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Bharti hits customer milestone, but profit dips
2016-01-28 01:00:00| Total Telecom industry news
Indian operator has more than 350 million customers across 20 countries.
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Qualcomm profit falls less than expected, sees better H2
2016-01-27 23:01:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported a smaller-than-expected drop in profit for its fiscal first quarter to December, citing strong 3G/4G device shipments and its cost-cutting efforts. Revenues were still down 19 percent year-on-year to USD 5.8 billion, while net profit dropped 24 percent to USD 1.5 billion. EPS declined 15 percent to USD 0.99, a smaller drop than the 23-32 percent forecast earlier by the company. For fiscal Q2, Qualcomm forecast a further drop in sales, of 17-29 percent on an annual basis to USD 4.9-5.7 billion. EPS is expected to improve 10-25 percent from a year earlier to USD 0.90-1.00, helped by its share repurchases. The company said design traction for its new Snapdragon 820 processor remains strong, and it expects improving trends in the chipset business in the second half of fiscal 2016.
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Biogen 4Q profit falls on costs, but tops forecasts
2016-01-27 20:23:55| Biotech - Topix.net
In this Feb. 15, 2006, file photo, two women walk by Biogen Idec corporate headquarters in Cambridge, Mass. Biogen reports financial earnings Wednesday, Jan. 27, 2016.
United Technologies tops 4Q profit forecasts
2016-01-27 17:33:05| Paper - Topix.net
On a per-share basis, the Farmington, Connecticut-based company said it had net income of $3.86. Earnings, adjusted for one-time gains and costs, were $1.53 per share.
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CGI Group posts 1Q profit, results top Wall Street estimates
2016-01-27 16:17:45| IT Services - Topix.net
The Montreal-based company said it had net income of 56 cents per share. Earnings, adjusted for non-recurring costs, came to 63 cents per share.
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