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Ericsson Q4 sales stable, increases dividend 13%

2015-01-27 08:31:00| Telecompaper Headlines

(Telecompaper) Ericsson reported fourth-quarter sales up 1 percent year-on-year to SEK 68.0 billion. Adjusted for comparable units and currency effects, sales declined 2 percent. Ericsson said strong sales growth in the Middle East, Europe and Asia was offset by a continued decline in North America, as US operators focused on conserving cash for acquisitions and the spectrum auction. Ericsson's operating profit fell 30 percent year-on-year to SEK 6.3 billion, the drop due to an initial licensing payment from Samsung received in Q4 2013. Excluding this, operating profit improved, primarily driven by higher software sales and efficiency enhancements at its core business. This was partly offset by higher operating expenses, related to the planned ramp up of investments in targeted areas, Ericsson said. Ericsson said it was on track with its strategy outlined in November at its capital markets day, including planned cost reductions for the period to 2017 and the exit of the modem business. The company grew cash flow in 2014 to SEK 18.7 billion from SEK 17.4 the previous year and increased its dividend for the year by 13 percent to SEK 3.40 per share.

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Fitch Affirms Synagro-Baltimore LLC's Rev Bonds at 'BBB+'; Outlook Stable

2015-01-23 09:00:27| Waste Management - Topix.net

The Rating Outlook is Stable. The rating reflects Synagro's strong financial performance, which is anchored by the steady receipt of fixed contractual revenues and a history of stable operations.

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Fitch Affirms General Mills' IDRs at 'BBB+/F2'; Outlook Stable

2015-01-16 02:13:02| Agriculture - Topix.net

The company has also engaged in net share repurchases of $933 million year to date through November 2014, a portion of which were debt financed. Consolidated total debt-to-operating EBITDA was 3.25x, operating EBITDA-to-interest expense was 10x and funds from operations adjusted leverage was 4.5x for the latest 12 months ended Nov. 23, 2014.

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3D Si@C core-shell Li-ion anodes show high capacity, rate capability and stable cycling

2015-01-11 15:55:30| Green Car Congress

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Stable, strong real estate market ahead in 2015

2015-01-04 22:02:36| Real Estate - Topix.net

The double-digit appreciation may be gone, but realtors say a healthier economy should mean brighter days ahead for the housing market. Single-family home values went up nearly 5 percent in 2014, while the number of homes sold in the county went down.

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