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Lower prices likely offsetting Mexico's tariffs on U.S. pork exports

2018-11-02 20:28:40| National Hog Farmer

U.S. fresh and frozen pork products subject to tariffs have maintained same levels.

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Swisscom Q3 results slightly lower, maintains FY outlook

2018-11-01 10:49:00| Telecompaper Headlines

(Telecompaper) Swisscom's results were broadly in line with expectations for the first nine months of 2018. In Q3, the group's net revenue decreased by 1 percent to CHF 2.88 billion, and EBITDA fell by 0.5 percent to CHF 1.09 billion. Net income in Q3 was down by 0.9 percent to CHF 426 million. The financial outlook for the 2018 fiscal year remains unchanged. Swisscom still expects to generate stable net revenue of approximately CHF 11.6 billion, slightly lower EBITDA of about CHF 4.2 billion and capital expenditure of less than CHF 2.4 billion in 2018.

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BT reports lower H1 revenue, ultrafast roll-out passes 2 million premises

2018-11-01 10:34:00| Telecompaper Headlines

(Telecompaper) BT Group has reported revenue of GBP 11.59 billion for the fiscal half year to 30 September, down 2 percent from GBP 11.78 billion a year earlier. Adjusted revenue fell 1 percent to GBP 11.62 billion as consumer business growth was offset by declines in the enterprise business and regulated price reductions for Openreach. Reported profit before tax was GBP 1.35 billion for the six months, with adjusted EBITDA up 2 percent to GBP 3.67 billion, driven mainly by higher volume and mix of high-end smartphones in the consumer business and restructuring-related cost savings. 

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Samsung Q3 profit grows on memory chip demand, offsetting lower smartphone results

2018-10-31 09:11:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported a strong increase in third-quarter results, led by sales of its memory chips and growing demand for OLED panels. This helped offset a decline in profits from smartphones, hurt by tough competition and soft demand. Samsung said it expects a slowdown in results in the fourth quarter as seasonality affects the components business. 

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China's new animal feed standards set to lower soybean consumption

2018-10-29 01:00:00| ThePigSite - Industry News

CHINA - 28 October 2018 (Reuters): New standards of protein content in animal feed that China announced on Friday will cut the country's annual soymeal consumption by 11 million tonnes and soybeans by 14 million tonnes, according to a statement from the agricultural ministry seen on Sunday

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