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FIH Mobile warns for over 50% drop in FY profit

2016-10-04 14:41:00| Telecompaper Headlines

(Telecompaper) FIH Mobile has warned that its annual net profit this year will be over 50 percent lower than in 2015, due to "customer transitions". The company expects a profit of less than USD 110 million in 2016, meaning a drop of at least 52 percent from last year's USD 228.7 million. Revenue is expected to be less than USD 5.7 billion compared to USD 7.5 billion in 2015. FIH said it has seen some improvement in results in the second half of the year, and H2 profit should be higher than the USD 20.8 million for the first six months of 2016.

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Germany Reports Further Drop in Animal Antibiotic Use

2016-10-04 02:00:00| ThePigSite - Industry News

GERMANY - Germany has once again reduced the amount of antibiotics used in animal agriculture, according to the latest government data.

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Cattle prices drop amid bearish sentiment

2016-10-01 05:23:00| Beef

Calf, feeder and fed cattle prices declined with increased numbers and ongoing uncertainty. Steers and heifers traded mostly $2-$10 per cwt lower, according to the Agricultural Marketing Service. Cash fed cattle prices were mainly $2-$6 lower at $101-$104 per cwt on a live basis; $3-$8 lower at mostly $160-$163 in the beef. read more

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Weekly Cattle Market Wrap-Up | Slaughter cow prices continue big downward drop

2016-09-29 19:05:17| Beef

Slaughter cow prices continued their big downward drop and were quoted at the auctions mostly $2 to $10 lower. Cow meat prices stabilized a little but had dropped a lot the past few weeks. Audio File: Beef Mag fdr ctl and cow audio 2016 09 29.mp3 read more

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