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TSX likely to slip on lower oil prices as Europe's economy improves

2013-08-14 15:45:39| Telecom - Topix.net

The Toronto stock market looks to open lower on Wednesday as oil prices pull back from recent gains and the European economy showed improvement.

Tags: prices lower oil economy

 

Eli Lilly lung cancer drug improves patient survival in trial

2013-08-13 17:00:10| Biotech - Topix.net

Eli Lilly & Co.' s experimental lung cancer medicine increased survival among patients taking the drug compared with those on chemotherapy alone.

Tags: trial drug cancer patient

 
 

Hotel Procurement Software improves choice, negotiability.

2013-08-12 14:30:31| Industrial Newsroom - All News for Today

As intelligent online solution, Hotel RFP provides squatter rate audit tool that gives corporate travel managers and agencies means to detect offending hotels so those properties can be blocked or removed. Non-GDS Portal, also included, lets hotels that do not currently participate in any global distribution system compete for more corporate business. Travel buyers and hotel suppliers can connect to solicit, negotiate, and audit hotel room rates and amenities for corporate hotel programs. This story is related to the following:Hotel & Restaurant Software

Tags: software hotel choice procurement

 

Telekom Austria Q2 sales fall 1.9%, net profit improves

2013-08-12 08:52:00| Telecompaper Headlines

(Telecompaper) Telekom Austria reported second-quarter revenues down 1.9 percent from a year earlier to EUR 1.043 billion, led by weaker sales in its home market and Bulgaria on termination rate cuts and difficult market conditions. EBITDA fell 9.2 percent to EUR 330.3 million, as cost reduction efforts were unable to offset higher costs for customer acquisition and marketing. Net profit improved 54 percent to EUR 52.2 million, thanks to lower costs for restructuring, depreciation and financing. Capex fell slightly to EUR 176 million, and operating cash flow improved 6.9 percent to EUR 302 million. Telekom Austria maintained its full-year outlook for revenues of around EUR 4.1 billion, with competition, regulation and a difficult economy in eastern Europe expected to continue to weigh on results. The group will continue to focus on cost reductions, targeting savings of EUR 100 million in 2013. It slightly lowered its annual capex budget to EUR 650-700 million, from approximately EUR 700 million previously, and maintained its outlook for an annual dividend of at least EUR 0.05 per share.

Tags: net sales fall austria

 

KB International SlurrySMARTTechnology Improves Production

2013-08-09 02:16:00| Transmission & Distribution World

KB International develops an all-in-one, polymer drilling fluid called SlurrySMART. T&D World's The Briefing Room read more

Tags: international production improves

 

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