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Motorola's profits up 86%
NEW YORK: Mobile phone maker Motorola Inc. posted an 86 per cent increase in its fourth quarter net earnings at $1.2 billion, aided by demand for its popular brands, including the latest Razr. Sales rose 18 per cent to $10.43 billion, just falling short of market expectations, and this led to a fall in its shares immediately after only for a recovery in later trading.
Posted on : Sat, 21 Jan 2006 08:30 GMT

BCC says economy continues to be weak, recovery unlikely in 2006
The British Chamber of Commerce says the country's economy continues to be weak and its growth is slated to remain slow, though the fourth quarter of 2005 showed some indications of improvement.
Posted on : Fri, 20 Jan 2006 14:35 GMT

AstraZeneca loses patent for Toprol XL, vows to appeal court decision
Drugmaker AstraZeneca Plc. lost a key patent case in the United States over its top-selling heart drug Toprol XL, which paves way for generic competitors to take over its manufacture on a large scale.
Posted on : Thu, 19 Jan 2006 14:35 GMT

AMD gets back to profit mode, snatches market share from Intel
No 2 chipmaker Advanced Micro Devices Inc. posted strong fourth quarter profits Wednesday even as it acquired more market share and forecast an exceptional first quarter.
Posted on : Thu, 19 Jan 2006 08:30 GMT

Pearson reports strong growth in 2005 sales
Publishing company Pearson Plc. reported strong growth in its underlying sales for 2005, aided by substantial sales in its textbooks unit and growth in advertising at its Financial Times newspaper.
Posted on : Wed, 18 Jan 2006 08:35 GMT

Aga Foodservice hopes 2005 results to toe market forecasts
Kitchen equipment maker Aga Foodservice Group Plc. expects its 2005 results to be in accordance with market forecasts as it had a strong second-half performance, helped by increased sales of electric ranges of its ovens.
Posted on : Mon, 16 Jan 2006 20:35 GMT

Eurostar focus on business travellers yielding results
Channel tunnel operator Eurostar has its sales up 7 per cent in 2005 to 464 million pounds. The company revealed it carried 7.45 million passengers, which is a 2.5 per cent increase over the previous year, while the number of business customers went up 14 per cent.
Posted on : Mon, 16 Jan 2006 12:35 GMT

Tesco all set to report bumper Christmas sales
LONDON - The UK's biggest retailer, Tesco PLC is expected to report strong Christmas sales in the coming week. Its figures are supposed to be well ahead of its supermarket rivals including Sainsbury's, which reported strong sales in Christmas period last week.
Posted on : Sun, 15 Jan 2006 14:40 GMT

Microsoft to launch online advertisement programme in June
Microsoft Corp. is all set to launch its own system for selling advertisements alongside search results rivalling Google Inc. and Yahoo! Inc. The service is to be introduced by June in the United States.
Posted on : Sun, 15 Jan 2006 08:10 GMT

Tyco to separate electronics and healthcare segments
TRENTON, N.J. - Tyco International Ltd. announced on Friday that it would be splitting into three public companies. The electronics and healthcare segments would be separated from its other businesses, the company said.
Posted on : Sun, 15 Jan 2006 02:15 GMT

 

 

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