Category: Finance

Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

Boart Longyear Struggles Evident in Half Year Report

Boart Longyear announced a disappointing first-half 2013 result, incurring an operating net loss after tax, or NPAT of USD 60 million, after reporting a profit of USD 98 million in first-half 2012. In addition, Boart incurred USD 269 million of post tax, mainly non-cash restructuring charges and asset impairments. The result reflected a weak operating environment with significantly reduced demand for drill rigs and related … Continue reading Boart Longyear Struggles Evident in Half Year Report

Mark DeFranceLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

America Movil Announces Plans to Move on From KPN Deal

On Wednesday, America Movil announced that while it has received the necessary approval from the Netherlands Authority of Financial Markets to make a public cash offer for KPN, it will not proceed with the deal given KPN’s Independent Foundation is blocking the deal. Back in late August, the foundation chose to exercise its options to acquire 50% of KPN’s voting stock in order to impede … Continue reading America Movil Announces Plans to Move on From KPN Deal

Richard AtkinsLeave a comment
Finance, Internet

Google Fights Piracy With New Spirits

Google Inc (NASDAQ GOOG) recently announced new tweaks to help fight piracy. The search giant introduced ‘How Google Fights Piracy’, a special report. Katherine Oyama(Google’s Senior Copyright Policy Counsel at Google) shared the changes in a blog post. New ad formats were discussed in the post and these ad formats were made to direct people to the things they search for like downloads, free, or … Continue reading Google Fights Piracy With New Spirits

Richard Atkins
Finance, Mobile

Stock Focus: Apple (NASDAQ AAPL) Q4 Results Expectations

Apple Inc (NASDAQ AAPL) shares have gained 1.46% in early trading session Monday as the company is set to release its fourth-quarter results after the market close. Deutsche Bank analyst Sherri Scribner said in a research note that investors already have set very high expectations. The research firm expects Apple to handily beat the FYQ4, 2015 Wall Street estimates. Scribner and her colleagues, Joakim Mahlberg … Continue reading Stock Focus: Apple (NASDAQ AAPL) Q4 Results Expectations

Richard Atkins
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Services Sector

First-Quarter Earning Surge at Arch Capital

A benign quarter of weather-related catastrophe events as well as strong favorable reserve development provided a surge in first-quarter earnings at Arch Capital Group. Both primary and reinsurance lines reported favorable reserve development, but the reinsurance segment provided the bulk of it, reducing the combined ratio by 16 points to 79%. Favorable reserve development also helped the primary insurance combined ratio dip below 100%, resulting … Continue reading First-Quarter Earning Surge at Arch Capital

John MeadyLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Popular, Services Sector

Spark Infrastructure Reports Impressive First Half Results

Spark Infrastructure reported a solid first-half 2013, with earnings before interest, tax, depreciation and amortisation, or EBITDA, increasing 11% to AUD 340 million on a proportional basis. Growth was driven by substantial tariff increases to recover increased investment, partly offset by lower volumes. Regulated asset base (RAB) grew 9% in the past year and will continue growing robustly in coming years as investment continues. Spark … Continue reading Spark Infrastructure Reports Impressive First Half Results

Kristen BartonLeave a comment