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...Peloton said the plan would result in annual cost savings of more than $200mn by the end of its 2025 fiscal year....
...This would be JAL’s first time since fiscal 2018 at that level. It is working to expand group-wide international capacity, with North America one of its focus areas....
...“Wide fiscal deficits and rising government debt in recent years have eroded fiscal buffers from a ratings perspective,” it added. China’s finance ministry hit back at the downgrade....
...Spirit declined to offer guidance for fiscal 2024, but said it expects to build about 31 737 Max fuselages each month for the rest of the year....
...The one thing they haven’t tried [is] fiscal stimulus. Since then, we’ve seen more fiscal support....
...Analysts expect revenue growth of 12 per cent this fiscal year to July, followed by 13 per cent in the following two. But making money from AI could prove to be easier said than done....
...Perhaps a divided Congress could block fiscal expansion....
...The surge in stock trading in its final fiscal quarter helped Nomura increase annual profits for the first time since Kentaro Okuda took over as chief executive in 2020....
...In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D....
...In the last fiscal year, R&D costs were equal to 7.8 per cent of revenue, up from 3.3 per cent in 2014. But it has not been willing to fund a new supply chain for mass car production....
...Japan racked up nearly 200 in the past fiscal year, a record. Divvying up shares into smaller bites has zero impact on fundamentals and does nothing to alter value....
...More than 15 per cent of its total sales, or $100bn, came from online channels in its past fiscal year, compared with $10bn a decade ago....
...The world’s largest money manager reported a 36 per cent year-on-year jump in net income to $1.57bn in its fiscal first quarter, on an 11 per increase in revenue to $4.7bn....
...Outside of the US, China is both Apple and Tesla’s single-largest market, respectively contributing 19 per cent and 22 per cent of total revenues during their most recent fiscal years....
...While China is Tesla’s single-largest market outside of the US, the country contributed 22 per cent of its total revenues during its most recent fiscal year....
...The soaring cost of the Trans Mountain project, worsened by supply chain bottlenecks, wildfires along its route and inflation, heightened frustrations among climate activists and fiscal hawks....
...Walkers also contend that the products should be zero-rated under the principle of fiscal neutrality....
...complaint, where you’ll find a small but telling paragraph: While Apple’s anti-competitive conduct arguably has benefited its shareholders to the tune of over $77 billion in stock buybacks in its 2023 fiscal...
...In every quarter of the past fiscal year, Apple has reported a decline in sales. It is the company’s longest losing streak in decades....
...The company’s net revenue declined 0.5 per cent year on year to $27.8bn in the fourth quarter, a figure that included the effects of an extra week in fiscal 2022 and foreign currency exchange fluctuations...
...However, revenue is forecast to drop 3 per cent in fiscal 2023 year as global demand for new smartphones slows. VR headsets are not expected to make up for this decline....
...Public investment for public infrastructure ownership seems beyond the pale: one after another, politicians, even in rich countries, have lined up to rule out significant fiscal expansion....
...The $2bn it spent on interest expenses in the fiscal year contributed to the $74mn net loss....
...PulteGroup announced on an earnings call on Tuesday that it expects to deliver fewer homes than it had expected for the fiscal year due to higher interest rates....
...On Saturday he emphasised that the “extreme fiscal conservatism” that has long been a guiding principle of the conglomerate would undoubtedly persist....
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