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Construction Spending Posts Biggest Increase Since 2006
2014-04-02 23:13:00| Electrical Construction & Maintenance
Total construction spending in January posted the steepest year-over-year increase since 2006, with growth in public construction as well as private residential and nonresidential spending. read more
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Stamford's Cushman & Wakefield Posts Solid Leasing Numbers In 2013
2014-04-02 15:31:35| Real Estate - Topix.net
STAMFORD, Conn. Cushman & Wakefield's Stamford and Westchester, County, N.Y. offices posted a banner 2013, completing transactions on almost two million square feet, including office, retail, medical and industrial space.
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UPDATE 1-UTi Worldwide posts loss as demand for air freight weakens
2014-03-31 18:16:01| Logistics - Topix.net
Logistics company UTi Worldwide Inc reported a bigger-than-expected quarterly loss, hurt by weak demand for air freight as customers opt for slower, but cheaper, modes of shipping.
American Bio Medica Corp (ABMC) Posts Quarterly Earnings Results
2014-03-29 19:25:35| Biotech - Topix.net
American Bio Medica Corp released its earnings data on Friday. The company reported $0.01 EPS for the quarter, Analyst Ratings Network.com reports.
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BlackBerry posts FY net loss of USD 5.9 billion
2014-03-28 15:00:00| Telecompaper Headlines
(Telecompaper) BlackBerry has reported revenue of almost USD 976 million for the fourth quarter ending 01 March, down 18 percent or USD 217 million from around USD 1.2 billion in the previous quarter and down 64 percent or USD 2.7 billion from a year earlier. The revenue breakdown for the quarter was around 37 percent for hardware, 56 percent for services and 7 percent for software and other revenue. In Q4, BlackBerry generated hardware revenue on around 1.3 million smartphones, compared to around 1.9 million in Q3. Around 3.4 million BlackBerry smartphones were sold through to end customers in Q4, of which around 2.3 million were BlackBerry 7 devices. GAAP loss from continuing operations for Q4 was USD 423 million, compared to a loss of USD 4.4 billion in the previous quarter. Revenue from continuing operations for the year was USD 6.8 billion, down 38 percent from USD 11.1 billion in FY 2013. The GAAP net loss from continuing operations for fiscal 2014 was USD 5.9 billion, down from a net loss of USD 628 million a year earlier.
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