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John Burbank's Top 10 Third Quarter Buys
2013-11-14 22:41:54| Chemicals - Topix.net
John Burbank leads Passport Capital, a $3 billion global investment firm founded in 2000.
Cisco revenue growth slows in October quarter
2013-11-14 08:58:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal first quarter up just 1.2 percent year-on-year to USD 12.1 billion, while net profit fell 4.6 percent to USD 2.0 billion. Cisco said revenues were less than expected and profits were impact by one-time charges of USD 237 million for job cuts and USD 257 million for the acquisition of the rest of Insieme Networks. Adjusted EPS for the three months to 26 October, excluding the charges, was still up 10.4 percent to USD 0.53. On a geographic basis, the company's sales fell in Asia, but grew in other regions. On a product basis, sales of service provider video equipment fell 8 percent, and NGN routing systems were lower 1 percent lower year-on-year at 2.04 billion. Sales at the main switching business grew 3 percent to USD 3.75 billion, and the data centre operations continued to grow strongly, up 44 percent to USD 601 million. With a book-to-bill ratio of less than 1 and product orders down 4 percent in the past quarter, Cisco's revenues may remain under pressure in the current quarter. The company reported product orders down in all regions in fiscal Q1, as well as weaker spending by service providers and the public sector. Operating cash flow was up slightly from a year earlier to USD 2.6 billion, and Cisco finished the quarter with USD 48.2 billion in cash. After spending USD 2.0 billion on share repurchases in the quarter, the company authorised another USD 15.0 billion for the buyback programme.
Tags: october
growth
quarter
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Northland Postpones its Third Quarter Results
2013-11-14 04:45:44| Appliances - Topix.net
Northland Resources S.A. announces that it postpones the release of its Financial Statement and Management's Discussions and Analysis for the third quarter ending on September 30, 2013, collectively: due to the complexity in valuation of certain financial instruments within the scope of IAS 32 and IAS 39. The Third Quarter Results will now be ... (more)
Tags: results
quarter
northland
postpones
Tom Gayner Reports 5 Stock Buys in Quarter 3
2013-11-14 00:49:07| Chemicals - Topix.net
Tom Gayner , president and CIO of insurer Markel Corp, reported adding five stocks to his portfolio in the third quarter: Mosaic Co.
Tags: stock
reports
tom
quarter
Allied Motion Reports Results for the Third Quarter Ended September 30, 2013
2013-11-13 05:28:13| Electronics - Topix.net
Allied Motion Technologies Inc. today announced the results for the quarter ended September 30, 2013.
Tags: results
september
reports
ended
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