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Man Utd shares fall on Sir Alex news

2013-05-08 17:05:36| BBC News | Business | UK Edition

Manchester United shares fall in New York amid concerns over the impact Sir Alex Ferguson's retirement will have.

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Coal mines methane curbs fall victim to US EPA budget cuts

2013-05-08 15:37:49| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Methane emissions from coal mines escaped being curbed by the Environmental Protection Agency, which said mandatory U.S. budget cuts didnt leave it with the resources to determine if the pollution is a significant risk. The EPA rejected a petition from environmental groups, which three years ago asked the agency to limit the greenhouse gases released from the mines. The agency must prioritize its regulatory actions. This is especially the case in light of limited resources and ongoing budget...

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US: JC Penney Q1 sales likely to fall 16%

2013-05-08 14:51:00| Daily apparel & textile news and comment - from just-style.com

Beleaguered department store retailer JC Penney expects first quarter sales to slump by a further 16.4% as the company continues to under-perform.

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Deutsche Telekom Q1 revenues fall 4.5%

2013-05-08 08:30:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported first-quarter revenues down 4.5 percent year-on-year to EUR 13.8 billion. Adjusted EBITDA fell 4.3 percent to EUR 4.3 billion, giving an unchanged margin of 31.1 percent, and net profit was up 3.5 percent to EUR 564 million. Free cash flow for the first three months of the year declined 7.5 percent to EUR 1.0 billion, as capex rose almost 40 percent to EUR 3.0 billion due to the costs of new spectrum licences in the Netherlands. Deutsche Telekom maintained its full-year guidance for free cash flow of around EUR 5 billion and adjusted EBITDA of EUR 17.4 billion (excluding MetroPCS). The German operator said it resolved some major issues in the quarter, including closing the merger of T-Mobile USA and MetroPCS and the approval of new broadband regulations in Germany. T-Mobile USA reported its first growth in branded customers in four years in Q1 and has sold over half a million iPhones since launching the Apple phone in April.

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Sainsbury's sales up as profits fall

2013-05-08 08:23:42| BBC News | Business | UK Edition

Sainsbury's reports a slight fall in full-year profits, despite rising sales, and confirms it is taking full ownership of Sainsbury's Bank

Tags: sales fall profits sainsburys

 

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