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Telecom Italia sees domestic recovery despite falling revenue, profit

2014-11-07 01:00:00| Total Telecom industry news

CEO Marco Patuano says Italian incumbent has 'overcome' the price war.

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No Recovery, But a Sliver of Drought Gain for Calif

2014-11-07 00:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The phrase "abnormally dry' might conjure up a skin condition or your preferred type of martini. But it might just be the most positive words uttered in months about California's relentless drought. According to the U.S. Drought Monitor released Thursday, a tiny sliver of the Golden State is no longer in drought, the first time that's happened since late April. "Abnormally dry' is what the Drought Monitor uses to describe areas on the fringes of drought. This week's Drought Monitor shows a fraction...

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Analysts: Chrysler could be poster child of auto industry recovery

2014-11-06 18:31:57| Automakers - Topix.net

Chrysler Group LLC has come a long way from the bleak days of a bankruptcy and bailout in 2009, analysts note. On Wednesday the company, which was merged with Fiat SpA earlier this year, reported a rise of 31 percent in net profits to $611 million.

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Income tax recovery boosts Brookfield Residential Properties to $86M Q3 profit

2014-11-05 05:13:45| Telecom - Topix.net

Brookfield Residential Properties Inc. says a major recovery of income taxes helped more than double third-quarter profit to US$86 million. The earnings, amounting to 73 cents US per diluted share compared with net earnings of $35 million or 29 cents per share in the comparable year-earlier period.

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Russian Sanctions Put Swedbank's Baltic Recovery Hopes on Hold

2014-11-04 12:51:02| Appliances - Topix.net

The biggest bank in the Baltic region says sanctions against Russia are destroying its hopes of a recovery in credit demand in Estonia , Latvia and Lithuania. Swedbank AB , a Swedish bank that lived through the 2009 Baltic housing collapse, was counting on a rebound in credit growth this year before the crisis in Ukraine upended its business plan.

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