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Teambox Adds High-Definition Video Conferencing, Market Looks for Deeper Collaboration
Teambox has added high-definition video conferencing, adding to a list of providers that are adding video to their collaboration platforms. The Teambox offering is of particular notice as it fully integrates video conferencing and screen sharing directly into the collaboration platform through Zoom, a video conferencing service. The service allows for video conferencing of up to 25 people across desktops, tablets and mobile devices. It supports iCal, Outlook and Google calendar. Teambox has earned recognition for its capability to integrate third-party apps for an inline experience
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Teambox Adds High-Definition Video Conferencing, Market Looks for Deeper Collaboration
Rouhani: ‘Nuclear rights’ must be respected
STORY HIGHLIGHTS
- NEW: U.S. must respect Iran’s nuclear rights before talks can begin, Hassan Rouhani says
- The West knows sanctions don’t work, he says; they benefit only Israel
- Iran’s president-elect: Nuclear program lawful, but more transparency needed
- Government will pursue policies of “moderation and justice, and not extremism and egoism”
(CNN) — Iran’s centrist president-elect expressed a willingness to open dialogue with the United States, which it hasn’t had diplomatic relations with in decades, but only if the United States recognizes Iran’s right to a nuclear program.
Hassan Rouhani, who won the presidency over the weekend, said in his first news conference Monday, however, that the Islamic republic has no intention of ending its uranium-enrichment program. The program is a major impetus for the international sanctions against Iran.
Calling relations between the U.S. and Iran an “old wound” and “complicated,” Rouhani said that before there are talks, the U.S. must first promise to never interfere with Iranian domestic affairs and scrap its “unilateral” and “bullying policies.”
“Wisdom tells us both countries, both nations need to think more about the future and try to sit down and find solutions to past issues and rectify things,” he said. “The rights of the Iranian nation, including nuclear rights, need to be recognized.”
Is Iran’s new president a reformist?
Iran pins hope for change on Rouhani
Iran declares new president
Impact of sanctions on Iranians
“We are prepared to see tensions alleviated,” he added, noting that any talks “should be based on mutual respect and interest and equal footing.”
In opening his news conference, Rouhani, 65, said repairing Iran’s economy and engaging in more dialogue — both at home and abroad — will be his administration’s top priorities.
Dialogue and the economy are related, as Iran faces sharp international sanctions over its nuclear program, but Rouhani said he foresees a “fresh opportunity for interaction at the global level.”
Mutual trust and transparency are key to the international community lifting sanctions, which he called “brutal, and the people of Iran have done nothing wrong to deserve sanctions.”
“Making use of the lever of sanctions, this is not the right time for that. … Even in the West, they are facing economic problems and dilemmas, and they themselves know the sanctions are to the detriment of the West,” Rouhani said, adding that Israel was the only country benefiting from them. “We can make it clear to the whole world that the measures and activities of the Islamic republic are totally within international regulations and mechanisms.”
Rouhani did not elaborate on how he would make the country’s nuclear program more transparent, but he insisted that the Iranian nuclear program was lawful. He also voiced opposition to international “meddling” in domestic affairs.
While Rouhani encouraged Iran to act with “unity and solidarity” as it transitions to his promised moderate rule in coming weeks, he said his primary goals will be “acting in line with salvaging the country’s economy, reviving morality and constructive interaction with the world.”
He said he could not yet provide time lines but said he would first like to ensure that Iranians had basic commodities before his government pursues “the tranquility and stability of the economy.”
This will require embracing “moderation and justice, and not extremism and egoism,” he said. “Electoral promises, I will not forget them, so I beseech the almighty God to give me the opportunity to materialize all those promises.”
Rouhani said he would convene groups to discuss the best ways to improve the country’s social, cultural and economic affairs. “As far as practice, that job will be delegated to the people themselves,” he said.
After his victory was announced over the weekend, Rouhani spoke of reforms without threatening Iran’s supreme leader, Ayatollah Ali Khamenei, or the country’s institutions — of which he is a product. The former national security council chief promised greater personal freedoms and said he would free political prisoners and jailed journalists.
Israeli Prime Minister Benjamin Netanyahu has already cautioned the world against easing such sanctions in the face of Rouhani’s promises.
“Regarding the results of the elections in Iran, let us not delude ourselves. The international community must not become caught up in wishes and be tempted to relax the pressure on Iran to stop its nuclear program,” Netanyahu said at a weekly Cabinet meeting.
The prime minister also said Iran’s supreme leader “disqualified candidates who did not fit his extremist outlook.”
In his campaigning, Rouhani pledged to improve the economy and unemployment. As a former nuclear negotiator, he said, he would reduce the high tension between Iran and the outside world by addressing the sanctions.
In a message through the semiofficial Fars News Agency, Rouhani said the win “is the victory of wisdom, moderation, growth and awareness, the victory of commitment and religiosity over extremism and ill tempers.”
Reaction from the West — including that of Britain, the United States and United Nations — revolved around calls for Rouhani to keep his promises to steer Iran in a new direction.
The United States “remains ready to engage the Iranian government directly in order to reach a diplomatic solution that will fully address the international community’s concerns about Iran’s nuclear program,” the White House said.
While the White House respected the vote, it said the election occurred “against the backdrop of a lack of transparency, censorship of the media, Internet, and text messages, and an intimidating security environment that limited freedom of expression and assembly.”
Rouhani succeeds outgoing President Mahmoud Ahmadinejad, who was term-limited and could not run in the election.
But Rouhani won’t be Iran’s most powerful man. That distinction belongs to Khamenei, who has been Iran’s supreme leader since 1989. He’s got plenty of backing, from conservative citizens to loyalist militia groups to, most notably, the Revolutionary Guard.
On his website, the supreme leader said Rouhani is the president of all Iranians and told supporters of various candidates to set aside their differences and unify.
Rouhani has all-round credentials in Iran’s institutions, including as a senior cleric and former commander of Iranian air defenses, and he is an intellectual with three law degrees, including from a university in Scotland.
He has a reputation for shunning extreme positions and bridging differences.
While he has represented Khamenei on Iran’s security council since 1989, he has avoided being perceived as a pushover and has taken exception with the supreme leader on being too rigid toward the international community, according to an Iranian scholar at Stanford University. He has also accused state-run media of censorship and publishing lies.
Prior to Rouhani’s election, Iran’s Guardian Council, an unelected body made up of six clerics and six lawyers operating under the oversight of the supreme leader, drew up the restricted list of candidates from the 680 who initially registered.
Eight candidates were approved, two of whom subsequently dropped out. The final six contenders didn’t include any women. Nor did they include Ahmadinejad’s aide and protege Esfandiar Rahim Mashaei, who was among those excluded by the Guardian Council.
CNN’s Shirzad Bozorgmehr, Michael Martinez, Holly Yan, Michael Schwartz, Laura Smith-Spark, Reza Sayah, Azadeh Ansari and Sara Mazloumsaki contributed to this report.
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Detroit Restructuring Plan, Default Break New Ground: Moody’s
June 17 (Reuters) – Detroit’s default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody’s Investors Service said on Monday, because the city is looking to bondholders, as well as labor unions and pensioners, to share the pain. The city on Friday defaulted on a $39.7 million payment on certificates of participation and presented a plan to restructure its finances. “The restructuring plan is unconventional and precedent-setting in the municipal market
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Detroit Restructuring Plan, Default Break New Ground: Moody’s
DGAP-Adhoc: Gerry Weber International AG updates its short-term guidance
Gerry Weber International AG / Key word(s): Interim Report/Change in Forecast
14.06.2013 07:30
Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc release pursuant to section 15 WpHG
GERRY WEBER updates its short-term guidance
- GERRY WEBER has not remained isolated from the poor weather conditions
affecting the fashion retail sector
- First-half 2012/13 sales up 7.4% year-on-year to EUR 403.9 million;
earnings before interest and taxes at EUR 43.4 million (HJ1 2011/12:
EUR 47.0 million)
- Company stands by its medium and long-term growth plans
(Halle/Westphalia, 14 June 2013) Having grown its sales by 12.0% in the
first quarter of 2012/13, GERRY WEBER International AG (WKN: 330410)
reports sales revenues in the second quarter (February - April 2013) up
3.8% year-on year to EUR 219.0 million (Q2 2011/12: EUR 211.0 million).
This sales growth was mainly driven by the expansion of the company's own
retail spaces in Germany and abroad. A total of approximately 230
company-managed stores were opened in fiscal 2011/12 alone. In the first
six month of the current fiscal year 39 new stores were opened.
During the first half of the financial year 2012/13, the GERRY WEBER Group
generated sales of EUR 403.9 million (H1 2011/12: EUR 376.0 million), an
increase by 7.4% in year-on-year terms.
The slower pace of sales growth is, in particular, due to the bad weather
conditions in Germany and across Europe. While the first quarter (November
2012 - January 2013) was impacted by the very mild winter which made it
difficult to sell winter merchandise, the months of February and March 2013
were affected by unusually low temperatures. The adverse and cold weather
conditions almost all across Europe clearly weighed on customer footfall in
city centres and stores, resulting in declining year-on-year like-for-like
sales.
Sales by segments
The effects of the weather-affected trading environment and the resulting
lower customer frequency had a direct impact on the GERRY WEBER Retail
business. Following on from a 36.1% rise in the first quarter of 2012/13,
sales growth slowed down to 17.4% in the second quarter. In absolute
figures, the Retail segment contributed EUR 80.9 million to sales revenues
in the second quarter of the current financial year (Q2 2011/12: EUR 69.2
million). As already pointed out above, the sales increase reported for the
two quarters is mainly due to the newly opened Houses of GERRY WEBER and
mono-label stores in Germany and abroad, i.e. to the expansion of own sales
floor space. Looking at the full first six months of 2012/13, Retail sales
revenues amounted to EUR 166.6 million, a year-on-year increase by 26.1%.
Almost the entire German fashion industry was effected by bad weather
conditions resulting in lower sales in comparison to last year. Also GERRY
WEBERs like-for-like sales decreased by 4.1% in H1 2012/13. While this
means that the GERRY WEBER Group performed better than the German fashion
sector as a whole, we were unable to isolate ourselves completely from this
trend.
The Production and Wholesale segment contributed EUR 237.3 million (H1
2011/12: EUR 244.0 million) or 58.8% to Group sales. It needs to be taken
into account that the Wholesale revenues for the first six months of the
previous year still included the revenues generated by the Dutch Houses of
GERRY WEBER which are meanwhile majority-owned by the GERRY WEBER Group. In
addition, sales in the first half of 2013 suffered from lower reordering by
wholesale customers during the period. Due to the selective distribution
strategy GERRY WEBER renounced sales to customers with a low
creditworthiness in order to minimise the exposure to debtor defaults.
EBIT performance
Against the background of the prolonged winter sales in January 2013 as
well as the lower sales than expected, particularly in the retail segment,
earnings before interest and taxes reduced from EUR 47.0 million to EUR
43.4 million in the first six months of 2012/13.
As a result of the effects of the ongoing Retail expansion as well as the
weather-related trading environment, the EBIT margin was down from 12.5% to
10.7% on the first six months of the prior year. Net income for the period
after taxes came in at EUR 29.3 million for the first six months of
2012/13, resulting in slightly lower earnings per share of EUR 0.64 (H1
2011/12: EUR 0.69/share).
2012/13 guidance update
In view of the weather-induced weakening during the first half of 2012/13
as well as the risk of continued poor weather conditions affecting the
trading environment in Europe, management has decided to adopt a more
prudent view of the short-term outlook for the financial year 2012/13.
Against this background GERRY WEBER International AG has updated its short
term targets. Having originally targeted a level of sales between EUR 890
and 900 million, we now expect sales in the current financial year to
amount between EUR 860 to 870 million in the current financial year. Lower
sales particularly on the Retail side as well as higher discounts due to
the prolonged winter sales have also prompted us to lower our EBIT
guidance. Having originally anticipated earnings before interest and taxes
of EUR 131 - 135 million, the company now expects to generate EBIT of
around EUR 120 million in what will remain a challenging market environment
during the full financial year 2012/13.
Notwithstanding the fact that we will for a short while not meet our
ambitious self-imposed targets for the financial year 2012/13, we continue
to anticipate dynamic and profitable growth for the GERRY WEBER Group
moving forward. Building on our unique brand positioning, our five strong
brands, our customer structure and, most of all, the growth opportunities
to be tapped in the international markets, the 'GERRY WEBER' business model
remains on a growth path. This is why we stand by our strategy geared to
profitable growth over the medium and long-term.
Key figures of the GERRY WEBER Group for H1 2012/13
H1 2012/ H12011/12 Q2 2012/ Q2 2011/
13 13 12
Sales revenues (in EUR millions) 403.9 376.0 219.0 211.0
EBIT (in EUR millions) 43.4 47.0 25.6 29.3
EBIT margin in % 10.7% 12.5% 11.7% 13.9%
Net income for the period 29.3 31.6 17.8 20.2
(in EUR millions)
Earnings per share (in EUR) 0.64 0.69 0.39 0.44
Equity ratio (in %) 80.7% 77.0% 80.7% 77.0%
Headcount (as of April 30,) 4,831 4,209 4,831 4,209
Forecast of GERRY WEBER International AG
Updated 2012/13 Original 2012/13
guidance guidance
Sales revenues (in EUR 860-870 890-900
millions)
EBIT (in EUR millions) around 120 131 - 135
Admitted to the Regulated Market of the Frankfurt Stock Exchange (Prime
Standard)
ISIN: DE0003304101
WKN: 330410
Investor Relations Contact
GERRY WEBER International AG
Claudia Kellert
Neulehenstrae 8
D - 33790 Halle/Westfalen
Tel.: +49 (0) 52 01-185 8422
E-mail: c.kellert@gerryweber.de
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Language: English
Company: Gerry Weber International AG
Neulehenstrae 8
33790 Halle/Westfalen
Germany
Phone: +49 (0)5201 185-0
Fax: +49 (0)5201 5857
E-mail: c.kellert@gerryweber.de
Internet: www.gerryweber-ag.de
ISIN: DE0003304101
WKN: 330410
Indices: MDAX
Listed: Regulierter Markt in Dsseldorf, Frankfurt (Prime Standard);
Freiverkehr in Berlin, Stuttgart
End of Announcement DGAP News-Service
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Continued:
DGAP-Adhoc: Gerry Weber International AG updates its short-term guidance
Texas Instruments Narrows Its Outlook
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Standard and Poor’s lifts US outlook
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EANS-Adhoc: ams AG / ams updates business expectations
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Earnings Forecast 10.06.2013 Unterpremstaetten, Austria (10 June 2013) - ams (SIX: AMS), a leading provider of high performance analog ICs and sensors, updates business expectations for 2013. ams has concluded from customer information and recent order intake that certain ramp-ups for designed-in ams products are now expected to occur late in the second half of 2013 and/or the first months of 2014. As a consequence ams expects a lower revenue trajectory in the second half of 2013 compared to previous expectations but continues to expect year-on-year revenue growth for full year 2013. While ams sees ramp-up activity for new devices in the second half of 2013, several design-ins for upcoming device platforms are expected to ramp in 2014 driving ams' market position in smartphones and tablet PCs. As certain of these ramp-up schedule changes relate to new margin-attractive product areas and ams continues to invest into its capabilities to support new business, ams also expects a negative impact on 2013 operating result and earnings which are now expected to remain below 2012 levels. Untouched by the ramp-up delays mentioned above, ams' project and design-in pipeline for and beyond 2013 remains very strong with leading OEMs in the consumer and communications as well as industrial, medical and automotive markets. ams emphasizes that the company sees no change in its close relationship and significant engagements with its major customers, particularly in the attractive markets for smartphones and tablet PCs. Given these developments, ams expects 2013 to show characteristics of a transition year as the company gears up to capitalize on its existing high value project wins in 2014 and beyond. Over the coming quarters ams will focus on bringing its pipeline of high performance analog and sensor solutions to customers' next generation devices. ams will report second quarter and first half 2013 results including a business outlook for the third quarter 2013 on 22 July 2013 after market close at 6 pm CEST. ### About ams ams develops and manufactures high performance analog semiconductors that solve its customers' most challenging problems with innovative solutions. ams' products are aimed at applications which require extreme precision, accuracy, dynamic range, sensitivity, and ultra-low power consumption. ams' product range includes sensors, sensor interfaces, power management ICs and wireless ICs for customers in the consumer, industrial, medical, mobile communications and automotive markets. With headquarters in Austria, ams employs over 1,300 people globally and serves more than 7,800 customers worldwide. ams is the new name of austriamicrosystems, following the 2011 acquisition of optical sensor company TAOS Inc. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS). More information about ams can be found at www.ams.com. Further inquiry note: Moritz M. Gmeiner Director Investor Relations Tel: +43 3136 500-31211 Fax: +43 3136 500-931211 Email: investor@ams.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: ams AG Tobelbader Strasse 30 A-8141 Unterpremstaetten phone: +43 3136 500-0 FAX: +43 3136 500-931211 mail: investor@ams.com WWW: www.ams.com sector: Technology ISIN: AT0000920863 indexes: stockmarkets: official dealing: SIX Swiss Exchange language: English
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