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Tag: fall
Oil prices fall on concerns of rising exports from Middle East
2016-06-01 01:00:00| Offshore Technology
Oil prices have dropped amid concerns of increasing exports from the Middle East members of the Organization of the Petroleum Exporting Countries (OPEC).
Easter Island statues could fall into sea due to climate change, U.N. says
2016-05-29 23:35:00| Climate Ark Climate Change & Global Warming Newsfeed
CNN: Higher waves caused by a warming planet are chipping away at platforms that have supported some of the famous statues on Easter Island for more than 500 years, according to a United Nations report on cultural heritage sites and climate change. "Some Easter Island statues are at risk of being lost to the sea because of coastal erosion," said Adam Markham, deputy director of the Climate and Energy Program at the Union of Concerned Scientists and lead author of the report, which examined the potential...
Climate resolutions fall short at ExxonMobils annual meeting
2016-05-26 14:07:01| Climate Ark Climate Change & Global Warming Newsfeed
Washington Post: ExxonMobil beat back shareholder resolutions about climate change that would have reoriented the oil and gas giant toward renewable energy, forced it to disclose lobbying details and installed a board member with expertise in the area of climate change. But at its annual meeting at the Morton H. Meyerson Symphony Center in Dallas, the company badly lost a vote over a resolution that will make it easier for large shareholders to nominate their own board members and have them included in proxy materials...
Tags: short
fall
meeting
annual
Daily Mail shares hit as profits fall
2016-05-26 12:11:49| BBC News | Business | UK Edition
Shares in the publisher of the Daily Mail fall 8% after falling advertising income hits half-year profits.
Lenovo Q4 revenues fall 19% after drop in smartphone sales
2016-05-26 11:56:00| Telecompaper Headlines
(Telecompaper) Lenovo reported revenues for its fiscal fourth quarter to March down 19 percent year-on-year to USD 9.133 billion, as the company suffered from the slowdown in the PC market and falling mobile phone sales. Operating profit still improved, by 95 percent to USD 248 million, thanks to restructuring and cost-cutting efforts, and net profit was up 80 percent to USD 180 million. The company maintained its dividend at HKD 0.25 per share. The group shipped 10.9 million smartphones in the quarter and 66.1 million over the full year, down 13 percent. Lenovo said that while it achieved its goal of mobile profitability within 18 months of the acquisition of Motorola Mobility, the "integration efforts did not meet expectations". In particular, China shipments declined 85 percent, as the company failed to keep up with the shift to open-market sales and competition from premium brands business. In North America it also suffered from a poor product transition, missing the key year-end sales window for new products.
Tags: sales
fall
drop
revenues
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