je.st
news
Tag: drops
Yahoo Japan drops takeover of eAccess
2014-05-19 10:04:00| Telecompaper Headlines
(Telecompaper) Yahoo Japan has abandoned plans to acquire the mobile broadband provider eAccess. The company announced in March an agreement with Softbank to buy eAccess, but subsequent negotiations on the deal led to a new agreement. Yahoo Japan said that it came to the conclusion that rather than converting eAccess to a consolidated subsidiary and building an infrastructure on its own, it would be better to develop the business by employing the strengths of each company. As a result, they will set up a new venture called Ymobile, with Yahoo responsible for services and eAccess for infrastructure. eAccess still plans to merge with sister company Willcom from 01 June. They will be renamed Ymobile and work with Yahoo Japan develop the concept of "Delivering the Joy and Convenience of the Internet to Every Hand", first proposed by Yahoo in March. The two companies will jointly offer new services developed under the brand name Y!mobile, which in future will also be offered by parent company SoftBank Mobile. Due to the acquisition no longer going ahead, Yahoo lowered its outlook for the fiscal first half to September to exclude eAccess results. It now expects revenues of JPY 211.9 billion and operating profit of JPY 93.4 billion for the six months.
Tags: japan
yahoo
drops
takeover
Australia shares stumble on banks, resources, UGL drops
2014-05-19 05:08:32| Automakers - Topix.net
Australian shares fell 0.9 percent on Monday, pulled down by blue chip banking and mining stocks in muted trade as iron ore and Chinese steel futures slumped.
Tags: resources
australia
banks
shares
SFR revenue drops 5.8% to EUR 2.44 bln in Q1
2014-05-15 09:18:00| Telecompaper Headlines
(Telecompaper) French operator SFR had EUR 2.44 billion of revenue in the first quarter, down 5.8 percent on the first quarter of 2013, reports Vivendi, which classifies SFR as a discontinued operation since reaching an agreement to sell it to Numericable and Altice. SFR's decreased slowed in the first quarter, compared to a 7.1 percent decline in the last quarter of 2013. Retail revenues decreased by 8.9 percent to EUR 1.61 billion. The operator's total mobile customer base rose by 3.2 percent over a year to 21.29 million, including 18.02 million postpaid customers. In the first quarter alone, it decreased by 21,000. The broadband internet residential customer base grew by 43,000 in the first quarter, to reach 5.25 million. FTTH customers reached 221,000 and multi-pack customers grew by 528,000 in a year to 2.48 million at the end of March (47.3% of all broadband internet customers). SFR's EBITDA fell by 11 percent to EUR 625 million, a decrease softened by its transformation plan.
Mid-Day Market Update: Fossil Drops On Downbeat Outlook; SunOpta Shares Gain
2014-05-14 21:47:48| Jewelry - Topix.net
Midway through trading Wednesday, the Dow traded down 0.29 percent to 16,666.60 while the NASDAQ declined 0.22 percent to 4,121.21.
Tags: market
update
gain
shares
Seattle airport jetway drops as people exit flight
2014-05-13 22:37:50| Airlines - Topix.net
A jet bridge dropped several feet Tuesday as passengers were exiting a Southwest Airlines flight at Seattle-Tacoma International Airport, but no one was injured, officials said.
Tags: people
flight
airport
exit
Sites : [141] [142] [143] [144] [145] [146] [147] [148] [149] [150] [151] [152] [153] [154] [155] [156] [157] [158] [159] [160] next »