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Tag: america
The Growing Importance of Supply Chain in Latin America
2014-04-30 11:12:00| Logistics - Topix.net
Looking into the prospects of how supply chain and logistics can aid in the economic growth of industry in the Latin American region, the LatAm Supply Chain and Logistics Strategy Summit commenced yesterday, 28 April 2014 at the Hilton Sao Paulo Mourumbi, Brazil.
Tags: america
supply
growing
importance
America Movil growth slows on forex effects
2014-04-30 09:06:00| Telecompaper Headlines
(Telecompaper) America Movil saw its growth slow in the first quarter, due to negative currency effects and the increased regulation in its home market Mexico. Revenues were up 1.3 percent from a year ago to MXN 195.4 billion, and EBITDA rose 1.7 percent to MXN 64.9 billion. Excluding forex effects, the figures were up respectively 6.9 and 6.7 percent. Net profit was hurt by increased financing costs, dropping 48.3 percent to MXN 13.9 billion or MXN 0.20 per share. The company spent MXN 19.1 billion on capital investments in the quarter, while also reducing debt by MXN 2.2 billion, buying back MXN 12.6 billion in shares and acquiring assets for MXN 1.4 billion. Net debt of MXN 440 billion was worth 1.6x annual EBITDA at the end of March. America Movil finished the quarter with 272.2 million mobile customers, up by 2.3 million from three months earlier. The net additions included 1.4 million from the acquisition of Page Plus in the US and 769,000 new postpaid customers, as well as 980,000 disconnections of inactive customers in Latin America. The number of revenue-generating units in the fixed market rose by 1.2 million in the quarter, of which 571,000 in TV and 492,000 in broadband, to a total 70.7 million at the end of March.
Tags: america
effects
growth
forex
Coach: Growth in China Cannot Offset Weakness in North America
2014-04-30 08:57:15| Apparel - Topix.net
Fashion is a fickle business. A brand can become a household name overnight if the right celebrity is seen wearing it.
Tags: north
china
america
growth
America Movil net profit slumps
2014-04-30 02:00:00| Total Telecom industry news
Mexican telco posts lacklustre results as revenues and customers creep upwards.
Tags: net
america
profit
movil
Investing In America: Part 2 - Nucor
2014-04-29 18:19:20| Steel - Topix.net
In the second part of this 4-part series, we continue to review "All-American" stocks that are U.S.-based and overwhelmingly U.S.-centric.
Tags: part
america
investing
nucor
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