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Tag: forecasts
Kenneth Cole returns to the runway with a cold-weather collection right for forecasts
2013-02-08 06:46:25| Footwear - Topix.net
Bet those models are hoping to take home the shearling coats, quilted puffer jackets, elbow-length gloves and hearty boots they wore on the runway of the Kenneth Cole Productions show Thursday night, considering the weather forecast for the next few days.
Tags: collection
returns
kenneth
cole
Sprint forecasts return to OIBDA growth in 2013
2013-02-07 16:48:00| Telecompaper Headlines
(Telecompaper) US mobile operator Sprint said it expects a return to underlying profit growth in 2012, after a continued deterioration in results in 2012. The company forecast adjusted OIBDA of 5.2-5.5 billion in 2013, after the 2012 result fell to USD 4.8 billion from USD 5.0 billion in 2011. Sprint's net loss for 2012 swelled to USD 4.3 billion, including USD 1.3 billion in Q4 alone, due to the costs of shutting down the Nextel CDMA network as well as launching the iPhone. The extra investments in launching its LTE network and new phones and services led to a 5 percent increase in group revenues over the full year to USD 35.3 billion. Mobile service revenues improved 12.2 percent year-on-year in Q4 on the Sprint platform, and the Sprint customer base rose by 683,000 in the three months to 53.54 million. However, with only about 50 percent of Nextel customers converted to Sprint, the operator had a net outflow of 337,000 customers in the quarter, and a total base of 55.63 million customers. Postpaid ARPU increased slightly from Q3, to USD 61.47. Sprint finished the year with USD 8.2 billion in cash and said it has also received USD 3.1 billion from SoftBank in a 1 percent, seven-year convertible bond related to the Japanese operator's pending takeover of Sprint. After an increase in capex to USD 1.9 billion in the fourth quarter, free cash flow was a negative USD 1.3 billion.
Tags: return
growth
sprint
forecasts
Mazda Joins Toyota in Lifting Profit Forecasts on Yen
2013-02-07 09:01:21| Automakers - Topix.net
Mazda Motor Corp. and Fuji Heavy Industries Ltd. raised their profit forecasts as the two Japanese automakers with the biggest ratio of domestic production benefit from the weakening yen.
Volvo Forecasts European Truck Market Rebound Later This Year
2013-02-06 13:29:03| Appliances - Topix.net
Volvo AB, the world's second-largest truckmaker, said U.S. and European commercial-vehicle markets will probably recover this year as global economic growth rebounds.
Tags: year
market
european
truck
Toyota raises annual forecasts on profit rise
2013-02-05 13:22:49| Automakers - Topix.net
Toyota Motor Corp. raised its fiscal year profit forecast Tuesday to triple what it eked out for the disaster-struck previous year, as the world's top automaker continued on a comeback roll as sales surged, especially in the U.S. Toyota's October-December profit jumped 23 percent to 99.91 billion yen , compared to the same period the previous year.
Tags: annual
rise
profit
toyota
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