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At midday: TSX drops on profit-taking, lower oil prices

2015-07-18 05:16:45| Oil & Gas - Topix.net

A sign board displaying Toronto Stock Exchange stock information is seen in Toronto June 23, 2014. A sign board displaying Toronto Stock Exchange stock information is seen in Toronto June 23, 2014.

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TeliaSonera organic service revenue, EBITDA lower in Q2

2015-07-17 09:07:00| Telecompaper Headlines

(Telecompaper) TeliaSonera reported second-quarter sales up 8.5 percent year-on-year to SEK 21.1 billion, helped by its acquisition of Tele2 Norway and currency effects. Excluding currency effects, acquisitions and disposals, total sales increased 1.9 percent, while service revenues were down 1.3 percent. Adjusted EBITDA was up 4.0 percent on a reported basis but down 4.0 percent on an organic basis, to SEK 9.2 billion. The margin fell 33.9 percent from 35.4 a year ago. Adjusted operating profit declined 7.6 percent to SEK 5.9 billion, and net profit was down 8.1 percent to SEK 3.3 billion. Free cash flow increased strongly to SEK 6.3 billion from SEK 2.5 billion, thanks to dividends of SEK 4.7 billion from Turkcell. TeliaSonera said it expects the earnings trend to improve somewhat in the second half of the year and reiterated its full-year outlook for stable organic EBITDA. However, the company noted increased risks to performance in Eurasia due to the difficult economic climate and currency fluctuations. Capital expenditure is estimated at SEK 17 billion over the full year, excluding licence and spectrum fees, after spending SEK 8.3 billion in the first six months. 

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Mercury scrubbers at power plant lower other pollution too

2015-07-15 23:02:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: Air pollution controls installed at an Oregon coal-fired power plant to curb mercury emissions are unexpectedly reducing another class of harmful emissions as well, an Oregon State University study has found. Portland General Electric added emission control systems at its generating plant in Boardman, Oregon, in 2011 to capture and remove mercury from the exhaust. Before-and-after measurements by a team of OSU scientists found that concentrations of two major groups of air pollutants went down...

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Con Edison to Install Storm Hardening System in Lower Manhattan

2015-07-13 16:53:00| Transmission & Distribution World

Siemens is partnering with Con Edison to install technology that will help keep Con Edison customers in sections of Lower Manhattan in service during severe flooding. read more

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Refinery downtime, pressure in ag segments, send profit lower at CHS

2015-07-11 03:46:38| Agriculture - Topix.net

CHS Inc., the agriculture cooperative and energy company, said Friday its fiscal third-quarter earnings fell 53 percent due to maintenance at a refinery and difficult base of comparison. CHS reported earnings of $178.1 million for the three months ended May 31, down from $379.5 million a year ago.

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