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Tag: short
Australia govt cuts short funding of NBN
2014-05-13 13:03:00| Telecompaper Headlines
(Telecompaper) The government of Australia announced in its latest state budget plans to reduce financing for the communications sector, including the country's National Broadband Network. The budget provides AUD 20.9 billion in equity funding to the NBN Co over the period 201415 to 201718. This amount is in addition to AUD 5.2 billion in equity provided from 2008 to 2013 and AUD 3.4 billion already planned for the current fiscal year. From 2018, the NBN will need to be self-financing or find additional investment from the private sector. The NBN's Strategic Review released in December 2013 found that the NBN would cost nearly twice what the current government has committed in funding and not be completed until 2024. The government said the previous administration under the Labor party "failed to meet its promises in relation to the NBN" and as a result the state will provide less funding and end its participation in the project sooner. Goign forward, the NBN will be expected to use a greater mix of technologies and rely more on existing infrastructure in order to lower the total cost and speed up delivery. According to the government, the new approach will save AUD 31.6 billion in funding costs, get the NBN finished four years sooner and enable nine out of ten Australians in the fixed-line footprint to get access to download speeds of 50 Mbps or more by 2019.
Tags: short
australia
funding
cuts
Lux Research: self-driving cars will lead to a $87B opportunity in 2030, but fall short of full Level 4 autonomy; software leads
2014-05-12 12:30:55| Green Car Congress
Tags: full
software
level
research
Follow Jeff Gundlach And Short Housing Through This Home Furnishings Retailer
2014-05-08 02:48:11| Furniture - Topix.net
A drop in home sales, as predicted by Jeff Gundlach, will decrease sales of home furnishing companies, particularly at the high-end.
Tags: home
short
follow
housing
Fuel Tech Sees Large Decline in Short Interest
2014-05-07 12:52:30| Waste Management - Topix.net
Shares of Fuel Tech were the target of a large drop in short interest in the month of April.
Tags: large
short
interest
tech
Software, hardware short takes
2014-05-06 15:43:20| Oil IT Journal - www.oilit.com
LMKR, Meridium, P2ES, Energy Navigator, Tendeka, Weatherford, APS, McLaren, CGG, ETL Solutions, GE, Geomodeling, ffA, ID, Ikon, iOra, Kongsberg, Matrikon, JP Graphics, Oildex.
Tags: software
short
hardware
takes
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