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Baidu raises Q4 revenue guidance, postpones results amid coronavirus outbreak

2020-02-03 10:09:00| Telecompaper Headlines

(Telecompaper) Baidu has updated its guidance for the fourth quarter of 2019. Baidu has also postponed the date for reporting its financial results for the fourth quarter to 27 February, "due to the evolving situation brought upon by the outbreak of the novel coronavirus in China". This decision is expected to give Baidu "more time to observe the business condition for the first quarter of 2020", the company said.

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US raises USD 7.6 billion in auction of 37, 39, 47 GHz bands for 5G

2020-01-31 08:26:00| Telecompaper Headlines

(Telecompaper) The US FCC announced it's completed the auction of the upper 37 GHz, 39 GHz and 47 GHz bands, which started on 10 December 2019. The auction of 5G spectrum attracted total bids of USD 7.56 billion, and bidders won 99.9 percent of the licences on offer. 

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Telia raises dividend 4% after growth in FY results, sees lower cash flow in 2020

2020-01-29 09:33:00| Telecompaper Headlines

(Telecompaper) Telia Company increased its annual dividend by 3.8 percent to SEK 2.45 per share, after meeting its outlook for an increase in full-year cash flow. The company forecast lower cash flow in the coming year on an expected increase in capex. 

Tags: in results lower growth

 

P2 Science Raises $12 Million

2020-01-28 14:03:00| Happi Breaking News

HG Ventures and Chanel join investors BASF Venture Capital, Xeraya Capital, Elm Street Ventures, Connecticut Innovations and Ironwood Capital Connecticut.

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Ericsson raises dividend 50% as profits improve, margins on track

2020-01-24 08:58:00| Telecompaper Headlines

(Telecompaper) Ericsson announced a 50 percent increase in its dividend to SEK 1.50 per share, after reporting full-year results it says are on track to meet its medium and long-term targets. For the fourth quarter, the company posted sales up 4 percent to SEK 66.4 billion, and the adjusted operating margin more than doubled to 9.7 percent, close to its target of 10 percent for 2020.

Tags: on track improve ericsson

 

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