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Sprint cutting 2K more jobs, reducing staff 5 pct
2014-11-03 23:23:52| IT Services - Topix.net
Wireless carrier Sprint says it is eliminating 2,000 jobs, or about 5 percent of its staff, as part of an effort to cut $1.5 billion in annual spending.
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Nissan sales up over 13 pct.; sign of strong Oct.
2014-11-03 13:26:14| Auto Dealers - Topix.net
Nissan's U.S. sales rose more than 13 percent in October, a sign that auto sales continue to be strong. The Japanese automaker said its Nissan and Infiniti brands sold just over 113,000 cars and trucks last month.
Sinopec posts 12 pct fall in Q3 profits, but beats forecasts
2014-10-31 06:06:57| Oil & Gas - Topix.net
Asia's largest oil refiner Sinopec Corp posted on Thursday a 12 percent fall in third-quarter net profit, partly because of lower international crude prices, weaker refining profits and slowing Chinese demand. Net profit at Sinopec fell to 19.3 billion yuan from 22.0 billion yuan a year earlier, Sinopec said in a filing with the Shanghai bourse.
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Wipro quarterly profit up 7.9 pct; Oct-Dec sales expected at $1.77-1.81 bn
2014-10-23 06:53:12| IT Services - Topix.net
IT services firm Wipro on Thursday reported a 7.9 per cent growth in consolidated net profit at Rs 2,084.8 crore for the second quarter ended September 30, 2014, helped by infrastructure services. The city-headquartered firm posted a net profit of Rs 1,932.1 crore in the year-ago period.
Tags: sales
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UPDATE 1-Interpublic revenue rises 8 pct on higher ad spending in U.S.
2014-10-22 16:30:49| Toys - Topix.net
Advertising company Interpublic Group of Cos Inc reported quarterly revenue above analysts' expectations, helped by higher ad spending by U.S. businesses. The world's No.4 ad firm also said it could exceed its organic revenue growth target of 4 percent for the full year ending December.
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