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Manufacturer sees big savings after Exel North America installation

2015-07-31 03:22:20| Canadian Plastics Headlines

Allwood Products was looking for a new meter and mixing system that would increase production and decrease solvent usage. Exel North America had the answer The post Manufacturer sees big savings after Exel North America installation appeared first on Canadian Plastics.

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Lufthansa sees Q2 profit soar, helped by cheaper fuel

2015-07-30 12:57:37| Airlines - Topix.net

" Lufthansa says its earnings trebled in the second quarter compared with a year earlier, helped by falling fuel costs. Deutsche Lufthansa AG, which includes airlines such as Swiss, Austrian Airlines and Germanwings, on Thursday reported net earnings of 529 million euros for the April-June period, up from 173 million euros a year earlier.

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DeSoto County sees garbage collection fees drop

2015-07-30 12:38:11| Waste Management - Topix.net

Ray Laughter, the county's environmental manager, tells The Commercial Appeal that annual rate adjustments are built into the county contract with Waste Connections Inc. Laughter says there will be a savings of about $1,300 on collection rates at 26 facilities served by the contract. That includes parks, county-owned buildings, central maintenance barns and the jail.

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Alcatel-Lucent sees positive cash flow, higher margins in Q2

2015-07-30 08:24:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent reported second-quarter revenues up 5 percent year-on-year to EUR 3.45 billion. The figure was helped by exchange rate effects, as excluding forex, revenues fell 9 percent from a year ago. Revenues from its core networking business rose 10 percent at constant exchange rates, to EUR 1.68 billion, while revenues from the Access business fell 20 percent to EUR 1.77 billion. The company improved operating profit to EUR 175 million from EUR 139 million a year ago, raising the margin 1 percent point to 5.1 percent. The net loss also narrowed, to EUR 54 million from EUR 298 million, and free cash flow moved to a positive EUR 65 million from a negative EUR 205 million in Q2 2014.  CEO Michel Combes said the results showed good resilience in spite of soft spending by operators, especially in North America. This was the first time the company had positive free cash flow in a second quarter since the merger of Alcatel and Lucent in 2006, showing the effects of the 'Shift Plan' paying off, according to the CEO. Cost savings from the plan have reached EUR 746 million to date. 

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Samsung sees profit drop by 8%

2015-07-30 02:41:02| BBC News | Business | UK Edition

Electronics giant Samsung sees its net profit drop by 8% for the second quarter of the year.

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