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US: Unifi third quarter net profit falls
2013-04-25 14:38:17| Daily apparel & textile news and comment - from just-style.com
Yarn business Unifi has seen third quarter net profit drop on falling sales, an extension of its holiday shut down in the period, and charges relating to early debt repayments.
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China Unicom Q1 net jumps 89% on 3G, fixed broadband growth
2013-04-25 02:00:00| Total Telecom industry news
Chinese telco's revenue growth outpaces increase in costs from network buildout, handset subsidies.
Ebro Foods reports 2.1% rise in Q1 2013 net earnings
2013-04-25 01:00:00| Food Processing Technology
Spanish rice and pasta manufacturer Ebro Foods has reported a 2.1% increase in its net earnings to 32.9m for the first quarter of 2013, compared with 32.2m for the same period in 2012.
Whirlpool first quarter net income more than doubles Whirlpool said...
2013-04-24 23:35:27| Appliances - Topix.net
The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs.
Apple raises dividend as net profit falls
2013-04-24 08:13:00| Telecompaper Headlines
(Telecompaper) Apple reported a drop in net profit in its fiscal second quarter to USD 9.5 billion or USD 10.09 per share, from USD 11.6 billion or USD 12.30 per share a year earlier. Revenues for the three months to March rose to USD 43.6 billion from USD 39.2 billion a year ago, better than the company's forecast of USD 41-43 billion. The company's gross margin dropped to 37.5 percent from 47.4, at the bottom of its forecast range. Apple sold a total 37.4 million iPhones in the quarter, compared to 35.1 million in the year-ago quarter. iPad sales rose to 19.5 million from 11.8 million a year earlier, and sales of Mac computers were just under 4 million units, versus 4 million in the year-ago quarter. For fiscal Q3, Apple forecast revenue of USD 33.5-35.5 billion and a gross margin of 36-37 percent. Apple generated USD 12.5 billion in operating cash flow in the quarter, and finished the period with total cash of USD 145 billion. The company announced plans to increase its distributions to shareholders to USD 100 billion by the end of 2015. Its share repurchase programme will increase to USD 60 billion from the USD 10 billion announced last year, and the quarterly dividend was increased 15 percent to USD 3.05 per share. As part of the expanded capital return programme, Apple said it plans take on debt. More details on this will be announced in the near future.
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