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Valeant raises outlook after completing purchase of Salix

2015-04-30 09:04:09| Biotech - Topix.net

" Valeant Pharmaceuticals International Inc. said Wednesday it turned a profit in the first quarter, and the Canadian drugmaker raised its forecasts for the year after completing more acquisitions. The company reported a profit of $73.7 million, or 21 cents per share, after it lost $22.6 million, or 7 cents per share, a year ago.

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Philippines raises bar on exporters' labour standards

2015-04-28 17:32:00| Daily apparel & textile news and comment - from just-style.com

The Philippine government's department of labour and employment (DOLE) has signed an agreement to help the country's exporters meet international standards on worker welfare.

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Aetna Raises 2015 Outlook After 1Q Earnings Tops Forecasts

2015-04-28 14:10:45| Beverages - Topix.net

Aetna has hiked its 2015 earnings outlook beyond analyst expectations after reporting first-quarter net income that jumped 17 percent and also topped forecasts. The nation's third largest health insurer said Tuesday it now expects operating earnings this year to range between $7.20 and $7.40 per share.

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Aetna raises 2015 outlook after 1Q earnings tops forecasts

2015-04-28 14:10:44| Beverages - Topix.net

Aetna has hiked its 2015 earnings outlook beyond analyst expectations after reporting first-quarter net income that jumped 17 percent and also topped forecasts.

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Apple raises dividend after strong Q2

2015-04-27 22:41:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal second quarter to March up 27 percent to USD 58 billion, beating its own guidance of USD 52-55 billion. The company said the results were fueled by record Q2 sales for the iPhone and Mac computers as well as an all-time record for the App Store. Apple's net profit jumped to USD 13.6 billion or USD 2.33 per diluted share from USD 10.2 billion or USD 1.66 per share in the year-ago quarter. Its gross margin improved to 40.8 percent from 39.3 percent, also exceeding the company's forecast. For its fiscal third quarter, the company forecast revenues of USD 46-48 billion and a gross margin of 38.5-39.5 percent. The company also announced an increase in its capital return programme of more than 50 percent. Under the new plans, Apple plans to return a cumulative total of USD 200 billion of cash to shareholders by the end of March 2017. 

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