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Bell Aliant Q3 profit falls $22M to $59M on costs associated with takeover by BCE

2014-10-31 06:13:32| Telecom - Topix.net

Bell Aliant Inc. has reported a big decrease in third-quarter earnings, citing costs associated with its impending takeover by BCE Inc. , which plans to take the company private. The Halifax-based regional telecom says net earnings were $59 million or 26 cents per share, down from $81 million or 35 cents in the comparable year earlier period, "driven by an increase in financial advisory, professional and consulting fees and other costs associated with the privatization transaction."

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Bell Aliant Q3 profit falls $22M to $59M on costs associated with takeover by BCE

2014-10-31 04:16:51| Wireless - Topix.net

Bell Aliant Inc. has reported a big decrease in third-quarter earnings, citing costs associated with its impending takeover by BCE Inc. , which plans to take the company private. The Halifax-based regional telecom says net earnings were $59 million or 26 cents per share, down from $81 million or 35 cents in the comparable year earlier period, "driven by an increase in financial advisory, professional and consulting fees and other costs associated with the privatization transaction."

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Samsung Electronics Third-Quarter Profit Falls

2014-10-30 08:14:05| Semiconductors - Topix.net

Samsung Electronics Co. on Thursday posted a sharply lower third-quarter net profit, as its mobile business continued to lose ground to low-cost Chinese smartphone makers where competition is expected to intensify.

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Samsung Electronics Third-Quarter Profit Falls

2014-10-30 02:53:52| Electronics - Topix.net

Samsung Electronics Co. on Thursday posted a sharply lower third-quarter net profit, as its mobile business continued to lose ground to low-cost Chinese smartphone makers where competition is expected to intensify.

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Air France-KLM Quarterly Profit Falls as Strike Takes Toll

2014-10-29 21:52:38| Airlines - Topix.net

Air France-KLM Group third-quarter profit slumped following a two-week pilot strike that crippled Europe's largest carrier, which said it may need to deepen savings as bookings remain weak into the fourth quarter. Operating profit declined to 247 million euros from 641 million euros a the year earlier, the company said today.

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