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Tag: widen
Beef quality price spreads widen
2019-10-17 15:39:00| Beef
Fewer Prime and Choice cattle contributing to wide price spreads and high values for high-quality beef.
Tags: price
quality
beef
spreads
LG profits fall in Q2 as smartphone losses widen
2019-07-30 11:27:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported a sharp fall in profits in the second quarter, due to widening losses at its smartphone and automotive businesses. While revenues were up 4.1 percent to KRW 15.63 trillion, operating profit dropped 15.4 percent from a year earlier to KRW 652 billion, and net profit more than halved to KRW 106 billion.
Tags: fall
losses
profits
smartphone
Mothercare sales plunge as losses widen
2019-05-24 09:58:50| BBC News | Business | UK Edition
The baby goods retailer says it is on a "sounder footing", even though UK sales fell nearly 9%.
Tags: sales
losses
widen
plunge
FIH Mobile FY revenues grow 23.6%, but losses widen as Nokia business weighs
2019-03-06 13:52:00| Telecompaper Headlines
(Telecompaper) FIH Mobile saw its revenues for 2018 grow 23.6 percent to USD 14.9 billion, while the net loss widened to USD 857 million from USD 525 million in 2017. The phone manufacturer said it benefited from growing sales of Nokia-brand phones under its deal with HMD Global, but margins remained poor on the Nokia devices and it was forced to write off goodwill from the investment. Losses are expected to continue in 2019, but the operating loss in H1 should be smaller than a year earlier due to cost-cutting efforts.
Tags: business
mobile
grow
nokia
Gap between rich and poor starts to widen
2019-02-26 13:11:11| BBC News | Business | UK Edition
Income inequality widened last year, reversing the recent trend, as benefits were squeezed but wages rose.
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