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Backoff PoS Malware Boomed In Q3

2014-10-25 01:44:54| Trucking - Topix.net

Try as they might, retailers don't seem to be able to get the Backoff malware to actually back off. According to a new report from the security firm Damballa, detections of the notorious point-of-sale malware jumped 57% from August to September.

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Backoff PoS Malware Boomed In Q3

2014-10-24 23:21:57| Air Courier - Topix.net

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Ericsson sales growth improves to 9% in Q3

2014-10-24 08:54:00| Telecompaper Headlines

(Telecompaper) Ericsson reported third-quarter sales up 9 percent year-on-year to SEK 57.6 billion. Sales for comparable units, adjusted for currency effects, grew by 3 percent annually and 2 percent quarterly. The growth was mainly driven by the Middle East, China, India and Russia, and was partly offset by a sales decline in North America. The company's gross margin increased to 35.2 percent from 32.0 a year ago, driven by an improved business mix, higher IPR revenues and lower restructuring charges. Operating profit still fell to SEK 3.9 billion from SEK 4.2 billion in the year-earlier period, due to a revaluation of unrealized hedge contracts of SEK 1.0 billion. Ericsson said it also faced higher operating expenses related to modems and the acquired Mediaroom business as well as a planned ramp up of investments in IP. Net profit fell 13 percent to SEK 2.6 billion, and operating cash flow was a negative SEK 1.4 billion. Ericsson said it was benefiting from mobile broadband contracts in Greater China, improving conditions in Japan and India and a return to growth in parts of Europe. Sales slowed in North America as operators there focused more on cash flow optimisation.

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America Movil profits fall in Q3

2014-10-24 08:04:00| Telecompaper Headlines

(Telecompaper) America Movil reported third-quarter net profit down 39.3 percent to MXN 10.12 billion, hurt by a rise in tax and forex losses as well as weak results at its European associates, Telekom Austria and KPN. Pro forma for the acquisition of a controlling stake in Telekom Austria in July, the company's quarterly revenues were up 4.0 percent to MXN 220.88 billion. Service revenues rose 3.8 percent to MXN 198.64 billion, and hardware revenues were up 6.2 percent to MXN 22.24 billion. America Movil said growth was led by mobile data and pay-TV services, which each grew revenues around 15 percent. The operator's EBITDA was up just 0.4 percent to MXN 69.19 billion, hurt by negative currency effects, and EBIT fell 5.5 percent to MXN 37.64 billion due to higher depreciation and amortisation after investments. America Movil said it spent MXN 82.0 billion on capital equipment and MXN 34 billion on shareholder distributions in the quarter, all financed from cash flow. Net debt was also reduced by MXN 30.7 billion to MXN 490.6 billion at the end of September, equal to 1.63 times annual EBITDA.

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