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Cirrus Logic posts lower Q1 profits
2014-07-24 04:47:05| Electronics - Topix.net
Cirrus Logic Inc. shares moved lower in after-hours trading Wednesday after the company estimated that second-quarter revenue numbers would fall in the lower range of analysts' estimates.
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lower
logic
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IMF forecasts lower US growth
2014-07-23 20:39:02| BBC News | Business | UK Edition
The IMF is lowering its forecast for US economic growth to a "disappointing" 1.7%, the second downgrade this year.
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growth
forecasts
imf
The polariton laser: With 250x lower power consumption, could this be the answer to on-chip optical interconnects?
2014-07-23 20:34:19| Extremetech
Engineers at the University of Michigan and Intel have succeeded in creating the first practical, room-temperature polariton laser. The polariton laser is of extreme interest because it requires just 0.004% of the current required by normal lasers, making it a prime candidate for use with on-chip optical interconnects. It is also believed that the polariton laser is the first new practical method of producing coherent laser light since the laser diode debuted more than 50 years ago in 1962.
America Movil profit up in Q2 on lower financial costs
2014-07-22 09:17:00| Telecompaper Headlines
(Telecompaper) America Movil signaled plans to step up investment in networks as its revenue and customer growth started to slow. The company posted second-quarter revenues up 4.0 percent year-on-year to MXN 202.6 billion, while service revenues excluding currency effects increased 5.8 percent. EBITDA rose 2.4 percent to MXN 66.6 billion and increased 4.7 percent at constant exchange rates. Operating profit fell 3.3 percent to MXN 39.2 billion due to higher depreciation and amortisation of investments. Net profit was up 32.7 percent from a year ago to MXN 18.8 billion thanks to a reduction in financing costs. Capital expenditure reached MXN 45.6 billion in the quarter, or over 22 percent of revenues, while net debt was reduced by MXN 30.9 billion to 412.3 bilion. America Movil said it raised MXN 5.7 billion in the quarter in part from selling some of its shares in Dutch operator KPN. The operator finished the quarter with 338.7 million revenue-generating units, up by 3.0 percent from a year earlier. The mobile customer base rose by 524,000 in the three months, led by growth in Brazil and Mexico, to a total 266.9 million customers at the end of June. Fixed-line RGUs were up 1.2 million in the quarter to 71.8 million, including 309,000 new fixed telephony customers, 364,000 new broadband subscribers and 608,000 additional pay-TV clients.
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america
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financial
Lower Cereal Harvest Forecast in Czech Republic
2014-07-17 02:00:00| ThePigSite - Industry News
CZECH REPUBLIC – A smaller cereal harvest is expected in the Czech Republic this year, according to initial estimates by the Czech Statistical Office.
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republic
czech
forecast
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