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Tag: shortfall
MTA's five-year capital plan may have $12BN shortfall: controller
2014-07-25 18:04:31| Railroads - Topix.net
The state controller's report revealed that $15 billion will be needed to upgrade signals and $2 billion will be required for subway cars.
Tags: plan
capital
controller
shortfall
Qualcomm warns of licence revenue shortfall in China
2014-07-24 08:17:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal third quarter to June of USD 6.81 billion, up 9 percent from a year earlier and 7 percent more than in the previous quarter. Operating profit rose 24 percent year-on-year to USD 2.08 billion, and net profit was up 42 percent to USD 2.24 billion or USD 1.31 per share. The results were better than the company's outlook, driven by demand for its chips in smartphones. The company however lowered its near-term outlook due to suspected under-reported revenues from licensees in China. Qualcomm estimates 287-296 million 3G/4G devices not reported or not licensed by manufacturers this year compared to its previous sales estimate, leading to a revenue shortfall. Some manufacturers may be delaying taking a licence pending the outcome of the investigation by the Chinese authorities into Qualcomm's business practices. Qualcomm said it's taking steps to address the issue, but it can't give a timetable for a resolution. As a result, the company narrowed its outlook for full-year results to 6-9 percent revenue growth and 1.04-1.13 billion devices shipped, versus a previous estimate of 5-11 percent revenue growth and 1.22-1.30 billion devices shipped. The EPS outlook was improved to 17-21 percent growth, helped by further share buybacks planned for the fourth quarter.
Tags: china
revenue
licence
warns
Two Million Hectare Shortfall in UK Land Predicted
2014-06-30 02:00:00| ThePigSite - Industry News
UK - A University of Cambridge Institute for Sustainability Leadership (CISL) study has revealed that by 2030, the UK could require up to seven million hectares of additional land to meet a growing population’s food, space and renewable energy needs, while increasing the area needed to protect nature and its services.
Tags: land
million
predicted
shortfall
Australia to 'Fail' in Achieving Carbon Emission Reduction Targets Due to Shortfall
2014-06-13 04:29:00| Climate Ark Climate Change & Global Warming Newsfeed
Business Times: Prime Minister Tony Abbott is attempting to undo what his predecessors have done to reduce carbon emissions. The Abbott government is moving to abolish the carbon tax and replace it with the Direct Action plan. Reputex, a major carbon market analysis firm in Australia, said the Abbott government's proposed Emissions Reduction Fund is not enough to meet the country's target of cutting emissions to 5 per cent below 2000 levels by 2020. When Australia misses its mark, it will also fail to meet its...
Tags: to
due
australia
reduction
1bn 'shortfall' in PPI compensation
2014-06-05 01:06:01| BBC News | Business | UK Edition
Some leading banks may have underpaid by up to 1bn the compensation certain customers are due for mis-sold Payment Protection Insurance, the BBC learns.
Tags: compensation
shortfall
ppi
1bn
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