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Urban Outfitters in Montclair sees series of shoplifting arrests
2014-07-23 06:42:24| Apparel - Topix.net
Through a 10-day period, the Montclair Police Department arrested three alleged shoplifters at Urban Outfitters, 20 South Park St. This past Saturday, July 12, officers responded to a report of a shoplifter in custody.
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Harley-Davidson sees profits jump
2014-07-22 14:54:48| BBC News | Business | UK Edition
Harley-Davidson reports a sharp jump in quarterly profits but warns it will ship fewer bikes this year than previously forecast.
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Royal Mail sees parcels revenue fall
2014-07-22 09:22:23| BBC News | Business | UK Edition
Royal Mail warns of lower revenues from its parcels business, but says it should still be able to meet its targets for the year.
ARM sales growth slows in Q2, sees better H2
2014-07-22 08:41:00| Telecompaper Headlines
(Telecompaper) ARM Holdings reported a slowdown in revenue growth in the second quarter, due to seasonal trends and inventory management in the industry. Revenues were up 17 percent year-on-year to USD 309.6 million, while its adjusted operating margin improved to 48.9 percent from 48.6 percent a year ago. Licensing led the growth in revenue, up 42 percent to USD 146.1 million, after the company signed 41 new licences in the quarter. Royalty revenue was unchanged at USD 135.3 million. On a statutory basis, revenues rose 9 percent to GBP 187.1 million, and the margin increased to 34.9 percent from 7.4 percent a year earlier, after the company took a one-time charge for certain IP in the year-earlier period. Pretax profit jumped to GBP 68.0 million from 15.0 million, and EPS increased to 3.91 pence from 0.75. The results included a restructuring charge of GBP 8.4 million after a "review of the skills and capabilities across the business" led to the loss of 130 people from the company during the quarter. ARM's order backlog was down around 10 percent compared to the first quarter, but the company said it expects the licensing opportunities, especially for its next-generation processors, to pay off in a higher backlog in the second half of the year. Improving semiconductor market conditions should also lead to increased royalty revenue on the second half. The company will increase its interim dividend by 20 percent to 2.52 pence per share.
WIT Rally Sees 1,000 Rigs; Theme Set for '15
2014-07-21 19:38:42| Mobile Homes - Topix.net
Winnebago Industries Inc. reported that the WIT Club's 2014 Grand National Rally was a great success with about 1,000 motorhomes on-site at the company's rally grounds in Forest City, Iowa.
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