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Tele2 forecasts flat 2016 revenue, lower earnings

2016-01-28 01:00:00| Total Telecom industry news

Sweden-based telco names new finance chief, CEOs of Swedish, Dutch operations.

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Celadon Group, Inc. to Post FY2017 Earnings of $1.05 Per Share, BB&T Corp. Forecasts

2016-01-28 00:53:09| Trucking - Topix.net

Analysts at BB&T Corp. cut their FY2017 EPS estimates for Celadon Group in a note issued to investors on Monday, according to Zacks Investment Research . BB&T Corp. analyst T. Albrecht now anticipates that the brokerage will post earnings per share of $1.05 for the year, down from their previous forecast of $1.40.

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Rogers defends higher cellphone rates; misses forecasts despite bigger profits

2016-01-27 23:49:29| Wireless - Topix.net

Rogers CEO Guy Laurence on Wednesday defended the communications giant's decision to raise cellphone rates despite higher revenue and profits, saying it was necessary to cover the high cost of building and maintaining mobile networks. Laurence said that fourth-quarter competition in the wireless sector was the most intense in Canadian history as it competed hard against BCE Inc. and Telus Corp. for the first wave of customers who signed two-year contracts following a 2013 CRTC decision limiting cancellation fees.

Tags: rates higher bigger profits

 

Biogen 4Q profit falls on costs, but tops forecasts

2016-01-27 20:23:55| Biotech - Topix.net

In this Feb. 15, 2006, file photo, two women walk by Biogen Idec corporate headquarters in Cambridge, Mass. Biogen reports financial earnings Wednesday, Jan. 27, 2016.

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United Technologies tops 4Q profit forecasts

2016-01-27 17:33:05| Paper - Topix.net

On a per-share basis, the Farmington, Connecticut-based company said it had net income of $3.86. Earnings, adjusted for one-time gains and costs, were $1.53 per share.

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