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Maroc Telecom FY net profit up 5.6% to MAD 5.85 bln

2015-02-23 09:33:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom said its net profit for 2014 increased by 5.6 percent to MAD 5.85 billion from 2013 following an exceptional expense related to the settlement of a tax dispute in 2013. The group's customer base reached over 40 million customers by 31 December 2014, an increase of 8.2 percent compared with 2013, primarily due to the international operations, where the customer base is around 20 million customers, up 17 percent in one year. Revenues rose by 2.1 percent to MAD 29.14 billion, up 2.1 percent from 2013 at a constant exchange rates. This performance is primarily explained by an 11.3 percent increase in international operations, and a 0.8 percent decrease in revenues in Morocco.

Tags: net profit mad telecom

CEOs Drive The Stocks - Cramer's Mad Money

2015-02-20 15:29:36| Footwear - Topix.net

Cramer believes that the CEO is the leader of the pack, and a stock is as good as its leader. He shared a list of the most competitive CEOs according to him, and wants investors to watch out for stocks with these leaders.

Tags: money drive mad stocks

Don't Mimic Warren Buffett - Cramer's Mad Money

2015-02-19 17:06:01| Grocery - Topix.net

Cramer started the show by mentioning that piggybacking or mimicking someone's strategy of buying stocks is a bad idea. The market moved on Wednesday as people found out about Warren Buffett's positions in stocks and investors piggybacked on the moves, although Buffett made them months ago.

Tags: money mad warren mimic