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Facebook Q2 profits surge as ads drive 59% sales jump

2016-07-28 07:46:00| Telecompaper Headlines

(Telecompaper) Facebook reported a record net profit for the second quarter, almost tripling that of a year earlier, as a surge in advertising sales drove a 59 percent jump in revenues over the period. Average revenue per user (ARPU) was USD 3.82 in the period, up 38.4 percent from USD 2.76 a year earlier. Chief executive Mark Zuckerberg said the company was particularly pleased with its progress in video as it moves towards a world where video is at the heart of all its services.

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U.S. Office Sector Enjoys Steady Q2 Leasing Momentum Even as Rent Growth Slows, Sales Stall

2016-07-28 03:32:00| National Real Estate Investor

Randyl Drummer <news@costar.com> The U.S. office market continued its steady momentum in the second quarter, recording 39.4 million square feet of net absorption in the first six months of 2016. read more

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Samsung profits boosted by smartphone sales

2016-07-28 02:31:34| BBC News | Business | UK Edition

Strong smartphone sales help Samsung Electronics post its best quarterly results in more than two years.

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BT posts underlying revenue growth, but EE sales slide

2016-07-28 02:00:00| Total Telecom industry news

U.K. incumbent presents solid Q1 figures, confirms full-year outlook; new mobile unit posts lower revenues than in year-ago quarter.

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Gildan Activewear Q2 profit slips on falling sales

2016-07-27 19:32:00| Daily apparel & textile news and comment - from just-style.com

Falling sales in its printwear and branded apparel businesses contributed to a 4.7% drop in second-quarter profit for Gildan Activewear, with the company also lowering the upper end of its earnings guidance for the year.

Tags: sales profit falling slips

 

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