Fiscal Year

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Reuters  Nov 24  Comment 
South African consumer goods firm Tiger Brands reported a 20 percent rise in full-year headline earnings per share from continuing operations on Monday and predicted a tough trading environment next year.
Reuters  Nov 24  Comment 
South Africa's No.2 drugs maker Adcock Ingram posted a 16.1 percent rise in full-year profit bolstered by volumes growth and price increases and said it expected further volume growth.
Reuters  Nov 23  Comment 
South African mass market lender African Bank (Abil) posted an 11 percent fall in full-year profit on Monday as a recession hit consumer spending, forcing it to tighten its lending criteria.
The Economic Times  Nov 22  Comment 
Bajaj Auto is betting big on its Pulsar bike and plans to ramp-up its production to 90,000 units per month in the next six months with a sales target of one million units per annum by end-FY 11.
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The Swamp Report  Nov 20  Comment 
ABC News is reporting that on page 432 of the Reid bill, there is a section increasing federal Medicaid subsidies for “certain states recovering from a major disaster.” The section spends two pages defining which “states” would qualify,...
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Reuters  Nov 19  Comment 
British oil services firm Lamprell said trading conditions remained challenging in the third-quarter but that its full-year prospects hinged on the outcome of talks with potential and existing customers.
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Fiscal Year (FY) refers to a twelve-month period, often not parallel with the calendar year, over which a company budgets and records its spending and revenues.

Fiscal years are referred to by the their closing date: if a company's fiscal year ended in June of 2008, for instance, "FY08" or "FY2008" would be used to refer to the time from June 2007 to June 2008.

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