Trump Narrowly Leads Biden In Latest Poll As Margin Slims
The margin between former President Donald Trump and President Joe Biden is growing more narrow, according to a New York Times/Siena College poll released on Saturday. Trump holds a one-point lead over…
‘Future Democrats Of America’: Fox Business Guest Says Dems Using Border Crisis To ‘Import Their Future Margin Of Victory’
‘Future Democrats Of America’: Fox Business Guest Says Dems Using Border Crisis To ‘Import Their Future Margin Of Victory’ Harold Hutchison on December 28, 2023 A Fox Business guest on Thursday accused…
Spirits giant Diageo seeks to sell beer portfolio on margin concerns- Axios
(Reuters) -Diageo is seeking to divest its beer portfolio on margin concerns, except flagship brand Guinness, Axios reported on Tuesday, citing sources familiar with the world’s largest spirits maker. The company is…
BA-owner IAG projects medium-term operating margin of 12%-15%
LONDON (Reuters) – British Airways-owner IAG on Tuesday said it would see a medium-term operating margin of 12% to 15%, while its outlook for the 2023 financial year remained unchanged after strong…
Germany’s Volkswagen shares tumble after margin downgrade
(Reuters) – Volkswagen shares fell to their lowest since April 2020 on Monday after the German carmaker cut its profit margin outlook for the current year, disappointing some investors. Blaming negative effects…
GM still struggling to build EVs, sees margin growth ahead for Cruise-CFO
(Reuters) – General Motors is still struggling to ramp up production of electric vehicles, a top executive said on Wednesday. Speaking at a J.P. Morgan investor conference, GM Chief Financial Officer Paul…
Will cost cuts help FedEx close margin gap with UPS?
By Priyamvada C (Reuters) – FedEx may see a profit boost from cost cuts undertaken last year, although its investors will be keen on knowing whether those actions have helped it catch…
Volkswagen aims for ‘margin parity’ on some EVs by 2025
By Victoria Waldersee and Joseph White MUNICH (Reuters) -Volkswagen Chief Financial Officer Arno Antlitz said on Wednesday rising battery material costs mean it will be 2025 before the automaker can build some…
TotalEnergies’ variable cost margin for European refineries jumps in the first quarter
(Reuters) – French energy company TotalEnergies’ variable cost margin for European refineries jumped to $87.8 dollar per tonne in the first quarter, the company said in a preliminary release of main indicators…
U.S. banks fallout will intensify margin headwinds for Aussie lenders, UBS says
(Reuters) – Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be squeezed by the fierce competition for…
DeSantis Leads Trump By A Large Margin In California As Primary Race Kicks Off: POLL
DeSantis Leads Trump By A Large Margin In California As Primary Race Kicks Off: POLL Bronson Winslow on February 24, 2023 Republican Florida Gov. Ron DeSantis holds a majority lead over former…
Nike sales may soar as discounts draw shoppers; margin squeeze looms
By Deborah Mary Sophia (Reuters) – Nike Inc is expected to report a big bump in second-quarter sales, as it offered deep discounts on its shoes and sportswear to keep the interest…
Musk’s bankers mull new Tesla margin loans to slash Twitter debt – Bloomberg News
(Reuters) – Billionaire Elon Musk’s bankers are considering providing the Tesla Inc Chief Executive Officer with new margin loans backed by the U.S. automaker’s stock to replace some of the high interest…
Ternium Q3 profit drops 84%, sees lower steel margin ahead
By Gabriel Araujo and Kylie Madry SAO PAULO/MEXICO CITY (Reuters) -Steelmaker Ternium reported an 84% drop in its third-quarter net income to $220 million on Thursday, hurt by lower realized steel prices…
China’s smaller banks cut deposit rates to ease margin pressure
BEIJING/SHANGHAI (Reuters) – A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based move since 2015 to ease pressure on…
Irn-bru maker warns of margin pressure as inflation soars
By Sinchita Mitra (Reuters) -The British maker of the orange fizzy drink Irn Bru on Tuesday flagged a hit to its second-half margins as it grapples with rising costs and consumers curbing…
Chile Rejects Leftist Constitution In National Vote By Wide Margin
Chile Rejects Leftist Constitution In National Vote By Wide Margin Arjun Singh on September 5, 2022 Chile rejected a proposed constitution in a national plebiscite on Sunday, one written primarily by left-wing…
GOP Rep Who Voted To Impeach Trump Ousted By Massive Margin
GOP Rep Who Voted To Impeach Trump Ousted By Massive Margin Sebastian Hughes on June 14, 2022 South Carolina state Rep. Russell Fry beat incumbent Republican South Carolina Rep. Tom Rice handily…
MicroStrategy says it has not received a margin call against loan
SINGAPORE – Software firm MicroStrategy said it has not received a margin call against its bitcoin-backed borrowing on Wednesday, and it has plenty of extra collateral to pledge if necessary. MicroStrategy borrowed…
Beijing’s drive for looser lending raises fears of bank margin squeeze
SHANGHAI – Beijing’s mandate to aid virus-hit sectors has left China’s banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by lenders will…
Musk looks to scrap Tesla margin loan with new Twitter funding – Bloomberg Law
(Reuters) – Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc to negate the need for a $6.25 billion margin loan linked…
POST-LEAK POLL: Enthusiastic Voters Support Overturning Roe By Huge Margin
The poll, taken after the leak of a Supreme Court draft decision that indicates the court could overturn the case, showed that 38% of those “happy” Roe could be overturned are “extremely…
Australian banks’ margin woes linger but rate hikes may lift view
By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in their upcoming results dented by growing competition, though the prospect of a…
Tesla’s lush profit margin raises sustainability doubts in Wall Street
By Akash Sriram (Reuters) – Tesla Inc’s eye-popping profit margin has raised doubts among Wall Street analysts if the company would be able to keep at it amid rising commodity costs and…
Nestle CEO says growth target conservative, margin more challenging
ZURICH – Nestle’s organic growth target of around 5% this year is “conservative” while the margin target has become more challenging due to inflationary pressures, the food group’s chief executive said on…
Shell blames oil, gas margin calls for billions in cash outflows
LONDON – Shell said on Thursday it diverted $7 billion of its cash flows partly to cover hefty oil and gas margin calls, becoming the first company to publicly acknowledge the pressure…
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