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China Unicom CEO confident of turnaround despite 80% drop in H1 net profit

2016-08-18 02:00:00| Total Telecom industry news

Wang Xiaochu brushes off reduction in earnings, and says operator laid the foundations for future success during the opening half of 2016.

Tags: net china drop profit

 

Turnaround triumph

2016-08-15 01:14:54| BBC News | Business | UK Edition

Lisa Messenger explains how she turned her life around to set up the Sydney-based multimedia business, the Messenger Group.

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Gap adds Hasbro CEO to board amid turnaround efforts

2016-08-12 12:25:00| Daily apparel & textile news and comment - from just-style.com

US apparel giant Gap Inc has recruited the chief executive officer of toy maker Hasbro, Brian Goldner, to serve on its board of directors as the retailer tries to reverse a slump in sales.

Tags: board efforts ceo gap

 

Light beer turnaround continues for MillerCoors despite H1 declines - results

2016-08-02 16:52:00| Daily beverage news and comment - from just-drinks.com

MillerCoors has blamed shipment timings for a weak Q2 that dragged down the first-half, but praised its light beer performance.

Tags: results light continues beer

 

HTC points to sales turnaround in Q2

2016-08-02 13:22:00| Telecompaper Headlines

(Telecompaper) HTC signalled an upturn in sales in the second quarter compared to the first three months of the year, but sales were still down sharply from a year ago. Its quarterly revenue of TWD 18.9 billion was up 27 percent form Q1, which HTC attributed to the launch of its flagship HTC 10 smartphone and HTC Vive virtual reality headset. The Vive launched on time to consumers in early April and to businesses in June, and HTC has been working to build up a network of partners to promote the device. Sales of the premium devices helped lift its gross margin to 11.4 percent in Q2 from 9.2 percent in Q1, while its operating loss narrowed to TWD 4.2 billion from TWD 4.8 billion over the same period. Helped by a gain of TWD 1.0 billion on the sale of land in Taiwan, the net loss shrunk to TWD 3.1 billion from TWD 8.0 billion a year ago.

Tags: sales points htc q2

 

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