Shares of Nokia fall 13% after quarterly sales of its Lumia smartphones failed to offset a decline in its mobile phone unit.
View original post here: Nokia shares fall after sales drop
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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
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Category : Business
Shares of Nokia fall 13% after quarterly sales of its Lumia smartphones failed to offset a decline in its mobile phone unit.
View original post here: Nokia shares fall after sales drop
Category : World News
WH Smith says its strategy of boosting profit margins to offset falling sales continues to bring results, with railways and airport outlets performing well.
Read the original here: WH Smith continues to boost profits
Category : Business, World News
Nike’s quarterly profits beat analysts’ forecasts as a recovery in US sales and lower material costs help offset continued weakness in China.
Read more from the original source: Nike shares jump on strong earnings
Microsoft is banking on strong sales of Windows 8 to offset a slump in PC sales, which have been hurt by Apple’s iPad.
Go here to see the original: Investors hoping Microsoft lives up to the hype
Category : World News
The UK inflation rate was unchanged at 2.7% in November, figures show, as rises in food and energy costs were offset by cheaper petrol.
Go here to see the original: UK inflation unchanged at 2.7%
U.S. stocks dropped Tuesday as fiscal cliff worries offset positive economic reports and a Greek debt deal.
See original here: Stocks close lower on fiscal cliff concerns
Category : Stocks
Shares of Detroit’s top two automakers surge as strong profits in the U.S. offset mounting losses in Europe.
Follow this link: Ford and GM rev up after earnings
Category : Stocks
Prolonged city shutdowns will likely offset any hoped-for post-storm reconstruction boom.
View post: Sandy Stimulus? Don’t bet on it.
Category : Business
While investors cheered UPS’s third-quarter earnings, sending the stock up more than 2% Tuesday, it wasn’t enough to offset the other dismal earnings reports coming out.
See more here: What can UPS do for stocks?
Category : Business, World News
SK Hynix, the world’s second-largest memory chipmaker, reports a quarterly profit, as cost cuts offset slowing demand for personal computers.
Excerpt from: Chipmaker SK Hynix reports profit