Recent news on Capex

Orient Paper has Rs 750 cr capex plans  -  25 May 2007
Moneycontrol.com,ML Pachisia, Managing Director, Orient Papers & Industries said that they have atotal capex plan of Rs 750 crore. Q: You priced it at Rs 360.

Capex growth continues in Global Diversified Industrials  -  25 May 2007
newratings.comLONDON, May 24 (newratings.com) - Analysts at JP Morgan say that capital expenditure in the Global Diversified Industrials sector shows that the capex cycle

Hold Steel Authority Of India: ASK Securities  -  25 May 2007
Moneycontrol.com,Research house revising their PE from 7.0x earlier to 8.0x due to strong free cash flows given no aggressive capex plans. SAIL's realizations during the

Gokaldas Exports crosses Rs 1000cr in apparel sales  -  25 May 2007
Moneycontrol.com (press release),This year has been the highest capex year wherein Rs.100 Crores of capex has been added. Three new factories were commissioned in Bangalore in Q4 while in

Shanghai, other hot spots, driving IPTV use in China  -  25 May 2007
EETimes.comLower capex: Amid a seasonal lull in the IC industry, Gartner Inc. lowered its capital equipment spending forecasts for 2007 and 2008.

A Wide Spread of Data  -  25 May 2007
FXstreet.com The Foreign Exchange Market,Australia dominates the Antipodeans with April retail sales, building approvals private sector credit and trade data all due; as well as Q1 CAPEX in the

AltX-bound Ansys eyes Denel's Hoefyster, enlarged Spoornet capex plans  -  May 24, 2007
Engineering News (press release),Pretoria-based engineering and technology company Ansys Integrated Systems, which will list on the AltX in June, is set to be a direct beneficiary of

KS Oils board approves the capex plan  -  May 23, 2007
Myiris.com,The board of directors of KS Oils considered and approved the CAPEX Plan of Rs 6.50 billion to 7.50 billion. The above decision was taken in the board

Asia-Pacific Mobile Revenues to Grow to $167B by 2012  -  May 23, 2007
Wireless Design & Development Asia,Wireline revenues, on the other hand, will decline slightly over the next five years, from $89 billion in 2006 to $84 billion in 2012,while capex will

Consumption, not capex, remains Japan's soft spot  -  May 19, 2007
Gulf News,Tokyo: Will household spending replace companies' capital expenditure as the engine of Japan's economic growth as January-March GDP data suggests?

Brand New Study 'WiMAX Value Proposition: Capex, Opex, Performance ...  -  May 18, 2007
TMC Net,This report, The WiMAX Value Proposition: Capex, Opex, Performance, examines the business case for WiMAX, especially in comparison with 3G technologies.

TBR Predicts AT&T and Verizon Will Represent Nearly 70% of US ...  -  May 17, 2007
SYS-CON Media,In total, US wireline and wireless network operators spent more than $50 billion in 2006 CAPEX, representing 18% of telecom operator revenue.

Housing, Capex in Focus Next Week  -  May 18, 2007
TheStreet.com (subscription),By Tony Crescenzi. There is usually one week out of each month where the economic calendar is very light, leaving the markets to trade on their own devices.

Asian Market Update: Japanese economy loses some steam as capex ...  -  May 17, 2007
Fxtraders.eu,Japan's economy loses a bit of momentum as capex drops: (JP Q1 PRELIMINARY GDP QOQ: 0.6% V 0.7% expected; ANNUALIZED: 2.4% V 2.7% expected, GDP deflator:

Liberty Global sees capex-sales ratio falling  -  May 16, 2007
Reuters..."I believe we've probably peaked in capex," Chief Executive Mike Fries told a Reuters Technology, Media and Telecoms Summit in Paris on Wednesday.

Online service launched for antenatal screening tests  -  May 23, 2007
E-Health Insider,Genio, which offers antenatal screening for a wide range of conditions, was launched this month by Capex Health Service. Its directors believe that it is

North American Mobile Capex Growth Continues - Slowly  -  May 14, 2007
Cellular-News,..."Continued erosion of fixed network revenues will constrain future capex increases. Ovum-RHK expects capital spending to continue at this level throughout

Areva T&D an outperformer; target of Rs 1486: HDFC Sec  -  May 23, 2007
Moneycontrol.com,AREVA T&D India has planned a capex of Rs 4 billion over 3 years to boost the production of high-end transformers, set up a new plant at Vadodara for Rs 2

SOUTH AFRICA: Autos capex at record levels  -  May 16, 2007
just-auto.com (subscription),South Africa's motor industry posted record capital expenditure during 2006 and projections for 2007 show planned investments to continue at near record

ROUNDUP - Japan March weak machinery orders signal slower capex ...  -  May 14, 2007
FXstreet.com The Futures Market,Due to the unexpectedly large drop in March, core machinery orders in the quarter to March fell 0.7 pct from the previous quarter, the first fall in two

Stay invested in Reliance Energy: Tulsian  -  May 22, 2007
Moneycontrol.com,..."The capex plan will really take off and we will see the substantial capacity addition in the company’s plant capacity and that should really be a good

Anheuser-Busch backs '07 rev view; ups view on capex  -  26 Apr 2007
ReutersNEW YORK, April 25 (Reuters) - Anheuser-Busch Cos. Inc. (BUD.N: Quote, Profile, Research) on Wednesday affirmed its outlook for 2007 revenue per barrel and

Ericsson Q1 07: strong growth helped by Sony Ericsson  -  26 Apr 2007
Ovum,Both North and South America showed peaks of network investment just over a year ago, in a lull in capex spending and are affected by the dollar's weakness.

Next Inning Technology Previews Earnings for SanDisk, Lattice ...  -  26 Apr 2007
Earthtimes.orgDo current CapEx spending trends suggest that Lattice will put together good results this year? -- What investing strategy does McWilliams recommend for

Embratel posts 3% rise in Q1 profits  -  26 Apr 2007
TeleGeography,According to BNamericas, CAPEX was BRL218 million, split mainly between access, infrastructure and local services (32.4%), network infrastructure (27.2%),

New platinum ETF raises fear of metal shortage  -  26 Apr 2007
Mining MX,...of profitable "second tier" mining projects, (ie smaller in scale than the mega projects) but richer in grade and lower in capex requirements," it said.

Comcast Q1 2007 Earnings Call Transcript  -  26 Apr 2007
Seeking Alpha,That increase reflects our recent cable acquisitions and higher CapEx. This level of depreciation and amortization is expected to recur throughout the

British business doing well on value-added scoreboard  -  26 Apr 2007
Eureka,Both companies invest heavily in R&D and Capex. Neil Carson, chief executive of Johnson Matthey, wrote in the report: “Technology is the key driver for all

Pre-Market Snapshot: Bulls Continue To Ride Earnings  -  26 Apr 2007
Seeking Alpha,Capex and exploration costs totaled $4.3b. Exxon repurchased 108 million shares ($7b) of its common stock during the quarter, reducing shares outstanding by

SAIL board approval soon for Rourkela Steel capex plan  -  Apr 24, 2007
Moneycontrol.com,The board of directors of Steel Authority of India Ltd (SAIL) is likely to soon clear a Rs 6000-7000-crore capital expenditure plan for Rourkela Steel Plant

Boost for capex plans of firms  -  Apr 24, 2007
Financial Express,Keeping rates stable at this juncture when the underlying growth momentum is strong, will facilitate the execution of capex plans of corporates in industry

Bintulu Port allocates RM400mil for capex  -  Apr 23, 2007
Malaysia Star,By JACK WONG. KUCHING: Bintulu Port Holdings Bhd has budgeted RM400mil in capital expenditure up to 2010 to fund Bintulu Port’s development projects and

Siemens: Capex boom  -  Apr 23, 2007
Business Standard,Siemens has once again leveraged the current boom in the capex sector in the March 2007 quarter, but it has had to also grapple with rising costs of inputs

Syntel records highest revenue & EPS in its history  -  Apr 25, 2007
Moneycontrol.com,Capex during Q1 was $11.7 Mn (Rs 51.48 Cr), the highest in the history of Syntel. Syntel plans to spend between $30-40 Mn (Rs 132-176 Cr) on Capex in 2007

Part of proceeds goes to Nat Bio capex  -  Apr 20, 2007
Malaysia Star,Executive director Clement Toh said the RM25.8mil in capex would mainly be used to construct a new factory and warehouse, in line with its product expansion

Millicom posts 1Q07 profits of US$345mn - Regional  -  Apr 24, 2007
Business News Americas,Millicom's quarterly global capex was US$183mn, more than double the US$80mn in the same quarter last year. Its quarterly capex investments tend to increase

RIL may hike capex by 53% to Rs 27300 cr this year  -  Apr 19, 2007
Financial Express,MUMBAI, APR 19: Reliance Industries Ltd (RIL) is likely to increase its capex programme by as much as 53% this year. A recent report by Lehman Brothers

Taiwan's Nanya leaves 60 bln twd capex plan for 2007 unchanged  -  Apr 20, 2007
Forbes,TAIPEI (XFN-ASIA) - Nanya Technology Corp (2408.TW) is leaving its capital expenditure in 2007 unchanged at 60 bln twd as previously planned, company vice

SM Prime sets aside P35 B to continue expansion binge  -  Apr 23, 2007
Manila Bulletin,SM Prime president Hans Sy said in a briefing after the firm’s stockholders’ meeting yesterday that the capex is consistent with the programmed capex of

Admiral Taverns to dispose of up to 130 pubs  -  Apr 24, 2007
The Publican,Around five per cent of the bought sites are currently shut and a proportion of these will be the subject of “capex, capex, capex� to get them back into the

16-04-2007: Tenaga’s FY07 capex to be RM5b  -  Apr 15, 2007
The Edge Daily,Tenaga Nasional Bhd's capital expenditure (capex) for the financial year ending Aug 31, 2007 (FY07) is expected to rise to RM5 billion, with the bulk going

TeliaSonera Q1 underlying EBITDA falls on weaker fixed voice - UPDATE  -  Apr 23, 2007
Hemscott,It also reiterated that the CAPEX-to-sales ratio is expected to grow due to increased investments in broadband and mobile capacity.

LUKOIL's net profit under US GAAP rose 16.2% to $7.484 bln in 2006  -  Apr 24, 2007
Analytical Information Agency,CAPEX made $6.886 bln, that increases 64.9% the showings of 2005. Exploration CAPEX rose 75.5% and 30.6% in refinery sphere.

Maruti FY-07 net up 31%, to invest Rs 5000 cr  -  Apr 24, 2007
Financial Express,Khattar said the company would continue its capex programmes as planned. "Last year we invested about Rs 1300 crore on capex across all activities.

Samsung's 1Q Spending Supports Thesis That Capex Spending Will Slow  -  Apr 16, 2007
Seeking Alpha,The latest evidence: Samsung spent 41 percent of memory capex in first quarter, as reported by Semiconductor Fabtech:. Samsung has said that it had spent 41

LUKOIL Net Income Rose by 16.2% in 2006 Production of Marketable ...  -  Apr 24, 2007
Russia Newswire (press release),Upstream CAPEX rose by 75.5% while downstream CAPEX increased by 30.6%. Production of marketable hydrocarbons (including share in production by affiliates)

Toyota sets 1.5 trln yen capex in current yr to March 2008 - report  -  Apr 17, 2007
Forbes,TOKYO (XFN-ASIA) - Toyota Motor Corp will invest about 1.5 trln yen in plants and equipment in the current year to March 2008, the Nikkei financial daily

Slow CapEx Spending Worries Economists  -  Apr 14, 2007
Seeking Alpha,Barry Ritholtz submits: For the past 5 years, I've cringed each time I heard a bullish argument for rising Corporate Capital Expenditures (CapEx for short)

Juniper Looking Ahead: Fool by Numbers  -  Apr 24, 2007
Motley FoolHowever, Juniper outsources its manufacturing and remains mostly a design shop, so capex isn't as important as research here.

North American telecom carrier capex hit $69 billion in 2006, says ...  -  Apr 11, 2007
Lightwave (press release)Capex-to-revenue ratios are expected to remain stable at around 17% through 2008 due to a number of mid-term projects and then will trend down to about 16%

FIH posts strong revenue growth in 2006; to increase capex in 2007  -  Apr 12, 2007
DigiTimes,With its number of clients expected to continue to increase in 2007, the company also plans to expand its capital expenditure (capex) to further expand its

VimpelCom OJSC plans CAPEX for 2007 at $1.6 bln  -  Apr 12, 2007
Analytical Information Agency,In 2006 CAPEX made $1.512 bln (without purchases), that is 7.5% less yoy. In IVQ 2006 the company invested about $534 mil in purchasing long-term assets and

Google: Strong Quarter, Still Expensive  -  Apr 22, 2007
24/7 Wall St.,If the global economy stays strong and the company can haul back on its CAPEX in future years, perhaps FCF could hit $4 billion or $4.5 billion in 2008.

Mittal kicks off R9bn capex roll-out  -  26 Mar 2007
Business Report,Mittal Steel South Africa would announce on Thursday a R600 million kilns project at its main Vanderbijlpark plant, the division of the world's top steel

Addicted to Growth at Walgreen  -  26 Mar 2007
Motley FoolAs a result, free cash flow, which many of us here at Motley Fool track closely, tends to be minimal, since capex levels are so high.

Uranium Performance Review  -  26 Mar 2007
Resource Investor,...those moving into production and companies operating in quality jurisdictions with real potential for permitting and realistic CAPEX’s.

ADH - ADvTECH Limited - Audited Results for the year ended 31 ...  -  26 Mar 2007
Finance24,Free cash flow before capex grew by 39% to 40,1 cents, due to the strong operational performance and ongoing focus on working capital management.

“Ethernet Not Carrier Class,â€? Says Telecom Italia  -  26 Mar 2007
Telecommunications Magazine,In the meantime, Telecom Italia is using Ethernet for particular applications in an attempt to take advantage of lower capex and opex costs.

DragonWave's Inexpensive Horizon Compact Wireless Carrier Ethernet ...  -  26 Mar 2007
TMCnetBoth capital and operational expenditures [CAPEX and OPEX (News - Alert)] for carriers is reduced, installation and other operational burdens can be reduced

26-03-2007: AmResearch raises KLCI year-end target to 1370  -  Mar 25, 2007
The Edge Daily,..."Meanwhile, the oil and gas cycle is progressing towards the capex-heavy development stage of the value chain, where about 75% of total exploration and

Industry capex falls  -  Mar 22, 2007
Ferret,New capital expenditure figures released for the printing industry show the fourth consecutive quarter fall in new capital expenditure.

Petroecuador Boosts Capex  -  Mar 20, 2007
Petroleum Intelligence Weekly (subscription),LONDON (AFX) - Kesa Electricals PLC, Europe's third-biggest electricals retailer, has reported a 15.4 pct rise in full-year pretax profit,

Kesa Electricals FY pretax up 15.4 pct; capex rise to hit current ...  -  Mar 21, 2007
Forbes,LONDON (AFX) - Kesa Electricals PLC, Europe's third-biggest electricals retailer, has reported a 15.4 pct rise in full-year pretax profit,

Kesa Electricals to up current year capex to 140 mln stg  -  Mar 21, 2007
Forbes,LONDON (AFX) - Kesa Electricals PLC, Europe's third biggest electricals retailer, plans to ramp-up capital expenditure to 140 mln stg in the year to

Air China sets 2007 capex to expand fleet  -  Mar 19, 2007
ReutersHONG KONG, March 20 (Reuters) - Air China Ltd. (0753.HK: Quote, Profile, Research) will earmark 16.9 billion yuan (US$2.18 billion) for capital expenditure

Herald Inns & Bars announces major capex programme  -  Mar 19, 2007
The Publican,By Hamish Champ. Herald Inns & Bars (HIB) has announced a £5m investment programme to create a new generation of nightclub and to broaden the appeal of its

Capex lifted on Exxaro coal project  -  Mar 14, 2007
Mining MX,The Diepspruit reserves will now be accessed through its own decline system, said Arran who declined to estimate the possible capex increase.

DragonWave Cuts Wireless Carrier Ethernet Capex and Opex with New ...  -  Mar 12, 2007
Newswire Today (press release),...“Carrier CAPEX and OPEX are reduced so that the Horizon Compact, a licensed-spectrum solution, provides direct cost competition for best-effort,

GM files 10-K, sees $5.7 bln in capex on N. America ops in 2007  -  Mar 15, 2007
MarketWatchBy MarketWatch. , , ) , which had delayed its 2006 annual report with the Securities and Exchange Commission, filed the Form 10K within the 15-day grace

New cost estimates weigh on Eskom capex, pricing  -  Mar 14, 2007
Engineering News (press release),State-owned power utility Eskom has admitted that it might have to materially increase its capital allocations for its planned R97-billion.

Eskom scales up 5yr capex plan to R150bn  -  Mar 14, 2007
Engineering News (press release),State power utility Eskom now plans to spend R150-billion during the five-year period from 2007/8 to 2011/12, it revealed on Wednesday.

Fitch Global Utilities Outlook Highlighted by Event Risk, Higher CAPEX  -  Mar 8, 2007
Business Wire (press release),...'The Australian utilities are examples where highly geared acquisition activities combined with high CAPEX and shareholder-friendly dividend polices have

JSW Steel plans capex via markets  -  Mar 12, 2007
Moneycontrol.com,JSW Steel's Vijayanagararam plant played host to India’s investment community over the weekend. The exercise is being seen as a pre-cursor to the company

North-bound capex gets 10.35% injection  -  Feb 28, 2007
Business Standard,It has been on an upward trend since, though the growth projected for next year is lower than the 12.82 per cent growth in capex estimated in the current

Exxon CEO sees capex of around $20 bln/yr  -  Mar 7, 2007
ReutersMr. Tillerson is Elected President and Director of ExxonMobil in 2004; Senior Vice President in 2001. Mr. Tillerson has held a variety of management.

Peru Sees High Upstream Capex  -  Mar 6, 2007
Petroleum Intelligence Weekly (subscription),Kolkata, Mar 10: State-owned Hindustan Paper Corporation Ltd (HPC) has earmarked a Rs 1380 crore capital expenditure plan for upgrading and expanding its

Hindustan Paper earmarks Rs 1380 crore Capex plan  -  Mar 10, 2007
Zee News,Kolkata, Mar 10: State-owned Hindustan Paper Corporation Ltd (HPC) has earmarked a Rs 1380 crore capital expenditure plan for upgrading and expanding its

ROUNDUP Strong Japan Jan machinery orders shows capex solid, led ...  -  Mar 8, 2007
Forbes,TOKYO (XFN-ASIA) - The rebound in core private sector machinery orders in January confirms that corporate capital investment remains firm,

ROUNDUP Strong Japan Jan machinery orders shows capex solid, led ...  -  Mar 8, 2007
ABCmoney.co.uk,By : Agencies. TOKYO (XFN-ASIA) - The rebound in core private sector machinery orders in January confirms that corporate capital investment remains firm,

Mexico's Axtel sees capex of $210 mln in 2007  -  Feb 27, 2007
MarketWatch..."This year, we will be investing approximately 65% of our total capex amount on access solutions as well as continued fiber expansion in preparation for

Most Taiwan TFT LCD panel makers to cut capex for 2007  -  Feb 26, 2007
DigiTimes,Total capex for the four makers are expected to reach NT$177.3-187.3 billion (US$5.4-5.7 billion) in 2007, as compared to the NT$247.4 billion projected for

Australia Q4 private new capex rises 1.0 pct vs 5.3 pct fall in Q3 ...  -  Feb 28, 2007
Forbes,The consensus of economist forecasts was for December quarter capex to rise 3.5 pct from the September quarter. The fourth quarter rise compares with a 5.3

Weak capex 'poses downside risk to GDP'  -  Feb 28, 2007
The Age,..."It shows there is a lot of capex coming down the pipeline and still to come through. "(The outlook) is very positive not only in the amount of investment

NTT East, West to spend 855 bln yen in 07/08 capex  -  Feb 28, 2007
ReutersTOKYO, March 1 (Reuters) - Nippon Telegraph and Telephone Corp.'s (9432.T: Quote, Profile, Research) fixed-line units plan to spend a total of 855 billion

Pemex Sees Flat '07 Capex  -  Mar 6, 2007
Petroleum Intelligence Weekly (subscription),Mexican state-run oil monopoly Pemex expects capital expenditure of $13.9 billion in 2007, around the same level as last year, Chief Financial Officer

Japan MOF Survey: Oct-Dec Capex Up 16.8% On Year  -  Mar 6, 2007
FXstreet.com The Foreign Exchange Market,TOKYO (Dow Jones)--Capital investment spending by Japanese corporations increased 16.8% on year during the three months to December for the 15th straight

Pemex 2007 capex to reach US$13.9bn - Mexico  -  Mar 6, 2007
Business News Americas,Mexico's state oil company Pemex this year plans to spend US$13.9bn, company corporate finance director Esteban Levin Balcells said in a webcast

Gasco Energy Announces 2006 Financial Results; Provides Initial ...  -  Feb 28, 2007
PR Newswire (press release),2007 Initial Capital Expenditure Budget Gasco also today announced an initial budget of $40 million for its 2007 capital expenditure (Capex) program subject

NTT East, West to spend 855 bln yen in 07/08 capex  -  Feb 28, 2007
ReutersMr. Norio Wada has been serving as President and Representative Director of Nippon Telegraph & Telephone Corp. since June 2002. He joined the Company.

Qatar Petroleum eyes $120bn capex, key stakes in refineries  -  Feb 26, 2007
Gulf Times,Highlighting that the total capex expected in the next five years was to the tune of $80-120bn, he said QP will continue to aggressively tap the project

This site is for informational purposes only--it does not offer medical advice or sell health products. If you need assistance, contact your physician or healthcare professional