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Therese Poletti's Tech Tales: Apple investors stuck in the past if they expect big growth
2016-01-22 17:38:56| IT Services - Topix.net
Next Tuesday may be a wake-up call, though. Apple plans to report its holiday-season results and detail its revenue projections for the March quarter, as expectations for fiscal 2016 dwindle.
Reliance Big TV approaching the 5 million subscriber mark
2016-01-22 17:00:51| Digital TV News
Reliance Communications has announced results for the quarter ended December 31, 2015. Reliance Digital TV currently has about 5.0 million subscribers, with 6% share of the DTH market in India.
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Schlumberger reports big 4Q loss, says cut 10,000 more jobs
2016-01-22 03:12:53| Energy - Topix.net
" Schlumberger said Thursday that it lost more than $1 billion and slashed another 10,000 jobs in the fourth quarter as tumbling energy prices took their toll on the world's largest oilfield services company. Like others in the industry, Schlumberger NV has been hard hit by the downturn in the energy sector and it warned that it doesn't expect a turnaround soon.
Schlumberger reports big 4Q loss, says cut 10,000 more jobs
2016-01-22 03:03:10| Oil & Gas - Topix.net
" Schlumberger said Thursday that it lost more than $1 billion and slashed another 10,000 jobs in the fourth quarter as tumbling energy prices took their toll on the world's largest oilfield services company. Like others in the industry, Schlumberger NV has been hard hit by the downturn in the energy sector and it warned that it doesn't expect a turnaround soon.
Energy-Market Slump Weighs on Big Railroads
2016-01-22 02:57:53| Railroads - Topix.net
The dismal energy market slammed two of North America's biggest freight railroads in the fourth quarter, prompting them to slash jobs and driving profits below Wall Street's expectations. Union Pacific Corp. said it furloughed 3,900 employees last year amid steep declines in shipments of coal, crude oil and fracking sand.
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