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Heartland Express, Inc. Reports Revenues and Earnings for the First Quarter of 2014

2014-04-24 11:24:11| Trucking - Topix.net

The Company posted an operating ratio of 90.8% and a 6.3% net margin in the first quarter of 2014.

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Qualcomm revenues rise 4% in Q2

2014-04-24 08:30:00| Telecompaper Headlines

(Telecompaper) Qualcomm's second-quarter revenues rose 4 percent year-over-year to USD 6.37 billion, in line with the company's outlook. Operating income for the three months to March was up 6 percent to USD 1.99 billion, net income increased 5 percent to USD 1.96 billion, and diluted earnings were USD 1.14 per share, up 8 percent from the prior year and better than expected. Operating cash flow declined 18 percent to USD 1.81 billion, and the chipmaker ended the quarter with cash of USD 32.1 billion. During the quarter, the company's MSM chip shipments rose 9 percent to 188 million units, and Qualcomm expects this to increase to 198-213 million in the fiscal third quarter. Revenues for the June quarter are expected flat to up 9 percent compared to a year ago, at USD 6.2-6.8 billion, while EPS will increase an estimated 9-20 percent to USD 0.98-1.08. Qualcomm maintained its outlook for 5-11 percent growth in annual sales and increased its EPS forecast, helped by its ongoing share buyback. 

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Eurostar Q1 revenues up 7%

2014-04-24 01:00:00| Railway Technology

Channel tunnel train operator Eurostar has reported that its sales revenues have increased by 7% to 227m for the first quarter (Q1) of 2014, compared with 213m for the same period in 2013.

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Facebook revenues surge 72% in Q1

2014-04-23 23:17:00| Telecompaper Headlines

(Telecompaper) Social media company, Facebook reported first quarter revenue of USD 2.50 billion, representing a significant year-on-year increase of 72 percent from USD 1.46 billion. Revenue from advertising rose 82 percent to USD 2.27 billion, with advertising revenue representing approximately 59 percent of advertising revenue, up from 30 percent. Payments and other fees revenue totalled USD 237 million. 

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OBR stands by oil revenues forecast

2014-04-23 17:34:25| Oil & Gas - Topix.net

The chairman of the UK Government's fiscal watchdog has defended its predictions for the future of the oil and gas industry, which reject the Scottish Government's suggestions of a new oil boom.

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