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Earthquake Hits Bay Area

2013-03-09 01:36:55| IT Services - Topix.net

Bay City News Service An earthquake with a preliminary magnitude of 2.7 was reported Friday afternoon off the coast of Daly City, north of Gilroy, according to the U.S. Geological Survey.

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Telecom Italia FY net loss hits EUR 1.6 bln on writedowns

2013-03-08 11:45:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has published its final results for 2012, showing a net loss of EUR 1.6 billion due to goodwill writedowns. The loss included over EUR 4 billion in impairment charges on Olivetti and the buy-out of minority shareholders in TIM, which the operator said were due to the poor market outlook and weak economic climate. In 2011, the operator reported a net loss of EUR 4.8 billion, also impacted by asset writedowns. Excluding the one-time items, net profit fell to EUR 2.4 billion from EUR 2.5 billion in 2011. Telecom Italia emphasized the charges are non-cash, and do not affect its debt reduction targets or medium-term guidance issued with preliminary annual results. It proposed a dividend of EUR 0.02 per ordinary share and EUR 0.031 per savings share, for a total distribution of EUR 454.4 million. Operating free cash flow amounted to EUR 6.47 billion in 2012, a EUR 703 million increase on 2011.

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'B' Is For 1 Billion 'Sesame Street' YouTube Hits

2013-03-07 03:36:10| PC Magazine Software Product Guide

Marking "Sesame Street"'s milestone as the first nonprofit to reach one billion hits on the video-sharing site, Count Von Count did what he does best: counted.

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PLDT hits pay dirt, reports 12% profit growth

2013-03-06 06:54:05| IT Services - Topix.net

Philippine Long Distance Telephone Company has recently reported an increase of almost 12-percent on its consolidated income in 2012 which amounts to Php35.5B compared to Php31.7B in the previous year.

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Dow hits record but not not all components are hot

2013-03-06 06:13:14| Electronics - Topix.net

International Business Machines Corporation -NYSE. Closed March 5, 2013, at $206.53, up from $118.30 on Oct.

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