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UPS warns of disappointing results

2015-01-23 15:11:46| Trucking - 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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Eni warns oil could shoot up to $200

2015-01-21 17:06:59| BBC News | Business | UK Edition

The boss of Italian oil group Eni, speaking in Davos, warns oil could shoot up to $200 a barrel if the Opec cartel fails to cut supplies.

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Ebola scientist warns business elite

2015-01-20 23:48:25| BBC News | Business | UK Edition

Leading Ebola scientist Professor Peter Piot warns the World Economic Forum that developed nations are "vulnerable" to epidemics and must invest more in research.

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Sharp warns for weaker FY results

2015-01-19 12:09:00| Telecompaper Headlines

(Telecompaper) Sharp has confirmed it expects to report annual results below its previous outlook. Following a report in the Nikkei, the company said results for the fiscal year to March 2015 will fall short of its forecast issued in Octover 2014, due to lower profitability in Japan due to the fluctuations in yen rates and tougher market conditions, such as increased competition in the LCD business. Sharp said it's working on a new forecast and will provide more details once the process is completed. The company will announce results for the fiscal third quarter on 03 February. In October, Sharp forecast annual sales to fall around 1 percent to JPY 2.9 trillion, operating profit down 8 percent to JPY 100 billion and a strong improvement in net profit to JPY 30 billion.

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TeliaSonera warns of 236m Q4 writedown

2015-01-19 01:00:00| Total Telecom industry news

Swedish telco to take haircut on Eurasian operations.

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