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Infosys posts 5% net-profit rise, raises outlook
2015-07-21 08:17:13| IT Services - Topix.net
Infosys Ltd. on Tuesday reported a 5% rise in its net profit in the first quarter, driven by higher revenues from its traditional outsourcing services. India's second-largest software exporter by sales said net profit in the three months ended June 30 stood at 30.30 billion rupees , compared with 28.86 billion rupees a year earlier.
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Millicom posts revenue growth but slips into the red
2015-07-21 02:00:00| Total Telecom industry news
Emerging markets operator aims to become Latin America's second largest cable operator.
Prestwick Airport posts 8.9m loss
2015-07-21 01:00:00| Airport Technology
Glasgow Prestwick Airport's losses increased as the number of flights reduced due to decrease in passenger traffic.
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Share market posts best weekly gain since February, closes flat
2015-07-17 11:44:01| Agriculture - Topix.net
After a three-day rally, the Australian share market ran out of steam today, ending the day flat despite posting its best weekly gain since early February. The All Ordinaries put on just 3 points to 5,653 and the ASX 200 was steady at 5,670.
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America Movil posts fall in Q2 revenues, EBITDA
2015-07-17 08:33:00| Telecompaper Headlines
(Telecompaper) America Movil reported second-quarter revenues down 0.1 percent to MXN 220 billion, hurt by weak results in its home market Mexico, the economic slowdown in its largest market Brazil and currency effects. EBITDA fell 5.0 percent to MXN 68.3 billion pesos, and the EBITDA margin declined from 32.6 percent to 31.1 percent. At constant exchange rates, service revenues were down 0.5 percent in the period, and EBITDA fell 3.1 percent. Operating profit was still up 2.2 percent to MXN 36.3 billion, helped by lower depreciation, amortisation and impairment charges. While the company recorded a 24 percent drop in financing costs, increased losses from its affiliates in Europe (Telekom Austria and KPN) led to a 16 percent fall in net profit to MXN 14.0 billion. Over the first half of the year, America Movil's capital expenditures reached MXN 70.9 billion, and it also spent MXN 23.1 billion on share buybacks.
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