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HTC forecasts net loss, lower sales in Q1
2014-02-10 09:11:00| Telecompaper Headlines
(Telecompaper) HTC forecast a further fall in results in the first quarter. Revenue is expected at TWD 34-36 billion, down from TWD 43 billion in the fourth quarter. The gross margin is expected to improve to around 21.75 percent from 17.8 percent in the last quarter, while the net result will be a loss of TWD 2.1-2.6 per share, reversing a profit of TWD 0.38 in Q4. HTC did not provide further details on its fourth-quarter handset sales. The company did announce a new licensing agreement with Nokia, putting an end to their multiple patent infringement cases. No financial details of the agreement were disclosed.
MTS posts Q4 net loss; cites court pension decision and failed Allstream sale
2014-02-08 00:52:39| Telecom - Topix.net
The logo for MTS Allstream, a division of Manitoba Telecom Services Inc. is shown.
MTS posts Q4 net loss; cites court pension decision and failed Allstream sale
2014-02-07 07:29:00| IT Services - Topix.net
The logo for MTS Allstream, a division of Manitoba Telecom Services Inc. is shown.
Sony lowers forecast to loss, trying to sell Vaio
2014-02-06 16:15:57| Electronics - Topix.net
Sony Corporation President and CEO Kazuo Hirai watches a monitor screen during a press conference at the Sony headquarters in Tokyo, Thursday, Feb. 6, 2014.
US: Wet Seal forecasts larger Q4 loss on sales declines
2014-02-06 16:00:00| Daily apparel & textile news and comment - from just-style.com
The Wet Seal has said its expects to report a larger fourth-quarter loss than previously guided for due to lower-than-expected sales and higher promotional activity.
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