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CME: Pork Supplies Stay Lower Than a Year Ago
2013-10-21 02:00:00| ThePigSite - Industry News
US - So what did the USDA numbers tell us about the state of beef and pork supplies and some of the price trends in the spot market? Both cattle and pork supplies remain lower than a year ago, which has so far helped underpin pork and beef prices, according to Steve Meyer and Len Steiner.
US Stock Futures Mostly Lower Ahead Of Goldman Sachs Earnings
2013-10-18 05:18:03| Appliances - Topix.net
US stock futures traded mostly lower in early pre-market trade, ahead of jobless claims data and earnings from Goldman Sachs .
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Yahoo! profits still lower as revenue falls 5%
2013-10-16 08:59:00| Telecompaper Headlines
(Telecompaper) Yahoo! reported third-quarter net profit down 89 percent to USD 0.28 per share, after booking a gain the year-earlier period on the sale of Alibaba shares. Excluding the one-time items, profit fell 24 percent to USD 358 million. Revenue declined 5 percent to USD 1.1399 billion and was down 1 percent to USD 1.081 billion when excluding traffic acquisition costs. Display revenue fell 7 percent to USD 470 million due to pressure on ad prices, and search revenue was down 8 percent to USD 435 million on a lower price per click. Yahoo's adjusted EBITDA fell 19 percent to USD 331 million, and operating profit was down 39 percent to USD 93 million. CEO Marissa Mayer said she was still pleased with the company's execution, as it continues to invest in improving products and and made eight acquisitions during the quarter. The site's user base has grown 20 percent in the past 15 months to over 800 million monthly users, she said. After spending USD 1.7 billion share repurchases in the quarter, Yahoo had USD 3.2 billion in cash remaining at the end of September.
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Intel quarterly profit edges lower
2013-10-15 22:45:22| BBC News | Business | UK Edition
Computer chip maker Intel reports falling profits as sales to customers making desktop computers fall.
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US futures edge lower after Citigroup results
2013-10-15 14:59:19| Beverages - Topix.net
US stock futures edged lower on Tuesday after Citigroup reported a marginal fall in adjusted quarterly profit from ongoing businesses after the Federal Reserve's decision to continue its bond-buying program for longer than expected slowed trading by clients.
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