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Weaker farm profits expected in 2015

2015-08-26 15:04:00| National Hog Farmer

Source: USDA Economic Research Service Across nearly all measures, farm sector profitability is forecast to decline for the second straight year. read more

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Airlines encounter business turbulence amid rising profits

2015-08-25 16:03:30| Airlines - Topix.net

The recent prosperity of airlines in the United States is great for the bottom line, but could it be sewing the seeds of trouble for the carriers? That's the question posed by the Wall Street Journal as airlines such Dallas-based Southwest Airlines Co. and Delta Air Lines deal with recent labor problems, federal investigators have begun two separate probes of whether the nation's carriers violated competition rules, and shareholders' concerns of a stall in the market have hammered stock prices.

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BHP profits tumble as China slows

2015-08-25 11:16:43| BBC News | Business | UK Edition

Annual profits at BHP Billiton slid 86% despite slashing costs, as a collapse in Chinese demand for commodities hit the mining giant.

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Coca-Cola Amatil stabilises as H1 profits, sales edge up

2015-08-21 14:33:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Amatil (CCA) has steadied the ship with first-half sales and profits growth as it pumped marketing investment into its struggling Australian market.

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China Unicom H1 profits up on lower costs, broadband growth

2015-08-21 10:35:00| Telecompaper Headlines

(Telecompaper) China Unicom reported revenues for the first half of 2015 down 3.3 percent from a year earlier to CNY 144.69 billion. Services revenue fell 5.3 percent, with mobile revenues down 9.7 percent to CNY 73.46 billion and fixed revenues up 2.2 percent to CNY 46.19 billion. Unicom blamed the drop on the changes to VAT in China and changes to its sales and marketing model. The latter resulted in reduced handset subsidies and operating costs, helping EBITDA for the period increase 5.8 percent to CNY 50.46 billion. Net profit was up 4.5 percent to CNY 6.99 billion. The operator highlighted the focus on broadband services, with 3G and 4G now accounting for 71.8 percent of mobile service revenue, up from 66.9 percent a year ago. The number of mobile broadband subscribers increased by 8.68 million in the six months to 157.79 million at the end of June, equal to 54.5 percent of total mobile subscribers, up by 6.8 percentage points over the same period last year.  Data usage by handset subscribers grew by 47.4 percent year-on-year, and the average monthly data traffic for mobile broadband customers was up 34.1 percent. 

Tags: china lower costs growth

 

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