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ZTE sees better-than-expected H1 profits

2014-07-14 15:11:00| Telecompaper Headlines

(Telecompaper) ZTE has raised its estimate for first-half profit, citing better margins and growing 4G orders in its home market China. The equipment maker now expects to report a net profit of CNY 1.00-1.15 billion for the first six months of 2014, versus an estimate at its Q1 report of CNY 0.80-1.00 billion. Both figures are up significantly from the year-earlier period when it reported CNY 0.31 billion in net profit. ZTE said the better result was due to its continued focus on tighter control of contract profitability, improvement in gross margins on international projects and higher revenues from 4G systems in China. 

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Package Your Profits With Packaging Corporation Of America

2014-07-14 12:10:11| Industrial Machines - Topix.net

As the economy trudges along with slow steady growth, so grows the demand for packaging materials in which products are shipped.

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Sweden's SEB Posts 10% Rise in Profits

2014-07-14 10:27:29| Appliances - Topix.net

Skandinaviska Enskilda Banken AB cautioned that tougher regulatory requirements for Swedish banks could weigh on economic growth as it reported a 10% rise in second-quarter net profit amid higher loan volumes.

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John Clark unveils 23rd dealership as profits soar

2014-07-13 05:02:44| Auto Dealers - Topix.net

MOTOR dealer John Clark is to capitalise on the booming car market as it prepares to take the wraps off its flagship Mini franchise in Aberdeen.

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Wells Fargo profits up on US economy

2014-07-11 17:58:43| BBC News | Business | UK Edition

Profits at Wells Fargo - the largest US bank - rise 3% in the second quarter, helped by a pick-up in the US economy.

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