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STMicroelectronics gains confidence on Q2 targets

2015-05-13 01:00:33| Semiconductors - Topix.net

May 12 Europe's largest semiconductor maker, STMicroelectronics, said on Tuesday it expects second-quarter revenue to grow about 3.5 percent, squarely in the middle of the guidance the company issued two weeks ago. The company said in late April that it expected revenue for the current quarter to be within a range of flat to 7 percent higher, suggesting a modest rise in confidence in the company's outlook off the lower end of its forecasts.

Tags: confidence targets gains stmicroelectronics

 

Oil Holds Gains After 8th Weekly Climb as U.S. Rig Count Shrinks

2015-05-11 10:21:37| Energy - Topix.net

Futures were little changed in New York after capping a 0.4 percent weekly advance Friday, the longest run of increases since February 2013. The U.S. rig count declined by 11 to 668, extending a slide that started in December, according to Baker Hughes Inc. The Organization of Petroleum Exporting Countries, which is scheduled to meet June 5, is unlikely to cut its output quota, according to an official at National Iranian Oil Co.

Tags: count oil weekly holds

 
 

Oil Holds Gains After 8th Weekly Climb as U.S. Rig Count Shrinks

2015-05-11 09:36:54| Oil & Gas - Topix.net

Futures were little changed in New York after capping a 0.4 percent weekly advance Friday, the longest run of increases since February 2013. The U.S. rig count declined by 11 to 668, extending a slide that started in December, according to Baker Hughes Inc. The Organization of Petroleum Exporting Countries, which is scheduled to meet June 5, is unlikely to cut its output quota, according to an official at National Iranian Oil Co.

Tags: count oil weekly holds

 

Rebounding economy leads to solid job gains

2015-05-09 08:43:13| Food - Topix.net

Rebounding from a dismal start to the year, the U.S. economy added 223,000 jobs in April, a solid gain that suggested employers are helping fuel a durable if still subpar recovery.

Tags: job solid leads economy

 

Rebounding economy leads to solid job gains

2015-05-09 03:24:27| Grocery - Topix.net

Rebounding from a dismal start to the year, the U.S. economy added 223,000 jobs in April, a solid gain that suggested employers are helping fuel a durable if still subpar recovery.

Tags: job solid leads economy

 

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