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Time Warner Cable Profit Drops

2014-10-30 18:02:04| Telecom - Topix.net

Time Warner Cable Inc., still awaiting regulatory approval for its deal to be bought by larger peer Comcast Corp., said its third-quarter profit fell 6%, missing Wall Street expectations, as the company lost subscribers. Time Warner Cable's results have been buoyed recently by higher subscriber numbers for broadband Internet service.

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Pom Wonderful Drops Ninth Circuit Appeal of State Claims Filed Against Coca-Cola

2014-10-29 20:47:40| Beverages - Topix.net

On September 19, 2014, Pom Wonderful, LLC dropped its Ninth Circuit appeal of a ruling that dismissed its state deceptive advertising and unfair competition claims against Coca-Cola, a sibling case to a recent Supreme Court decision. Accordingly, the Ninth Circuit will not revisit whether Pom Wonderful's state court claims were preempted by the FDCA.

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Freeport-McMoRan income drops by a third in 3Q

2014-10-29 06:03:01| Real Estate - Topix.net

The third quarter 2014 was not kind to Phoenix-based Freeport McMoRan as it saw falling revenue and income based on lower mineral prices. The multinational mining corporation reported income for the third quarter of $552 million, or 53 cents per share, down nearly a third from the $821 million, or 79 cents per share, earned in same period last year.

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Carrizo drops $250 million on acreage in Eagle Ford Shale

2014-10-28 12:09:23| Energy - Topix.net

Houston-based Carrizo Oil & Gas Inc. said Oct. 27 it bought leasehold and producing interests in the Eagle Ford Shale from Texas-based Eagle Ford Minerals LLC for $250 million in cash. Carrizo Oil & Gas Inc. bought leasehold and producing interests in the Eagle Ford Shale from Texas-based Eagle Ford Minerals LLC for $250 million in cash, the company said Monday.

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Hydro Tasmania drops 600MW Australian wind project

2014-10-28 01:00:00| Power Technology

Australian power generator Hydro Tasmania has decided to drop the $2bn TasWind project, which was planned on King Island.

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