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Tag: cost
EY: oil & gas megaproject overruns to cost industry more than $500B
2014-08-15 18:30:54| Green Car Congress
FINLAND: Marimekko H1 loss lowered on cost cuts
2014-08-15 15:10:00| Daily apparel & textile news and comment - from just-style.com
Finnish fashion and textile business Marimekko Group reduced its first-half net loss by half thanks to reorganisation and cost reductions in Finland and the US.
UK cost body backs pricey Gilead hepatitis pill for some patients
2014-08-15 03:48:31| Biotech - Topix.net
Gilead Sciences' expensive new hepatitis C pill has been endorsed for use in certain patients by Britain's healthcare cost-effectiveness watchdog, after the U.S. firm provided more information.
RCom net profit up 21% on cost reductions
2014-08-14 16:03:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Communications reported net profit for its fiscal first quarter to June up 21.4 percent year-on-year to INR 1.32 billion. The result was driven by a reduction in costs at its international arm. RCom said additional debt reduction and refinancing efforts are expected to result in annual savings of INR 6 billion on interest from Q2. Net debt dropped to INR 355.0 billion at the end of June from 401.8 billion. The company's revenues in the first quarter were up 2.1 percent to INR 55.2 billion, as 1.3 percent growth at the mobile business in India offset a 5.1 percent decline at the international business. EBITDA rose 9.5 percent to INR 18.6 billion, giving a margin of 33.7 percent. RCom said its mobile ARPU in India was up 14.3 percent year-on-year to INR 136 in the quarter, thanks to price increases and higher revenue per minute. Data traffic also jumped 78 percent from a year earlier to 55.3 billion MB, driven by the roll-out of the 3G network. The operator had 28.6 million mobile internet customers at the end of June, of which 13 million used 3G. Thee was little change in 3G coverage during the quarter, with 334 towns covered and just under 11,700 sites active at the end of June.
Tags: net
cost
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reductions
Church alleges banker cost Lilly trust $13 million
2014-08-14 05:55:32| Biotech - Topix.net
Wednesday in federal court, alleging the investment banker's mismanagement and self-dealing led to $13 million in losses from trusts endowed by philanthropist Eli Lilly Jr. A complaint filed by Christ Church Cathedral in U.S. District Court in Indianapolis alleged JP Morgan Chase directed money from the trusts into 177 different investment ... (more)
Tags: cost
million
trust
church
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