Mobile networks operator Nokia continued to be hit by a downturn in the industry, reporting a loss in the third quarter and a 12-percent drop in sales that saw the company's share price plunge more than 7 percent.
Business
Oct 27, 2016
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6
(AP) -- Yahoo Inc. is reducing its work force 4 percent as it hands out 600 layoff notices for the holidays.
Business
Dec 14, 2010
0
0
(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...
Business
Apr 25, 2012
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0
Taiwan Semiconductor Manufacturing Co, the world's leading contract microchip maker, on Wednesday raised its first-quarter guidance buoyed by robust demand for sophisticated chips used in smartphones and tablets.
Electronics & Semiconductors
Mar 12, 2014
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0
LG Electronics Inc. said Wednesday its quarterly profit plunged 59 percent as losses from TVs offset a modest improvement in its smartphone business.
Business
Apr 29, 2015
0
33
(AP) -- Alcatel-Lucent SA said Friday its net loss narrowed sharply in the first quarter compared with a year earlier, when a components shortage caused the telecommunications gear maker's losses to balloon.
Business
May 6, 2011
0
0
Lufthansa, Europe's largest airline group, said Thursday that capacity bumping up against limits at overcrowded airports would hem in growth this year as it reported that its bottom line fell in 2018.
Other
Mar 14, 2019
0
4
Shares in German airline giant Lufthansa plunged more than 12 percent on Monday after the group posted a profit warning.
Business
Jun 17, 2019
0
7
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
Telecom
Feb 7, 2013
0
0
(AP) -- Yahoo Inc. Chief Executive Carol Bartz promised Tuesday to turn around the struggling Internet company after this year's "terrible" performance.
Business
Nov 10, 2009
0
0
