21 October, 2014 by The TZ Newswire Staff Comments Off on Faulty airbags warning expanded to 6.1. million U.S. cars: NHTSA
Faulty airbags warning expanded to 6.1. million U.S. cars: NHTSA
The U.S. highway safety regulator, NHTSA, expanded its warning on Tuesday about faulty airbags made by Japanese auto-part maker Takata to 6.1 million vehicles in the United States. “The National Highway …
21 October, 2014 by The TZ Newswire Staff Comments Off on Yahoo ekes out third quarter revenue gain despite display ad weakness
Yahoo ekes out third quarter revenue gain despite display ad weakness
Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle. Shares of Yahoo rose 1.1 percent to $40.61 in extended trading on Tuesday. “This is a continuation of what we’ve seen for most of the last two years,” said Pivotal Research Group analyst Brian Wieser, citing the ongoing weakness in the display advertising business. Yahoo’s revenue, excluding fees shared with partner websites, was $1.094 billion in the three months ended Sept.
21 October, 2014 by The TZ Newswire Staff Comments Off on Yahoo ekes out third quarter revenue gain despite display ad weakness
Yahoo ekes out third quarter revenue gain despite display ad weakness
Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle. Shares of Yahoo rose 1.1 percent to $40.61 in extended trading on Tuesday. “This is a continuation of what we’ve seen for most of the last two years,” said Pivotal Research Group analyst Brian Wieser, citing the ongoing weakness in the display advertising business. Yahoo’s revenue, excluding fees shared with partner websites, was $1.094 billion in the three months ended Sept.
21 October, 2014 by The TZ Newswire Staff Comments Off on Broadcom third-quarter results beat views, stock jumps
Broadcom third-quarter results beat views, stock jumps
Broadcom (BRCM.O) posted third-quarter results on Tuesday that exceeded Wall Street’s expectations as the chipmaker focused on networking and smartphone chips, sending its shares 5 percent higher. Broadcom, whose wifi connectivity chips are used in Apple’s iPhones, reported third-quarter revenue of $2.26 billion, up 5.3 percent from the year-ago period. Analysts on average had expected third-quarter revenue of $2.17 billion, according to Thomson Reuters I/B/E/S. Broadcom may have received a boost from brisk sales of Apple’s newest smartphones, Bernstein analyst Stacy Rasgon said.
21 October, 2014 by The TZ Newswire Staff Comments Off on Broadcom third-quarter results beat views, stock jumps
Broadcom third-quarter results beat views, stock jumps
Broadcom (BRCM.O) posted third-quarter results on Tuesday that exceeded Wall Street’s expectations as the chipmaker focused on networking and smartphone chips, sending its shares 5 percent higher. Broadcom, whose wifi connectivity chips are used in Apple’s iPhones, reported third-quarter revenue of $2.26 billion, up 5.3 percent from the year-ago period. Analysts on average had expected third-quarter revenue of $2.17 billion, according to Thomson Reuters I/B/E/S. Broadcom may have received a boost from brisk sales of Apple’s newest smartphones, Bernstein analyst Stacy Rasgon said.
21 October, 2014 by The TZ Newswire Staff Comments Off on Wet European summer leaves Heineken beer sales short
Wet European summer leaves Heineken beer sales short
Heineken (HEIN.AS), the world’s third largest brewer, reported lower than expected beer sales in the third quarter as Europeans drank less during a wet summer, but retained its full-year outlook. The Dutch brewer, which makes Europe’s best-selling Heineken lager as well as Sol, Tiger and Strongbow cider, said beer sales were barely changed in the July-Sept period with declines in both eastern and western Europe, but increases elsewhere. Heineken nevertheless repeated it expects full-year margin expansion by more than its annual target of 40 basis points.
21 October, 2014 by The TZ Newswire Staff Comments Off on Heineken reports surprise decline in beer sales on damp Europe
Heineken reports surprise decline in beer sales on damp Europe
Heineken , the world’s third largest brewer, reported lower than expected beer sales in the third quarter as wet weather reduced drinking in Europe, but retained its full-year outlook. The Dutch brewer, …