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North American Power and Utilities Deal Activity Soars

2016-04-20 18:26:00| Transmission & Distribution World

Merger and acquisition volume and value increased significantly in the first quarter of 2016 both sequentially and year-over-year. read more

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As housing market soars, poorest renters are priced out

2016-04-10 22:42:51| Real Estate - Topix.net

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Wall St Pares Gains As Retailers Tumble; Crude Oil Soars 6%

2016-04-08 20:04:05| Footwear - Topix.net

U.S. stocks pared healthy gains Friday as consumer-discretionary stocks, mainly retail and apparel companies like Gap Inc. ,sank, shifting investors' focus to shaky coming quarterly results. Meanwhile, crude prices were enjoying their best rally since February, aiding a surge in energy companies and offering a countervailing force to the market's laggards.

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Constellation Soars on IPO Chatter and Earnings as Vice Stocks Rally

2016-04-06 21:05:29| Beverages - Topix.net

Shares of Constellation Brands climbed 5% by midday trading Wednesday, the latest among a series of big gains in so-called vice stocks. The Victor, N.Y.-based alcoholic-beverage producer, whose beer labels include Corona and Pacifico, delighted investors with a morning report of a quarterly earnings beat and talks an initial public offering of Constellation's Canadian wine businesses.

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Huawei revenue soars 37% to CNY 395 bln in 2015

2016-04-01 08:54:00| Telecompaper Headlines

(Telecompaper) Huawei reported revenues of CNY 395 billion in 2015, up 37 percent year-on-year and its largest revenue growth since 2008, driven by smartphone sales and widespread 4G network rollout. The China-based company said its Carrier, Enterprise and Consumer segments all achieved strong year-on-year growth, increasing by 21 percent, 44 percent and 73 percent respectively. The Carrier division was boosted by global adoption of 4G technology while the Enterprise group experienced rapid growth in the public safety, finance, transportation and energy sectors. The performance of the Consumer division, meanwhile, was a direct result of increased global demand for the company's products, said Huawei, above all the 100 million-plus smartphone shipments in 2015, a 44 percent annual rise.

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