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Tag: proves
Delta proves that consolidation drives up ticket fares
2013-10-24 00:16:02| Airlines - Topix.net
Delta's record earnings could give the government just what it needs to finally crush the merger hopes of American Airlines and US Airways.
Tags: delta
ticket
drives
consolidation
Octagon Proves Presence Of More Oil At Elkton
2013-10-23 19:20:00| OGI
The company has verified the presence of unconsolidated oil sands at the edge of the consolidated limestone carbonates holding even larger quantities of oil.
Tags: presence
oil
proves
octagon
Tele2 cuts outlook as mobile growth proves more difficult
2013-10-22 08:56:00| Telecompaper Headlines
(Telecompaper) Tele2 has cut its long-term outlook, citing an acceleration in market trends towards unlimited pricing and IP data services in the past six months. The company said these trends are positive in the long term, but will lead to higher costs and increased price pressure in the near term, leading to a downgrade in its targets for the period to 2015. The operator now targets revenue of SEK 32.5-33.5 billion in 2015, versus an earlier goal of at least SEK 35.6 billion, and cut the EBITDA forecast to SEK 6.7-7.3 billion from at least SEK 8.3 billion previously. As a result of the sale of Tele2 Russia and reduced guidance, the dividend for this year will fall to SEK 4.40 from SEK 7.10 in 2012. Tele2 said it will maintain its 'challenger' strategy and focus on the growth markets of Sweden, the Netherlands, Norway and Kazakhstan. In the third quarter, Tele2 showed solid customer growth in the Swedish and Dutch mobile markets, but Kazakhstan moved to negative growth on a change in dealer commissions to improve profitability. Total revenues in Q3 were down 2 percent from a year earlier to SEK 7.529 billion, hurt by the slowdown in mobile, increased competition in fixed broadband and a continued loss of fixed telephony subscribers. EBITDA fell 14 percent to SEK 1.523 billion. The net result was a loss of SEK 194 million versus a profit of SEK 283 million a year ago, due to an increase in tax and an impairment charge of SEK 454 million on the Croatian operations. Capex increased to SEK 954 million on mobile network expansion in key markets, and cash flow was less than a third the year-earlier amount, at SEK 495 million.
Tags: mobile
difficult
growth
outlook
Tidal Lagoon Swansea Bay - EIA report proves positive for project's future
2013-10-18 01:00:00| Power Technology
A mostly positive Environmental Impact Assessment released this week for a proposed 550m project off the coast of Wales could see the world's first purpose built tidal lagoon built in Swansea, Wales, in the UK.
Tags: report
future
positive
projects
As Drilling Practice Takes Off in U.S., Europe Proves Hesitant
2013-10-10 03:07:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: France and Bulgaria have already banned it, and in Britain the governments attempts to promote it have led to heated demonstrations in the countryside. It is complicating Germanys attempts to wean itself from fossil fuels and forcing Russia to recalibrate the energy-export strategy that sustains its economy. Hydraulic fracturing, or fracking, has already revolutionized the energy business in the United States, which is now 87 percent self-sufficient for gas, and it is transforming environmental...
Tags: europe
takes
practice
proves
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