Category: News
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Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4
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Comcast (CMCSA) shares closed down nearly 10% Monday after Dave Watson, president and CEO of Comcast Cable, said the company expects the number of broadband subscribers to decline by more than 100,000 in the current quarter. Wall Street had expected the number of broadband subscribers to decline by about 63,300,…
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New sick pay rules risk dismissals as businesses grapple with Rayner’s reforms
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Angela Rayner’s proposed overhaul of workers’ rights could force employers to fire employees who fall ill for long periods, recruitment companies have warned, as companies face new cost burdens at a time when recruitment expenses are escalating. Under the government’s plans, employees will be able to claim Statutory Sick Pay…
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TransAlta Declares Dividends | Financial Post
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Article content CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) — The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) has declared a quarterly dividend of $0.06 per common share payable on April 1, 2025, to TransAlta shareholders. Corporation. Register at close of business on March 1, 2025. Article…
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Air Haifa to launch Athens flights
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Israeli airline Air Haifa will launch a new route between Haifa and Athens on Thursday, January 2. The airline will operate five weekly flights with round-trip fares of $348 in January, according to the company’s website. The company already operates three daily flights to Larnaca in Cyprus for $118 roundtrip…
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Why Investors Were Slamming the Phone Down on T-Mobile US Stock Today
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Statements made by the CEO of the company T-Mobile USA (NASDAQ: TMUS) Monday was not well received by investors. In the absence of any other market-moving news about their shares, they have resolutely traded out of the No. 3 mobile phone company. By the end of the day, its price…
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British retailer warns Reeves’s budget will deliver a £50m ‘punch in the face’
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Fraser Group has warned that Rachel Reeves’ budget will cost it at least £50m next year, likening the impact on retailers to a “punch in the face”. Michael Murray, chief executive of the British retail group, said the latest financial measures would force companies to cut costs and could damage…
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Privacy protection regulator aims to make directors more proactive
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“Given the rise in cyber-attacks and data security events, managers need to ensure that the company is prepared for events of this kind,” – warned the lawyer. Reuven Edelman, legal advisor to the Privacy Protection Authority, at a conference organized by the law firm Pearl Cohen Zedek Latzer Baratz. More…
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Ahead of Earnings, Analysts Say ‘Robust’ Costco May See Stock Split
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Lindsay Nicholson/UCG/Universal Images Group/Getty Images Costco Wholesale is scheduled to report earnings after the bell on Thursday as it opens its next fiscal year, with analysts expecting revenue and profits to rise. Most analysts tracked by Visible Alpha have a “buy” rating, but the average price target indicates they think…
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Reeves calls for ‘reset’ with EU to spur UK growth amid global trade tensions
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British Chancellor Rachel Reeves is set to call for a “reset” of economic ties between Britain and the European Union, arguing that closer ties would help break down barriers to trade and boost growth prospects for both sides. In the first speech by a British adviser to the Eurogroup since…
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Federal government to table fiscal update next week
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Breadcrumb links news economy Fears that Ottawa will not meet its pledge to keep the deficit below $40.1 billion Published on December 9, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Deputy Prime Minister and…
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Israeli climate tech startups meet French industrial giants
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If only it were up to the Dan brothers, Yossi and Andre, and their indefatigable small company challengeIsraeli technological innovation will be a major part of the French business stream. As we mentioned in previous articles, bringing giant companies from abroad to Israel during high-risk periods such as now presents…
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Why Nio Stock Surged Higher Monday
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Chinese electric vehicle (EV) maker. New (NYSE: NEO) It recently announced another strong month of vehicle deliveries. Last week’s announcement helped push Nio shares higher. But other news related to its local market and its latest luxury electric cars are attracting more investors today. Nio shares are up nearly 20%…
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UK job vacancies fall at fastest pace since pandemic as business mood darkens
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UK employers reduced recruitment efforts sharply in November, with job vacancies falling at their fastest rate since the start of the pandemic. New data from KPMG and the Recruitment and Employment Confederation (REC) reveals that demand for staff has fallen at a “sharp and accelerating pace”, indicating deepening labor market…
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Shekel starts week with more strong gains
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Bank Leumi: Hoping that uncertainty will subside, fundamental forces, such as the current account surplus, continue to support the appreciation of the shekel. The shekel is rising sharply today against the US dollar and against the euro. In the afternoon, the shekel fell against the dollar by 0.82% to 3.566…
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Stocks Waver as Geopolitics Temper China-Led Boost: Markets Wrap
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(Bloomberg) — U.S. stock futures struggled for direction, giving up short gains sparked by a monetary policy shift in China, as investors focused on escalating geopolitical risks and expectations of interest rate cuts in the U.S. and other major economies. Most read from Bloomberg Contracts on the Nasdaq 100 fell…
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Car finance crisis set to cost billions and dent investor confidence, warns Lloyds boss
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A worsening car finance crisis could deal a major blow to Britain’s economic prospects, according to the head of the country’s largest retail bank. Charlie Nunn, chief executive of Lloyds Bank, warned that uncertainty caused by the latest court rulings was undermining investor confidence and risking a multi-billion-pound claims storm…
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Thoma Bravo selling CyberArk stake for $370m
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The US investment firm became a party to the Israeli cybersecurity company’s interest earlier this year when it sold Venfai to it for $1.54 billion in a cash and stock deal. Share price Cyber arc (Nasdaq: CYBR) stock fell 1.3% on Friday after US investment fund Thoma Bravo offered more…
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Watch These GameStop Price Levels After ‘Roaring Kitty’ Post Ahead of Earnings Report
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Source: TradingView.com GameStop shares will likely remain in the spotlight on Monday ahead of the video game retailer’s eagerly anticipated earnings report on Tuesday and recent meme-based trading activity. The stock price formed a bullish engulfing pattern after a slight decline in above-average trading volume. Investors should monitor key general…
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British Firm Opens Innovative Facility in Central Asia, Led by Ovik Mkrtchyan
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British company GOR Investment has announced the launch of an innovative production facility in Central Asia. The new plant, located in Uzbekistan, will produce nanopowder of high-purity molybdenum trioxide. One of the project initiators, Technano Innovation, led by businessman Ovik Mkrtchyan, believes the project has the potential to boost demand…
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How should the opioid settlements be spent? Those hit hardest often don’t have a say
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Breadcrumb links PMN BMN Business Article writer: Associated Press Jeff Mulvihill Published on December 9, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content A new analysis finds that people with substance use disorder…