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BSE Sensex Falls More Than 100 Points on Profit-Taking
2013-10-23 15:06:31| IT Services - Topix.net
A broker looks at a computer screen as he talks on a phone at a stock brokerage firm in Mumbai December 3, 2012.
UK: Hi Spirits falls foul of ASA over Fireball blog
2013-10-23 13:37:15| Daily beverage news and comment - from just-drinks.com
Hi Spirits has been reprimanded for the marketing content for its liqueur brand Fireball after concerns that it encouraged "excessive" drinking.
US: Coach Q1 profit falls on weaker North America sales
2013-10-22 17:11:00| Daily apparel & textile news and comment - from just-style.com
Upscale footwear, handbags and accessories retailer Coach Inc has today (22 October) reported a slight decline in first-quarter profit, hurt by weaker sales in North America.
Tags: north
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america
falls
UK borrowing falls in September
2013-10-22 12:13:59| BBC News | Business | UK Edition
Government borrowing fell in September, official figures show, helped by higher tax revenues.
Tags: september
falls
borrowing
KPN revenues down 7.6% in Q3, EBITDA falls 14%
2013-10-22 09:14:00| Telecompaper Headlines
(Telecompaper) Dutch operator KPN reported third-quarter revenues down 7.6 percent to EUR 2.08 billion, and EBITDA fell 14 percent year-on-year to EUR 743 million. The results exclude its German operator E-Plus, which is being acquired by Telefonica. KPN's net profit fell 56 percent to EUR 87 million. Capex totaled EUR 357 million in the three months, down 2.7 percent from a year earlier, and free cash flow fell 38 percent to EUR 63 million. The ration of net debt to EBITDA worsened, to 2.4 from 2.2 in the previous quarter. If the expected proceeds from E-Plus are taken into account, the ratio would be 1.5. KPN adjusted its outlook to take account of the German divestment. It reiterate dplans to resume dividends from 2014 and lowered its capex outlook to less than EUR 1.7 billion this year and a maximum EUR 4.7 billion over 2013-2015. The Dutch market remains challenging and is only expected to stabilise next year, while the Belgian operations should continue to outperform the market. E-Plus is expected to grow service revenues this year, but see a lower EBITDA margin.
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