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Cisco sees revenue growth slowing
2015-11-13 08:32:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal first quarter to October up 3.6 percent year-on-year to USD 12.7 billion, in line with its outlook for 2-4 percent growth. Net profit rose 32.9 percent to USD 2.4 billion, and adjusted EPS was up 9.3 percent to USD 0.59, better than the company's forecast. Cisco CEO Chuck Robbins said the company saw lower-than-expected order growth in Q1, hurt by the uncertain macro-economic environment and currency fluctuations. As a result, revenue in fiscal Q2 is expected flat to 2 percent higher, and adjusted EPS is forecast at USD 0.53-0.55.
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CP Rail sees revenue up 2% despite decline in freight volumes
2015-10-20 17:30:24| Railroads - Topix.net
Freight volumes are down because of the fall of commodity prices, but CP Rail reported higher revenue and adjusted profit. Canadian Pacific Railway Ltd. was able to raise its freight revenue and achieve record profits in the third quarter, despite a drop in movement of key products such as crude oil, metal and minerals and automotive products.
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Louis Vuitton owner sees revenue rise
2015-10-13 03:55:38| BBC News | Business | UK Edition
Luxury goods giant LVMH Moët Hennessy Louis Vuitton has seen a rise in revenue from increased wine and spirit sales.
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Fitbit sees revenue more than triple
2015-08-06 07:09:20| BBC News | Business | UK Edition
Wearable technology company Fitbit sees its revenue beat expectations and more than triple to $400m (256m) in the second quarter.
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H&M sees Q2 revenue increase by 21 percent
2015-06-25 11:46:22| Appliances - Topix.net
Swedish budget fashion chain Hennes & Mauritz AB says its second-quarter revenue increased by 21 percent to 45.9 billion kronor , despite an unusually cold spring in many of its European markets. The three-month net profit was at 6.5 billion kronor , up 11 percent from the same period a year earlier.
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