Major League Baseball’s worldwide spread is facing slow going in China and Africa. But America’s favorite pastime is working hard to find friends in both areas, starting with footholds in Taiwan and South Africa. MLB is clearly…
Apple has raised its target for first-quarter shipments of its iPhone by as much as 10%, anonymous component suppliers told DigiTimes. The news signals strong holiday sales for the phone and bodes well for the company’s upcomin…
Manufacturing output jumped in China and India in October, breaking with the rest of Asia.
China’s official Purchasing Managers Index gained to 54.7 in October, from 53.8 a month earlier, The Wall Street Journal said. A reading above 50 signals expansion and a reading under 50 means output contracted.
A Chinese PMI produced by HSBC (HBC) was 54.8, up from 52.9 a month earlier.
“If…
Continue reading China, India Report Manufacturing Growth
China, India Report Manufacturing Growth originally appeared on DailyFinance on Mon, 01 Nov 2010 07:39:00.
Filed Under: Technology, Economy, Market News
Phone manufacturer HTC Corp. (HTCXF) almost doubled quarterly profited as demand for smartphones surged.
Third-quarter profit jumped to NT$11.1 billion ($360 million) from NT$5.7 billion a year earlier, Bloomberg News reported. The Taiwanese company easily beat the NT$9.2 billion forecast by analysts surveyed by Bloomberg.
Sales more than doubled from the third quarter of 2009, as…
Continue reading HTC Profit Almost Doubles on Smartphone Sales
HTC Profit Almost Doubles on Smartphone Sales originally appeared on DailyFinance on Wed, 06 Oct 2010 06:45:00.
Filed Under: Company News, Technology, Earnings, Media, Google , Retail
American International Group (AIG) may sell two Japanese life-insurance units to Prudential Financial Inc. (PRU) for a total of as much as $5 billion, The Wall Street Journal said.
The agreement is currently “a few days away” from being ready, The Wa…