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Dow Chemical posts loss for quarter
2013-01-31 20:12:39| Chemicals - Topix.net
Dow Chemical saw significant deterioration in key markets during the fourth quarter, particularly in China, and posted a wider fourth-quarter loss Thursday.
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Deutsche Bank reports heavy loss
2013-01-31 18:15:15| BBC News | Business | UK Edition
Deutsche Bank reports a surprise 2.2bn-euro loss in the fourth quarter of 2012 after writing off investments and setting aside money for likely litigation.
Peatland Forest Loss and Climate Change
2013-01-31 17:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Environmental News Network: The destruction of tropical peatland forests is causing them to haemorrhage carbon dioxide into the atmosphere, scientists say. The research, published in Nature, suggests peatland contributions to climate change have been badly underestimated. 'If you don't consider carbon lost through drainage then you underestimate the carbon losses from these deforested sites by 22 per cent,' says Dr Vincent Gauci of the Open University, one of the study's authors. 'And that's a conservative estimate; it could...
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AK Steel 4Q loss widens; still beats estimates
2013-01-31 14:46:59| Steel - Topix.net
Notre Dame College has offered Mount Healthy strong safety Eric Pringle, according to Mount Healthy coach Arvie Crouch.
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Ericsson posts Q4 loss on ST-Ericsson charges, sales up 5%
2013-01-31 08:50:00| Telecompaper Headlines
(Telecompaper) Ericsson reported a net loss for the fourth quarter, hurt by charges for its planned exit of the ST-Ericsson venture, while sales at the network equipment maker improved. Revenues were up 5 percent from a year earlier and 23 percent higher versus the third quarter at SEK 66.9 billion. Operating profit excluding joint ventures rose 17 percent year-on-year to SEK 4.8 billion, helping the margin improve to 7.1 percent from 6.4. The net result was a loss of SEK 6.3 billion, which includes SEK 8.0 billion in charges for ST-Ericsson and SEK 0.5 billion for a reduction in deferred tax assets due to the cut in tax rates in Sweden. Ericsson improved operating cash flow to SEK 15.7 billion in the quarter and finished the year with total cash of SEK 38.5 billion. The company raised its dividend for 2012 to SEK 2.75 per share from SEK 2.50 a year ago.
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