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UK: Strong demand drives wool industry confidence

2013-11-07 15:44:00| Daily apparel & textile news and comment - from just-style.com

UK wool producers are feeling increasingly confident as the improving economic outlook across Europe and the rest of the world has a positive impact on pricing.

Tags: industry strong demand confidence

 

Qualcomm posts strong Q3, gives cautious outlook

2013-11-07 08:40:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported another quarter of strong growth thanks to demand for its chips in smartphones. Revenues of USD 6.48 billion were up 33 percent year-over-year and 4 percent sequentially. Operating profit for its fiscal fourth quarter rose 29 percent from a year earlier to USD 1.59 billion, and net income for the three months to September increased 18 percent to USD 1.50 billion or 86 cents a share. After operating cash flow of USD 2.52 billion, the company finished the quarter with cash of USD 29.4 billion. Qualcomm said its MSM shipments rose 35 percent in the past quarter and 21 percent in the fiscal year. For the fiscal first quarter, it expects growth of 7-15 percent to 195-210 million units, and revenues up 5-15 percent year-on-year to USD 6.3-6.9 billion. The company forecast EPS slightly lower in the quarter, down 6-16 percent to USD 0.92-1.02, but expects growth of 9-14 percent over the full year. Overall, Qualcomm expects the mobile phone market to grow in calendar 2014 to around 1.26 billion units, from an estimated 1.10 billion this year.

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Large crowds and strong sales at Mecum's Gone Farmin Iowa tractor auction

2013-11-06 20:40:20| Industrial Machines - Topix.net

This past weekend's Gone Farmin' Iowa Premier hosted by Mecum Auctions brought 225 vintage tractors and nearly 300 signs and farm relics to the Mississippi Valley Fairgrounds in Davenport, Iowa.

Tags: large sales strong auction

 

Lending Volumes Remained Strong in the Third Quarter

2013-11-06 17:09:00| National Real Estate Investor

Lending to commercial and multifamily properties made another strong showing in the third quarter of 2013, according to the latest Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations released last week by the Mortgage Bankers Association. read more

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Midwest Keeps Up With Strong Industrial Growth

2013-11-06 16:59:00| National Real Estate Investor

The Midwest industrial market has responded well to the economic recovery, and according to some benchmarks has outperformed the coastal port cities that have traditionally been the power house markets for the sector. read more

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