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Vodafone lowers FY outlook, updates strategy

Vodafone Group has lowered its outlook for revenues in the fiscal year to March 2009 due to the economic slowdown in Europe. The mobile operator now expects annual sales of GBP 38.3-39.7 billion, down from an earlier outlook of around GBP 39.8 billion. The company left its adjusted operating profit outlook unchanged at GBP 11.0-11.5 billion, supported by cost reductions and foreign exchange effects, and slightly increased the free cash flow target to GBP 5.2-5.7 billion. The capex budget was trimmed to GBP 5.2-5.7 billion due to the lower revenue outlook. The more difficult economic environment has contibuted to the new CEO Vittorio Colao updating the company's strategy, first laid out in May 2006. Colao plans to focus more on flat-rate pricing to build loyalty among high-end customers, improving execution in the operator's emerging marke

Nokia Updates its 4th Quarter 2008 Outlook and Gives Preliminary Outlook for 2009

today commented on market conditions impacting its business as well as updated its fourth quarter 2008 outlook and gave a preliminary outlook for the full year 2009. In the last few weeks, the global economic slowdown, combined with unprecedented currency volatility, has resulted in a sharp pull back in global consumer spending. The weaker consumer spending has impacted many industries, including the global mobile device market. The mobile device market has also been negatively impacted by the more limited availability of credit, which has limited the purchasing ability of some of our trade customers.

Nokia provides Q4 2008 outlook update and preliminary outlook for 2009

Mobile communications company Nokia (NYSE: NOK) on 14 November provided an update on its fourth quarter 2008 outlook.

Taglocity Puts the Best of Google Gmail into Microsoft Outlook for Free

For MS Outlook users desperately seeking a better Outlook Inbox, Taglocity tackles email overload with better organizing, easy automation, smarter searching, and more

Taglocity Puts the Best of Google Gmail into Microsoft Outlook for Free

For MS Outlook users desperately seeking a better Outlook Inbox, Taglocity tackles email overload with better organizing, easy automation, smarter searching, and more

Taglocity Puts the Best of Google Gmail into Microsoft Outlook for Free

For MS Outlook users desperately seeking a better Outlook Inbox, Taglocity tackles email overload with better organizing, easy automation, smarter searching, and more

Weaning Yourself Off Of Outlook With Thunderbird

ThunderbirdAbout a year ago I got so annoyed at MS Outlook that I started considering other options. I remember liking Eudora back in the day, but also I stopped using it in favor of Outlook because it wasn’t robust enough. This may have changed, and I know at least one devoted Eudora user, but have more friends who suggested I try Thunderbird. And really, after the awesomeness of Firefox, I was willing to trust Mozilla with my e-mail.

Xobni Puts the Social Web in Your Outlook Inbox

xobni sidebarThose of you stuck using Microsoft Outlook for e-mail will be happy to know that the Xobni Outlook extension has been revamped with new integration tools for Yahoo Mail, Facebook, Skype and Hoovers.

Taglocity Puts the Best of Google Gmail into Microsoft Outlook for Free

VANCOUVER, British Columbia, Nov 13, 2008 /PRNewswire via COMTEX/ -- For MS Outlook users desperately seeking a better Outlook Inbox, Taglocity tackles email overload with better organizing, easy automation, smarter searching, and more

Panasonic profit falls, retains annual outlook

Japanese electronics maker Panasonic Corp. posted a 19-per-cent fall in quarterly profit yesterday as the global slowdown boosted the yen and slowed digital camera demand, but it kept an annual outlook that exceeds market estimates. For now, Panasonic is sticking to its projection of an 8-per-cent rise in profit this fiscal year despite the tough business environment that has forced peers like Sony Corp., Sharp Corp. and Canon Inc. to cut their forecasts. But it warned that it could revise its earnings outlook after the critical holiday season. 6752 (Tokyo) rose ¥152 to ¥1,406 ($18.49).

Panasonic profit falls, retains annual outlook

Japanese electronics maker Panasonic Corp. posted a 19-per-cent fall in quarterly profit yesterday as the global slowdown boosted the yen and slowed digital camera demand, but it kept an annual outlook that exceeds market estimates. For now, Panasonic is sticking to its projection of an 8-per-cent rise in profit this fiscal year despite the tough business environment that has forced peers like Sony Corp., Sharp Corp. and Canon Inc. to cut their forecasts. But it warned that it could revise its earnings outlook after the critical holiday season. 6752 (Tokyo) rose ¥152 to ¥1,406 ($18.49).

NOKIA CORPORATION - Nokia updates its 4th quarter 2008 outlook

Espoo, Finland - Nokia today commented on market conditions impacting its business as well as updated its fourth quarter 2008 outlook and gave a preliminary outlook for the full year 2009. In the last few weeks, the global economic slowdown, combined with unprecedented currency volatility, has resulted in a sharp pull back in global consumer spending. The weaker consumer spending has impacted many industries, including the global mobile device market. The mobile device market has also been negatively impacted by the more limited availability of credit, which has limited the purchasing ability of some of our trade customers.

Qualcomm Outlook Misses as Cell Phone Demand Slows

gave a disappointing profit outlook for the current quarter and the year ahead, indicating that the economic crisis could have a prolonged impact on cell phone demand.

Qualcomm outlook misses as cell phone demand slows

NEW YORK (Reuters) - Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz) gave a disappointing profit outlook for the current quarter and the year ahead, indicating that the economic crisis could have a prolonged impact on cell phone demand.

Bleak IEA outlook gives OPEC food for thought (The Barrel blog)

A day after its World Energy Outlook looked ahead to the global oil market balance in 2030, The International Energy Agency's focus switched to more immediate concerns on Thursday with the publication of its latest monthly report.

Banks ignore call for expanding export credit as outlook remains bleak

As the outlook of the export sector remains gloomy, China's commercial banks have been indifferent to a central bank appeal to expand export credit but are focusing more on risk management, the Shanghai Securities News reported on Thursday.

World Energy Outlook: 'Patently Unsustainable'

The International Energy Agency's latest World Energy Outlook is a rather depressing read, casting in stark terms both the cost of continued reliance on fossil fuels and the magnitude of the challenge to cut back.

Vodafone cuts outlook

LONDON (Reuters) - Mobile phone group Vodafone cut its full-year revenue outlook for the second time in four months on Tuesday but said it would maintain profits and boost free cash flow by cutting 1 billion pounds of costs.

Fitch Assigns eBay an IDR of 'A'; Outlook Stable

The ratings and Outlook are supported by eBay's unique operating profile, conservative financial policies and credit protection measures, and strong financial flexibility and liquidity including a free cash flow conversion rate from revenues in excess of 20%. eBay has two leading franchises in consumer ecommerce with significant international growth opportunities. Fitch expects PayPal's transaction-based operating model will continue to benefit from an increasing share of ecommerce transactions and should also be able to offset any cyclicality in the eBay Marketplaces segment. Fitch also expects eBay will maintain strong credit metrics and a conservative capital structure with leverage at approximately 1.0 times (x) and a disciplined approach to acquisitions.

SEB gives dire outlook for Eston...

SEB's Estonian branch said the economic outlook for the country was worse than previously thought (Photo Courtesy of SEB)

Vodafone Lowers Revenue Outlook As Profit Drops

Vodafone Group has once again decided to cut its revenue outlook, the company said as it announced half-year results on Tuesday.

Moody\'s changes outlook on ATF Bank\'s D- BFSR to negative

Almaty. November 28. Interfax-Kazakhstan - Moody\'s Investors Service has today changed the outlook on the D- bank financial strength rating (BFSR) of ATF Bank (ATF) to negative from stable, the agency says in a press release.

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