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EC fines Altice EUR 125 mln for breaching EU rules over merger notification

2018-04-24 14:20:00| Telecompaper Headlines

(Telecompaper) For its part, Altice said it fully disagrees with the Commission's decision. It believes the transaction agreement governing the management of the target during the pre-closing period provided Altice with a consultation right on certain exceptional matters relating to PT Portugal, and was in accordance with well-established M&A market practice. Altice said it will file an appeal against the Commission's decision before the EU General Court to request that the decision as a whole be annulled or, at the very least, that the sanction be significantly reduced.

Tags: over eur rules notification

 

Alphabet revenues jump 26% in Q1, helped by new accounting rules, currency effects

2018-04-24 08:44:00| Telecompaper Headlines

(Telecompaper) Google parent company Alphabet said revenues for the first quarter jumped 26 percent from the year before to USD 31.15 billion, helped by currency fluctuations. On a constant currency basis, revenues went up 23 percent in the quarter. The net profit leaped to USD 9.40 billion from 5.42 billion, with diluted earnings per share rising to USD 13.33 from 7.73, helped by new accounting standards, which change how companies report equity investments. Without these changes, the net profit would have reached USD 7 billion and diluted EPS around USD 9.93. 

Tags: jump rules effects accounting

 
 

Stumped by the Code? NEC Rules for Mounting Equipment on Trees and Other Vegetation

2018-04-18 03:32:00| Electrical Construction & Maintenance

All questions and answers are based on the 2017 NEC. Underlined text indicates a Code change. Q. Does the NEC allow service equipment to be mounted on trees or other vegetation? A. Trees or other vegetation arent permitted to be used for the support

Tags: other code equipment rules

 

Stumped by the Code? NEC Rules for Mounting Equipment on Trees and Other Vegetation

2018-04-18 03:32:00| Electrical Construction & Maintenance

All questions and answers are based on the 2017 NEC. Underlined text indicates a Code change. Q. Does the NEC allow service equipment to be mounted on trees or other vegetation? A. Trees or other vegetation arent permitted to be used for the support

Tags: other code equipment rules

 

Brexit: 'Bonfire of rules' mean more costs than benefits, CBI says

2018-04-11 01:02:56| BBC News | Business | UK Edition

The employers' group says the economy will suffer if Britain diverges too far from existing EU regulations.

Tags: costs rules says benefits

 

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