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Sprint customer base climbs, net loss widens

2016-07-25 02:00:00| Total Telecom industry news

CEO hails solid turnaround progress as U.S. telco reports slight decline in fiscal Q1 revenue.

Tags: net customer base loss

 

Pakistan trade deficit widens as exports slide

2016-07-18 14:56:00| Daily apparel & textile news and comment - from just-style.com

Pakistan's trade deficit widened significantly in its last fiscal year, new data shows, with exports showing a steeper decline than imports. 

Tags: trade slide pakistan deficit

 
 

Aeropostale widens Q1 losses on declining traffic

2016-07-15 12:56:00| Daily apparel & textile news and comment - from just-style.com

Aeropostale has widened its net losses in the first quarter as a result of declining mall traffic, a highly promotional and competitive retail environment, and changing consumer tastes.

Tags: traffic losses declining widens

 

UK trade deficit widens in May

2016-07-08 11:48:20| BBC News | Business | UK Edition

The UK's trade deficit widened in May after the value of exports fell faster than the value of imports.

Tags: may trade deficit widens

 

Micron to reduce workforce as profit loss widens in Q3

2016-07-04 10:22:00| Telecompaper Headlines

(Telecompaper) Micron Technology said revenues for its third quarter to 2 June fell 25 percent from the year before to USD 2.90 billion while the net loss widened to USD 215 million or USD 0.21 per diluted share from a loss of 97 million or 0.09 per diluted share. Cash flows from operations amounted to USD 389 million. CEO Mark Durcan said the company continued to face challenging market conditions, despite good progress in deploying its advanced DRAM and NAND technologies. To address the current market environment and strengthen its competitive, Micron will seek to implement initiatives to reduce costs, drive greater efficiencies and increase focus on strategic priorities. The initiatives, which include a global workforce reduction, are expected to save the company over USD 300 million in fiscal 2017.

Tags: loss reduce profit workforce

 

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