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Cisco raises dividend as profits improve despite 4% fall in revenue
2020-02-13 08:32:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal second quarter to January down 4 percent year-on-year to USD 12.0 billion, in line with its outlook. The company forecast a further decline of 1.5-3.5 percent in the current quarter. Profits were still higher in Q2, and Cisco raised its quarterly dividend by 3 percent to USD 0.36 per share.
Telia raises dividend 4% after growth in FY results, sees lower cash flow in 2020
2020-01-29 09:33:00| Telecompaper Headlines
(Telecompaper) Telia Company increased its annual dividend by 3.8 percent to SEK 2.45 per share, after meeting its outlook for an increase in full-year cash flow. The company forecast lower cash flow in the coming year on an expected increase in capex.
Ericsson raises dividend 50% as profits improve, margins on track
2020-01-24 08:58:00| Telecompaper Headlines
(Telecompaper) Ericsson announced a 50 percent increase in its dividend to SEK 1.50 per share, after reporting full-year results it says are on track to meet its medium and long-term targets. For the fourth quarter, the company posted sales up 4 percent to SEK 66.4 billion, and the adjusted operating margin more than doubled to 9.7 percent, close to its target of 10 percent for 2020.
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Comcast raises dividend 10% after solid growth in earnings, cash flow in 2019
2020-01-23 13:42:00| Telecompaper Headlines
(Telecompaper) Comcast has announced another 10 percent increase in its dividend, after reporting double-digit growth in underlying earnings and record free cash flow for 2019. This is the company's 12th consecutive annual increase and comes despite expected additional investment in the launch of its Peacock streaming service this year.
Last week in media: Google and Facebook scrutinised, AT&T raises dividend, Comcast provides details on Peacock
2019-12-16 07:01:00| Telecompaper Headlines
(Telecompaper) Last week's biggest winners and losers included two troubled companies. ComScore was up 9.7 percent and now trades at almost triple the value last August, when it appeared to be in acute danger. McClatchy took a 24 percent hit and seems to be permanently reduced to penny stock status. Japan's TV Asahi was the weeks winner, up 17 percent. Four of the largest companies in the Telecompaper Global Media index traded in negative territory last week, including Facebook, Comcast, Netflix and Disney. All in all, our index was down 0.2 percent, whereas the S&P 500 was up 0.7 percent in week 50.
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