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Modest 4Q revenue rise seen for United Tech
2014-01-17 17:11:57| Paper - Topix.net
The Hartford, Conn., aerospace and building systems conglomerate is set to report its results before the markets open on Wednesday.
Tags: united
tech
rise
revenue
Modest 4Q revenue rise seen for United Tech
2014-01-17 15:17:58| Industrial Machines - Topix.net
The Hartford, Conn., aerospace and building systems conglomerate is set to report its results before the markets open on Wednesday.
Tags: united
tech
rise
revenue
Intel posts modest growth in Q4, sees flat 2014
2014-01-17 09:07:00| Telecompaper Headlines
(Telecompaper) Intel reported modest growth for the fourth quarter, saying it sees signs of stabilisation in the PC market. The chipmaker's revenues rose 3 percent year-on-year to USD 13.8 billion, and the gross margin improved 4.0 percent points to 62.0 percent, at the high end of the company's outlook. Net profit increased 6 percent to USD 2.6 billion or 51 cents a share. The company generated USD 6.2 billion in cash from operations, paid dividends of USD 1.1 billion and used USD 528 million to repurchase 22 million shares of stock. Intel confirmed its outlook for 2014 of flat revenues, while noting its working on several new products that weren't on its roadmap six months ago, as part of efforts to stimulate sales. In 2013, Intel's core PC Client Group recorded revenues down 4 percent to USD 33.0 billion as demand for tablets eroded PC sales. The company's Data Centre activities grew a stronger 7 percent to USD 11.2 billion, while revenues from other products fell by 7 percent to USD 4.1 billion. In Q4, PC sales improved to 2 percent sequential growth and other architecture expanded by 4 percent from Q3. Intel forecast a slowdown in the first quarter, with group sales dropping to an estimated USD 12.8 billion.
Automakers see modest growth in 2014
2014-01-16 14:05:31| Automakers - Topix.net
Now that they have taken the wraps off their latest cars and trucks, automakers are turning their attention to the challenges of 2014 and working to tamp down expectations for sales and earnings.
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modest
automakers
modest growth
Michigan economy in 5th year of modest recovery
2014-01-10 19:14:43| Auto Dealers - Topix.net
University of Michigan experts told state lawmakers Friday that Michigan had the fourth-highest private-sector job growth from 2010 to 2012.
Tags: year
economy
recovery
michigan
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