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Manitoba Telecom Services posts a Q2 net profit and increases revenues
2014-07-31 22:43:49| IT Services - Topix.net
Manitoba Telecom Services Inc. reported a second-quarter profit of $28.8 million on Thursday, turning around a loss from the same quarter a year ago.
Tags: net
services
posts
profit
Sovran earnings spike 15% on rental increases
2014-07-31 15:06:20| Real Estate - Topix.net
Sovran Self Storage Inc. saw profits increase to $20.6 million in the second quarter, up from $17.9 million in the same quarter last year.
Tags: rental
increases
earnings
spike
Orange increases cost savings to stabilise margin
2014-07-29 08:45:00| Telecompaper Headlines
(Telecompaper) Orange reported a small improvement in its adjusted EBITDA margin for the first half of 2014, to 31.3 percent from 31.1 a year earlier, thanks to cost reductions. Revenues were still down 4.9 percent to EUR 19.59 billion, with divestments such as Orange Dominicana reducing sales by 0.8 percent and currency effects taking another 0.6 percent off revenue. On a comparable basis and excluding regulatory effects, sales fell 2.3 percent in the second quarter, a smaller drop than the 3.0 percent fall in Q1 and 3.8 percent drop in Q4. Adjusted EBITDA for the first half declined 4.3 percent to EUR 6.14 billion, and net profit dropped 26.3 percent to EUR 891 million. Orange said the results showed steady improvement in key markets such as France and Poland, as well as continued strong growth in the Middle East and Africa. The company raised its target for cost reductions this year to EUR 300 million from 250 million previously, while maintaining the outlook for adjusted EBITDA of EUR 120-12.5 billion and a stable margin in 2014. Orange moved closer to its target of net debt at 2x EBITDA with a result of 2.17 at the end of June, down from 2.37 six months earlier. Capital expenditure in the first half was up just 3.1 percent year-on-year to EUR 2.50 billion. Orange said it will pay an interim dividend of EUR 0.20 per share and a full-year dividend of EUR 0.60.
Tags: cost
orange
increases
savings
Study: Climate change increases chance slowdown in yields
2014-07-28 22:24:00| Climate Ark Climate Change & Global Warming Newsfeed
Des Moines Register: The odds of a major production slowdown of corn and wheat are as much as 20 times greater with climate change, according to researchers at Stanford University and the National Center for Atmospheric Research. The authors used global climate computer models, along with data about weather and crops, to calculate the chances that climatic trends would slow the growth in yields by 10 percent during the next 20 years. The result, researchers found, would mean yields would grow about half as quickly as...
Tags: change
study
chance
increases
Ryanair increases profits forecast
2014-07-28 12:07:39| Airlines - Topix.net
Ryanair raised its full-year profits guidance today after more than doubling first- quarter earnings and setting out aggressive plans for expansion in Europe.
Tags: increases
profits
forecast
ryanair
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