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Apple raises dividend after strong Q2

2015-04-27 22:41:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal second quarter to March up 27 percent to USD 58 billion, beating its own guidance of USD 52-55 billion. The company said the results were fueled by record Q2 sales for the iPhone and Mac computers as well as an all-time record for the App Store. Apple's net profit jumped to USD 13.6 billion or USD 2.33 per diluted share from USD 10.2 billion or USD 1.66 per share in the year-ago quarter. Its gross margin improved to 40.8 percent from 39.3 percent, also exceeding the company's forecast. For its fiscal third quarter, the company forecast revenues of USD 46-48 billion and a gross margin of 38.5-39.5 percent. The company also announced an increase in its capital return programme of more than 50 percent. Under the new plans, Apple plans to return a cumulative total of USD 200 billion of cash to shareholders by the end of March 2017. 

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Strong Results and Smart Strategies Make Advance Auto a Good Buy

2015-04-27 22:19:09| Auto Parts - Topix.net

Advance Auto Parts touched an all-time high in January. The company recently reported its fourth quarter results with year-over-year growth in both revenue and profits.

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Investor enthusiasm greets name change, strong numbers at Roper

2015-04-27 21:45:08| Industrial Machines - Topix.net

The Sarasota-based firm, which designs and develops software and engineered products and services for a variety of niche industries, is expecting earnings per share to range between $6.75 and $6.95 for the year, compared to $6.40 a share in 2014. The year is off to a strong start.

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Entergy Crews Quickly Responding as Strong Storm System Moves Across State

2015-04-27 20:15:00| Transmission & Distribution World

Entergy crews are responding to extensive outages Monday as a strong line of storms packing strong wind gusts, tornadoes, large hail and frequent lightning strikes moved across south Louisiana, causing extensive damage to the state's power grid. read more

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EE Q1 revenue dips despite strong 4G uptake

2015-04-27 02:00:00| Total Telecom industry news

Drop in prepaid customers drives decline in U.K. operator's mobile customer base.

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