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Revenue rise boosts Blackberry revival

2015-12-18 14:50:41| BBC News | Business | UK Edition

Blackberry reports revenues of $548m for the three months to November - 12% higher than the previous quarter.

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Q3 global mobile service revenue inches up

2015-12-18 01:00:00| Total Telecom industry news

Strategy Analytics says 4G uptake, China growth offset declines in Latin America.

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CSX Expected to Announce Realignment due to Coal Revenue Drop

2015-12-14 09:02:22| Steel - Topix.net

As employees of AK Steel in Ashland brace for impending layoffs to arrive during the last two weeks of the year, reports are coming in that CSX is planning to realign the Hunt ington district. According to The Akron Railroad Club https://akronrrclub.wordpress.com/2015/12/08/csx-expected-to-re-align-huntington-division/ : "CSX may announce that it plans to realign its Huntington Division in the wake of falling coal traffic, Trains magazine reported .

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Ariad shares fall as it cuts revenue guidance

2015-12-12 15:42:31| Biotech - Topix.net

Shares of Ariad Pharmaceuticals fell Friday after it cut revenue guidance as it continues to negotiate with French regulators over the price of its leukemia treatment, Iclusig. The Cambridge, Massachusetts-based developer of cancer treatments said that it previously expected to reach an agreement by the end of the year, but it now expects negotiations to continue into 2016.

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Ciena forecasts 8-9% FY revenue growth

2015-12-11 08:52:00| Telecompaper Headlines

(Telecompaper) Ciena reported revenues of USD 692 million for its fiscal fourth quarter to October, up from USD 591 million a year earlier and at the high end of its guidance. The net loss narrowed to USD 13.8 million from USD 30.7 million a year ago, and adjusted EPS improved to USD 0.42 per share from a loss of USD 0.08 a year earlier. The results were supported by the takeover of Cyan, which increased converged packet optical revenue to USD 484 million from USD 383 million a year ago. For fiscal Q1, the company forecast revenue of USD 555-590 million and adjusted gross margin around 44 percent. Over fiscal 2016, revenue is expected to grow 8-9 percent and the adjusted gross margin to stay in the mid-40s percent range. The adjusted operating margin is targeted at 11-12 percent. 

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