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Tag: slowdown
Ericsson sees slowdown as Q3 sales fall 3%
2013-10-24 08:44:00| Telecompaper Headlines
(Telecompaper) Ericsson reported third-quarter sales down 3 percent to SEK 53.0 billion, hurt by currency effects and a slowdown in major projects. Comparable sales excluding forex rose 3 percent from a year earlier. Operating profit improved to SEK 4.2 billion from SEK 3.1 billion a year earlier, in part thanks to a shift in Europe away from low-margin upgrade projects towards capacity and LTE expansion. Net profit increased to SEK 3.0 billion from SEK 2.2 billion. Despite the shift in Europe and LTE contract wins with two Chinese operators, Ericsson said sales were "coming under some pressure". In addition to forex and the weak economy, two major mobile broadband coverage projects in North America are slowing down and it's nearing completion of a large project in Japan. Growth is expected to come from its new small cell products, as well as the recent expansion in IPTV with the Microsoft Mediaroom takeover.
Tags: sales
fall
ericsson
sees
CSX hopes to expand profit despite coal slowdown
2013-10-16 22:55:51| Railroads - Topix.net
Officials at the Jacksonville, Fla.-based railroad said Wednesday that shipments of intermodal containers and merchandise will continue to be a larger part of their business.
Tags: expand
profit
hopes
coal
BANGLADESH: Slowdown forecast for garment export growth
2013-10-05 13:00:00| Daily apparel & textile news and comment - from just-style.com
An updated assessment of economic trends and prospects in developing Asia forecasts a slowdown in the growth of Bangladesh's ready-made garment exports in the current fiscal year following a series of deadly industrial accidents in the country.
Tags: growth
export
bangladesh
forecast
September 2013 Car Sales: Government Shutdown, Meet Sales Slowdown
2013-10-01 18:02:20| Auto Dealers - Topix.net
Car sales hit the skids in September, as the major automakers saw double-digit gains from summer turn to single digits--and head in the wrong direction, in some cases.
Tags: september
sales
car
meet
Colgate: Concerns Over EM Slowdown Overblown; Morgan Stanley Upgrades To Buy
2013-10-01 16:03:52| Paper - Topix.net
More than half of Colgate-Palmolive 's earnings come from emerging markets. By comparison, its large cap peers, Procter & Gamble , Clorox , Kimberly-Clark , and Church & Dwight , on average generate 27% of their earnings from EM.
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