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Buffett Mocking Gold Sidesteps Slump as Berkshire Buys Stock

2013-04-18 01:33:50| Food - Topix.net

Investors including hedge-fund manager John Paulson faced losses this week as gold suffered its biggest rout in three decades.

Tags: stock gold buys berkshire

 

Intel profit dives 25 percent amid PC market slump

2013-04-16 23:26:14| InfoWorld: Top News

Intel reported a drop in profits and revenue for the first quarter, as the biggest PC market slump in recent memory weighed on its business. Intel reported a profit of $2.05 billion for the quarter ended March 30, down 25 percent from a year earlier. Revenue was $12.6 billion, Intel said, a drop of 2.5 percent.About two-thirds of Intel's revenue comes from its PC client group, which makes chips for laptops and desktops. Revenue from that division was down 6 percent year on year, to $8.0 billion.

Tags: market percent profit intel

 
 

H&M March Sales Slump as Winter Chill Delays Spring Season

2013-04-16 08:56:04| Appliances - Topix.net

Hennes & Mauritz AB , Europe 's second-largest clothing retailer, reported a slump in March revenue as freezing weather delayed sales of spring clothes.

Tags: march sales spring winter

 

Stocks slump on weak Chinese data

2013-04-15 17:42:37| Telecom - Topix.net

That's how investors were feeling Monday, after they awoke to disappointing news that China's economic growth had slowed in the first quarter.

Tags: data chinese weak stocks

 

Jazztel Bucking Spain's Slump Seen Attracting Vodafone: Real M&A

2013-04-02 16:31:32| Telecom - Topix.net

Jazztel Plc offers potential acquirers the chance to gain share in the Spanish phone market as one of Europe's few remaining fast-growing carriers.

Tags: real vodafone attracting slump

 

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