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Yahoo

Business - Cable, `Deadpool` help Fox earnings meet forecasts


(Reuters) - Twenty-First Century Fox Inc reported quarterly earnings in line with Wall Street expectations as the company`s cable channels brought in higher affiliate fees and ad revenue while its movie studio turned out blockbuster film `Deadpool.` Fox, owner of cable networks Fox News Channel and FX, reported a better-than-expected 5.7 percent rise in adjusted revenue for the quarter that ended in March. Excluding items, the company earned 47 cents per share, in line with projections from analysts polled by Thomson Reuters I/B/E/S. Revenue from the cable network business, which accounts for more than half of Fox`s total revenue, rose nearly 10 percent to $3.94 billion in the quarter. Total day and primetime ratings for Fox News topped all U.S. basic cable channels from January through March, the first time in the network`s history that it has led basic cable in both categories for a full quarter, according to Nielsen data.


Wednesday, May 04, 2016  23:47

Yahoo

World - Federal court rejects U.S. plan for restoring embattled Northwest salmon


By Eric M. Johnson SEATTLE (Reuters) - The U.S. government`s latest plan for offsetting the harm to migrating salmon from a series of dams in the Columbia River watershed violates the Endangered Species Act, a federal judge ruled on Wednesday. The ruling in a case stretching back 15 years marks a victory for environmental advocates, the Nez Perce Tribe, anglers and others who sued government agencies over their plan for aiding salmon and steelhead that travel between the Pacific Ocean and the upper reaches of the inland Northwest. The battle is centered on how the dams the federal government says generate electric power crucial for the region effects the more than a dozen groups of salmonids that are listed as endangered or threatened under U.S. law that must traverse the barriers along their arduous path to reproduce.


Thursday, May 05, 2016  06:08

Yahoo

World - Britain`s BT Group to invest £6.0 bn to extend superfast Internet


Telecoms and television broadcasting firm BT Group on Thursday said it planned to invest £6.0 billion ($8.7 billion, 7.6 billion euros) over three years to extend superfast Internet connections across Britain. The announcement comes as the British group, which goes head-to-head with Sky for live TV coverage of English Premier League football, announced a 15-percent hike in annual pre-tax profits to more than £3.0 billion. During its 2015-16 financial year ending in March, BT completed its £12.5-billion takeover of mobile phone operator EE, previously owned by French group Orange and Deutsche Telekom.


Thursday, May 05, 2016  10:20

BBC

Technology - BT to invest £6bn in faster services


BT Group says it plans to invest £6bn in faster broadband and mobile services and reports a 15% rise in annual profits.


Thursday, May 05, 2016  09:27

Yahoo

World - Former Mandela bodyguard says 1995 All Blacks were poisoned


Nelson Mandela`s former bodyguard has weighed into the decades-old controversy over the All Blacks` 1995 Rugby World Cup loss to South Africa, claiming bookies spiked the New Zealanders` drinks ahead of the final. The Jonah Lomu-inspired All Blacks went into the decider as red-hot favourites, only to lose 15-12 in extra-time. Dubbed `Suzie the waitress`, she is believed by former All Blacks coach Laurie Mains and many other Kiwis to have tainted the team`s food on behalf of betting syndicates facing a huge payout if New Zealand won.


Thursday, May 05, 2016  06:43

BBC

Technology - BT profits boosted by broadband and TV


BT Group reports a 15% rise in annual profits and plans to invest £6bn in faster broadband and mobile services.


Thursday, May 05, 2016  08:50

Yahoo

Business - Twenty-First Century Fox reports 5.7 percent rise in revenue


(Reuters) - Twenty-First Century Fox Inc , owner of cable channels including Fox News as well as the Twentieth Century Fox movie studio, reported a better-than-expected 5.7 percent rise in quarterly adjusted revenue as ad sales and affiliate fees rose. Total day and primetime ratings for Fox News topped all U.S. basic cable channels from January through March, the first time in the network`s history that it has led basic cable in both categories for a full quarter, according to Nielsen data. The network averaged nearly 1.4 million total-day viewers over the quarter and 2. ...


Wednesday, May 04, 2016  21:58


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