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Softbank's H1 net income falls, revenues up 10%

2015-11-04 11:50:00| Telecompaper Headlines

(Telecompaper) Japanese communications provider Softbank posted a net income of JPY 426.7 billion for the first half ended 30 September, a decrease of 22 percent year-on-year. The company recorded an impairment charge of JPY 33.2 billion in the period to write down the value of its stake in Trikomsel, an Indonesian company undergoing debt restructuring. Softbank's net sales amounted to JPY 4.42 trillion in H1, up 10 percent from JPY 4.02 billion a year earlier, and EBITDA increased 22 percent to JPY 1.32 trillion. Revenue growth was helped by the weaker yen versus the US dollar, as well as underlying growth at the Japanese activities. Free cash flow jumped to JPY 180 billion from JPY 68 billion a year ago, helped by a slowdown in capital expenditure. 

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UK service sector growth picks up

2015-11-04 11:06:22| BBC News | Business | UK Edition

Growth in the UK service sector accelerated last month, according to a closely watched survey.

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These 13 U.S. States Saw Carbon Pollution Go Up

2015-11-02 14:00:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Some U.S. states, such as Maine, are already well on their way to meeting new federal targets aimed at curbing emissions of carbon dioxide. But 13 states have been moving in the opposite direction. While levels of the heat-trapping greenhouse gas went down in 37 states and the District of Columbia between 2000 and 2013, they actually increased in 13 states, according to figures recently released by the Energy Information Administration. Nebraska saw the biggest rise: Carbon emissions jumped...

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Strong RV Sales Drive Patrick 3Q Profits up 24%

2015-10-31 05:17:41| Automakers - Topix.net

Elkhart, Ind.-based supplier Patrick Industries Inc. reported a 24% increase in net income for its third quarter, ended Sept. 27, boosted by strong recreational vehicle sales.

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CN beats forecasts as Q3 profits up 18%

2015-10-29 20:34:25| Railroads - Topix.net

Canadian National Railway says it remains on track to deliver double-digit earnings growth for the year as net earnings surged 18 per cent in the third quarter despite lower volumes shipped. The country's largest railway beat expectations as it reported more than $1 billion in profits in the three months ended Sept.

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