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Deutsche Bank posts surprise loss
2014-01-19 22:40:27| BBC News | Business | UK Edition
Deutsche Bank reports a surprise loss for the final quarter of 2013, publishing its results before they were expected.
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loss
bank
deutsche
Intel posts modest growth in Q4, sees flat 2014
2014-01-17 09:07:00| Telecompaper Headlines
(Telecompaper) Intel reported modest growth for the fourth quarter, saying it sees signs of stabilisation in the PC market. The chipmaker's revenues rose 3 percent year-on-year to USD 13.8 billion, and the gross margin improved 4.0 percent points to 62.0 percent, at the high end of the company's outlook. Net profit increased 6 percent to USD 2.6 billion or 51 cents a share. The company generated USD 6.2 billion in cash from operations, paid dividends of USD 1.1 billion and used USD 528 million to repurchase 22 million shares of stock. Intel confirmed its outlook for 2014 of flat revenues, while noting its working on several new products that weren't on its roadmap six months ago, as part of efforts to stimulate sales. In 2013, Intel's core PC Client Group recorded revenues down 4 percent to USD 33.0 billion as demand for tablets eroded PC sales. The company's Data Centre activities grew a stronger 7 percent to USD 11.2 billion, while revenues from other products fell by 7 percent to USD 4.1 billion. In Q4, PC sales improved to 2 percent sequential growth and other architecture expanded by 4 percent from Q3. Intel forecast a slowdown in the first quarter, with group sales dropping to an estimated USD 12.8 billion.
Tata posts strong revenue, profit growth as outsourcing market recovers
2014-01-16 20:48:01| IT Services - Topix.net
Tata Consultancy Services reported strong growth in revenue and profit in the fourth quarter, taking advantage of an improvement in key markets for offshore services like the U.S. and Europe.
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market
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growth
Bank of America posts strong profits
2014-01-15 15:54:45| BBC News | Business | UK Edition
Bank of America, the second largest US bank, reports a rise in fourth quarter profits, as credit conditions improve.
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america
strong
bank
CHS Posts First Quarter Earnings for Fiscal 2014
2014-01-14 19:20:42| Agriculture - Topix.net
CHS Inc. , a farmer-owned cooperative and a global energy, grains and foods company, reported net income of $242.2 million for the first quarter of its 2014 fiscal year.
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quarter
fiscal
earnings
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