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Greenlands Ice Loss Slows, But Still Wont Save Coasts
2013-05-08 22:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Central: The flow of Greenland's glaciers toward the sea may have increased significantly in the past decade, but a new report in Nature finds that rate of increase is unlikely to continue. "The loss of ice has doubled in the past 10 years, but it's not going to double again,' said lead author Faezeh Nick, a glaciologist at the University Centre in Svalbard, in Longyearbyen, Norway, in an interview. That conclusion, based on a new, sophisticated computer model, makes the worst-case scenario of sea level...
Telefonica Q1 profit up 21% but LatAm growth slows
2013-05-08 02:00:00| Total Telecom industry news
Spanish incumbent misses forecasts as group revenues slide 8.8%.
Tags: growth
profit
telefonica
slows
US consumer spending slows in March
2013-04-29 16:13:51| BBC News | Business | UK Edition
US consumer spending slowed in March but still rose by more than predicted, figures show, providing an unexpected boost to the economy.
Tags: march
consumer
spending
slows
Auto sectors add value, but growth rate slows
2013-04-29 10:15:46| Auto Dealers - Topix.net
Volkswagen, the best performer among automakers on a three-year basis, had a double-digit decline in the first quarter.
Ericsson sales growth slows to 2% in Q1
2013-04-24 08:30:00| Telecompaper Headlines
(Telecompaper) Ericsson reported first-quarter sales up 2 percent year-on-year to SEK 52.0 billion. On a comparable basis and excluding forex effects, sales increased 7 percent from a year earlier and were down 19 percent from Q4. Ericsson said growth was led by the Networks division and roll-out services, with a number of projects in Europe and North America. Networks revenues were up 3 percent to SEK 28.1 billion, and Global Services sales rose 4 percent to SEK 21.5 billion. Operating profit, including income from joint ventures, fell 77 percent from a year earlier to SEK 2.1 billion, hurt by a charge of SEK 1.4 billion for the restructuring in Sweden amd the gain of SEK 7.7 billion last year from the divestment of Sony Ericsson. Net profit fell to SEK 1.2 billion from SEK 8.8 billion a year ago. Operating cash flow was a negative SEK 3.0 billion due to higher working capital, and net cash decreased by SEK 6.3 billion from the end of 2012 to SEK 32.2 billion. Ericsson was positive on the outlook, with 4G procurement starting in Russia and China, 21 new managed services contracts signed in the past quarter and strong demand for its SSR routing platform as well as OSS and BSS. While coverage projects have continued to have a higher share than capacity projects, the company expects an improvement in the business mix towards more capacity projects during the second half of 2013.
Tags: sales
growth
ericsson
q1
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