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HP quarterly revenues down 3%, maintains outlook
2013-11-27 08:59:00| Telecompaper Headlines
(Telecompaper) HP reported revenues for its fiscal fourth quarter to October of USD 29.1 billion, down 3 percent from a year earlier. Negative currency effects accounted for 2 percent of the decline. The group's earnings totaled USD 0.73 per share, reversing a loss of USD 3.49 a year ago. On an adjusted basis excluding restructuring charges, EPS fell 13 percent year-on-year to USD 1.01. Cash flow from operations declined 31 percent to USD 2.8 billion, and the company ended the period with USD 12.5 billion in cash. Over the full year, HP met its outlook with adjusted EPS of USD 3.56 versus an outlook of USD 3.53-3.57, while revenues fell 7 percent to USD 112.3 billion. Hp CEO Meg Whitman said the company ended the fiscal year "on a high note", showing its recovery was well underway. The company maintained its outlook for adjusted EPS of USD 3.55-3.75 in fiscal 2014. For the first quarter, HP expects a result of 82-86 cents.
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Movado Group (MOV) Posts Quarterly Results
2013-11-27 06:58:36| Jewelry - Topix.net
Movado Group posted its quarterly earnings results on Tuesday. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.02, ARN reports.
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McCormick & Co. Inc. Plans Quarterly Dividend of $0.37
2013-11-27 02:12:41| Food - Topix.net
McCormick & Co. announced a quarterly dividend on Tuesday, November 26th, AmericanBankingNews.com reports.
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Merck Announces Increased Quarterly Dividend
2013-11-26 20:18:00| Merck.com - Corporate News
Dateline City: WHITEHOUSE STATION, N.J. WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced that the Board of Directors has increased the companys quarterly dividend to $0.44 per outstanding share of the companys common stock, up $0.01 from $0.43 per outstanding share paid last quarter. Payment will be made on January 8, 2014, to stockholders of record at the close of business on December 16, 2013. Language: English Contact: MerckMedia:Kelley Dougherty, 908-423-4291orInvestor:Carol Ferguson, 908-423-4465 Ticker Slug: Ticker: MRK Exchange: NYSE read more
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Tiffany raises profit outlook; Asia fuels quarterly sales
2013-11-26 18:31:24| IT Services - Topix.net
Tiffany & Co on Tuesday reported a higher quarterly profit, helped by stronger-than-expected sales in Asia, and the U.S. jeweler raised its full-year forecast.
Tags: sales
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