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Samsung sales fall 8.4% in Q2

2015-07-07 08:40:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said it expects to report second-quarter revenues down 8.4 percent from a year earlier to KRW 48 trillion, while operating profit will fall 4 percent to KRW 6.9 trillion. Its final quarterly results will be reported later this month. The lower results are thought to be the result of weaker smartphone sales, with the recent launch of the flagship Galaxy S6 by Samsung unable to return the company to growth. This should be offset somewhat by stronger results at the company's semiconductor activities. 

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My 30 Stocks For 30 Years: Q2 2015 Update

2015-07-06 17:14:11| Footwear - Topix.net

I am now 3 quarters into my experiment of consistent wide moat dividend accumulation, with my 30 stocks for 30 years . Overall, I'm very pleased with the progress that I've been able to make.

Tags: years update stocks q2

 
 

a Tesla sees record deliveries in Q2

2015-07-03 04:05:37| Auto Dealers - Topix.net

Tesla Motors topped its car-sales forecast for the second straight quarter, hitting a record high and representing a 52 percent jump over last year's Q2 numbers. The Palo Alto-based electric car company delivered 11,507 Model S sedans during the quarter, according to the company as it delivered a statement of preliminary figures on Thursday.

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My 30 Stocks For 30 Years: Q2 2015 Buys

2015-06-12 19:21:13| Footwear - Topix.net

I embarked on a strategy of regular, consistent position accumulation across a basket of high-quality, wide-moat dividend paying stocks late last year. The way that I am implementing this strategy is to invest several thousand dollars every quarter across a basket of some 30 stocks, and buy these stocks in one shot via a lower cost brokerage that allows me to do this very cost efficiently .

Tags: years stocks buys q2

 

HTC looks beyond smartphones as outlook gets lowered for Q2

2015-06-07 13:04:00| Telecompaper Headlines

(Telecompaper) HTC has lowered its outlook for the second quarter on the back of slower demand for high-end Android devices and weaker than expected sales in China, and has started to aggressively develop new business opportunities beyond smartphones. The manufacturer is now guiding for revenues of TWD 33-36 billion, gross margin of 19-19.5 percent and earnings per share of TWD 7.70-9.94. The previous guidance was for revenues of TWD 41.5-45 billion, gross margin of 19.5-20 and EPS of USD 0.08-0.47. HTC said Q2 gross margin was also affected by product mix changes and lowered scale, while increased competition raised operating costs for product promotion. The company will also take a TWD 2.9 billion one-off charge for its efficiency programme in Q2. Preliminary revenues for the first quarter reached TWD 65.9 billion, while revenues for the month of May amounted to TWD 10.76 billion.

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