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Men's Wearhouse cuts outlook as Q3 sales fall
2015-11-06 12:17:00| Daily apparel & textile news and comment - from just-style.com
Formal clothing specialist Men's Wearhouse has cut its full-year and third-quarter EPS guidance based on what the company has described as "disappointing" preliminary sales.
Mocon Announces New VP of Sales and Marketing
2015-11-06 11:31:06| Industrial Newsroom - All News for Today
Minneapolis MOCON, a leading international provider of instruments and services for testing, measuring and analyzing invisible gases announced today that Karsten Kejlhof has been promoted to vice president of sales and marketing for the companys package testing and permeation businesses. He was previously vice...
Tags: sales
marketing
announces
mocon
Telefonica Spain improves sales for first time since 2008
2015-11-06 09:23:00| Telecompaper Headlines
(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) reported third-quarter revenues up 0.2 percent year on year to EUR 2.998 billion, the first quarterly growth in seven years, boosted by the 126,000 new subscribers to its Movistar Fusion convergent package over the July to September period. Telefonica said the ongoing recovery of its domestic business was driven by an increase in higher value customer segments due above all to an improvement in private consumption. The company's operating income before depreciation and amortization (OIBDA) came in at EUR 1.335 billion, down 2.9 percent year-on-year on organic terms, which Telefonica attributed to the increase in TV content acquisition costs. CapEx for the quarter amounted to EUR 1.310 billion, up 10.4 percent due to Telefonica's accelerated rollout of its fibre and 4G networks in Spain. Retail fixed telephony accesses fell by 5.0 percent to 10.06 million, although the company was keen to emphasise a 1 percent year-on-year growth in retail fixed broadband accesses to 5.9 million. Telefonica's total mobile accesses in Spain fell 3 percent year-on-year to 17.3 million, a similar result to the previous quarter, with the contract segment rising 3.4 percent in the three months to September and accounting for 83.3 percent of the total.
Telecom Italia sales down 4.5% in Q3, reorganises wholesale
2015-11-06 08:30:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported a 4.5 percent year-on-year fall in third-quarter revenues to EUR 5.4 billion, hurt by the macroeconomic situation in Brazil unit and competition in its domestic market. In the nine months to 30 September, revenues were down 6.9 percent to EUR 14.9 billion, or -3.9 percent on organic terms. EBITDA fell to EUR 5.6 billion, around 14.8 percent less than the first nine months of 2014, while net profit attributable to shareholders plummeted to EUR 362 million, compared to EUR 985 million in the year-earlier period, due above all to one-time charges and the negative impact of the company's bond buyback transactions. Domestically, the situation was rosier, with the third quarter confirming the trend of improving revenues, particularly in mobile, which recorded an increase of 1.5 percent on the third quarter of 2014. Overall third-quarter domestic revenues came in at EUR 3.8 billion, down 1.4 percent on the previous year's results. The company also announced that its board of directors had approved the plan to introduce a new equivalence model, aimed at further strengthening the efficiency and effectiveness of the delivery (activation) and assurance (support) processes in the supply of wholesale services for access to the Telecom Italia fixed network.
Tags: sales
italia
wholesale
telecom
China October Auto Sales Gain 11% After Tax Cut Boosts Demand
2015-11-06 08:15:50| Auto Dealers - Topix.net
Passenger-vehicle sales in China increased at the fastest pace in seven months after the government cut a tax on car purchases to boost sagging demand in the world's largest auto market. Retail deliveries of cars, SUVs and multipurpose vehicles rose 11.3 percent to 1.85 million units last month, the biggest monthly gain since March, according to the China Passenger Car Association.
Tags: october
auto
sales
china
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