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Russian cableco on a roll

21 hours ago ago from Broadband TV News | The Business of Multiscreen Television

By Chris Dziadul February 9, 2010 09.54 UK The Russian cable operator ER-Telecom has posted a net profit of R339 million (€8.13 million) for 2009, as opposed to a loss of R970 million a year earlier. Its EBITDA meanwhile amounted to R1,376 million, compared to a negative R457 million in 2008. As of the beginning of this year, the company had 2.012 million subscribers (31% more than a year earlier) and 973,000 (+10%) received cable ...

Agfa-Gevaert reports preliminary fourth quarter 2009 result

21 hours ago ago from Packaging and Converting ESSENTIALS

During today's meeting, the Board of Directors of Agfa-Gevaert has reviewed the preliminary, unaudited results for the fourth quarter of 2009. Total fourth quarter sales amounted to 735 million Euro, decline of 3.4 percent compared to the fourth quarter of 2008. Excluding currency effects, the decline would be limited to 1 percent. Agfa Graphics' sales amounted to 356 million Euro, a decrease of 6.8 percent versus the fourth quarter ...

Energy Conversion Devices FY Q2 Revs In Line; Posts Loss - Tech Trader Daily - Barrons.com

6 hours ago ago from Tech Trader Daily - Barrons.com

By Eric Savitz Energy Conversion Devices (ENER) this morning reported revenue for its fiscal second quarter ended December 31 of $52.9 million, down from $103.1 million a year ago, but up from $42.9 million in the FY Q1, and above the Street at $49 million. The solar products company suffered a loss in the quarter of $39.1 million or 92 cents a share, worse than the Street consensus estimated loss of 43 cents. The latest quarter loss ...

UFPI Reports 2009 Net Earnings of $24.3 Million Compared to $4.3 Million in 2008

21 hours ago ago from The Kalamazoo 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Kalamazoo, MI

GRAND RAPIDS, Mich. (BUSINESS WIRE) Universal Forest Products, Inc. (Nasdaq: UFPI) today announced 2009 results including annual net earnings of $24.3 million, or $1.25 per diluted share, on net sales of $1.7 billion, compared to annual net earnings of $4.3 million, or $0.23 per diluted share, on net sales of $2.2 billion for 2008. For the fourth quarter of 2009, the Company posted a net loss of $663,000, or ($0.03) per diluted share, on net ...

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