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Report: Overview of offshore bid rounds in Australia and Gabon in Q2 2016

2016-05-13 01:00:00| Offshore Technology

Bidding rounds in the second quarter of this financial year are expected to take place, with the 2015 Offshore Round 2 and 2015 Offshore Round 1 Re-release in Australia, and the 11th Licensing Round in Gabon's deepwater, according to a GlobalData rep

Tags: report australia overview bid

 

Apple quarterly sales fall 13%, further drop expected in Q2

2016-04-26 23:04:00| Telecompaper Headlines

(Telecompaper) Apple has reported a drop in revenues for its fiscal second quarter to March, as economic weakness in some countries and the slower smartphone market dampens sales of its devices. Quarterly revenues fell 13 percent year-on-year to USD 50.6 billion, at the low end of the company's guidance of USD 50-53 billion. Net income dropped to USD 10.5 billion or USD 1.90 per share from USD 13.6 billion or USD 2.33 per share. Apple shipped 51.19 million iPhones in the three months to March, down 16 percent from a year earlier and 32 percent less than in the December quarter. To appease shareholders, the company announced a 10 percent increase in the quarterly dividend and increased its share buyback authorisation to USD 175 billion from USD 140 billion. 

Tags: in sales fall expected

 
 

Netflix posts strong customer growth in Q1, sees slow Q2

2016-04-19 08:32:00| Telecompaper Headlines

(Telecompaper) Netflix announced first-quarter results better than expected but gave a cautious outlook for the second quarter. The company added 2.30 million new streaming customers in the US and 4.51 million at its international activities, beating its own guidance of respectively 1.75 million and 4.35 million. The total number of streaming subscribers reached 47.0 million in the US and 34.5 million elsewhere, while the company also still had 4.7 million DVD rental customers. Revenues increased 24 percent to USD 1.96 billion in Q1, with growth of 17 percent in the US and 57 percent at the international business. EBITDA fell by 23 percent, and operating profit nearly halved to USD 49 million due to the costs of international expansion. Net profit was still slightly higher due to a gain. After negative cash flow of USD 261 million, Netflix ended the period with USD 1.6 billion in cash. 

Tags: customer posts strong growth

 

Scotiabank Weighs in on Potash Co. of Saskatchewan Inc's Q2 2016 Earnings

2016-04-16 16:53:50| Chemicals - Topix.net

Potash Co. of Saskatchewan Inc - Analysts at Scotiabank lowered their Q2 2016 earnings per share estimates for Potash Co.

Tags: earnings saskatchewan q2 weighs

 

Pricing changes help KappAhl move to Q2 profit 

2016-04-14 13:26:00| Daily apparel & textile news and comment - from just-style.com

Swedish fashion chain KappAhl returned to profit during its second quarter, thanks to lower expenses and continued changes in its pricing and campaign strategy, which boosted margins. 

Tags: move profit pricing q2

 

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