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Annual UK house price growth 'slows'

2015-06-03 08:23:24| BBC News | Business | UK Edition

The annual pace of UK house price growth slowed last month, according to the latest survey from Nationwide.

Tags: price house growth annual

 

Pfizer's Ibrance drug slows progression of breast cancer

2015-05-30 19:03:57| Biotech - Topix.net

CHICAGO: A Phase III trial of Pfizer Inc's drug Ibrance showed that, in combination with hormone therapy, the drug more than doubled the duration of disease control for women with the most common type of breast cancer. At the time of an interim analysis, patients given Ibrance in combination with AstraZeneca Plc's Faslodex , a widely used treatment to block estrogen, lived an average of 9.2 months before their cancer worsened.

Tags: drug cancer breast progression

 
 

Growth in Philippines slows sharply

2015-05-28 06:03:24| BBC News | Business | UK Edition

Growth in the Philippine economy slows to its lowest pace since 2011 in the first quarter from a year ago, figures showed.

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Oil Trades Near $60 as Retreat in U.S. Drilling-Rig Count Slows

2015-05-25 12:22:50| Energy - Topix.net

Futures were little changed in New York after falling 1.7 percent on Friday. The number of rigs targeting oil dropped by one to 659, data from Baker Hughes Inc. showed.

Tags: us count oil trades

 

Lenovo sales growth slows to 21% in Q4

2015-05-21 09:05:00| Telecompaper Headlines

(Telecompaper) Lenovo reported revenues for its fiscal fourth quarter up 21 percent year-on-year to USD 11.3 billion, helped by its acquisition of Motorola Mobility and the IBM server business. Organic growth was held back by negative currency effects; without the forex effect, sales would have increased 28 percent. While the gross margin improved to 15.7 percent from 13.3 a year ago, the acquisitions led to a sharp rise in operating costs. As a result, operating profit fell 45 percent to USD 127 million, and net profit dropped 38 percent to USD 100 million. Lenovo said it laid a good base for profitable growth in the past year, reducing the share of PCs in revenue to 63 percent in the last quarter. The PC market saw a seasonal slowdown in the March quarter, with shipments up just 2.7 percent year-on-year to 13.3 million. In the mobile market, Lenovo shipped 18.7 million smartphones in Q4 and a record 76 million over the full year. Motorola contributed over 7.8 million units in the quarter, and Lenovo said the company was on track to return to profit within 4-6 quarters of the acquisition. Outside Lenovo's home market China, smartphone shipments were up over four-fold to 31 million in the year, as the company expanded Lenovo-brand phones to new markets. Lenovo also grew tablet shipments 26 percent last year to 12 million units. 

Tags: sales growth lenovo q4

 

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