Business

Frontier Communications Corp (FTR) Issues Earnings Results

At quarter's end, 3.147M residential customers was a net reduction of 0.9%, with average monthly residential revenue per customer of $63.83 (down 0.9% from Q2). Frontier Communications Corp presently has an average rating of " Buy " and a consensus price target of $6.17. In April 2012, through its wholly owned subsidiary SBA Monarch Acquisition, LLC, it acquired 2,300 tower sites in the United States and Central America and indoor and outdoor distributed antenna system (DAS) assets in ...

Business

Sudanese man attacks Israeli on Africa flight

The assailant, who has been identified as Ahmed Mohamed, a Sudanese national, somehow ascertained that Zanuda was a Jew and an Israeli citizen before attacking him. "During the moments when I thought I was going to die, I'd already begun to separate from my family in my thoughts", he added. Ethiopian Airlines said in a statement that the attacker didn't show any signs of violence prior to boarding the flight.

Business

Canada Appoints First Aboriginal Woman as Justice Minister

Jody Wilson-Raybould was just sworn in as Canada's Minister of Justice and Attorney General of Canada. It is a first for an Aboriginal Canadian. As Canada's new attorney general - a title change from solicitor general - Wilson- Raybould inherits one of the most important cabinet portfolios, one held by former PMs Pierre Elliot Trudeau and Jean Chretien in previous Liberal governments.

Business

FireEye (FEYE) Stock Plunges in After-Hours Trading on Earnings Results

Michael Sheridan, who had been the company's chief financial officer since 2011, and Chief Technology Officer Dave Merkel stepped down earlier this year. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and FireEye does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

Business

Chinese steel faces punitive tariffs after United States investigation

Sales surged 27 percent to 83 million tons in the first nine months. On Wednesday's conference call, company officials continued to complain about steel imports, which they say are being "dumped" at unfairly low prices on the US market. Imports of anti-corrosive steel from the five target countries surged by 84 percent previous year, while imports of all steel products jumped by 38 percent to 40.2 million tonnes, according to the US Census Bureau.

Business

Time Warner Inc (NYSE:TWX) Q3 Earnings Top Estimates

On a per-share basis, the New York, New York-based company said it had a loss of $1.58. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. The company attributes the gains to rising domestic subscription rates, as well as higher domestic licensing sales. On the other hand, content and other revenues increased due to rise in domestic licensing revenues .