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Intel raises dividend, sees return to revenue growth in 2016
2015-11-20 09:48:00| Telecompaper Headlines
(Telecompaper) Intel has approved an increase in its cash dividend by 8 percent to USD 1.04 per share on an annual basis, starting with the dividend that will be declared in the first quarter. The company also provided a business outlook for 2016. The company is guiding for revenue growth in the mid-single digits, a gross margin at 62 percent, plus or minus a couple points, and spending down by half a point as a percent of revenue. Capital expenditure is forecast to increase to USD 10 billion, plus or minus USD 500 million, compared to guidance for this year of USD 7.3 billion.
Tags: return
growth
revenue
intel
La-Z-Boy shares rise after company raises dividend
2015-11-18 16:19:39| Furniture - Topix.net
La-Z-Boy said it earned $21 million, or 41 cents a share, in the quarter, compared with 37 cents a share in the year-ago period. Sales reached $383 million, up 5% from fiscal second quarter 2014.
Tags: company
rise
shares
raises
MTS raises outlook as revenues increase 7% in Q3
2015-11-18 07:11:00| Telecompaper Headlines
(Telecompaper) Revenues of Russian and CIS operator MTS Group grew by 7.4 percent year-on-year in the third quarter to RUB 115 billion, led by demand for data services and smartphones. Adjusted OIBDA totaled RUB 48 billion, down by 2.4 percent, and the adjusted OIBDA margin was 41.7 percent. MTS said OIBDA was impact by cost inflation, margin pressure outside Russia and new commercial policies in its retail network. Net profit dropped by 6.4 percent to RUB 14.4 billion, hurt by forex losses. MTS raised its guidance for the full year and now expects annual revenue growth of around 4 percent, compared to a previous outlook for at least 2 percent growth. The company maintained its forecast for an OIBDA margin of over 40 percent and capital expenditure of around RUB 92 billion over the full year. In Russia, revenues grew by 4.7 percent to RUB 103.92 billion in the third quarter, while OIBDA declined 2.1 percent to RUB 44.53 billion amid higher costs for increased smartphone sales. Mobile revenues, including sales of devices, grew by 6.4 percent to RUB 90.6 billion, led by 20.2 percent growth in data revenues to RUB 20.6 billion. The subscriber base grew by 3.6 million compared to a year ago to 76.9 million at the end of September, while ARPU dropped by 4.6 percent to RUB 341.
Tags: in
increase
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revenues
France raises 2.8bn from 700-MHz sale
2015-11-18 01:00:00| Total Telecom industry news
Orange, Free Mobile win most spectrum in French auction, positions on frequency band yet to be determined.
Tags: france
sale
raises
700mhz
Chris Davis Raises Stake in United Technologies by Nearly 17,000%
2015-11-17 18:23:20| Industrial Machines - Topix.net
As portfolio manager for Davis Selected Advisors, Chris Davis has his fingers on the pulse of more than $60 billion in assets. His investment strategy is to acquire durable businesses that are well-managed and value priced.
Tags: united
nearly
technologies
chris
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