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Ericsson sales decline 14% in Q3 on lower demand

2016-10-21 08:22:00| Telecompaper Headlines

(Telecompaper) Ericsson said sales continued to fall in the third quarter, with revenues declining 14 percent from the year before to SEK 51.1 million. Sales were particularly impacted at the Networks segments, down 19 percent, as well as from less demand for broadband, especially in markets with a weak macro-economic environment. Economic weakness in regions such as Latin America, the Middle East and Sub-Saharan Africa weighed. Sales in Europe, China and North America also went lower year-on-year. Only South East Asia and Oceania posted sales growth, on the transition from 3G to 4G. Ericsson said it expects the sales trend to continue into the fourth quarter. The quarter will also be affected a contract renewal in the US with a reduced scope.

Tags: sales lower demand ericsson

European Sales of Animal Antibiotics Continue to Decline

2016-10-20 02:00:00| ThePigSite - Industry News

EUROPE - The European Medicines Agency (EMA) has published the sixth report on the sales of veterinary antibiotics in Europe, highlighting a continuing downward trend between 2011 and 2014.

Tags: sales continue european animal

US Hog Prices Register Biggest Spring-Summer Decline in History

2016-10-18 02:00:00| ThePigSite - Industry News

US - Hog prices in the just completed quarter registered the biggest spring to summer quarter decline in history (going back to 1980, at least), writes the Steiner Consulting Group.

Tags: register history prices biggest

Cash cattle and futures prices decline

2016-10-15 03:49:00| Beef

Nobody seems to know where the bottom of this market will be, or just what it will take to get there, say analysts with the Agricultural Marketing Service (AMS).. Many livestock auctions still are running a more summer-like schedule and others still are seeing pretty light receipts. Producers are reluctant to bring cattle to town on such a down market, and with enough grass and hay there wont be much movement until prices rise or a banker knocks at the door. Steer and heifer calves sold mostly $5-$10 lower, with discounts commonly running $20 or more for un-weaned calves, according to AMS. Yearlings traded steady to $5 lower. read more

Tags: prices cash decline cattle