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Analysis - As big ad deal falls apart, firms start thinking small

2014-05-11 17:49:16| Telecom - Topix.net

The collapse of the $35 billion merger of New York-based Omnicom with France's Publicis is likely to lead the world's biggest ad agencies to think small as they try to counter the challenge from internet giants like Google.

Tags: start small big analysis

 

Analysis - As big ad deal falls apart, firms start thinking small

2014-05-11 16:48:10| IT Services - Topix.net

The collapse of the $35 billion merger of New York-based Omnicom with France's Publicis is likely to lead the world's biggest ad agencies to think small as they try to counter the challenge from internet giants like Google.

Tags: start small big analysis

 
 

Neighbors: Dow Jones Industrials Ends Week Higher, Nasdaq Falls

2014-05-10 09:19:04| Grocery - Topix.net

Neighbors , the Seth Rogen flick about family versus frat, opens this week-and could bring in the big bucks.

Tags: week higher jones falls

 

Telekom Austria Q1 revenue down 7%, EBITDA falls 5%

2014-05-08 08:11:00| Telecompaper Headlines

(Telecompaper) Telekom Austria reported first-quarter revenue down 7.0 percent year-on-year to EUR 975.9 million, hurt by regulation, competition in its home market and currency inflation in Belarus. The mobile customer base fell 1.1 percent over the year to 19.99 million at the end of March. EBITDA was down 5.0 percent to EUR 319.9 million, and net profit was down 26.5 percent to EUR 40.8 million. Capital expenditure was reduced by a third compared to a year ago to EUR 99.4 million, while operating cash flow dropped 22.4 percent to EUR 144.8 million. Net debt was still at 2.0x EBITDA, equal to EUR 3.671 billion. In Q1, TA spent EUR 94.5 million renewing spectrum in Bulgaria and acquiring frequency rights in Slovenia. The operator maintained its outlook for an around 3 percent drop in annual revenues this year, capex of around EUR 700 million (excl spectrum) and a dividend of 5 cents a share. The company targets around EUR 100 million in opex and capex savings this year in order to offset the continued pressure on revenue. Telekom Austria added that the Croatian market remains challenging, and the operator is also facing there a significant increase in spectrum fees. 

Tags: austria falls revenue telekom

 

Coke Consolidated's Q1 income falls in 'challenging marketplace'

2014-05-07 19:09:44| Beverages - Topix.net

Coca-Cola Bottling Co. Consolidated on Tuesday reported net income of $2.4 million, or 26 cents per share, for the first quarter.

Tags: income falls marketplace challenging

 

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