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Bank governor warns on eurozone

2015-01-28 19:55:06| BBC News | Business | UK Edition

Bank of England governor Mark Carney has warned the current structure of the eurozone puts it in an "odd position".

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STMicro warns of slack sales despite profit

2015-01-28 11:03:59| Semiconductors - Topix.net

STMicroelectronics NV, Europe's largest semiconductor maker, expects weaker demand for its chips early this year as it swung into the black in the fourth quarter, with lower costs offsetting a decline in revenue. STMicro said on Wednesday that it expects revenue to drop around 5% in the first quarter compared with the three months ended-December though that quarter-on-quarter decline that is less severe than it typically experiences in the period..

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Mattel Shares Slide: CEO Resigns, Warns on Sales

2015-01-26 16:34:15| Toys - Topix.net

Mattel Inc, the maker of Barbie dolls and Fisher-Price preschool toys, removed chairman and chief executive Bryan Stockton and warned sales fell 6 percent in the holiday quarter. The company has been hit hard in recent years as its iconic Barbie doll has fallen out of favor with young girls, who are reaching for electronic toys such as tablets and watches and dolls based on Walt Disney Co's hit animated movie "Frozen."

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ECB warns over "weakened" EU project

2015-01-24 16:34:47| BBC News | Business | UK Edition

A top official at the European Central Bank warns that unemployment and low growth are undermining the European Union.

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UPS warns of disappointing results

2015-01-23 15:41:45| Air Courier - Topix.net

United Parcel Service, Inc. warned of disappointing fourth-quarter and full-year results, as higher-than-expected seasonal expenses and currency headwinds dragged down earnings. Chief Executive David Abney called the fourth-quarter results "disappointing" and said the company plans to reduce operating costs and implement new pricing strategies.

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