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Longbow Research Lowers Hub Group to Neutral

2014-10-25 06:31:00| Logistics - Topix.net

A number of other firms have also recently commented on HUBG. Analysts at Zacks downgraded shares of Hub Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, October 2nd.

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AT&T lowers FY revenue outlook

2014-10-23 08:26:00| Telecompaper Headlines

(Telecompaper) AT&T has lowered its annual revenue growth outlook to 3-4 percent, from 5 percent previously. The company blamed the downgrade on divestments, such as its Connecticut wireline assets sold to Frontier, an exit from low-margin wireline wholesale businesses and fewer customer additions for AT&T Next, its handset upgrade programme. For the third quarter, the US operator posted revenues up 2.5 percent year-on-year to USD 33.0 billion. Operating profit fell to USD 5.4 billion from USD 6.2 billion a year ago, hurt by higher costs for the integration of Leap and Alltel and the proposed takeover of DirecTV. Excluding these costs, the operating margin was 17.2 percent. Net profit fell to USD 3.0 billion or 58 cents a share, from USD 3.8 billion or 72 cents a share a year ago. Adjusting for USD 0.03 of the previously mentioned merger and integration-related expenses and USD 0.02 of costs for early debt redemption, EPS was USD 0.63, compared to USD 0.66 in the year-ago quarter. Cash from operating activities totaled USD 8.7 billion in the third quarter, and capital expenditures reached USD 5.2 billion.

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TheStreet Lowers Fairchild Semiconductor Intl to Hold

2014-10-18 18:32:29| Semiconductors - Topix.net

Fairchild Semiconductor Intl opened at 13.26 on Thursday. Fairchild Semiconductor Intl has a one year low of $12.01 and a one year high of $18.23.

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EBay lowers 2014 sales estimates

2014-10-15 23:24:14| BBC News | Business | UK Edition

EBay said sales for 2014 won't meet its prior estimates, saying the last three months of the year will be worse than thought.

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Agco lowers 3Q, full-year earnings forecasts

2014-10-07 17:07:17| Industrial Machines - Topix.net

Agricultural equipment maker Agco is cutting its third-quarter and full-year earnings forecasts, sayings its results are expected to be hurt by weaker sales in all regions, lower production and foreign currency translation. Agco now foresees third-quarter earnings between 60 cents and 65 cents per share.

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