je.st
news
Tag: weak
Weak spending, inflation data underscore soft U.S....
2013-08-30 19:34:27| IT Services - Topix.net
U.S. consumer spending barely rose and inflation was tame in July, offering a cautionary note on the economy as the Federal Reserve weighs cutting back its massive bond-buying program.
Vivendi trims outlook after weak H1 results
2013-08-29 11:07:00| Telecompaper Headlines
(Telecompaper) French media group Vivendi reported a fall in first-half results due to weakness at its telecom activities in its home market. Revenues fell 1.5 percent to EUR 10.842 billion, as growth at Universal Music and GVT in Brasil could not offset weaker results at SFR. EBITA dropped 27.0 percent from a year earlier to EUR 1.391 billion, after SFR saw its operating profit fall by EUR 407 million due to increased competition and price pressure in the French mobile market. Net profit fell less, down by 11.2 percent to EUR 1.035 billion, thanks to lower taxes and higher earnings from Maroc Telecom in Africa and Activision, which are up for sale. The company had net debt of EUR 17.4 billion at the end of June, up from EUR 13.4 billion six months earlier, but expects this to fall to around EUR 6.5 billion once it completes the divestments of Maroc Telecom, 85 percent of Activision Blizzard and the record label Parlophone. Vivendi maintained its full-year outlook for an increase in EBITA at Universal Music Group, but lowered the outlooks for Canal Plus, SFR and GVT. Due to the confirmed telecom tax in France, SFR now expects EBITDA around EUR 2.8 billion this year, down from a forecast of around EUR 2.9 billion previously. GVT's revenue growth outlook was cut to the mid teens from the low 20s, due to the slowdown in the Brazilian economy, while the weaker ad market reduced Canal Plus's annual EBITA target to EUR 650 million from EUR 670 million.
Tags: results
weak
outlook
vivendi
House Dems to Interior: Fracking Rule is Too Weak
2013-08-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Hill: Senior Democrats on the House Natural Resources Committee say the Interior Departments draft plan to regulate oil and gas fracking is too weak and even worse than an earlier proposal. Ranking Democrat Peter DeFazio (D-Ore.) and five colleagues, in a letter, say the rule gives industry too much leeway to avoid chemical disclosure requirements by claiming trade secrets. The lawmakers also say the rule would allow many wells in a given oil and gas field to escape oversight, alleging it assumes...
Server revenue continued slide in Q2 on weak demand, says IDC
2013-08-28 13:26:29| InfoWorld: Top News
The server business continued to slide in the second quarter with worldwide revenue and unit sales down, IDC said Tuesday. Revenue was down 6.2 per cent to $11.9 billion in the second consecutive quarter of year-over-year decline, as demand for servers continued to soften in most geographic regions, the research firm said. Unit shipments were also down 1.2 percent to 2 million, after also falling in the previous two quarters.
Tags: server
says
continued
demand
Chorus says 'flat to weak' earnings coming
2013-08-26 01:07:45| Telecom - Topix.net
Chorus, the telecommunications network operator spun out of Telecom in 2011, expects next year's earnings will be flat-to-weaker after eking out a small gain in its first full year as a standalone business.
Tags: coming
flat
weak
earnings
Sites : [114] [115] [116] [117] [118] [119] [120] [121] [122] [123] [124] [125] [126] [127] [128] [129] [130] [131] [132] [133] next »