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World Business Briefing: The Netherlands: Chip Supplier Soars

Wed, 17 Jan 2007 23:34:14 EDT | New York Times

ASML Holding, maker of the most expensive machines in chip fabrication, said fourth-quarter profit quadrupled on demand for semiconductors used in iPod music devices and mobile phones. Net income jumped to a record 205.5 million euros ($265.7 million), or 0.42 euro a share, from 51.6 million euros, or 0.11 euro a share, a year earlier, ASML said. Sales surged 95 percent, to a record 1.07 billion euros. The company said orders would be ?healthy? in the first quarter and revenue would gain this year. Demand for Apple iPods and Motorola phones has spurred shipments of ASML?s $18 million machines to clients like Samsung Electronics, Intel and Texas Instruments. ASML is based in Veldhoven, the Netherlands.


World Business Briefing: Sweden: Sony Ericsson?s Ambitions

Wed, 17 Jan 2007 23:33:46 EDT | New York Times

Sony Ericsson, the Japanese-Swedish cellphone manufacturing venture, posted record fourth-quarter earnings on strong demand for music and camera phones and said it aimed to pass Samsung to become No. 3 in sales, behind Nokia and Motorola. Sony Ericsson?s pretax quarterly profit rose to a record 502 million euros ($649 million), and full-year 2006 pretax profit was 1.3 billion euros, more than double the 512 million of 2005. In the quarter, Sony Ericsson increased market share by a percentage point, to 9 percent, on sales of its Cyber-shot camera phone and its Walkman phones, based on Sony?s brand of music players.


Cole Taylor sues over loan

Mon, 15 Jan 2007 16:13:00 EST | Crains Chicago Business

(Crain's) -- Cole Taylor Bank has sued owners of a defunct transportation company, saying they defaulted twice on a $2.5-million loan. Rosemont-based Cole Taylor lent $2.75 million in October 2005 to Steve and Jerry Isaacson, co-owners of Cold Transport LLC in Buffalo Grove, according to the ...


?31.8 million to be spent on credit and debit cards

Fri, 22 Dec 06 16:21:07 GMT | londonstockexchange

During the busy shopping period leading up to Christmas, UK consumers are expected to spend ?31.8 million on debit and credit cards during December, according to an expert.


January burglaries to cost ?170 million

Mon, 22 Jan 07 10:01:31 GMT | londonstockexchange

January is expected to see a rise in the number of burglaries, costing the UK's households ?170 million, a new report reveals.


United Airlines Shares Fall on $61 Million in Losses

Tue, 23 Jan 2007 23:07:31 EDT | New York Times

CHICAGO, Jan. 23 (AP) ? The parent of United Airlines said Tuesday it lost $61 million in the fourth quarter, missing Wall Street expectations after it was hit by a series of winter storms that grounded thousands of flights.


Profit at Xerox Declines

Tue, 23 Jan 2007 23:22:30 EDT | New York Times

The Xerox Corporation said yesterday that its fourth-quarter profit dropped 24 percent, pulled down by a higher revamping charge, but it still beat analysts? expectations. Net income fell to $214 million, or 22 cents a share, from $282 million, or 27 cents a share, in the same period in 2005.


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