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Procter&Gamble Co.’s share price down, posts a 1.7% increase in its third-quarter profit due to cost cuts

April 23, 2014 2:25 pm
Procter&Gamble Co. made a statement, revealing that its profit generated over the third quarter increased by 1.7% from 2.57 billion dollars a year earlier and reached 2.61 billion dollars due to decreasing costs. The company shared that its sales slightly decreased, while core earnings beat analysts forecasts. As reported by the Financial Times, the companys […] Read more

ARM Holding Plc’s share price down, posts slower growth of first-quarter revenue due to decreasing demand of high-end smartphones

April 23, 2014 12:08 pm
The semiconductor manufacturer ARM Holdings Plc, which is responsible for making chips used in about 95% of all smartphones, made an official statement today, announcing that its revenue from royalties over the first quarter of the current financial year slowed its growth due to decreasing demand for high-end smartphones. Mr. Simon Segars, the Chief Executive […] Read more

AT&T Inc.’s share price up, posts increasing revenue due to new subscribers, invests in online-TV service to expand reach

April 23, 2014 9:11 am
AT&T Inc. revealed that its first-quarter revenue increased by 3.6% in the first quarter, as the company added more subscribers and also thanks to customers who paid full smartphone price rejecting discounts offered by the company. AT&T Inc. posted a 32.5-billion-dollar revenue for the first three months of 2014. Mr. John Stephens said for reporters […] Read more