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Amazon forecasts slower growth in Q4 after Q3 sales grow 29%

2018-10-26 08:28:00| Telecompaper Headlines

(Telecompaper) Amazon reported third-quarter revenues of USD 56.6 billion, up 29 percent from a year earlier. Operating and net profit showed a ten-fold improvement, and the margins improved. The growth was somewhat slower than the previous very strong four quarters, and Amazon expects slower revenue growth of 10-20 percent for the important fourth quarter. 

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Facebook shares fall sharply after slower growth in Q2, weak outlook

2018-07-26 07:32:00| Telecompaper Headlines

(Telecompaper) Facebook reported a slowdown in growth in the second quarter and said it expects the trend to continue in the rest of 2018. Revenues rose 42 percent year-on-year to USD 13.23 billion, compared to annual growth of 49 and 47 percent in the previous two quarters. The operating margin fell to 44 percent from 47 percent a year ago, while net profit was still up 31 percent to USD 5.11 billion or USD 1.07 per share. 

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Tooling industry business slower than expected so far in 2018: report

2018-07-23 18:38:57| Canadian Plastics Headlines

According to the Q2 2018 Automotive Tooling Barometer, both die and mold shops in North America experienced a decrease in utilization from Q1 2018 to Q2 2018, with a significant amount of business being pushed to the second half of the year. The post Tooling industry business slower than expected so far in 2018: report appeared first on Canadian Plastics.

Tags: business report industry expected

 

US economy grows at a slower 2.2%

2018-05-30 17:46:33| BBC News | Business | UK Edition

The US said the US economy increased by 2.2% in the first quarter, slightly more slowly than first reported.

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Britain's broadband speeds 51 per cent slower than advertised

2018-05-18 02:00:00| Total Telecom industry news

A new industry report has revealed that consumers in the UK are receiving broadband speeds that are less than half of the advertised rates.  A study by industry watchdog Which? Revealed that the average broadband speed in the UK is 51 per cent lower than the advertised speed. In the study, Which? found that UK consumers were paying for average speeds of 38Mbps but receiving actual speeds of less than 19Mbps…read more on TotalTele.com »

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