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Dow Jones Industrial Average Today Ends Flat as ECB Ends Interest Rate Cuts
2016-03-11 02:30:48| Trucking - Topix.net
When we recommended Aerojet Rocketdyne Corp. in the February 2013 report "If This Stock Doubles, Thank North Korea," we said the global proliferation of ballistic missiles would create a huge growth market for this maker of the rocket engines used in missile-interceptor systems. With the European Central Bank pulling out the biggest bazooka yet in terms of monetary policy, the Dow Jones Industrial Average was expected to resume its sugar high.
Tags: today
rate
interest
average
Dow Jones Industrial Average Today Ends Flat as ECB Ends Interest Rate Cuts
2016-03-11 01:10:39| Air Courier - Topix.net
When we recommended Aerojet Rocketdyne Corp. in the February 2013 report "If This Stock Doubles, Thank North Korea," we said the global proliferation of ballistic missiles would create a huge growth market for this maker of the rocket engines used in missile-interceptor systems. With the European Central Bank pulling out the biggest bazooka yet in terms of monetary policy, the Dow Jones Industrial Average was expected to resume its sugar high.
Tags: today
rate
interest
average
Market flat despite gains in energy sector
2016-03-10 11:25:16| Energy - Topix.net
A rise of almost five per cent in oil prices pushed the major energy companies and the wider market higher when trade began. By 1200 AEDT, Origin Energy's gain was a more modest seven cents to $5.09, while Woodside Petroleum was up 15 cents at $26.98 and Santos was six cents higher at $3.85.
Tags: market
energy
flat
sector
Telefonica Q4 sales flat, OIBDA falls 88% on restructuring
2016-02-26 08:12:00| Telecompaper Headlines
(Telecompaper) Telefonica reported fourth-quarter revenues flat at EUR 11.881 billion, as negative currency effects offset growth from the acquisitions of GVT and DTS. OIBDA fell 88.1 percent to EUR 401 million due to restructuring charges. On an organic basis, Telefonica reported revenues down 2.0 percent in Spain, up 2.0 percent in Germany and 3.4 percent higher in Latin America. OIBDA was hut by a total EUR 3.122 billion in restructuring charges, including EUR 2.896 billion in Spain, as well as a contribution to the Telefonica Foundation of EUR 325 million. The net result was a loss of EUR 1.832 billion. Over the full year, Telefonica reported capital expenditure up 10.3 percent to EUR 9.578 billion, of which around EUR 1.6 billion went to spectrum, and the company posted positive operating cash flow of EUR 1.835 billion. Net debt rose by EUR 4.834 billion over the year, mainly due to dividends, capex and spectrum, to a total EUR 49.921 billion at year-end. This resulted in leverage of 2.91 times EBITDA, which the company estimates will fall to 2.31 after the sale of O2 UK. Telefonica expects to resume cash dividends next year at EUR 0.75 per share after the sale of O2. It also forecast for 2016 revenue growth over 4 percent, a stabilisation in the OIBDA margin and capital expenditure (excluding spectrum) at around 17 percent of revenues.
Tags: sales
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falls
restructuring
Coke falls flat at court with EU trademark bid for bottle shape
2016-02-24 23:09:03| Beverages - Topix.net
Coca-Cola's bid to win European Union trademark protection for a new version of its iconic bottle fell flat as EU judges said its curvaceous design wasn't distinctive enough. The world's biggest soft-drink company sought to convince the EU General Court in Luxembourg that consumers would see it as a "natural evolution" of the earlier shape loved by designers and artists from Andy Warhol to Salvador Dal.
Tags: court
flat
trademark
falls
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