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According to The Wall Street Journal on Wed Dec 16, “The share of Black executives is back down to 8%, according to company data. “, “Though the company didn’t admit the allegations had merit, Steve Bucherati, the soda giant’s first director of workplace fairness after the lawsuit, said the facts were irrefutable.” Hero motocorp to increase prices by up to rs 1,500 from January 2021. According to Bloomberg Quint on Wed Dec 16, “Two-wheeler market leader Hero MotoCorp Ltd. “, “The increase will vary across models, and the exact quantum will be communicated to our dealers in due course,” it said.” Lamborghini CEO sees stable sales next year after virus hit.
OPEC cuts demand forecast before meeting to review supply hike. According to Bloomberg Quint on Mon Dec 14, “The alliance is currently idling 7.7 million barrels a day, or about 8% of global output. “, “That’s 1.2 million below the level required on average during the first quarter, and 2.4 million less than what’s needed in the second quarter.” Elliott management nominates independent, highly qualified trustee candidates to the board of public storage. According to Business Insider on Mon Dec 14, “That is why, while the new Trustees represent a step in the right direction, real change needs to come in consultation with shareholders to have credibility with investors. “, “This work has informed our views on multiple areas PSA can improve, and we believe that the current management team – along with a refreshed, independent Board of Trustees – can form a plan to address PSA’s underperformance.” Dow futures point to 250-point gain with covid vaccinations set to begin in U.S..
Shared Mobility Poised to Make a Comeback After COVID-19
Island-hopping drones to help bridge vaccine equality divide. According to Bloomberg Quint on Sun Dec 13, “Late Friday the U.S. Food and Drug Administration granted emergency authorization for the vaccine developed by Pfizer Inc. and BioNTech SE. “, “They designated an area for truck parking and outlined traffic patterns to avoid congestion for payloads with a short expiration date.” Bharti infratel gets roc nod for change of name to indus towers post mega merger. EU calls on China to allow bloomberg news staffer legal access. According to Bloomberg Quint on Sun Dec 13, “Fan has previously worked with CNBC, CBS News, Al Jazeera and Thomson Reuters. “, “The EU also expressed concern about other Chinese journalists and citizens who have disappeared this year, including for reporting on the Covid-19 outbreak.”
Huntington bancshares, TCF financial agree to combine in all-stock merger. According to Business Insider on Mon Dec 14, “TCF also recently announced a $1 billion commitment over five years to support minority-owned and female-owned small businesses, which will be added to Huntington’s commitment.”, “Estimated cost savings of the combined company are approximately $490 million, or 37% of TCF’s noninterest expense.” According to Bloomberg Quint on Sun Dec 13, “The projected exports are expected to cover 25% of Iran’s budget for the year ending March 2022, Qaderi said, a sign the government is planning to reduce its dependence on income from oil.”, “Iran’s crude production has almost halved to 1.9 million barrels a day since U.S. President Donald Trump withdrew from a nuclear deal with the Islamic Republic in 2018 and tightened sanctions.”
According to Business Insider on Tue Dec 15, “London and large parts of the areas around the capital will fall under the government’s Tier-3 rules. “, “The rate was up from 4.8% in the three months to September, reflecting how things are only getting worse, even without taking into account the full lockdown that was in effect for November and before the latest round of restrictions that come into force this week.” IEA sees crude glut enduring to end-2021 amid strained demand. According to Bloomberg Quint on Tue Dec 15, “The 23-nation network has made vast production cutbacks to offset the slump in consumption, and earlier this month agreed to scale back plans for restoring the idled supply. “, “”The market remains fragile,” it warned.” Wisconsin supreme court tosses trump bid to invalidate votes. According to Bloomberg Quint on Mon Dec 14, “The U.S. Supreme Court on Friday rejected a Hail Mary suit brought by Texas to flip the election to Trump.”, “Trump, along with Vice President Mike Pence, should have brought their claims much sooner instead of waiting weeks after the Nov. 3 election, the Wisconsin Supreme Court said in a 4-3 decision Monday.”
The rising cost to feed animals is squeezing meat producers. According to Bloomberg Quint on Mon Dec 14, “The combination has pushed Brazilian meat prices to another level, according to Ricardo Santin, head of the meat exporter group ABPA.”, “The company, which also raises the majority of its pigs, reports fourth-quarter earnings on Dec. 17.” Netherlands to impose strict five-week lockdown to battle covid. According to Bloomberg Quint on Mon Dec 14, “The new measures will come on top of a partial lockdown in place since the middle of October that forced bars and restaurants to halt operations. “, “The number of coronavirus patients in hospitals rose by 105 in the past day, taking the total to 1,872.”
Preferred Bank And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity
According to Bloomberg Quint on Thu Dec 17, “The improved performance in the third quarter reflects a gradual return to normalcy after authorities began lifting coronavirus lockdowns from May. “, “The world’s largest crude exporter is facing a dual crisis this year as the pandemic and lower energy prices combine to strain its finances and the private sector.” Private equity offers survival tactic to fund industry in crisis. According to Bloomberg Quint on Thu Dec 17, “That gap has since exploded to $285 billion through October, according to Morningstar Inc. data.”, https://cryptolisting.org/ “That’s on top of the 45% it returned last year.” Morgan stanley, nomura say it’s time to bet on dubai tourism. According to Bloomberg Quint on Thu Dec 17, “At the same time, Hasnain Malik, the Dubai-based head of equity strategy at Tellimer, struck a note of caution, predicting a “stuttering process” of recovery. “, “The rollout of Covid-19 vaccines, a thaw in relations with Israel and Qatar, and the rescheduled Expo 2020 exhibition will benefit the Gulf Arab emirate, the strategists say.” Georgia tells judge GOP runoff suit based on ‘theoretical fears’.
According to Bloomberg Quint on Thu Dec 17, “The bank signaled that significant uncertainty remains, as the pandemic deepens its grip across Europe.”, “This year, the government withdrew record sums from its $1.2 trillion wealth fund, the world’s biggest, forcing the investor to liquidate assets to provide the necessary cash.” South African stocks climb to 2018 high with index above 60,000. According to Bloomberg Quint on Thu Dec 17, “The benchmark FTSE/JSE Africa All Share Index gained 1.5% to 60,353 at 10 a.m. in Johannesburg, with miners, banks and retailers prominent among gainers. “, “Foreigners were net purchasers of South African stocks for an eighth day Tuesday, buying 629 million rand ($43 million) of shares, according to exchange operator JSE Ltd.” Europe car sales fall 14% on drags from stricter virus measures. According to Bloomberg Quint on Thu Dec 17, “The industry figures add to signs carmakers are in for a tough winter even as the looming arrival of vaccines stokes market optimism. “, “The data still underline the risk the virus poses to a backbone industry of many major economies in the region and the limits of stimulus measures that have vitalized demand for electric vehicles.”
Cranswick withdraws from acquisition process for inspired pet nutrition. According to Business Insider on Thu Dec 17, “L) Thursday confirmed that it has withdrawn from the acquisition process for Inspired Pet Nutrition Limited. “, “The company did not provide any reason for the withdrawal.” According to Bloomberg Quint on Thu Dec 17, “ETFs in Vogue”, “The rising tide has lifted all asset prices.” Green boom’s hottest trade in 2021 May turn out to be utilities. According to Bloomberg Quint on Thu Dec 17, “Turbine maker Vestas Wind Systems A/S has almost doubled in value, while U.K. electric company SSE Plc is up less than 3%.”, “Still, while 2021 may involve a “bumpier ride” for renewables, valuations for Vestas, Orsted and peers aren’t likely to slide as their business growth forecasts are so positive, Whitehelm Capital’s Tonkin said.” The biggest trials coming to courts around the world in 2021.
- Treasuries move back to the downside amid optimism about stimulus.
- According to Business Insider on Thu Dec 17, “The Mist Health Systems formulation team is headed by an iconic 40-year veteran of nutrition and the founder of thesports and performance nutrition. “, “The company works directly with clients to produce exclusive gummi vitamin recipes as well as manufacturing, bottling, labeling, and order fulfillment overseen by industry experts.”
- The company’s growth estimates for the ongoing quarter and the next is 74.3% and 41%.
- According to Bloomberg Quint on Wed Dec 16, “Orders are piling up to a degree that the Volkswagen AG unit should at least match this year’s sales performance, unit chief Stephan Winkelmann said Wednesday in an interview with Bloomberg TV.”, “The executive declined to comment on the details of planned models.”
- According to Business Insider on Sat Dec 19, “”The only way you can have a distributed workforce and a hybrid work environment is through Zoom,” Jaluria said. “, “That was after 355% and 169% revenue growth in the quarters before.”
Pentagon erred in relief loan to firm, oversight member says. According to Bloomberg Quint on Sat Dec 19, “Congress may have given too much leeway to the Treasury Department and Pentagon to make loans during the pandemic, putting taxpayer dollars at risk, a member of a congressional oversight panel said.”, “The oversight panel has raised concerns that YRC, which ships supplies between military bases, doesn’t meet that criteria.” According to Business Insider on Sat Dec 19, “The organization can deliver 25 million tests per month, and the assay separates sample collection and processing, enabling test providers to leverage the existing infrastructure and workflows.”, “The new Access SARS-CoV-2 Antigen assayis one of the first cost-effective high-quality, high-throughput COVID-19 test available in the U.S. with the volume, workflow and scalable flexibility needed to help fight the COVID-19 pandemic.”
5% sales growth and 24.45% return on equity
Wells fargo to sell student loan book to apollo, blackstone. According to Bloomberg Quint on Sat Dec 19, “The lender was expected to receive second-round bids for its asset management arm on Friday, Dow Jones reported.”, “The loan portfolio will be serviced by Nelnet Inc., a student-loan servicing firm, according to the statement.” Mobile game maker playtika files for IPO with growing revenue.
According to Business Insider on Tue Dec 15, “The Indonesia stock market has tracked higher in back-to-back sessions, climbing almost 80 points or 1.4 percent along the way. “, “The lead from Wall Street is uninspired as stocks opened higher on Monday, although the Dow and the S&P were unable to hold their gains and ended in the red.” Europe deals overtake 2019 as astra adds to blockbuster quarter. According to Bloomberg Quint on Mon Dec 14, “The government has said it plans to adjust its annual emissions cap to support the goal to effectively eliminate pollution by 2050. “, “”An ETS will provide a clear and predictable low carbon pathway for business, and opens up the possibility of linkage to other jurisdictions, which can move the world one step closer to a global carbon pricing system,” said Adam Berman, EU policy director at the International Emissions Trading Association.” Comviva and ooredoo Kuwait form strategic partnership to deliver machine learning driven CVM campaigns.
2% sales growth and 5.95% return on equity
According to Business Insider on Fri Dec 18, “The Government of Canada assistance will focus more specifically on equipment to design and manufacture two demonstration units for Automatech Robotik’s marketing partners, leading to the creation of two jobs.”, “To establish technological showcases, it must provide robotic cells that can serve as demonstration units.” Olive garden CEO says ‘thank you to taylor swift’ after the singer name dropped the chain on her new album, ‘evermore’. According to Business Insider on Fri Dec 18, “”Just think about what happened last week when Taylor Swift dropped the song with Olive Garden in it, and how we were able to capture that socially and create buzz around that,” Lee said. “, “They did a fantastic job, to be able to make that relevant,” Lee said of Olive Garden’s response to “No Body, No Crime” on Friday.” Supreme court tosses out challenge to trump census count plan. According to Bloomberg Quint on Fri Dec 18, “Trump is trying to change more than two centuries of practice in a nation that has always counted non-citizen residents, even those in the U.S. illegally.”, “The U.S. Supreme Court threw out a challenge to President Donald Trump’s bid to exclude undocumented immigrants from the census count, saying opponents will have to wait to see whether the effort succeeds and affects the allocation of congressional seats.”
First hiccups seen in U.S. push to deliver Covid-19 vaccine. Massachusetts to file a complaint against robinhood, WSJ says. Altice raises take-private bid to appease hedge fund rebels. According to Bloomberg Quint on Wed Dec 16, “The Dutch Enterprise Chamber was set to hold a court hearing on Dec. 23.”, “”This revised offer represents a significant increase in price, demonstrating that the company and its independent directors recognize the inherent value of Altice Europe stock,” Lucerne said in an emailed statement.” According to Bloomberg Quint on Wed Dec 16, “The funding situation, IIFL said, is unlikely to improve in the near term as global liquidity is unlikely to flow into the residential space. “, “”If we consider a seven-year horizon to gauge price growth across cities and markets, average property prices in the top seven cities saw close to a 14% jump,” Prashant Thakur, director and head of research at the property consultant, said in a note.” Bangladesh plans export revamp as it aims to dump ‘least developed country’ status.
According to Bloomberg Quint on Thu Dec 17, “The next Gulf Arab summit will be held in Saudi Arabia on Jan. 5, Kuwait’s foreign minister said in a statement Thursday.”, “Talk of a potential breakthrough began to circulate earlier this month following a visit from President Donald Trump’s son-in-law Jared Kushner to the region.” Modeling agent brunel detained in France as part of epstein case. According to Bloomberg Quint on Thu Dec 17, “The man was detained at the Paris Charles de Gaulle airport as he was about to board a plane to Dakar, according to a person familiar with the matter.”, “Agence France-Presse reported on the detention of Brunel earlier on Thursday.” Legendre invests in and builds new housing project in bermondsey, london. According to Business Insider on Thu Dec 17, “The building also features a secure by design standard and it is also fully sprinklered.”, “”For this project and many others we rely on our in-house engineering hub composed of 70 engineers to find innovative technical solutions for our clients and our partners in terms of Structure, Methods, Building envelope, in data and digital construction,” explained Thomas VANDECASTEELE.”
The lucrative lives of professional christmas decorators, who charge as much as $80,000 to deck a house’s halls and say business is booming this year. According to Business Insider on Sat Dec 19, “This season, Johns reports that average amount clients spent per home jumped by about about $400. “, “This year’s bump in business, according to Johns, is because some households have extra funds that they might have spent on travel were it not for the coronavirus pandemic.” Trump downplays huge hack, floats China as possible culprit. Sleep-tracking ring oura is beloved by some of the biggest names in tech.
According to Bloomberg Quint on Tue Dec 15, “Trade deficit during the month narrowed to $9.87 billion as imports too declined by 13.32% to $33.39 billion, the data showed.”, “Trade deficit stood at $42 billion for the first eight months of the fiscal as compared to $113.42 billion in the same period last year.” Central banks preach green with decisive actions yet to come. According to Bloomberg Quint on Tue Dec 15, “Twenty-six central banks representing 51 countries participated in the poll.”, “That’s according to a separate survey the NGFS presented Tuesday.” New york fed factory gauge falls to four-month low in December. According to Bloomberg Quint on Tue Dec 15, “The Federal Reserve Bank of New York’s general business conditions index decreased to 4.9 from 6.3 a month earlier, according to a report Tuesday that fell below estimates in Bloomberg’s survey of economists. “, “The index indicated little growth in activity for Empire State producers, though it held above zero, the line between expansion and contraction, for a sixth-straight month.” According to Bloomberg Quint on Tue Dec 15, “U.S. Sanctions Turkey’s Arms Industry, Spares Banks, Economy “, “”With or without sanctions, Turkey will continue to protect its national interests, develop its own defense industry and work with other nations as a sovereign country,” Kalin said in a statement in response to U.S. sanctions over Turkey’s acquisition of a Russian missile-defense system.”
According to Business Insider on Tue Dec 15, “Denmark’s producer prices declined in November, mainly due to a fall in prices of energy supply and raw material extraction and industry, figures from Statistics Denmark showed on Tuesday.”, “The producer price index fell 2.6 percent year-on-year in November.” Toxic spills in Venezuela offer a bleak vision of the end of oil. According to Bloomberg Quint on Tue Dec 15, “”The level of neglect has been brutal,” said Raul Gallegos, a Bogota-based director at Control Risks, an international consulting firm. “, “”They should have replaced them a long time ago,” he said.”
According to Bloomberg Quint on Sat Dec 12, “The news gives Soriot a chance to focus on something other than the company’s experimental coronavirus vaccine. “, “The combined companies should have a dozen blockbuster drugs — those with more than $1 billion in sales — by 2023, up from nine as of 2019, CFO Dunoyer said on a call.” Why the record-shattering stock market will only get cheaper evulus token as gains continue, according to one wall street chief strategist. According to Business Insider on Sat Dec 19, “The benchmark’s trailing 12-month price-to-earnings multiple currently sits at around 28.7, an elevated level that’s nearly as high as during the dot-com boom. “, “Traders should focus more on the ratio’s components than its current reading, Paulsen said in a note.”
According to Bloomberg Quint on Tue Dec 15, “The suspension of the bloc’s “use-it-or-lose-it” slot rule earlier this year marked the first such regulatory relief in more than a decade.”, “The EU earlier this year suspended the obligation for eight months until Oct. 24.” According to Bloomberg Quint on Tue Dec 15, “The Road Haulage Association, an industry lobby group, says a number of EU hauliers aren’t taking bookings for deliveries to the U.K. in January. “, “The government blames companies for not doing enough to prepare for the new customs checks and paperwork that will be needed after Dec. 31.” Government extends deadline for completing GST anti-profiteering probe till March 2021. According to Bloomberg Quint on Tue Dec 15, “Section 171 of GST Act deals with anti-profiteering measures.”, “EY Tax Partner Abhishek Jain said the government has further extended timeline for anti-profiteering authorities to complete their investigations, and as such any investigation required to be closed by DGAP by Nov. 30, 2020 can now be completed up to March 31, 2021.”