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EZChip Bullish Calls Cut Back After Sales Miss: Israel Markets

2014-10-12 14:04:41| IT Services - Topix.net

The biggest rout in shares of EZchip Semiconductor Ltd. in a year is prompting analysts to pare back bullish calls as signs mount that the telecommunications industry is slowing. EZchip, which counts Cisco Systems Inc. and Juniper Networks Inc. as its largest customers, said Oct. 6 that third- quarter sales would miss its own guidance by more than 10 percent, sparking a 14 percent retreat in its New York-traded shares last week.

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EZChip Bullish Calls Cut Back After Sales Miss: Israel Markets

2014-10-12 11:04:33| Semiconductors - Topix.net

The biggest rout in shares of EZchip Semiconductor Ltd. in a year is prompting analysts to pare back bullish calls as signs mount that the telecommunications industry is slowing. EZchip, which counts Cisco Systems Inc. and Juniper Networks Inc. as its largest customers, said Oct. 6 that third- quarter sales would miss its own guidance by more than 10 percent, sparking a 14 percent retreat in its New York-traded shares last week.

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UPDATE 1-UPS sets up access points for U.S. deliveries to cut costs

2014-10-09 21:13:15| Trucking - Topix.net

United Parcel Service Inc has started allowing U.S. customers to collect packages from neighborhood stores or lockers to lower failed deliveries of online purchases and costs associated with them, ahead of the busy holiday shopping season. Courier companies face higher delivery costs on online purchases by shoppers as per-package volume is lower than bulk deliveries to businesses.

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French soft drinks producers pledge to cut sugar content

2014-10-09 16:41:43| Daily beverage news and comment - from just-drinks.com

Soft drinks producers in France have agreed to reduce sugar content in beverages by 5% in 2015.

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BAE Systems set to cut 440 UK jobs

2014-10-09 12:39:33| BBC News | Business | UK Edition

Defence giant BAE Systems is set to cut 440 management jobs across the UK, more than half of which will be in Lancashire.

Tags: set jobs systems cut

 

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