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Loews Profit Falls on Lower Income from Subsidiaries

2014-11-03 19:32:46| Oil & Gas - Topix.net

Hotel, energy and financial services conglomerate Loews Corp reported a 26 percent drop in quarterly profit due to lower investment income and weaker earnings from its oil rig and insurance subsidiaries. Net income attributable to Loews fell to $208 million, or 55 cents per share, in the third quarter ended Sept.

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USA Truck Posts Highest Profit in Eight Years

2014-11-03 18:04:35| Trucking - Topix.net

USA Truck Inc. reported its most profitable quarter in eight years as revenue grew in the trucking and logistics segments. The truckload carrier posted third-quarter net income of $2.7 million, or 26 cents per share, compared with a loss of $600,000, or 6 cents, a year earlier.

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Loews Profit Falls on Lower Income from Subsidiaries

2014-11-03 18:04:34| Energy - Topix.net

Hotel, energy and financial services conglomerate Loews Corp reported a 26 percent drop in quarterly profit due to lower investment income and weaker earnings from its oil rig and insurance subsidiaries. Net income attributable to Loews fell to $208 million, or 55 cents per share, in the third quarter ended Sept.

Tags: lower income falls profit

 

Ryanair Profit Soar 32% On Higher Fares

2014-11-03 10:55:05| Airlines - Topix.net

No-frills carrier Ryanair has seen half-year profit rise by a third, on the back of fare increases and being "nicer" to passengers. It said a 5% rise in ticket prices and 4% boost in seat loading were key factors behind the 32% rise in pre-tax profit, to ?907.5m , in the six months to the end of September.

Tags: higher profit fares soar

 

Sky Deutschland moves to net profit as Q1 sales up 10%

2014-11-03 09:05:00| Telecompaper Headlines

(Telecompaper) Sky Deutschland reported revenues for its fiscal first quarter up 10 percent year-on-year to EUR 431 million. Growth was led by an increase in the customer base, while ARPU was stable at around EUR 34 per month. Sky added a net 96,000 subscribers in the quarter, for a total 3.908 million at the end of September. Customer retention efforts helped reduce quarterly churn to 8.6 percent from 12.5 percent a year ago. EBITDA for the three months to September jumped 86 percent to EUR 54 million, and the net result moved to a profit of EUR 12 million versus a loss of EUR 14 million a year ago. Sky said it increased HD users by 75,000 to 2.311 million, and Sky+ users rose by 105,000 to 1.786 million. The number of customer sessions on Sky Go grew by 43 percent year-on-year to 26 million in Q1. Sky published its results a day earlier than scheduled to coincide with the expiry of BSkyB's extended bid for the company. The companies expect the acquisition to close by mid-November. The German provider reiterated its outlook for the 2014/15 financial year, for subscriber net growth of 400,000 to 450,000, EBITDA of EUR 80-110 million and a continued strong increase in revenues.

Tags: up net sales deutschland

 

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