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Wellington: Where fashion meets theatre
2013-03-01 09:15:24| Airlines - Topix.net
I like to think I am not easily insulted, but when my Wellington sister pointed out the flurry of letters in her local paper about middle-aged women descending on the city for World of Wearable Arts shows I bristled.
Tags: fashion
meets
theatre
wellington
Deutsche Telekom meets FY targets, Q4 revenue down 1.4%
2013-02-28 08:43:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported 2012 results down in line with its outlook and reiterated its forecasts for increased investment in the coming years. Revenues fell 0.8 percent last year to EUR 58.17 billion, and adjusted EBITDA declined 3.8 percent to EUR 17.98 billion, versus a target of EUR 18 billion. The EBITDA margin fell 0.9 points to 30.9 percent, hurt especially in Q4 by investments in the German mobile market, which the operator said were paying off in customer wins. In the fourth quarter, revenues were down 1.4 percent year-on-year to EUR 14.71 billion, with Poland the only country showing any growth, and EBITDA was down 12.7 percent to EUR 4.03 billion. DT's net result for the year was a loss of EUR 5.26 billion, versus a profit of EUR 557 million a year earlier, due to a one-time accounting charge in Q3 for the planned merger of T-Mobile USA and MetroPCS. Free cash flow was 2.8 percent lower at EUR 6.24 billion, ahead of the target of EUR 6 billion, after roughly flat capex of EUR 8.43 billion. The company maintained its dividend at EUR 0.70 per share, or 48 percent of free cash flow. With capex expected to pick up this year, DT targets free cash flow of EUR 5 billion. CEO Rene Obermann said the company is "going on the offensive" and reiterated plans for almost EUR 30 billion in investments in the period 2013-2015. Adjusted EBITDA is forecast down again at EUR 17.4 billion in 2013, or EUR 18.4 billion if MetroPCS is included over the full year.
Tags: deutsche
revenue
meets
targets
UAW meets with Nissan Tennessee workers about organizing
2013-02-28 05:33:57| Automakers - Topix.net
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.
Tags: workers
meets
tennessee
nissan
New Aggreko Mobile Service Center Meets Power Needs of Customers in Remote Locations
2013-02-28 01:35:56| Location-Based Services (LBS) Zone
Tags: service
center
power
mobile
Olez Hair Care Meets The Academy
2013-02-22 15:35:00| Happi Breaking News
Apple stem cell products big at exclusive suite.
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