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ST sensor sales drop 19%

2015-05-08 12:48:38| Semiconductors - Topix.net

STMicroelectronics saw sensor sales fall 19% last year to reduce its place in the sensor market from No.2 to No.4, says IC Insights. ST's drop was partly caused by marketshare gains by Bosch and InvenSense, which climbed from 14th in 2013 to ninth in the 2014 sensor/actuator ranking with a 33% increase in sensor sales to $332 million last year.

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Oil Set for 1st Weekly Drop Since March as Drillers Signal Boost

2015-05-08 10:56:44| Oil & Gas - Topix.net

Futures fell as much as 1 percent in New York, extending Thursday's 3.3 percent drop. EOG Resources Inc. said Tuesday it plans to increase drilling as soon as prices stabilize at about $65 a barrel, while other shale-oil companies lifted their production outlook.

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Medifast earnings drop 25 percent in first quarter

2015-05-08 08:29:31| Biotech - Topix.net

First-quarter profit fell 25.5 percent at Owings Mills-based Medifast Inc. as the weight-loss company tries to inject new life into business lines and prepares to overhaul its board of directors.

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European bond prices drop sharply

2015-05-07 17:32:24| BBC News | Business | UK Edition

European bond prices drop in widespread sell off, sending investor returns higher, as markets brace for the return of inflation.

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Hugo Boss 'positive' for full-year despite drop in Q1 profits

2015-05-06 12:34:23| Apparel - Topix.net

German fashion house Hugo Boss said Wednesday that profits fell in the first three months of 2015, but the outlook for the whole year was positive. "The apparel industry is currently feeling the effects of strong consumer restraint in Europe in particular.

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