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National Safety Stand-Down Highlights Importance of Preventing Falls

2016-02-16 17:43:00| Electrical Construction & Maintenance

The Occupational Safety and Health Administration and other federal safety agencies have designated May 2-6, 2016, for the third annual National Safety Stand-Down. read more

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Electrician Falls to Death at Ohio Factory

2016-02-11 18:42:00| Electrical Construction & Maintenance

A General Motors skilled trades worker was killed last week in a fall at the General Motors Defiance, Ohio Casting Operations facility. read more

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Zain FY revenue falls 6% to USD 3.78 bln, EBITDA stable

2016-02-10 15:38:00| Telecompaper Headlines

(Telecompaper) Zain Group reported a 6 percent decline in its revenues for 2015 to USD 3.78 billion, while EBITDA was stable at USD 1.66 billion, giving a healthy EBITDA margin of 44 percent. The net profit reached USD 513 million, down 21 percent, reflecting earnings per share of USD 0.13.

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America Movil Q4 sales flat, EBITDA falls 3%

2016-02-10 08:28:00| Telecompaper Headlines

(Telecompaper) America Movil saw its revenue growth slow to 0.6 percent in the fourth quarter of 2015, for a total of MXN 231 billion. Service revenues declined 0.6 percent year-on year at constant exchange rates, in line with the preceding two quarters. Mobile data revenues rose 10.3 percent, fixed data was up 7.9 percent, and pay-TV revenues grew 6.6 percent, helping to offset weakness in some mobile markets. EBITDA fell 2.9 percent to MXN 63.9 billion, while net profit rose six-fold to MXN 15.7 billion, thanks to lower financing costs and forex losses. Net debt rose to MXN 585 billion, or 1.8 times EBITDA, from MXN 537 billion at the end of 2014. AMX proposed a dividend of MXN 0.28 per share, payable in two installments, and said it will also buy back up to MXN 12 billion of its shares. 

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Tokyo shares follow Europe and US falls

2016-02-09 01:43:40| BBC News | Business | UK Edition

Tokyo shares fall sharply in early trading on Tuesday, following the trends set in Europe and the US.

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