Alaska Communications ( ALSK ) expects 2014 revenue of $310M, above a $289.4M consensus. But free cash flow is expected to fall to $20M from a 2013 level of $22M. Capex is expected to drop to $40M from $47.7M. Adjusted EBITDA, pressured by the loss of $15.7M in revenue tied to the Alaska Wireless
investments, be it junk bonds or speculative equities. This is exemplified by high-yield bond spreads approaching historical lows, sub -prime mortgages being bid up 17% in the past year, and speculative equities posting triple-digit gains. Classic fundamental
but not out of alignment with the larger Canadian peer group--CNRL continues to maintain its position as a low-cost ( sub -CAD 1.45 per thousand cubic feet) natural gas producer. This low-cost position is largely a function of the economies
the raw data that I look at suggests that February should be worse, not better. Stipp: If we see zero or we see something sub -100,000, do you go back and take a look at your forecasts? Johnson: I absolutely will, just because I have to. It's
Android prices could expand the addressable market in a country whose nominal per capita GDP is around $6K. India, which has a sub -10% smartphone penetration rate, still presents a major growth opportunity. But with a nominal per capita GDP of ~$1
35% tax bracket, MZF provides a ~10% tax equivalent yield. See graph below for a summary (Source: Cutwater website) . Sub -Advisor Cutwater Asset Management ("Cutwater"), a subsidiary of MBIA, is the portfolio manager on the Managed Duration
and have a strong mean-reverting tendency. As a result, elevated profits as a share of income are predictably followed by sub -par profit growth over the following 4-years or so. Second, taxes act as a “layer” on top of this mean-reverting
really think Eastern m*ch*g*n University is going to win the whole thing? Really?? C’mon. While there are certain sub -sectors in the bond market that could perform well over the next several years (such as Treasury Inflation-Protected Securities
ACCRA (Reuters) - Two former directors of Ecobank defended CEO Thierry Tanoh and said he is under pressure to resign because he is dealing with governance problems that allegedly took place before his tenure began at one of the biggest banks in sub -Saharan Africa.
ACCRA (Reuters) - The main shareholder in Ecobank , one of the biggest banks in sub -Saharan Africa, called on Saturday for its Ivorian chief executive Thierry Tanoh to be dismissed immediately.