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CNa s 2015 grain handle down, grain revenue up

2016-01-27 01:30:20| Railroads - Topix.net

Canadian National Railway's fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for 2014, for adjusted earnings per share of $4.44, up 18 per cent.

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AT&T Q4 revenue boosted 22% by DirecTV

2016-01-27 01:00:00| Total Telecom industry news

U.S. telco added 2.8 million mobile subscribers but its lucrative branded postpaid phone base declined.

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Apple revenue growth slows to 2% in latest quarter

2016-01-26 23:30:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal first quarter to December 2015 up just 2 percent year-on-year to USD 75.9 billion. The sales were at the low end of its forecast of USD 75.5-77.5 billion. Apple blamed the slower growth on the strong US dollar, saying revenues would have risen 8 percent at constant exchange rates. At constant rates, revenues were up 18 percent in Europe and 17 percent in greater China, while falling 1 percent in the Americas and 4 percent in Japan. The company's net profit rose to USD 18.4 billion or USD 3.28 per share, from USD 18.0 billion or USD 3.06 per share a year earlier, and Apple maintained its quarterly dividend at 52 cents a share. While Apple said it set a new record for iPhone sales in the quarter, after the launch of the iPhone 6s in September, unit sales of the smartphone were unchanged year-on-year at 74.78 million and revenues were up just 1 percent compared to the same quarter a year earlier. iPad sales fell 25 percent year-on-year to 16.12 million, and sales of Mac computers were down 3 percent over the same period to 5.31 million units. For fiscal Q2, Apple forecast a sharp slowdown in sales to USD 50-53 billion and a gross margin of 39.0-39.5 percent compared to 40.1 percent in Q1. 

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Weak demand sinks 3M's 4Q profit and revenue

2016-01-26 17:20:59| Chemicals - Topix.net

Weaker demand for consumer and industrial goods drove 3M's fourth-quarter profit and revenue lower, but the results still topped Wall Street expectations. The maker of Post-it notes, industrial coatings and ceramics reported a 12 percent drop in profit to $1.04 billion, or $1.66 per share.

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Global warning labels expected to see revenue increase

2016-01-26 06:00:00| Label and Narrow Web Breaking News

The market report includes up to date analysis and forecasts for various market segments and all geographical regions.

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