Author: Admin
Turkey’s Ceyhan oil port disrupted by temperature as earthquake injury assessed
A satellite picture displaying the port of Ceyhan centred on August 18, 2015 in Turkey. Gallo Photos | Gallo Photographs | Getty Images Adverse weather conditions ailments are obstructing loading operations at Turkey’s Ceyhan port, the place the influence of Monday’s immense twin earthquakes is still being assessed, in accordance to oil traders and transport […]
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What will TV look like in three years? These industry insiders share their predictions
Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes over as the primary way the world watches television. Still, the details of what’s about to happen to a transitioning industry are unclear. CNBC […]
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Goldman Sachs downgrades Tyson Foods, says poultry stock’s trajectory is uncertain after latest earnings
Goldman Sachs’ enthusiasm on Tyson Foods has cooled. Analyst Adam Samuelson downgraded the food producer to neutral from buy after Tyson’s latest quarterly report showed significant underperformance across the company — particularly its chicken segment. The company reported earnings per share of 85 cents for its first fiscal quarter, falling far below a StreetAccount consensus estimate […]
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Biden programs to go after social media and kids’ psychological wellbeing in SOTU speech
U.S. President Joe Biden speaks as he attends the DNC 2023 Wintertime Conference in Philadelphia, Pennsylvania, U.S., February 3, 2023. Elizabeth Frantz | Reuters U.S. President Joe Biden will consider goal at tech businesses and focus on information privateness and on the net security when he provides the annual State of the Union deal with Tuesday night, […]
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Bed Bath & Beyond lines up funding in a last-ditch bid to avoid bankruptcy
A Bed Bath & Beyond store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond will live to see another day – at least for now. The beleaguered home goods retailer is expecting to receive more than $1 billion in […]
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French lender BNP Paribas stories bumper gain for 2022, boosts stock buy plan
BNP Paribas noted Tuesday a 7% increase in internet money for 2022 and revised up its earnings targets. The French financial institution said internet earnings attributable to shareholders came in at 2.2 billion euros ($2.36 billion) for the fourth quarter, getting its entire-12 months financial gain figure for 2022 to 10.2 billion euros. Analysts had […]
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Hertz fourth-quarter profit beats as costs come down and travel rebounds
Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company also benefited from improved operating performance, CEO Stephen Scherr told CNBC, helping to boost earnings even as revenue came in roughly in line […]
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Credit Suisse upgrades Lockheed Martin, says earnings growth is poised to accelerate
Lockheed Martin can return to growth this year as the outlook for the defense sector strengthens, providing a “meaningful” opportunity for earnings to surprise to the upside, according to Credit Suisse. Analyst Scott Deuschle upgraded the arms company to outperform from underperform. Deuschle also raised his target price to $510 from $427, which implies shares […]
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Billionaire Tesla bull Ron Baron promised multiples on $100 million Twitter financial investment
Billionaire Ron Baron was promised he would make “two to 3 moments” his dollars when he invested $100 million in Tesla CEO Elon Musk’s just take-non-public offer for Twitter, Baron stated Tuesday on CNBC’s “Squawk Box.” Baron has extensive been bullish on Tesla, telling CNBC’s Becky Swift that Musk created Baron “$5 billion so significantly, […]
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State of the Union live updates: Biden faces stubbornly high inflation and divided Congress in yearly tackle
U.S. President Joe Biden speaks during a State of the Union address at the U.S. Capitol in Washington, D.C., U.S., on Tuesday, March 1, 2022. Saul Loeb | Bloomberg | Getty Images U.S. President Joe Biden will confront a divided Congress and stubbornly high inflation when he delivers the yearly Point out of the Union […]
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