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Mauritius sugar producer Alteo's pre-tax profit down 63 pct in Q2

2016-02-12 07:29:22| Sugar Industry News

Feb 11 Mauritius sugar producer Alteo's pre-tax profit fell 63 percent to 243 million Mauritius rupees ($6.87 million) in the three months to Dec. 31, the company said on Thursday, blaming lower energy tariffs and a temporary mill closure in Kenya.

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Tesla projects GAAP profit in Q4 2016; 80k-90k new Model S and Model X in 2016

2016-02-11 10:56:30| Green Car Congress

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Half-year sales lift for Pernod Ricard, profit growth forecast for full-year

2016-02-11 10:40:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has reported a high single-digit rise in sales in its first half, with the earlier Chinese New Year benefiting its second quarter.

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Nokia ups dividend as Q4 profit increases 63%

2016-02-11 08:28:00| Telecompaper Headlines

(Telecompaper) Nokia reported revenues from continuing operations up 3 percent year-on-year in the fourth quarter to EUR 3.6 billion. The result excludes the Here division sold to carmakers. Sales growth was helped by currency effects; excluding these, revenues fell 3 percent. The Networks division posted sales down 5 percent, while the licensing business Nokia Technologies more than doubled sales, thanks to the arbitration pay-out from Samsung. Nokia's net earnings rose to EUR 0.13 per share from EUR 0.08 a year ago, driven by cost reductions. Nokia will pay a dividend of EUR 0.16 per share for 2015 and a special dividend of EUR 0.10 per share, up from EUR 0.14 last year. Nokia CEO Rajeev Suri said the company delivered on its annual targets, but the outlook appears more difficult, as LTE roll-outs in China and other markets start to slow. Following the start of operations with Alcatel-Lucent in January, Nokia said it will focus on operational and commercial discipline, ensuring synergies are delivered as quickly as possible.

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Softbank reports 26% fall in nine-month profit

2016-02-11 01:00:00| Total Telecom industry news

Japanese operator's revenue increases 7.9% to 6.8 trillion on strong domestic growth, U.S. dollar.

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