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How to deal with lower farm incomes: Cutting costs
2015-07-29 23:36:00| Corn & Soybean Digest
Source: University of Illinois Net farm incomes in 2015 are projected much lower than in recent years. These low net incomes will lead to cash shortfalls. These can be dealt with by using working capital or cutting costs. read more
KPN Q2 revenues lower, improves EBITDA, FY outlook
2015-07-29 08:22:00| Telecompaper Headlines
(Telecompaper) KPN reported second-quarter revenues down 3.8 percent year-on-year to EUR 1.75 billion, while adjusted EBITDA rose 1.5 percent to EUR 602 million, in line with market expectations. Capital expenditure reached EUR 306 million, and free cash flow totaled EUR 232 million. The weak business market put pressure on revenues, while KPN said it started to see EBITDA stabilising in other areas. The Dutch operator raised its outlook for 2015 to adjusted EBITDA in line with 2014, capex of less than EUR 1.3 billion and free cash flow of over EUR 500 million. In addition the company expects to receive a dividend from its stake in Telefonica Deutschland. KPN's own dividend for the year is forecast at 8 cents a share, with an interim payment of 3 cents in September, and the dividend should increase in 2016. In addition KPN will pay a special dividend of 3.4 cents a share from the dividend received from Telefonica Germany for 2014.
Tags: lower
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Copper mining profits open door to lower prices
2015-07-29 06:54:46| Apparel - Topix.net
The pain rippling through the copper market isn't yet threatening profits for most miners, and that could mean more tears for bullish investors. Even with prices near a six-year low, about 90 per cent of copper mines are profitable, meaning most producers have little incentive to reduce output, according to Standard Chartered.
Oil industry starts new round of cost cuts amid lower prices
2015-07-29 06:21:59| Oil & Gas - Topix.net
BP Plc and Chevron Corp. fired the opening salvo for a further round of cost cuts by major oil companies grappling with low energy prices. "It's really tough times for the industry," BP Chief Executive Officer Bob Dudley said Tuesday, comparing the market to 1986 when tumbling prices forced drastic cost savings.
Tags: cost
prices
industry
lower
Copper mining profits open door to lower prices
2015-07-29 02:23:10| Footwear - Topix.net
The pain rippling through the copper market isn't yet threatening profits for most miners, and that could mean more tears for bullish investors. Even with prices near a six-year low, about 90 per cent of copper mines are profitable, meaning most producers have little incentive to reduce output, according to Standard Chartered.
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