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Tag: lowers outlook
AUSTRIA: Lenzing lowers outlook on lower H1 profit
2013-08-22 13:37:00| Daily apparel & textile news and comment - from just-style.com
Cellulosic fibre producer The Lenzing Group has cut its full year sales guidance, after reporting considerably lower profit during the first half of the year over the prior year.
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austria
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US: Nordstrom lowers FY outlook despite Q2 profit
2013-08-16 13:36:41| Daily apparel & textile news and comment - from just-style.com
Despite posting a higher profit in its second quarter, upscale US fashion retailer Nordstrom Inc has lowered its full-year forecast on an expected drop in sales.
Tags: profit
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q2
lowers
Nordstrom lowers outlook despite higher 2Q profit
2013-08-15 23:28:30| Apparel - Topix.net
Nordstrom on Thursday joined the ranks of major retailers cutting their profit outlooks for the year, citing disappointing sales from its more affluent shoppers.
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SAP posts growth but lowers outlook in main software business
2013-07-18 19:45:45| InfoWorld: Top News
SAP reported revenue growth in the second quarter driven by growth in cloud subscriptions and revenue from support and its HANA in-memory database. However, the company lowered its growth outlook for software and software-related service revenue for the full year 2013, citing lower software revenue expectations as a result of macroeconomic challenges, particularly in Asia Pacific and Japan, and a rapid transition to the cloud.
Tags: business
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Intel lowers outlook as PC market slows more than expected
2013-07-18 07:58:00| Telecompaper Headlines
(Telecompaper) Intel has lowered its full-year outlook as the PC market slows more than expected. The world's largest chipmaker now expects flat revenues for 2013, after earlier forecasting a small increase, and cut its gross margin forecast to around 59 percent from 60 percent previously. In the second quarter, Intel reported revenues of USD 12.8 billion, up 2 percent on a sequential basis in line with its forecast but down 5 percent from a year earlier. PC Client revenues rose 1.4 percent from Q1, helped by a modest increase in inventory stocking and Haswell-based products, and data centre revenues were up 6.1 percent sequentially. The gross margin improved 2.1 percent compared to the first three months of the year to 56.8 percent. Operating profit fell 29 percent year-on-year to USD 2.7 billion, and net profit was also down 29 percent to USD 2.0 billion or USD 0.39 per share.
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intel
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