Archive for November 6th, 2012

marks and spencer

Drop in profits for M&S as UK retail sales growth stalls in October

There was a drop in UK retail sales in October 2012, new figures showed today, suggesting that there will be bumps along the road to economic recovery after nine months in recession. Retailers saw the weakest sales growth for almost […]

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Investments

Helping People through Investment

If you are looking for an ethical way of investing your money, then look no further. Investment funds have sprung up in the recent past that allow investors

Mobile advertising

London-listed media provider Aegis acquires Austria’s IQ mobile

British media and digital services provider Aegis Group plc (LON:AGS) said on Tuesday it had expanded its mobile operations with the purchase of Austrian mobile agency IQ mobile

Delta

US airline Delta anticipates lower October profits due to Hurricane Sandy

US-based Delta Air Lines (NYSE: DAL) said it has reported financial and operating performance for October 2012. During the month of October, Delta said its unit revenues improved 5.5% versus prior year, primarily

Semi conductors

UK’s Imagination Technologies acquires US-based MIPS in $60m deal

British multimedia technologies group Imagination Technologies Group plc (LON:IMG) has inked a USD60m (EUR46m) deal to buy US-based firm MIPS Technologies Inc (NASDAQ:MIPS), a provider of processor architectures

Brooklyn, NYC on October 29

Reinsurers to survive Hurricane Sandy — Fitch

US-based ratings agency Fitch Ratings said it believes that the global reinsurance industry's strong capitalization can absorb material expected losses from Hurricane Sandy, based on preliminary assessments. The firm said it also

Real Estate

Real Estate Investment Trusts around the world show signs of recovery

Real Estate Investment Trusts (REITs) around the world continue to show signs of recovery but still face some severe challenges, especially in raising fresh capital, according to U.S.-based assurance, tax,

Westell Technologies 2Q 2013 net loss at $2.2m

Westell Technologies, Inc. (NASDAQ: WSTL) said consolidated revenue from continuing operations for the fiscal 2013 second quarter was $9.9 million, while a net loss for the second quarter

TeleCommunication Systems one of 20 selected for $10 billion advanced communication systems and services contract

TeleCommunication Systems, Inc. (NASDAQ: TSYS) said it has been selected as one of 20 awardees under the Global Tactical Advanced Communication Systems and Services (GTACS) contract. The multiple-awardee,

ODR TSG chooses Orckit-Corrigent new packet transport Network

Orckit-Corrigent Ltd. (OTCBB: ORCT) said that ODR Technologie Services GmbH (ODR TSG), a subsidiary of EnBW Ostwürttemberg Donau Ries AG (EnBW ODR), has deployed Orckit-Corrigent's MPLS and MPLS-TP

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