Hints and tips:
...At the end of the year, the three readers who selected the best-performing portfolios will be invited on a VIP tour of the FT’s new offices....
...With hindsight, the author believes the roll-call of VIP backers, most with no medical or diagnostics expertise, should have been “a major red flag” of problems ahead for Theranos....
...The company, which is based in Tennessee, said it was generating lower profits from its sales as shoppers buy more “lower-margin consumables” such as tobacco and candy....
...Sprint said on Tuesday that revenues climbed 1.5 per cent from a year earlier to $9.1bn in the final three months of the year, beating Wall Street expectations as the company saw a surge in tablet wireless...
...wireless operators to shut down older voice networks and reuse the spectrum for data services....
...The company is achieving savings through greater integration efficiencies in Project VIP, accelerating LTE rollout in 2013 and other ongoing initiatives....
...However, the US telecoms industry, which has been deploying fast wireless broadband services based on LTE technology over the past two years, is used to funding big capital projects....
...“We’re off to a strong start executing ‘Project VIP’, our plan to expand our high-growth platforms to millions more customers, and our 4G LTE network deployment is ahead of schedule, delivering outstanding...
...with a mixture of wireless LTE and fibre-optic based services....
...An early pioneer of cross-border M&A, Japan Tobacco has an approach to acquisitions that exemplifies the strategic approach that is becoming more common....
...expected to say domestic sales fell about 2% in the first three months of 2012 - Tata homes in on CWW: India’s Tata Communications was racing to complete financing this weekend for a bid for Cable & Wireless...
...Imperial Tobacco gained 2.3 per cent to £20.89 after Philip Morris International announced price rises in Spain....
...Two of the top five global wireless technology companies are from China – Huawei and ZTE....
...For example, two of the top five global wireless technology makers are Chinese – Huawei and ZTE....
...maturation of world telecom markets that the main challenge facing Mr Colao is currently seen as diplomatic rather than transformative – negotiating the resumption of dividends from US joint venture Verizon Wireless...
...It also forecast retail prices for rolling tobacco to increase by about 13 per cent....
...Such luxury does not come cheap – the lift costs a cool $35m, while a VIP 747-8 interior is at least three times as much again....
...Among the defensive stocks, Imperial Tobacco gained 1.7 per cent to £18.30 as Evolution Securities argued that a rumoured $14bn bid for Lorillard, the US tobacco maker, looked unlikely at the moment....
...Lorillard, America’s third-largest tobacco company, was said to be among the possible targets....
...In the 1990s, co-ordinated lawsuits between states against the big tobacco companies secured advertising reforms and about $200bn in damages....
...Altria, of Marlboro fame, is postponing its $10bn purchase of UST, the leading chewing tobacco manufacturer. The slowdown is affecting all sectors....
...Honeywell, an industrial conglomerate, fell 0.3 per cent to $57.64 and Altria, which is in the process of spinning off its international tobacco business, fell 0.9 per cent to $72.42....
...In addition, the company also recently launched MobiVJ, a streaming video service from MobiTV, and VIP Access, a mobile fan club and discovery service from Nellymoser....
...Citigroup believes the tobacco company will soon spin off Philip Morris International, a move that could propel the stock higher....
...The year has seen three FTSE companies taken out by foreign bidders – Corus by Tata Steel, Gallaher by Japan Tobacco and Scottish Power by Iberdrola....
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