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Southern Co. absorbs $450M in additional losses for over-budget Mississippi coal plant

2013-07-31 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Southern Co. shareholders will absorb $450 million in losses incurred while building a new coal-fired power plant in Mississippi, raising the total write-offs on the construction project to nearly $1 billion, utility officials said Tuesday. The utility announced the pre-tax write-off on its massive project in Mississippis Kemper County before releasing its second-quarter earnings Wednesday. Company officials had earlier estimated the most recent charge would be around $160 million or more, significantly...

Tags: additional southern plant mississippi

 

BRIC countries keep Pay-TV market growing despite cable subscriber losses

2013-07-30 19:00:45| Digital TV News

Infonetics Research has released excerpts from its latest Pay TV Services and Subscribers report. Cable makes up the largest portion of the pay-TV market, but this will change by 2017 when satellite grows to more than 40% of total pay-TV revenue.

Tags: market growing countries cable

 
 

Alcatel-Lucent losses mount in Q2

2013-07-30 13:22:31| Telecom - Topix.net

Alcatel-Lucent saw its losses more than double in the second quarter as the French-American telecommunications gear maker booked financial charges worth hundreds of millions of euros against the shrinking value of its assets.

Tags: mount losses q2 losses mount

 

INDIA: Raymond Q1 losses widen

2013-07-26 14:38:20| Daily apparel & textile news and comment - from just-style.com

Indian textile and clothing group Raymond Ltd saw first quarter losses widen on foreign exchange issues combined with weaker apparel segment sales.

Tags: india losses raymond widen

 

US: Deckers lifts outlook despite wider Q2 losses

2013-07-26 13:27:00| Daily apparel & textile news and comment - from just-style.com

Deckers Outdoor Corporation has lifted its full-year outlook, despite posting wider second-quarter losses after unfavourable weather impacted sales of its Ugg boots and Teva sandals.

Tags: outlook losses wider lifts

 

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