Vivendi is a company primarily focused on digital entertainment. Vivendi reported a growth of 9% in the quarter sales to EUR 2,600 mn, exceeding expected by the consensus of EUR 2520 mn market, driven by music unit. EBITDA amounted to EUR 298mn in (vs. EUR 319mn) and net profit amounted to EUR 193mn, disappointing EUR 209mn estimates even though it represents an increase of 34% over the same period.
EasyJet has revised upwards the guidance for annual profits after strong sales recorded in the summer. They saw the number of passengers reach 7,064,931 (vs. 6,612,075). The profit before tax is expected to reach GBP 675mn-700mn which compares favorably with the previous estimate (GBP 620mn-660mn). This result surpasses the expected by the market consensus (GBP 647mn).
At the end of August, there was to know that the French oil company Total announced the sale of North Sea Midstream Partners, specialized British company infrastructure, its interests in two gas pipelines and a gas terminal in the UK for 585 million pounds. The first asset given up is FUKA, a 362 kilometers pipeline 32 inches in diameter and built in 1977 to join the well Frigg (on the border of British waters with the Norwegian) to Saint Fergus terminal in Scotland. It will also sell the terminal Saint Fergus, a gas processing plant with a capacity of 2,648 million cubic feet per day from twenty exploration fields. And finally also will sell the gas transportation system Sirge, 234 kilometers long and 30 inches in diameter with a capacity of 665 million cubic feet per day.
Sacyr Vallehermoso, S.A. is a leading Spanish construction company. The first half EBITDA increased 50% to EUR 155mn and net income amounted to EUR 62mn (EUR 61mn vs. the same period in 2014). Net debt decreased to EUR 5,330 mn compared with EUR 7,080 mn observed in March. The CEO indicated that it would consider M & A in North America and predicts that EBITDA double the 2014 value by 2020.
Amazon is considering the possibility of launching on the market a low cost tablet that will be the cheapest model in the wide range of these portable devices with a price not more than $50. According to The Wall Street Journal, its creation will be shared with the Shanghai Huaqin Telecom Technology and the Taiwanese Compal Communications, inasmuch as their final release be made by the holiday season, which is when many technology companies are betting on the renewal of its catalog to the growing demand.
Ryanair has revised upwards the guidance for annual earnings by 25% and it is estimated that the net result varies between EUR 1175 and EUR 1225mn mn (vs. EUR 940mn-970mn previously estimated). This upward revision was justified by strong traffic in summer and better prices than expected and also because of the marketing program.
Tesco Plc agreed to sell its South Korean operations to a group led by private-equity firm MBK Partners for 4 billion pounds ($6.1billion). The British retailer said that the sale of its Homeplus business in South Korea would help reduce the high debts on its books.
Hewlett-Packard Company (Nyse: HPQ) reported a 13% drop in quarterly profits, and the company recorded the 15th decline in quarterly revenue in 16 quarters. Revenues fell 8% and recurring EPS reached 0.88 USD, compared with 0.85 USD expected.
MICROSOFT (MSFT) recently launched Windows 10 into the market. The new Microsoft operating system, with which the company led by Satya Nadella, bet part of its credibility, has as main dish its great versatility and solves many problems of previous versions, especially Windows 7. In terms of technical analysis, it is in a DISTRIBUTION LEVEL.
FACEBOOK ( FB - NASDAQ / NASDAQ-100 / S&P 500 ) is an online social networking service headquartered in Menlo Park, California. Its website was launched on February 4, 2004, by Mark Zuckerberg with his Harvard College roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. In terms of technical analysis, this is a BULISH LEVEL. FACEBOOK as a MARKET VALUE of 220.19Bn$ The TURNOVER in 2014 was 12.5Bn$ and in 2015 the ESTIMATED TURNOVER is 17.1Bn$. The NET INCOME in 2014 was 2.9Bn$ and in 2015 the ESTIMATED NET INCOME is 5.7Bn$. His NET FINANCIAL POSITION is POSITIVE with 10966Mn$ in Cash. Company RISK BETA is HIGH = 1.1 The ENTERPRISE MULTIPLE is NOT SO GOOD = 31.7 (sector average = 6.2). CURRENT RATIO is GOOD = 9.6 (sector average = 1.9). Comparing with the sector average, at this levels there IS NOT A GOOD OPPORTUNITY for long term INVESTMENT.