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TOP NEWS: Chrysler Will Lose Money on Fiat 500e Sales
2013-04-22 09:00:47| AutomotiveDigest.com - Automotive Industry News
Speaking at the SAE World Congress in Detroit, Chrysler CEO Sergio Marchionne says every Fiat e500 sold will cost the company thousands. Toyota North American CEO Jim Lentz says the Prius hybrid line may not reach a target for growth in 2013 as gasprices fall faster than the automaker expected. Says Bob Lutz, former GM product czar, EPA fuel efficiency regulations, set to be in effect by 2025, will add considerably to the cost of purchasing a new car.The Article TOP NEWS: Chrysler Will Lose Money on Fiat 500e Sales appeared first on Automotive Digest.
VIDEO: Your Money: Travel tips and pension pots
2013-04-20 13:23:42| BBC News | Business | UK Edition
In this week's Your Money, Declan Curry looks at how to avoid fraudulent travel deals, sprucing up your garden on a budget and making the most of your pension pot.
GE to Upgrade US Navy Ship, Saving Money and Increasing Efficiency
2013-04-18 06:00:00| Industrial Newsroom - All News for Today
• Military Sealift Command Awards US $14 Million Project to GE's Power Conversion Business for Large Electric Refit of the U.S. Navy's USS Mount Whitney, Sixth Fleet<br /> • Project to be One of the Largest Retrofits for Military Sealift Command and GE Power Conversion's Largest Refit for the U.S. Navy<br /> • GE Working with Life Cycle Engineering on Project Management<br /> <br /> PARIS — In efforts to extend ship life, increase capability and assure critical operations, ...This story is related to the following:Transportation Industry ProductsSwitchgear | Uninterruptible Power Supplies (UPS) | Diesel Generators | Circuit Breakers |
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In the money: Burberry works to mitigate macroeconomic environment
2013-04-17 19:14:00| Daily apparel & textile news and comment - from just-style.com
Luxury brand Burberry is working to "control the things it can control" as luxury footfall declines amid macroeconomic uncertainty around the world.
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money
environment
mitigate
Millicom Q1 sales up on growth in mobile data, money service
2013-04-17 09:19:00| Telecompaper Headlines
(Telecompaper) Millicom reported first-quarter revenues up 4.9 percent from a year earlier to USD 1.25 billion. On a like-for-like basis excluding currency effects, revenues rose 8.3 percent. The mobile operator attributed the growth to more customers using mobile data, with 780,000 new users in Q1, as well as expansion in mobile money services, where transactions passed USD 500 million for the first time. In markets where the mobile money service is available since at least a quarter, it now has 12.6 percent of customers using the financial services. The total customer base rose by 175,430 in the three months, with 236,994 subscribers added in Central America and 44,206 in South America, and 105,770 customers lost in Africa. Mobile ARPU dropped to USD 7.9 from 8.3 in Q4, hurt by regulatory effects, the company said. Millicom's EBITDA was down 4.4 percent from a year earlier to USD 494 million, and the margin fell to 39.7 percent from 44.2, due to losses at its Online division and increased spending to market data and financial services. Net profit, excluding one-time items fell to USD 143 million from USD 175 million. Capex increased to USD 193 million from USD 172 million a year ago. For the full year, Millicom targets an EBITDA margin over 40 percent, excluding Online. The Online division is expected to generate revenue over USD 100 million and EBITDA losses of USD 125-200 million. Capex will peak at around 20 percent of revenue, excluding spectrum acquisitions, driven by continued investments in 3G capacity and coverage and roll-outs in Africa.
Tags: service
data
sales
money
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