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Feds commit $50 million to for-profit nuclear fusion ventures

A photo shows the coiling facility for the construction of poloidal field coils that will be part of the magnetic system that will help confine and model the plasma as the assembly stage of the ‘Tokamak’ nuclear fusion machine is launched from the International Thermonuclear Experimental Reactor (ITER) in Saint-Paul-les-Durance, southeastern France, on July 28, […]

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As newspaper circulation plummets, does the not-for-profit model offer a solution to avoid printing

Circulation numbers for central Illinois newspapers appear to be plummeting. Retired Western Illinois University columnist and journalism professor Bill Knight has opined on the matter in this month’s Community Word journal. He cited Illinois Press Association circulation figures taken from annual ownership declaration forms that newspapers file with the U.S. Postal Service. Knight said most […]

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JD Sports profit tumbles amid rising inflation, supply chain issues

JD Sports’ pre-tax profits were £298.3m in the period, down 18% from £364.6m the previous year. Photo: Press Association J.D. Sports (JD.L) saw its shares fall more than 4% in London after reporting a drop in first-half profits. The sports retailer blamed rising inflation and supply chain issues affecting international brands, which led to lower […]

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Would you sell your data for profit? Nearly 50% of Americans said they

You might take your online privacy very seriously. You always connect to one of the best VPN services when surfing the net. Likewise, you have also read the terms and conditions carefully before clicking on the “Accept” button. You can even customize your smartphone and app settings to make sure they save as little information […]

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Barcelona expect 274 million euros in profit this season

Barcelona profit forecast 2022-23: Barcelona said it recorded a profit of 98 million euros ($98.27 million) for the 2021-22 financial year and expects… Barcelona earnings forecast 2022-23: Barcelona said they recorded a profit of 98 million euros ($98.27 million) for the 2021-22 financial year and expect a profit of 274 million euros for this season. […]

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Redington slips on profit booking; up more than 35% in three months

Redington lost 0.38% to Rs 156.60 as the meter recorded some profit bookings after advancing in the past two sessions. In two sessions, the stock had gained 5.4% to end at Rs 157.20 yesterday, compared to its recent closing low of Rs 149.20 recorded on September 13, 2022. Over the past three […]

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How Avaya APJ’s chain manager aims to put profits in the back pockets of ‘partners’

Miles Davis (Avaya) 1 credit Miles Davis has been with Avaya — and in the Asia-Pacific (APAC) region — for less than a year, but already has big plans for the future of the provider’s channels. Returning to Australia after 16 years in Canada, Davis spearheaded Avaya’s channel strategy and partnerships in the region, as […]

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FedEx Issues Massive Earnings Warning As Global Volumes Plunge By Investing.com

© Reuters. FedEx (FDX) Issues Massive Earnings Warning As Global Volumes Plunge By the Investing.com team FedEx Corporation (NYSE:) warned for the first quarter and withdrew its guidance for the year, sending the stock down 11% after hours. The delivery giant said it expects non-GAAP first-quarter EPS of $3.44, down from $4.37 last year and […]

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History Will Be Kind bolsters its travel and nonprofit offering with two new hires

The creative communication agency History Will Be Kind has hired two new talents to strengthen the agency’s travel and third-sector offer. The announcement: Award-winning creative communications agency History Will Be Kind (HWBK) welcomes two new team members to help strengthen the agency’s travel and third sector offering. In the role of Senior Account Director, Lizzy […]

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Non-profit climate accelerator Subak seeks £20m

Non-profit climate accelerator Subak has revealed it has started its new funding round and is aiming for £20million. The capital acquired will be used to grow the accelerator to eight sites on six continents by 2025 and Subak’s grant technology platform. Subak was launched last year by lead author of the UK climate change law, […]

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When private profit meets public education

Education technology is a booming business, from online videos to anti-cheat software. But what are the risks of digital companies operating in schools? “Schools have operated more or less the same way for a hundred years. It’s a perfect example of an old-school model,” says Dave Cameron, seeming not to notice the pun. Cameron, the […]

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Twitter executives prioritized ‘profit over safety,’ congressional whistleblower says

The former head of security twitter.com told Congress that the social media platform is plagued by weak cyber defenses that leave it vulnerable to exploitation by “teenagers, thieves and spies” and put the privacy of its users at risk. Peter “Mudge” Zatkoa respected cybersecurity expert, appeared before the Senate Judiciary Committee on Tuesday to lay […]

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Choice Hotels Introduces “Your Key to Profit” Resource for Franchise Owners

Rockville, Md., September 13, 2022 /PRNewswire/ — Choice Hotels International, Inc. ( New York stock market : CHH),–one of the world’s largest lodging franchisors, is building on its longstanding commitment to increasing owner profitability with a free resource for its hotel owners: Your key to profit. Launching in Q4 2022, the new platform will centralize […]

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Profit Singularity Ultra Edition review: Everything you need to know before buying

Earning money has long been a topic of discussion, and the many money-making strategies have been discussed many times on various platforms and media. However, the possibility of earning money is so wide that most individuals do not fully understand their potential or the potential opportunities to earn money. [Case Study] Cole made $4.5 million […]

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A case of exploding tomatoes

The extreme fluctuations in the prices of tomatoes among other food staples over the past few weeks have caused a strange kind of panic. Yesterday the price of tomatoes was Rs330 in my area, Defense Phase 6, Karachi. Last week, it rose to Rs 550 per kilo almost everywhere in the city. Meanwhile, when I […]

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UK gas owner Centrica will voluntarily cap profits to cut energy bills

Britain’s biggest energy supplier, Centrica, plans to voluntarily cap its profits in a bid to cut household bills, The Guardian newspaper reported on Saturday, citing chief executive Chris O’Shea. O’Shea said he wanted British Gas owner Centrica to become the first company to sign new, renegotiated contracts with the government for its power generation, the […]

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Google-Amazon puts profit before principles

The crackdown on tech workers opposed to Project Nimbus shows why the Google-Amazon contract with the Israeli government is a threat to everyone’s freedom of expression and further undermines Palestinian rights and freedoms, writes Mona Shtaya. Project Nimbus, a $1.2 billion deal Google and Amazon have with the Israeli government and military, will provide them […]

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Customs Street Shells 0.69% on Sustained Profit Taking

By Dipo Olowookere The main performance indicators of the Nigerian Stock Exchange (NGX) remained bearish on Tuesday after a 0.69% loss influenced by persistent profit taking in the banking sector. Inflationary and other pressures are forcing investors to rebalance their portfolios as they struggle to adjust to new realities. Yesterday on Customs Street, the banking […]

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Looking to earn massive profits in today’s crypto market? Try Big Eyes Coin, Binance Coin and Chainlink

Close up photo of bitcoin crypto currency in the dark Big names are appearing on the cryptocurrency radar, and buyers are ready to buy crypto, but there are many cryptocurrencies, and buying the right one is a big hurdle. This is where Big Eyes Coin (BIG), Binance Coin (BNB), and Chainlink (LINK) come in. Their […]

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Feed3 brings innovation that could lead to 1000x profit compared to what Litecoin and Polygon can provide

Cryptocurrencies were introduced out of a desire to innovate, transform the financial industry, and bring power back into the hands of the people. Innovation within decentralized finance (DeFi) continued in the years that followed with the creation of cryptocurrencies like Litecoin (LTC) and Polygon (MATIC) to fill gaps and improve the industry. Another cryptocurrency wants […]

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NDTV posts highest profit ever in a decade, Roys says in FY22 annual report

Media company New Delhi Television (NDTV) posted its highest ever consolidated profit at group level in more than a decade for the financial year 2021-22 (FY22), co-chairmen Radhika Roy and Prannoy Roy said in the company’s latest annual report. Speaking to shareholders, the Roys, founder-promoters of NDTV, said the company had become financially strong […]

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People Before Profit loses ownership plot! – Connacht Grandstand – Galway City Grandstand:

Bradley Bytes – a kind of political chronicle with Dara Bradley Robert Troy finally resigned as Minister of State last week following a series of damaging revelations about his failure to declare his land interests. When lawmakers fail to meet their obligations under the law and support legislation that could enrich them without declaring a […]

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Rapacious LA Vulture Capitalist Firm: Ruins Job, Communities for Profit

Real live vultures literally scavenge old bits of food as they circle the old loading docks of the stripped down and abandoned Hufcor factory in Janesville, Wisconsin, the factory whose 160 workers were victimized by OpenGate, a “private equity” based in Los Angeles practicing “vulture capitalism.” Hufcor is a perfect metaphor for this particularly rapacious […]

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Marketing Agency Amazon Profit Whales Delivers Custom Solutions for Ecommerce Brands Across Amazon and Beyond

Profit Whales offers custom Amazon advertising solutions and expert advice for e-commerce sellers to increase their sales on the Amazon platform. E-commerce businesses around the world recognize how important it is to establish a strong online presence. However, most e-commerce sellers don’t know how to push their brands forward. Platforms like Amazon allow businesses to […]

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How the for-profit marketing approach differs from a non-profit approach

It’s no secret that even non-profit organizations, just like their for-profit colleagues, have to use different, sometimes very similar, techniques and tools to achieve their goals, some of which are aimed at fundraising – for both types of organizations. But then you might wonder if there is a difference between them and the marketing approach […]

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NextDC’s profit rebounds to $9.1 million in black

Craig Scroggie (Next DC) Credit: NextDC Statutory net income fell from a loss of $23.6 million the previous year to $9.1 million in the black for NextDC at the end of fiscal 2022. Data center revenue jumped 18% to $291 million, while profit before tax (EBITDA) rose 15% to $153 million, with cash standing at […]

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Energy bills: British Gas’s 10% profit rebate called ‘token philanthropy’ as owner Centrica’s profits hit £1.3billion in six months

The £12million pledged by British Gas is around 1% of profits recorded in six months by the company’s parent company British Gas’s decision to donate 10% of its profits to customers struggling with rising energy costs has been described as “symbolic philanthropy” and sparked renewed calls for the nationalization of energy companies. The energy company […]

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Nine Entertainment Announces $315 Million Windfall Earnings and Buyout Plan

“We also found that at the household level, household balance sheets are quite strong. You have this environment where there’s this inflationary pressure – costs are rising in households, how is that impacting wages, and is this going to be a longer term inflationary period or is it a spike in inflation? But, ultimately, these […]

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ASX Xref Technology Share Rally for 834% Increase in Profits

Image source: Getty Images ASX technology stocks are significantly outperforming today with the S&P/ASX All-Tech Index (ASX:XTX) up 1.22% from a 0.58% gain posted by the Index of all ordinaries (ASX: XAO). But ASX technology shares Xref Ltd (ASX: XF1) charges significantly more, up 8.3% to 39 cents per share. This follows the release of […]

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Putting people above profit is this audio distributor’s secret to customer satisfaction

The first thing you see when you enter the headquarters of audio distributor TC Acoustic in Paya Lebar are these three words, in the form of a wall-mounted light panel almost 2 m long: Everyone’s Favorite Company. And everyone, says Managing Director Christian Honegger, refers to all stakeholders – from customers to employees to industry […]

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Emirates Global Aluminum first-half profit jumps nearly 250% to $1.6 billion

Emirates Global Aluminium, one of the world’s largest aluminum producers, said on Tuesday that first-half net profit jumped nearly 250% to 5.9 billion dirhams ($1.6 billion) thanks to to higher prices and operational efficiency. Net profit increased from MAD 1.7 billion in the first half of last year and exceeded net profit for the whole […]

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Net profit: Stefanos Tsitsipas sinks Daniil Medvedev to reach first Cincinnati final | ATP circuit

Want to blunt Daniil Medvedev’s dazzling defense in depth? The tactic of choice is seemingly simple – going to the net – but it’s much easier to plot than to execute against the world No.1. Stefanos Tsitsipas used old-school strategy to great effect in a semi-final win on Saturday at the Western & Southern Open. […]

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Cybersquatting for politics, not profit

“We’ve seen domain names change hands for extraordinary amounts of money.” Australian security researcher Troy Hunt. Buying and selling domains based on common words or phrases is big business. Famously Sex.com sold for $13 million ($11.7 million) in 2010, and was the most expensive domain sale of all time at the time. Elon Musk claims […]

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Virtual Wall Gets IRS Approval as a 501(c)(3) Non-Profit, Tax-Exempt Public Charitable Organization

‘THE NURSES WALL’ – a virtual gift from a grateful public to the world’s frontline nurse heroes, and commemorating the 3,000 ‘lives of nurses lost during the ‘battle of Covid-19’ IT’S BUILT. LET’S FILL IT NOW… Pamela Jane Nye, CEO/Neuroscience Nursing, Ltd; Founder/CEO/Exec. director of the nonprofit Operation Scrubs, Inc.; aka: “The Vaccinator” Operation Scrubs […]

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How Construction Mapping Software Increases Profit Margins

Illustration: © IoT for all With $30 trillion in projected spending by 2030, declining project productivity and adoption of low-tech, the construction industry needs a technological overhaul. From small portable devices to enterprise software, there is a wide range of technology options available to modern construction organizations, including construction mapping software. This article will focus […]

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The family that exploited Pentagon data for profit

While the two sat down for lunch, Botha delivered Posey a shopping list of technical data and manuals that Newport Aeronautical needed to procure. The South African would eventually order documents related to a range of components, including power units for the C-130 transport aircraft and, an old favourite, General Electric jet engines. Some of […]

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Data Annotation Tools Market Growth, Share, Size and Profit to See

Polaris Market Research presented the Quantifiable Survey of Data Annotation Tools Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2030, along with Market Dimensions and Outlook . The report offers a recent overview of the market along with the valuation and dimensions. The report has been crafted with the help of in-depth […]

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Q2 2022 Target Earnings (TGT): Earnings drop nearly 90%

FILE PHOTO: Shoppers walk out of a Target store during Black Friday sales in Brooklyn, New York, U.S. November 26, 2021. Brendan Mcdermid | Reuters Target said Wednesday its quarterly profit fell nearly 90% from a year ago as the retailer acted on its warning that heavy markdowns on unwanted merchandise would weigh on its […]

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Lightning Rod Agency Reveals How It Helped Client Earn More Profit Through Simple, Strategic Adjustments

This woman-led business for female entrepreneurs helped an acclaimed romance and dating coach add $152,000 in profit to her bottom line in just a few weeks. Lightning Rod Agency, a strategy consulting agency, shares how they helped one of their clients close their launch with a 25% increase in sales and a 660% ROI. The […]

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Profit taking at round levels in Bitcoin and Ether

Market picture Bitcoin is up 5.8% over the past week to near $24,300. Ethereum jumped 14.3% to $1970. Top altcoins showed less consistent performance, ranging from -2.3% (BNB) to +12.8% (DogeCoin) over the previous seven days. The total crypto market cap rose 5.7% over the week to $1.18 trillion, according to CoinMarketCap. The Bitcoin Dominance […]

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This black-owned nonprofit tech organization aims to promote black ingenuity and create a better future for African Americans

Minor-this is the logo. Minor-IT, a 501(c)3 nonprofit organization, seeks to foster change for African American and Black minority students by increasing their access to IT careers. LOS ANGELES, CALIFORNIA, USA, August 14, 2022 /EINPresswire.com/ — By providing personalized educational resources, training, and mentoring, Minor-IT, a Black-owned 501(c)3 technology nonprofit, offers African American and Black […]

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Seaboard milling unit profits up in the quarter

MERRIAM, KANSAS, USA – Seaboard Corp. posted operating profit of $30 million in its Commodity Trading and Milling (CT&M) segment during the second quarter ended July 2, up 88% from $16 million in the same quarter a year ago a year. Seaboard said the increase in operating profit primarily reflected higher margins on certain commodities. […]

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Energy companies profit not bad as bills soar: UK’s Truss

British leadership candidate Liz Truss, the favorite to become prime minister, said while the energy giants should be held to account, their profits should not be seen as dirty or bad. His comments came as analysts predicted a cap on most-used household energy bills could reach more than 5,000 pounds ($6,095.50) a year in 2023, […]

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Russian aluminum maker’s profits plummet as sanctions mount

Russian aluminum producer Rusal reported lower half-year net profit on Friday as Western sanctions over the Ukraine conflict and weak domestic demand took their toll. Rusal said in a statement that “increasing geopolitical tensions” and volatility in the markets “have negatively affected the activities of Russian companies in various sectors of the economy, which has […]

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Investors savvy to profit whether the stock market rebounds or not

The shares have risen enormously since the low. The SP500 has gained 13.88% since June 17. In August, the indices deviated sideways. On Wall Street, seasoned investors are expecting a two-way move. The shares have risen enormously since the low. The SP500 has gained 13.88% since June 17. In August, the indices deviated sideways. On […]

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Apple assembler Foxconn’s Q2 profit up 11.7%

Leading Apple assembler Foxconn reported an 11.7% rise in second-quarter net profit on Wednesday, according to Reuters calculations, beating market estimates. The logo of electronics contract manufacturer Foxconn Technology Group, formerly known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse Reuters: The Taiwan-based company, the world’s largest contract […]

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Bharti Airtel’s Net Profit Jumps 466% in Q1; Should You Invest in This 5G-Ready Telecom Stock?

Airtel shares today: Shares of Bharti Airtel were trading higher on Wednesday after the company announced its June quarter results. Consolidated net profit of telecom companies jumped more than 5.6 times year-on-year (YoY) to Rs 1,607 crore in the first quarter of FY23, driven by strong revenue growth and the addition of 4G customers. Airtel’s […]

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SBI posts 6.7% drop in first-quarter profit as tighter yields lead to cash losses

Mumbai: India’s largest lender, the State Bank of India (SBI), on Saturday reported a 6.7% year-on-year (year-on-year) drop in net profit for the June quarter to ₹6,068 crore due to market losses (MTM). The bank witnessed the loss of MTM from ₹6,549 crore in the three months to June as bond yields tightened in the […]

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Teckro joins the reforestation association “One Tree Planted”

LIMERICK, Ireland–(BUSINESS WIRE)–Teckro, creator of the only digitally interconnected clinical trial platform for real-time decision making at the point of patient care, today announced a partnership with One Tree Planted to support native reforestation in Ireland. Teckro will plant trees quarterly to celebrate new clinical research sites and live studies on the Teckro platform. “Working […]

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Shortfalls punished during a mixed start to the season

“Appen also pointed to a weaker global macroeconomic environment and slowing digital advertising spending as driving the downgrade, but that’s not something we’ve really seen reflected in the results of other companies. “Most of the smaller tech companies we see are trying to achieve positive cash flow, but it’s rare that we see a profitable […]

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At ₹282 crore, Manappuram’s Q1 net profit up 8%

Manappuram Finance Ltd reported a consolidated net profit of ₹281.92 crore in its first quarter results for FY23, an increase of 8% from the previous quarter. Compared to the corresponding figure of ₹436.85 crore for the first quarter of FY22, the profit is 35.46% lower. NBFC’s consolidated assets under management (AUM) for the first quarter […]

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Criteo sees a bump – in earnings, not revenue – and stands out in a weakened Ad Tech space

Faced with a potential global recession on top of a dreadful year for ad tech stocks, companies need to find comfort in small wins. Wednesday was one of those wins for Criteo, despite some worrying trends. The company reported second-quarter revenue of $495 million, down year-over-year from $551 million. But Criteo’s net profit fell from […]

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GAIL’s Q1 net profit jumps 91% to ₹2,915cr on trading margins

State gas utility GAIL (India) Ltd on Thursday reported a 90.5% jump in its June quarter net profit to ₹2,915 crore. The year-over-year profit increase was driven by exceptional profits from natural gas marketing. The company recorded a net profit of ₹1,530 crore for the period a year ago. Sequentially, the benefit was less than […]

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Google NZ figures show strong overall increase in profits

Google New Zealand Limited’s latest financial report revealed an increase in total overall profit of more than NZ$7 million. The report’s numbers for the year ending December 31, 2021 showed an increase of $7,243,067 from 2021. Total current assets also increased from $118,801,734 in 2020 to $140,668,866. in 2021. Total equity increased from the prior […]

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Najran profit drops 34% as revenue remains under pressure

Saudi Arabia’s Najran Cement Company’s gross profit fell 34% year-on-year, while operating profit plunged 52.3% year-on-year due to lower revenue and lower leverage. resulting operation in the second quarter of 2022. Gross margins fell to 28.5% for the second quarter of 2022 from 35.5% a year ago, according to Al Rajhi Capital Research. Revenues fall […]

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MTN Nigeria is now ‘osisi na ami ego’ as H1 2022 profits hit N181bn

Ego. Kudi. Oh wow. You Take Your Tongue – MTN Knows How To Develop It: “Multinational mobile telecommunications company, MTN, has announced that the company made a total profit of N181 billion for the first half of the year 2022. This profit, with an increase of 28%, was disclosed to be higher than the amount […]

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Bank Of Baroda Reports First Quarter Standalone Net Profit Of ₹2,168 Crore, NII Up 12%

State-owned Baroda Bank on Saturday reported a 79.3% year-on-year jump in its autonomous net profit to ₹2,168 crore in the April-June quarter of this year (Q1FY23) against a profit of ₹1,209 crore in Q1FY22. Net interest income (NII) increased by 12% for ₹8,838 crores in the quarter under review, boosted by fee income which climbed […]

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Sun Pharma Q1 results: net profit climbs to ₹2,060 crore, shares soar

India’s largest drugmaker, Sun Pharmaceutical Industries, on Friday reported net profit of ₹2,061 crores for the quarter ending June 30, 2022 (Q1FY23), beating the average profit estimate of ₹1,718 crore based on an analyst survey by Bloomberg. Supported by sales of its specialty treatments in the United States, total revenue from operations increased 10.73% year-on-year […]

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Cognizant profits rise on record revenue

Nasdaq-listed Cognizant Technology Solutions Corp. reported a 12.7% rise in net profit to $577 million for the June quarter, from $512 million a year ago, thanks to an increase 9.5% of its constant currency revenue over the prior year period to $4.9 billion. This marks the company’s fifth consecutive quarter of revenue growth and the […]

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Toyota supplier Denso’s Q1 profit drops 41% despite rising revenue

TOKYO — Japan Denso Corp.a supplier affiliated with Toyota Motor Corp.cut its operating profit forecast for the current fiscal year by 14%, expecting automakers to fall short of production plans. Friday, the world’s second largest automotive supplier, specializing in vehicle air conditioning, powertrains and automated driving systems lowered its operating profit forecast to 480 billion […]

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Vedanta sees QoQ decline in profits and revenue; stock ends in the green

Metals and mining giant Vedanta reported consolidated net profit of Rs 4,421 crore for the June quarter 2022, up 4.66% year-on-year (YoY). But that was lower than Street’s estimate of Rs 4,572 crore, according to Bloomberg. Sequentially, Vedanta’s net profit declined by 23.7% from Rs 5,799 crore. The company’s consolidated revenue for the first […]

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Pakistani bank Dbank secures backing from Sequioa in $17.6m seed round

LAHORE: Pakistani fintech Dbank, which aspires to become a digital bank, secured backing from Sequoia Capital, one of the world’s leading venture capital firms, in its seed round. Dbank today announced a $17.6 million fundraising round co-led by Sequoia Capital Southeast Asia and Kleiner Perkins, another well-known venture capital firm. Brazilian digital banking platform Nubank, […]

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Meta reports first drop in revenue and 36% drop in profits

SAN FRANCISCO — For years Facebook’s sales have risen flawlessly and continued to rise, defying the laws of gravity even as the company was rocked by scandals over privacy and misinformation. Not anymore. On Wednesday, Meta, the company formerly known as Facebook, recorded a 1% decline in quarterly revenue of the previous year. It was […]

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Bridgewater woman stole over $75,000 from NJ nonprofit

BRIDGEWATER — A 55-year-old Township woman has been charged with stealing more than $75,000 from a nonprofit while working there. Jolee Roberts was arrested at her home on July 20, after investigators discovered she cashed checks and used the organization’s credit cards for unauthorized purchases over a two-year period, while she was responsible for the […]

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Alphabet’s profits fell 14% in the second quarter

Google’s search engine business is showing resilience in the face of a slowing economy and rising inflation, but its other businesses have not been able to escape a slowdown in advertising in line. Google’s parent company Alphabet reported second-quarter net profit of $16 billion on Tuesday, down 14% from a year earlier, while revenue climbed […]

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Dow Jones falls as Walmart plunges in profit warning; Alphabet, Microsoft Earnings Due

The Dow Jones Industrial Average fell on Tuesday, as walmart (WMT) fell 8% after lowering its earnings outlook for the current quarter and year. Long-awaited tech giant earnings results Alphabet (GOOGL) and Microsoft (MSFT) must exit after the close. X Late Monday, chipmaker Apple NXP Semiconductors (NXPI) released strong second-quarter results, triggering a 2% rise […]

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July 25 live updates: Walmarts slashes profit forecast, Gazprom slashes Europe deliveries

Let the games begin. No, not the acrimonious tussle between the last two candidates in the Conservative Party leadership election – although you can watch that on the BBC on Monday. This week marks the start of the Commonwealth Games in the UK’s second largest city, Birmingham. The opening day of the international sporting festival […]

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Sergey Brin could make $100 million profit by selling Tesla shares

Sergey Brin, one of Tesla’s early investors, is set to sell his stake, The Wall Street Journal reported. He cashes in after Elon Musk allegedly had an affair with his wife. Musk denied this claim. Brin could pocket more than $100 million after investing more than $500,000 in Tesla ahead of its IPO. Loading Something […]

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Reliance warns of headwinds from global recession after shortfall

Reliance Industries Ltd. warned that a global recession could hurt oil refining margins, signaling the possibility of more pain to come after the owner of the world’s largest refining complex posted a lower-than-expected profit. “Recession fears are outpacing oil market fundamentals, driving down prices and margins,” Reliance deputy chief financial officer V. Srikanth said on […]

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4 valuable stocks that still profit in times of uncertainty

The Fed has yet to announce its next rate hike for July. Since inflation hit a record high of 9.1% in June, another A 75 basis point rate hike seems imminent. As a result, market volatility is commonplace, as evidenced by the 35.7% gains in the CBOE Volatility Index year-to-date. In such circumstances, value investing […]

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Tiso’s owner JD Sports is on track for a record profit

Register to our daily newsletter The sportswear and trainer chain, which has a majority stake in Scottish outdoor retailer Tiso, told shareholders ahead of its annual general meeting that like-for-like sales rose 5% in the five months to June, compared to the same period last year. year. As a result, its pre-tax profits for the […]

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Wipro’s Q1 net profit drops 21% to ₹2,563.6cr, misses Street estimates

Wipro Q1 results: Information technology (IT) giant Wipro on Wednesday reported a 20.94% year-on-year (YoY) decline in its consolidated profit after tax (PAT) at ₹2,563.6 crore (attributable to company shareholders) for the quarter ended June 2022 (Q1FY23). Wipro had published a consolidated PAT of ₹3,242.6 crores in the same quarter of the prior year. On […]

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Abortion-inducing corporations – Pro-woman or pro-profit?

It used to be sad enough that many companies covered abortion in their health plan, but now at least 56 companies have expanded their benefits to include abortion-related travel expenses. Following the Dobbs v. Jackson Women’s Health Supreme Court decision, several large employers announced travel reimbursements to states where abortion will remain legal, and the […]

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Latest News | Network18 Media Q1 Net Profit down 67.5 Pc to Rs 39.46 Cr; Turnover up by 10.3 pc to Rs 1,340 cr

New Delhi, Jul 19 (PTI) Network18 Media & Investments Ltd reported on Tuesday a 67.52% decline in its consolidated net profit to Rs 39.46 crore for the quarter ended June 30, 2022. The company had recorded a net profit of Rs 121.51 crore in the April-June period a year ago, Network18 Media & Investments Ltd […]

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Stocks climb on Wall Street as earnings reports arrive

The stock market had its best day in more than three weeks on Tuesday as more companies reported spring earnings. The Standard & Poor’s 500 rose 2.8% after a powerful tide lifted 99% of stocks in the index. The Dow Jones Industrial Average rose 2.4% and the Nasdaq Composite rose 3.1%. Small company stocks rose […]

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Business news live today: latest economic news, market news, economic and financial news

Search mutual fund quotes, news, net asset values HDFC Bank INE040A01034, HDFCBANK, 500180 CDS INE467B01029, SDC, 532540 Addiction INE002A01018, TRUST, 500325 Tata Steel INE081A01012, TATASTEEL, 500470 Tata Engines INE155A01022, TATA MOTORS, 500570 […]

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HDFC Bank Q1 Results: Net Profit Jumps 19% to ₹9,196,000,000; The NII increases by 14.5%

HDFC Bank First Quarter FY23 Results: HDFC Bank, the country’s largest private lender, on Saturday reported a 19% year-on-year (YoY) increase in net profit for the April-June quarter at ₹9,196 crore after providing ₹2,984.1 crore for taxation. HDFC Bank had posted a net profit of ₹7,729.64 crores in the prior year period. Net interest income […]

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TSMC shares rise as earnings rise more than expected

Shares of TSMC (Taiwan Semiconductor Manufacturing Company, Limited) jumped nearly 3.7% on Friday as the semiconductor manufacturing giant reported earnings. From 477.00 at the opening of the Taiwan Stock Exchange, shares of TSMC rose 17.5 points (3.68%) to post a stock price of 492.50 at the close of trading on Friday. According to the media, […]

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The best economist, usually a bull, sees an earnings squeeze and a recession

American businesses are starting to feel the pain of soaring prices, just as ordinary Americans did last year. For the most part, companies have been able to pass on their higher costs to customers. It changes. A squeeze on margins leads to a recession in earnings, as companies are forced to tighten their belts, just […]

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An equal number of DOGE holders are in profit and loss with 48% each, according to the data

The cryptocurrency Meme Dogecoin (DOGE) is struggling to replicate the success seen in the first half of 2021, a scenario that has impacted investors’ ability to profit from the token. Nevertheless, the number of DOGE holders making money as of July 14 is equal to those suffering losses. Based on the current DOGE price, holders’ […]