American Airlines Echoes Delta in Warning of Demand Slowdown American Airlines Group Inc. is seeing a slowdown in demand because of surging coronavirus cases, signaling a weaker outlook heading into the year-end holidays. After a strong start for the fourth quarter, a deceleration in net bookings growth began before Thanksgiving and has persisted into this […]
Gold Holds Steady On US Stimulus Hopes Gold prices held steady on Friday as rising Covid-19 cases in the U.S. as well as signs of progress on U.S. economic stimulus talks helped lift the allure of the safe-haven metal. Spot gold was little changed at $1,839.26 per ounce, while U.S. gold futures were up 0.1 […]
Donaldson Q1 Profit Tops Estimates; Sales Down 5.4% – Quick Facts Donaldson Company, Inc. (DCI) reported that its first quarter earnings per share declined 4.4 percent to $0.48 from $0.51, prior year. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.44, for the quarter. Analysts’ estimates […]
XPO Logistics Plans To Spin Off Logistics Segment To Shareholders XPO Logistics, Inc. (XPO) announced Wednesday that its board of directors approved a plan to spin off of 100% of its logistics segment as a separate publicly traded company. The spin-off will be tax-free to XPO shareholders and would result in XPO shareholders owning stock […]
‘If he could sell out stadiums, he would have’: Anthony Joshua goads Tyson Fury ahead of heavyweight showdown Anthony Joshua fights Kubrat Pulev this month “Because if Fury could have sold out 90,000-capacity stadiums, then he would have done. “But he never has had the ability to attract those large numbers, not until he fights […]
Stock Alert: Corporación América Airports Surges 33% Shares of Corporación América Airports S.A. (CAAP), a Luxembourg-based airport concession operator, are gaining more than 33 percent or $1.05 in Tuesday’s morning trade at $4.19. Monday, Corporación América Airports said it signed an agreement to extend the AA2000 concession for a ten-year period from 2028 to 2038, […]
Conservative Magazine Slams Donald Trump’s ‘Most Reprehensible’ Post-Election Tactic The editors of the conservative National Review rebuked Donald Trump’s “disgraceful conduct” following the 2020 election, slamming the president’s “petulant refusal” to accept defeat to President-elect Joe Biden. The magazine noted in the column published Monday how “almost nothing that the Trump team has alleged” to overturn […]
Francisco Partners To Buy CDK Global’s International Business For $1.45 Bln Global investment firm Francisco Partners said Monday it has agreed to acquire the international business segment of CDK Global, Inc. (CDK) for $1.45 billion. CDK’s International business segment is a provider of automotive retail software solutions in EMEA and Asia. “With its leading market […]
Thai central bank to hold briefing on more baht measures on Dec 9 BANGKOK, Nov 30 (Reuters) – Thailand’s central bank will hold a briefing on Dec. 9 on additional baht measures to be implemented in the next quarter, as the strength of the currency has been driven by both short and long term problems, […]
Biden Seeing Doctor After Injuring Ankle Playing with Dog President-elect Joe Biden was examined by a doctor Sunday for an ankle injury suffered on Saturday while playing with one of his dogs. The incident occurred while Biden was spending Thanksgiving weekend with family in Rehoboth Beach, Delaware, where they have a vacation home. Biden’s transition […]