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US: Boston Beer Co posts Q1 profits drop as costs rise
2013-05-02 12:36:00| Daily beverage news and comment - from just-drinks.com
The Boston Beer Co has posted a big jump in first-quarter sales, but higher costs and a bigger marketing spend bit into profits.
HTC Q1 profits down sharply, sees small improvement in Q2
2013-05-02 10:07:00| Telecompaper Headlines
(Telecompaper) HTC reported a bigger drop than expected in first-quarter results. As earlier reported, revenues fell to TWD 42.8 billion from TWD 67.8 billion a year earlier, missing the smartphone maker's guidance of TWD 50-60 billion. The gross margin at 20.3 percent also fell short of the outlook of 21-23 percent, and operating profit was barely breakeven, at TWD 0.04 billion or 0.1 percent of sales, versus an outlook of 0.5-1.0 percent. Net profit plunged to TWD 0.09 billion from TWD 4.5 billion a year earlier. Following the launch of its flagship One smartphone last month, HTC expects second-quarter revenues to improve to around TWD 70 billion and the gross margin to increase to 22-24 percent. Operating profit will remain weak, at 1-3 percent of revenues.
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profits
Europe weakness hits BMW profits
2013-05-02 09:22:43| BBC News | Business | UK Edition
BMW reports lower profits for the first quarter of 2013 after the German luxury carmaker suffers tougher trading in Europe.
Shell profits up in first quarter
2013-05-02 08:39:43| BBC News | Business | UK Edition
Oil giant Royal Dutch Shell reports a rise in first quarter profits and says chief executive Peter Voser will retire next year.
Dow Corning Sales, Profits Drop
2013-05-02 07:18:42| Telecom - Topix.net
Dow Corning Corp. Wednesday reported adjusted net income of $66.4 million in the first quarter, down 6 percent from a year earlier.
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