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AutoZone's e-commerce growth slows to 2.7% in Q2

2016-03-02 06:02:19| Auto Parts - Topix.net

Consumers now spend more time with online retail on mobile devices than desktop and laptop PCs. Read key data on mobile commerce sales, traffic, conversion, devices, marketing and more.

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LG delays official launch of LG Pay m-payment platform to Q2

2016-02-14 14:51:00| Telecompaper Headlines

(Telecompaper) LG Electronics has dropped its plan to launch the 'LG Pay' mobile payments system at this year's Mobile World Congress (MWC) in Barcelona, The Korea Times reports, citing an unnamed company representative. "LG Electronics has delayed the official launch of LG Pay to the second quarter of this year to help the new LG flagship smartphone G5 receive more media attention", the LG representative said.

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Mauritius sugar producer Alteo's pre-tax profit down 63 pct in Q2

2016-02-12 07:29:22| Sugar Industry News

Feb 11 Mauritius sugar producer Alteo's pre-tax profit fell 63 percent to 243 million Mauritius rupees ($6.87 million) in the three months to Dec. 31, the company said on Thursday, blaming lower energy tariffs and a temporary mill closure in Kenya.

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Cisco raises dividend 24% after strong Q2

2016-02-11 08:14:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenue for its fiscal second quarter to 23 January up 2 percent year-on-year to USD 11.8 billion. The results exclude its set-top box business sold to Technicolor and were at the high end of Cisco's forecast for flat to 2 percent higher sales in the quarter. The company's net profit jumped 31 percent to USD 3.1 billion, and adjusted EPS increased 8 percent to USD 0.57. Cisco CEO Chuck Robbins said the strong Q2 results were down to "managing the business extremely well in a challenging macro environment". The company also announced a 24 percent increase in its quarterly dividend to USD 0.26 per share and approval for a USD 15 billion increase in the share buyback programme, for a total USD 16.9 billion. For the third quarter, Cisco forecast 1-4 percent growth in revenues, excluding the set-top box business, and adjusted EPS of USD 0.54-0.56. 

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SolarEdge's revenue increases to $124.8m in fiscal Q2

2016-02-04 01:00:00| Power Technology

Israel-based photovoltaic inverters supplier SolarEdge Technologies has reported a 8.5% in its revenue to $124.8m for the fiscal second quarter ending in 31 December 2015, compared to $73.2m for the same period in 2014.

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