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Telecom Rogers Communications posts lower Q2 net earnings on flat revenues

2014-07-24 14:46:32| Telecom - Topix.net

Rogers Communications Inc. has reported a lower second-quarter net income of $405 million, or 76 cents per diluted share, while the telecom company struggled to add more wireless customers.

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Grocer Loblaw Companies Ltd. reports Q2 net earnings loss on higher revenues

2014-07-24 14:07:32| Grocery - Topix.net

Loblaw Companies Ltd. is reporting a second-quarter net earnings loss of $456 million, or $1.13 per share, compared with net earnings of $177 million, or 63 cents per share in the same quarter of 2013.

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Facebook grows mobile to 62% of ad revenues

2014-07-24 08:33:00| Telecompaper Headlines

(Telecompaper) Facebook maintained its double-digit growth in the second quarter, growing revenues 61 percent year-on-year to USD 2.91 billion. The number of daily active users on the social network was up 19 percent to 829 million, and monthly users increased 31 percent to 1.07 billion. Facebook's strongest growth was in mobile, where the number of active daily users rose 39 percent to 654 million. Mobile accounted for 62 percent of its USD 2.68 billion in advertising revenue in the quarter, up from 41 percent in the year-earlier period. Net profit rose to USD 791 mllion or 30 cents a share, from USD 333 million or USD 0.13 per share in the second quarter of 2013. The company invested USD 469 million in the quarter, while generating free cash flow of USD 872 million. Facebook finished the quarter with total cash of USD 13.96 billion. 

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Teradyne Reports Strong Sequential Growth in Second Quarter 2014 Orders, Revenues and Earnings

2014-07-24 07:25:48| Semiconductors - Topix.net

Teradyne, Inc. reported revenue of $526 million for the second quarter of 2014 of which $422 million was in Semiconductor Test, $69 million in Wireless Test and $35 million in System Test.

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Satellite TV revenues to reach $100 billion

2014-07-23 09:00:51| Digital TV News

Satellite TV revenues will reach $99.9 billion in 2020, up from $87.8 billion in 2013 and $69.3 billion in 2010, according to a report from Digital TV Research.

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