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HTC posts net loss in Q3
2013-11-05 09:08:00| Telecompaper Headlines
(Telecompaper) HTC reported a net loss of TWD 3.0 billion for the third quarter, versus a profit of TWD 3.9 billion a year earlier. Revenue tumbled to TWD 47.0 billion from TWD 70.2 billion, and the gross margin dropped to 20.4 percent from 25.0. The smartphone maker had a negative operating margin of 7.4 percent, in line with its earlier forecast. HTC said sales of its flagship One smartphone were "solid" in the EMEA region, with a "halo effect" on sales of its other new devices such as the One mini. In the US, the company expanded its distribution to all four of the major carriers, and in China, the group's preparing to launch the first TD-LTE phone with the One Max. During the quarter, HTC also sold its stakes in Beats and Saffron Digital. For the fourth quarter, HTC expects a further drop in sales, to TWD 40-45 billion, while the gross margin should be stable at around 20 percent. The net result is expected to improve to a profit of TWD 0.1-1.7 per share.
T-Mobile US loss narrows sharply
2013-11-05 01:00:00| Total Telecom industry news
Deutsche Telekom's U.S. unit doubles smartphone sales to 5.6 million.
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MGM Resorts 3rd-quarter loss narrows
2013-11-02 07:45:46| Trucking - Topix.net
For the period ended Sept. 30, MGM Resorts International lost $31.9 million, or 7 cents per share.
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Bolivia, Madagascar, China see jump in forest loss
2013-11-01 22:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Loss of forest cover increased sharply in Bolivia, Madagascar, and Ecuador during the third quarter of 2013, according to an update from NASA scientists. NASA's Quarterly Indicator of Cover Change (QUICC), a MODIS satellite-based product that underpins Mongabay.com's Global Forest Disturbance Alert System (GloF-DAS), picked up strong deforestation signals in the three tropical countries between July 1 and September 30, 2013: Bolivia (167 percent increase in deforestation relative to the year-earlier...
Lower spending in Midwest South downtown Las Vegas leads to loss for Boyd Gaming
2013-11-01 02:53:32| Trucking - Topix.net
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