October 2011
8 posts
7 tags
Albanian miner dies in chrome mine blast
“After some time, when these experts were at a distance of 40 to 50 metres from the site of works, there was an explosion,” ACR said.”As a consequence, ventilation expert Naim Shyti lost his life and seven other miners were wounded,” it added.Shyti and another miner were trapped in the rubble. The other man was taken out alive by rescue teams.The explosion comes after DCM...
Oct 18th
63 notes
8 tags
UPDATE 1-Polaris Q3 results beat; raises 2011...
The company, which also makes snowmobiles and motorcycles, expects 2011 profit of $3.10-$3.16 a share on sales growth of 30-32 percent.Polaris’ third-quarter net income rose to $67.6 million, or 95 cents a share, from $47.2 million, or 69 cents a share, a year ago.Sales jumped 26 percent to $729.9 million. Sales of off-road vehicles rose 25 percent to $486.2.Analysts had expected earnings...
Oct 18th
17 notes
6 tags
Apple earnings to showcase iPhone strength
* Investors to focus on holiday quarterBy Poornima GuptaSAN FRANCISCO, Oct 18 (Reuters) - Apple Inc once more faces lofty expectations after smashing iPhone sales records, but Wall Street remains confident the world’s largest technology company will deliver another bumper quarter.Investors worried about crumbling consumer spending, a darkening economic outlook and the rapid expansion of...
Oct 18th
17 notes
9 tags
UPDATE 2-India's TCS flags economic uncertainty;...
* Added 12,580 staff in Q2, highest quarterly addition in 2 yrs* Says does not expect increase in prices due to negative environment* Shares end down 1.2 pct ahead of results announcementBy Prashant Mehra and Sumeet ChatterjeeMUMBAI, Oct 17 (Reuters) - India’s top software exporter Tata Consultancy Services said it does not expect to increase its prices in the near term due to global...
Oct 17th
32 notes
7 tags
Mobile telephony startup targets jump in sales
* Sees revenue run-rate reaching $100 mln next yearBy Tarmo Virki, European Technology CorrespondentOct 13 (Reuters) - Swedish startup Rebtel, the second largest mobile Internet telephony firm after Skype, expects sales to surge next year based on strong initial demand for its new application combining Internet calls and traditional calling.Venture-backed Rebtel has built a clientele of 13...
Oct 13th
31 notes
7 tags
Mobile telephony startup targets jump in sales
* Sees revenue run-rate reaching $100 mln next yearBy Tarmo Virki, European Technology CorrespondentOct 13 (Reuters) - Swedish startup Rebtel, the second largest mobile Internet telephony firm after Skype, expects sales to surge next year based on strong initial demand for its new application combining Internet calls and traditional calling.Venture-backed Rebtel has built a clientele of 13...
Oct 13th
16 notes
9 tags
UPDATE 4-Carrefour warns on profit as Europeans...
* French lfl hypermarket sales down 4.6 pct vs Rtrs poll 4 pct* Says faced with increasingly uncertain economic climate* Shares down 5 pct vs flat European retail sector (Adds CFO comments, analysts, updates shares)By Dominique VidalonPARIS, Oct 13 (Reuters) - Carrefour , Europe’s biggest retailer, issued its fourth profit warning in as many months on Thursday, adding to signs...
Oct 13th
6 notes
5 tags
Eyes from behind the mirror
By Damir Sagolj The opinions expressed are his own Eyes from behind the mirror: a rare glimpse into the forbidden as crisis grips North Korea I walked through the mirror to see what I’ve seen before – hunger and poverty, sad eyes of those in need and politics that promise no changes for the better any time soon. I crossed into North Korea for the first time in my life to witness what should have...
Oct 11th
50 notes