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White House Report Urges Climate Change Action, Projects Rising Cost

2014-07-29 20:10:09| ENR.com: Headline News

A new report from the White House's Council of Economic Advisers projects an increase in the cost to mitigate climate change if no action is taken.

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'7 deadly stocks' cost you 85% in 7 months

2014-07-29 15:52:31| Apparel - Topix.net

We've all been warned of the perils of the seven deadly sins. Fair enough. But investors might not realize just how much pain was paid owning the year's "seven deadly stocks" - at the wrong time.

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Orange increases cost savings to stabilise margin

2014-07-29 08:45:00| Telecompaper Headlines

(Telecompaper) Orange reported a small improvement in its adjusted EBITDA margin for the first half of 2014, to 31.3 percent from 31.1 a year earlier, thanks to cost reductions. Revenues were still down 4.9 percent to EUR 19.59 billion, with divestments such as Orange Dominicana reducing sales by 0.8 percent and currency effects taking another 0.6 percent off revenue. On a comparable basis and excluding regulatory effects, sales fell 2.3 percent in the second quarter, a smaller drop than the 3.0 percent fall in Q1 and 3.8 percent drop in Q4. Adjusted EBITDA for the first half declined 4.3 percent to EUR 6.14 billion, and net profit dropped 26.3 percent to EUR 891 million. Orange said the results showed steady improvement in key markets such as France and Poland, as well as continued strong growth in the Middle East and Africa. The company raised its target for cost reductions this year to EUR 300 million from 250 million previously, while maintaining the outlook for adjusted EBITDA of EUR 120-12.5 billion and a stable margin in 2014. Orange moved closer to its target of net debt at 2x EBITDA with a result of 2.17 at the end of June, down from 2.37 six months earlier. Capital expenditure in the first half was up just 3.1 percent year-on-year to EUR 2.50 billion. Orange said it will pay an interim dividend of EUR 0.20 per share and a full-year dividend of EUR 0.60. 

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LIRR Contract to Cost Extra $226 Million

2014-07-28 23:21:39| Railroads - Topix.net

A recent Long Island Rail Road labor agreement that pre-empted a potentially crippling strike will cost an additional $226 million through 2016, according estimates released Monday by the Metropolitan Transportation Authority.

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Ford's aluminum-body 2015 F-150s to cost more than previous models

2014-07-28 20:10:02| Automakers - Topix.net

Ford Motor Co. said Monday that base prices of its aluminum-body 2015 F-150 pickup will be as much as $3,615 more on some models than the 2014 F-150s now in showrooms.

Tags: previous cost models fords

 

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