Siemens Posts Sharp Drop In Net

WSJ.com: What's News US, Wall Street Journal
Mon, 01/26/2009 - 11:50pm

Siemens posted an 81% drop in first-quarter net profit compared with a year earlier when results were boosted by a multibillion euro gain from an asset sale.

Sections: business

Topics: earnings & sales reports economic crisis economy siemens

US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More

Comment On This Story

More Movie News

More Business News

An ex-OpenAI exec and futurist talks about AI in 2025 and beyond
Fast Company, Thursday - 12/26/2024 - 05:00 PM
AI could bring some real benefits next year, but also some unforeseen side effects. Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here.
More | Talk | Read It Later | Share
Why December could be your final shot at a $7,500 EV tax credit
Fast Company, Thursday - 12/26/2024 - 04:46 PM
With the new administration poised to pull the plug on federal tax credits, industry experts say now is the best time to lock in savings. The electric vehicle (EV) market is bracing for seismic shifts following the election of Donald Trump, whose policy proposals could have far-reaching implications for automakers and consumers alike.
More | Talk | Read It Later | Share
Cyberattack hits Japan Airlines, delaying flights for holiday travelers
Fast Company, Thursday - 12/26/2024 - 04:15 PM
The cyberattack did not involve a virus or cause any customer data leaks, Japan Airlines said. Japan Airlines said it was hit by a cyberattack Thursday, causing delays to more than 20 domestic flights but the carrier said it was able to stop the onslaught and restore its systems hours later.
More | Talk | Read It Later | Share
U.S. holiday sales up 3.8% as shoppers hunt for value
Fast Company, Thursday - 12/26/2024 - 04:04 PM
According to Mastercard, curbside pickup and delivery fueled online sales, while in-store shopping rose 2.9%. The 2024 holiday season proved fruitful for U. S. retailers, with total retail sales (excluding automotive) increasing 3.8% year-over-year, according to Mastercard SpendingPulse.
More | Talk | Read It Later | Share
I'm a butler at one of Singapore's most expensive hotels, where a night's stay can cost $26,000. Here's what it's like.
Business Insider, Thursday - 12/26/2024 - 08:19 AM
Courtesy of Marina Bay SandsTan Hong Kai, 24, from Singapore, is a senior butler at Marina Bay Sands in Singapore. Kai looks after guests in the hotel's most luxurious suites, some of which are invite-only. He said he enjoys interacting with famous guests, but last-minute requests can be stressful. This as-told-to essay is based on a conversation with Tan Hong Kai, senior butler for Marina Bay Sands Hotel.
More | Talk | Read It Later | Share
7 things to get rid of in your home before the new year, according to professional organizers
Business Insider, Thursday - 12/26/2024 - 08:14 AM
The end of the year is the perfect time to declutter your home.imaginima/Getty ImagesBusiness Insider spoke to two professional organizers about what to get rid of before the new year. The end of the year is a good time to go through your holiday decor and outdated clothing. Expired food and beauty products shouldn't make their way into the new year.
More | Talk | Read It Later | Share

Siemens Posts Sharp Drop In Net

Comment On This Story

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News