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AT&T grows Q2 results on DirecTV expansion

2016-07-22 07:01:00| Telecompaper Headlines

(Telecompaper) AT&T reported second-quarter revenues up 22 percent year-on-year to USD 40.5 billion, helped by its takeover of DirecTV a year ago. Operating profit rose to USD 6.6 billion from USD 5.8 billion, and the adjusted operating margin improved 30 basis points to 20.1 percent. Net profit increased to USD 3.4 billion or USD 0.55 per diluted share, compared to USD 3.1 billion or USD 0.59 per share in the year-ago quarter. Adjusting for USD 0.17 of amortization, merger- and integration-related costs and other expenses, EPS rose to USD 0.72 from USD 0.70. Cash from operating activities was USD 10.3 billion in the second quarter, and capital investment1 totaled USD 5.6 billion. Free cash flow cash from operating activities minus capital expenditures was USD 4.8 billion, up 8.4 percent year over year.

Tags: results att expansion grows

 

British Columbia Company IPS Announces Major Expansion

2016-07-20 11:59:00| Railway Technology

Innovative Parts and Solutions (IPS) announced a major expansion of its manufacturing facilities in Maple Ridge, British Columbia. A new 23,000ft (2,140m) building is currently under construction with an expected completion date of 4th quarter 2016

Tags: company major british columbia

 
 

London Heathrow selects Grimshaw Architects for airport expansion concept design

2016-07-20 01:00:00| Airport Technology

UK-based architectural firm Grimshaw Architects has been selected by London Heathrow Airport as the concept designer for the airports 16bn expansion.

Tags: design london concept expansion

 

China's aviation expansion ambitions

2016-07-12 11:18:14| BBC News | Business | UK Edition

China wants to increase earnings from aircraft building tenfold, to one trillion yuan (115bn; $150bn) a year. How can it be so hopeful?

Tags: expansion aviation ambitions chinas

 

Lectra to boost Asia expansion with Vietnam unit

2016-07-08 13:41:00| Daily apparel & textile news and comment - from just-style.com

Technology specialist Lectra has opened a new subsidiary in Vietnam as part of its ongoing expansion in the Asian market.

Tags: unit asia expansion vietnam

 

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