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Oil prices drop due to weak Chinese activity
2015-11-02 01:00:00| Offshore Technology
Oil prices have fallen due to concerns that arose last week after weak Chinese manufacturing activity.
Tags: due
prices
activity
chinese
NEMA Business Conditions Indexes drop in September.
2015-10-30 13:31:09| Industrial Newsroom - All News for Today
NEMA’s Electroindustry Business Conditions Index for current conditions in North America fell 10 points in September, dropping to 42.5. Fifteen percent of panelists reported the business environment facing electrical equipment manufacturers improved in September, while 30% claimed it worsened. Meanwhile, EBCI for future North American conditions declined modestly to 52.5 in September after measuring 55 in each of the last 2 months.
Tags: business
conditions
september
drop
HTC confirms drop in Q3 results, no guidance for Q4
2015-10-30 12:07:00| Telecompaper Headlines
(Telecompaper) HTC has refrained from giving an outlook for its fourth-quarter results. In a presentation on the Q3 figures, the smartphone maker did not provide its usual guidance for the current quarter. HTC said Q3 results were better than expected, despite soft demand at the high end of the market. The restructuring programme underway resulted in a drop in operating expenses, while R&D spending was maintained. The company's revenues fell to TWD 21.4 billion from TWD 41.9 billion a year ago, in line with its outlook for sales of TWD 19-22 billion. The gross margin dropped to 18.0 percent from 22.9 percent in Q3 2014, below the group's forecast of 19.0-19.5 percent. HTC recorded an operating loss of TWD 4.9 billion, compared to a profit of TWD 0.2 billion a year earlier. The net result was a loss of TWD 5.41 per share, better than its forecast of TWD 5.51-5.85.
Tags: results
drop
guidance
htc
AB InBev profits drop in Q3, reports organic growth
2015-10-30 10:20:00| Daily beverage news and comment - from just-drinks.com
Anheuser-Busch InBev has seen reported profits drop in its third quarter, dragging the year-to-date down.
Tags: reports
growth
drop
organic
Baidu sees Q3 net income drop 26.7% to CNY 2.8 bln
2015-10-30 09:34:00| Telecompaper Headlines
(Telecompaper) Chinese internet search provider Baidu reported total revenues of CNY 18.383 billion (approximately USD 2.892 billion) for the third quarter of 2015, which represents a 36 percent increase from the third quarter of 2014. Mobile revenue accounted for 54 percent of total revenues for the third quarter of 2015, compared to 37 percent for the corresponding period in 2014. Third-quarter net income plunged 26.7 percent to CNY 2.841 billion (approximately 447 million) at 30 September 2015.
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