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Huawei reports 30% jump in revenue

2015-07-20 09:19:48| BBC News | Business | UK Edition

Chinese telecoms giant Huawei Technologies reports a 30% increase in revenue for the first six months of the year, helped by "solid" smartphone sales.

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Huawei reports H1 revenues up 30%

2015-07-20 08:42:00| Telecompaper Headlines

(Telecompaper) Huawei Technologies reported first-half revenues up 30 percent year-on-year to CNY 175.9 billion. The company's operating margin reached 18 percent for the period, supported by "stable and healthy growth in all of its three business segments," according to CFO Meng Wanzhou. Huawei said growth started to pick-up at its enterprise division in the first half, and its consumer business benefited from its growing range of mid-range and high-end smartphones, especially the Mate7 and P8. In its main network equipment business, the company benefited from the continued expansion of 4G networks in its home market China, the migration to SDN and NFV as well as network capacity deals in other countries to support the demand for mobile data. The company did not provide further details on the half-year results. 

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Alaska Air pilot reports laser strike on approach to Seattle

2015-07-18 04:37:57| Airlines - Topix.net

An Alaska Air pilot reported someone was shining a laser at them from the ground as the plane approached Sea-Tac Airport Thursday night. The 737-400 was inbound from Juneau and the laser strike happened just before 11 p.m., according to an Alaska Air spokesperson.

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Amgen reports positive preliminary results on leukemia drug

2015-07-17 19:38:55| Biotech - Topix.net

Amgen Inc on Thursday said some patients with a deadly form of leukemia experienced complete remission after being treated with its Blincyto drug in a midstage clinical trial, results that could eventually lead to an expanded approval of the pricy cancer medicine. While providing few details, the world's largest biotechnology company said the drug, which helps the immune system to fight cancer, induced complete remission or complete remission with partial hematological recovery in a "clinically meaningful number of patients" with relapsed or refractory Philadelphia chromosome-positive B-cell precursor acute lymphoblastic leukemia .

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What to Expect When Hasbro (HAS) Reports Earnings Results Monday

2015-07-17 17:23:51| Toys - Topix.net

Analysts expect that the company will report a year-over-year decline in earnings per share and revenue for the quarter ended June 2015. For the most recent quarter the producer of the My Little Pony and Transformers toys has been forecast to report earnings of 29 cents per share on revenue of $773.07 million.

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