Luka Doncic (Dallas Mavericks) with a deep 3 vs the Memphis Grizzlies, 12/08/2021
Plans for a high-wage, high-growth economy lie in ruins as Britain's Conservative prime minister struggles to answer a cost-of-living crisis, compounded by rising worker unrest. It is December 1973 and the finance minister has privately warned the cabinet of Edward Heath that the country faces its gravest economic crisis since World War Two, according to classified records that are now publicly available. The papers shed light on the debate at the heart of government during a crisis that bears similarities to that facing current Prime Minister Boris Johnson's cabinet.
AMSTERDAM (Reuters) -Philips Chief Executive Frans van Houten will leave the company in October, the Dutch health technology firm said on Tuesday, after a key product recall cut its market value by more than half over the past year. Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company's Connected Care businesses. Van Houten's third term as CEO had been due to end in April.
Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced results for the First Half of 2022 and select results for the Second Quarter of 2022. Swvl's condensed unaudited interim financial statements for the six-month periods ended June 30, 2022 and 2021, and supplementary information are available on Swvl's website here.
Sanofi has stopped further work on amcenestrant, a treatment once seen to have strong commercial potential in breast cancer, after a second trial failure dealt a major blow to the French healthcare company's development prospects. The move weighed on shares and mounted pressure on Sanofi to bolster its pipeline of drug candidates as it becomes increasingly dependent on its multi-billion best seller, fast-growing eczema and asthma treatment Dupixent. Sanofi has also fallen far behind in the race to develop COVID-19 vaccines.
(Reuters) -Home Depot Inc on Tuesday surpassed estimates for quarterly results as demand from builders and higher prices helped the biggest U.S. home-improvement chain cushion the blow from a drop in store visits. Customers who bought homes during last year's housing boom are still driving demand for home-improvement chains even as the explosive growth seen during the peak of the pandemic has cooled. Home Depot reported bigger-than-expected comparable sales growth of 5.8% in the second quarter, but that was below the average of 14% in the corresponding periods of the past two years.
The Home Depot®, the world's largest home improvement retailer, today reported sales of $43.8 billion for the second quarter of fiscal 2022, an increase of $2.7 billion, or 6.5 percent from the second quarter of fiscal 2021. Comparable sales for the second quarter of fiscal 2022 increased 5.8 percent, and comparable sales in the U.S. increased 5.4 percent.
Canadian Natural Resources (TSX:CNQ)(NYSE:CNQ) stock has been rewarding shareholders with huge dividend hikes of late, and they may not slow anytime soon! The post This Canadian Energy King (and its Fast-Growing Dividend) Is Too Cheap to Ignore! appeared first on The Motley Fool Canada.
(Reuters) -Shares of Bed Bath & Beyond Inc surged 60% to a near five-month high in volatile trading on Tuesday, as retail investors flocked to the stock after a filing revealed activist investor Ryan Cohen's latest bet on the home goods retailer. The stock rose as much as 78.8% to $28.60 during the session and trading was halted multiple times for volatility. Cohen's investment vehicle RC Ventures, which is the second largest investor in the company and has added three independent directors to its board, bought call options expiring in January 2023 on 1.67 million shares with a strike price ranging from $60 to $80.
Get paid decent dividend income while you wait for price appreciation from this diversified group of TSX growth stocks. The post 3 TSX Growth Stocks That Pay You to Wait appeared first on The Motley Fool Canada.
NEW YORK (AP) — Veteran CNBC chief Mark Hoffman is leaving the network after 28 years, with London-based executive KC Sullivan replacing him early next month, the network said on Tuesday. Hoffman was named president of the financial news network in 2005 and elevated to chairman in 2015. “During his tenure, CNBC became a world leader and every year it has grown better and stronger,” said Cesar Conde, chairman of the NBCUniversal News Group. Sullivan, who begins as CNBC president on Sept. 12, is c
When making your travel budget, don’t assume that lodging and airfare will be your biggest expense. Now, more than ever, rental cars are shaping up to be one of the biggest — and stubbornly high — aspects of people’s vacation budgets. While airfare and lodging prices are certainly near all-time highs, rental cars are among the biggest price increases of all travel expenses. When comparing prices for July 2022 versus July 2019 (the last normal summer pre-pandemic), hotel prices are up 7% , accord
Musk has a history of being unconventional, posting irreverent tweets. Below are some other tweets by Musk - who has more than 103 million followers - which have taken investors, Twitter users, Twitter's board and the rest of his audience by surprise. May 13, 2022: "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users."
Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. In the same period last year, stolen funds from hacking amounted to $1.2 billion. DeFi applications, many of which run on the Ethereum blockchain, are financial platforms that enable crypto-denominated lending outside of traditional banks.
425 million grams of unpackaged dried cannabis destroyed, highlighting industry's issue of producing more than it can sell
(Reuters) -Bed Bath & Beyond Inc shares nosedived late in the session on Wednesday from a 45% surge earlier after investor and GameStop Chairman Ryan Cohen filed for a proposed sale of his stake in the struggling home goods retailer. The highly shorted shares continued their fall after the bell and were down more than 15% as Cohen's venture capital firm RC Ventures, the second largest investor, said it intends to sell 9.45 million shares, including options, through JP Morgan Securities. The company said it reached an agreement with RC Ventures in March and is working with financial advisors and lenders to strengthen its balance sheet as it struggles with declining revenue and liquidity concerns.
Investors can trust top TSX stocks like Royal Bank of Canada (TSX:RY)(NYSE:RY) and Fortis Inc. (TSX:FTS)(NYSE:FTS) for the next 30 years. The post 3 TSX Stocks to Hold for the Next 3 Decades appeared first on The Motley Fool Canada.
A fatal crash involving four vehicles on a German highway did not involve a self-driving car, BMW said on Tuesday, refuting a police statement that had questioned whether the driver had been actively steering the vehicle at the time. A 33-year-old woman was killed and nine other people, including the 43-year-old driver of the BMW and his 18-month-old passenger, were seriously injured. BMW confirmed that the crash had involved one of its models but said the car in question had no self-driving capabilities.
Ben & Jerry's legal battle with Unilever sheds light on an issue affecting a growing number of purpose-led brands: how to maintain their identity after being bought by a major consumer company. Multinational consumer groups have raced to snap up socially conscious brands in recent years, seeking to tap into a surge in demand among customers for ethical products, usually sold at a premium. Under Chief Executive Alan Jope, Unilever has added to a portfolio of "purposeful" brands - from Paula's Choice skincare products that shun animal testing to sustainably-made supplements from SmartyPants and Nutrafol.
As part of its Project Justice initiative, Molson Coors announced today another $1.5 million donation to BIPOC (Black, Indigenous and people of color) organizations dedicated to equity, empowerment, justice and community building, bringing its total cumulative investment to $4.5 million since 2020. As part of this year's initiative, Molson Coors is allocating more than $500,000 in grants to provide educational cost relief to students from underserved communities seeking to finish their college d
SAO PAULO (Reuters) -Brazil Potash, the Canadian firm planning to build Latin America's largest potash mine in the Amazon rainforest, is willing to employ local Mura indigenous people as it seeks their backing for the sensitive project, the company said in an interview on Monday. The project in Autazes, Brazil, 75 miles (120 kms) southeast of the Amazonas state capital Manaus, would reduce Brazilian agriculture's reliance on imports for 95% of its potash needs. The Mura, who fear the mine would bring prostitution and drugs to their communities, have opposed the project.
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