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Harsco (HSC) Posts Quarterly Earnings, Beats Estimates By $0.03 EPS
2014-11-06 21:46:04| Steel - Topix.net
Harsco released its earnings data on Thursday. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.03, Analyst Ratings Network.com reports.
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Chiquita sees quarterly boost in banana sales but posts loss
2014-11-06 17:50:47| Agriculture - Topix.net
Chiquita Brands International Inc. sales inched up 2.2 percent for the third quarter, but the Charlotte banana company still reported a loss of $18 million, or 38 cents per share.
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Waste Management Firm Clean Harbors Posts Loss in Third Quarter
2014-11-06 11:00:00| Waste Age
Waste management firm Clean Harbors Inc. posted a loss for its third quarter, resulting from economic difficulties with its Oil Re-refining and Recycling segment. read more
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Deutsche Telekom posts small rise in Q3 revenue thanks to US
2014-11-06 08:43:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported third-quarter revenues up 0.8 percent year-on-year to EUR 15.6 billion, helped by a strong performance at T-Mobile US. Revenue in the US rose 8.7 percent, while Germany was down 1.5 percent and the rest of Europe fell 3.6 percent. The group's adjusted EBITDA fell 1.8 percent to EUR 4.6 billion due to higher spending for customer growth in Germany and the US. Adjusted net profit was down 2.8 percent to EUR 800 million and fell 13.9 percent on a reported basis due to proceeds from the sale of the Bulgarian subsidiary in the year-earlier period. CEO Tim Hoettges said the operator still faced some regional challenges but the group had a very successful quarter, with for the first time over 60 percent of revenue generated outside Germany. The group increased capital expenditure 10.3 percent to EUR 2.5 billion excluding licences and spectrum. Free cash flow subsequently fell 21.2 percent to EUR 1.1 billion. This is still in line with Deutsche Telekom's guidance for EUR 4.2 billion in cash flow over the full year, after EUR 3.2 billion in the first nine months. The company also maintained its EBITDA guidance at EUR 17.6 billion.
Liberty Global posts Q3 net profit on revenues up 5%
2014-11-06 08:27:00| Telecompaper Headlines
(Telecompaper) Liberty Global reported third-quarter revenues up 5 percent year-on-year to USD 4.5 billion. Organic growth, excluding forex effects and a number of small acquisitions, was 3 percent, led by growth in Belgium and Germany. The cable group added 344,000 revenue-generating units in the three months on an organic basis, for a total 49.2 million at the end of September. The addition of 239,000 broadband customers and 151,000 telephony subscribers helped offset the loss of 46,000 TV customers. At the end of Q3, the group had 10.4 million triple-play customers, which exceeded the single-play customer base (10.1 million) for the first time. Quarterly operating cash flow rose 6 percent to USD 2.1 billion, and the net result turned to a profit of USD 157 million versus a loss of USD 830 million a year ago. Capital expenditure was down slightly to USD 908 million or 20 percent of revenue. Liberty also announced that it has completed the acquisition of Dutch cable operator Ziggo and will start integration of the company immediately. Helped by Ziggo's liquidity, the company also plans to resume its share repurchase programme and buy back USD 2.6 billion in shares over the next 14 months.
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