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Southern Surge
2016-11-18 23:21:00| Electrical Construction & Maintenance
The mild climate and new job opportunities are attracting Americans to Southern cities like a magnet, driving increased activity in the electrical construction market. read more
'Surge' of Saturday shoppers from Republic
2016-11-04 11:01:14| BBC News | Business | UK Edition
Road traffic data suggests an upsurge of cross-border shoppers on Saturday mornings.
Tags: saturday
republic
surge
shoppers
Facebook nearly triples Q3 profit on ad revenue surge
2016-11-02 22:52:00| Telecompaper Headlines
(Telecompaper) Facebook reported a strong increase in revenues and profitability in the third quarter, driven by growth in its ad revenues as well as more users of the social network. Revenues were up 56 percent year-on-year to USD 7.011 billion, of which 84 percent was ad revenues, up from 78 percent a year ago. Operating profit more than doubled, to USD 3.122 billion from USD 1.459 billion, and the margin rose to 45 percent from 32 percent a year earlier. The company's net profit jumped to USD 2.379 billion or 82 cents a share from USD 896 million or 31 cents a share. Facebook reported 1.79 billion monthly active users for the period, up 16 percent year-on-year, and 1.66 billion were mobile users, a 20 percent annual increase.
Tags: profit
revenue
facebook
surge
GlaxoSmithKline sees profit surge on weak pound
2016-10-26 15:54:49| BBC News | Business | UK Edition
Pharmaceutical giant GlaxoSmithKline saw profits surge in the third quarter, aided by the recent fall in sterling.
Airtel grows quarterly EBITDA 15% on mobile data surge
2016-10-26 12:55:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported revenues for its fiscal second quarter to September up 3.4 percent year-on-year to INR 246.52 billion. While mobile data revenues rose 21 percent to INR 45.36 billion, total revenues were under pressure from the sale of some activities in Africa and the currency devaluation in Nigeria. EBITDA improved a faster 14.5 percent to INR 94.66 billion, and the EBITDA margin was up by 3.7 points to 38.4 percent thanks to improvement in both south Asia and Africa. Net profit fell slightly to INR 14.61 billion from INR 15.36 billion a year ago, due to higher interest costs to finance spectrum acquisitions. Operating free cash flow still increased by 23.9 percent to INR 41.79 billion, and net debt dropped to 2.28x EBITDA from 2.37 in the previous quarter.
Tags: data
mobile
quarterly
grows
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