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Tag: growth
Tencent Q4 profit up 51% on growth in mobile games
2015-03-18 16:03:00| Telecompaper Headlines
(Telecompaper) Chinese mobile and internet services firm Tencent said revenues for the fourth quarter of 2014 rose 24 percent from the year before to CNY 20.98 billion (USD 3.43 billion). The operating margin increased to 35 percent from 28 percent, and net profit lifted 51 percent year-on-year to CNY 5.95 billion. VAS revenues advanced 44 percent to CNY 11.96 billion, reflecting growth in mobile games on the social networks Weixin and Mobile QQ. Social networks revenues grew by 50 percent to CNY 5.17 billion on increased in-game items sales and higher paid subscriptions. Online advertising revenues went up 75 percent to CNY 2.63 billion, while at e-commerce, revenues fell 87 percent to CNY 446 million after the repositioning of the business with JD.com. Tencent reached the milestone of 500 million monthly active Weixin and WeChat accounts at the end of 2014, an increase of 41 percent over the year. Monthly active Qzone accounts rose 5 percent in the year to 654 million, and QQ counted 815 million monthly users, up 1 percent from 2013. Of the total 563 million QQ users and 540 million Qzone users were on mobile devices.
Tags: games
mobile
growth
profit
Baselworld 2015: Smart Watches, 1.9% Growth, Swiss Currency And Mourning An Untimely Death
2015-03-18 14:37:26| Jewelry - Topix.net
I'm a one-time daily newspaper reporter who now writes about high-end jewelry, the finest timepieces, luxury and fashion. It seems remarkable when looking back, but, at the same time, it feels quite normal.
Tags: death
growth
watches
smart
Morici: Strong Dollar, Sluggish Growth Weigh Against Fed Raising Rates
2015-03-18 13:48:02| Auto Dealers - Topix.net
Federal Reserve policymakers are meeting to consider whether to open the door to raising interest rates as early as June. Falling unemployment favors higher rates, but inflation remains well below the Fed target of 2 percent.
Tags: rates
strong
growth
dollar
Gilead: Huge Long-Term Growth Potential Based On Philip Fisher's Ideals
2015-03-17 19:24:10| Steel - Topix.net
Legendary investor Philip Fisher once presented 15 points that a company must pass in order for it to be justified as a strong investment. Philip Fisher's long-term track record is truly magnificent, and any stock that passes his criteria should be seriously considered for an investment.
Tags: based
potential
growth
huge
Brown-Forman appoints Old Forester president to drive growth
2015-03-17 14:09:00| Daily beverage news and comment - from just-drinks.com
Brown-Forman is installing a president for its Old Forester Bourbon in a bid to grow the re-emerging brand domestically and in international markets.
Tags: drive
growth
president
appoints
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