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Neenah Grows Both Premium Packaging and Technical Products Platforms with Agreement to Acquire FiberMark
2015-07-24 12:31:06| Industrial Newsroom - All News for Today
ALPHARETTA, Ga. Neenah Paper, Inc. today announced it had signed a definitive agreement to purchase all of the outstanding equity of ASP FiberMark, LLC ("FiberMark") from an affiliate of American Securities LLC for $120 million. With annual sales of over $160 million, FiberMark is a specialty coating and finishing...
Tags: products
agreement
premium
technical
AT&T grows Q2 revenue 1.4% to USD 33 billion
2015-07-24 08:29:00| Telecompaper Headlines
(Telecompaper) AT&T reported EUR 33 billion of consolidated revenue in the second quarter, up 1.4 percent compared to the second quarter of 2014. This operator's revenue reflects its Mexican acquisitions (Iusacell and Nextel Mexico) and pressure from foreign exchange and its exit from global hubbing. AT&T's Operating income rose by 1.7 percent to USD 5.71 billion, but adjusting for merger and integration-related expenses, it came in at USD 6.5 billion, compared with USD 5.8 billion a year earlier. Net profit declined by 14.2 percent to USD 3.04 billion, corresponding to USD 0.58 per diluted share, compared to USD 3.5 billion and USD 0.68 in the second quarter of 2014. AT&T's wireless segment grew its revenue by 2.1 percent to UDS 18.3 million. Operating income rose 8.2 percent to USD 4.69 billion. The company added 2.1 million mobile customers, including 410,000 postpaid, 331 prepaid and 1 million connected cars, to reach 123.9 million total wireless subscribers and connections at the end of June. In wireline, AT&T's revenue declined by 2.9 percent to USD 14.21 billion and the operating income dropped by 4.1 percent to USD 1.36 billion. Within the total, U-verse revenues grew by 19.2 percent to USD 4.1 billion. Wireline voice connections declined by 652,000 in the second quarter to 23.5 million at the end of June. This includes broadband connections down by 136,000 to 15.96 million and U-verse video connections decreased by 22,000 to 5.97 million. Strategic business service revenue rose by 13 percent to USD 2.7 billion.
Comcast grows to more broadband than TV subscribers
2015-07-23 13:14:00| Telecompaper Headlines
(Telecompaper) Comcast added 31,000 new customers at its cable activities in the second quarter, for a total 27.265 million at the end of June. The company still lost 69,000 TV subscribers - its best Q2 result in nine years - for a total 22.306 million at the end of June. Broadband subscribers surpassed TV customers for the first time in the quarter, increasing by 180,000 compared to March to a total 22.548 million. The strong demand for broadband services, including ever higher speeds, as well as rate hikes across the board helped the company grow its quarterly revenues from cable by 6.3 percent year-on-year to USD 11.7 billion. Internet revenues were up 10.0 percent from a year ago to USD 3.1 billion, and business services also grew by 20.4 percent to USD 1.2 billion. Telephony was the one area to show lower revenues, down 2.1 percent, while the fixed-line customer base was still up by 49,000 on a sequential basis to 11.319 million. Capital expenditure at the cable activities rose 12.3 percent from a year earlier to USD 1.7 billion, and operating cash flow was up 5.1 percent to USD 4.8 billion. Comcast's total revenues, including NBCUniversal, rose 11.3 percent to USD 18.7 billion, and earnings per share were up 10.5 percent to USD 0.84.
Tags: tv
subscribers
broadband
grows
Huawei grows revenues by 30%, buoyed by China 4G
2015-07-20 02:00:00| Total Telecom industry news
Chinese vendor's CFO predicts healthy growth across the business in full-year 2015.
Geron's Much Anticipated Imetelstat Phase 2 Study Grows To 50 Locations And Begins Enrollment
2015-07-18 19:52:36| Biotech - Topix.net
Geron and partner Johnson & Johnson missed their self-imposed target date for the start of trial enrollment, yet Geron's stock hit its 52-week high post the deadline. I am speculating the delay may be driven by JNJ laying the groundwork for a possible Breakthrough Drug Therapy designation for Imetelstat.
Tags: study
locations
phase
begins
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