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Singapore Airlines second-quarter net profit more than doubles

2015-11-05 15:22:44| Airlines - Topix.net

Singapore Airlines said Thursday its second quarter net profit more than doubled from last year, but warned about uncertainty due to an economic slowdown in emerging markets led by China. Net profit for the three months to September soared 135 percent to Sg$213.6 million , boosted in part by higher dividends from long-term investments, the carrier said in a statement.

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Walgreens-Rite Aid Merger Will Significantly Impact Net Lease Sector

2015-11-05 09:00:00| National Real Estate Investor

The acquisition will likely have a significant impact on the retail real estate industry, particularly the net lease sector, experts contend. read more

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Deutsche Telekom grows Q3 net profit 60%

2015-11-05 08:23:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported third-quarter revenue up 9.3 percent to USD 17.1 billion. Growth slowed slightly from previous quarters due to the new handset leasing model introduced at T-Mobile US. Adjusted EBITDA increased 12.9 percent to EUR 5.2 billion. On an organic basis, excluding exchange rate effects and acquisitions and divestments, revenue rose 2.2 percent and EBITDA was up 8.1 percent.Net profit jumped 59.9 percent to EUR 809 million and was up by 30 percent to EUR 1.0 billion excluding one-time items. Deutsche Telekom said it would continue the high investments in broadband in order to sustain growth. In the third quarter, cash capex excluding spectrum licences reached 2.7 billion, up 8.2 percent from a year earlier. Free cash flow still increased 16.3 percent to EUR 1.3 billion. Deutsche Telekom confirmed its guidance for the full year 2015. Based on a constant exchange rate of USD 1.33 per euro, the company expects adjusted EBITDA of around EUR 18.3 billion and free cash flow of EUR 4.3 billion.

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Charter Tells FCC of Commitment to Net Neutrality Regardless of Legal Intrigue

2015-11-04 21:01:24| Telecom - Topix.net

If a $55 billion merger between Charter Communications and Time Warner Cable is completed, the marriage will result in a bigger company that commands about 15 percent of the nation's cable and satellite subscribers and 22 percent of its broadband subscribers. Naturally, concern about the ramifications of consolidation has ensued.

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USA Truck 3Q Net Income Down 32 Percent

2015-11-04 15:38:25| Trucking - Topix.net

USA Truck Inc. of Van Buren on Wednesday reported third-quarter net income of $2.7 million, or 17 cents per share, down 32 percent from $4 million, or 38 cents per share, in the same quarter last year.

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