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Tag: hurt
EU emissions testing deal will hurt the industry, auto makers say
2015-10-31 13:42:38| Automakers - Topix.net
The Volkswagen logo sits on a sign above the Volkswagen AG factory in Braunschweig, Germany, on Thursday, Oct. 22, 2015. The Volkswagen logo sits on a sign above the Volkswagen AG factory in Braunschweig, Germany, on Thursday, Oct. 22, 2015.
STMicroelectronics Q3 results fall short; China autos hurt
2015-10-29 21:37:58| Electronics - Topix.net
Oct 29 Franco-Italian chipmaker STMicroelectronics on Thursday posted weaker-than-expected quarterly results and said lower demand in China, especially its automotive business, had led it to cut manufacturing and lower its fourth-quarter outlook. Europe's largest semiconductor maker reported third-quarter net revenue of $1.76 billion, a decline of 6.5 percent from the year-ago quarter.
Tags: results
short
china
fall
Novartis profit hurt by U.S. settlement
2015-10-28 01:20:37| Biotech - Topix.net
Novartis AG said Tuesday that third-quarter profit fell 42% from the same period last year, as the Swiss drug giant agreed to settle claims that it used rebates to get specialty pharmacies to increase prescriptions. Basel-based Novartis said net income fell to $1.81 billion, or $0.75 per share in the quarter ended in September, compared with $3.1 billion, or $1.27 share a year earlier.
Tags: profit
hurt
settlement
novartis
Union Pacific sales hurt by coal slump
2015-10-22 15:49:52| Railroads - Topix.net
Union Pacific Corp. reported a 10% slide in sales Thursday as weak coal carloads, a chief driver of demand, dented the top line. The railroad also saw profit drop 5% in the three-month period ended Sept.
Tags: sales
union
pacific
hurt
Rail stoppage could hurt ag shipments
2015-10-21 01:58:50| Railroads - Topix.net
In an action that could disrupt shipment of agricultural commodities in California and around the U.S., national railroad companies have indicated they will start shutting down rail freight systems at the end of this month unless Congress extends a deadline to implement new safety technology. “The Association of American Railroads has indicated that the railroads are going to start ramping down operations as early as Nov. 1 and that the letters about this have already gone out to railroad customers.
Tags: hurt
rail
shipments
stoppage
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