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Devastation in Typhoons Path Slows Relief in Philippines

2013-11-11 12:47:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Decomposing bodies still lie along the roads, like a corpse in a pink, short-sleeve shirt and blue shorts facedown in a black, muddy puddle 100 yards from the airport. Just down the road is a church that was supposed to be an evacuation center but is littered with the bodies of those who drowned inside. When a wind-whipped ocean rose Friday night, the ground floors of homes hundreds of yards inland were submerged within minutes, trapping residents like Virginia Basinang, a 54-year-old retired teacher,...

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US consumer spending slows to 0.2 percent gain

2013-11-08 15:20:45| Auto Dealers - Topix.net

U.S. consumers slowed their spending in September, even as overall income grew at solid pace for the second straight month.

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PRESS RELEASE: Office Market Slows According to Orange County Q3 2013 Studley Report

2013-11-04 19:36:00| National Real Estate Investor

rwf The pace of leasing is about one million sq. ft. below the average pace during the past five years. read more

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Shutdown slows - but doesn't halt - US car demand

2013-11-01 22:01:14| Auto Dealers - Topix.net

The 16-day shutdown slowed U.S. auto sales in the first two weeks of October, but they picked up speed in the last two weeks.

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Telenor cuts FY revenue outlook as growth slows in Q3

2013-10-31 08:59:00| Telecompaper Headlines

(Telecompaper) Telenor has cut its sales growth outlook for the year, after growth slowed to 1 percent in the third quarter. It now expects annual organic revenue growth of 1-2 percent, down from an earlier outlook of 2-4 percent. Revenues were weaker-than-expected in its home market Norway, and restructuring is needed in Denmark, Telenor said. Revenues were also impacted its decision to scale back operations in India. The company maintained its EBITDA margin target of 34 percent in 2013, after a result of 37.1 percent in Q3. Total revenues reached NOK 25.95 billion in Q3, up from NOK 25.25 billion a year earlier, and EBITDA rose to NOK 9.62 billion from NOK 8.82 billion. The net profit increased to NOK 3.92 billion from NOK 3.65 billion, helped by a stronger contribution from the company's stake in Vimpelcom. Capex increased slightly to NOK 5.59 billion, and operating cash flow was also higher, at NOK 5.89 billion. Telenor said full-year capex will be at the high end of its earlier forecast, at 13-14 percent of revenue excluding licence and spectrum costs.

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