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TOP NEWS: Automotive Digest and CBT News Team Up
2013-05-08 09:00:30| AutomotiveDigest.com - Automotive Industry News
Announcing a powerful new alliance between online automotive magazine, Automotive Digest, and online automotive industry broadcast media, CBT News. Cadillac puts its "Super Cruise" semi-automated driving technology into pilot phase, signaling a significant advance in automotive highway safety. Struggling to put sales in the plus column for the Lincoln MKZ in the first 3 months of 2013, Lincoln records a very good month of April.The Article TOP NEWS: Automotive Digest and CBT News Team Up appeared first on Automotive Digest.
George Weston net profit rises to $162M in Q1; sales up 3.7 per cent at $7.49B
2013-05-07 16:05:42| Grocery - Topix.net
George Weston Limited has reported an almost 34 per cent increase in is first-quarter net earnings, attributing the improvement to a number of factors including foreign currency translation and amendments to its defined benefit pension plan.
In California some ships plug in to power up
2013-05-07 15:37:13| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: In less than a year, many of the towering cargo ships loading and unloading goods at California ports won't just tie up at dock they'll also plug in. In January, the state will become the first government body in the world to require container fleets docking at its major ports to shut off their diesel engines and use electricity for 50 percent of their visits or face crippling fines. The requirements also include slashing fleet emissions by half, and those requirements rise to 80 percent in...
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Liberty Global breaks even in Q1, revenues up 9%
2013-05-07 09:05:00| Telecompaper Headlines
(Telecompaper) Liberty Global reported first-quarter revenues up 9 percent from a year earlier to USD 2.77 billion, led by double-digit growth in Germany and Belgium. Operating cash flow rose 6 percent to USD 1.27 billion, and operating profit was up 6 percent to USD 525 million. The net result was breakeven, after a loss of USD 25 million a year earlier. The cable operator finished the period with a total 35.2 million revenue-generating units, up by 373,00 from three months earlier. That includes gains of 70,000 in central and eastern Europe, 63,000 in Latin America and 240,000 in western Europe. Over 30 percent of the customer base subscribed to triple-play packages at the end of March. Liberty said it also had over 200,000 subscribers for its Horizon TV platform, launched last year in the Netherlands and in Switzerland in January. Horizon will launch in Ireland this summer and Germany later in the year. The company also expects to complete its takeover of the UK's Virgin Media in the second quarter, after a shareholder vote in early June. In addition, it has increased its stake in Dutch cable operator Ziggo to 18.2 percent. Liberty said it still expects to have sufficient cash after the takeover to complete its USD 3.5 billion share buyback in the coming two years. The company generated free cash flow of USD 28 million in Q1, after capex of USD 504 million. Total cash was USD 2.9 billion at the end of March.
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Frontier Communications Q1 profit up 80%
2013-05-07 02:00:00| Total Telecom industry news
U.S. regional player on track to cut opex by $100 million this year.
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