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Tag: profits
HP quarterly profits beat expectations
2013-02-22 08:15:00| Telecompaper Headlines
(Telecompaper) HP reported adjusted EPS for its fiscal first quarter of USD 0.82, down 11 percent from the prior year, but above its earlier outlook of 68-71 cents. On a reported basis, EPS fell 14 percent to USD 0.63, also better than expected. Revenue for the three months to January declined 6 percent to USD 28.4 billion, led by an 8 percent fall in its Personal Systems business due to the slowdown in the PC market. Printing revenue was down 5 percent, Enterprise equipment revenue fell 4 percent, Enterprise service revenue declined 7 percent, and Software revenue fell 2 percent. Operating cash flow more than doubled compared to a year earlier to USD 2.6 billion, and the company said it devoted USD 1 billion to net debt reduction in the quarter and will continue to focus on improving its balance sheet. For the second quarter, HP forecast adjusted EPS of USD 0.80-0.82 and reported EPS of USD 0.38-0.40, including 42 cents per share of costs for the amortization of purchased intangible assets, restructuring charges and acquisition-related charges. HP maintained its full-year outlook, saying it expects the benefits of the restructuring started last year to accelerate in the course of the year.
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Wal-Mart sees quarterly profits rise
2013-02-21 14:48:22| BBC News | Business | UK Edition
Wal-Mart posts a rise in fourth-quarter profits, benefiting from a delayed tax rise in the US, but the supermarket giant says sales were slower at the start of the year.
Tags: rise
quarterly
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US: Boston Beer Co ends 2012 with rising sales but dipping profits
2013-02-21 12:25:00| Daily beverage news and comment - from just-drinks.com
Boston Beer Co has seen its full-year profits slip on rising costs, as both sales and volumes delivered growth.
Tags: sales
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Weak demand hits profits at BAE
2013-02-21 09:22:57| BBC News | Business | UK Edition
UK aerospace company BAE Systems reports a fall in full-year profits, blaming delays over a major contract with Saudi Arabia and weak global demand.
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demand
weak
profits
Dreamliner cash lifts Qantas profits
2013-02-21 03:13:48| BBC News | Business | UK Edition
Qantas profits have risen, boosted by compensation from Boeing after it cancelled 787 orders and amid narrowing losses on its international operations.
Tags: cash
profits
lifts
qantas
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