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Here's what traders did when the most important machine on Wall Street went down

2015-04-18 10:34:31| IT Services - Topix.net

A Bloomberg Terminal is a really high-speed computer created for financial professionals so they can message other users and obtain real-time market data, news, and stock quotes among many other functions. Wall Street banks and hedge funds pay Bloomberg LP millions of dollars a year to buy terminal accounts for their employees.

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Carlsberg exec joins Diageo as Africa chief steps down

2015-04-16 14:22:00| Daily beverage news and comment - from just-drinks.com

The president of Diageo's Africa operations, Andy Fennell, has confirmed his intention to stand down from the company.

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Slice of history lives on after Oliver Machinery Company burns down

2015-04-14 04:30:02| Furniture - Topix.net

Tucked away on Clancy Avenue is what remains of the Oliver Machinery Company. The Grand Rapids building caught fire late last night.

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Deforestation Slowing, But Forests Are Breaking Down

2015-03-21 00:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The amount of climate pollution being produced every year by the felling of forests is falling worldwide, but benefits of the heartening decline are being eroded by the worsening conditions of the forests still left standing. The losses of entire stretches of forests, combined with losses of individual trees from forests that remain, pumped an average of 3.2 billion metric tons of carbon dioxide into the atmosphere each year from 2011 to 2015, the U.N. Food and Agriculture Organization announced...

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Numericable-SFR revenues fall 5% in 2014, EBITDA down 11%

2015-03-05 09:10:00| Telecompaper Headlines

(Telecompaper) French operator Numericable-SFR confirmed a drop in pro forma results for 2014 and outlined plans for cost reductions and synergies from the merger that created the company. Revenues fell 5.0 percent to EUR 11.44 billion. Adjusted EBITDA declined 11 percent to EUR 3.10 billion, and capex fell 7.7 percent to EUR 1.78 billlion. This resulted in a 15 percent fall in operating cash flow to EUR 1.32 billion. Debt was at 3.6 times EBITDA at year-end. The company highlighted the investment in its fibre and mobile networks last year. It added over 800,000 homes passed to reach 6.4 million homes with access to 100 Mbps or higher. The 4G network coverage passed 50 percent at year-end, thanks in part to the network-sharing pact with Bouygues Telecom. The DSL customer base declined by 1.4 percent over the year to 5.03 million customers, while fibre/hybrid cable subscribers increased by 4.5 percent to 1.547 million. Growth in fibre was helped by the launch of Numericable services by SFR at end-November, and the company said the growth continued in early 2015. Fixed-line ARPU dipped by 0.6 percent to EUR 34.1, which the operator blamed on aggressive discounts by SFR for FTTH. Mobile ARPU was also lower, down 5.9 percent to EUR 22.5. SFR finished the year with 22.94 million customers, down 1.2 percent from 2013. 

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