SanDisk tumbles as lower prices for phone cards hurt sales Gulf News | San Francisco: SanDisk shares dropped as much as 11 per cent in late trading on Thursday after the biggest maker of flash-memory cards gave a sales forecast that fell short of estimates, citing lower prices for chips that store data in mobile phones. | SanDisk shares slipped as low as $46.75 ...
Smartphones drive record Samsung profit Canada Dot Com  | SEOUL (Reuters) - Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals. | The South Korean firm, the world's ...
Petronet LNG plans terminal in AP The Hindu Petronet LNG will set up its third terminal at Gangavaram in Andhra Pradesh. The decision to set up a greenfield project was taken at the company's board meeting held here on Friday. | Addressing presspersons, B. C. Chaturvedi, Secretary, Ministry of...
IndiaFirst in tie up with Varun Motors The Hindu IndiaFirst Life Insurance has announced a tie-up with Varun Motors and launched Autolife, an innovative life insurance product offering a cover ranging from Rs.3 lakh to Rs.20 lakh for people buying automobiles, including two- and four-wheelers. | M....
BHEL posts 14 % jump in net profit at Rs.3,660 crore The Hindu Bharat Heavy Electrical limited (BHEL) on Friday reported a 14 per cent jump in net profit at Rs.3,660.20 crore in the nine months ended December 31, 2011. | The power equipment major had a net profit of Rs.3,213.20 crore in the year-ago period. Sale...
Canara Bank reports lower net in third quarter The Hindu Canara Bank has reported a net profit of Rs. 876 crore during the third quarter ended December 31, 2011, a decline of 26 per cent on an annualised basis. Announcing the results on Friday, Chairman and Managing Director S. Raman said but for provision...
Australian Banks raise bonds in an improved market The Australian | AUSTRALIAN banks are expected to issue another several billion dollars more in covered bonds over the next few weeks to take advantage of the improved sentiment in European financial markets. | The big four banks have so far settled $12.5 billion i...
Economic outlook: Housing market 'just not good' Business Journal Ashley Gurbal Kritzer Reporter - Jacksonville Business Journal Email | Twitter | Facebook | When the person delivering the invocation at the First Coast Chapter of Associated Builders and Contractors Inc. monthly luncheon quoted Maya Angelou âEuro" "...
Retail industry gets boost from surge in tourism Gulf News | Dubai: The growth of Dubai's retail industry is reliant on tourists to boost footfall, analysts at Jones Lang Lasalle say. | "Retail needs high footfall to be successful so the higher the levels of footfall when you're talking about tourism causes a growth in retail. You need more tourism to create more jobs, more sales and that's what's hap...
