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Tag: sees growth
Heineken sees growth in emerging markets in 2014
2014-02-12 13:28:04| Beverages - Topix.net
Heineken NV says it expects higher sales volumes in 2014 as growth in emerging markets outweighs falling consumption in Europe.
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Morgan Stanley Sees Growth Platforms Building for Stericycle
2014-02-06 19:41:03| Waste Management - Topix.net
In a report published Thursday, Morgan Stanley analyst David R. Lewis reiterated an Equal-Weight rating on Stericycle .
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AutoNation sees record growth after rebranding
2014-01-31 17:23:09| Auto Dealers - Topix.net
AutoNation reported 15 percent growth in net income during 2013, the first full-year financial results since the auto retailer launched a major rebranding effort.
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AT&T sees earnings growth slowing in 2014
2014-01-29 09:02:00| Telecompaper Headlines
(Telecompaper) AT&T reported fourth-quarter revenues up 1.8 percent from a year earlier to USD 33.2 billion. Adjusted operating profit rose to USD 5.2 billion from USD 4.2 billion, giving a margin of 15.5 percent, and adjusted EPS was up 20.5 percent to USD 0.53. Net profit reached USD 6.9 billion, versus a loss of USD 3.9 billion a year ago, thanks to one-time gains on pension holdings and the sale of America Movil shares. These were offset in part by charges for debt redemption and lay-offs. AT&T reported operating cash flow of USD 34.8 billion for the year, down from a record USD 39.2 billion in 2012 due to higher cash tax payments and device financing. Capital expenditure rose to USD 21.2 billion from USD 19.7 billion in 2012 on the roll-out of the LTE network, which now covers nearly 280 million people. The LTE deployment is expected to be substantially complete by this summer, after which AT&T said it will focus more on developing new services for the network, such as the connected car and home automation. The operator also announced a new efficiency drive called Project Agile, which is expected to "streamline and improve" every part of the business. Execution of the project has already started and will be a focus in 2014.
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Intel posts modest growth in Q4, sees flat 2014
2014-01-17 09:07:00| Telecompaper Headlines
(Telecompaper) Intel reported modest growth for the fourth quarter, saying it sees signs of stabilisation in the PC market. The chipmaker's revenues rose 3 percent year-on-year to USD 13.8 billion, and the gross margin improved 4.0 percent points to 62.0 percent, at the high end of the company's outlook. Net profit increased 6 percent to USD 2.6 billion or 51 cents a share. The company generated USD 6.2 billion in cash from operations, paid dividends of USD 1.1 billion and used USD 528 million to repurchase 22 million shares of stock. Intel confirmed its outlook for 2014 of flat revenues, while noting its working on several new products that weren't on its roadmap six months ago, as part of efforts to stimulate sales. In 2013, Intel's core PC Client Group recorded revenues down 4 percent to USD 33.0 billion as demand for tablets eroded PC sales. The company's Data Centre activities grew a stronger 7 percent to USD 11.2 billion, while revenues from other products fell by 7 percent to USD 4.1 billion. In Q4, PC sales improved to 2 percent sequential growth and other architecture expanded by 4 percent from Q3. Intel forecast a slowdown in the first quarter, with group sales dropping to an estimated USD 12.8 billion.
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