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Key financial metrics revealed a 1% decrease in group revenues to €575.7 million, primarily due to a 12% decline in the Shared R&D segment. However, the Just – Evotec Biologics segment experienced a 74% increase in revenues, reaching €128.7 million. Despite these mixed results, adjusted Group EBITDA fell to a negative €6.0 million, impacted by increased costs and ongoing reorganization efforts. Strategic alliances have been a focal point, with significant developments in technology partnerships and collaborative agreements. Additionally, the company opened a new biologics facility in Toulouse, France, indicating a commitment to expanding its operational footprint.
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not-prediction
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www.tipranks.com
|
https://www.tipranks.com/news/company-announcements/evotec-reports-strategic-growth-amidst-revenue-challenges
|
IBM and Siemens Enterprise Communications have had a strong relationship going back many years when the computer giant sold its Rolm operations to Siemens. IBM also has a strong relationship with Nortel extending to providing server equipment for a variety of Nortel telephony systems for both small and large business customers. Other enterprise communications system suppliers also work with IBM in support of Lotus Sametime integration with their IP telephony systems, and Avaya is one of many telephony system suppliers who support Microsoft's OCS solution for unified communications applications. It is important that IBM work with a market leader such as Avaya as a strategic initiative to compete against Microsoft, but the relationship also benefits Avaya in a similar way. There is little doubt that Microsoft is intent on making a big splash in the telephony market and pushing aside the traditional PBX system suppliers with its fully integrated telephony/unified communications OCS offering.
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not-prediction
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www.nojitter.com
|
https://www.nojitter.com/avaya-ibm-expand-working-relationship
|
Commenting on the merger, Telefónica's CEO Jose Maria Alvarez-Pallete, said: "Combining O2's number one mobile business with Virgin Media's superfast broadband network and entertainment services will be a game-changer in the UK, at a time when demand for connectivity has never been greater or more critical. We are creating a strong competitor with significant scale and financial strength to invest in UK digital infrastructure and give millions of consumer, business and public sector customers more choice and value. This is a proud and exciting moment for our organisations, as we create a leading integrated communications provider in UK".
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prediction
|
www.broadbandtvnews.com
|
https://www.broadbandtvnews.com/2020/05/07/liberty-global-and-telefonica-agree-uk-merger
|
Costain and joint ventures of which it is part were paid around £900m in the period. This included £366m for the Costain/Skanska joint venture on the A14, a job on which Balfour also worked. Work on the road to Cambridge was completed ahead of schedule last year. Its A-One Integrated Highway Services collaboration with Jacobs and Colas made another £358m through work on schemes such as the A64 carriageway renewal.
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not-prediction
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www.constructionnews.co.uk
|
https://www.constructionnews.co.uk/contractors/kier/highways-englands-contractor-spend-league-table-revealed-06-07-2020
|
Reaching a target of 50 million iPhones by 2028, however, would require a significant upgrade of capacity among Apple's manufacturing partners in India. Alongside Tata Electronics, Taiwanese contract manufacturer Foxconn's India joint venture—Bharat FIH Ltd—is also a key iPhone production partner for Apple.
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not-prediction
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www.livemint.com
|
https://www.livemint.com/technology/apple-india-us-china-trade-iphones-tata-electronics-foxconn-taiwan-bharat-fih-electronics-supply-chain-11745589761345.html
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Gilles Grapinet, Worldline's Chairman and CEO, said: " The strategic alliance announced today between Worldline and ANZ is a landmark transaction for the Group and I am very honored that Worldline has been selected by ANZ to take over the control of its merchant acquiring business as the long term partner of choice to deliver state-of-the-art products and services to its very large portfolio of merchant customers.
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not-prediction
|
www.globenewswire.com
|
https://www.globenewswire.com/news-release/2020/12/14/2144758/0/en/Worldline-announces-a-major-strategic-commercial-acquiring-alliance-with-ANZ-Bank-in-Australia.html
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Meridian has selected CONNECT, AVEVA's industrial intelligence platform, and a series of EPC 4.0 solutions to create one unified, data-centric approach for the engineering and project execution of their new Davis Refinery. Meridian's executive team, comprising decades of experience in plant engineering and operations, is the driving force to their adopting innovative technologies that overcome traditional project barriers and disparate systems. With AVEVA's EPC 4.0 solutions, engineering data is no longer siloed, bringing real-time visibility across the engineering and design stage to procurement and construction, improving final handover and time to operational readiness.
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not-prediction
|
energiesmedia.com
|
https://energiesmedia.com/aveva-and-meridian-energy-group-inc-forge-partnership-for-worlds-cleanest-and-most-advanced-crude-oil-refineries
|
Bankai Group, an international telecom technology and carrier services provider, and MITSUMI Distribution, one of Africa's largest global IT hardware and software distributors, have announced today the creation of a joint venture initiative known as BankaiMitsumi. This new organization enables telcos in Africa and the Middle East to connect for termination and origination of voice services globally with quality and technical infrastructure. The venture enables BankaiMitsumi to leverage domestic and international gateway licenses and IP exchange hubs to make possible the delivery of high-quality network infrastructure and managed IT services. The two equal partner companies are represented by Mr. Bankim Brahmbhatt, President and CEO of US-based Bankai Group, and Jagat Shah, President and CEO of MITSUMI Distribution.
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not-prediction
|
pctechmag.com
|
https://pctechmag.com/2015/02/bankai-group-and-mitsumi-create-joint-venture-to-enable-quality-connection-termination
|
Tang argued that the most important contribution to income from associates and joint ventures was the DHL-Sinotrans businesses. He added that the increase in income from associates "offset weaker earnings from [Sinotrans] freight forwarding and logistics businesses. We believe this reflects the sustained good performance for DHL-Sinotrans, which has its focus on the China-Europe market, sheltering it from the exposure to the weakened U.S.-China trade activities.
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not-prediction
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finance.yahoo.com
|
https://finance.yahoo.com/news/sinotrans-delivers-scary-halloween-third-141014043.html
|
The9 (NCTY) has announced a strategic joint venture with Chengdu Qing Cheng Network Science and Technology to focus on mobile game operation and distribution in China's sinking market. The9 will hold a 51% stake in the venture, while Qing Cheng will hold 49%. Qing Cheng has committed to achieving an annual profit of RMB80 million (US$11 million) in 2025, with a guaranteed 50% profit increase annually in 2026 and 2027. The9 will grant Qing Cheng 110,232,600 restricted shares, which will be unlocked based on profit achievements. According to QuestMobile's 2024 report, mobile Internet users in lower-tier markets reached 647 million, representing 52.6% of China's mobile Internet market. Qing Cheng employs an e-commerce-like strategy with virtual incentives to enhance gamer participation in lower-tier cities through offline distribution channels and gaming KOLs.
|
prediction
|
www.stocktitan.net
|
https://www.stocktitan.net/news/NCTY/the9-establishes-joint-venture-to-focus-on-mobile-game-operation-and-7ni35vm4x8on.html
|
Accenture and Microsoft, along with joint venture Avanade, will work with Currys to "modernise, secure and simplify" its technology estate, which will allow Currys to accelerate its adoption of Microsoft AI technologies.
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not-prediction
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www.retail-week.com
|
https://www.retail-week.com/tech/currys-chooses-tech-partners-to-deliver-ai-transformation/7046177.article
|
Back in the 1990s, Dassault and BAE Systems announced plans for a joint venture for a prospective fighter jet, but Britain and France failed to green light that project. The UCAV project revived prospects of cooperation.
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not-prediction
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sldinfo.com
|
https://sldinfo.com/2021/04/the-future-of-anglo-french-defence-cooperation-post-brexit
|
NetApp's operating system, clustered Data ONTAP, serves as a foundation for the hybrid cloud, speeding application response and agility to new business changes and opportunities. The software controls and manages enterprise data consistently and more efficiently with nondisruptive operations.
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not-prediction
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technuter.com
|
https://technuter.com/channel-news/nxtra-data-ltd-joins-netapp-alliance-partner-program.html
|
EMV stands for Europay®, MasterCard®, and Visa®. It is the global standard for chip-based transactions. It is a joint effort between Europay®, MasterCard® and Visa® to ensure security and global acceptance so that MasterCard® and Visa® cards can continue to be used everywhere.
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not-prediction
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clarienbank.com
|
https://clarienbank.com/private-banking-overview/clarien-mastercard-debit-card
|
Analysts benefit from automatic and manual response actions from Singularity XDR, limiting an attacker's ability to infiltrate and launch an attack. The joint solution also strengthens zero trust frameworks with automated policy orchestration. Coordinated user access control via the Zscaler Zero Trust Exchange provides secure conditional access to private and SaaS applications with device posture details from SentinelOne. " In a world where hybrid work is becoming the norm, removing the silos of security solutions is key for implementing Zero Trust from endpoint to apps, " says Amit Raikar, VP Technology Alliances and Business Development at Zscaler. " Driven by customer demand and feedback, our new cloud to cloud integration with SentinelOne delivers a cross platform threat hunting view, and API automation for faster and effective response.
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not-prediction
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securitymea.com
|
https://securitymea.com/2022/02/16/sentinelone-announces-new-integration-with-zscaler
|
Cineplex has also entered into an exclusive partnership with global sports entertainment leader Topgolf which will bring Topgolf's sports entertainment experience to Canada. The joint venture will see the opening of multiple Topgolf venues in markets across the country during the next several years.
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not-prediction
|
retail-insider.com
|
https://retail-insider.com/retail-insider/2018/04/cineplex-playdium-rec-room-top-golf
|
Japan, the second-largest LNG importer worldwide after China, is adopting a proactive strategy to reduce its dependency on traditional long-term contracts. In collaboration with South Korea, through JERA and KOGAS, and Italy, via the Japan Organization for Metals and Energy Security (JOGMEC) and Eni, Tokyo seeks to pool supplies and facilitate cargo exchanges. This approach addresses the growing demand for flexibility in "free-on-board" (FOB) contracts, often seen as too restrictive.
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not-prediction
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energynews.pro
|
https://energynews.pro/en/japan-south-korea-and-italy-towards-strategic-cooperation-in-the-lng-market
|
Investors also think Russia's last remaining major independent oil company, Lukoil, faces risks too. It trades at a price/earnings ratio of eight times, compared to more than 20 times for Rosneft. The reason for Lukoil's valuation, says Mr Weafer, is because "investors see that company as stuck in no-man's land". One way Lukoil appears to be shoring up a future with the state was its announcement earlier this year that it would form a joint venture with Gazprom Neft, Gazprom's oil arm that was formerly Roman Abramovich's Sibneft.
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not-prediction
|
royaldutchshellplc.com
|
https://royaldutchshellplc.com/2007/04/20/financial-times-energy-the-state’s-unsated-appetite
|
Two potential joint ventures between Myanmar Agribusiness Public Corporation (Mapco) and Japanese conglomerates, Mitsui & Co and Mitsubishi Group, may propel Myanmar forward as the one of the region's key rice exporters. Mapco and Mitsui plan to establish the Integrated Rice Complex Project (IRCP), a network of rice-milling and processing plants in Myanmar that will supply countries along the Ivory Coast with low-quality (25% broken) rice. "The most important thing isn't rice exports to Japan, but Mitsui and Mapco's cooperation to establish mills to promote rice exports and help Myanmar become a large rice exporter in the world market again," said Masaki Takahara, the executive managing director of Japan External Trade Organisation (Jetro) in Yangon on March 28.
|
prediction
|
www.bangkokpost.com
|
http://www.bangkokpost.com/business/news/344607/japan-prepares-for-major-role-in-myanmar-s-rice-industry
|
Strategic Acquisitions and Partnerships: Enbridge's recent acquisitions demonstrate its ability to identify and integrate high-quality growth opportunities. The expansion of its natural gas utility franchise and investments in renewable power generation open new markets and customer segments. Strategic partnerships, like the one with Yara for a blue ammonia export project, enable Enbridge to leverage its existing infrastructure and expertise to enter emerging energy markets.
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not-prediction
|
finance.yahoo.com
|
https://finance.yahoo.com/news/decoding-enbridge-inc-enb-strategic-050726614.html
|
The search for a company to form a joint venture started before the coronavirus outbreak stalled the regional economy and will continue regardless, a spokesman for the Rome-based utility said in an emailed response to questions. Enel Green Power currently has sites in South Africa, Morocco and Zambia as part of an international expansion that also includes investments in Asia.
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not-prediction
|
financialpost.com
|
https://financialpost.com/pmn/business-pmn/enel-seeks-50-financial-partner-for-african-renewable-business
|
Delta Air Lines (DAL) und Korean Air werden Minderheitsbeteiligungen von insgesamt 25 % an WestJet für 550 Millionen US-Dollar von der Onex Group erwerben. Delta wird 330 Millionen US-Dollar für einen 15%-Anteil investieren, während Korean Air 220 Millionen US-Dollar für einen 10%-Anteil investiert. Nach dem Deal plant Delta, einen 2,3%-Anteil für 50 Millionen US-Dollar an Air France-KLM zu verkaufen, vorbehaltlich der Genehmigungen. Die Investition baut auf bestehenden Codeshare-Partnerschaften auf: Delta-WestJet seit 2011 und Korean Air-WestJet seit 2012. Die strategische Partnerschaft zielt darauf ab, die globale Vernetzung zwischen Kanada und Nordamerika, Europa sowie Asien zu verbessern und gleichzeitig verbesserte Kundenleistungen und nahtlose Reiseerlebnisse zu bieten.
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not-prediction
|
www.stocktitan.net
|
https://www.stocktitan.net/news/DAL/delta-korean-air-to-strengthen-partnerships-with-west-rr8tzmgpzjc7.html
|
The strategic partnership seeks to accelerate Telstra's technology outcomes with Cognizant implementing modern product engineering practices that will enable Telstra to further improve its customer experience and speed to market. Leveraging its global capabilities, Cognizant will support Telstra's strategy to enable more efficient software engineering and IT operations and decommission legacy systems. Moreover, the strategic partnership aims to support employee experience by building a superior engineering experience, further fostering a modern and innovative culture within Telstra. "Cognizant is excited to partner with Telstra in support of its bold aspirations," said Ravi Kumar S, CEO, Cognizant.
|
not-prediction
|
www.intelligentcio.com
|
https://www.intelligentcio.com/apac/2024/04/29/cognizant-enters-a-strategic-partnership-with-telstra
|
An integrated powerhouse of data-driven solutions for a digital world, Publicis has transformed as a full funnel, omnichannel partner for clients,helping them through their marketing transformation to win in the platform world. Onboarding transformative talent such as Radhika will go a long way in this journey. Commenting on her joining, Sanjay Sharma said: "In today's complex and fast changing world, our clients need strong strategic partnerships more than ever. Radhika is an exceptional strategic mind who has the experience, expertise and energy to partner our clients in providing the right solutions for today's challenges. In the coming days I see her playing a pivotal role in driving the growth and creative agenda for Publicis Worldwide in New Delhi." Radhika has over 11 years of experience both on the client side as well as across network agencies.
|
prediction
|
www.mediainfoline.com
|
https://www.mediainfoline.com/movement/publicis-worldwide-india-appoints-radhika-burman-as-vice-president-strategic-planning
|
It's doing far, far better than before at driving sales of download games (though I wonder how much of its impressive download sales number in 2015 so far is down to retail shortages of key titles like Splatoon pushing people online) and intends to allow you to buy games directly through your phone or PC, and have them downloaded automatically to your Wii U, 3DS or (eventually) NX. Welcome to five years ago on other platforms, sure, but it's a good feature nonetheless. More interestingly, the firm's late lamented Nintendo Stars point system will be directly incorporated into Nintendo Account in future. And it intends to extend the service's functionality to the real world, with interactions possible in retail stores, cinemas and in theme parks; an oblique reference, perhaps, to the company's theme park joint venture with Universal Studios, which was otherwise not mentioned today.
|
not-prediction
|
www.gamesindustry.biz
|
https://www.gamesindustry.biz/nintendos-still-being-slow-and-cautious-on-mobile
|
MongoDB has established comprehensive strategic alliances with the cloud hyper-scalers, despite also competing with them in some areas, with MongoDB Atlas running on each company's cloud platform. The database company has had a long-time relationship with Google Cloud and last year established a deep relationship with AWS and extended its Microsoft Azure alliance.
|
not-prediction
|
www.crn.com
|
https://www.crn.com/news/applications-os/mongodb-and-alibaba-cloud-extend-strategic-partnership-by-four-years
|
Over the last twelve months, the corporation further broadened its strategic collaboration with Google Cloud, consequently expanding its advanced AI offerings to the enterprise. This has been achieved through GitLab's utilisation of the Vertex AI Model Garden to incorporate AI-fuelled features into the DevSecOps platform while adopting a privacy-focused approach. The result is a dynamic tool that enables organisations to exploit the benefits of AI, thereby leading to an accelerated and more efficient software delivery process while upholding data, IP, and source code protection.
|
not-prediction
|
channellife.com.au
|
https://channellife.com.au/story/gitlab-bags-google-cloud-partner-award-for-fourth-consecutive-year
|
Simulating a physical energy system, it verifies proposed planning scenarios for energy usage, providing recommendations on how to optimize desired outcomes including energy efficiency and associated cost savings, as well as emission reduction. "By accurately modelling operational and energy usage scenarios, the Digital Energy Twin enables faster and more transparent decision making in the early planning phases," said Matthias Rebellius, Member of the Managing Board of Siemens AG and CEO of Smart Infrastructure. "This demonstrates how at Siemens we are combining the real and digital worlds to drive scalable, sustainable progress in industries, and represents an exciting first step towards an integrated process for optimized planning, building operation, and production."
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not-prediction
|
www.automotiveworld.com
|
https://www.automotiveworld.com/news-releases/siemens-and-mercedes-benz-transform-future-of-sustainable-factory-planning-with-digital-energy-twin
|
At the heart of the debate is Nevada, where Barrick and Newmont have owned neighbouring mines since the 1980s. Newmont said it prefers a joint venture in the state, a plan which Barrick says would be too complicated and not financially beneficial to all shareholders.
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not-prediction
|
www.reuters.com
|
https://www.reuters.com/article/us-newmont-mining-m-a-barrick-gold-idUSKCN1QI5OM
|
Mindware, a leading value-added distributor (VAD) in the Middle East and Africa, has announced a strategic partnership with VMware, a Broadcom company. This collaboration will see Mindware become an authorised distributor of VMware's extensive portfolio, helping businesses in Lebanon, Iraq and Jordan accelerate their digital transformation journeys. The partnership is designed to bring Broadcom's cutting-edge VMware solutions including App Platform, Cloud Infrastructure, Networking Security and Software-Defined Edge to the Levant region, empowering regional enterprises with leading technology to enhance agility, scalability, and security in their IT infrastructures. The partnership spans Lebanon, Iraq, and Jordan, responding to the growing demand for digital solutions across these markets.
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not-prediction
|
www.intelligenttechchannels.com
|
https://www.intelligenttechchannels.com/2025/02/19/mindware-and-vmware-forge-strategic-partnership-to-drive-digital-transformation-in-lebanon-iraq-and-jordan
|
Siemens AG, which spun off Siemens Energy in 2020, is also expected to provide support by buying most of the 24% stake Siemens Energy owns in Siemens Ltd (SIEM.NS), an Indian joint venture, sources have told Reuters.
|
prediction
|
evwind.aeeolica.org
|
https://evwind.aeeolica.org/2023/11/14/german-government-supports-siemens-energy-with-8-bln-guarantees/94877
|
The amount raised will be used to repay loans. The company aims to repay KRW 1.25tr and KRW 1.08tr of loans in 2014 and 2015 respectively. Korean Air, which is an affiliate of Hanjin Shipping, had to step in and made a commitment of providing KRW 100bn as financial aid to the group to ease its liquidity pressure which is in addition to KRW 150bn money paid in October. Korean Air is further willing to help Hanjin with a promise to buy KRW 400 bn of new shares that Hanjin plans to sell next year. To avoid a liquidity crisis, Hanjin has been disposing of some of its assets including a partial sale of its bulk business through a new joint venture with Hahn & Company. The agreement will secure KRW 300bn of cash for Hanjin as well as transfer debts of KRW 1.4tr to the joint venture, enabling it to reduce its debt and improve balance sheets with this additional liquidity.
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prediction
|
www.marinelink.com
|
http://www.marinelink.com/news/cutting-hanjin-losses363187.aspx
|
BeiGene, a global, science-driven biotechnology company focused on developing innovative and affordable medicines to improve treatment outcomes and access for patients worldwide, today announced it entered into a worldwide strategic collaboration with InnoRNA, a biotechnology company with expertise in LNP-based delivery technology and mRNA drug discovery, to leverage its innovative technology platform for developing mRNA-based therapeutics.
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not-prediction
|
www.pharmafocusasia.com
|
https://www.pharmafocusasia.com/news/beigene-announces-strategic-research-collaboration-with-innorna
|
Masanori Katayama, President and Representative Director of Isuzu Motors Limited, said: "This is a very exciting day. We have signed the strategic alliance agreement with the Volvo Group. The difficult and unforeseeable COVID-19 situation has made the strategic alliance even more valuable and has built a solid, trustful relationship between Isuzu and the Volvo Group. This long-term partnership will span across products, technologies and regions, and actively contribute to service improvements and strengthened customer satisfaction as well as supporting the logistics industry. I am fortunate to have UD Trucks joining the Isuzu Group. UD Trucks will play an important role of the strategic alliance for efficient and effective collaboration between Isuzu Motors and the Volvo Group."
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not-prediction
|
www.just-auto.com
|
https://www.just-auto.com/news/volvo-group-and-isuzu-ink-strategic-alliance
|
DALLAS & MIAMI--( BUSINESS WIRE )--Aurora Innovation Inc. (NASDAQ: AUR), a leading autonomous vehicle company, and Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announce a strategic collaboration to pilot on-site fleet maintenance. With Ryder technicians embedded at Aurora's terminal in South Dallas, the goal is to support the current pilot operations and prepare for commercial operation at scale. Autonomous technology has unprecedented potential to optimize vehicle utilization. However, higher utilization means autonomous trucks will require more frequent preventative maintenance and immediate access to corrective maintenance.
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not-prediction
|
www.businesswire.com
|
https://www.businesswire.com/news/home/20221107005846/en/5321837/Aurora-and-Ryder-to-Pilot-On-Site-Fleet-Maintenance-for-Autonomous-Trucking
|
"It is our privilege to work with Tata Power in a spirit of strategic collaboration to develop innovative technology solutions. ABB's state of the art portfolio of solutions and services that can adapt to evolving requirements of customers makes it well placed to partner Tata Power's focus on continuous improvements," said Mr. Sanjeev Sharma, Country Managing Director of ABB India Ltd.
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not-prediction
|
www.nsenergybusiness.com
|
https://www.nsenergybusiness.com/news/newstata-power-commissions-indias-first-pre-fabricated-3311-kv-power-distribution-centre-for-its-consumers-of-mumbai-city-4861959
|
Home Depot ( NYS: HD ), up 0.7% For Home Depot, news of an expanding U.S. GDP likely gave further fuel to the notion that home improvement might be a booming business. Yet the tea leaves are far from clear on that point, given that home prices have continued to fall, according to the most recent data. Even in challenging times, a strategic alliance can help boost results. Home Depot has had a partnership with Martha Stewart Living Omnimedia for about two years now, and the home improvement retailer said it plans to renew that partnership with an expanded scope that will include craft furniture and holiday offerings as well as paint, cabinetry, and carpet. Procter & Gamble ( NYS: PG ), up 0.3% The news of the day for big-brand companies came from social media, where Facebook is seeking to attract new ways to appeal to potential advertisers. With the potential to target ads to specific users based on their preferences, effectiveness would rise.
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prediction
|
www.aol.com
|
https://www.aol.com/2012/03/01/3-dow-winners-on-a-disappointing-day
|
While neither he, nor any Air Canada executive, cites WestJet by name, FlightGlobal schedules data shows that in September the low-cost carrier was the largest source of growth between Canada and Europe after Air Canada itself. Low-cost competition is here to stay across the Atlantic. Norwegian and WestJet both plan to expand, Ryanair chief Michael O'Leary has long talked of the potential for a transatlantic proposition, and JetBlue Airways has just announced that it has conversion rights to the long-range Airbus A321neo from 2019, something that would allow it to begin transatlantic flying from its Boston and New York bases. The combination of expanding LCCs, economic uncertainty and possible Brexit fallout paints a complicated picture for transatlantic flying going forward. While immunised joint ventures continue to control more than 80% of the market, carriers like American and United cannot continue to see yield declines while growing their already large share of the market.
|
prediction
|
www.flightglobal.com
|
https://www.flightglobal.com/networks/analysis-will-new-secondary-transatlantic-routes-survive/121381.article
|
As StoneFly's Intelligent Network Storage Platform, StoneFusion comes standard with each StoneFly IP SAN and offers comprehensive storage services, including built-in support for the VMware iSCSI initiator for speedy integration of networked storage with virtual servers. While StoneFly has been applying the principles of virtualization since its founding in 2000, participation in the VMware programs strengthens its commitment to a growing base of customers interested in deploying virtual machines. "By formalizing our ties with VMware, we will not only be able to leverage their outstanding software to develop comprehensive disaster recovery solutions, but we can also help our customers achieve even greater advances with their virtualization initiatives," said Bahman Jalali, director of product management for StoneFly. StoneFly Inc.
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not-prediction
|
www.networkcomputing.com
|
https://www.networkcomputing.com/data-centers/stonefly-aligns-vmware
|
Shashua mentions that the company presented road experience management (REM) technology at the previous CES exhibition. This is a mapping technology that makes it possible to obtain data in real time, based on crowdsourcing. "This is a means of creating a high-resolution map, which is an essential precondition for effective low-cost autonomous driving. Crowdsourcing is the only logical way of devising such a map," Shashua says. According to him, completion of the first REM map covering the high-speed roads in every country is slated for late 2018, in cooperation with an auto manufacturer and a map producer. Just before the most recent CES exhibition, Mobileye announced strategic cooperation with Dutch company Here to facilitate crowdsourcing for the creation of high-resolution maps to be used in autonomous driving.
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not-prediction
|
www.globes.co.il
|
http://www.globes.co.il/en/article-mobileye-moves-on-to-mapping-driving-policy-1001171589
|
"TCS has a long and successful track record of helping businesses succeed in their transformation journeys. When combined with our Marketo Engagement Platform™, the broadest and most powerful engagement platform in the world, this partnership will help our customers scale from traditional marketing campaigns to impactful enterprise-level engagements, benefiting the organization along the entire customer journey," said Steve Lucas, chief executive officer, Marketo.
|
prediction
|
www.prnewswire.com
|
https://www.prnewswire.com/news-releases/marketo-and-tcs-announce-strategic-partnership-to-provide-best-in-class-marketing-services-globally-300635471.html
|
The Cabinet Committee on Economic Affairs (CCEA) granted approval on Wednesday for Coal India Limited's ambitious venture into the coal-to-synthetic natural gas (SNG) and coal-to-ammonium nitrate projects. The joint ventures, in collaboration with GAIL and Bhel respectively, aim to tap into the vast coal reserves of Eastern Coalfields Limited in Bengal and Mahanadi Coalfields in Odisha.
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not-prediction
|
www.businessupturn.com
|
https://www.businessupturn.com/money/market/coal-india-stock-surges-after-cabinet-committee-greenlights-companys-multi-billion-investment-in-coal-to-gas-projects/
|
Singapore (VNA) - Singapore and the US have inked an agreement to further cooperate on defence innovation, such as leveraging artificial intelligence (AI) and autonomous systems to solve their militaries' operational challenges. According to the memorandum of understanding (MoU) signed on May 31, the two countries will work on solutions to ongoing security challenges, such as the development of counter-drone capabilities, and technologies to enhance maritime security. The Singaporean Ministry of Defence said the MoU was signed at Shangri-La Hotel by Singaporean defence scientist Tan Peng Yam and Douglas Beck, director of the US's Defence Innovation Unit and senior adviser to the US secretary of defence. The signing was witnessed by Singaporean Defence Minister Ng Eng Hen, and US Secretary of Defence Lloyd Austin, who is visiting Singapore for the 21st Shangri-La Dialogue security summit, which is being held from May 31 to June 2.
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not-prediction
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en.vietnamplus.vn
|
https://en.vietnamplus.vn/singapore-us-sign-new-defence-cooperation-agreement-post287917.vnp
|
Tata Motors has forged strategic partnerships and collaborations, strengthening its strength. The company's acquisition of luxury carmaker Jaguar Land Rover has significantly boosted its product offerings and global presence.
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not-prediction
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businessmodelanalyst.com
|
https://businessmodelanalyst.com/tata-motors-swot-analysis
|
In a move to address the boom and bust nature of their asset management planning (AMP) schedules, three U.K. water utilities—Thames Water, Anglian Water, and Scottish Water—have announced their intentions to use alliance contract delivery models in the next AMP6 round from 2015 to 2020. Thames Water said that it will award alliance contracts two years ahead of the start of AMP6 to involve partners early in the process and to help shape the utility's AMP6 plans. Anglian Water said that it will take a similar approach and will offer extension options for the AMP7 and AMP8 periods extending out to 2030. Scottish Water said that it will be looking for two alliance partners for the delivery of its £750 million (about $1.18 billion U.S.) Quality and Standards IV capital investment program starting in 2015.
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not-prediction
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ebionline.org
|
https://ebionline.org/2013/01/29/uk-water-utilities-moving-to-alliance-contract-model
|
In addition, First Citizens Bank will receive a line of credit from the FDIC to ensure its own liquidity throughout the purchase process. First Citizens Bank has also entered into a loss-share agreement with the FDIC to provide further downside protection against potential credit losses. First Citizens Bank will not acquire any assets, common stock, preferred stock or debt of SVB Financial Group, the former holding company of Silicon Valley Bank. Frank Holding Jr., chairman and CEO of First Citizens Bank, said in a prepared statement that at the most fundamental level, the acquisition allows his company to scale its platform by adding new lines of business in new markets. He specifically cited the appeal of the private equity and joint venture capital lending programs, which are renown within the California tech hub. "We are committed to building on and preserving the strong relationships that Silicon Valley Bank has with private equity and venture capital firms," says Holding.
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prediction
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rebusinessonline.com
|
https://rebusinessonline.com/first-citizens-bank-agrees-to-acquire-failed-silicon-valley-bank-from-fdic
|
"We are excited to partner with Telenor Velocity to support Pakistan's startup community," said Max Cuvellier Giacomelli, Head of GSMA Mobile for Development. "There is great potential in the ecosystem, and I am glad we can work together with strong partners like Telenor to help equip local innovative companies with the resources and knowledge they need to thrive and create a significant impact."
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not-prediction
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www.brecorder.com
|
https://www.brecorder.com/news/40316833/telenor-velocity-gsma-form-alliance-to-empower-startups
|
Also in January 2021, Henry Schein completed its joint venture ("JV") with Casa Schmidt, a comprehensive provider of dental solutions for dental professionals in Spain and Portugal. In December 2020, Henry Schein Medical entered into a distribution agreement with Yosi Health.
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not-prediction
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www.zacks.com
|
https://www.zacks.com/stock/news/1319899/heres-why-you-should-retain-henry-schein-hsic-stock-for-now/?art_rec=blog-analyst_blog-up_next-ID01-txt-1319899
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Siebel will make its announcement at the company's conference in Los Angeles this week. The fact that Microsoft chairman Bill Gates will also deliver a keynote speech at the conference led to feverish speculation among some analysts that Microsoft was about to make an equity investment in Siebel – or acquire it outright.
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not-prediction
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www.information-age.com
|
https://www.information-age.com/siebel-set-to-endorse-microsoft-net-23958
|
SEOUL, March 18, 2021 – Hyundai Motor Company today signed a new five-year Global Business Cooperation Agreement with Royal Dutch Shell plc, the international energy company known as Shell — but this time with a clean mobility twist. The signing ceremony was held online at Hyundai Motorstudio Goyang, Korea.
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not-prediction
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24x7newsworld.com
|
https://24x7newsworld.com/hyundai-and-shell-sign-new-agreement-to-expand-collaborations-on-clean-energy-solutions
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Aditya Birla Health Insurance Co. Limited (ABHICL) is a joint venture between MMI Strategic Investments (Pty) Ltd and Aditya Birla Capital Limited. Since its inception in 2016, ABHICL has been dedicated to transforming the health insurance landscape by offering innovative products, incentivized wellness programs, and chronic care solutions. The company integrates technology-driven health management with insurance coverage to provide a comprehensive and personalized healthcare experience for its customers.
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not-prediction
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hrtoday.in
|
https://hrtoday.in/swathi-kulkarni-appointed-as-head-of-health-management-at-aditya-birla-health-insurance-company-limited
|
As per the Nigerian Communications Commission, as of January 2021, the number of third and fourth-generation telecom towers deployed in Nigeria has grown by 73.2%. Also, global tower companies have been expanding their presence in the region, through strategic collaborations, due to the growing number of opportunities presented. In January 2020, American Tower acquired Eaton Towers in a deal that included towers across five African countries. While American Tower already had a presence in Africa, the acquisition was a significant deal, demonstrating the types of investment being made in the region, particularly in the tower market. According to estimates by TowerXchange, there are roughly 25,767 towers in South Africa, serving 97mn SIMs, making it one of Africa's best-covered markets. Five MNOs operate within the South African market, mainly MTN, Vodacom, Telkom, Cell, and C-and Rain. Cell C is in the process of shutting down its network and switching to a roaming agreement with MTN.
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not-prediction
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finance.yahoo.com
|
https://finance.yahoo.com/news/africa-telecom-towers-allied-market-192100857.html
|
"As an industry leader in delivering world class diagnostics, bringing innovative new drugs to market, and using data to change the way care is delivered, we are excited to provide new tools to biotechnology and pharmaceutical companies to enhance our understanding of an individual's cellular and genomic health." LabCorp is the world's leading healthcare diagnostics company, providing comprehensive clinical laboratory services through LabCorp Diagnostics, and end-to-end drug development support through Covance Drug Development. With combined revenue proforma for the acquisition of Covance in excess of $8.5 billion in 2014 and more than 48,000 employees in over 60 countries, LabCorp offers innovative solutions to healthcare stakeholders, including physicians, patients and consumers, biopharmaceutical companies, government agencies, managed care organizations, hospitals, and clinical labs.
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not-prediction
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www.prnewswire.com
|
https://www.prnewswire.com/news-releases/orig3n-announces-strategic-collaboration-with-labcorp-300085478.html
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Sajjan Jindal, chairman of JSW group, said, "This MoU with POSCO marks a significant step forward in our journey to contribute to the Indian steel industry. Our partnership with POSCO strengthens JSW's commitment to drive that transformation. This JV also entails collaboration for renewable energy for a state-of-the-art integrated steel plant and for setting up an EV ecosystem in India. Together, we aim to set a benchmark in technology and sustainability that can shape the future of manufacturing in India and beyond."
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not-prediction
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www.entrepreneur.com
|
https://www.entrepreneur.com/en-in/news-and-trends/jsw-group-and-posco-forge-strategic-alliance-to-boost/482041
|
The Ministry of Communications and Digital Affairs of the Republic of Indonesia (Komdigi) has officially anchored the establishment of Indonesia's AI Center of Excellence — a national initiative aimed at accelerating the country's AI competitiveness through a strategic collaboration with Indosat Ooredoo Hutchison (Indosat), Cisco, and NVIDIA.
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not-prediction
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technode.global
|
https://technode.global/2025/07/14/nvidia-expands-sovereign-ai-footprint-in-indonesia
|
Posted in: Business Principles, Environment, Gas, Groningen Earthquakes, Human Rights, John Donovan, NAM, Netherlands, Royal Dutch Shell Plc, Shell. Tagged: ExxonMobil · Gas · Royal Dutch Shell Plc · Shell
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not-prediction
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royaldutchshellplc.com
|
https://royaldutchshellplc.com/2016/02/18/nam-the-dutch-gas-joint-venture-by-shell-and-exxon-investigate-impact-of-earthquakes-triggered-by-groningen-gas-field-activity
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Allianz's strategic partnership with the Olympic and Paralympic Movements extends through 2028 and includes the upcoming Games Milano Cortina 2026 and LA28, allowing Allianz to connect with millions of customers, consumers and business partners around the world, increasing awareness and appeal of the most valuable global insurance brand and creating business impact in core growth markets.
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not-prediction
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africaneyereport.com
|
https://africaneyereport.com/allianz-gears-up-for-paris-2024-with-support-for-athletes-insurance-protection-and-market-activations-around-the-world
|
Against this backdrop, Lufthansa Cargo is intensifying key strategic partnerships in China: Ashwin Bhat, CEO Lufthansa Cargo, signed cooperation agreements with Shanghai Airport Authorities, Air China Cargo and China Postal Express & Logistics Co., Ltd during his recent trip. Shanghai Airport Authority and Lufthansa Cargo intensify cooperation: Joint MoU signed / Municipal Government of Shanghai supports Lufthansa Cargo's plans in Shanghai Shanghai Airport Authority and Lufthansa Cargo have taken a significant step towards strengthening their partnership with the signing of a Memorandum of Understanding (MOU). The MOU aims to establish a framework to further develop cooperation in focused areas, enhancing operational efficiencies, and improving customer experiences through innovative solutions and shared expertise.
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not-prediction
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indiaseatradenews.com
|
https://indiaseatradenews.com/lufthansa-cargo-intensifies-strategically-important-partnerships-in-china
|
BAE Systems, which has around 10,000 workers in Lancashire, and supports thousands more jobs across the local supply chain will bring a world-leading advanced aerospace and defence technology perspective to the LCP. The company, renowned for its work on the Typhoon, F-35 and Tempest military aircraft programmes also leads digital defence solutions and enterprise cyber security provisions, through its Digital Intelligence business.
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not-prediction
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www.lancaster.ac.uk
|
https://www.lancaster.ac.uk/dsi/about-us/news/lancashire-announces-new-strategic-partnership-to-maximise-countys-once-in-a-generation-cyber-opportunity
|
"This new SuiteApp extends our robust solution for end-to-end field service management and can help our customers improve their operational efficiency and growth potential." Recommended AI News: Ovation Data and NthDS AI Data Solutions Announce Strategic Partnership Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides the information, resources, and methodology required to help partners verify that their applications and integrations meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like simPRO, have been built to meet these standards.
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not-prediction
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aithority.com
|
https://aithority.com/saas/simpro-achieves-built-for-netsuite-status
|
Checking up on Occidental's cash flow position During the fourth quarter of 2016, Occidental reported a net loss of $272 million. When converting that into operating cash flow, Occidental added back $1.05 billion from its non-cash DD&A (depreciation, depletion, amortization) expenses and $575 million in non-cash expenses related to asset impairment and other charges, minus a deferred income tax provision of $355 million (which was added to its net income), resulting in operating cash flow before working capital and other effects of $998 million. Including those effects, Occidental generated $921 million in net operating cash flow from its continuing operations. That is a big improvement from the $656 million net operating cash flow Occidental posted in Q3, aided primarily by its global realized crude price jumping by 9% sequentially, or $3.59, to $45.08/barrel.
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not-prediction
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seekingalpha.com
|
https://seekingalpha.com/article/4046194-love-occidentals-asset-base-hate-outspend
|
Dexia, a Franco-Belgian bank, was the first one to be engulfed by the crisis. The immediate problem was the overdependence of Dexia on market borrowings to fund its assets. As confidence and liquidity in the interbank market dried up, Dexia found it difficult to raise money and a liquidity crisis quickly escalated into a solvency crisis. One would have expected European banks and banking regulators to have learnt from the experience of Northern Rock in Britain just four years earlier—but they obviously have not. Parts of Dexia are now being nationalized and the European Central Bank is providing huge short-term liquidity to the banking system. Nor has UBS been wiser after its losses in complex derivatives in 2008: it has recently reported another trading loss of $2.3 billion.
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not-prediction
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www.livemint.com
|
https://www.livemint.com/Opinion/LIYr1mI3r0nryEJUfnsp1L/Strange-tidings-around-the-Atlantic.html
|
According to its most recent quarterly report, American Home had obtained financing from several lenders. Among them were Bank of America Corp (BAC.N), Bear Stearns Cos (BSC.N), Credit Agricole SA's Calyon affiliate and UBS AG
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not-prediction
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www.foxnews.com
|
http://www.foxnews.com/story/2007/08/01/american-home-mortgage-lenders-cut-off-credit-may-liquidate-assets.html
|
These payments are contingent upon the recovery from underlying assets over the ensuing seven years. Creditors accepted a haircut of 55 per cent, considering a complete retrieval of the uncommitted value of Rs 8,000 crore. The cumulative claims of financial creditors for the two NBFCs amounted to Rs 32,750.22 crore. The Reserve Bank of India superseded the boards of SIFL and SEFL in October 2021 due to governance concerns and repayment defaults. Subsequently, the banking regulator approached the NCLT Kolkata to initiate the insolvency proceedings against the twins for a consolidated resolution.
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not-prediction
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www.business-standard.com
|
https://www.business-standard.com/amp/companies/news/narcl-may-wind-up-srei-group-s-equipment-finance-arm-retain-sifl-123081300408_1.html
|
Supermarket giant Sainsbury's today announced profits of £488million – as shoppers bear the brunt of soaring food prices. The company crowned a three-year turnaround plan by announcing a 28 per cent rise in annual profits, putting its chief executive in line for a £9million windfall. The announcement comes just a day after inflation leapt to three per cent, partly fuelled by rocketing grocery prices. Sainsbury's sales for the year to March 22 were 5.8 per cent up at £19.3billion, while the figure for underlying pre-tax profits was slightly ahead of City predictions. The retailer said it had exceeded a series of targets set down under the "Making Sainsbury's Great Again" scheme, which was launched in 2005 by chief executive Justin King. He is now in line for a multi-million pound payout, potentially worth as much as £9million as a result of his success. About 117,000 staff will also be in line for a share of a £47million payout this year – an average of £401 per worker – as part of the success.
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not-prediction
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metro.co.uk
|
https://metro.co.uk/2008/05/14/sainsburys-rings-up-488m-bumper-profits-as-shoppers-suffer-134968
|
By Maki Shiraki TOKYO (Reuters) -Nissan Motor will face plenty of scrutiny over its deepening crisis at an annual general meeting on Tuesday, where investors will also vote on an activist proposal urging it to take action on listed subsidiary Nissan Shatai. It is anyone's guess whether new boss Ivan Espinosa will be able to halt the sharp decline at the automaker, where shares have fallen some 36% over the last year and dividend payments have been suspended. Nissan reported a $4.5 billion net loss in the last financial year and there is no guarantee it will return to profit this year – so far, it has declined to give a full-year earnings forecast. Espinosa has laid out plans for big cuts, including closing seven plants and shedding a total of 20,000 jobs, or around 15% of Nissan's workforce. One Tokyo-based activist investor, Strategic Capital, thinks the overhaul should include Nissan taking action on its listed subsidiary.
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not-prediction
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www.freedom969.com
|
https://www.freedom969.com/business/crisis-hit-nissan-braced-for-scrutiny-on-turnaround-plan-at-shareholder-meeting
|
"Vanke is too important to the real estate industry ... if it defaults it will ruin all the previous stabilization effort by the central government, and the risk may spread to the financial system," said a Vanke bondholder, declining to be named.
|
prediction
|
www.reuters.com
|
https://www.reuters.com/markets/asia/vanke-woes-test-limits-chinas-property-sector-revival-efforts-2025-01-21
|
Eurobank scored a core Tier 1 capital adequacy ratio of 4.9%, below the 5.0% pass mark under the simulation's adverse scenario, and ATEbank said it had a capital shortfall of 713 mln euros. Central Bank chief George Provopoulos said the banks which had followed instructions to raise capital boosted their position and lenders must continue to do so. EFG Eurobank's deputy chief executive Michael Kolakidissaid it will not need to raise capital as it sold a majority stake in its Polish operation Polbank to Austria's Raiffeisen and is in talks to sell its Turkish unit Tekfen. "If we include corporate actions taken until end-April, the Core Tier 1 ratio comes to 6.8%," he said.
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not-prediction
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www.financialmirror.com
|
https://www.financialmirror.com/2011/07/15/cyprus-banks-pass-eba-stress-tests
|
Peloton's Q3 revenue fell by 24% year-over-year to $964.3 million, as connected fitness revenue from the physical sales collapsed by 42% to $594.4 million. The company blamed 'a reduction in consumer demand exiting the pandemic's peak' and 'higher than anticipated Tread+ returns totaling $18 million related to our May 2021 product recall.'
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not-prediction
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www.ig.com
|
https://www.ig.com/au/news-and-trade-ideas/where-next-for-peloton-shares-after-sobering-q3-results--220516
|
Merkley's letter follows steep losses at Credit Suisse Group AG from holdings of distressed credit and securitized loans of distressed assets – holdings that Credit Suisse's own top executive was reportedly unaware of until the losses occurred. "Credit Suisse's apparent failures to effectively oversee its risky trading operation bring to the surface an on-going concern I have regarding whether the Volcker Rule, which former Senator Carl Levin and I helped draft, is being implemented as intended," wrote Merkley. "As its authors in 2010, we intended the Volcker Rule to be a modern Glass-Steagall Act that separates high-risk trading activities from banking organizations that serve customers by making loans and facilitating the raising of capital.
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not-prediction
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www.merkley.senate.gov
|
https://www.merkley.senate.gov/in-wake-of-surprise-losses-on-wall-street-merkley-presses-regulators-for-greater-transparency-and-accountability-in-volcker-rule-enforcement
|
The company reported earnings after the market closed. Its income more than doubled as higher sales and prices offset increasing prices for raw materials, the company reported. Alcoa earned 32 cents per share. Analysts expected the company to earn 33 cents per share, according to FactSet. The company reaffirmed its forecast for 12 percent growth in global aluminum demand this year. Alcoa was down 0.4 percent in early aftermarket trading.
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prediction
|
www.masslive.com
|
http://www.masslive.com/business-news/index.ssf/2011/07/stocks_on_wall_street_sink_on_fresh_fear.html
|
Private IPPs also owe significant amounts, with Liberty Power's dues at Rs16.397 billion, Kapco at Rs2.253 billion, Orient Power Rs1.441 billion, FKPCL Rs900 million, Sapphire Power Rs409 million, Saif Power Rs313 million, and Halmore Power and Davis Energen each owing Rs88 million. Government-owned plants such as QATPL, NPPMC (Balloki), and NPPMCL (HBS) collectively owe Rs3.779 billion. SNGPL said the situation stems from inadequate fund releases by the Central Power Purchasing Agency (CPPA-G) to the power sector, which in turn delays payments to the gas utility. The company has urged CPPA-G to expedite payments to Wapda, IPPs, and government plants so they can clear their liabilities, enabling SNGPL to meet its own payment obligations to gas suppliers.
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not-prediction
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www.energyupdate.com.pk
|
https://www.energyupdate.com.pk/2025/08/09/sngpl-warns-of-severe-liquidity-crisis-as-power-sector-dues-top-rs76-5bn
|
Japan's Nissan Motor Co will issue $8bn in dollar-denominated debt (roughly R 134.05bn) and is considering euro-denominated bonds, it said on Friday, as the troubled automaker looks to diversify its funding. The bond sale is its first dollar-denominated issuance since its tie-up with France's Renault SA in 1999, a Nissan representative said. It comes as investors have expressed deepening concern about Nissan, which has warned of a record $4.5bn loss (roughly R 75.4bn) this year as the pandemic hampers its turnaround efforts.
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prediction
|
www.timeslive.co.za
|
https://www.timeslive.co.za/motoring/news/2020-09-11-nissan-to-issue-8bn-in-dollar-denominated-debt
|
Despite Abercrombie remaining a huge global teen retailer, utilizing a huge direct-to-consumer business, and generating gross margins exceeding anything rivals like American Eagle Outfitters and Aeropostale can cobble together, returns -- both absolute and relative -- lag its peers and the market generally; it is closing down a third of its stores; has had to shutter two expensive failures in Ruehl and Gilly Hicks; and over the past six years has saddled investors with a half billion dollars worth of asset impairments and operating losses.
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not-prediction
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www.aol.com
|
https://www.aol.com/2013/12/10/activist-investors-says-abercrombie-is-not-a-model
|
The timing of Hartmarx' Chapter 11 bankruptcy filing is unfitting for a suit maker who dressed one of the US' all-time favourite presidents for his inauguration day in Washington DC last week.
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not-prediction
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www.just-style.com
|
https://www.just-style.com/news/in-the-money-hartmarx-banking-on-obama-effect
|
The NCLAT bench headed by Chairman Justice S J Mulhopadhaya has asked the Comittee of Creditors (CoC), Resolution Professional to file their reply within five days. It has also asked Rajputana Properties Private Ltd, a subsidiary of Dalmia Bharat Group, whose bids has been approved by CoC earlier, to file an intervention application to be heard in the matter. The bench also said that it would see as to whether "the NCLT can refuse the offer of the shareholders of the corporate debtor if he intends to pay 100 per cent of credit amount of creditors within 2 to 4 week". The tribunal has directed to list the matter on May 22 for next hearing. NCLAT had yesterday directed RP of Binani Cement not to decide on the eligibility of the bidders, but just to pass on the revised resolution plans in sealed covers to the CoC.
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not-prediction
|
www.deccanchronicle.com
|
https://www.deccanchronicle.com/business/companies/160518/binani-industries-offers-to-pay-100-pc-claims-of-debtors.html
|
What pushed RBS over the brink was ABN—and not the deal's mediocre logic or crazy valuation, but rather the losses within the Dutch bank and the strain it put on funding ... Depending on which set of subsidiary accounts you use, in 2008 and the first half of 2009 ABN accounted for 75-144% of the combined group's operating losses and 47-50% of its loan impairments and gross writedowns from credit and trading activities ... Few people think ABN went berserk on risk during the takeover battle, but there is evidence it was slow to put the brakes on risky activities. For example, 79% of its super-senior CDO exposures at the end of 2007 seem to have been originated that year. Only 7% of RBS's were ... The purchase of ABN widened RBS's dependence on wholesale funding just as it was drying up. From about £230 billion of debt and interbank borrowing in mid-2007, RBS had £524 billion by the end of that year.
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not-prediction
|
thefinanser.com
|
https://thefinanser.com/2010/03/a-rich-round-of-bank-analysis.html
|
DETROIT -- Ford Motor Co. (NYSE:F) warned on Wednesday of a deeper-than-expected fourth-quarter operating loss as it grapples with fallout from its worst financial crisis in nearly a decade. The warning came as the world's second largest automaker hammers out details of a restructuring plan, due to be unveiled in January, that industry analysts expect to include massive job cuts and the possible idling of some assembly plants as part of an effort to bring Ford's costs into line with its diminished market share. With its fourth-quarter loss, Ford will face a situation for the first time since 1992 in which it reports three consecutive quarterly losses. The automaker posted a combined total of $1.4 billion in losses in the second and third quarters. In October, Ford said it expected to report better financial results for the final three months of 2001 than the operating loss of 28 cents a share -- or $502 million -- that it posted in the third quarter.
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prediction
|
www.wired.com
|
https://www.wired.com/2001/12/ford-warns-of-q4-shortfall
|
TEL AVIV (Reuters) - Israel-based Teva Pharmaceutical Industries reported a slightly smaller-than-expected drop in first-quarter profit on Thursday and said it was on track to cut $3 billion (£2 billion) of costs by the end of 2019. The world's largest generic drugmaker earned 60 cents per diluted share excluding one-time items in the January-March period, down from 94 cents a year earlier. Revenue fell 15 percent to $4.3 billion, mainly due to generic competition to Teva's multiple sclerosis drug Copaxone and a decline in revenue from respiratory products and its U.S. generics business. Analysts had forecast Teva would earn 58 cents a share ex-items on revenue of $4.38 billion, I/B/E/S data from Refinitiv showed. Teva has reduced its spend base by $2.5 billion since initiating a restructuring plan in 2018. CEO Kare Schultz said the company was on track to cut $3 billion in spending by the end of this year while continuing to lower debt.
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prediction
|
www.euronews.com
|
https://www.euronews.com/2019/05/02/israels-teva-pharm-first-quarter-profit-falls-slightly-less-than-forecast
|
Yahoo!'s premium services include email forwarding, personals, extra storage and digital subscriber line (DSL) access with SBC Communications. "We are stronger and smarter and more well-prepared to meet the challenges ahead," he told investors. Yahoo! has seen its fair share of hard times caused by the dot-com bust. The company's total revenue dropped from $1.1bn in 2000 to $717.4m in 2001. For this year, Yahoo! expects revenue to reach between $930m and $955m. Key to Yahoo!'s turnaround plan is revenue diversification, which largely centres on moves to increase its number of paying subscribers. The centrepiece of this plan is its effort to partner with broadband access providers. Under one deal in the US with SBC, Yahoo! gives the company's DSL subscribers access to a smattering of paid services and a souped-up version of its web page. In return, SBC gives Yahoo! a cut from each monthly bill. Yahoo! also gets a cut from existing SBC DSL subscribers who switch to the co-branded service.
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prediction
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www.zdnet.com
|
https://www.zdnet.com/home-and-office/networking/yahoo-things-are-looking-up-ceo
|
Mr Dunkerton, who returned to run the brand last year after a boardroom battle, wants to reduce discounting and freshen Superdry's designs. The autumn and winter range is the first collection under his full control since he returned. There's a downside to the move away from discounting - the company cited that as a reason why total revenue fell about 19 per cent last year. In August, Superdry secured new lending and extended payment terms in a move to give it more time to carry out its turnaround. Shares in Superdry fell as much as 7.8 per cent early on Monday. They are down more than 70 per cent since the start of the year. BLOOMBERG
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not-prediction
|
www.businesstimes.com.sg
|
https://www.businesstimes.com.sg/consumer/superdry-co-founders-turnaround-efforts-hit-by-pandemic
|
Tesla Model 3 Performance VS. BMW M3: 'It's Staggering' Dealers Ignore VW, Slap $15,000 Markups On The ID. Buzz The Base Tesla Model Y Lease Price Is Now The Same As The Base Model 3 Mercedes Reinvents Brakes For EVs, Puts Them Inside The Drive Unit Hertz's Tesla Fire Sale Continues As Depreciation Costs Mount Mercedes Wants EV Battery Packs With Both NMC And LFP Cells The Best Tesla Alternatives In 2024
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not-prediction
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insideevs.com
|
https://insideevs.com/news/380753/tesla-sentry-mode-hit-run-china
|
But the company is also contending with increased competition from players like PDD Holdings, owner of Pinduoduo and Temu, and ByteDance, parent company of TikTok and its Chinese equivalent Douyin.
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not-prediction
|
finance.yahoo.com
|
https://finance.yahoo.com/news/alibaba-wakes-competition-pdd-bytedance-043157334.html
|
Banco do Brasil SA (BBAS3.SA) has offered extensions on 11.6% of its portfolio, while Banco Bradesco SA (BBDC4.SA) has done so on 12.75%. Executives have declined to make firm predictions for future losses. They have said defaults may be smaller than initially feared, pointing to preliminary signs the Brazilian economy could recover. Still, bank CEOs speaking in conference calls over the past two weeks were unanimous in predicting that 90-day default ratios would spike by year-end or the beginning of 2021, when the forbearance periods end. The ratio stands at around 3% for the country's biggest lenders. They were divided over how bad things could get, with Itau's CEO Candido Bracher expecting default ratios to reach all-time highs, while Bradesco's CEO Octavio de Lazari said in an interview it is likely to be around 3.7%. "Loan delinquency rates are likely to be worse than in previous crises, but recovery should also be faster," said Goldman Sachs' equity analyst Tito Labarta.
|
prediction
|
nykdaily.com
|
https://nykdaily.com/2020/08/brazils-biggest-lenders-delay-44-billion-in-loan-for-consumers-companies
|
These initiatives include structural and operating realignment across the company, alongside reductions in headcount, operating expenses and capital expenditures. As a result of these actions, the company recognized $2.8 billion in restructuring charges in Q3 2024, $528 million of which are non-cash charges and $2.2 billion of which will be cash settled in the future. Intel's third quarter results were also materially impacted by the following charges: The restructuring charges of $2.8 billion and the asset impairment charges, including the allowance against our deferred tax assets, and accelerated depreciation of $15.9 billion increased GAAP loss per share attributable to Intel by $3.89. The restructuring charges, impairments of goodwill and intangible assets, and deferred tax asset valuation allowance had no impact on non-GAAP loss per share attributable to Intel.
|
not-prediction
|
www.stocktitan.net
|
https://www.stocktitan.net/news/INTC/intel-reports-third-quarter-2024-financial-knjhoqlohr8j.html
|
At first-quarter report time in May, HSBC was upbeat. Although revenues and profits fell compared to a year previously, chief executive Stuart Gulliver did say that " Whilst revenue was lower than the previous year's first quarter, which benefited from a number of specific items, we have seen progress in revenue over the trailing quarters. Loan impairment charges fell, reflecting the changes to the portfolio since 2011 ".
|
not-prediction
|
www.fool.co.uk
|
https://www.fool.co.uk/2014/06/11/why-hsbc-holdings-plc-is-so-cheap
|
Net loss attributable to Teva and loss per share in the first quarter of 2024 were $139 million and $0.12, respectively, compared to net loss attributable to Teva and loss per share of $220 million and $0.20, respectively, in the first quarter of 2023. The lower net loss in the first quarter of 2024 was mainly due to higher net loss attributable to non-controlling interests, higher gross profit and lower legal settlements and loss contingencies, partially offset by higher other asset impairments, restructuring and other items, as discussed above.
|
not-prediction
|
www.benzinga.com
|
https://www.benzinga.com/pressreleases/24/05/b38695507/teva-reports-first-quarter-2024-financial-results-and-reaffirms-2024-financial-outlook
|
The shaky economy has taken a toll on one of the hottest startups in Silicon Valley, where Tesla Motors chairman and chief investor Elon Musk has taken over as CEO, laid off employees and delayed production of the company's promised electric sedan in a scramble to save cash. The shakeup is "a strategic response to the liquidity crunch" that will see the electric car company downsize its operation and "focus on our two revenue-producing business lines" — producing the battery-powered Roadster sports car and selling electric drivetrains to other automakers, Musk wrote on the company's blog. "Our goal as a company is to be cash-flow-positive within six to nine months," wrote Musk, who has invested some $55 million in the company. "To do so, we must continue to ramp up our production rate, improve Roadster contribution margin and reduce operating expenses."
|
prediction
|
www.wired.com
|
http://www.wired.com/2008/10/layoffs-and-new
|
NEW YORK ( TheStreet ) -- Fannie Mae and Freddie Mac's never-ending bailout was considered the dumbest thing on Wall Street this week by readers of TheStreet. As of late Friday, about 38% of the more than 215 readers that took our poll thought that the government's plan to give Fannie Mae and Freddie Mac more bailout money is a particularly bad idea. On Thursday, the government announced that the estimate for the Fannie and Freddie bailout would more than double the original bailout package in the next three years, possibly reaching as much as $215 billion. The White House spent the week touting the success of the Troubled Asset Relief Program, or TARP, projecting losses would come down to $50 billion, down from a previously estimated $341 billion earlier this year. Unfortunately, while TARP costs go down, the cost of keeping Freddie and Fannie solvent is skyrocketing.
|
prediction
|
www.thestreet.com
|
https://www.thestreet.com/story/10897542/1/dumbest-of-this-weeks-5-dumbest-the-never-ending-fannie-freddie-bailout.html
|
Meta Connect 2025 is shaping up to be a pivotal moment for the AI wearables industry. With the introduction of display-equipped smart glasses and advanced control mechanisms, Meta is positioning itself at the forefront of the next wave of personal AI technology. However, the success of these innovations will depend on their real-world performance, user adoption, and Meta's ability to address ongoing concerns about safety and privacy.
|
prediction
|
theoutpost.ai
|
https://theoutpost.ai/news-story/meta-connect-2025-unveiling-the-future-of-ai-driven-wearables-and-smart-glasses-20201
|
Shaken investors wiped out nearly a quarter of the value of Apple Computer's shares yesterday, a day after the troubled personal computer maker announced its largest quarterly loss ever and an expensive restructuring plan. Apple shares plummeted $8.25, or 23 percent, closing at $27.50 in Nasdaq trading on volume of almost 19 million shares. Other technology stocks also fell, dragging down the stock markets. [ Page 36. ] Apple's shares now trade at less than half their January price of around $65 each. Some analysts said they expected the stock to remain below $30 for some time. The rout came after Apple on Thursday disclosed the magnitude of its problems, reporting a much bigger quarterly loss than expected and a restructuring that will include the planned layoff of 2,500 employees and consolidation into four business units.
|
prediction
|
www.nytimes.com
|
http://www.nytimes.com/1993/07/17/business/company-news-apple-stock-is-hammered-for-23-loss.html?src=pm
|
While Genting Singapore, which operates Resorts World Sentosa and the Universal Studios theme park in Singapore, remained in the black in 2020, net profit tumbled to S$68.5 million ($51.5 million) from S$688.7 million the previous year. Earlier this month, it reported a 26% decline in first quarter net profit as the city-state reported a renewed spike in Covid-19 infections.
|
not-prediction
|
www.forbes.com
|
https://www.forbes.com/sites/jonathanburgos/2021/05/24/malaysian-billionaire-lim-kok-thays-genting-hk-eyes-asset-sales-amid-losses/?sh=733603b6408d
|
Dave Ward, the CWU's deputy general secretary, said: "The Royal Mail share price has soared further today, bringing more proof that the company was undervalued by the government's City mates. "The taxpayer has lost over £1bn already in this bungled fire sale of a cherished national institution. Postal workers cannot trade their shares for three years and they are far more concerned about their jobs than the share price.
|
not-prediction
|
www.theguardian.com
|
https://www.theguardian.com/uk-news/2013/oct/15/royal-mail-moya-greene-protection-strikes-share-trading
|
Six Flags announced Saturday that it has filed for Chapter 11 bankruptcy protection, dealing at least a public relations blow to Redskins owner Daniel Snyder, who took control of the theme park operator in December of 2005. In its bankruptcy filing and in a letter to employees, the company cited more than $2 billion in debt that it has been unable to pay down or refinance. All theme parks will remain open. SEE RELATED: Snyder's Red Zone LLC investment company had been a major investor in Six Flags until 2005, when it took control of the company in a proxy battle, claiming that it could turn around the struggling business. Under Snyder and his right-hand financial man, Six Flags CEO Mark Shapiro, the company's finances did improve in some areas but attendance dropped as the economy went south. To make matters worse, it became harder and harder for Six Flags to refinance its heavy debt. Six Flags was due to owe $300 million in August and wanted to refinance it but simply couldn't.
|
not-prediction
|
www.washingtontimes.com
|
http://www.washingtontimes.com/blog/sportsbiz/2009/jun/14/six-flags-and-the-redskins
|
MBIA and Ambac, the top two bond insurers, said they won't seek to raise new capital to save their insurance units' AAA ratings, after Moody's said it would likely downgrade the bond units' credit ratings yesterday. The two firms have raised a combined $4.1 billion in the last six months to stave off downgrades, as a surge in mortgage defaults threatened to drain the insurers' capital reserves. "The disconnect between the market's perception and the rating agencies' assigned ratings has finally become an elephant in the room too big to ignore," said Gimme Credit analyst Kathleen Shanley. ( Bloomberg ) A credit downgrade would likely cripple the insurers' ability to write new business. ( Reuters )
|
prediction
|
theweek.com
|
https://theweek.com/articles/514600/bonds-away-telecom-talks
|
These results included $34.2 million of net after tax charges, comprised of $18.2 million of Pura Vida goodwill and intangible asset impairment charges, $5.0 million of severance and stock-based retirement compensation retirement charges and other employee costs, $4.7 million of inventory adjustments associated with the exit of certain technology products and the write-off of excess mask inventory, $3.0 million of consulting and professional fees primarily associated with cost savings initiatives and the CEO search, $1.3 million of intangible asset amortization, $1.0 million of store and right-of-use asset impairment charges, $0.7 million of purchase order cancellation fees for spring 2023 goods, and $0.3 million of goodMRKT exit costs. On a non-GAAP basis, Vera Bradley, Inc.'s consolidated net income for the nine months totaled $2.6 million, or $0.08 per diluted share. For the prior year nine months, Vera Bradley, Inc's consolidated net income totaled $12.7 million, or $0.37 per diluted share.
|
not-prediction
|
www.globenewswire.com
|
https://www.globenewswire.com/news-release/2022/12/07/2569245/17650/en/Vera-Bradley-Announces-Third-Quarter-Fiscal-Year-2023-Results.html
|
Outgoing Health CS Deborah Barasa accompanied by Medical Services PS Harry Kimtai (left) while reading a press statement during the official handover to the newly appointed (right) Cabinet Secretary for Ministry of Health Aden Duale at Afya House on April 1, 2025. [Standard, Kanyiri Wahito]
|
not-prediction
|
www.standardmedia.co.ke
|
https://www.standardmedia.co.ke/health/health-science/article/2001515303/duale-pleads-for-3-weeks-to-address-staff-demands
|
Piraeus' greater difficulties raising capital may have been less due to a botched process than an unexpectedly high capital shortfall calculated by the ECB in stress tests published in October, higher than any other Greek bank. It had to raise more than twice as much as Alpha Bank or Eurobank. The capital shortfall at National Bank of Greece was disproportionately large too, although it had the benefit of an imminent sale of just under 100% in a crown jewel banking asset.
|
not-prediction
|
www.euromoney.com
|
https://www.euromoney.com/article/b12knz3sgmj9zk/piraeus-debacle-stokes-fears-of-intervention
|
China's property developers have had to live with a liquidity crunch since Beijing started a crackdown on the sector mid last year. As a result, major home builders such as China Evergrande Group, Fantasia, Modern Land and Kaisa Group Holdings defaulted on offshore debt last year. And others, such as China Aoyuan Group and Yuzhou Group, have joined this list in 2022.
|
not-prediction
|
www.scmp.com
|
https://www.scmp.com/business/article/3168559/hsbc-standard-chartered-hang-seng-bank-and-bea-last-year-set-aside
|
AMC Entertainment ( AMC ) shares slumped lower Friday after the struggling movie theatre company warned that it needed at least $750 billion in additional funding in order to avoid bankruptcy next year. Around 70% of AMC's 594 U.S. theaters are running with limited capacity, owing to the coronavirus pandemic, AMC said in a Securities and Exchange Commission filing, and the group only has enough cash to continue operating through to the end of January. It had $320 million in cash as of November 30, down from $417.9 million on September 30. AMC said it is exploring financing alternatives, including an at-the-market sale of 178 million shares, but needs around $750 million of additional liquidity in order to remain viable through the whole of 2021, noting that, given the uncertainty about its ability to raise additional liquidity "substantial doubt exists about the company's ability to exist as a going concern".
|
prediction
|
www.thestreet.com
|
https://www.thestreet.com/investing/amc-warns-on-liquidity-disney-warner-brothers-focus-online
|
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