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Megafon meets FY guidance, sees weaker 2015
2015-03-11 13:50:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator Megafon announced that its revenues grew by 5.9 percent in 2014 to RUB 314.8 billion, compared to the company's outlook for 6-8 percent growth. OIBDA rose by 4.5 percent to RUB 138.5 billion, and the EBITDA margin dropped by 0.6 percentage points to 44.0 percent, in line with its guidance. Net profit declined by 28.8 percent to 36.7 billion, hurt by the depreciation in the ruble. Capital expenditure grew as forecast by 19.8 percent to RUB 56.5 billion, as the operator expanded its 4G coverage. The subscriber base increased by 3 percent to 72.2 million at the end of 2014. For 2015, Megafon forecast flat sales, while the OIBDA margin will fall to as little as 40 percent. Capex will be in line with the plans announced at its IPO, for a range of RUB 165-180 billion in 2013-2015.
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weaker
Japan Stocks Fall on Bets of U.S. Rate Rise, Weaker Japanese GDP
2015-03-09 21:41:38| Wireless - Topix.net
Japanese stocks fell after U.S. jobs data spurred speculation of an earlier interest-rate increase in the world's largest economy, while a report showed Japan's exit from a recession was weaker than previously reported. Real-estate stocks declined, with Mitsubishi Estate Co.
Tags: rate
japan
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japanese
Japan Stocks Fall on Bets of U.S. Rate Rise, Weaker Japanese GDP
2015-03-09 12:23:18| Telecom - Topix.net
Japanese stocks fell after U.S. jobs data spurred speculation of an earlier interest-rate increase in the world's largest economy, while a report showed Japan's exit from a recession was weaker than previously reported. Real-estate stocks declined, with Mitsubishi Estate Co.
Tags: rate
japan
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japanese
El Nio finally arrives but is weaker than expected, says US agency
2015-03-05 16:11:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The US National Weather Service on Thursday proclaimed the phenomenon is now in place. It? involves a warming of a certain patch of the central Pacific that changes weather patterns worldwide, associated with flooding in some places, droughts elsewhere, a generally warmer globe, and fewer Atlantic hurricanes. El Nios are usually so important that economists even track them because of how they affect commodities. But this is a weak, weird and late version of El Nio, so do not? expect too many...
Tags: us
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UPS Financial Chief Says Weaker Euro Boosting European Exports to U.S.
2015-03-04 21:03:05| Trucking - Topix.net
The weaker euro has raised European exports to the U.S. shipped by United Parcel Service Inc. by more than 10% compared with a year ago, an unexpectedly large and fast change in global trade flows, the company's chief financial officer said in an interview on Wednesday. The global shipping company has a unique perspective on U.S.-EU trade as it sends six cargo planes daily each way over the Atlantic.
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