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General Mills downgraded to Hold from Buy at Deutsche Bank
2014-11-08 17:10:25| Agriculture - Topix.net
On The Fly: Pre-market Movers HIGHER: Sears , up 22.5% after reporting Q3 same-store sales were flat with prior year, saying company is actively exploring a REIT transaction involving 200-300 owned properties through a rights offering... Gap , up 2.9% after reporting October same-store sales fell 3%, giving Q3 EPS guidance that beat estimates... Zynga , up 9%, upgraded at Needham following the company's Q3 earnings report... King Digital , up 8.6% after Q3 results top expectations, company announces $150M share repurchase program... ChannelAdvisor , up 30% after earnings, guidance, announcing acquisition of U.K. based E-Tale Holdings... Rockwell Medical , up 25% after FDA committee recommends Triferic to treat iron loss in certain patients with chronic kidney disease... Repros Therapeutics , up 23% following meeting with FDA regarding Androxal NDA filing.
Deutsche Telekom posts small rise in Q3 revenue thanks to US
2014-11-06 08:43:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported third-quarter revenues up 0.8 percent year-on-year to EUR 15.6 billion, helped by a strong performance at T-Mobile US. Revenue in the US rose 8.7 percent, while Germany was down 1.5 percent and the rest of Europe fell 3.6 percent. The group's adjusted EBITDA fell 1.8 percent to EUR 4.6 billion due to higher spending for customer growth in Germany and the US. Adjusted net profit was down 2.8 percent to EUR 800 million and fell 13.9 percent on a reported basis due to proceeds from the sale of the Bulgarian subsidiary in the year-earlier period. CEO Tim Hoettges said the operator still faced some regional challenges but the group had a very successful quarter, with for the first time over 60 percent of revenue generated outside Germany. The group increased capital expenditure 10.3 percent to EUR 2.5 billion excluding licences and spectrum. Free cash flow subsequently fell 21.2 percent to EUR 1.1 billion. This is still in line with Deutsche Telekom's guidance for EUR 4.2 billion in cash flow over the full year, after EUR 3.2 billion in the first nine months. The company also maintained its EBITDA guidance at EUR 17.6 billion.
Deutsche Telekom revenue edges up on T-Mobile US turnaround
2014-11-06 01:00:00| Total Telecom industry news
Adjusted EBITDA falls on hefty investments in domestic, U.S. operations.
Tags: us
deutsche
revenue
telekom
24i and Unified Streaming provide app and content for Deutsche Glasfaser fibre TV
2014-11-04 15:00:10| Digital TV News
App developer 24i and streaming-platform provider Unified Streaming have collaborated on an OTT TV-Everywhere service for German fibre operator Deutsche Glasfaser. The Dutch companies have co-operated to deliver a seamless back-end to front-end solution.
Tags: content
tv
provide
deutsche
Cairn Energy PLC Earns "Hold" Rating from Deutsche Bank
2014-11-02 08:42:47| Energy - Topix.net
's stock had its "hold" rating reiterated by stock analysts at Deutsche Bank in a report issued on Thursday. They currently have a GBX 185 price objective on the stock.
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