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US stocks move lower after several companies including IBM report disappointing results
2015-07-21 21:36:21| IT Services - Topix.net
Weak results from IBM, Verizon, United Technologies and other companies weighed on U.S. stocks Tuesday morning, sending major indexes lower. Apple and Microsoft are among the other big-name companies reporting earnings later in the day.
Tags: results
including
report
companies
Potential for Lower NV Energy Rates
2015-07-21 11:24:51| Semiconductors - Topix.net
NV Energy customers may soon see a drop in the their energy bills. The company announced that it has reached an agreement with stakeholders, that - if approved - would result in cheaper electric bills.
Tags: rates
lower
potential
energy
Potential for Lower NV Energy Rates
2015-07-21 11:18:53| Electronics - Topix.net
NV Energy customers may soon see a drop in the their energy bills. The company announced that it has reached an agreement with stakeholders, that - if approved - would result in cheaper electric bills.
Tags: rates
lower
potential
energy
Tele2 revenue growth continues in Q2, EBITDA turns lower
2015-07-21 08:42:00| Telecompaper Headlines
(Telecompaper) Tele2 reported continued revenue growth in the second quarter on its expansion in the mobile market, while profits fell due to the costs of launching its own network in the Netherlands and restructuring. Total revenues rose 4 percent to SEK 6.611 billion, led by a 7 percent rise in mobile service revenues to SEK 3.324 billion. EBITDA fell to SEK 1.393 billion from SEK 1.470 billion a year ago, and the margin dropped to 21 percent from 23. In addition to lower profits from fixed services, EBITDA was hurt by losses in the Netherlands mobile business for the roll-out of its own network there and SEK 71 million in charges for the earlier announced 'Challenger' programme to reduce costs. Net profit dropped to SEK 309 million from SEK 802 million a year ago, when the company had a positive one-off of SEK 363 million from the valuation of a put option in Kazakhstan. Capital expenditure jumped to SEK 1.134 billion from SEK 850 million in the year-earlier period, amid increased investments in mobile networks in the Netherlands, Sweden and Kazakhstan. Free cash flow was a negative SEK 268 million, little changed from a year ago. Tele2 maintained its outlook for mid single-digit growth in mobile service revenue this year and total revenues of SEK 25.5-26.5 billion. EBITDA is expected to reach SEK 5.8-6.0 billion in 2015, and capital expenditure will total SEK 3.8-4.0 billion. Restructuring costs for the Challenger programme are expected at around SEK 200 million.
Tags: lower
growth
continues
revenue
MIT researchers advancing development of supercritical water upgrading of heavy crude; lower cost, energy use and CO2
2015-07-18 13:55:36| Green Car Congress
Tags: use
development
mit
cost
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