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Siemens cuts another 4,500 jobs as oil decline burdens profit
2015-05-07 08:48:09| Industrial Machines - Topix.net
Siemens, Europe's largest engineering company, will cut another 4,500 jobs after second-quarter profit fell more than estimated by analysts, burdened by the declining oil price. Profit from so-called industrial operations fell 4.9 per cent to 1.66 billion euros, the Munich-based company said in a statement.
RF Component Revenue In Wireless Backhaul Applications Will Decline Says Strategy Analytics
2015-05-07 07:28:02| rfglobalnet News Articles
While wireless backhaul radio quantities will grow slowly, price erosion will create a decline in RF component revenues in the segment. The recently released Strategy Analytics Advanced Semiconductor Applications (ASA) spreadsheet model and Forecast and Outlook report, "Wireless Backhaul RF Component Demand: 2014 - 2019", forecasts RF component revenues will experience a compound average growth rate of minus 2 percent over the forecast period.
Tags: applications
strategy
wireless
component
Brent crude remains above $68 a barrel after decline in US crude inventories
2015-05-07 01:00:00| Offshore Technology
Brent crude oil remained above $68 a barrel on Thursday, after reports of the first decline in crude inventories in the US since January.
Exxon's 1Q profit falls 46 percent amid decline in oil price
2015-04-30 16:11:44| Oil & Gas - Topix.net
Lower oil prices pushed Exxon Mobil Corp.'s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion - a huge sum but the weakest first quarter for the oil giant since 2009.
Exxon's 1Q profit falls 46 percent amid decline in oil price
2015-04-30 15:42:49| Energy - Topix.net
Lower oil prices pushed Exxon Mobil Corp.'s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion - a huge sum but the weakest first quarter for the oil giant since 2009.
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