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Construction Jobless Rate Improves in July to 5.5%

2015-08-10 22:22:24| ENR.com: Headline News

Job gains in residential, heavy-civil work offset losses in nonresidential sector.

Tags: to july rate construction

 

Automated core collection improves soil sampling

2015-08-10 16:10:00| Corn & Soybean Digest

Speed, repeatability and ability to sample odd shaped zones are major benefits to using automated soil sampling. With some machines, farmers can collect up to 40 cores in as many seconds, traveling at 5 mph. read more

Tags: collection core soil automated

 
 

Post-Consumer Plastics Pricing Improves while Aluminum Can Pricing Slides

2015-08-06 09:32:00| Waste Age

A review of commodities pricing trends reveals that post-consumer PET beverage containers and natural high-density polyethylene pricing is on the rise while the national average price of densified aluminum cans has dropped. read more

Tags: pricing aluminum slides improves

 

Sprint improves EBITDA growth on switch to handset leasing

2015-08-04 14:18:00| Telecompaper Headlines

(Telecompaper) Sprint reported second-quarter adjusted EBITDA up 14 percent to USD 2.1 billion, while revenues were still down 9 percent to USD 8.0 billion. The improved EBITDA was due in part to the switch to handset leasing, which moved associated costs to depreciation from product costs, as well as lower costs at the wireline operations and for bad debtors. The company also raised its full-year outlook for adjusted EBITDA to USD 7.2-7.6 billion, from an earlier estimate of USD 6.5-6.9 billion, excluding any accounting impacts from the lease financing. The shift to lease plans also contributed to the drop in revenues, as handset revenues are now realised over the course of the contract. Equipment sales fell to USD 990 million from USD 1.1 billion a year ago, and service revenues dropped to USD 7.0 billion from USD 7.6 billion. Sprint succeeded in adding a net 675,000 connections in the three months, as 310,000 new postpaid users and 731,000 wholesale lines offset the loss of 366,000 prepaid users. In total the company had 56.812 million connections on the Sprint network, up from 53.331 million a year earlier, as well as 856,000 customers still from Clearwire. While connections grew in Q2, the company still lost a net 12,000 postpaid phones in the period. Sprint said it reversed the loss of phones for the first time in two years though, with net gains in May, June and July. Postpaid churn fell to 1.56 percent from 1.84 in Q1 and 2.05 a year ago, and the operator said it was a net winner in portings. Postpaid ARPU still fell to USD 55.48 from USD 56.94 in Q1 and USD 62.07 in Q2 2014. 

Tags: growth switch leasing sprint

 

Telefonica revenue growth improves in Q2

2015-07-30 09:46:00| Telecompaper Headlines

(Telecompaper) Telefonica reported second-quarter revenues up 12.4 percent to EUR 11.876 billion, driven by takeovers such as E-Plus in Germany, GVT in Brazil and DTS in Spain, as well as improving sales trends in its home market Spain. OIBDA rose 6.8 percent to EUR 3.702 billion, while the margin fell to 31.2 percent from 32.8 percent a year ago due to the consolidation of GVT and DTS. On an organic basis, excluding currency effects, revenues rose 4.4 percent and OIBDA was up 3.3 percent. Net profit jumped 70.4 percent to EUR 1.891 billion, after O2 UK was classified as discontinued activities ahead of the planned sale to Hutchison Whampoa. Telefonica adjusted its full-year outlook to take account of the acquisitions and now expects revenue growth of 9.5 percent of higher versus over 7 percent growth previously. The OIBDA margin is now expected to fall by around 1.2 percent points, versus an earlier estimate of 1 point, due to the lower margins at DTS and GVT. The company still expects capital expenditure at around 17 percent of revenues, after a figure of xx percent in the first half of the year, and net debt is expected to fall to less than 2.35 times EBITDA after the sale of O2 UK. At the end of June, net debt was at 2.92x, or 2.38 if the expected proceeds from O2 are included. 

Tags: growth revenue improves q2

 

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