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ABF results to be boosted by UK sugar and Primark
2013-02-26 06:11:12| Sugar Industry News
Associated British Foods will report better than expected interim results next month, following outstanding performance at clothing retailer Primark and good revenues from UK sugar, despite the decline of UK sugar production
Tags: results
uk
sugar
boosted
Aqua America earnings boosted by FedEx case accounting change
2013-02-26 02:04:01| Air Courier - Topix.net
In my report on Aqua America's earnings earlier today , I said a tax accounting change boosted the Bryn Mawr, Pa., company's fourth-quarter income by $31 million, or 22 cents per diluted share.
Tags: change
case
america
accounting
S AFRICA: Distell H1 profits boosted by exports
2013-02-25 14:59:00| Daily beverage news and comment - from just-drinks.com
Distell boosted its profits in the second half of its current fiscal year, due to an increase in export volumes helped by a weak rand and a strong performance in sub-Saharan Africa.
Tags: africa
profits
exports
boosted
Cisco profits boosted by tax benefit, sales rise 5%
2013-02-14 08:54:00| Telecompaper Headlines
(Telecompaper) Cisco Systems reported net profit for its fiscal second quarter ended 26 Janaury up 44 percent from a year earlier to USD 3.1 billion. EPS rose 47.5 percent to USD 0.59. The result includes tax benefits of USD 926 million or 17 cents a share from a settlement with the IRS over R&D credits. Excluding this, net profit rose 6.2 percent, and EPS was up 8.5 percent. Cisco's revenues reached USD 12.1 billion in the quarter, up 5.0 percent year-on-year. Sales growth was strongest in the data centre segement, where revenues rose 65 percent to USD 548 million. Wireless sales were up 27 percent to USD 520 million after the takeover of Meraki, and the service provider video segment grew 20 percent to USD 1.22 billion. Sales of switches rose 3 percent to USD 3.72 billion, while IP routing was down 6 percent to USD 1.95 billion. The book-to-bill ratio for the quarter was slightly below 1, with product orders mainly weak in the EMEA region, down 6 percent. Across customer segments, orders were flat year-on-year, although Cisco said it saw some signs of pick-up in the commercial and enterprise sectors in the US. After operating cash flow of USD 3.3 billion, Cisco finished the quarter with total cash of USD 46.4 billion.
Endo Seen Boosted by Fidelity-Favored Sale: Real M&A
2013-02-11 17:36:11| Biotech - Topix.net
Endo Health Solutions Inc. 's best hope at regaining investor confidence after losing more than $1 billion in market value is to undo the acquisitions that built the company or find a buyer.
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