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Shell posts lower first-quarter net profits

2015-05-01 09:43:51| Energy - Topix.net

Anglo-Dutch energy giant Royal Dutch Shell, which is buying British rival BG Group, posted falling first-quarter profits Thursday on sliding oil prices. Net profit or earnings after tax dipped two percent to $4.4 billion in the three months to March compared a year earlier, it said in a results statement.

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West Europe mobile prices trend lower in Q1

2015-05-01 08:59:00| Telecompaper Headlines

(Telecompaper) The cost of a mobile plan including a top smartphone showed a general decline in most countries in Western Europe in the first quarter of 2015, according to the latest research from Telecompaper. The survey of prices advertised in Q1 2015 in 16 countries showed prices trending lower in most countries compared to six months previously, both for plans including a high-end handset and for SIM-only plans. In total, more than 3,200 plans were on offer in Q1, about 18 percent less than during the previous survey in Q3 2014. The research found that mobile plans are coming with ever-larger bundles. For example, around 36 percent of all SIM-only plans had 1,000+ or unlimited months each month, up from 27 percent in Q3 2014. Data bundles are growing as well, especially in Austria, Denmark, Germany, France and Ireland, where there was a strong increase in plans with more than 2GB of monthly data. Across all 16 countries, 34 percent of the SIM-only plans had more than 2GB. The share of plans with less than 1GB of data per month is decreasing gradually, reaching 38 percent of SIM-only plans in the latest period. 

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US stocks open lower as investors assess corporate earnings

2015-04-30 16:54:49| Electronics - Topix.net

U.S. stocks opened lower in early trading Thursday as investors assessed the latest corporate earnings. Harman International, which makes audio systems for cars, and Yelp, an online listing company, fell sharply after posting weak earnings reports.

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Poor batch of earnings send stocks lower in early trade

2015-04-30 15:54:48| Electronics - Topix.net

Harman International , which makes audio systems for cars, Varian Medical Systems and Celgene all dropped in early trading Thursday after their revenue fell short of analysts' estimates. The Dow Jones industrial average lost 13 points, or 0.1 percent, to at 18,024 as of 9:35 a.m. Eastern time.

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Telecom-media giant BCE posts lower Q1 net profit due to Quebecor court battle

2015-04-30 15:53:17| Wireless - Topix.net

BCE Inc. reports that its first-quarter profit suffered from a $137-million expense related to a long-running court battle with rival Quebecor but, after adjusting for that, its telecom and media business showed growth from last year. The Montreal-based company said its net income attributable to shareholders in the first quarter was $532 million, down 13.5 per cent from the same time last year.

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