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Tag: fall
Tommy Hilfiger Rolls Out Fall Fragrance
2016-07-19 15:50:00| Happi Breaking News
The Girl is next with model Gigi Hadid for the campaign.
Tags: fall
tommy
rolls
fragrance
Ericsson sales fall 11% in Q2, sees weak H2
2016-07-19 08:37:00| Telecompaper Headlines
(Telecompaper) Ericsson reported a further slowdown in sales in the second quarter, with revenues falling 11 percent year-on-year to SEK 54.1 billion due to the economic weakness in parts of the world. The company's main growth markets, China and North America, posted flat sales, and sales grew only in southeast Asia and Oceania. Ericsson said it expects the sales trend to continue in the second half of the year. A larger share of mobile broadband coverage contracts and services business led to a fall in the gross margin to 32.3 percent from 33.2 percent a year ago, and the operating margin dropped to 5.1 percent from 5.9, also impacted by a negative revaluation effects of currency hedge contracts. Net profit declined 26 percent year-on-year to SEK 1.6 billion, and operating cash flow was a negative SEK 0.7 billion. Ericsson said it will take further actions to reduce costs, targeting a new annual run rate of operating expenses, excluding restructuring charges, of SEK 53 billion in the second half of 2017.
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fall
weak
ericsson
Grain prices fall sharply after USDA releases Grain Supply and Demand report
2016-07-18 20:07:00| Corn & Soybean Digest
The USDA Grain Supply and Demand Report predicts good yields for the 2016 harvest in both the corn and soybean fields. This news sent prices falling and is expected to have a significant financial impact on Midwest farmers. read more
Tags: report
prices
fall
supply
Bank of America second quarter profits fall 19%
2016-07-18 17:03:02| BBC News | Business | UK Edition
Bank of America reports a steep drop in profit for the second quarter, as persistently low interest rates hurt the firm's loan business.
Tags: america
fall
bank
quarter
Fast Retailing cuts FY guidance amid profit fall
2016-07-15 16:36:00| Daily apparel & textile news and comment - from just-style.com
Uniqlo owner Fast Retailing has cut its earnings guidance for the third time this year as a result of the stronger yen and a fall in profits for the first nine months of the year.
Tags: fast
fall
profit
guidance
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