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Samsung Q2 outlook falls short of expectations

2013-07-05 08:36:00| Telecompaper Headlines

(Telecompaper) Samsung said it expects to report sales of KRW 56-58 trillion and operating profit of KRW 9.3-9.7 trillion for the second quarter. That's up from sales of KRW 47.60 trillion and operating profit of KRW 6.46 trillion in the second quarter of 2012. Samsung's shares fell almost 4 percent after the news, as the forecast fell short of market expectations for the Korean company's quarterly earnings. A poll of 34 analysts by Bloomberg estimated on average an operating profit of KRW 10 trillion for Q2.

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HTC Q2 net profit falls 83%

2013-07-05 02:00:00| Total Telecom industry news

Taiwanese handset maker has new devices in the pipeline, but will face stiff competition.

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Pound falls as Bank warns over rates

2013-07-04 13:19:44| BBC News | Business | UK Edition

The pound falls sharply after the Bank of England warns that markets are wrong in expecting interest rates to rise so soon.

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UK: Nicole Farhi falls into administration

2013-07-03 15:37:52| Daily apparel & textile news and comment - from just-style.com

Upmarket UK fashion retailer Nicole Farhi has fallen into administration, with falling high street spending coupled with rising costs blamed for the move.

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Linn Falls After SEC Inquiry Of Berry Acquisition

2013-07-02 16:35:00| OGI

Commission staff notified the partnership of a private, non-public inquiry of Linn and affiliate LinnCo LLC, the companies said in a statement.

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