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British Sugar sees 11% rise in 2013 sugar output

2014-01-20 07:38:57| Sugar Industry News

British Sugar expects to see a 11% rise in sugar production in 2013 up to 1.28m tonnes as it looks for a stronger UK sugar industry after European Union quotas are abolished in 2017.

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International Business Machines Corp. Sees Unusually Large Options Volume

2014-01-18 05:04:03| Semiconductors - Topix.net

Shares of International Business Machines Corp. was the recipient of some unusual options trading on Friday.

Tags: business international options large

 
 

Morgan Stanley sees earnings fall

2014-01-17 15:21:07| BBC News | Business | UK Edition

US banking giant Morgan Stanley sees quarterly net income more than halved by heavy legal fees relating to mortgage-backed securities.

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December sees strong retail sales

2014-01-17 11:10:18| BBC News | Business | UK Edition

UK retail sales in December were up 5.3% from a year earlier, official figures show - the fastest annual sales growth in more than nine years.

Tags: december sales strong retail

 

Intel posts modest growth in Q4, sees flat 2014

2014-01-17 09:07:00| Telecompaper Headlines

(Telecompaper) Intel reported modest growth for the fourth quarter, saying it sees signs of stabilisation in the PC market. The chipmaker's revenues rose 3 percent year-on-year to USD 13.8 billion, and the gross margin improved 4.0 percent points to 62.0 percent, at the high end of the company's outlook. Net profit increased 6 percent to USD 2.6 billion or 51 cents a share. The company generated USD 6.2 billion in cash from operations, paid dividends of USD 1.1 billion and used USD 528 million to repurchase 22 million shares of stock. Intel confirmed its outlook for 2014 of flat revenues, while noting its working on several new products that weren't on its roadmap six months ago, as part of efforts to stimulate sales. In 2013, Intel's core PC Client Group recorded revenues down 4 percent to USD 33.0 billion as demand for tablets eroded PC sales. The company's Data Centre activities grew a stronger 7 percent to USD 11.2 billion, while revenues from other products fell by 7 percent to USD 4.1 billion. In Q4, PC sales improved to 2 percent sequential growth and other architecture expanded by 4 percent from Q3. Intel forecast a slowdown in the first quarter, with group sales dropping to an estimated USD 12.8 billion.

Tags: posts growth flat intel

 

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