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Heineken FY15 - a "strong performance in an uncertain world" - Analysis

2016-02-12 11:41:00| Daily beverage news and comment - from just-drinks.com

Yesterday, Heineken posted a solid set of full-year numbers. That's good news for the brewer, of course, but it always begs the question: Can the company keep it up?

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Strong futures sweeten sugar

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

Sugar market shot up tracking extended gain in futures amid higher retail and bulk demand. Maharashtras producers sold the commodity at 20-30 a quintal higher. Naka rates also went up by 40-70. Arrivals to the Vashi market remained stable at 60-61 truck loads while local dispatches increased to 62-63 loads.

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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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Lenders See Another Strong Year for Multifamily in 2016

2016-02-10 12:17:00| National Real Estate Investor

Mark Heschmeyer <news@costar.com> Moderate economic growth and ongoing demographic drivers will keep the multifamily market moving forward in 2016, according to Freddie Mac Multifamily Outlook released this week. read more

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Telekom Austria pledges to invest after strong 2015 numbers

2016-02-10 01:00:00| Total Telecom industry news

Telco earmarks 2016 capex of 750 million, slightly below 2015 level; group customer numbers hit 24 million.

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