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Red Cross warns of blood shortage
2014-07-30 06:35:00| Industrial Machines - Topix.net
A cheerful giver - Blood donor Jerry Lee gets his arm bandaged by Red Cross worker Lela Parker after giving blood during a drive at Momeyer Baptist Church Monday.
Tags: red
cross
blood
shortage
Qualcomm warns of licence revenue shortfall in China
2014-07-24 08:17:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal third quarter to June of USD 6.81 billion, up 9 percent from a year earlier and 7 percent more than in the previous quarter. Operating profit rose 24 percent year-on-year to USD 2.08 billion, and net profit was up 42 percent to USD 2.24 billion or USD 1.31 per share. The results were better than the company's outlook, driven by demand for its chips in smartphones. The company however lowered its near-term outlook due to suspected under-reported revenues from licensees in China. Qualcomm estimates 287-296 million 3G/4G devices not reported or not licensed by manufacturers this year compared to its previous sales estimate, leading to a revenue shortfall. Some manufacturers may be delaying taking a licence pending the outcome of the investigation by the Chinese authorities into Qualcomm's business practices. Qualcomm said it's taking steps to address the issue, but it can't give a timetable for a resolution. As a result, the company narrowed its outlook for full-year results to 6-9 percent revenue growth and 1.04-1.13 billion devices shipped, versus a previous estimate of 5-11 percent revenue growth and 1.22-1.30 billion devices shipped. The EPS outlook was improved to 17-21 percent growth, helped by further share buybacks planned for the fourth quarter.
Tags: china
revenue
licence
warns
Tesco names new CEO as it warns on trading
2014-07-21 16:13:14| Food - Topix.net
Tesco PLC said Chief Executive Philip Clarke would leave the company in October to be replaced by Unilever PLC executive Dave Lewis, as the U.K.'s largest retailer issued a new profit warning.
Lagarde warns of market optimism
2014-07-18 17:36:17| BBC News | Business | UK Edition
IMF head Christine Lagarde warns that financial markets maybe a little too upbeat given high levels of unemployment and debt in European economies.
Tags: market
warns
optimism
lagarde
Ex-Cadbury Chair Warns On Cable Takeover Plan
2014-07-18 05:06:33| Beverages - Topix.net
The former chairman of Cadbury has warned that Vince Cable's proposal to legislate to prevent some foreign takeovers of British companies would send damaging signals about the openness of the UK economy.
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