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Pipeline, utility deals fuel jump in Canadian M&A activity

2016-04-07 19:22:11| Waste Management - Topix.net

Acquisitions in the utility sector and a major cross-border pipeline transaction helped drive the volume of Canadian M&A activity up 48 percent in the first quarter of 2016, even though the number of deals declined. Thomson Reuters data released on Thursday showed the overall number of deals in the period fell 18 percent to 511 from a year earlier, while the deal value surged to $67.9 billion from $45.9 billion a year ago.

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Samsung Electronics set for first-quarter profit jump, but some call an earnings peak

2016-04-07 11:11:12| Electronics - Topix.net

Samsung Electronics Co Ltd flagged a 10 percent jump in quarterly profit on Thursday - a sign of robust early sales for its new Galaxy S7 smartphones although doubts abound whether momentum can be maintained in the face of new rival offerings. The South Korean tech giant's estimate for first-quarter operating profit handily beat market forecasts and has boosted hopes that its struggling mobile business will post its first annual profit gain in three years, also benefiting from an improved performance for mid-to-low tier devices and cost-cutting efforts.

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Samsung Elec may post 10% jump in quarterly profit; mobile biz likely to see revival

2016-04-07 06:58:26| Semiconductors - Topix.net

Samsung Electronics Co Ltd flagged a 10% jump in quarterly profit on Thursday -- a sign of robust early sales for its new Galaxy S7 smartphones although doubts abound whether momentum can be maintained in the face of new rival offerings. The South Korean tech giant's estimate for first-quarter operating profit handily beat market forecasts and has boosted hopes that its struggling mobile business will post its first annual profit gain in three years, also benefiting from an improved performance for mid-to-low tier devices and cost-cutting efforts.

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Samsung forecasts 10% jump in profits

2016-04-07 02:40:47| BBC News | Business | UK Edition

South Korea's electronics giant is forecasting a 10% jump in first quarter operating profit compared with the same time last year.

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Olympic Maximum Stain Helps Jump Start Staining Season

2016-03-31 16:19:00| Coatings World Breaking News

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