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Truckmaker Volvo posts 4Q loss of $364 million as demand for construction equipment weakens

2015-02-05 14:25:07| Automakers - Topix.net

Swedish truck maker AB Volvo has posted a fourth-quarter loss of 3 billion kronor , compared with a 548 million-kronor surplus last year, in the face of weak demand for construction equipment. The Goteborg-based company says sales in the last three months of 2014 rose slightly to 77.5 billion kronor from 76.6 billion kronor in the same period last year.

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Drugmaker Merck posts spike in 4Q profit, beats forecasts

2015-02-04 14:42:26| Biotech - Topix.net

Drugmaker Merck & Co.' s fourth-quarter profit skyrocketed to $7.32 billion, skewed by an $11.2 billion gain from selling its consumer care business to Germany's Bayer AG.

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TTAB Posts February 2015 Hearing Schedule

2015-02-03 14:14:45| Grocery - Topix.net

The Trademark Trial and Appeal Board has scheduled five oral hearings for the month of February, as listed below. The hearings will be held in the East Wing of the Madison Building, in Alexandria, Virginia.

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Global Semiconductor Industry Posts Record Sales in 2014

2015-02-03 08:52:48| Semiconductors - Topix.net

The Semiconductor Industry Association , representing U.S. leadership in semiconductor manufacturing and design, today announced that the global semiconductor industry posted record sales totaling $335.8 billion in 2014, an increase of 9.9 percent from the 2013 total of $305.6 billion. Global sales for the month of December 2014 reached $29.1 billion, marking the strongest December on record, while December 2014 sales in the Americas increased 16 percent compared to December 2013.

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Exxon Mobil posts 4Q profit of $6.57 billion, result tops expectations

2015-02-02 16:11:56| Chemicals - Topix.net

The results beat Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.

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