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Texas Instruments posts solid 3rd-quarter results, says business healthy

By Noel Randewich SAN FRANCISCO (Reuters) – Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. The Dallas, Texas-based … Continue reading

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Texas Instruments posts solid third-quarter results, says business healthy

By Noel Randewich SAN FRANCISCO (Reuters) – Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. The Dallas, Texas-based … Continue reading

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PGG Wrightson eyes higher earnings

PGG Wrightson believes it can better the $58.7 million operating earnings achieved in the year to 30 June 2014. Chief executive Mark Dewdney has told this to shareholders at today’s annual meeting in Napier. He says, while the reduction in … Continue reading

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IBM ditches 2015 operating EPS target, shares slump 7 pct

By Marina Lopes and Anya George Tharakan REUTERS – International Business Machines Corp reported a marked slowdown in business in September and abandoned its 2015 operating earnings target on Monday, as weak client spending and a slumping software sector weighed … Continue reading

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PRESS DIGEST – Wall Street Journal

Oct 20 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Democrats, worried as polls show their chances of retaining control of … Continue reading

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Investor group aims to buy Reebok unit

NEW YORK (Reuters) – An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported Sunday. Jynwel … Continue reading

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HSBC fall weighs on UK’s FTSE as rebound loses steam

* FTSE 100 falls 0.4 pct * HSBC edges lower after Citigroup (NYSE: C – news) price target cut * Tesco (Xetra: 852647 – news) up on media report of bid interest for Asian assets By Sudip Kar-Gupta LONDON, Oct … Continue reading

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HSBC fall weighs on FTSE as rebound loses steam

By Sudip Kar-Gupta LONDON (Reuters) – Britain’s top equity index slipped on Monday, as last week’s bounce off 15-month lows faded and a dip in the shares of global bank HSBC pegged back the market. The blue-chip FTSE 100 index, … Continue reading

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European shares halt sell-off; Rolls-Royce sinks

PARIS (Reuters) – European stocks rose in early trading on Friday, halting the week’s sharp drop after Wall Street pared losses as macro data soothed fears about the U.S. economic outlook. At 0803 GMT (09:03 a.m. BST), the FTSEurofirst 300 … Continue reading

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TCS slumps nearly 9 percent, earnings miss estimates

By Nivedita Bhattacharjee and Sumeet Chatterjee MUMBAI (Reuters) – Tata Consultancy Services Ltd , India’s biggest software services exporter, posted a 13.6 percent rise in quarterly net profit, but missed analyst estimates on weakness in outsourcing demand in Latin America … Continue reading

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