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Lenovo profits improve on cost cuts, mobile breaks even

2016-02-03 09:20:00| Telecompaper Headlines

(Telecompaper) Lenovo reported improved profits in its fiscal third quarter to December following cost cuts, while revenues were still lower on the weak PC market. Revenues fell 8 percent year-on-year to USD 12.91 billion and were down 3 percent after excluding exchange rate effects. Revenue from the PC business dropped 12 percent year-on-year to USD 8.03 billion, and mobile revenues were down 4 percent to USD 3.25 billion, while the enterprise business grew by 8 percent to USD 1.31 billion. The gross margin dipped to 14.6 percent from 14.9 a year ago. Operating profit still rose to USD 379 million from USD 325 million a year earlier, helped by the restructuring, and net profit increased to USD 300 million from USD 253 million. Lenovo said it was on track with its cost-cutting plans and expects to realise total savings of USD 650 million in the second half of this fiscal year and about USD 1.35 billion on an annual basis.

Tags: mobile cost improve breaks

 

3D Printing and Root-Cause Analysis Improve Machine Uptime

2016-02-02 19:49:00| Food Processing

3D printing with metals and other materials is giving new life to old machines and improving newer equipments performance.

Tags: analysis improve machine printing

 
 

Waste Management owns up to sub-par service to Prairie Village residents, vows to improve

2016-02-02 17:09:54| Waste Management - Topix.net

Paul Howe and Kent Harrell appeared before the Prairie Village City Council to address Waste Management's service troubles in the city. Representatives of Waste Management, the company that purchased Prairie Village's trash hauler Deffenbaugh Industries about a year ago, came before the city council on Monday to explain the missed pickups and poor response time to customers calls that have annoyed residents in recent months.

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FCA updating Euro 6 calibrations to improve emission performance under real driving conditions

2016-02-02 16:55:22| Green Car Congress

Tags: real conditions performance improve

 

How To Improve Your Home And Its 'Joy Score'

2016-01-30 16:20:49| Real Estate - Topix.net

The next time you're thinking about sprucing up your digs, consider these projects, which the National Association of Realtors' recent "Remodeling Impact Report" says can bring the greatest cost recovery or deliver the most happiness based on a "joy score." Even if you don't plan to sell your home in the near future, envision yourself as a potential buyer walking into your house for the first time.

Tags: home improve score joy

 

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