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German business confidence falls post-Brexit, says Ifo

2016-08-25 12:30:35| BBC News | Business | UK Edition

Business confidence in Europe's biggest economy, Germany, has fallen unexpectedly, according to a closely watched survey.

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KPN Q4 revenue falls on business woes, tax settlement

2016-02-03 01:00:00| Total Telecom industry news

Dutch incumbent swings to net profit following sale of Telefonica Deutschland shares, lower gross debt.

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Columbus Business First Rare miss for Victoria's Secret as swim line falls flat: 'We messed it up'

2015-08-21 11:23:07| Apparel - Topix.net

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals. Columbus-based L Brands Inc. reported its second-quarter earnings and while the retailer was pleased with the overall results, sales of swimsuits were a rare disappointment for a company that has been operating around its all-time high on many fronts.

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Cree Stock Falls After Announced LED Business Restructuring

2015-06-25 16:43:38| Semiconductors - Topix.net

Cree said it will restructure its LED Products business to "reduce excess capacity and overhead to improve the cost structure moving forward," in response to recent LED market trends leading to higher price erosion than it expected. The company will also increase its LED reserves to reflect the more aggressive pricing environment in the current quarter and to factor in a more conservative price outlook for fiscal 2016.

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Microsoft quarterly profit falls on handset business costs

2015-04-23 23:01:00| Telecompaper Headlines

(Telecompaper) Microsoft reported earnings down 10 percent year-on-year to USD 0.61 per share in its fiscal third quarter to March, hurt by costs for restructuring and integrating the former Nokia mobile phone business. Microsoft said the USD 190 million in restructuring costs in the quarter took 1 cent off earnings, while the 4 percent rise in its operating costs was also driven by the acquisition of the Nokia operations. This pushed its operating profit 5 percent lower to USD 6.59 billion. The gross margin was still up 1 percent to USD 14.57 billion, and revenues rose 6 percent year-on-year to USD 21.73 billion. The mobile phone business contributed revenue of USD 1.4 billion, and Lumia smartphone shipments rose 18 percent year-on-year to 8.6 million. The company also shipped 24.7 million feature phones in the quarter. 

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