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Tag: profit
STMicro warns of slack sales despite profit
2015-01-28 11:03:59| Semiconductors - Topix.net
STMicroelectronics NV, Europe's largest semiconductor maker, expects weaker demand for its chips early this year as it swung into the black in the fourth quarter, with lower costs offsetting a decline in revenue. STMicro said on Wednesday that it expects revenue to drop around 5% in the first quarter compared with the three months ended-December though that quarter-on-quarter decline that is less severe than it typically experiences in the period..
Tags: sales
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slack
Nintendo's nine-month profit jumps on cheap yen
2015-01-28 10:02:31| Electronics - Topix.net
Nintendo reported a five-fold increase in profit for the first three quarters of the fiscal year and raised its earnings forecast, boosted by a cheap yen. Nintendo Co., the Japanese manufacturer of Pokemon and Super Mario video games, said Wednesday profit for the nine months ended December 2014, totaled 59.52 billion yen , up from 10.19 billion yen a year earlier.
Nordea lifts dividend amid profit rise
2015-01-28 09:27:34| Appliances - Topix.net
Nordea Bank AB , the Nordic region's biggest bank, Wednesday reported a 13% rise in fourth-quarter net profit, driven by higher fee and commission income and lower operating expenses, and said it aimed to increase its pay-out ratio in 2015 while cutting costs further. Net profit at the Stockholm-based bank rose to EUR877 million in the three months to Dec. 31, up from EUR773 million in the year-earlier period and against expectations for EUR872.2 million according to analyst estimates complied by SIX.
Tags: rise
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SK Hynix fourth-quarter profit sets new record on firm memory demand
2015-01-28 08:58:19| Semiconductors - Topix.net
South Korean memory chip maker SK Hynix Inc said on Wednesday its October-December operating profit more than doubled to a quarterly record high, boosted by healthy demand from servers and new smartphones launched by Apple Inc. SK Hynix, the world's second largest maker of DRAM chips used in personal computers and smartphones, said its DRAM shipments rose 18 percent from the previous quarter while the average selling price fell by 3 percent. Memory chip makers have been booking higher profits in recent quarters thanks to better-than-expected demand for personal computers and data servers as well as careful capacity management across the industry.
Pension charge, lower sales slash Bristol-Myers' Q4 profit
2015-01-28 06:17:30| Biotech - Topix.net
Bristol-Myers Squibb Co. barely broke even in the fourth quarter, due to a whopping pension charge and slightly lower prescription drug sales, but the drugmaker easily beat Wall Street's muted profit expectations.
Tags: sales
lower
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