In Fiscal Year 2011, 5, 780 new jobs were created by minority-owned firms working with MBDA and its network of business center, and overall has created more than 16, 300 new jobs for Americans between FY 2009-FY 2011.
In FY 2007- 2009, Hitachi recorded losses totaling JPY 952 billion (USD 12.2 billion).
The Indian Government seeks to reduce its budget deficit to 5.5% of GDP in FY 2010-11, down from 6.8% in the previous fiscal year.
The company expects further dilution of 3-4 cents a share in FY 2012, and 1-2 cents in FY 2013.
In enterprise services, the company sees revenues down 11%-13% in FY 2013, with operating margins of 0%-3%.
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The loss in the first half of FY 2011 (April-September 2010) was JPY3.1 billion.
The deal is expected to be accretive to earnings in FY 2013 by 24-27 cents a share.
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Intuit posted better-than-expected results for its fiscal first quarter ended October 31, though enthusiasm or the beat could be tempered by lighter-than-expected FY Q2 guidance.
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The company projected FY Q2 profits of 47-48 cents a share, about in line with the Street at 48 cents.
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Adobe said non-GAAP margins in FY 2012 should at a similar level to those in FY 2011.
Walkley is projecting Z10 unit sales of 13.9 million for FY 2014, with total company-wide units of 31.78 million units.
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In FY 2011, tax and non-tax revenues total JPY 48.1 trillion.
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Cree said the deal should be slightly dilutive to GAAP profits for the balance of FY 2012, and accretive to non-GAAP for the same period.
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For FY Q4, the company sees a non-GAAP profit of 6-8 cents a share.
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The deal is expected to be accretive to non-GAAP EPS by Q3 of FY 2013 with more significant accretion in FY 2014.
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The analyst estimates that a 10% reduction in the per-sub monthly fee would hit FY 2012 EPS estimates by about 50 cents a share.
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On a discounted cash flow basis, he adds, the market is valuing the stock as if it will show free cash flow growth of -2% in perpetuity beyond FY 2012.
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Attorneys predict that after April 1, when the H-1B filing period starts for FY 2014 (for foreign nationals starting work on October 1, 2013), the annual limit will be reached within days or weeks.
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Chairman and acting CEO Guerrino De Luca said that after he recently resume the CEO position, the company conducted an in-depth assessment of the business for FY 2012 and beyond.
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Moreover, he thinks that FY March 2012 guidance could be above the current sell-side consensus.
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Beyond FY 2012, the company said, it expects double-digit revenue growth.
With the company targeting an overall 8-9% growth from emerging markets over FY 13, investors have reason to expect slightly improved numbers from these markets in the upcoming quarterly results.
For FY Q1, Analog Devices sees revenue down 5%-10% sequentially, with EPS of 44-51 cents a share, below the Street at 60 cents.
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Walgreens said the deal will be dilutive to FY Q4 financial results by about 3 cents a share due to one-time transaction costs.
We have lowered near-term iPhone unit estimates, but we have increased our FY 2013 iPhone estimates as we anticipate very strong demand for an LTE iPhone 5 ramping during the December quarter.
For FY Q3, the company sees revenue up 25.5%, and non-GAAP profits of 31 cents a share, ahead of the Street at 20 cents.
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The official data from the State Department show that L-1 visa approvals went from 35, 896 in Fiscal Year (FY) 2010 to 25, 898 in India in FY 2011, a drop of approximately 10, 000 visas.
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But this is lower-margin business that contributed only JPY 50.3 billion in gross profits in FY 2010.
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Hewlett-Packard this afternoon reported slightly better-than-expected results for its fiscal fourth quarter ended October 31, but the good news was offset by weaker-than-expected guidance for the fiscal first quarter ending in January and for all of FY 2012.
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In what has to be seen as a very positive sign for IT spending, tech consulting firm Accenture this afternoon reported better-than-expected results for its fiscal fourth quarter ended August 31, provided strong guidance for FY 2012, and announced a 50% dividend increase.
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