learningandfinance.com

Business

Coca-Cola: Philadelphia's tax on sweetened drinks is hurting

Coca-Cola European Partners plc (NYSE:CCE) last posted its quarterly earnings data on Tuesday, March 21st. In an overview of the current analyst recommendations, Buy count is 3 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 1 and 0, respectively.

Business

Alphabet sales surge despite YouTube controversy

But Google's results showed that controversy was little more than a speed bump for the company as quarterly profit climbed 29 per cent. The two behemoths represented 99% of the growth in the industry for digital advertising during 2016. They expected the company to deliver earnings of $7.39 per share on $24.22 billion based data compiled by Thomson Reuters. CFO Ruth Porat notes a "benefit from our ongoing investments in product innovation and have great momentum in our new businesses ...

Business

Treasury Secretary gets pressed on Trump's own returns

While the proposed tax cuts would please those helped by them, such as multinational corporations and wealthy taxpayers, Trump's package fell far short of the kind of comprehensive tax reform that both parties in Washington have sought for years.

Business

Mondi Plc Announces Dividend of €0.38 (MNDI)

The stock of Novae Group Plc (LON:NVA) has "Buy" rating given on Wednesday, August 3 by Canaccord Genuity. Weir Group (LON:WEIR) yesterday was the subject of a new research report issued by Numis Securities in which it was reiterated as "Hold" by analysts at the firm.

Business

Federal Appeals Court Sides With District Court, Blocks Anthem-Cigna Merger

In a call earlier this week with analysts, Anthem Chief Executive Joseph R. Swedish said that how the DE court evaluated the situation would depend on the outcome in the antitrust appeal, and the company would "have to judge our go-forward position based on the decision of the appeals court".

Business

Relief for YS Jagan Mohan Reddy as court refuses to cancel bail

Earlier, an interview of prime prosecution witness P Ramakanth Reddy, retired IAS officer and former chief secretary during YS Rajasekhara Reddy government, in Sakshi TV channel was heard by the court during the case hearing. He is accused of putting pressure on various individuals and firms to invest several crores in his businesses as a "quid pro quo" for favours bestowed on them during the tenure of his father YS Rajasekhar Reddy, who was Andhra Pradesh Chief Minister from 2004 to 2009.

Business

Sundar Pichai's Compensation Doubles From Last Year To US $200 Million

She described the results as "excellent" and claimed that the company had "great momentum in our new businesses across Alphabet ". The business, home to the Waymo self-driving auto, Google Fiber and thermostat-maker Nest, posted a first-quarter loss of $855 million.

Business

Samsung Enjoys 46 Percent Profit Spike Thanks To Surging Semiconductor Chip Sales

Most of the recalled Samsung Galaxy Note 7s were returned but the company had not decided what to do with them. Samsung's total semiconductor sales of 15.7 trillion won (about $13.9 billion) were up 40 percent year-over-year and 5 percent sequentially, the company said .

Business

Growth During First Quarter in U.S. Weakest in 36 Months

Government spending dropped at a 1.7 percent rate as defense outlays declined by 4 percent, the biggest drop since the fourth quarter of 2014. The Trump administration's first economic report card publishes Friday. For the first quarter, trade was actually a small positive after a major drag in the fourth quarter. A year ago the USA economy grew 1.6 percent, it's worst performance since 2011.

Business

Stephen Colbert Picks Apart GOP Plans For 'Zombie Trumpcare'

Donald Trump has officially been president for 100 days, and the late night hosts (we care about) all made a decision to mark the occasion by toasting to all his accomplishments thus far. "Maybe the president hasn't gotten a lot done in his first 100 days, but you know who has?" "Does he think he won the popular vote the first time? ", laughed Meyers.

Business

Televised leaders debate considered 'most important event' in BC election campaign

He also sits on the boards of the Vancouver Public Library and SUCCESS, and is very active in the Chinese community including a role as chair of the Chinese Cultural Centre of Greater Vancouver. Clark did her best to look strong, determined and in charge as she vowed to defend B.C. from Donald Trump. However, Werner Antweiler, an associate professor who teaches worldwide trade at the University of British Columbia's Sauder School of Business, said Clark's actions would violate North American ...

Business

USA softwood tariffs prompt NDP claim of "inaction" against Christy Clark

Then the NDP confirmed that its two senior election staffers, campaign director Bob Dewar and deputy director Glen Sanford, are contract employees of the United Steelworkers, hired and assigned to run the campaign. This morning, the Vancouver Sun is reporting that B.C. NDP Leader John Horgan won last night's televised leaders' debates, but only by a small margin.

Business

United States growth hits 3-year low in Trump's 1st quarter

Nominal spending grew at a 4.5 percent rate, somewhat faster than the 3.0 percent rate of nominal GDP growth in the quarter. They are forecasting growth this year around 2.2 percent. The median forecast in the Bloomberg survey called for 0.9 percent, and purchases added 0.23 percentage point to first-quarter growth. Even so, the weakness at vehicle dealers could weigh on expansion, and further gains in business investment could depend on the extent of policy support such as tax cuts.

Business

Google Cloud, Google Sales, Made For Strong Alphabet Q1

Revenue from its Google Other unit, which includes Pixel smartphone, Play Store and cloud business, rose 49.4 percent to $3.10 billion. In the first quarter, Google's "other revenues" hit $3.1 billion in revenue , up from around $2.1 billion in the same quarter a year earlier .

Business

Amazon Delivers Blowout Q1 Earnings, Stock Soars After Hours

Amazon continued to report massive losses from its worldwide business through a year ago. After markets closed Thursday, Amazon reported $35.7 billion in revenue and earnings of $1.48 a share for the three months ended December 31, compared with the $29.1 billion in revenue - a 23 percent bump, year-over-year - and earnings of $1.07 a share the company reported in the corresponding period last year.

Business

President Trump, Sen. Strange address NRA in Atlanta

During his campaign, he promised to do away with President Barack Hussein Obama's efforts to strengthen background checks and to eliminate gun-free zones at schools and military bases. The NRA was one of the first special interest groups to throw its support behind Trump during last year's election campaign. It is well documented that when gun owners feel their 2nd Amendment rights are threatened, gun sales skyrocket.

Business

Alphabet paid Google CEO Sundar Pichai $200M in 2016

According to Alphabet's CFO, Ruth Porat, the positive numbers can be attributed to "ongoing investments in product innovation" which have translated into "great momentum in our new businesses across Alphabet". Advertisers that froze spending on YouTube and Google ad networks included including AT&T, Verizon, Dish Network, Starbucks and JP Morgan Chase. Pichai said both devices were "well received" by consumers, but didn't comment further.

Business

United States oil inventories rise; oil prices slip further

Libya's Sharara oil field, with a production capacity of nearly 300,000 barrels per day (bpd), has restarted after the end of protests by an armed group that had blocked pipelines there, a Libyan oil source and local official said on Thursday.

Business

GM quarterly profit jumps on strong US truck, crossover sales

The results demonstrate that GM will "continue to strengthen the core business, generate the best possible return for our owners and then continue to execute with a huge sense of urgency on the transformative technologies that are really going to allow us to have a leadership position", Chief Executive Officer Mary Barra told analysts on a conference call.

Business

Not Terminating NAFTA, for Now: President Trump

Trump said if he had made a decision to sign an order within days announcing an intent to withdraw from NAFTA, it would have represented a "pretty big, you know, shock to the system". "It shows that I do have a very big farmer base, which is good", Trump recalled. "They should reasonably be able to expect that others are also going to play by the rules", said Tom Vilsack, president and CEO of USDEC.

Business

YouTube ad boycott could spell trouble for Alphabet's Google

The company reported revenue of $24.7 billion-its second largest quarter ever-a 22% increase over last year's first quarter. Google's ad revenue, which accounts for the lion's share of its business, rose 18.8 percent to $21.41 billion in the first quarter.

Business

Passenger dragged from plane reaches settlement with United Airlines

Thomas Demetrio, Dao's attorney, said he lauded United CEO Oscar Munoz. If you'll recall, and you may need a refresher since this happened light years three weeks ago, Dao was selected to exit his United Airlines flight to make room for the crew in an overbooking situation.

Business

President Trump, how will your tax plan spur economic growth?

Treasury Secretary Steve Mnuchin said of the tax: "We don't think it works in its current form". Tax reform was going to be an important issue in the Trump administration, but something has stopped him short. McMahon said there was no way to predict what tax plan will eventually emerge from Congress, but if Trump's proposal were enacted, NY would not see as big of a cut as many other states.

Business

Senate confirms Acosta as labor secretary

Acosta stated that the DOL overtime final rule, which would have raised the salary threshold for receiving mandatory overtime from $23,660 to $47,476 a year, went well beyond a cost of living adjustment. Acosta will succeed Democratic Party boss Tom Perez as secretary of labor. "Acosta comes to his cabinet post with significant federal experience, which is critical, given the challenges and opportunities in the areas of jobs and workforce development".

Business

Oil and Gas: Trump to sign order aimed at expanding offshore drilling

With one day left to rack up accomplishments before he reaches his 100th day in office, Trump ordered his interior secretary to review an Obama-era plan that dictates which locations are open to offshore drilling, with the goal of the new administration to expand operations.

Business

There will be a "big announcement" on tax reform Wednesday

Mnuchin said at the Monday White House news briefing: "The tax reform will pay for itself ". Commerce Secretary Wilbur Ross said that the combination of changes on taxes, trade and regulations being pushed by the administration would accelerate the pace of economic gains.

Business

Trump's faulty trade math may not make America greater, or richer

Trump's scorn toward multinational trade deals, part of his nationalist political message, appeals to Americans who feel such pacts have cost Americans jobs. "As farm income continues to fall to its lowest level since 2009, we urge your immediate attention both to securing and to maintaining solid and fair trade agreements that bring the benefits of agricultural trade to our struggling farm economy".

Business

Braun, Brewers thump Reds to complete sweep

Thames, who returned to the majors this season after playing in South Korea for three years, felt the tug on his left hamstring five days ago, but played through the discomfort. The Brewers outscored the Reds 53 to 26 so far this season. "The schedule for every team presents challenges", Counsell said. They've also lost four of their last five contests versus right-handed starters and are just 1-4 in their last five games coming off a loss.

Business

Unused drug collection event in Meyersdale

April 29. In the fall, the Sheriff's Office collected about 45 pounds of prescription drugs during Take Back Day, though lately the office has had additional successes participating in more localized initiatives. "If you have medicines that you're no longer using, they're old prescriptions, they're old over-the-counter drugs-get rid of them", said Winooski Officer Derrick Kendrew.

Business

Christy Clark says province will buy lumber to protect BC mills

Softwood trade has always been an irritant between the two nations and was expected to flare up again after a deal that limited Canada's share of the USA market expired in 2015. We hope an agreement can be worked out with the Canadian government to make it easier to import American milk. Instead, she pointed out that Canada has won every court case on lumber against the United States, suggesting the tariffs would be challenged in court.

Business

U.S. regulator wants to reverse net neutrality

Pai claims that internet openness was already protected prior to the classification of broadband service under Title II. The previous FCC effort to write net neutrality rules had drawn a record outpouring of more than 4 million public comments.

Business

B.C. leaders get personal during election debate 2017

Christy Clark has been a disaster and we are calling her out", says Hunt. "When I see a premier fight with teachers and make it more hard to learn in classrooms for kids - a generation of kids - I get angry and I think B.C.ers do as well".

Business

Exxon's Russian drilling waiver request shot down by Trump

The Department of the Treasury, in consultation with President Donald Trump, announced it was rejecting waiver requests from Exxon and other companies looking to restart Russian operations disrupted by worldwide sanctions. Exxon's critics said that if the Trump administration approved Exxon's request, which was reported first by The Wall Street Journal , then Congress should block it on environmental and national-interest grounds.

Business

Britons to be hit by 'Australia first' working visa clampdown

Turnbull. The Australian ambassador to Ireland says skilled Irish people will continue to be welcome in Australia despite the scrapping of the 457 visa programme. A second four-year visa will require a higher standard of English language skills as well as a proper criminal check. He also said, " we must ensure that our citizenship program is conducted in our national interest ".

Business

Arkansas execution delayed as Supreme Court refuses to overrule state court

Arkansas , which last carried out an execution a dozen years ago, has sought to resume capital punishment this month with a plan that originally called for putting eight inmates to death by lethal injection in 11 days. Asa Hutchinson said they would be able to procure a supply for the executions. The motion, filed Tuesday in Pulaski County Circuit Court, requests that Virginia-based McKesson Medical-Surgical Inc.'s case be transferred to Faulkner County Circuit Court.


Begin ← Back 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 Forward → End