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FRANCE: Nine-month sales slide, but Pernod Ricard FY profits still set to rise

2014-04-24 11:35:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has reported a continued slide in sales for the first nine months of its fiscal year, but has confirmed its full-year operating profits guidance.

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Safeway profits slide as grocer prepares for merger

2014-04-24 03:34:58| Grocery - Topix.net

Safeway profit tumbled in the first quarter as the supermarket chain began to fully see the financial hit of selling hundreds of stores in Chicago and Canada.

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Apple profits beat expectations

2014-04-23 23:03:55| BBC News | Business | UK Edition

Technology giant Apple plans a share buyback after it reports profits of $10.2bn, selling a more than 43 million iPhones in the second quarter of 2014.

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US: "Strong" Q1 sees Dr Pepper Snapple Group profits leap

2014-04-23 15:15:00| Daily beverage news and comment - from just-drinks.com

Dr Pepper Snapple Group has hailed a strong start to 2014, as profits soared on steady sales.

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Ericsson Q1 sales fall 9%, profits improve

2014-04-23 08:50:00| Telecompaper Headlines

(Telecompaper) Ericsson reported first-quarter sales down 9 percent from a year earlier to SEK 47.5 billion, hurt by slower sales in North America and Japan. On a comparable basis, adjusted for currency, sales decreased 7 percent year-on-year and were down 28 percent compared to the fourth quarter. The company still improved its operating margin, to 5.5 percent from 4.0 a year ago, thanks to more mobile broadband capacity sales and lower restructuring charges. Total operating profit rose to SEK 2.6 billion from SEK 2.1 billion, and net profit increased 41 percent to SEK 1.7 billion. Helped by its new licence agreement with Samsung, Ericsson increased operating cash flow to SEK 9.4 billion, compared to a negative SEK 3.0 billion a year ago. Ericsson said it expects a number of key contract wins, such as LTE projects in China, Japan and Taiwan, to impact sales and the business mix in the second half of the year. However, the political uncertainty in parts of the Middle East and Africa is having a negative impact on sales. This could also spread to Ukraine and Russia, where Ericsson recorded SEK 5.9 billion in sales last year, the company warned.

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