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US wireless companies wean customers off phone subsidies, as new phones expected at trade show

2014-02-23 15:13:53| Wireless - Topix.net

How's this for gall? Take away hundreds of dollars in subsidies that cellphone customers have enjoyed for years.

Tags: show phone companies trade

 

HP quarterly results better than expected

2014-02-21 07:50:00| Telecompaper Headlines

(Telecompaper) HP raised its full-year outlook after reporting first-quarter results better than expected. Adjusted EPS for the three months to January rose 10 percent year-on-year to USD 0.90, versus an outlook fo 82-86 cents, and reported EPS increased 17 percent to USD 0.74, better than to 60-64 cents forecast. The company raised its outlook for the full year to the high end of its previous range, at USD 3.60-3.75. Revenues for the first quarter were down 1 percent from a year earlier to USD 28.2 billion. Excluding currency effects, sales were flat. The operating margin improved to 7.1 percent from 6.2 a year ago. The Personal Systems division recorded revenue 4 percent, led by notebooks and enterprise demand. The company increased computer sales 6 percent in units, with desktops down 3 percent and notebooks up 5 percent. The Enterprise group posted a 1 percent rise in revenue, and the Enterprise Services unit saw a 7 percent fall in revenue. For the fiscal second quarter, HP estimates adjusted EPS at USD 0.85-0.89 and reported EPS of USD 0.62-0.66. 

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Comcast filings with regulators expected at end of March

2014-02-21 01:23:29| Telecom - Topix.net

Comcast Corp said on Thursday it plans to submit documents on its proposed $45 billion takeover of Time Warner Cable Inc to U.S. regulators by the end of March, when antitrust and public interest reviews will be launched.

Tags: end march expected filings

 

Loblaw Q4 profit falls less than expected

2014-02-20 14:29:39| Grocery - Topix.net

Loblaw Companies Ltd. has turned out better fourth-quarter financial results than analysts were expecting from Canada's largest grocery retailer.

Tags: than expected falls profit

 

Flurry of Coal Power Plant Shutdowns Expected by 2016

2014-02-19 23:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: A flurry of coal-fired power plants -- major sources of climate change-fueling carbon dioxide emissions -- could be closed by 2016, according to U.S. Energy Information Administration forecasts. New emissions regulations and low natural gas prices, partly because of the fracking boom throughout the U.S., are leading utilities to shut down coal-fired power plants and open new ones that burn natural gas. With new Environmental Protection Agency emissions standards limiting mercury, acid gases and...

Tags: power expected plant coal

 

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