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Jim Long Pork Commentary: Lean hog futures moving up and down

2019-05-08 10:07:00| ThePigSite - Industry News

As the whole world focuses on China US producers are in a profitable position.

Tags: long down moving jim


Sprint says more challenges ahead after quarterly loss, service revenues down 3.6%

2019-05-08 09:05:00| Telecompaper Headlines

(Telecompaper) Sprint reported a net loss of USD 2.17 billion for its fiscal fourth quarter to March, hurt by an impairment charge of USD 2 billion to write down assets. That compares to a small profit of USD 69 million in the year-earlier period. Revenues rose 4.4 percent to USD 8.44 billion, led by higher equipment sales, and adjusted EBITDA was up 13.3 percent to USD 3.14 billion, thanks to cost reductions and a positive effect from the new lease accounting standards. 

Tags: service down loss ahead


Last week in media: European broadcasters and ad agencies up, music shares down

2019-04-22 07:00:00| Telecompaper Headlines

(Telecompaper) Some of the biggest ad agencies, including Publicis (+9.3%) and Omnicom (+7.7%), led the media sector higher in week 16. Also, some of the heaviest constituents had a positive week, including Comcast (+2.7%), Netflix (+2.6%), Walt Disney (+1.8%) and Alphabet (+1.5%). The week's poorest performances were delivered by McClatchy (-13%) and Salem Media (-12%). Earnings season was kicked off by Omnicom, Vivendi and Netflix.

Tags: up music media down


ABB Names Peter Voser As Interim CEO, Ulrich Spiesshofer Steps Down

2019-04-18 19:04:15| OGI

ABBs board of directors and Ulrich Spiesshofer have mutually agreed for him to step down from his role as CEO, which he has held since 2013, the company said on April 17.

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Last week in media: Publicis and Fortnite drag the sector down

2019-02-11 14:49:00| Telecompaper Headlines

(Telecompaper) The TPSI Global Consumer Media lost -0.8 percent last week, as disappointing results from Publicis overshadowed positive earnings reports from Snap and the New York Times. The Dow Jones Industrials ended week 6 up 0.2 percent. Electronic Arts benefitted from the success of its new title Apex Legends, despite weak results, whereas other games manufacturers were hit by the ongoing success of Epic Games' Fortnite.

Tags: the media down week


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