Niklas Bjorkman wrote: Firstly I agree with your conclusion. NewSQL takes the best of the traditional databases and NoSQL databases to combine the benefits of both worlds. I do not agree that NewSQL vendors focus on giving scale-out features to transactional data. The NewSQL market is focusing on giving true ACID support combined with extreme performance, stepping away from the traditional relational structures in databases. A lot of developers appreciate the ease of accessing data using SQL and I think we will see more and more databases supporting standard SQL.
As you said - NewSQL databases often maintain the...
BUENOS AIRES, Argentina, Feb. 18, 2013 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (Nasdaq: CRESY, BASE: CRES), today announces results for the First Semester 2013 ended December 31, 2012.
HIGHLIGHTS
Net income for the first six months of 2013 amounted to ARS 176.7 million, compared to ARS 23.3 million in the same period of 2012.
Operating income for the first six months of 2013 reached ARS 556.9 million (+53.0% compared to the first six months of 2012) driven by the satisfactory performance of the Urban and Rural segments and the consolidation of the Madison Building, in New York, by IRSA.
The Agricultural segment recorded positive results, mainly due to the increase in crop prices observed during the period and the larger areas planted with sugarcane.
Through our subsidiary BrasilAgro we sold the "Horizontina" farm for a total amount of BRL 75.0 million. The farm's book value was BRL 46 million.
The Urban business, through our subsidiary IRSA, has generated very good results for our company. EBITDA during the first six months of this fiscal year reached ARS 666.0 million, 45.5% higher than in the first six months of 2012.
On October 31 past the Shareholders' Meeting approved the payment of cash dividends for ARS 120 million, equivalent to ARS 0.2417 per share (ARS 2.417 per ADR) which were made available to local shareholders in the month of November.
Financial Highlights (In thousands of Argentine Pesos) Period 6M 2013 Ended December 31, 2012
Income Statement
12/31/2012
12/31/2011
Agricultural Business Revenue
527,775
543,553
Agricultural Business Gross Profit
108,466
69,731
Urban Properties Revenues
1,164,933
945,423
Urban Properties Gross Profit
558,590
475,264
Consolidated Gross Profit
537,285
649,303
Consolidated Profit from Operations
556,924
364,029
Profit / (Loss) For the Period
176,718
23,321
Attributable to:
Cresud's Shareholders
60,760
-20,711
Non-Controlling interest
115,958
44,032
EPS (Basic)
0.12
-0.04
EPS (Diluted)
0.11
-
Balance Sheet
12/31/2012
06/30/2012
Current Assets
2,427,473
1,783,860
Non Current Assets
9,149,077
8,541,030
Total Assets
11,576,550
10,324,890
Current Liabilities
2,581,918
2,018,226
Non Current Liabilities
4,150,342
3,615,153
Total Liabilities
6,732,260
5,633,379
Non-Controlling Interest
2,291,320
2,132,648
Shareholders' Equity
2,552,970
2,558,863
About Cresud:
Cresud is a leading South American agricultural company with a growing presence in Latin American countries. Cresud is currently involved in a range of activities including crop production, cattle raising and milk production. Cresud's business model, which is being rolled out regionally in Latin America, taking into account the specific conditions of each country, focuses on the acquisition, development and exploitation of properties having attractive prospects for agricultural production and/or value appreciation and the selective disposition of such properties where appreciation has been realized.
Additionally, Cresud owns a 64.50% stake in IRSA Inversiones y Representaciones S.A., Argentina's largest, most well-diversified real estate company. Through its subsidiaries, IRSA manages an expanding top portfolio of shopping centers and office buildings, primarily in Buenos Aires. The company also develops residential subdivisions and apartments (specializing in high-rises and loft-style conversions) and owns three luxury hotels.
A longer version of this press release with detailed information is available on the web site: http://www.cresud.com.ar.
Cresud cordially invites you to participate in its First Semester 2013 Results Conference Call on Tuesday, February 19, 2013, at 12:30 PM Eastern Time
If you would like to participate, please call: United States: (888) 841-3494 International: +1-(706) 758-3350 ID# 92374062
Although I started with ColdFusion for application development, I did plenty brochureware sites with HTML. I believe the version was HTML 2.0 for IE 2.0. I lived in the browser world for years doing ColdFusion, ASP, and HTML sites. When winforms and Smart Client with web services...
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Although I started with ColdFusion for application development, I did plenty brochureware sites with HTML. I believe the version was HTML 2.0 for IE 2.0. I lived in the browser world for years doing ColdFusion, ASP, and HTML sites. When winforms and Smart Client with web services...
Compuware Corporation has announced the convergence of dynaTrace PurePath® Technology and the Gomez Performance Network, creating a powerful User Experience Management (UEM) solution. Compuware now offers a APMaaS solution that provides a complete UEM offering, including real-use...
The saying “if it doesn’t exist on the Internet, it doesn’t exist”[1] is ringing truer every day. Nowadays, it is hard to imagine most businesses without an e-commerce platform, let alone without a web presence at all. Since e-commerce is becoming the new standard, e-commerce per...
Service Component Architecture (shortly referred as SCA) is a technology for creating services from components. SCA is a set of OASIS standards and part of it is developed with the collaboration of vendors from open source community, referred as “OSOA” Open SOA. SCA helps to buil...
Boston-based Cloudant and its NoSQL distributed Database-as-a-Service (DBaaS), which have gone to the VC trough four times since the company was started in 2008, have gotten what appears to be their first real money to grow on: a $12 million B round led by Devonshire Investors, t...
