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BUSINESS BRIEFS.(TO THE POINT)
TELECOM
Q2 mobile phone sales up 35%
Worldwide phone sales passed 156.4 mil units, with strong replacement handset sales in Europe and America and booming sales in Latin America, Gartner said. Nokia's market share fell compared with the year-ago quarter, while Motorola held on to the No. 2 position. Gartner sees total '04 sales reaching 620 mil units; analysts see sales reaching 650 mil units, with excess inventory hurting '05 sales.
Nortel delays restatement again
The telecom equipment maker postponed restating its '03 and Q1-Q2 '04 earnings until Oct., a month later than expected. Nortel, which is cutting 3,500 jobs and firing 7 finance execs in the wake of an accounting scandal, also said it may seek a court order to delay its annual shareholders meeting until next year. It's facing shareholder lawsuits and a Canadian gov't probe. Shares fell 2% to 3.83.
IRS OKs $816 mil Lucent refund
U.S. tax officials approved a refund to Lucent Technologies. That includes $139 mil the IRS previously approved. Final approval depends on an IRS audit of the firm's '01 tax ...
- Pads & notebooks market estimated at 20 mil units.
- Newspaper article from: South American Business Information March 1, 2004 700+ words
...estimate the demand of writing pads and notebooks to be 20 mil units, of which 45% wire bounded and 55% stapled, supplied to...Bico Internacional. Consumption of pens are estimated at 60 mil units per year, of which 3.5mil color markers Copyright (c...
- The Indian Pharmaceutical Market Is Predicted To Continue To Grow, With Sales...
- Press release article from: M2 Presswire October 9, 2007 700+ words
...Pharmaceutical Market Is Predicted To Continue To Grow, With Sales Reaching $9.5 Billion by 2010 According To Report Kick-Starting...2006. This market is predicted to continue its rise, with sales reaching $9.5 billion by 2010. What is the greatest challenge...
- Slow retail sales reaching mills. (textile mills earnings drop)
- Magazine article from: WWD Kentouris, Chris September 15, 1988 700+ words
SLOW RETAIL SALES REACHING MILLS NEW YORK (FNS) -- The year-long recession for retailers and apparel manufacturers trickled down to the textile industry...
- Wexner sees Bendel's sales reaching $200m by mid-1990s. (Leslie Wexner,...
- Magazine article from: WWD MacIntosh, Jeane November 8, 1990 700+ words
WEXNER SEES BENDEL'S SALES REACHING $200M BY MID-1990S BALTIMORE (FNS) - Leslie Wexner, chairman of The Limited, Inc., wants the Henri Bendel division to...
- Chevrolet exec sees car, truck sales reaching 15 million again. (Robert D....
- Press release article from: PR Newswire August 24, 1987 700+ words
CHEVROLET EXEC SEES CAR, TRUCK SALES REACHING 15 MILLION AGAIN CARMEL, Calif., Aug. 24 /PRNewswire/ -- New car and truck sales in the United States in the 1988 model...
- The Frozen Snacks Market in the United States has Sales Reaching $2.72 Billion.
- Press release article from: Business Wire May 21, 2007 700+ words
...reports/c57409) has announced the addition of "Frozen Snacks in the United States 2006" to their offering. With sales reaching $2.72 billion, an increase of 12 in constant prices and 27 in current prices during 2001-06, frozen snacks have demonstrated...
- The Indian Pharmaceutical Market Is Predicted to Continue to Grow, With Sales...
- Press release article from: Business Wire October 9, 2007 700+ words
...pharmaceutical market has undergone strong growth from 2000 to 2006. This market is predicted to continue its rise, with sales reaching $9.5 billion by 2010. What is the greatest challenge facing foreign manufacturers looking to tap into India's growth...
- Market Research Pegs Branding as Key Driver to Pet Industry Sales Reaching $52...
- Press release article from: M2 Presswire November 29, 2006 700+ words
...PRESSWIRE-29 November 2006-MarketResearch.com: Market Research Pegs Branding as Key Driver to Pet Industry Sales Reaching $52 Billion by 2009(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:29112006 New York - Humanization, "functional...