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Goldcorp reports US$98 million Q1 profit, revenue down from year ago
2014-05-01 18:38:10| Telecom - Topix.net
Goldcorp Inc. said Thursday it earned US$98 million in its latest quarter as increased gold sales offset lower prices.
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Monsanto promises more efficient water and nutrient use across 1 million acres
2014-05-01 16:36:00| Corn & Soybean Digest
Major food companies and Walmart also made simultaneous sustainability pledges. Monsanto says it will increase its irrigation water-use efficiency by 25% by 2020 in its global seed production operations, saving 30 billion to 80 billion gallons of water annually, says Hugh Grant, Monsanto chairman and chief executive officer. read more
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T-Mobile US adds record 2.4 million subscribers in Q1
2014-05-01 13:34:00| Telecompaper Headlines
(Telecompaper) T-Mobile US added a record 2.4 million new customers in the first quarter, as its new pricing strategy started a year ago paid off. The mobile operator added 1.3 million postpaid and 465,000 prepaid customers under its own brand, while the remainder came from wholesale customers, giving it a total base of 49.1 million at the end of March. Revenues rose 47 percent year-on-year to USD 6.88 billion and were up 15.3 percent on a pro forma basis including the MetroPCS takeover. Growth was led by handset sales, with a record 6.9 million smartphones sold in the quarter, while pro forma service revenue increased 4.5 percent year-on-year to USD 5.34 billion. Retail postpaid ARPU was still down 1.4 percent from the previous quarter and 7.5 percent year-on-year to USD 50.01, due to greater adoption of the lower-priced Value and Simple Choice plans. Adjusted EBITDA was down slightly from a year earlier, to USD 1.09 billion versus 1.18 billion, due to increased handset sales. The margin fell to 20 percent from 29 percent a year ago. T-Mobile spent USD 947 million cash on capital equipment in the quarter and maintained its annual budget at USD 4.3-4.6 billion. The operator slightly reduced its forecast for annual adjusted EBITDA, to USD 5.6-5.8 billion from an earlier outlook of USD 5.7-6.0 billion. This comes as it raised its target for retail postpaid net additions this year, to 2.8-3.3 million from the earlier goal of 2.0-3.0 million.
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California ARB fines Ford $2.96 million for sales of non-compliant On-Board Diagnostic systems in California
2014-05-01 12:30:36| Green Car Congress
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BSkyB ends Q3 with 11.42 million retail customers
2014-05-01 10:23:00| Telecompaper Headlines
(Telecompaper) British Sky Broadcasting added 764,000 new paid-for subscription products in the third quarter 31 March, with additions for the nine months reaching 2.4 million. It added 74,000 net new TV customers in Q3. Revenue for the nine months was GBP 5.66 billion, up 6.6 percent from GBP 5.13 billion a year earlier, with EBITDA down 2.4 percent to GBP 1.22 billion, from GBP 1.25 billion, and operating profit down 8.5 percent to GBP 910 million, from GBP 994 million. It ended Q3 with a total of 15.02 million customers, up 409,000 from 14.61 million a year earlier, with retail customers up 608,000 to 11.42 million, from 10.81 million. ARPU was GBP 571 in Q3, up from GBP 567 in the year-earlier quarter.
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