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Can Skullcandy Turn The Dial Up To 11?

2013-05-22 04:26:11| Footwear - Topix.net

Skullcandy finally found bottom after losing two thirds of its IPO valuation in mid-2011. The headphone maker initially opened for trading above $20 per share.

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GM hires 110 student interns to help clean up Detroit

2013-05-21 08:43:21| Automakers - Topix.net

General Motors North America President Mark Reuss discusses the automaker's new GM Student Corps program.

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Advocates of gay-rights ordinance more 'geared up'

2013-05-21 03:19:09| Railroads - Topix.net

Tony Caribaltes is an openly gay businessman in Jacksonville. He said the city's attitude toward gay people is improving.

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Yahoo Buys Tumblr for $1.1B, Promises 'Not to Screw It Up'

2013-05-20 19:35:22| PC Magazine Software Product Guide

After a weekend of rumors, Yahoo this morning confirmed its purchase of blogging site Tumblr for $1.1 billion.

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Vodacom grows FY revenues 4.5%, EBITDA up 10.9%

2013-05-20 09:01:00| Telecompaper Headlines

(Telecompaper) African mobile operator Vodacom reported revenue for the fiscal year to 31 March up 4.5 percent to ZAR 69.62 billion. Excluding the sale of Gateway Carrier Services and foreign currency impact, revenue was up 5.3 percent, and service revenue rose 2.9 percent. The Vodafone subsidiary finished the year with 51.7 million customers, and the number of data customers rose 22.5 percent to 18.5 million. EBITDA increased 10.9 percent to ZAR 25.25 billion, and the margin expanded 2.1 ppts to 36.1 percent. Headline earnings per share were up 23.0 percent to ZAR 8.72, as a result of strong operating profit growth and lower taxes. Capital expenditure rose 9.2 percent to ZAR 9.46 billion, and operating free cash flow rose 7.2 percent to ZAR 18.16 billion. Vodacom will pay a final dividend of ZAR 4.30; total dividends for the year of ZAR 7.85 are up 10.6 percent.

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