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Telenor offers higher dividend after drop in profit in 2019, sees return to underlying EBITDA growth in 2020

2020-01-29 08:52:00| Telecompaper Headlines

(Telecompaper) Telenor has increased its dividend by 4 percent to NOK 8.7 per share, despite a drop in net profit over the past year due to divestments and provisions. Cash flow also turned negative after the acquisition of DNA in Finland. Underlying EBITDA fell 2.6 percent, in line with its outlook, and Telenor said it aims to return the figure to growth of 2-4 percent in the new year. Organic revenue growth is estimated flat to 2 percent higher this year, after a 1.2 percent rise in 2019. 

Tags: in return offers higher

 

Cincinnati Bell gets higher bid from infrastructure fund, at USD 12 per share

2020-01-27 08:57:00| Telecompaper Headlines

(Telecompaper) Cincinnati Bell said it has received a unsolicited bid from an infrastructure fund. The bid, at USD 12 per share, tops the offer Cincinnati Bell earlier accepted a bid from Brookfield Infrastructure, at USD 10.50 per share, or USD 2.6 billion in total. Although the board of Cincinnati Bell supports the transaction with Brookfield, the agreement allows Cincinnati Bell to talk with other companies, and the company confirmed it is doing so with the infrastructure fund. 

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Schlumberger Tops Estimates On Higher International Drilling Activity

2020-01-17 14:20:00| OGI

Schlumberger has been cutting costs, restructuring operations and reducing capacity to minimize the hit on margins from lower activity in North America.

Tags: international higher activity estimates

 

USDA seeking input on new higher ethanol blend sales infrastructure incentive program

2020-01-17 11:55:38| Green Car Congress

Tags: program sales higher input

 

Feeder cattle volume, price moves higher

2020-01-09 18:27:00| Beef

After a slow two weeks because of holiday closure, numbers were up for both feeder and slaughter cattle. However, slaughter cow prices didn't hold as firm as feeder cattle prices. Get all the details in today's report.

Tags: price volume higher moves

 

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