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Twitter rallying with Amgen takes sting out of fed warning

2014-07-31 14:26:30| Biotech - Topix.net

Twitter and Amgen extended rallies in social media and biotechnology stocks since the U.S. central bank said two weeks ago that industry valuations are stretched.

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Xiaomi takes 5th place in global smartphone market in Q2

2014-07-31 12:32:00| Telecompaper Headlines

(Telecompaper) Global smartphone shipments grew 27 percent annually to reach 295.2 million units in the second quarter of 2014, according to Strategy Analytics. The market researcher estimates that Chinese manufacturer Xiaomi showed the strongest growth, capturing a 5 percent global market share and becoming the world's fifth-largest smartphone vendor. Overall, healthy demand in Asia and Africa in Q2 offset sluggish volumes across North America and Europe, where many operators are moving from handset subsidies to installment payments. Samsung remained the world's largest smartphone vendor, with an estimated 74.5 million phones sold versus 76.0 million a year earlier . However, its market share dipped to 25.2 percent from 32.6 percent a year ago. Apple also lost share, despite growing shipments, accounting for 11.9 percent of the global smartphone market versus 13.4 percent a year ago. Chinese manufacturers were the main winners in the quarter. Huawei strengthened its third place in the market with a 6.8 percent share, up from 4.8 percent a year earlier, Lenovo grew to 5.4 percent from 4.8 and Xiaomi jumped to 5.1 percent from 1.8 percent in the year-earlier period. LG dropped to sixth place, with a share of 4.9 percent versus 5.2 percent in Q2 2013. 

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Suncor net income falls, takes charge on cancelled oilsands project

2014-07-31 06:35:40| Oil & Gas - Topix.net

The Suncor Refinery in Edmonton is seen on Tuesday, April 29, 2014. Suncor Energy Inc. has posted a nearly 70 per cent drop in net income during the second quarter as it took charges related to the cancellation of the Joslyn oilsands project and unrest in Libya.

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Suncor net income falls, takes charge on cancelled oilsands project

2014-07-31 06:26:36| Electronics - Topix.net

Suncor Energy Inc. said Wednesday its net income during the second quarter dropped by more than two thirds as it took some $1.2 billion in charges related to its holdings in the oilsands and in Libya.

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Openreach takes language lesson to improve customer service

2014-07-31 02:00:00| Total Telecom industry news

Joe Garner wants to give customers more visibility on their line installation; favours in-house engineers over contractors.

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