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Tag: fall
SDI quarterly earnings fall 20% after finance charge
2015-04-21 23:04:19| Steel - Topix.net
Steel Dynamics Inc. reported lower first-quarter earnings after accounting for $17 million in finance expenses related to debt repayment.
Tags: finance
fall
charge
quarterly
Verizon Wireless service revenues fall 0.4% in Q1
2015-04-21 14:54:00| Telecompaper Headlines
(Telecompaper) Verizon reported a slowdown in mobile customer growth and a drop in wireless services revenues in the first quarter, amid intense competition in the US market. Total mobile revenues were up 6.9 percent year-on-year to USD 22.3 billion, as its new handset pricing Verizon Edge helped offset a 0.4 percent fall in service revenues to USD 17.9 billion. Sales through Edge increased to 39 percent of phone activations in the quarter from 25 percent in Q4 2014, and Verizon said the figure has since risen to nearly 50 percent. The wireless operating margin was flat year-on-year at 35.0 percent, and the EBITDA margin fell by 0.1 percent point to 44.8 percent. Verizon Wireless added 565,000 retail postpaid customers in the three months, while losing 188,000 prepaid users. Total retail connections were up 5.1 percent year-on-year to 102.6 million. Retail postpaid churn was at 1.03 percent in the quarter, down from 1.07 percent a year ago. At the bottom line, Verizon reported earnings of USD 1.02 per share, down from USD 1.15 a year ago when it booked one-time gains on its buy-out of Verizon Wireless. Excluding these items, EPS was USD 0.84 a year ago.
Tags: service
fall
wireless
revenues
Chinese stocks fall despite rate cut
2015-04-20 08:51:44| BBC News | Business | UK Edition
Chinese stocks are falling after the government steps up stimulus measures and cuts interest rates for the second time this year.
Saudi industrial in profits fall
2015-04-19 11:09:23| BBC News | Business | UK Edition
Saudi Arabian manufacturing and chemicals giant Sabic posts a 39% drop in net profits in the first quarter of the year.
Tags: fall
industrial
saudi
profits
Mattel Sales Fall for Sixth Straight Quarter
2015-04-17 00:08:02| Toys - Topix.net
Mattel Inc reported higher-than-expected quarterly net sales as the toymaker's new chief executive focuses on turning around its business in the face of flagging sales of Barbie dolls. The toymaker, which appointed Christopher Sinclair as CEO this month, reported its sixth straight fall in quarterly worldwide net sales.
Tags: sales
fall
straight
quarter
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