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Eagle Ford Or Eagle Flat? Active Rigs Drop 10%
2013-01-18 18:05:00| OGI
The South Texas shale is part of a broader E&P shift to development mode.
As drought persists, many scramble to save every drop of water
2013-01-18 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The drought that crippled many communities across the nation last year shows little sign of retreating, and the threat of persistent water scarcity is spurring efforts to preserve every drop. As the drought of 2012 creeps into 2013, experts say the slow-spreading catastrophe presents near-term problems for a key U.S. agricultural region and potential long-term challenges for millions of Americans. "Everyone is wondering whether this dry weather is the new norm ... or an anomaly that will soon...
Intel sees further drop in sales on slow PC market
2013-01-18 09:07:00| Telecompaper Headlines
(Telecompaper) Intel reported fourth-quarter revenues of USD 13.5 billion, down 3 percent from a year earlier and slightly below its guidance of USD 13.6 billion. Its gross margin fell to 58.0 percent from 64.5, and operating profit was down 31 percent year-on-year to USD 3.2 billion. Net profit declined 27 percent to USD 2.5 billion, and EPS was down 25 percent to 48 cents. The company generated USD 6 billion in cash from operations, paid dividends of USD 1.1 billion and used USD 1.0 billion to repurchase 47 million shares of stock. Revenues from the PC division fell 6 percent to USD 8.5 billion, while the data centre division grew by 4 percent to USD 2.8 billion. Revenue from other Intel products was down 7 percent to USD 1.0 billion. Intel CEO Paul Otellini said the market remained challenging. First-quarter revenues are forecast to drop to USD 12.7 billion, with a gross margin of 58 percent. Over the full year 2013, Intel expects a low single-digit increase in revenues and margin around 60 percent.
Higher revenue boosts Capital One Financial 4Q net, shares drop as results miss Street views
2013-01-18 04:41:50| IT Services - Topix.net
Capital One Financial Corp. says its fourth-quarter net income grew more than twofold, as revenue for the lender rose by 38 per cent from a year earlier.
Tags: net
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Barry Callebaut reports marginal drop in Q1 sales
2013-01-17 01:00:00| Food Processing Technology
Swiss cocoa and chocolate products manufacturer Barry Callebaut has reported a 0.6% decline in sales revenue to CHF1.25bn ($1.34bn) in the first quarter of fiscal 2013, compared to CHF1.26bn ($1.35bn) in the same quarter last year, due to lower compa
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