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TWC has first quarter of positive video net additions since 2009

2015-04-30 11:00:26| Digital TV News

Time Warner Cable (NYSE:TWC) has reported results for its first quarter ended March 31, 2015. Residential video net additions in the quarter were 30,000 the first positive quarterly net additions since the first quarter of 2009.

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Baidu Q1 revenues jump 34%, net profit down 3.4%

2015-04-30 09:08:00| Telecompaper Headlines

(Telecompaper) Chinese internet search provider Baidu saw its first-quarter total revenues increase by 34 percent year-on-year to CNY 12.72 billion. Mobile revenue represented 50 percent of total revenue for the first quarter of 2015, up from 42 percent in the fourth quarter of 2014. Net income amounted to CNY 2.44 billion (approximately USD 395.1 million), which represents a 3.4 percent decrease from the corresponding period in 2014.

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Oilsands giant Suncor Energy posts $341-million net loss in first quarter

2015-04-30 06:44:10| Oil & Gas - Topix.net

Suncor Energy Inc. , Canada's largest oilsands producer, posted a $341 million net loss during the first three months of 2015, when crude prices hovered around a meagre US$50 a barrel. During the same period a year earlier, the Calgary-based company turned a net profit of about $1.49 billion.

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Handelsbanken posts flat net profit

2015-04-29 08:29:41| Appliances - Topix.net

Swedish lender Svenska Handelsbanken AB Wednesday said it expanded further in the U.K. and Netherlands in the first quarter as it reported an unchanged year-on-year net profit, driven by a rise in net interest income but offset by higher staff costs. Net profit at the Stockholm-based bank was 3.91 billion Swedish kronor in the three months ended March 31, same as in the comparative period last year.

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Supervalu net earnings slip in Q4

2015-04-28 21:56:05| Grocery - Topix.net

Minneapolis Net earnings at Supervalu Inc. fell 14% to $36 million in the fourth quarter of fiscal 2014 from $42 million in the identical period a year earlier. Higher selling and administrative expenses, including store closure and benefit costs, helped reduce profits.

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