On Friday, in a statement the World Travel and Tourism Council said, according to its estimated, China’s coronavirus which has gone pandemic is likely to place 50 million jobs in the global travel and tourism sector at risk; it foresees… Read More ›
estimate
Petrobras loses $2 billion tax dispute
In a statement, Brazil’s state-run oil firm Petrobras said, it has lost an appeal over $2.14 billion (9 billion reais). The case relates to a tax dispute which dates back to 2011 and 2012. Petrobras said, it will stick to… Read More ›
U.S. shoemaker Skechers USA Inc’s future earning estimates offer huge growth potential
As per a report from Barron, a financial newspaper, shoemaker Skechers USA Inc is likely to report an earnings growth on par with Nike Inc over the next three years. According to analysts’ estimate, Skechers’ earnings-per-share is likely to rise… Read More ›
Cost overruns raises cost of 6 nuclear power plants in France to 46 billion euros
On Saturday, French newspaper Le Monde stated, according to an estimate by EDF, a power utility, it would cost at least $51 billion (46 billion euros) to build six of its latest generation EPR nuclear reactors, if the French government… Read More ›
45% chance of a Hard Brexit: Goldman Sachs
With Boris Johnson emerging as Britain;s next Prime Minister, he will have just over 3 months to deliver on Brexit. On Tuesday, Goldman Sachs raised its estimate of Brexit from 35% to 40% saying the “hurdle” to stop a hard… Read More ›
Nvidia’s second quarter forecasts above analysts’ estimate
Nvidia’s second quarter forecasts is based on expectations of a recovery in the gaming market. The mid-end gaming segment continues to be its growth driver. Nvidia Corp has forecast its second-quarter revenues above Wall Street estimates as it expects the… Read More ›
BlackRock quarterly profit beats average analysts’ estimate
While BlackRock posted a net income of $6.61 per share, in the three months ended March 31, analysts had expected a profit of $6.13 per share, according to IBES data from Refinitiv. On Tuesday, BlackRock Inc quaterly profit beat analysts’… Read More ›
Memory market likely to recover this year: Micron Technology
Although its second quarter profits have beaten analysts’ estimate, its profit forecast for the third quarter is well below Wall Street’s expectations. U.S. chipmaker Micron Technology Inc stated, it sees a recovery in the memory chip market in the coming… Read More ›
South Korea’s LG Electronics records 80% drop in operating profits
The drop in its operating profits as well as the decline in its quarterly revenues are in line with its previous estimate. On Thursday, South Korea’s LG Electronics Inc reported a 80% drop in its operating profits, from a year… Read More ›
Honeywell International Inc’s 2nd quarter profits beat analysts’ estimate
On the wings of strong sales from its businesses which makes a host of products ranging from supply chain and warehouse automation equipment to aircraft engines and catalysts for petroleum refining, Honeywell International Inc reported a better-than-expected second quarter profits… Read More ›
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