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Tag: slump
FTSE 100 edges up despite GKN slump
2017-11-16 09:51:41| BBC News | Business | UK Edition
Shares in the engineering firm dive 8% as its chief executive-designate leaves the company.
Ericsson scales back financial targets on RAN market slump
2017-11-08 15:13:00| Telecompaper Headlines
(Telecompaper) Ericsson has scaled back its financial targets as the contraction in the mobile network market is not expected to relent until 2020 when 5G sales start. At its Capital Markets Day, the company said it will focus on profitability over growth in the near term.
Tags: back
market
financial
ran
Zain Q3 performance hampered by Sudan currency slump
2017-10-30 01:00:00| Total Telecom industry news
Zain on Saturday reported hefty declines in third quarter revenue and earnings, as the steep devaluation of the Sudanese pound took the sheen off an otherwise strong performance. The Kuwait-based telco's revenue for the three months to 30 September came in at 259 million dinars (&euro…read more on TotalTele.com »
Tags: performance
currency
sudan
hampered
JC Penney shares slump after outlook cut
2017-10-27 16:13:24| BBC News | Business | UK Edition
The US store chain's shares fall 22% after it says 2017 sales will now be no higher than last year's.
Tags: cut
shares
outlook
slump
Bond trading slump hits Citigroup and JPMorgan Chase
2017-10-12 14:31:56| BBC News | Business | UK Edition
Profits at two of America's biggest banks rise in the third quarter despite a bond trading slump.
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