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Sainsbury's sees sales fall again

2014-06-11 08:29:08| BBC News | Business | UK Edition

Supermarket chain Sainsbury's has reported a second consecutive quarter of falling sales as it faces increasing competition from rivals.

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Indications: Stock futures fall ahead of auto sales, orders data

2014-06-03 13:39:15| Auto Dealers - Topix.net

U.S. stock futures sagged Tuesday before investors received an update on orders for goods to U.S. factories and confirmation that sales for auto makers are making headway after months of harsh winter weather.

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Japan retail sales fall on tax hike

2014-05-29 04:02:12| BBC News | Business | UK Edition

Retail sales in Japan fall 4.4% in April, compared with the same period last year, as the country's sales tax hike begins to take effect.

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Meat Market Update | Memorial Day Sales Fall Below Average

2014-05-21 17:32:00| Beef

The Daily Choice Cutout ended the week of Friday, May 17 at $225.98, which was $2.72 higher than the previous Friday. The weekly total for the daily spot volume was 739 loads, and was about 11% of the sales for the week. read more

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Telecom Italia sales fall 11.9% in Q1, eyes gradual recovery

2014-05-13 09:44:00| Telecompaper Headlines

(Telecompaper) Telecom Italia reported an 11.9 percent year-on-year fall in first-quarter revenues to EUR 5.19 billion, hurt by negative exchange rate effects in Brazil and a weaker domestic market. EBITDA declined 8.4 percent to EUR 2.20 billion, and EBITDA margin increased to 42.4 percent from 40.8 percent a year ago. Net profit dropped to EUR 222 million from EUR 364 million in the year-earlier period. Adjusted net debt came in at EUR 27.53 billion, slightly down on the figure of EUR 28.77 billion reported on 31 March 2013 but EUR 722 million higher than the EUR 26.81 billion reported in the previous quarter. Telecom Italia said the results were in line with its plans and confirmed expectations of a gradual recovery. "As a whole we are in line with our plans and targets, which see a progressive acceleration in year-on-year recovery," said CEO Marco Patuano. In his first 6 months as CEO, Patuano has sold Telecom Italia's Argentine unit, scrapped a dividend and announced the sale of wireless towers in Italy and Brazil. Last month he teamed up with Sky Italia on an IP-based TV service to attract broadband subscriptions. "The content agreement with Sky will allow us to immediately make premium offers available to our customers, starting with the broadcast of the FIFA World Cup on mobile devices," said Patuano.

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