Senior Staff Photographer/Editor, Toronto, Ontario
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Apr 28, 2015

Orange confirms targets after posting in-line first-quarter results

PARIS/FRANKFURT (Reuters) – Orange SA (ORAN.PA: Quote, Profile, Research), France’s largest telecom operator, posted slightly lower quarterly results on Tuesday that were largely in line with expectations as mobile subscriber growth and expense cuts failed to offset higher network spending and other costs.

Orange said revenue fell 0.9 percent to 9.67 billion euros (7 billion pounds), topping the company-compiled average analyst estimate of 9.63 billion, but restated core profit fell 1.9 percent to 2.92 billion, shy of the 2.94 billion poll average.

Apr 28, 2015

Orange confirms targets after posting in-line Q1 results

PARIS/FRANKFURT, April 28 (Reuters) – Orange SA,
France’s largest telecom operator, posted slightly lower
quarterly results on Tuesday that were largely in line with
expectations as mobile subscriber growth and expense cuts failed
to offset higher network spending and other costs.

Orange said revenue fell 0.9 percent to 9.67 billion euros
($10.52 billion), topping the company-compiled average analyst
estimate of 9.63 billion, but restated core profit fell 1.9
percent to 2.92 billion, shy of the 2.94 billion poll average.

Apr 21, 2015

Publicis organic growth helped by currency effects

PARIS, April 20 (Reuters) – A weak euro helped Publicis
to report forecast-beating organic sales growth in the
three months of 2015 and the advertising agency also enjoyed an
initial boost from its recent acquisition of smaller peer
Sapient.

Organic revenue growth was 0.8 percent on sales of 2.1
billion euros ($2.25 billion) in the quarter compared with a
year ago, the company said on Tuesday. That was above analysts’
forecasts that revenue would be in a range between 0.5 percent
lower or 0.5 percent higher.

Apr 17, 2015

Vivendi’s Bollore urges shareholders to back double voting rights

PARIS (Reuters) – Vivendi (VIV.PA: Quote, Profile, Research, Stock Buzz) Chairman Vincent Bollore urged shareholders on Friday to back double voting rights at the French media group, arguing this would help it compete with powerful, rich rivals from Google (GOOGL.O: Quote, Profile, Research, Stock Buzz) to Facebook (FB.O: Quote, Profile, Research, Stock Buzz).

The group’s top shareholder also asked investors to give him time to rebuild the company into a media powerhouse, warning that cheap deals in the media industry were thin on the ground.

Apr 13, 2015

France’s Jean-Marie Le Pen steps back to ease family feud

PARIS (Reuters) – Jean-Marie Le Pen, founder of France’s far-right National Front, said on Monday he would not seek its ticket to stand in regional polls, taking some of the sting out of a damaging public row with his daughter Marine, the party’s current leader.

But the 86-year-old former paratrooper told Le Figaro in an interview that he was disappointed by his daughter and would not quit politics, showing that the family feud that could emerge as a threat to the FN’s bid for power is not necessarily over.

Apr 12, 2015

What to do with Dad: A dilemma for France’s Le Pen

PARIS (Reuters) – The daughter accuses the father of political suicide; the father publicly suspects she would like him dead anyway; and the grand-daughter watches in the wings, ready to pick up the pieces.

The feud within the Le Pen dynasty that has ruled France’s National Front (FN) for four decades is teetering between high drama and a low farce that could emerge as the biggest threat yet to the far-right party’s quest for mainstream power.

Apr 12, 2015

Analysis – What to do with Dad: A dilemma for France’s Le Pen

PARIS (Reuters) – The daughter accuses the father of political suicide; the father publicly suspects she would like him dead anyway; and the grand-daughter watches in the wings, ready to pick up the pieces.

The feud within the Le Pen dynasty that has ruled France’s National Front (FN) for four decades is teetering between high drama and a low farce that could emerge as the biggest threat yet to the far-right party’s quest for mainstream power.

Apr 7, 2015

Vivendi in exclusive talks to buy Orange’s Dailymotion

PARIS (Reuters) – French media group Vivendi has entered exclusive talks to buy 80 percent of video-sharing website Dailymotion from telecom operator Orange for 217 million euros ($236 million), the companies said on Tuesday.

The offer won the backing of a “large majority” of Orange’s board, ahead of a rival bid from German broadcaster ProSiebenSat.1, Orange chief Stephane Richard told a parliamentary economic affairs committee.

Apr 6, 2015

Vivendi offers Eur 250 million for most of Dailymotion: source

PARIS (Reuters) – French media group Vivendi has made a 250 million euro ($275 million) indicative offer for most of Dailymotion, the video-sharing website owned by French telecoms group Orange, a source said on Monday.

The source said that Orange’s board would meet on Tuesday to discuss Vivendi’s proposal, confirming a report by French daily Le Monde published on Monday.

Apr 6, 2015

Vivendi offers Eur 250 mln for most of Dailymotion-source

PARIS, April 6 (Reuters) – French media group Vivendi
has made a 250 million euro ($275 million) indicative
offer for most of Dailymotion, the video-sharing website owned
by French telecoms group Orange, a source said on
Monday.

The source said that Orange’s board would meet on Tuesday to
discuss Vivendi’s proposal, confirming a report by French daily
Le Monde published on Monday.

    • About Hyungwon

      "As a photojournalist for more than a quarter of century, Hyungwon Kang has been a witness to history. Kang has worked for Reuters, The Associated Press, Los Angeles Times and TIME Magazine. During his tenure in journalism, Kang has served as a Photographer, Photo Editor, Front Page Photo Editor, Photo Assignment Editor, and as a Manager of Photo Department. Currently, Kang works as Senior Picture Editor at Reuters Pictures North America Desk. Duties include assigning and editing of news, sports and feature coverage of the U.S. and Canada as well as participating in news coverage as needed."
      Joined Reuters:
      2001
      Languages:
      English, Korean, Spanish, Mandarin Chinese
      Awards:
      Pulitzer, 1993
      Pulitzer, 1999
    • More from Hyungwon

      Publications:
      "From the Streets to the Olympics, (Korea, Democracy and the 24th Olympiad, 1987-88)
      Art Space publications, 1989"
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