Hints and tips:
...But L3Harris’s smaller size and lack of overlap with its target may just allow the deal to get the greenlight for lift-off....
...Together, the duo announced revenues of $110.4bn, a combined growth of 33 per cent on last year’s third quarter, which helped lift US stock indices to record levels....
...Analysts reckon that up to a price of $18bn, a deal could lift earnings by a mid-single digit percentage from year three, with a return on capital above GSK’s average cost of capital from year four....
...Net income was lifted by the sale of about $850m of McDonald’s businesses in China and Hong Kong as the company shifts to a franchise model. Excluding that impact, diluted earnings were $1.76 a share....
...The S&P 500 and Dow clocked fresh record highs on Wednesday led by a rally in energy stocks and gains in financials that benefitted as the Federal Reserve signalled it could still lift rates one more time...
...Unilever is to launch a €5bn share buyback this year and lift its dividend by 12 per cent, reflecting a more aggressive policy towards borrowings....
...DR Horton revealed a bigger climb in its quarterly profits than expected on Tuesday, lending a lift to the homebuilder sector....
...Andy McDonald, Middlesbrough’s MP, described the latest news, which was triggered by the need to make changes to a sister plant, as “another industrial catastrophe and personal disaster for hundreds of families...
...“Coding is like writing, and we live in a time of the new industrial revolution....
...The Myanmar authorities have launched plans for a network of industrial zones, in the hope of fuelling a boom....
...10 lifts demand....
...Only 6.6 per cent of private sector workers belong to a union. Even in the old industrial Midwest, the movement is losing its appeal....
...flow trajectory of HP Inc and HP Enterprise post-split, and as a result, we believe it will be difficult for the stock to outperform,” said Goldman analyst Bill Shope....
...A recovery in McDonald’s fortunes from its lows for the year took another small step forward after the world’s largest fast food restaurant group raised its dividend this week....
...The S&P 500 advanced 0.5 per cent to 1,983.53, touching a new record high earlier in the day, while the Dow Jones Industrial Average climbed 0.4 per cent to 17,113.54....
...The report depicted food safety lapses at Shanghai Husi, a division of OSI that supplies Yum and McDonald’s in China, where employees were alleged to relabel expired meat....
...However, the S&P 500 rose 0.4 per cent to 1,900.53, surpassing the record close set on May 13, while the Dow Jones Industrial Average climbed 0.38 per cent to 16,606.27....
...McDonald’s said company-wide same-store sales climbed 1.2 per cent during the month....
...It is here that Balfour has run into trouble, succumbing to the weakness characteristic of many contractors: bidding low to win jobs, then taking a hit when costs escalate....
...The two big US defence contractors have all but sold out in recent years with the Russian state taking control of the ventures. Boeing still has a small stake in Sea Launch, a Swiss-based company....
...Contractors want professional advice when they buy and they get it in the stores....
...Today fewer than one in five Japanese workers belongs to a union, and companies are increasingly turning to lower-paid part-timers and contractors to save money and cushion against downturns....
...(Financial Times) The future of BP’s flagship Rumaila oilfield in southern Iraq is in jeopardy after a bureaucratic snarl-up in Baghdad forced the company to axe a hundred crucial contractor jobs....
...For Marmon, a Chicago-based industrial group, acquiring the divisions will bring it operations that generated $7bn in revenues last year....
...The mood lifts when the scarecrow returns to his home on a farm, picks a red pepper – the Chipotle logo – and starts preparing his own fresh food....
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