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Hedge Funds May Be Challenging Riksbank on Krona, SEB Says

2016-01-05 14:49:46| Appliances - Topix.net

Hedge funds may be gearing up to place bets against the Swedish central bank's efforts to halt gains in the krona, according to SEB AB. It must be "a concern" that the krona has only weakened to about 9.21 per euro from about 9.15 last week after the bank said it was prepared to intervene directly in the currency market, said Johan Javeus, chief strategist at SEB, in a note.

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Samsung Electronics CEO warns of challenging conditions in 2016

2016-01-04 04:25:16| Electronics - Topix.net

Jan 4 South Korean tech giant Samsung Electronics Co Ltd said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including memory chips and smartphones. In a statement on Monday, Samsung said Chief Executive Kwon Oh-hyun told employees in a New Year's address that low global growth will persist this year, with greater uncertainty stemming from issues such as financial risks for emerging countries.

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'Challenging' market hits Game Digital

2015-12-23 09:13:15| BBC News | Business | UK Edition

Video games retailer Game Digital reports falling sales in what it calls a "challenging" UK market.

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Wear-Resistant Insert Grades machine challenging materials.

2015-12-22 14:31:07| Industrial Newsroom - All News for Today

With edge toughness and high chip resistance, TH1000 TiSiN-TiAlN nanolaminate PVD-coated grade enables manufacturers to tackle variety of ISO H5-H10 applications as well as maintain long tool life when machining hardened steels from 50–62 HRC, hard surfaced components, and superalloy materials. Suited for processing hardened steels from 40–55 HRC, Duratomic® TH1500 grade allows manufacturers to excel in ISO H10-H15 applications that require continuous-cut operations.

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CarMax misses 3rd quarter forecasts, cites 'challenging sales'

2015-12-19 23:02:20| Auto Dealers - Topix.net

But he noted in a statement that "we continued to grow both total revenues and EPS, reflecting the contributions from new stores and continued share repurchase activity." The Richmond, Virginia, company earned $128.2 million, or 63 cents per share, in the quarter that ended Nov. 30. That compares with earnings of $130 million, or 60 cents per share, a year ago.

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