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Rolls-Royce cuts dividend by 50%

2016-02-12 08:58:51| BBC News | Business | UK Edition

Aero engine giant Rolls-Royce cuts its dividend after a torrid year as profits come it at lower end of guidance range.

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Nokia ups dividend as Q4 profit increases 63%

2016-02-11 08:28:00| Telecompaper Headlines

(Telecompaper) Nokia reported revenues from continuing operations up 3 percent year-on-year in the fourth quarter to EUR 3.6 billion. The result excludes the Here division sold to carmakers. Sales growth was helped by currency effects; excluding these, revenues fell 3 percent. The Networks division posted sales down 5 percent, while the licensing business Nokia Technologies more than doubled sales, thanks to the arbitration pay-out from Samsung. Nokia's net earnings rose to EUR 0.13 per share from EUR 0.08 a year ago, driven by cost reductions. Nokia will pay a dividend of EUR 0.16 per share for 2015 and a special dividend of EUR 0.10 per share, up from EUR 0.14 last year. Nokia CEO Rajeev Suri said the company delivered on its annual targets, but the outlook appears more difficult, as LTE roll-outs in China and other markets start to slow. Following the start of operations with Alcatel-Lucent in January, Nokia said it will focus on operational and commercial discipline, ensuring synergies are delivered as quickly as possible.

Tags: ups profit increases nokia

 
 

Cisco raises dividend 24% after strong Q2

2016-02-11 08:14:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenue for its fiscal second quarter to 23 January up 2 percent year-on-year to USD 11.8 billion. The results exclude its set-top box business sold to Technicolor and were at the high end of Cisco's forecast for flat to 2 percent higher sales in the quarter. The company's net profit jumped 31 percent to USD 3.1 billion, and adjusted EPS increased 8 percent to USD 0.57. Cisco CEO Chuck Robbins said the strong Q2 results were down to "managing the business extremely well in a challenging macro environment". The company also announced a 24 percent increase in its quarterly dividend to USD 0.26 per share and approval for a USD 15 billion increase in the share buyback programme, for a total USD 16.9 billion. For the third quarter, Cisco forecast 1-4 percent growth in revenues, excluding the set-top box business, and adjusted EPS of USD 0.54-0.56. 

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Dividend Idea: Using The SA Community To Evaluate Qualcomm

2016-02-09 02:33:22| Steel - Topix.net

A January 19 SA article introduced a 20-point checklist for studying Texas Instruments and Parker-Hannifin . Finviz was added as a resource in a January 24 review of Archer-Daniels-Midland , and a January 29 review of Nucor .

Tags: community idea evaluate dividend

 

Dividend Idea: Using The SA Community To Evaluate Qualcomm

2016-02-08 23:15:04| Agriculture - Topix.net

A January 19 SA article introduced a 20-point checklist for studying Texas Instruments and Parker-Hannifin . Finviz was added as a resource in a January 24 review of Archer-Daniels-Midland , and a January 29 review of Nucor .

Tags: community idea evaluate dividend

 

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