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Cogeco Cable, parent, both report higher Q2 revenue, but profit drops
2015-04-09 08:15:52| Telecom - Topix.net
Cogeco Cable Inc. and its parent, Cogeco Inc. , have both reported increases in revenue in the second quarter, but say net profits declined as a result of depreciation and other expenses. Montreal-based Cogeco Cable, which provides television, Internet and telephone services to customers in Quebec, Ontario and parts of the United States, reported after markets closed Wednesday that net profit fell to $58.9 million or $1.19 per diluted share from $60.4 million or $1.23 per share in the same 2014 period.
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Alcoa swings to profit, but revenue misses
2015-04-09 00:09:05| Industrial Machines - Topix.net
Alcoa Inc. swung to first-quarter profit on revenue growth that mostly stemmed from strong volume in its divisions that make parts for the automotive and aerospace markets and a boost from stronger aluminum prices. Alcoa's earnings report unofficially marks the start of the first-quarter earnings reporting season, one that is expected to be weak as many U.S. companies get hit by effects from lower oil prices, imports and a stronger U.S. dollar.
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Hudson's Bay triples Q4 profit
2015-04-07 18:22:00| Daily apparel & textile news and comment - from just-style.com
Canadian department store operator Hudson's Bay more than tripled its fourth-quarter net profit, driven by a surge in digital sales and further progress with the integration of luxury retailer Saks.
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Samsung Q1 profit falls less than expected
2015-04-07 08:54:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported preliminary revenues of KRW 47 trillion for the first quarter, down from KRW 54 trillion a year earlier. Operating profit fell to KRW 5.9 trillion from KRW 8.5 trillion a year ago. While the company continued to post lower results, the drop in profit was less than expected by analysts polled by Bloomberg. The analyst consensus was for revenues of KRW 50.1 trillion and profit of KRW 5.5 trillion. Samsung will give a full quarterly report later this month.
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HTC posts Q1 profit, revenues up in line with outlook
2015-04-07 08:45:00| Telecompaper Headlines
(Telecompaper) HTC reported first-quarter net profit of TWD 0.36 billion, reversing a loss of TWD 1.88 billion a year earlier. The smartphone maker's revenues rose to TWD 41.52 billion from TWD 33 billion a year ago, just meeting its outlook for sales of TWD 41.5-45 billion in the quarter. According to the preliminary figures, operating profit improved to TWD 0.02 billion compared to a loss of TWD 1.88 billion in Q1 2014. A full quarterly report will be released at a late date.
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