ECONOMIA

Walmart Cancels ShippingPass, Free Shipping Program

Walmart Cancels ShippingPass, Free Shipping Program Lore's comment might be seen as a dig at Amazon which doesn't share information on how many Prime subscribers it has worldwide, but by some estimates the program brings in over $3 billion in revenue and tips Amazon's operating profit from the red to the black. Continua a leggere...

India Sees Highest Domestic Air Passenger Growth In 2016

India Sees Highest Domestic Air Passenger Growth In 2016 Middle Eastern carriers experienced a 6.9 per cent increase in demand for air freight during 2016, significantly slower than the 12 per cent average annual rate over the past 10 years, according to Iata. In Asia Pacific growth was +8.3%, the second-fastest increase among the regions. African airlines had their best growth performance since 2012, up +7.4%. Continua a leggere...

Bank of England raises United Kingdom growth forecast again to 2% for 2017

The Bank upgraded its 2017 growth forecast from 1.4 per cent to 2 per cent, the same rate as previous year, putting it on course to beat the eurozone once again. However, the Bank still sees the economy slowing in 2018, when it expects growth of 1.6%. Any increase in the inflation forecast would increase market speculation that the Bank will move at some point to a tighter monetary policy. Continua a leggere...

Russia Could Cut Oil Production at Faster Pace - Energy Minister Novak

Russia Could Cut Oil Production at Faster Pace - Energy Minister Novak Trading of Brent crude had not started. Instead, they have reduced deliveries to Europe and the Americas as they implement a coordinated agreement to cut supply by about 1.8 million barrels per day ( bpd ), seeking to reduce a global supply glut and lift oil prices. Continua a leggere...

Amazon plans $1.5b air cargo hub in Kentucky

Amazon plans $1.5b air cargo hub in Kentucky The Boeing 767-300, operated by all-cargo carrier Atlas Air, is one of 16 dedicated aircraft now in service for the company. The company now leases 40 planes to service Amazon Prime members. The company said it plans to offer job opportunities at any Amazon site across the U.S.to those involved in the package sortation that now takes place at its facility in Wilmington Air Park, about 50 miles nor... Continua a leggere...

Bank of England faces Brexit balancing act

The British pound traded above $1.27 on Thursday as investors awaited the Bank of England's (BOE) inflation forecast and monetary policy decision. The Bank is likely to say on Thursday that it now expects economic growth of about 1.7 or 1.8 percent this year, according to various private economists. Continua a leggere...

Plans for £1bn Greenwich Peninsula development

Plans for £1bn Greenwich Peninsula development Mr Calatrava , the Zurich-based designer of the Athens Olympic Park and the new World Trade Centre transport hub in NY, is famous for "neo-futurist" designs, but also notorious for cost overruns on some of his projects. In designing this scheme, I have been inspired by London's rich architectural heritage and the very special geography of the Peninsula. At least 3,930 of the new housing will be c... Continua a leggere...

Volkswagen chiude in Usa con altri 1,2 miliardi di dollari

La cifra è stata pattuita dal colosso teutonico con le autorità a stelle e strisce, ma qualora gli organi regolatori non dovessero accettare la somma, il conto totale potrebbe toccare quota 4 miliardi di Dollari . Si tratta non solo di veicoli marchiati Volkswagen , come la Touareg, ma anche di Audi A6, A7, A8, A8L, Q5 e Q7, e di Porsche Cayenne. 1,26 miliardi di Dollari. Continua a leggere...

Monashee Investment Management LLC Invests $19008000 in Anadarko Petroleum Corporation (APC)

Monashee Investment Management LLC Invests $19008000 in Anadarko Petroleum Corporation (APC) Anadarko Petroleum Corporation had a negative return on equity of 10.73% and a negative net margin of 50.51%. Revenue rose 16.3% to $2.39 billion, with oil sales jumping to $1.45 billion from $1.16 billion. GAM Holding AG now owns 78,320 shares of the oil and gas development company's stock worth $4,171,000 after buying an additional 989 shares during the last quarter. Continua a leggere...

Drilling Down Into Sirius XM Holdings Inc. (SIRI)

The stock has been active on the tape, now trading at $4.76, up from yesterday's close by 0.21%. EPS measures what each share is worth and also indicates how much money their sharehoders would gain if the company was to pay out all of its profits. Continua a leggere...

Subscribers rise as ad revenue drops at NY Times

Subscribers rise as ad revenue drops at NY Times That offers some room for optimism as the newspaper seeks to shift further to digital and get more revenue from subscribers and online advertising. Digital advertising sales, meanwhile, grew 11%, thanks to improvement in smartphone, marketing services, branded content and programmatic advertising, which helped offset stress on the legacy parts of digital advertising. Continua a leggere...

Budget 2017: Amaravati farmers get Budget bonanza

Budget 2017: Amaravati farmers get Budget bonanza Speculators and realty developers, who purchased huge tracts of land in the region to cash in on the demand following the announcement of the capital and eventually pooled it to the CRDA, may, however, not be able to derive the tax benefit as Jaitley stipulated that it would be available only to those who owned lands as on June 2, 2014, the day AP was formally divided and Telangana came into exist... Continua a leggere...

Maran brothers cleared of all charges in Aircel-Maxis case

Maran brothers cleared of all charges in Aircel-Maxis case However, Maran's legal counsel contradicted the claims of ED and CBI, arguing that Sivasankaran was looking to sell his stakes since 2005, whereas, the Aircel-Maxis merger was inked only in 2006. "I have no hesitation in recording no prima facie case warranting framing of charge against any of the accused is made out". Dayanidi refuted the charge quite strongly as well. Continua a leggere...

Tata Sons' Madhu Kannan joins Uber

Tata Sons' Madhu Kannan joins Uber Since then, Kannan had been assisting Mistry in the battle against Tata Group, including its interim chairman Ratan Tata. In mid-January, Kannan said that he was open to 'exploring opportunities in India and overseas'. "As a key member of Uber's regional leadership team, Madhu will be responsible for growing Ubers business in India as well as across new emerging markets in the Asia Pacific regio... Continua a leggere...

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) predictive Earnings Analysis

The Market Capitalization of the company stands at 57.52 Billion. Equities analysts predict that Twenty-First Century Fox, Inc. will post $1.92 earnings per share for the current fiscal year. The Return on Investment (ROI) is at 9.1% while it's Return on Equity (ROE) value stands at 20.6%. WARNING: This piece of content was reported by The Cerbat Gem and is the property of of The Cerbat Gem. Continua a leggere...

Tupperware Brands Corporation (TUP) Announces Earnings Results

Tupperware Brands Corporation has 50,561,000 shares in issue which have a share price of 60 giving Tupperware Brands Corporation a market capitalisation of 3.03B Dollars. now owns 170,311 shares of the company's stock valued at $11,132,000 after buying an additional 37,971 shares in the last quarter. The disclosure for this sale can be found here. Continua a leggere...

Ralph Lauren boss Stefan Larsson to step down

The announcement came as Ralph Lauren reported third-quarter results that showed the company was making some inroads. But sales continue to fall, and that's a problem that Larsson has been unable to fix. Lauren says the decision to part ways is mutual. "I'm trusting my baby with him, and my baby has to grow up", Lauren said. The company said a search was being conducted for a new chief e... Continua a leggere...

Sterling hits seven-week high before Bank of England statement

The growth upgrades are due to a "relaxed United Kingdom fiscal stance" and "momentum in the global economy", said the BOE. The Bank of England is tasked with tracking inflation. The BOE still believes growth will slow as Brexit negotiations begin, predicting GDP growth of 1.6% in 2018 and 1.7% in 2019. In the fourth quarter of 2016, it expanded at a quarterly rate of 0.6 percent - making it one o... Continua a leggere...

Citrix Systems, Inc. (NASDAQ:CTXS) Shares Are Reiterated With Buy Rating

Citrix Systems, Inc. (NASDAQ:CTXS) Shares Are Reiterated With Buy Rating The company has a market capitalization of $11.27 billion, a price-to-earnings ratio of 20.89 and a beta of 1.63. Citrix Systems closed down -19.95 points or -21.88% at $71.24 with 57,60,295 shares getting traded on Wednesday. The share price is now -22.24 percent versus its SMA20, -20.96 percent versus its SMA50, and -17.13 percent versus its SMA200. Mizuho reissued a "neutral" rating and set... Continua a leggere...

Philly chain joins with CBS Radio, will be #2 in US

Philly chain joins with CBS Radio, will be #2 in US But in yet another turn for storied yet stagnant CBS Radio, CEO Leslie Moonves secured a merger with Entercom Communications (ETM) to create the second-largest radio station owner in the country by revenue. The combined company's pro forma revenue on a 12-months basis is approximately $1.7 billion, which would make it the second-largest radio station owner in the US, the firms said. Continua a leggere...


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