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Avaya posts quarterly loss of USD 633 mln on impairment, sees takeover talks concluded in month

2019-08-13 13:34:00| Telecompaper Headlines

(Telecompaper) Avaya reported a net loss of USD 633 million for its fiscal third quarter to June, hurt by an impairment charge of USD 657 million to write down goodwill at its Products & Solutions division due to reduced prospects. The company also withdrew its long-term outlook, saying this will be updated after it completes its evaluation of takeover offers, expected in the next 30 days. 

Tags: month posts loss usd

 

Last week in media: wild responses to quarterly results; comScore down 86%, Snap up 208% year-to-date

2019-08-12 07:01:00| Telecompaper Headlines

(Telecompaper) The Telecompaper Stock Index global Media was down 0.7 percent in week 32, just behind the S&P 500 (-0.5%). There were some majors share price movements, mostly induced by quarterly results but also by takeovers. ComScore (-38%), The New York Times (-20%) and EW Scripps (-13%) were the weakest stocks last week. Stingray (+15%) and IAC (+7.5%) were the winners. ComScore is down a shocking 86 percent year-to-date and is exploring its strategic options. Snap still leads, up 208 percent year-to-date.

Tags: up results media week

 
 

Linen Fiber and Yarn Prices (Quarterly Report)

2019-08-10 16:14:17| EmergingTextiles.com

Fiber and linen yarn prices have stayed at high levels in China, reflecting a new rise in demand for linen clothing at retail. Flax fiber production may not rise at the same pace as demand. Our report offers a comprehensive view of the international market prices, including China's flax fiber import prices and linen yarn export prices. China's import and export data in volume and value terms are also available for download with every monthly price back to December 2012.

Tags: report prices quarterly fiber

 

Chesapeake Energy Posts Bigger-than-expected Quarterly Loss

2019-08-06 14:25:08| OGI

Natural gas makes up for a majority of Chesapeake Energy's production. But the company has been shifting its focus to oil production as gas prices have been pressured.

Tags: posts loss energy quarterly

 

Sri Lanka Apparel Exports in 1st Quarter 2019 (Quarterly Report)

2019-08-05 11:12:49| EmergingTextiles.com

Sri Lanka's apparel exports have continued to rise in the first half of 2019 on both US and EU markets. Shipments have soared to Germany and Italy, however plunging to France. Exporters stay focused on underwear and lingerie, also betting on the development of local textile production. Our statistical series provide a comprehensive view of Sri Lanka's clothing exports in the 1st quarter 2015-2019, including volume, value, and unit value changes per destination. Knit, woven, and total apparel exports are separately displayed. US and EU imports per product category are also comprehensively covered. All data are available for download.

Tags: report 1st apparel quarter

 

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