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Keyword: profits

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  • Since The iPhone Launched, Apple Has Made As Much As Microsoft and Alphabets Combined

    08/06/2017 11:54:53 AM PDT · by Enlightened1 · 15 replies
    Cumulative profits since introduction of iPhone
  • World Offers Cautionary Tale for Trump’s Infrastructure Plan

    06/26/2017 11:14:16 AM PDT · by Tolerance Sucks Rocks · 20 replies
    The New York Times ^ | June 16, 2017 | Peter S. Goodman
    LONDON — The rest of the planet bears a warning for President Trump’s plan to lean heavily on private business in conjuring a trillion dollars’ worth of American infrastructure: Handing profit-making companies responsibility for public works can produce trouble. In India, politically connected firms have captured contracts on the strength of relationships with officialdom, yielding defective engineering at bloated prices. When Britain handed control to private companies to upgrade London’s subway system more than a decade ago, the result was substandard, budget-busting work, prompting the government to step back in. Canada has suffered a string of excessive costs on public...
  • United States: The Plan For The Future Of American Infrastructure

    02/17/2017 4:55:24 AM PST · by Tolerance Sucks Rocks · 2 replies
    Mondaq ^ | February 13, 2017 | Richard P. Puttré, Eric W. Sedlak, Kevin J. McIntyre, Isel M. Perez and James F. Channing
    A Look Into the Opaque Crystal Ball for Infrastructure Initiatives in the First 100 Days of the Trump Administration President Donald J. Trump's "America's Infrastructure First" plan is one of the Trump Administration's priorities during his first 100 days in office. Throughout the campaign, President Trump heralded his plan to build and restore highways, tunnels, airports, bridges, and water systems across America and promised a $1 trillion investment in the infrastructure sector over a 10-year period. Leaders from both parties acknowledge the nation's deteriorating infrastructure, and there have been expressions of support from both sides of the aisle for some...
  • Fossil fuel divestment crashes and burns in Vermont(DOH!)

    02/11/2017 7:56:02 AM PST · by rktman · 10 replies
    hotair.com ^ | 2/10/2017 | Jazz Shaw
    The fossil fuel divestment boom has turned into a serious bust. Most recently we saw this at the University of Denver where the administration determined that the future health of their endowment was worth far more than any political points scored through satisfying the demands of some environmentalist students. We’ve seen this in a number of other schools but the trend is continuing in areas outside the academic realm. Even state governments have been forced by activists to take a look at the possibility of divestment. This most recently happened in Vermont where the state pension plan was considering similar...
  • Spinal Tap bandmates join lawsuit over film's profits

    02/08/2017 8:57:23 AM PST · by Olog-hai · 45 replies
    Associated Press ^ | Feb 8, 2017 11:06 AM EST
    Spinal Tap has reunited — this time in a Los Angeles court to challenge the French studio Vivendi S.A. for millions in profits from the mockumentary “This Is Spinal Tap.” Christopher Guest, Michael McKean and Rob Reiner on Tuesday joined a federal lawsuit filed last year by bandmate and Spinal Tap co-creator Harry Shearer. Shearer, who also voices numerous characters on “The Simpsons,” sued Vivendi S.A. and its subsidiary StudioCanal in October alleging that the companies fraudulently withheld profits from the 1984 film. …
  • Mylan’s EpiPen Pretax Profits 60% Higher Than Number Told to Congress

    09/26/2016 4:55:50 PM PDT · by wtd · 9 replies
    Wall Street Journal ^ | September 26, 2016 | Mark Maremont
    Mylan’s EpiPen Pretax Profits 60% Higher Than Number Told to CongressCompany applied 37.5% tax rate onto the profits it revealed to a House committee hearing last weekMylan CEO Heather Bresch takes her seat on Capitol Hill in Washington on Wednesday prior to testifying before the House Oversight Committee hearing on EpiPen price increases. Photo: Pablo Martinez Monsivais/Associated Press "> Mylan NV on Monday clarified the profit it said it made from its lifesaving EpiPen drug, days after House members badgered the company’s chief executive to justify the device’s steep price increases. Testifying before a congressional committee last week, CEO...
  • Are Oil Dividends Worth it?

    04/26/2016 2:32:38 PM PDT · by bananaman22 · 14 replies
    Oilprice.com ^ | 26-04-2016 | Paperchaser
    Are you tempted by nice dividends such as BP’s 7.53 percent and Shell’s 7.31 percent? Long-term investors are. They’re lapping up the oil majors on dips to cash in on their impressive dividend yields in hopes that the massive rally in crude oil from the lows of $27.10 per barrel is an indication that crude has bottomed out and higher prices are around the corner. The large investors are pursuing the oil majors for their stability and safety, which has boosted their prices, but even after the rise, prices remain below their 2015 highs. The oil majors are expected to...
  • Low fuel costs boost Lufthansa profits

    03/17/2016 5:52:59 PM PDT · by Olog-hai
    Deutsche Welle ^ | 17.03.2016 | [ng/hg (Reuters, AFP)]
    Germany’s flag carrier Lufthansa posted a 55-percent jump in profits for 2015, benefiting from low oil prices. The result comes despite protracted industrial action by pilots and flight attendants throughout last year. Adjusted EBIT jumped by 55 percent to €1.8 billion ($2 billion) for the full year. Net profit came in at €1.7 billion, 30 times higher than in 2014. …
  • Why Wal-Mart's Shrinking Profit Should Scare Liberals

    10/17/2015 7:28:54 PM PDT · by SeekAndFind · 63 replies
    IBD ^ | 10/17/2015 | Jed Graham
    Wal-Mart's second profit warning in two months should be a wake-up call for the political left. If America's largest private employer is struggling with its own pay increases, how will other businesses cope with even larger minimum-wage hikes? Long the scourge of progressives for its relatively low wages, Wal-Mart (NYSE:WMT) announced early this year that it would unilaterally boost its own base wage, first to $9 an hour this past April and to $10 by February 2016. "People have known that $10 was coming for a while," Wal-Mart CEO Doug McMillon told CNBC's Jim Cramer on Wednesday. "This news today...
  • U.S. Has Highest Corporate Tax In World: Much to Learn From Ireland

    03/18/2015 2:05:42 PM PDT · by ThethoughtsofGreg · 7 replies
    American Legislator ^ | 3-18-15 | Ben Wilterdink
    While Saint Patrick’s Day gives people all over the world a reason to be Irish for a day, it might be better for the United States to move permanently ‘Irish’ when it comes to corporate income tax rates. The United States currently has the highest corporate income tax rate in the developed world at 35 percent federally, and reaches almost 40 percent once the average state corporate income tax rate is included. By contrast, Ireland maintains a top statutory rate of just 12.5 percent, less than a third of the top U.S. rate. This competitive, pro-growth corporate income tax rate...
  • Surging dollar takes bite out of US corporate profits

    02/20/2015 9:45:51 PM PST · by Olog-hai · 11 replies
    Associated Press ^ | Feb 21, 2015 12:06 AM EST | Matthew Craft
    The biggest obstacle for Coca-Cola and Pepsi these days isn’t tied to taste tests, the declining popularity of sugary drinks or even their century-long rivalry. It’s the surging U.S. dollar. The two soda giants rely on overseas customers for roughly half of their revenue. When they turned in their quarterly results last week, both reported a drop in sales. The strong dollar made all the difference: strip it out and shrinking sales suddenly rise. The dollar has been a source of constant complaint this earnings season. Global corporations from Avon Products to Yum Brands have said their quarterly results would...
  • Senator’s husband profits for 15 years from federal funds (Feinstein-Blum)

    01/19/2015 5:56:53 PM PST · by Libloather · 28 replies
    NY Post ^ | 1/19/15 | Richard Johnson
    My report Sunday on the lucrative deal Sen. Dianne Feinstein’s husband has to sell 56 post office buildings barely scratched the surface of her conflicts of interest. The California Democrat’s financier husband, Richard C. Blum, is estimated to be a billionaire from his shrewd investments in companies that profit from federal policies. “For at least 15 years, Feinstein has appeared to support government contracts that push federal funds toward companies co-owned or governed by her powerful, billionaire husband, Richard C. Blum,” Breitbart News reported.
  • Moms Demand Action Opens Online Store Selling Gun Control T-Shirts for Christmas

    11/29/2014 7:35:13 AM PST · by rktman · 20 replies
    breitbart.com ^ | 11/28/2014 | AWR Hawkins
    Bloomberg-funded Moms Demand Action for Gun Sense in America has launched an online store where they are selling gun control t-shirts for Christmas. The t-shirts--which are also affiliated with Bloomberg-funded Everytown for Gun Safety--have a likeness of an American flag and the caption: "Americans are 20 times more likely to be murdered with a gun than people in other developed countries." According to the online store index, the "20x more likely" shirt is $30, and this can be complimented with a "Future Gun Sense Voter" baby onesee for $24 or a classic white "Moms Demand Action" t-shirt for $26.
  • HuffPo Attacks Companies for Making Too Much Profit

    07/22/2014 3:33:01 PM PDT · by Kaslin · 48 replies
    Townhall.com ^ | July 22, 2014 | Michael Schaus
    The Huffington Post is beside itself with indignant rage over companies moving their headquarters overseas to avoid paying the highest corporate income tax in the industrialized world. Feeling that Secretary Jack Lew was onto something when he accused companies of being economic traitors for reducing their tax burden, the HuffPo let loose a string of economic illiterate ramblings about the indecency of corporate profits.Early last week, the drug firm Mylan stomped on the Stars and Stripes as it ditched America for the Netherlands. Then, on Friday, the drug company AbbVie similarly renounced America. For 30 pieces of silver, it will...
  • Hypocrisy Over Private Organizations 'Profiteering' Off Education System

    05/23/2014 8:25:29 AM PDT · by MichCapCon · 7 replies
    Capitol Confidential ^ | 5/22/2014 | Tom Gantert
    Michigan Education Association President Steve Cook does not like charter public schools and says he is concerned about how they are funded. "If we're going to be honest with ourselves for just a second, we have to acknowledge there is simply too many people and private corporations making too much money off the public schools with very little student learning to show for it," Cook told the State Board of Education, according to a story in MIRS. Cook's total compensation was $212,848 in 2013 as president of the MEA, a private organization with annual revenue of $133 million. The MEA,...
  • Minnesotans Score Small Victory in Civil Asset Forfeiture War

    05/18/2014 5:33:08 AM PDT · by Jack Hydrazine · 11 replies
    The New American ^ | 17MAY2014 | Bob Adelmann
    On August 1, citizens in Minnesota will rejoice that the police can no longer steal their property without their being convicted — or even charged with — a crime. Until then, Minnesota remains an upside-down world, as do many other states, where police can seize cash and property if they think that somehow that cash or property was involved in a crime. Until August 1, citizens who have had their property seized will still have to prove a negative: that their property was neither the “instrument” nor the “proceeds” of the charged crime. Lee McGrath, executive director of Minnesota’s chapter...
  • Great Lakes ice blocks flow of grain, iron

    05/02/2014 1:44:55 AM PDT · by prisoner6 · 29 replies
    Boatnerd ^ | 5/02/2014 | NA
    Great Lakes ice blocks flow of grain, iron 5/2 - The biggest ice cover on the Great Lakes in decades is backing up shipments of everything from Canadian grain to U.S. iron and steel in one of North America's most important economic regions. The frigid winter and cool spring have hurt companies like Cliffs Natural Resources Inc. and United States Steel Corp, and also hampered efforts to clear an unprecedented buildup of grain and oilseeds in Western Canada. The Great Lakes region accounts for nearly one third of combined Canadian and U.S. output, jobs and exports, according to a report...
  • Don't Assume Liberals Always Put Principles Before Profits

    03/28/2014 11:31:15 AM PDT · by Kaslin · 26 replies
    Townhall.com ^ | March 28, 2014 | Jonah Goldberg
    Leland Yee, a Democratic state senator and candidate for secretary of state in California, has been a longtime champion of gun control. This week he was arrested on numerous charges, including conspiracy to deal firearms without a license and conspiracy to illegally transport firearms. Yee, a prominent foe of assault weapons, allegedly took bribes to set up a meeting between an undercover agent and an international arms dealer to broker the sale of automatic weapons and shoulder-fired missiles. A lengthy FBI affidavit also describes Yee's ties to a Chinese triad and his desire to help out Islamist militants. In short,...
  • Smith & Wesson Can Still Defy the Odds

    12/10/2013 4:58:06 AM PST · by KeyLargo · 18 replies
    The Wall Street Journal ^ | Dec 10, 2013 | Spencer Jakab
    Ahead of the Tape Smith & Wesson Can Still Defy the Odds By Spencer Jakab Updated Dec. 10, 2013 12:17 a.m. ET America's largest gun maker will get some extra attention this week. Four days after it unveils fiscal second-quarter results on Tuesday, the nation will mark the anniversary of last December's school massacre in Newtown, Conn. The shooting's effect on Smith & Wesson Holding Corp.'s SWHC -0.08% financial fortunes shows how wrong the market's initial reaction was. The stock fell sharply as the grisly details of the rampage emerged, but it has bounced back by 58% since its trough...
  • Corporate Profits Decline: Time For A Celebration?

    09/01/2013 5:13:48 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | September 1, 2013 | Austin Hill
    “Corporate Profits Lose Steam.” That was the headline atop a recent Wall Street Journal article. For those that become indignant about highly successful and profitable corporations, this should be really great news – right? But nobody is celebrating. In fact, the sagging profits reports of the past several weeks are thought to be such a bad thing that some believe they have brought about the downward shifts on the stock market as of late (could it be that the business uncertainty caused by our U.S. government could be the problem on Wall Street instead?). Companies as diverse as Krispy...