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Yassine G

BBC News - Intel to cut 5% of staff after forecasting no growth this year - 0 views

  • which
  • Revenues
  • Revenues at
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  • which
  • Intel's division which makes chips for desktop computers fell
  • s chips for desktop computers fell
  • % in 2013.
  • However, the company said there had been signs in the past few months that the PC sector was "stabilising".
  • For the full year 2013, the firm reported a net profit of $9.6bn, down 13% from a year ago.
  • Intel's chief financial officer, Stacy Smith, said the division's revenues in 2014 would probably come in toward the bottom of the previous estimate of 10% to 15% growth.
  • 'Bringing innovation
  • That included a 3D-camera technology, where one of its depth sensors could be used to interpret gesture controls and to separate foreground objects from the background.
  • It said laptops featuring the technology would go on sale this year.
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    this is a very interesting article that demonstrates the total revenues and how they can fall or raise, it also compares different years' revenues and shows us how intel plans to overcome the fall in revenue. 
Haydn W

BBC News - Royal Mail 'confident' after revenues rise - 0 views

  • Royal Mail 'confident' after revenues rise
  • Royal Mail has said it is "confident" about hitting its targets after posting a 2% rise in like-for-like revenues in the nine months to 29 December.
  • Parcel deliveries accounted for 51% of revenues, and chief executive Moya Greene said the firm handled 115 million parcels in December.
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  • The postal service was privatised in October 2013.
  • Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, said the update was "perfectly acceptable".
  • She said the company's European parcels business was doing well after exploiting "growth opportunities in the eurozone". Letter revenue fell by 3% on a like-for-like basis, the company said, as the impact of London 2012 collectable stamp sales waned.
  • Shares in Royal Mail closed down 2.6% at 572.5p, against a flotation price in October of 330p-a-share.
  • Mr Hunter said Royal Mail's shares had had a "very strong run" since October but that it may struggle to make "further meaningful progress" in the shorter term. The company was "simply a hold" for investors, he said.
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    This article from the BBC News website details how Royal Mail, the recently privatised public service has seen a 2% increase in revenues. Th controversial move triggered widespread uproar from opponents and share prices rose rapidly above the target when the company was floated in October 2013. This article shows that despite the move the firm has continued to make money and appears to be in no immediate danger.
Amanda Anna G

Revenues rise at shopping mall firm | Herald Scotland - 0 views

  • The Scottish company said that gross revenue for the year increased 22.2% to £36.8 million, up from £30.1m in 2012 while net ­revenue was up 5.3%, or £700,000, at £13.8m.
  • Spaceandpeople said it had managed to expand its client base, adding the likes of St Pancras International station in London, while also increasing sales among existing customers in its core markets of the UK and Germany.
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    Firms in the UK and Germany have experienced revenue rise in its core markets. The analysts at Edison Investment Research say that there will continue being increasing business levels from existing clients.
Marenne M

Super Bowl XLVIII Pricing: A Lesson In Demand Elasticity - Forbes - 1 views

  • club-level seats in the mezzanine of MetLife Stadium are likely to cost about $2,600, as compared to the $1,250 charged for the top tickets at last year’s Super Bowl in New Orleans.
  • next-cheapest set of tickets in the lower bowl of MetLife would cost about $1,500, up from the $950 charged for second-tier seats sold in New Orleans.
  • professional sports teams typically price their inventory in the inelastic portion of their demand functions.
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  • eams charge too low a price to maximize ticket revenues
  • maximum attendance
  • omplementary purchases associated with sporting attendance…such as concessions, parking, merchandise.
  • maximizing ‘revenue per seat’ as opposed to just gate revenues
  • onsiderable mark-ups for Super Bowl tickets
  • willingness to spend thousands of dollars above face in some cases merely reflects the uniqueness of the event
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    The author describes inelastic demand taking the Super Bowl as an example of pricing in many other sports.
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    This article describes how many sports events try to keep their prices low, in order to maximize attendance and thereby complementary costs such as food and parking. However, the Superbowl tickets are very expensive, and increasing in price. This is because they want to earn more money purely on ticket sales, and they believe they can make more revenue because the high prices only show how special this event is, which means there is a high demand to meet the high prices.
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    This article describes how many sports events try to keep their prices low, in order to maximize attendance and thereby complementary costs such as food and parking. However, the Superbowl tickets are very expensive, and increasing in price. This is because they want to earn more money purely on ticket sales, and they believe they can make more revenue because the high prices only show how special this event is, which means there is a high demand to meet the high prices.
Aleksi B

Apple reports $57.6B revenue for Q1 2014: 51M iPhones, 26m iPads, 4.8m Macs, 6m iPods |... - 0 views

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    This article talks about Apple and their latest success as they report 57.6 billion USD in revenue selling 26 million iPads, 4.8 million Macs, 54 million iPhones and 6 million iPods
Haydn W

Scrap the licence fee and privatise the BBC - The Commentator - 0 views

  • The next two years will see a lively debate over the future of the British Broadcasting Corporation, with the current Royal Charter due to run out at the end of 2016.
  • According to an ICM poll in the Sunday Telegraph last month, 70 per cent of voters believe that the licence fee should be abolished or cut.
  • With the licence fee scrapped, should the BBC remain in public ownership? Or should the BBC be privatised, so that it can compete on a level playing field with the global media giants that are now emerging? 
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  • Paul Samuelson, the Nobel-prize-winning American economist, advanced the concept of "public goods" in his classic 1954 paper "The Pure Theory of Public Expenditure", demonstrating that such goods had to be financed by taxation and could not be left to the free market. The hostility to advertising meant that broadcasting was the textbook paradigm of a "public good".
  • Still benefiting from the halo conferred by its wartime role, the BBC was by far the most influential broadcasting service in the world. Further, with the UK accounting for almost 10 per cent of world output in the late 1940s, its state-owned monopoly was a vast broadcasting business by international standards. The BBC may not have been part of the British constitution, but it was undoubtedly a "national champion".
  • Advertising is sometimes demonised by left-wing commentators as capitalism without taste or shame, and as free enterprise at its selfish worst.
  • The actual position is far more even-handed and complex. As the growing unpopularity of the licence fee has constrained the BBC's revenues, TV advertising spend is now about the same size as the total money collected by the licence fee and well above the portion of this money devoted to television.
  • But the truly spectacular development of the last few years is that both total advertising spend and the licence fee money have been surpassed by BSkyB's subscription revenue. As BSkyB also picks up advertising revenue on its channels, its annual income is well above the BBC's.
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    This article talks about the logistics of scraping the license fee that finances one of the worlds most famous examples of a public good, the BBC. Economic stagnation and falling wages have left many consumers disgruntled at the license fee and with the BBC failing to keep up with it's competitors in terms of revenue, costs have had to be cut at the world renowned corporation. The article explores the concept of the public good and how politicians have began to propose alternatives to the license fee.
Amanda Anna G

Energy efficiency investments reap three times the economic rewards - FierceEnergy - 0 views

  • Energy efficiency investments reap three times the economic rewards
  • The research reveals that every million dollars invested in energy efficiency programs in the region generated $3.87 million in economic output and 17.28 new jobs.
  • "The remarkably positive economic impact that investments in energy efficiency have had on both economic growth and job creation in the Southeast are helping to create a fundamental change in perspective,"
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  • "SEEA's unique analytical approach has yielded valuable insights into how investments in energy efficiency and conservation can also create jobs and other tangible benefits, even in regions that have historically shown little commitment to energy efficiency,"
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    This article is about efficiency, as the investments in energy efficiency programs created revenue and new jobs. Resources are not being wasted by inefficient use. The efficiency could also be related to economies of scale, since the firm is experiencing increasing returns to scale- every million dollars invested resulted in revenue and new jobs, and hence the work is becoming more efficient and may cause decreases in the long-run average costs.
Aleksi B

Energy: The dash for cash | The Economist - 0 views

  • Mr Cameron said this could be worth £2m-3m ($3m-5m) a year for each
  • The industry says firms will pay £100,000 into funds for residents near each new exploration site, as well as 1% of revenues when wells start pumping gas.
  • hand over 5-10% of their cash.
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  • In America, where shale deposits belong to landowners instead of to the state, royalties of 12-25% sweeten the deal. Glynn Williams of Epi-V, which invests in gas services, thinks Britain’s fracking firms will eventually improve their offer, but are unlikely to stump up as much as 5% of their haul.
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    This article says that in Britain, Shale wants to get a government grant on Fracking within the country. Shale will have to pay residents to leave the area but in return the revenue can be profitable
Amanda Anna G

Beer Store Monopoly's End Would Mean Higher Prices: Study - 0 views

  • Ontario beer drinkers can expect to see prices rise if sales are allowed in convenience stores, according to a new study carried out for the province’s Beer Store.
  • The study, to be released Monday at the Toronto Board of Trade, says consumers can expect to pay about $10 more for a 24-pack of beer if the Beer Store’s monopoly ends.
  • The study says privatization in Alberta and British Columbia led to higher prices in those provinces. It also calculates that, if Ontario had followed Alberta’s lead on beer sales, the Ontario government would have missed out on $5.4 billion in revenue over the past 20 years.
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    This is an interesting article about monopoly. In the article, it is argued that as beer also gets allowed to be sold in convenience stores and not only in the beer store which has been a monopoly of beer, then there will be a rise in price. The government argues that it would have gained revenue if sold in convenience stores, as a study said that privatization in Alberta and British Columbia led to higher prices in those provinces.
Jakub B

Traders urge tight watch over maker of cheap cigarettes - 0 views

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    MANILA, Philippines-The chair of the 800-member Federation of Philippine Industries (FPI) on Monday called for a "24/7 close monitoring" of the trading practices of low-cost cigarette manufacturer Mighty Corp. by the Bureau of Customs (BOC) and its mother agency, the Department of Finance (DOF).
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    The article describes the prevention of the use of economies of scale that can be harmful to the society. It controvetially discusses a way of making great revenues and profit without looking at the social costs.
Yassine G

Letter: Walmart is a market failure with many 'negative externalities' - 1 views

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    Walmart is considered to be the business number one in the world, in terms of revenue. However, from this article you can clearly see how their behavior towards stakeholders is really unethical. Many other articles also talk about how they treat their employees. This makes it clear that there is a negative externalize involved with this business. 
Aleksi B

Cigarette taxes revenues and elasticity of demand » Bastiat's Bastions - 2 views

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    The article talks about the fact of how cigarette taxes are increasing due to the elasticity of demand
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    Very interesting article Aleksi however I believe the taxes on cigarettes are so high also because it is a product which affects the consumer's health negatively
Sebastian G

Tobacco excise tax revenue almost HUF 29 billion in October - 0 views

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    This article is about the effects of taxes on tobacco for the government, especially concerning the profit.
Fiete M

Lidl takes Coca-Cola off shelves in price war - 0 views

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    This article shows how a lower revenue due to external circumstances of the market forced Lidl to lower the prices for Coca Cola.
Daniel B

Rising costs of production of coffee - 0 views

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    Farmers started to invest but also they were forced to decrease the price of their product. It means that they receive smaller and smaller revenue what leads to unbeneficial situation of running own business on coffee market.
Clemente F

5 Ways To Control Costs - 2 views

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    This forbes article discusses and suggests 5 ways a company may use to reduce and control costs of a company
Mariam P

Exide Industries hit by poor economies of scale - 0 views

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    The company sells batteries to automobile manufacturers and the replacement market .But fall in sales and margins hit the company hard.
Haydn W

Asda takes fight to discounters as sales fall - Telegraph - 2 views

  • Asda takes fight to discounters as sales fall
  • Asda’s chief executive has insisted that he is countering the rise of discount retailers Aldi and Lidl
  • Andy Clarke said recently-introduced price cuts had begun to pay off
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  • Despite this, Asda’s like-for-like revenues fell 0.1pc in the final three months of 2013 against the same quarter a year ago. This was the first fall since 2010, and means that three of the UK’s “Big Four” supermarkets saw declines in the period, with only J Sainsbury bucking the trend.
  • Asda announced a £1.3bn investment in cutting prices and improving quality in November
  • Asda’s market share declined from 17.6pc a year earlier to 17.1pc in the final quarter of the year, according to data from Kantar Worldpanel
  • Aldi and Lidl grew from a combined 5.8pc to 7.1pc.
  • Wal-Mart, the US giant behind Asda, also revealed a sales decline. The world’s biggest retailer said like-for-like sales fell 0.4pc in the quarter.
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    This article details the rise of so called 'budget supermarkets' Aldi and Lidl in the UK taking market share from the 'Big Four' supermarkets Asda, Tesco, Sainsbury's and Morrisons. The supermarket industry in the UK is a prime example of an oligopoly, I'd argue that there isn't perhaps a better example anywhere as this market features all the tell-tale signs; the four supermarkets often compete in price wars, especially Asda, the store mentioned here. Also the firms often collude and fix prices across the board together. The market, however is changing with other firms entering the market to provide cheaper alternatives to the ' Big Four' whom so many consumers have become disenfranchised with.
Pietro AA

Analysis: Energy costs keep Japan's focus on nuclear, despite risks and use of renewabl... - 0 views

    • Pietro AA
       
      Other scarse vaariables introduced: time and technology
    • Pietro AA
       
      safety is a desire of most men and it is also not infitite therefore it is scarse.
  • ctions take about six months for each reactor, and obtaining con
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    • Pietro AA
       
      a conflict between the scarsity of safety and scarsity of energy
    • Pietro AA
       
      a conflict between the scarsity of safety and scarsity of energy
  • Energy costs keep Japan's focus on nuclear, despite risks and use of renewables
  • other plants remained closed for intensified safety checks
  • The issue is cost, and to a lesser extent, concern over a resurgence in climate-changing carbon emissions due to increased use of coal and oil to generate power. Clean energy still only accounts for 10 percent of total consumption — most of it hydropower. Much of the new capacity approved has yet to come online.
  • nuclear power remains essential, even with a surge in generation capacity from solar, wind and other renewable sources, and that the world's No. 3 economy cannot afford the mounting costs from importing gas and oil.
  • Japan has managed to avoid power rationing and blackouts. Industries have moved aggressively to avoid disruptions by installing backup generators and shifting to new sources, such as solar power.
  • households no
  • paying 30 percent more for electricity than before, with more rate hikes to come.
  • prompted a rethink of plans to raise nuclear capacity from one-third to over half of total demand.
  • Reliance on imported oil and gas has surged from about 60 percent of energy consumption to about 85 percent.
  • The recent weakening of the Japanese yen has added to the burden on the economy from oil and gas imports.
  • Abe and others in favor of resuming nuclear power contend that renewable energy is too expensive and unreliable — wind doesn't always blow, the sun doesn't always shine.
  • Apart from those issues, national security requires that Japan retain some self-sufficiency
  • Local communities are divided: many have relied heavily on nuclear plants for jobs and tax revenues, but worry over potential risks.
  • hat there's a huge opportunity in power
  • We're also seeing radical efficiency gains.
  • he disposal and security of nuclear waste are issues yet to be resolved.
  • For now, however, it appears any phase-out of nuclear power will be very gradual.
  • "In the long term if we can create new resources that are more efficient than the current oil-based system, then we can rely less on nuclear power, that's quite possible," Adachi said. "But it will take quite a long time."
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    This article shows how, since the meltdown of the Fukushima plant in 2011, the "want" of security (which is scarce) increased and gave energy problems to the country (energy is one of the most important scarce resources . Japan finds itself making decisions limited by the scarcity of energy, safety, time and technology. Should it take risks and stop spending money? Should it keep everybody safe and just go for the hydrocarbur plants? Should it simply invest on renewable energy plants? Should it take time and reaserch   Pietro
fie dahl

Sinopec profit rises as fuel price controls eased - 0 views

shared by fie dahl on 19 Nov 13 - No Cached
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    The article talks about how Sinopec's profit increased because of an ease in price control - this allowed the company to follow the international priced and thereby increase the revenue.
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