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ZTE profit jumps 42% in Q1

2015-04-23 17:14:00| Telecompaper Headlines

(Telecompaper) ZTE said net profit rose 41.9 percent year-on-year in the first quarter to CNY 883 million, boosted by the company's M-ICT strategy, which generated new growth avenues. Basic earnings per share climbed to RMB 0.24, while revenue lifted 10.2 percent to CNY 21 billion. Operating revenue from telecommunications software systems, services and other products increased by 23.4 percent, pulled up by strong growth from video and network terminal products, in addition to services. Revenue from carrier networks increased by 8.9 percent, driven by growth in sales of products such as wireless communication systems, wireline switch and access systems, routers and router switches. Operating revenue from handset terminals was up by 7 percent, reflecting mainly higher sales of 4G handset terminals.

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Palo Alto Networks Soars on Partner Buy, Nokia Jumps on Buyback Prospect -- Tech Winners & Losers

2015-04-22 01:37:03| Semiconductors - Topix.net

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VIDEO: Protester jumps on Draghi desk

2015-04-15 15:53:52| BBC News | Business | UK Edition

A protester jumped on the desk in front of European Central Bank President Mario Draghi at a news conference in Frankfurt.

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J.B. Hunt's First-Quarter Income Jumps

2015-04-14 21:16:54| Trucking - Topix.net

J.B. Hunt Transport Services' first-quarter income jumped to $91.9 million, or 78 cents per share, from $68.7 million, or 58 cents, a year ago. Intermodal segment operating income rose 12% to $104.3 million, while revenue gained 1% to $844 million, on 6% higher volume.

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Prescription drug spending jumps 13% to record $374 billion in 2014

2015-04-14 16:04:59| Biotech - Topix.net

A 12-week treatment of Gilead Sciences' breakthrough hepatitis C drug Sovaldi, above, could cost more than $80,000 per patient. A 12-week treatment of Gilead Sciences' breakthrough hepatitis C drug Sovaldi, above, could cost more than $80,000 per patient.

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