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Southwest Airlines meets 2Q earnings expectations, misses revenue forecasts

2015-07-23 13:53:24| Airlines - Topix.net

The Dallas-based company said it had net income of 90 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were $1.03 per share.

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Vodacom service revenue growth improves to 4.7%

2015-07-23 13:29:00| Telecompaper Headlines

(Telecompaper) African mobile operator Vodacom reported revenues for the June quarter up 7 percent year-on-year to ZAR 19.56 billion, led by a steady improvement in its home market South Africa and double-digit growth elsewhere in Africa. Organic service revenue growth was 4.7 percent, to a total ZAR 15.66 billion, with a 2.8 percent rise in South Africa and an 11.3 percent increase at the international operations. Data grew to over 30 percent of service revenue, or ZAR 4.85 billion, up 35.2 percent from a year earlier. The active customer base increased 6.5 percent to 63.5 million at the end of June, and data customers were up 10.8 percent to 28.0 million. Compared to March, Vodacom added 1.2 million new customers in South Africa, for a total 33.31 million. At the international operators, the DRDC led growth, gaining just under 700,000 new customers, and Mozambique added 154,000 new subscribers, while the Tanzania base was slightly lower on a sequential basis. 

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Texas Instruments posts slightly higher Q2 profit on lower revenue, warns of a worse Q3

2015-07-23 00:40:57| Electronics - Topix.net

As Texas Instruments Inc. warned three months ago, its second-quarter financial results were lukewarm and it forecast that the July-to-September quarter will be even worse. The Dallas-based chipmaker today reported a slightly higher second-quarter profit on lower revenue as the company continued to battle weak demand in certain areas and big drops in foreign currency exchange rates relative to the strong U.S. dollar.

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Annual Revenue from Global Solar PV Installations is Expected to Surpass $151 Billion in 2024

2015-07-22 22:31:00| Transmission & Distribution World

A new report from Navigant Research examines the market for solar photovoltaic, including forecasts for capacity and revenue, segmented by region and country, through 2024. read more

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Huawei Technologies' first-half smartphone revenue more than doubles in China

2015-07-22 08:09:26| Energy - Topix.net

Huawei Technologies Co Ltd [HWT.UL] more than doubled its China smartphone revenue in the first half of 2015, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc [XTC.UL] and Samsung Electronics Co Ltd at the high-end of the market, where analysts said an increasing number of previously price-conscious Chinese consumers are willing to spend their money. In contrast to Huawei, overall smartphone shipments in China shrank for the first time in six years in the first quarter, and one-time leader Xiaomi booked its first fall in sequential semi-annual sales, saying the domestic market is nearing saturation.

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