je.st
news
Tag: cuts
Sony cuts FY outlook on extra costs for PC exit
2014-05-01 09:08:00| Telecompaper Headlines
(Telecompaper) Sony has cut its profit forecast for its fiscal year to March 2014, due to extra costs for shutting down its PC business and a slowdown in its disc manufacturing business. The company said it will book JPY 30 billion in restructuring charges for the earlier announced exit from the PC business. These had previously been expected to fall in the following fiscal year, to March 2015, but have been moved forward. It will also book a JPY 25 billion impairment on the disc business, due to a slowdown particularly in Europe of CD and DVD sales and expected lower profitability from the activities in future. As a result, Sony expects an annual net loss of JPY 130 billion, versus a forecast in February for a loss of JPY 110 billion and a profit of JPY 43 billion in the previous year. The estimate for operating profit was cut to JPY 26 billion from 80 billion, while the sales outlook slightly increased, by 0.9 percent to JPY 7.77 trillion.
Morrisons cuts core product prices
2014-05-01 00:59:42| BBC News | Business | UK Edition
Struggling supermarket Morrisons announces it will cut prices by as much as 17% on some products, in a bid to win back customers.
Tags: product
prices
core
cuts
Energy Efficient Lighting Cuts Energy Use in U.S. Parking Facilities by 90%
2014-04-30 20:28:00| Electrical Construction & Maintenance
The U.S. Energy Departments Better Buildings Alliance is supporting the Lighting Energy Efficiency in Parking (LEEP) Campaign, which to date has helped more than 100 U.S. businesses and organizations with planning or installing energy efficient lighting in their parking lots and garages. read more
Tags: energy
facilities
efficient
parking
Optus cuts 350 staff in restructure
2014-04-30 02:00:00| Total Telecom industry news
Australian operator continues with transformation plan; redundancies will take place in next few weeks.
Tags: staff
cuts
restructure
optus
Nordea's Profit Rises 4.7% as Biggest Nordic Bank Cuts Costs
2014-04-29 13:23:17| Appliances - Topix.net
Nordea Bank AB said profit rose 4.7 percent in the first quarter as the Nordic region's largest bank cut costs and saw fewer losses on its loans.
Tags: costs
bank
profit
biggest
Sites : [376] [377] [378] [379] [380] [381] [382] [383] [384] [385] [386] [387] [388] [389] [390] [391] [392] [393] [394] [395] next »