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3XSQ: The global slowdown

Tuesday, October 23, 2012 - 03:37

Oct 23 - U.S. industrials are suffering from reduced demand overseas and a stronger dollar.

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-- -- -- -- Weak sales and -- lining from this great baker later this show. Websites -- inside -- this Tuesday from Reuters world headquarters yeah. New York. Did not suffering from weak demand and global economic uncertainty that Dow components slashing its guidance after missing profit forecasts it also announced 15100 job cuts. -- -- in part forcing apple on its three avenue United Technologies to cut their outlooks for the year. United tech also citing the lack of clarity on the economy. Checking those shares would take a look at how they are doing an early treat you conceal losses across the board. You -- dealing with slowing global trade but able to handle it better the package delivery firm reported an adjusted profit. That matched expectations had projected earnings growth this year -- though was a bit light. Shares closed at 7156. Monday you consider trading above that at the moment. Our power player of the day getting a boost from Wall Street -- there Yahoo!'s new CEO. Several brokerages raising their price targets on the stock today after it reported better than expected results. Eric it's to make Ottmar Smartphone friendly and -- spruce up the company's website. Shares closed at 1577. Monday and are trading higher. And major focus in tech -- today Apple's announcement at 1 PM where it is expected to unveil an iPad midi. Introduction part of the growing moved to mobile devices like Smartphones and tablets from PCs. Now what they company benefiting from that -- hails from the UK. Our Nigel Stephenson is there with and not on arm holdings that's -- good to see that I guess another good quarter. You could say that it was a very strong quote arm holdings is one of the main chip supplies apple on its stock is the best performer on the puts you 100 today after reporting. Third quarter revenue up 18% of -- 144 million pounds. An -- these people -- also supply Microsoft and Samsung. The Cambridge based company shipped 2.2 billion chips in the third quarter and its -- and -- half the night Abbas face with products that. Super Smartphones tablets and cloud based networks what it and now. Now not surprisingly the company's -- costing an equally strong fourth quarter due to a record order backlog. And quote a robust opportunity pipeline according arms official statement that. On the royalty revenues also outpace the industry with continued market share gains in key end markets including digital TVs on them micro controllers. -- All right I don't think so much for that. From pocket sized mobile devices it's a lot size winds up French engineers designed a robot. That basically true isn't picks grapes and vineyards this robot is called -- heat. It's got four wheels to arms six -- cameras -- the GPS. Got the idea what why growers complain they were always short staffed. While he of course doesn't complain. No word yet on whether he'd prefer is a fine Bordeaux hours move club wrong personally. -- about. That is the latest three times greatest Tuesday -- follow us on Twitter Reuters Insider check out our writers -- -- TV at all. -- -- dot com slash Reuters TV I've got to -- this is writers.

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3XSQ: The global slowdown

Tuesday, October 23, 2012 - 03:37