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Tag: q4
GEA Group Aktiengesellschaft : Asian Demand For Dairy Products Affords GEA Another EUR 120M Of Large Orders In Q4 (Jan 09, 2014)
2014-01-17 06:30:55| dairynetwork News Articles
In Q4 2013 the mechanical engineering group GEA was awarded large dairy processing orders worth more thanEUR 120 millionin total. The new projects will comprise a wide range of process technology from GEA and will benefit from GEA's ability to leverage its expertise as a leading system provider to the food industry
Tags: group
jan
products
large
TeliaSonera to take SEK 2.5 bln in charges in Q4
2014-01-16 09:08:00| Telecompaper Headlines
(Telecompaper) TeliaSonera announced it will take one-time charges totaling SEK 2.524 billion for the fourth quarter of 2013. This includes SEK 2.331 billion in non-cash write-downs, primarily of goodwill and obsolete IT platforms. The goodwill writedown comes mainly at its Danish and Lithuanian activities, where charges total SEK 1.168 million. Another SEK 598 million impairment charge relates to the operations acquired in Kazakhstan in January 2013, which are expected to take longer to employ due to the lack of a 4G licence. The IT charges are a result of the new operating structure announced by the company in December. Combined with a general IT structure review, obsolete systems and platforms with a total book value of SEK 565 million will be scrapped or written down. The company also noted that annual costs for redundancies will be slightly less than previously forecast at just over SEK 1.2 billion, while the gain from selling towers in Spain will also be less than expected. TeliaSonera's Spanish subsidiary Yoigo has sold fewer towers than expected to Abertis Telecom, reducing the sale proceeds to around EUR 40-50 million (circa SEK 350-440 million). The transaction was partly finalized in the fourth quarter of 2013 with a positive cash flow impact of SEK 230 million and net gain of SEK 179 million. Finally, due to four major storms in Sweden at the end of 2013, extra maintenance costs for fault handling will impact the Broadband Services Sweden unit in the fourth quarter of 2013 by SEK 143 million.
US: New York & Co narrows Q4 guidance
2014-01-15 10:56:00| Daily apparel & textile news and comment - from just-style.com
Specialty apparel chain New York & Co has narrowed its fourth-quarter earnings guidance but offered a positive outlook despite trading in what it says is a "challenging" retail environment.
Tags: york
guidance
q4
narrows
Worldwide PC shipments fall 6.9% to 82.6 mln units in Q4
2014-01-10 09:09:00| Telecompaper Headlines
(Telecompaper) Worldwide PC shipments reached 82.6 million units in the fourth quarter, down 6.9 percent from the year before and the seventh consecutive quarter of lower shipments, according to preliminary results by Gartner. Gartner said markets such as the US have bottomed out as the adjustment to the installed base slows. Still, strong growth in tablets continued to negatively impact PC growth in emerging markets. In these markets, Gartner said that the first connected device for consumers is most likely a smartphone, and the first computing device a tablet. For the year, PC shipments fell 10 percent from the year before to 315.9 million units, the worst decline in PC market history, equal to shipment levels in 2009. Lenovo took over the top spot in the global PC market, accounting for 16.9 percent of the market. HP moved into the second spot after experiencing a shipment decline of 9.3 percent. Lenovo also led the PC market in Q4, accounting for 18.1 percent of global PC shipments.
Tags: fall
worldwide
units
shipments
Samsung saw profit slide in Q4
2014-01-07 01:00:00| Total Telecom industry news
Announcement from South Korean vendor suggests it faces pressure at its mobile business.
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