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America Movil's Q1 profits down 42.1% y-o-y
2015-04-24 17:07:00| Telecompaper Headlines
(Telecompaper) America Móvil posted a net profit of MXN 8.2 billion in the first quarter of the year, down 42.1 percent compared to the year-ago period. The operator also generated revenues of MXN 220 billion in the period, climbing 3.1 percent versus the first quarter of 2013. Service revenues grew 0.6 percent to MXN 193.7 billion, and hardware revenues were up 26.3 percent to MXN 26.28 billion. America Movil said growth was led by mobile data and pay-TV services. The operator's EBITDA was down 2.1 percent to MXN 68.2 billion. The EBITDA margin stood at 31 percent of revenues. America Movil said it spent MXN 29.0 billion on capital equipment and MXN 11.4 billion on shareholder distributions in the first quarter.
Dr Pepper Snapple Group eyes more cuts as Q1 profits, sales rise
2015-04-24 15:10:00| Daily beverage news and comment - from just-drinks.com
Dr Pepper Snapple Group has said there is "a tremendous amount of runway" for more cuts after its cost-savings programme helped grow sales and profits in its first quarter.
Google profits please investors
2015-04-23 22:33:39| BBC News | Business | UK Edition
US technology giant Google reports a 4% increase in profits in the first quarter to $3.59bn helped by strong advertising sales.
Tags: google
investors
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google profits
Timely planting of double-crop soybeans may increase profits per acre
2015-04-23 19:49:00| Corn & Soybean Digest
Kyle Brase has been double-cropping soybeans after wheat as long as he has been farming. The fifth-generation grower from Edwardsville, Ill., says it can be more profitable than growing corn. Dramatically lower commodity prices give the planting rotation better return potential than just planting corn or single-crop soybeans. read more
Tags: per
increase
timely
profits
Truck, SUV profits push GM 1Q profit 8 times above year ago
2015-04-23 15:36:17| Automakers - Topix.net
First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn't have to set aside a huge stack of money to pay for recalls. The Detroit automaker said it made $945 million, as consumers got used to lower gasoline prices and decided to buy bigger vehicles.
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