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Eye on the market.
European technology, media and telecom stocks were mostly lower last week, with the technology sector underperforming after telecom equipment manufacturer Nokia's second quarter update disappointed. The company posted second quarter earnings per share (EPS) of 0.18 euros, in-line with guidance, with net sales of 8.059 billion euros against 6.463 billion euros a year ago. However, the operating margin at the mobile phones unit fell to 16.2% from 19.8% in the same quarter last year and diluted third quarter group EPS is expected to be in the of 0.14-0.17 euros range, compared to 0.18 euros in the second quarter. Nokia also forecast third-quarter group net sales in the 7.9-8.2 billion euros range, compared with 7.1 billion euros in the third quarter of 2004. Elsewhere, Ericsson exceeded market forecasts with second quarter net income rising by 16% year-on-year to 5.8 billion Swedish kronor, with sales rising by 18% to 38.4 billion kronor. Operating margins ...
- Bayer sees growth for 2003 operating results; Baycol lawsuits increase.
- Newspaper article from: Pharma Marketletter March 24, 2003 700+ words
...down 21% to 739 million euros. Even worse was the...23% to 3.7 billion euros. This was largely due...had a 2.5 billion-euro sales potential - the...decline to 800 million euros; and a 28% decline...the 100-150 million euros range with, as for sector...
- Gemplus Anticipates Lower Sales and Net Earnings in Q3 and Full Year 2001.
- Press release article from: Business Wire September 26, 2001 700+ words
...the 225-235 million Euros range, with operating profit...at a 30-37 million Euros loss. Adjusted for the...revenues of 259 million euros and an operating loss between 11 and 17 million euros. The company said that...as much as 8 million euro unfavorable impact to...
- Trade tops Schroeder trip to China.
- News wire article from: United Press International December 4, 2003 700+ words
...imports valued at 11.7 billion euros, an increase 21.1 percent from...Germany has surpassed the 7 billion euros level and is expected to double within...sale, estimated to be in 50 million euros range. The closest Schroeder came to criticism...
- bioMerieux' pricing in the top range.(Brief Article)
- Newspaper article from: Pharma Marketletter July 12, 2004 700+ words
France's bioMerieux has priced its initial public offering near the top of its 26.9 euros-31.25 euros range, at 30 euros a share (Marketletter June 28), reports the Financial Times. The offer was more than five times subscribed...
- Galapagos sees 3-fold 2006 sales increase.(Brief article)
- Newspaper article from: Pharma Marketletter January 22, 2007 700+ words
...full year 2006 will be in the 33.0 -35.0 million euros range ($42.7-45.3 million), which represents a three...it ended the year with a cash balance of 51.5 million euros. The firm's alliance with UK drug major GlaxoSmithKline...
- Siemens' Electronic Assembly group to split from parent.(Industry NEWS)(Company...
- Magazine article from: Circuits Assembly Buetow, Mike May 1, 2008 700+ words
...of September. The unit employs about 2,100 workers and has reported sales in the "medium three-digit million euros" range. The unit is a leading provider of placement assembly machines. About half its employees are based in Munich. Siemens...
- Munich Re said it is acquiring MSP Underwriting.(Europe)(Munich Reinsurance...
- Magazine article from: Best's Review December 1, 2007 700+ words
...state the exact price of the deal, but was able to confirm in a statement that it was in the "double-digit million euros range." MSP also owns Lloyd's service company Evergreen Underwriting Services Ltd.
- Eating Out; In the wilds of Co Donegal Maurice Fitzmaurice finds a visit to The...
- Newspaper article from: The Mirror (London, England) September 5, 2009 700+ words
...with two lanes, a windsock and lights before arriving at the Fanad side and a road reminiscent of the Republic before euros, Range Rovers and property developers. It's unfinished business, a bottleneck where the tarmac runs out. For 30 seconds...
