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UPDATE 1-Enbridge says U.S. permit for Alberta Clipper expansion likely delayed

2014-01-24 18:49:34| Oil & Gas - Topix.net

Enbridge Inc Chief Executive Al Monaco said on Thursday that an amendment to the U.S. presidential permit for its Alberta Clipper pipeline, which the company needs to expand the line's capacity, will likely be delayed past a previous target of mid-2014.

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Red Rooster Expansion Continues

2014-01-24 17:47:00| Offshore Technology

Red Rooster Industrial (UK) Limited has just announced the opening of much larger premises located at Unit 26, Kelvin Way Trading Estate, Kelvin Way, West Bromwich, West Midlands B70 7TP.

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Tubiflex-Flexible Metal Hoses and Expansion Joints

2014-01-24 01:00:00| Power Technology

Tubiflex manufactures flexible metal hoses, flexible hoses assemblies, convoluted PTFE, multilayer corrugated hose, metal expansion joints and bellows.

Tags: metal expansion joints hoses

 

Netflix adds 4 mln customers in Q4, plans Europe expansion

2014-01-23 08:42:00| Telecompaper Headlines

(Telecompaper) Netfix reported better-than-expected results for the fourth quarter, adding 3.85 million new customers for a total of over 44 million worldwide at year-end. The online video service added 2.33 million customers in the US, better than its outlook of 2.01 million, for a total base of 33.42 million. In international markets, Netflix added 1.74 million for a total 10.93 million, also better than forecast. Revenues, including DVD rentals, rose to USD 1.175 billion from USD 945 million a year ago. Net profit was also better than expected and jumped to USD 48 million or USD 0.79 per share, from USD 8 million or 0.13 per share a year earlier. Free cash flow was a positive USD 5 million. Netflix forecast slightly slower customer growth in Q1, with net additions of 2.25 million in the US and 1.60 million abroad. Net profit and EPS are expected little changed from Q4. The company confirmed it's testing new subscription formats offering customers a choice of streaming on just one or three devices, compared to the standard four currently. It also expects to soon start distribution with a smaller US TV provider, after similar deals in the UK, Denmark and Sweden, where it said it has had positive reception. In addition, Netflix said it's planning a "substantial European expansion" later this year. A long-term bond issue of USD 400 million is planned for Q1 to help fund the expansion plans and commission new content.

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LAX Leader Guides Massive Expansion

2014-01-22 21:37:55| ENR.com: Headline News

Johnson emphasizes collaboration, innovation

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