The Performance Improvement Programme has progressed well. The actions taken by the end of June amount to annualized savings of EUR 71 million.
TietoEnator Corporation has received an announcement pursuant to the Securities Market Act regarding a change in its shareholding.
Diluted earnings of $1.98 per share, up 28 percent; up 32 percent without a prior-year gain from the sale of PSD; Total revenues of $26.8 billion, up 13 percent; Global Technology Services revenues up 15 percent; pre-tax income up 26 percent; Global Business Services revenues up 18 percent; pre-tax income up 31 percent; Total Services signings of $14.7 billion, up 12 percent; $12.2 billion at constant currency, up 4 percent; Short-term services signings up 18 percent; up 9 percent at constant currency; Software revenues up 17 percent; pre-tax income up 19 percent; Systems revenues up 10 percent; System z mainframe up 32 percent; E/ME/A revenues up 20 percent; Asia Pacific up 16 percent; U.S. up 5 percent; 18 percent of geographic revenues from growth markets, up 21 percent; up 14 percent at constant currency.
$3.3 billion transaction creates major, global specialty chemicals company
Unite members have won a ruling on collective bargaining at Kamns Mill, the hygiene paper manufacturing section of the Leicester Paper Company, employing 84 workers.
Unite, the union have signed a recognition agreement with Intertissue, the Port Talbot based paper mill.
Company Raises 2008 EPS Guidance to $3.75 – 3.85
