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UPDATE 1-Whirlpool cuts outlook as sales outside North America fall

2014-07-23 19:53:04| Appliances - Topix.net

Whirlpool Corp on Wednesday reported a lower-than-expected quarterly profit as sales fell in every region except North America.

Tags: north sales america update

 

Glaxo profits hit by fall in sales

2014-07-23 13:30:13| BBC News | Business | UK Edition

Glaxosmithkline profits fall as the drugs company is hit by a fall in sales and a bribery investigation in China.

Tags: sales hit fall profits

 
 

Microsoft profits fall after Nokia handsets acquisition

2014-07-23 08:41:00| Telecompaper Headlines

(Telecompaper) Microsoft reported pressure on quarterly profits in its fiscal fourth quarter after completing the acquisition of Nokia's handset business. Earnings for the three months to June fell 7 percent from a year earlier to USD 0.55 per share, including a loss of USD 0.08 per share from the phone business. Revenues rose 18 percent year-on-year to USD 23.38 billion, with USD 1.99 billion coming from the former Nokia business, and operating profit improved 7 percent to USD 6.48 billion, with a loss of USD 692 million from the handset activities. Microsoft's revenue growth was otherwise supported by a recovering PC market, with Windows OEM revenue up 3 percent. Office 365 added another 1 million consumer subscribers in the quarter, and Bing increased advertising revenues by 40 percent. In the commercial market, server product revenues, including Azure, were up 16 percent, and Windows licensing volume rose 11 percent. Overal, consumer and device revenues increased 42 percent to USD 10.0 billion, and commercial revenues were up 11 percent to USD 13. billion. 

Tags: fall microsoft nokia acquisition

 

Apple growth driven by China, iPad sales fall

2014-07-23 02:00:00| Total Telecom industry news

Strong iPhone, Mac sales spare the blushes at U.S. tech giant.

Tags: sales china fall growth

 

Steel Dynamics Jumps; AK Steel, BB&T, Hasbro, Manpower Fall

2014-07-22 11:47:05| Auto Parts - Topix.net

Allergan net soared 16%. BB&T netplunged 22%. Genuine Parts profit slid 9%. Halliburton net surged 20%.

Tags: fall steel dynamics jumps

 

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