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Tag: losses
Jefferies Reports Seven Days of Trading Losses in Quarter
2014-01-28 23:04:26| Agriculture - Topix.net
Jefferies Group LLC Chief Executive Officer Richard Handler reported last month that fiscal fourth-quarter profit rose 68 percent as stock underwriting more than doubled and investment-banking revenue reached a record.
Tags: days
reports
trading
quarter
8-2 U.S. Steel Cuts Losses
2014-01-28 15:42:15| Steel - Topix.net
United States Steel Corp. moved closer to profitability during the second quarter.
Sugar firms losses to aggravate as realisations much lower
2014-01-24 07:18:00| Sugar Industry News
Sugar mills\' financial health is unlikely to see a significant change anytime soon due to relentless price decline in the sweetener and uncertainty in allied products despite short term relief measures introduced by the government.
Tags: lower
firms
sugar
losses
Nokia results down sharply in Q4, handset losses continue
2014-01-23 12:02:00| Telecompaper Headlines
(Telecompaper) Nokia reported a double-digit drop in sales and profits from its continuing activities in the fourth quarter, while its handset business to be sold to Microsoft also remained in the red. The continuing operations, which include the network equipment business NSN, navigation service Here and IP licensing through the Advanced Technologies unit, recorded revenues of EUR 3.476 billion, down 21 percent from a year earlier. Adjusted operating profit fell 39 percent to EUR 408 million, and EPS declined 17 percent to EUR 0.05. All three divisions reported lower sales and operating. At the Devices & Services division, reported as discontinued activities, sales fell 29 percent year-on-year and were 5 percent lower than in Q3, at EUR 2.633 billion. The adjusted operating margin worsened to negative 7.3 percent, from 1.3 percent a year ago and 4.7 percent in Q3. Nokia highlighted the sequential improvement in NSN's results and forecast an improvement in group profitability once the Microsoft transaction closes, expected later this quarter. While Q1 is expected to be seasonally weak, NSN targets an improvement in its adjusted operating margin over the full year 2014 to the high end of its long-term forecast of 5-10 percent, compared to a result of 3.7 percent in 2013. This will be helped by a renewed sales drive in the second half of the year. Advanced Technologies should also get a boost from the licensing deal with Microsoft and a new five-year licensing agreement announced with Samsung.
Tags: results
continue
nokia
losses
US: Sears Holdings forecasts quarterly and FY losses
2014-01-13 14:47:00| Daily apparel & textile news and comment - from just-style.com
Struggling retailer Sears Holdings has said it expects to report a net loss in the fourth quarter as the transition of the business continues.
Tags: quarterly
losses
holdings
forecasts
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