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Loblaw feels impact of special items, Q4 net earnings drop by more than one-third

2016-02-25 15:39:03| Grocery - Topix.net

Loblaw Companies Ltd. says that its fourth-quarter profit was down by more than one-third compared with the prior year, largely because of special items including the write-down of some assets that are set aside for sale. Canada's largest grocery and pharmacy retailer says net income for shareholders fell to $128 million, or 31 cents per share.

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High risk of bankruptcy for one-third of oil firms: Deloitte

2016-02-16 15:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Roughly a third of oil producers are at high risk of slipping into bankruptcy this year as low commodity prices crimp their access to cash and ability to cut debt, according to a study by Deloitte, the auditing and consulting firm. The report, based on a review of more than 500 publicly traded oil and natural gas exploration and production companies across the globe, highlights the deep unease permeating the energy sector as crude prices sit near their lowest levels in more than a decade, eroding...

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David Abrams Trims Stake in Manitowoc by More Than One-Third

2016-01-24 23:28:12| Industrial Machines - Topix.net

David Abrams , founder of Abrams Capital Management, has received a lot of attention for several comparatively small additions to his stake in Barnes & Noble Education Inc. since the end of the third quarter, but he has made two considerably larger transactions in another existing stake, a stake that was new to his portfolio in that third quarter, that haven't been as high profile. That stake is Manitowoc Co.

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One-third of UK broadband households have an OTT video subscription

2016-01-12 11:00:40| Digital TV News

Parks Associates has announced research revealing that 33% of U.K. broadband households subscribed to an OTT video service as of 3Q 2015. The same study shows that only 15% of U.K. households with pay TV subscribe to premium movie channels.

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One-third of US households will have 4K TVs in 2019

2015-12-10 19:30:54| Digital TV News

By the end of 2017, most 50-inch-and-larger TVs worldwide will feature 4K resolution, according to IHS (NYSE: IHS). With its comparatively strong economy and consumer penchant for large-screen TVs, 4K TV household penetration in the United States will reach 34 percent in 2019.

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