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Alphabet posts strong revenue growth, higher taxes hit earnings
January 27, 2017 by admin · Leave a Comment
Google parent Alphabet Inc posted fourth-quarter profit below analysts' estimates on Thursday, hurt by a higher tax rate, but analysts cheered the company's progress in diversifying its business beyond advertising. While advertising still accounts for the lion's share …
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Alphabet posts strong revenue growth, higher taxes hit earnings
quarter
Revenue growth lifts UPS profit, confirms 2016 outlook
July 29, 2016 by publisher · Leave a Comment
By Nick Carey CHICAGO (Reuters) – United Parcel Service Inc reported a higher quarterly net profit on Friday that met analyst expectations as revenue grew across its business units, and the company reaffirmed its full-year earnings outlook despite global economic uncertainty. Like other package delivery companies, UPS has benefited from a rapid rise in ecommerce, but has also struggled to bring down the extra costs associated with making stops at individual residential addresses rather than at businesses. …
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Revenue growth lifts UPS profit, confirms 2016 outlook
quarter
Oil near six-month high as outages support
May 17, 2016 by creative · Leave a Comment
By Alex Lawler LONDON (Reuters) – Oil traded at around $49 a barrel on Tuesday within sight of a six-month high, supported by supply outages in Nigeria, Canada and other producers that are eroding a persistent glut. “Globally, there are still a lot of supply disruptions and this comes on top of natural declines,” said Olivier Jakob, oil analyst…
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Oil near six-month high as outages support
quarter
Home Depot raises forecasts after strong start to the year
May 17, 2016 by elegant · Leave a Comment
“After last week's dismal set of retail trading updates, Home Depot provides some much needed relief and also an indication of where consumers are spending their money,” Håkon Helgesen, an analyst at research firm Conlumino, said in a note. Home Depot said its strong start to the year was helped by “week-to-week demand spikes caused by weather variability,” which added $250 million to sales in the quarter.
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Home Depot raises forecasts after strong start to the year