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USDA lowers ag exports for FY 2016

2016-06-06 15:10:00| National Hog Farmer

By P. Scott Shearer, Bockorny Group, Washington, D.C. Agricultural exports are estimated to reach $124.5 billion for Fiscal Year 16 according to the USDAs latest Outlook for U.S. Agricultural Trade. read more

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Eutelsat lowers guidance after weak sales in LatAm

2016-05-13 11:33:00| Telecompaper Headlines

(Telecompaper) Satellite operator Eutelsat said revenues for its third quarter to end March reached EUR 383 million, up 4.2 percent from the year before, or 1.1 percent on a like-for-like basis. The operator said revenue growth came in below expectations, forcing it to lower its guidance and rethink its company-wide growth strategy. Revenues in Q3 reflected a worse than expected environment in several emerging markets, in particular in Latin America, where much of the company's new capacity is targeted, and the spread of tough competitive conditions in Data Services to all markets.

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Next lowers FY guidance on weak Q1 clothing sales

2016-05-04 11:24:00| Daily apparel & textile news and comment - from just-style.com

UK fashion and home retailer Next has lowered its full-year sales guidance as cold weather in March and April reduced demand for clothing in its first-quarter.

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Intel to cut 12,000 jobs, lowers FY sales outlook

2016-04-20 09:19:00| Telecompaper Headlines

(Telecompaper) Intel has announced a major restructuring initiative with the reduction of 11 percent of its workforce. It also said it was moving its CFO to a new role and posted first-quarter revenues up 7 percent from the year before. Intel said the restructuring will accelerate its transformation from a PC company into one that powers the cloud and billions of smart, connected computing devices. To achieve this, the company will cut 12,000 positions worldwide by mid-2017.

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BMO Capital Markets Lowers Eli Lilly and Co (LLY) Price Target to $90.00

2016-04-18 04:34:44| Agriculture - Topix.net

The firm presently has an "outperform" rating on the stock. BMO Capital Markets' target price indicates a potential upside of 19.16% from the company's previous close.

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