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US Senate Committee votes to lift ban on crude oil exports

2015-07-31 01:00:00| Hydrocarbons Technology

US Senate Committee on Energy and Natural Resources has passed a bill supporting removal of the 40 year old ban for crude oil exports.

Tags: committee oil votes ban

Company results lift FTSE 100

2015-07-30 10:21:45| BBC News | Business | UK Edition

The FTSE 100 rises as investors digest a raft of results from some of the UK's biggest companies.

Tags: results company lift ftse

Sales of amiibo lift Nintendo's first-quarter earnings

2015-07-29 22:16:17| Electronics - Topix.net

Sales of amiibo lift Nintendo's first-quarter earnings First earnings call since the death of president, CEO Satoru Iwata. Check out this story on USATODAY.com: http://usat.ly/1I1lCSd Nintendo posted a profit during the first quarter off strong sales for its line of amiibo figures and the launch of Wii U action title Splatoon .

Tags: sales lift earnings nintendos

Twitter narrows net loss as Q2 revenues lift to USD 502 mln

2015-07-29 07:46:00| Telecompaper Headlines

(Telecompaper) Twitter reported second-quarter revenues of USD 502 million, up 61 percent from the year-earlier figure and above its guidance of USD 470-485 million. Without forex effects, revenues would have increased 68 percent. Advertising revenues rose 63 percent from the year before to USD 452 million, with mobile advertising revenues making up 88 percent of the total. The net loss narrowed to USD 137 million or 21 cents a share from 145 million or 24 cents a share the year earlier. Adjusted EBITDA exceeded the company's target for Q2, coming in at USD 120 million from 54.1 million, representing an adjusted EBITDA margin of 24 percent. Twitter CEO Dick Costolo was pleased with the good progress in monetization but was not satisfied with audience growth. In order to realise its full potential, the CEO said the company had improve in three key areas: it needed to ensure more disciplined execution, simplify its service to deliver value faster, and better communicate that value.

Tags: net loss usd lift