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Hormel Posts In Line 2Q Results

davidguide — Thu, 26 May 2011 16:50:45 +0000

Hormel’s 2Q11 EPS of 40 cents was above 34 cents in the corresponding period of fiscal 2010 and in line with the Zacks Consensus Estimate.

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3 big paper firms post fiscal 2010 losses

davidguide — Thu, 26 May 2011 02:44:44 +0000

Three of Japan’s six major paper manufacturers posted consolidated net losses for fiscal 2010. Companies said the red ink was partially the result of damage to their major factories in the …

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OECD pegs India’s growth at 8.5% in 2011-12

davidguide — Wed, 25 May 2011 12:44:47 +0000

The OECD on Wednesday pegged India’s growth at 8.5 per cent for the current fiscal, indicating that economic expansion would be slower. The Organisation for Economic Cooperation…

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Take-Two (NSDQ: TTWO) Fiscal Q4 Loss Widens As Revenue Dips

davidguide — Tue, 24 May 2011 22:46:27 +0000

Take-Two Interactive (NSDQ: TTWO) announced Tuesday a fiscal fourth quarter loss that widened from a year ago as revenue dipped 22 percent in the period. The videogame developer said it lost $22.4 million or 27 cents a share, compared to a loss of $9.7 million or 13 cents a share in the fourth quarter a [...]

This article ( Take-Two (NSDQ: TTWO) Fiscal Q4 Loss Widens As Revenue Dips ) was originally developed by and is property of American Banking News . Checkout American Banking News for up-to-date banking news and peer to peer lending news.

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HomeServe Fiscal 2011 Profit Rises – Update

davidguide — Tue, 24 May 2011 08:45:43 +0000

British home insurance firm HomeServe Plc (HSV.L) Tuesday reported a higher profit for fiscal 2011, reflecting good business growth in the U.K. and increasing momentum in its international operations. The company also said it has made a good start to the new financial year and looks forward to another year of strong growth.

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Summary Box: Campbell Soup 3Q net income rises

davidguide — Mon, 23 May 2011 18:47:40 +0000

THE NEWS: Campbell Soup Co.’s third-quarter net income rose 11 percent thanks in part to rising sales of baked goods and snacks, which helped offset weak soup numbers.

THE CONTEXT: Rather than cutting prices to drive sales, Cambell is stepping up advertising and introducing new products.

WHAT’S NEXT: For the fiscal year ending in July, Campbell Soup expects adjusted earnings per share to decline between 1 percent and 3 percent from last year’s adjusted results of $2.47 per share. Read more on NewsOK.com

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Tokyo Electric reports $15.2 billion loss due to nuclear crisis

davidguide — Mon, 23 May 2011 04:46:48 +0000

Tokyo Electric Power reported on Friday a group net loss of $15.2 billion (JPY 1.24 trillion) for fiscal year 2010. The amount excludes compensation to residents and businesses affected by the Fukushima Daiichi nuclear disaster.

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Latest state revenue estimate adds to available funds

davidguide — Sun, 22 May 2011 00:45:51 +0000

The deadline for having a state budget in place is now about a month-and-a-half away. The numbers Delaware lawmakers and budget-writers will use to develop a final spending plan are starting to come into focus. Monday, the Delaware Economic and Financial Advisory Council approved projections of additional revenues totaling $23.5-million for fiscal year ’11, and $24.1-million for fiscal year ’12, which begins July 1st. Personal income taxes were figured into the projections for the first time since the May 2nd filing deadline, and account for the bulk of the increase. The gross receipts tax is also running ahead of original projections by $2.5-million. Revenue subcommittee chairman Ken Lewis, an economics professor at the University of Delaware, is encouraged overall, particularly with the gross receipts tax trend. “There’s a lot going on in this economy, and some bright spots,” Lewis said.

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Inflation pressure stays due to commodities, fuel: Pranab

davidguide — Sat, 21 May 2011 10:47:28 +0000

The RBI expects inflation to stay high in the first half of the fiscal year before easing, and ending the year at around 6%

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Leo Donohue, Longtime State Auditor, Dies

davidguide — Fri, 20 May 2011 20:45:20 +0000

Leo V. Donohue, who as state auditor spent nearly 25 years uncovering fiscal abuses in government, died Friday. He was 86.

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