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ManTech revenue down, lowers forecast
2015-07-30 00:43:01| IT Services - Topix.net
ManTech had second quarter revenue of $384.4 million, compared to $463.4 million in the same quarter a year ago, though results were sequentially better compared to the previous quarter. Net income was $12.5 million, or 33 cents per share, compared to $7.7 million, or 21 cents per share in the second quarter of 2014.
Tags: revenue
forecast
lowers
mantech
Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines
2015-07-21 18:12:10| Railroads - Topix.net
Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments. Revenue growth is expected to be 2% to 3% in 2015, down from a January forecast of 7% to 8% growth, Canadian Pacific announced in a statement.
Tags: pacific
canadian
outlook
cargo
Wolverine Worldwide lowers FY outlook amid Q2 profit fall
2015-07-21 14:57:00| Daily apparel & textile news and comment - from just-style.com
US clothing and footwear business Wolverine Worldwide has lowered its full-year revenue guidance and plans to wind down its Cushe brand after booking an 8.7% decline in first-quarter profit.
Tags: fall
worldwide
profit
outlook
Telekom Austria lowers FY outlook after flat H1
2015-07-16 20:39:00| Telecompaper Headlines
(Telecompaper) Telekom Austria Group lowered its outlook for full-year revenues to flat versus 2014, due to weak economic conditions in its eastern European markets and negative currency effects, especially in Belarus. The company previously expected an around 2 percent increase in annual revenues, but over the first six months of 2015, revenues were flat year-on-year at EUR 1.94 billion. The company said its efforts at cost reductions to offset the weaker revenues had been successful so far, helping EBITDA in the first half rise 7.4 percent to EUR 665 million. Net profit improved to EUR 171 million from a loss of EUR 264 million a year ago when it took an impairment charge for Belarus. Operating cash flow was up 43 percent to EUR 535 million, as capital expenditure declined 16.7 percent to EUR 274 million. Telekom Austria maintained its outlook for full-year capex of EUR 700-750 million and a dividend of 5 cents a share.
Tags: flat
austria
outlook
telekom
Hyperlocal Crowdfunding Lowers Risks for Investors
2015-07-16 14:00:00| National Real Estate Investor
Crowdfunding is steadily gaining a foothold within the commercial real estate investment landscape, with over 100 national platforms currently operating and new ones launching each month. Last week, SaundersDailey, a Minneapolis-St. Paul-based online investment marketplace, made its debut. Unlike most commercial real estate crowdfunding platforms, which offer opportunities with properties across the country, SaundersDailey is a co-invested fund that draws heavily on local expertise and matches community investors to local real estate investment opportunities; as such, it is designed to avoid the underwriting risks associated with crowdfunding on a national basis. Its founder, Marshall Saunders, is a 20-year commercial real estate veteran who formerly owned and ran the worlds largest RE/MAX office. NREI spoke with Saunders about how hyperlocal and national crowdfunding portals differ and how underwriting risks can be avoided. read more
Tags: risks
investors
lowers
hyperlocal
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