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Tag: fall
After Hours: Gilead shares climb; AT&T, Amgen shares fall
2014-04-23 11:34:57| Biotech - Topix.net
Gilead Sciences Inc., AT&T Inc. and Amgen Inc. were among the stocks actively trading Tuesday evening, with shares of Gilead climbing after handily beating Wall Street's quarterly earnings and revenue expectations and reporting a sales surge for its new hepatitis C treatment.
UK government borrowing sees fall
2014-04-23 11:06:30| BBC News | Business | UK Edition
The UK government borrowed 107.7bn in the financial year to April 2014, lower than the amount it borrowed the previous year.
Tags: government
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Ericsson Q1 sales fall 9%, profits improve
2014-04-23 08:50:00| Telecompaper Headlines
(Telecompaper) Ericsson reported first-quarter sales down 9 percent from a year earlier to SEK 47.5 billion, hurt by slower sales in North America and Japan. On a comparable basis, adjusted for currency, sales decreased 7 percent year-on-year and were down 28 percent compared to the fourth quarter. The company still improved its operating margin, to 5.5 percent from 4.0 a year ago, thanks to more mobile broadband capacity sales and lower restructuring charges. Total operating profit rose to SEK 2.6 billion from SEK 2.1 billion, and net profit increased 41 percent to SEK 1.7 billion. Helped by its new licence agreement with Samsung, Ericsson increased operating cash flow to SEK 9.4 billion, compared to a negative SEK 3.0 billion a year ago. Ericsson said it expects a number of key contract wins, such as LTE projects in China, Japan and Taiwan, to impact sales and the business mix in the second half of the year. However, the political uncertainty in parts of the Middle East and Africa is having a negative impact on sales. This could also spread to Ukraine and Russia, where Ericsson recorded SEK 5.9 billion in sales last year, the company warned.
Tags: sales
improve
fall
ericsson
TeliaSonera looks for M&A as Q1 numbers fall
2014-04-23 02:00:00| Total Telecom industry news
Swedish telco's Q1 sales, profits down as customer behaviour changes.
Tags: fall
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teliasonera
Movers & Shakers: Allergan, Netflix surge; Xerox, Bebe Stores fall
2014-04-22 20:31:42| Apparel - Topix.net
Shares of Allergan Inc. and Netflix Inc. surged in premarket trade Tuesday while Xerox Corp. and Bebe Stores Inc. shares came under pressure.
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