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HP Q4 revenues fall 2%, EPS down 4%
2014-11-26 08:55:00| Telecompaper Headlines
(Telecompaper) HP reported revenues for its fiscal fourth quarter to October down 2 percent year-on-year to USD 28.4 billion. On a constant currency basis, revenues fell 3 percent. Adjusted net profit rose 5 percent from a year ago to USD 1.06 per share, in line with HP's outlook. Reported EPS was down 4 percent to USD 0.70, also in line with guidance. The company generated USD 2.7 billion in cash flow from operations in the quarter and returned USD 1.1 billion to shareholders in the form of share repurchases and dividends in the fourth quarter. CEO Meg Whitman said that HP's turnaround was on track, with revenues stabilised in the past year, strong financial discipline and strengthened operations. She expects an acceleration in the progress in 2015. For the year to October 2015, HP forecast adjusted EPS of USD 3.83-4.03, up from USD 3.74 in the past year, and reported EPS of USD 3.23-3.43, versus USD 2.62 last year. For fiscal Q1, HP estimates adjusted EPS at USD 0.89-0.93 and reported EPS of USD 0.72-0.76. The outlooks do not include costs associated with the planned separation of HP's computer and printing activities.
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Program Guide - Fall 2014
2014-11-25 20:00:08| PortlandOnline
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program fall
All Bar One owner hit by profit fall
2014-11-25 11:13:34| BBC News | Business | UK Edition
Mitchells & Butler (M&B), the pubs and restaurants group, has reported a drop in profit for the year despite a rise in sales.
Brand Recovery: Cranswick says it is recovering from a fall in fresh pork sales
2014-11-24 17:59:55| Food - Topix.net
The company reported revenues 0.4 per cent lower at A 481.5m for the six months to September 30. Pre-tax profits fell 5.4 per cent to A 24.6m, though stripping out one-off charges they were ahead by 11.4 per cent. Sausage sales were slightly ahead, despite strong growth in premium products being dragged down by weaker demand for frozen and mid-market ranges, with sales of bacon up three per cent.
US apparel prices continue to fall
2014-11-21 11:25:00| Daily apparel & textile news and comment - from just-style.com
Apparel prices in the US continued on their downward trajectory in October, falling for the third consecutive month, according to new figures.
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