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C&W's Columbus buy raises competition concerns

2014-11-24 01:00:00| Total Telecom industry news

East Caribbean regulator expresses 'deep concern' about threat to competition; Digicel also wades in.

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Intel raises dividend, forecasts growth in 2015

2014-11-21 09:48:00| Telecompaper Headlines

(Telecompaper) Intel announced an increase in its dividend and forecast growth in 2015 at its annual investor meeting. The cash dividend will increase by 6 cents to USD 0.96 per share on an annual basis, beginning with the Q1 dividend. Intel CEO Brian Krzanich said that Intel's highest shareholder value will come from a strategy to use the core assets that drive the company's PC and data centre businesses to move into profitable, complementary market segments. Intel's leading-edge manufacturing capability, architecture and the use of shared IP are key elements of the growth strategy. For 2015, the company revenue growth in the mid-single digits, a gross margin of 62 percent, plus or minus two points, R&D and MG&A spending as a percent of revenue to be lower and capital spending of approximately USD 10.5 billion. 

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Backed by International Paper, tournament raises $77K for museum

2014-11-21 02:33:31| Paper - Topix.net

Children's Museum of Memphis CEO Dick Hackett, left, accepts check for $77,450 from museum board member Ron Kastner. Some people in the business world will discount the value of golf outings for networking, drumming up new business or getting quality time with existing clients, but those who have organized golf events and tournaments will quickly tell you otherwise.

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WestJet chairman trims stake in airline, raises over $40-million

2014-11-19 05:12:08| Airlines - Topix.net

WestJet Airlines Chairman and co-founder Clive Beddoe has been trimming his stake in the No. 2 Canadian carrier over the past six months, taking advantage of its strong share price.

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La-Z-Boy shares up 4% as profit tops estimates, raises dividend

2014-11-19 01:08:47| Furniture - Topix.net

La-Z-Boy Inc. shares surged more than 4% in after-hours trade Tuesday, after the furniture maker reported better-than-expected fiscal second-quarter earnings and announced a dividend hike. La-Z-Boy said it had net income of $19.5 million, or 37 cents a share, up from $16.7 million, or 33 cents a share, in the year-earlier period.

Tags: profit estimates shares tops

 

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