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HIGHLAND HEIGHTS, Ky. - Monday, August 5th 2013 [ME NewsWire]

(BUSINESS WIRE) General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended June 28, 2013. Adjusted operating income was above management’s expectations for the second quarter as pricing held up better than anticipated in a declining metal cost environment and the Company’s Europe and Mediterranean businesses performed relatively stronger. Excluding certain items, adjusted earnings per share of $0.69 and adjusted operating income of $84.5 million were stronger than anticipated. For the second quarter, reported operating income was $71.8 million and reported earnings per share were $0.24. A reconciliation of adjusted earnings per share to reported earnings per share and adjusted operating income to reported operating income is included on page 4 of this press release.

Highlights

    Adjusted operating income, including acquisitions, improved 83% sequentially
... Read more »
Views: 238 | Added by: africa-live | Date: 08.05.2013

DUBAI, United Arab Emirates - Sunday, August 4th 2013 [ME NewsWire]

    Figures show an 11.1 per cent increase in visitor numbers, on track to achieve Dubai’s Tourism Vision for 2020 of 20 million tourists annually
    Hotel and hotel apartment operator revenues rise 18.6 per cent to AED 11.6 billion

More than 5.5 million tourists visited Dubai in the first half of 2013, representing an 11.1 per cent year-on-year increase, indicating that Dubai is on the way to achieving its Tourism Vision for 2020.  The first half visitor number results, released by Dubai’s Department of Tourism and Commerce Marketing (DTCM) today, show increases across all key indicators, including hotel establishment guests, hotel and hotel apartment revenues, room occupancy and average length of stay.

Announced earlier this year under the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler ... Read more »
Views: 182 | Added by: uaeonlinenews | Date: 08.05.2013

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