out_file_json_task2_add2022.json

{"sent": "The Israel Tax Authority claims that when a company controlled by the Brosh brothers sold a 14% stake in Oshrad Natural Gas for 8.6 million shekels in 2017, they should have paid 4.3 million shekels in tax."}
{"sent": "Because Oshrad is a privately held business, it was liable for a 26.3% company tax on the sale and the Broshes themselves were liable for another 32% in personal taxes  -  a combined 50% in taxes after adjustments."}
{"sent": "Instead, the company reported itself as a family business, which is liable to a single 32% tax."}
{"sent": "On Tuesday, repo loan rates more than tripled which threatened the supply of funds to the banking system, and forced the New York Federal Reserve to flood the market with US$75-billion in loans yesterday and another $75-billion today."}
{"sent": "Approximately 144 jurisdictions use IFRS, as it's required for public firms based in South Korea, Singapore, and in most European countries."}
{"sent": "But one number raised a few eyebrows: its former chair Hassan Adams received severance pay of R5.95m for moving from being executive to non-executive chairperson."}
{"sent": "Finally, after pressure, Adams sold R60m in Grand Parade shares and in June gave up his executive chairmanship to become non-executive chairman."}
{"sent": "Epic paid 505 Games parent over $10m for Control PC exclusivity Digital Bros financial statements reveal exclusivity deal payout for Remedy's latest release Rebekah Valentine  Staff Writer  Friday 20th September 2019  Share this article  Recommend Share  Companies in this article  505 Games  Epic Games  Remedy Entertainment  Epic Games paid Digital Bros."}
{"sent": "\u20ac9.49 million ($10.5 million) for PC exclusivity rights to Remedy's new action-adventure title, Control."}
{"sent": "First Midwest Bancorp Inc (NASDAQ:FMBI) Plans Quarterly Dividend of $0.14 Tweet  First Midwest Bancorp Inc (NASDAQ:FMBI) declared a quarterly dividend on Thursday, August 22nd, Zacks reports. Shareholders of record on Friday, September 27th will be given a dividend of 0.14 per share by the financial services provider on Tuesday, October 8th. This represents a $0.56 annualized dividend and a yield of 2.80%."}
{"sent": "First Midwest Bancorp Inc (NASDAQ:FMBI) Plans Quarterly Dividend of $0.14 Tweet  First Midwest Bancorp Inc (NASDAQ:FMBI) declared a quarterly dividend on Thursday, August 22nd, Zacks reports. Shareholders of record on Friday, September 27th will be given a dividend of 0.14 per share by the financial services provider on Tuesday, October 8th. This represents a $0.56 annualized dividend and a yield of 2.80%."}
{"sent": "Equities research analysts expect First Midwest Bancorp to earn $2.03 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 27.6%."}
{"sent": "NASDAQ FMBI traded up $0.36 on Wednesday, hitting $20.02. 19,557 shares of the company's stock were exchanged, compared to its average volume of 568,076."}
{"sent": "The financial services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.03."}
{"sent": "Finally, BidaskClub upgraded First Midwest Bancorp from a strong sell rating to a sell rating in a research report on Tuesday, September 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company's stock. First Midwest Bancorp has a consensus rating of Hold and an average target price of $24.00."}
{"sent": "Finally, BidaskClub upgraded First Midwest Bancorp from a strong sell rating to a sell rating in a research report on Tuesday, September 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company's stock. First Midwest Bancorp has a consensus rating of Hold and an average target price of $24.00."}
{"sent": "With formal training in both farming and horticulture, he has also designed and executed one of the largest organic industrial hemp farms in western Canada. The company expects to produce over 100,000 kg of biomass, and a yield of over 10,000 kg of pure cannabinoids through the finished extract."}
{"sent": "Analyst Ratings  This is a summary of current ratings and recommmendations for Pennsylvania R.E.I.T. and Tremont Mortgage Trust, as reported by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Pennsylvania R.E.I.T. - 3 - 0 - 1 - 0 - 1.50  - Tremont Mortgage Trust - 0 - 2 - 1 - 0 - 2.33  Pennsylvania R.E.I.T. currently has a consensus price target of $5.83, indicating a potential upside of 4.54%."}
{"sent": "Tremont Mortgage Trust has a consensus price target of $5.33, indicating a potential upside of 11.11%."}
{"sent": "iShares MSCI USA ESG Optimized ETF (NASDAQ:ESGU) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.1102 per share on Monday, September 30th. This represents a dividend yield of 1.7%."}
{"sent": "iShares MSCI USA ESG Optimized ETF (NASDAQ:ESGU) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.1102 per share on Monday, September 30th. This represents a dividend yield of 1.7%."}
{"sent": "Shares of ESGU stock traded down $0.77 on Tuesday, hitting $65.13."}
{"sent": "She said rhino poaching has continued to decline, in part due to tougher court prosecutions and anti-poaching strategies, such as specialised sniffer dogs to help detect smuggled horns. From January to June 2019, the number of rhino poached countrywide stood at 318, compared to 386 killed during the same period last year, Creecy said."}
{"sent": "The bridge disaster last year in Genoa claiming 43 lives brought Atlantia under heavy political pressure, with the ruling coalition 5-Star Movement calling for it to be stripped of its lucrative motorway concession."}
{"sent": "At a board meeting, Atlantia's CEO Giovanni Castellucci agreed to step down after 13 years at the helm. We have been in state of shock since last week over what has come out from police statements, said Luciano Benetton earlier on Tuesday. Until a new CEO is appointed, the board has transferred executive powers to a committee made up of five directors including Atlantia's Chairman Fabio Cerchiai and Carlo Bertazzo, who serves also as chief executive of the Benettons' holding company Edizione."}
{"sent": "If you are buying products from another brand, you should be achieving around 50% margin, if you are manufacturing/making products yourself, you should be achieving around a 60% margin or even higher, especially if you want to wholesale."}
{"sent": "If you are buying products from another brand, you should be achieving around 50% margin, if you are manufacturing/making products yourself, you should be achieving around a 60% margin or even higher, especially if you want to wholesale."}
{"sent": "Chubb Ltd (NYSE:CB) announced a quarterly dividend on Thursday, August 8th, RTT News reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.75 per share by the financial services provider on Friday, October 11th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.89%."}
{"sent": "Chubb Ltd (NYSE:CB) announced a quarterly dividend on Thursday, August 8th, RTT News reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.75 per share by the financial services provider on Friday, October 11th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.89%."}
{"sent": "Equities research analysts expect Chubb to earn $11.09 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 27.1%."}
{"sent": "The financial services provider reported $2.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.58 by $0.02."}
{"sent": "Finally, UBS Group lifted their target price on Chubb from $156.00 to $157.00 and gave the company a neutral rating in a research report on Monday, July 29th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Chubb presently has a consensus rating of Hold and an average price target of $153.00."}
{"sent": "Finally, UBS Group lifted their target price on Chubb from $156.00 to $157.00 and gave the company a neutral rating in a research report on Monday, July 29th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Chubb presently has a consensus rating of Hold and an average price target of $153.00."}
{"sent": "In other Chubb news, insider Paul J. Krump sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $155.00, for a total transaction of $775,000.00. Following the transaction, the insider now owns 118,865 shares of the company's stock, valued at $18,424,075."}
{"sent": "Also, CEO Evan G. Greenberg sold 215,648 shares of the business's stock in a transaction that occurred on Wednesday, June 19th. The stock was sold at an average price of $148.84, for a total value of $32,097,048.32. Following the transaction, the chief executive officer now directly owns 1,002,730 shares in the company, valued at approximately $149,246,333.20."}
{"sent": "In the last three months, insiders have sold 234,773 shares of company stock worth $35,107,603. Company insiders own 0.47% of the company's stock."}
{"sent": "Starting on Jan. 4, 2016, Oregon officials levied a 25% tax on recreational marijuana, which generated US$60.2 million in tax revenue that year alone."}
{"sent": "CEOs and CFOs of large and small tech companies coyly admit to doing whatever it takes to close the quarter one penny above guidance or investors' expectations. Internally, they sanction and even encourage bad behavior by their sales teams, where discounts up to 80% or more on list price are commonly used in order to drag a deal across the line."}
{"sent": "The trust funds that support the system are expected to run out of money in the next 15 years, in which case, all retirees would receive only about 80% of the benefits they're owed."}
{"sent": "Residents have paid about $20 per year on their tax bills for the program for the last four years to have special treatments done to kill larva and reduce the mosquito population."}
{"sent": "Though total area of sugarcane increased by 23.4 per cent yearly to more than 9,380ha, productivity still missed the full-year target, the company said. Average sugar price in financial year 2018-19 was VN\u011010,156 ($0.44) per kilo, down 25 per cent from the previous year. The company plans to pay a 50 per cent dividend worth VN\u011049 billion to investors for its results in the past financial year."}
{"sent": "Though total area of sugarcane increased by 23.4 per cent yearly to more than 9,380ha, productivity still missed the full-year target, the company said. Average sugar price in financial year 2018-19 was VN\u011010,156 ($0.44) per kilo, down 25 per cent from the previous year. The company plans to pay a 50 per cent dividend worth VN\u011049 billion to investors for its results in the past financial year."}
{"sent": "The company's stock soared 8.7 per cent to end Wednesday at VN\u011043,600 per share."}
{"sent": "The parent company with the most cumulative multistate AG penalties is, by far, Bank of America, with more than $26 billion in settlements over issues such as mortgage abuses and the sale of toxic securities."}
{"sent": "The most frequent defendant has been CVS Health, which has paid out more than $215 million in 14 settlements, most of them involving the alleged submission of false claims to state Medicaid programs and the payment of illicit kickbacks to healthcare providers."}
{"sent": "The second largest was an $8.7 billion agreement by Bank of America to resolve claims relating to predatory home mortgage practices by its Countrywide Financial subsidiary."}
{"sent": "The 2005 sale of NYC's Stuyvesant Town - Peter Cooper Village offers another remarkable example of union pensions helping to make life unaffordable for workers. The California Public Employees' Retirement System (CalPERS) lost $500 million, and the California State Teachers' Retirement System (CalSTERS) lost $100 million gambling on securities in that over-leveraged portfolio."}
{"sent": "New York City's mayor Bill de Blasio helped negotiate the deal, sweetened with a $220 million in city subsidies and promised support for the owner, Blackstone Group, to sell the properties' air rights. In turn, Blackstone promised to retain five thousand of the original eleven thousand stabilized units under rent regulation for twenty years."}
{"sent": "Massive investment in public housing preservation and energy-efficient retrofitting can help launch a just transition, shifting state investment from displacement by gentrification to community preservation. The $4.6 billion subsidies promised to Amazon HQ2 in New York City could cover the $3.1 billion needed in repairs to boilers, piping, and radiators to bring adequate heat and hot water to NYCHA public housing residents."}
{"sent": "Electricity is an inexpensive and efficient form of energy, but it is rarely available: only 14% of Ethiopia's population has continuous access to electricity due to poor grid coverage and the wide dispersal of farms (World Bank 2012)."}
{"sent": "The Credai Chairman said the government should remove the unit price cap of \u20b945 lakh for availing the additional deduction of \u20b91.5 lakh on home loan interest."}
{"sent": "In the Budget this year, the government allowed an additional deduction of up to \u20b91.5 lakh for interest paid on loans borrowed up to March 31, 2020 for purchase of an affordable house valued up to \u20b945 lakh."}
{"sent": "Analyst Ratings  This is a breakdown of current ratings and recommmendations for J.Jill and Apex Global Brands, as provided by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - J.Jill - 0 - 4 - 1 - 0 - 2.20  - Apex Global Brands - 0 - 0 - 0 - 0 - N/A  J.Jill presently has a consensus price target of $4.14, suggesting a potential upside of 114.30%."}
{"sent": "The new outlets were instrumental in lifting the group's headline earnings by 10.2 percent to R165 million during the year."}
{"sent": "Chief executive Pierre van Tonder said franchised restaurant sales in South Africa grew by 6.2 percent as the group's middle-income customer base came under increasing pressure in the slowing economic climate."}
{"sent": "Panarottis and Casa Bella grew restaurant sales by 0.9 percent as the Panarottis chain continued to be impacted by aggressive discounting in the pizza takeaway market."}
{"sent": "The group said international restaurant sales increased by 12.3 percent, benefiting from the opening of a record 20 restaurants during the year, but this was offset by a 15.9 percent sales decline in Australia and New Zealand."}
{"sent": "Mengniu aims to acquire 100 per cent of Bellamy's shares via a scheme of arrangement. It intends shareholders to get $12.65 in cash per share plus a 60c per share special dividend, the latter to be paid by Bellamy's before scheme implementation."}
{"sent": "The Conservatives say the plan, called the Green Public Transit Tax Credit, would give people a 15 per cent credit at tax season."}
{"sent": "American Century STOXX US Quality Value ETF (NYSEARCA:VALQ) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be paid a dividend of 0.3038 per share on Friday, September 27th. This represents a dividend yield of 2.3%."}
{"sent": "American Century STOXX US Quality Value ETF (NYSEARCA:VALQ) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be paid a dividend of 0.3038 per share on Friday, September 27th. This represents a dividend yield of 2.3%."}
{"sent": "Shares of VALQ stock traded down $0.31 during midday trading on Monday, hitting $40.56."}
{"sent": "If a withdrawal is made prior to age 59\u00bd, a 10% federal income tax penalty may apply (unless an exception applies)."}
{"sent": "None of your foreign super interest is treated as applicable fund earnings if you transfer it to Australia within six months of becoming a resident of Australia or your foreign employment terminating."}
{"sent": "The cap is currently $100,000 per year or $300,000 over three years (if you are eligible for the bring-forward arrangement)."}
{"sent": "The announcement comes in the backdrop of India's merchandise exports declining by 6.05 per cent to USD 26.13 billion in August compared to the year-ago month."}
{"sent": "She said RoDTEP will replace the existing incentive schemes and will more than adequately incentivise exporters than the existing schemes put together. The minister said the revenue foregone towards the scheme is projected at Rs 50,000 crore."}
{"sent": "The weakening Dollar Index also seemed to be contributing to the appreciation of rupee. (Reuters)  The rupee on Friday rose 21 paise to close at a month high of 70.92 against the dollar on the back of appreciation in Asian currencies, especially in the Chinese yuan, on hope of trade talk between the US and China."}
{"sent": "This has come down to just one paisa as the buying pressure has been pulled off from dollars in terms on the rupee."}
{"sent": "Stockholders of record on Monday, September 16th will be paid a dividend of 0.0425 per share by the investment management company on Tuesday, October 1st. This represents a dividend yield of 3.9%."}
{"sent": "Blackwall Ltd Plans Final Dividend of $0.02 (ASX:BWF) Blackwall Ltd (ASX:BWF) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Stockholders of record on Wednesday, October 9th will be paid a dividend of 0.021 per share on Wednesday, October 9th. This represents a dividend yield of 2.1%."}
{"sent": "Blackwall Ltd Plans Final Dividend of $0.02 (ASX:BWF) Blackwall Ltd (ASX:BWF) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Stockholders of record on Wednesday, October 9th will be paid a dividend of 0.021 per share on Wednesday, October 9th. This represents a dividend yield of 2.1%."}
{"sent": "The company noted that it has doubled the amount it contributes to its internal carbon fund  -  a pot of money used to finance efforts to bring down operational carbon emissions  -  to \u20ac30 ($33) per ton of carbon, and is focused on reducing rather than offsetting its footprint. The fund is currently valued at nearly \u20ac12 million ($13 million)."}
{"sent": "A suite of companies have pledged to reduce the industry's emissions by 30 percent over the next decade as part of UN charter for climate action within fashion."}
{"sent": "James Dyson, who earlier this year decided to relocate the company's head office to Singapore from the UK, has a net worth of about US$11.9 billion, making him the UK's second-richest person."}
{"sent": "Shares of the company were up 1.84% in after-market trading after rising to a record high during the regular trading hours after it announced a $40 billion share buyback plan."}
{"sent": "One of the pilot program's unique aspects is to encourage homeowners in six targeted community areas to opt in and put their houses in the land trust in exchange for significantly lower property taxes and access to a $30,000 grant for home repairs and energy upgrades."}
{"sent": "If the owner decided to sell the property while the covenant and deed restriction is active, it could only be sold to someone whose household income doesn't exceed 100 percent of the AMI up to the maximum resale value, and the seller could only receive 1/5th of any appreciation in the property's value upon sale."}
{"sent": "On top of the lower taxes, the homeowner could apply for up to $30,000 in grant money to correct health and safety hazards, replace the roof or porch, and install energy efficiency upgrades."}
{"sent": "Most of the $3 million funding that the Department of Housing was asking to be allocated, out of an already existing budget of $7.4 million derived from developer's paying the ARO in lieu fee, would be spent acquiring and rehabilitating properties."}
{"sent": "SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Plans  -  Dividend of $0.11 SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) declared a  -  dividend on Tuesday, September 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, September 4th will be paid a dividend of 0.1079 per share on Monday, September 9th. This represents a dividend yield of 5%."}
{"sent": "SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Plans  -  Dividend of $0.11 SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) declared a  -  dividend on Tuesday, September 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, September 4th will be paid a dividend of 0.1079 per share on Monday, September 9th. This represents a dividend yield of 5%."}
{"sent": "Raymond James decreased their price objective on shares of Bank of Commerce from $12.00 to $11.50 and set an outperform rating for the company in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. The company presently has a consensus rating of Hold and a consensus price target of $13.00."}
{"sent": "Raymond James decreased their price objective on shares of Bank of Commerce from $12.00 to $11.50 and set an outperform rating for the company in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. The company presently has a consensus rating of Hold and a consensus price target of $13.00."}
{"sent": "NASDAQ BOCH traded up $0.03 on Monday, hitting $11.10."}
{"sent": "The financial services provider reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03)."}
{"sent": "Sundquist acquired 3,000 shares of the firm's stock in a transaction on Wednesday, August 14th. Following the purchase, the chief financial officer now owns 15,227 shares in the company, valued at approximately $152,117.73. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink."}
{"sent": "Over the last 90 days, insiders have acquired 13,000 shares of company stock valued at $133,150. Company insiders own 5.67% of the company's stock."}
{"sent": "Context BH Capital Management LP lifted its stake in shares of Bank of Commerce by 328.3% in the 1st quarter. Context BH Capital Management LP now owns 495,406 shares of the financial services provider's stock valued at $5,227,000 after purchasing an additional 379,737 shares during the period."}
{"sent": "Pacific Ridge Capital Partners LLC lifted its stake in shares of Bank of Commerce by 19.1% in the 1st quarter. Pacific Ridge Capital Partners LLC now owns 445,746 shares of the financial services provider's stock valued at $4,703,000 after purchasing an additional 71,426 shares during the period."}
{"sent": "BlackRock Inc. lifted its stake in shares of Bank of Commerce by 4.9% in the 2nd quarter. BlackRock Inc. now owns 1,031,438 shares of the financial services provider's stock valued at $11,027,000 after purchasing an additional 48,606 shares during the period."}
{"sent": "Finally, LSV Asset Management lifted its stake in shares of Bank of Commerce by 28.6% in the 1st quarter. LSV Asset Management now owns 172,516 shares of the financial services provider's stock valued at $1,820,000 after purchasing an additional 38,381 shares during the period."}
{"sent": "In a Form 4 filing with the Securities and Exchange Commission, Kraft Heinz disclosed that private-equity firm 3G Capital sold 25.1 million Kraft Heinz shares on Monday at a price of $28.44, which values the shares sold at $712.95 million. That left 3G with a 245.03-million-share stake, or 20.1%, of the shares outstanding."}
{"sent": "IncredibleBank Checking Bonus:  To receive the $175 bonus, you must: open online with a minimum deposit of $100 using promo code TOASTER establish a recurring payroll direct deposit of $300 or more and is required within 45 days of account opening and download the mobile app for IncredibleBank."}
{"sent": "IncredibleBank Money Market Bonus:  To receive the $100 bonus, you must: open online with a minimum deposit of $10,000 using promo code TOASTER, and the account must remain open with, and at least maintain, that balance for at least 90 days."}
{"sent": "Visa\u00ae Real Rewards Credit Card: You will earn 1.5 Reward Points (Points) for each dollar of eligible net purchases made with your account within a billing cycle (equal to 1.5% cash back)."}
{"sent": "There is a $10 fee if the account is closed within 90 days."}
{"sent": "This with the $100 bonus basically means you'd be earning 4.5% APY during the 90 day period, good but not great."}
{"sent": "Analyst Recommendations  This is a summary of current ratings and target prices for Westwood Holdings Group and The Carlyle Group, as reported by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Westwood Holdings Group - 0 - 0 - 0 - 0 - N/A  - The Carlyle Group - 0 - 7 - 5 - 0 - 2.42  The Carlyle Group has a consensus target price of $18.42, suggesting a potential downside of 30.76%."}
{"sent": "It typically invests between $5 million and $50 million for venture investments and between $20 million and $1 billion for buyouts in companies with enterprise value of between $37.15 million and $1000 million and sales value of $10 million and $500 million."}
{"sent": "It typically invests between $5 million and $50 million for venture investments and between $20 million and $1 billion for buyouts in companies with enterprise value of between $37.15 million and $1000 million and sales value of $10 million and $500 million."}
{"sent": "In 'Thinking Bigger on Tax in Scotland: Using Scotland's local tax powers to their full potential', the think tank argues that a progressive new local inheritance tax could raise up to \u00a3200 million per year, while a local Carbon Tax could reduce emissions and help fund efforts to combat environmental breakdown."}
{"sent": "These are:  A local inheritance tax, which would be set at 10 per cent rate for estates worth over \u00a336,000, which it is estimated would raise \u00a3200 million per annum  -  funds which could be used to support Scotland's public services."}
{"sent": "A local payroll tax  -  or a low pay levy  -  would be paid by employers which provide low wages, encouraging pay rises for the lowest earning workers in Scotland. This would, IPPR argues, raise a further \u00a3600 million per year."}
{"sent": "Prices were confined to a narrow range near $1,500 an ounce after a two-day gain following the weekend's strike against critical oil facilities in Saudi Arabia."}
{"sent": "Global trade uncertainties, heightened geopolitical tensions along with subdued global growth will bolster bullion's appeal. Gold was steady at $1,501.58 an ounce at 7:59 a.m. in London after climbing 0.7% on Monday and a further 0.2% on Tuesday. Prices hit $1,557.11 on Sept. 4, the highest since 2013."}
{"sent": "Global trade uncertainties, heightened geopolitical tensions along with subdued global growth will bolster bullion's appeal. Gold was steady at $1,501.58 an ounce at 7:59 a.m. in London after climbing 0.7% on Monday and a further 0.2% on Tuesday. Prices hit $1,557.11 on Sept. 4, the highest since 2013."}
{"sent": "The chain has been on a storming run of success in recent years, and the half year results are expected to be no different, after the company announced a profit upgrade in July. Sales for the six months to July 27 are expected to hit around \u00a32 billion - up 4.3 per cent -with pretax profits hitting \u00a3318 million, according to retail analysts at Shore Capital. The boost has tended to come from online sales, rather than in-store sales, however, and Thursday's results are expected to be no different."}
{"sent": "The chain has been on a storming run of success in recent years, and the half year results are expected to be no different, after the company announced a profit upgrade in July. Sales for the six months to July 27 are expected to hit around \u00a32 billion - up 4.3 per cent -with pretax profits hitting \u00a3318 million, according to retail analysts at Shore Capital. The boost has tended to come from online sales, rather than in-store sales, however, and Thursday's results are expected to be no different."}
{"sent": "The U.K.'s Civil Aviation Authority said Thomas Cook has ceased trading, its four airlines will be grounded, and its 21,000 employees in 16 countries, including 9,000 in the U.K., will lose their jobs."}
{"sent": "The Civil Aviation Authority said Thomas Cook has ceased trading, its four airlines will be grounded, and its 21,000 employees in 16 countries, including 9,000 in the UK, will lose their jobs."}
{"sent": "The 178-year-old company had said Friday it was seeking \u00a3200 million ($250 million) to avoid going bust and was in weekend talks with shareholders and creditors to stave off failure."}
{"sent": "The company will offer up to 1,200,000 shares of 8.25 percent Series B Cumulative Preferred Stock and warrants initially exercisable to purchase an aggregate of up to 720,000 shares of Common Stock."}
{"sent": "The shares of Series B Preferred Stock and accompanying Warrants are being offered at $25, for an aggregate offering amount of up to $30,000,000."}
{"sent": "A. H. Belo Corp (NYSE:AHC) Declares $0.08  -  Dividend A. H. Belo Corp (NYSE:AHC) announced a  -  dividend on Friday, September 13th, Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.08 per share on Friday, December 6th. This represents a yield of 8.9%."}
{"sent": "A. H. Belo Corp (NYSE:AHC) Declares $0.08  -  Dividend A. H. Belo Corp (NYSE:AHC) announced a  -  dividend on Friday, September 13th, Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.08 per share on Friday, December 6th. This represents a yield of 8.9%."}
{"sent": "iShares Russell 3000 ETF Plans  -  Dividend of $0.77 (NYSEARCA:IWV) Tweet  iShares Russell 3000 ETF (NYSEARCA:IWV) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be paid a dividend of 0.7669 per share on Monday, September 30th. This represents a dividend yield of 1.8%."}
{"sent": "iShares Russell 3000 ETF Plans  -  Dividend of $0.77 (NYSEARCA:IWV) Tweet  iShares Russell 3000 ETF (NYSEARCA:IWV) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be paid a dividend of 0.7669 per share on Monday, September 30th. This represents a dividend yield of 1.8%."}
{"sent": "Shares of IWV stock traded up $1.06 during trading hours on Wednesday, reaching $174.43. 201,707 shares of the company's stock were exchanged, compared to its average volume of 317,034."}
{"sent": "Analyst Ratings  This is a summary of current ratings for AEGON and Brighthouse Financial, as reported by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - AEGON - 0 - 3 - 3 - 0 - 2.50  - Brighthouse Financial - 3 - 6 - 0 - 0 - 1.67  AEGON presently has a consensus price target of $5.00, indicating a potential upside of 22.25%."}
{"sent": "Brighthouse Financial has a consensus price target of $36.63, indicating a potential downside of 8.37%."}
{"sent": "Mumbai: Domestic equity benchmark BSE Sensex skyrocketed over 2,000 points in morning session on Friday after Finance Minister Nirmala Sitharaman announced a slew of measures to revive the ailing economy."}
{"sent": "Sitharaman said the revenue foregone on reduction in corporate tax and other relief measures will be Rs 1.45 lakh crore annually. This, she said, is being done to promote investment and growth."}
{"sent": "23 Sep 2019 Legal & General announces that it has acquired Quarry House in Leeds for \u00a3243m. Representing its eleventh Government hub deal, the deal brings its investment into the Government Hub programme to over \u00a31.5bn and investment into Leeds to over \u00a31.1bn."}
{"sent": "In 2019, the tax is paid by high earners on the part of their annual income that exceeds 703,000 kronor (approximately $73,000), and means they pay five percentage units more in tax on that chunk of money."}
{"sent": "It is now being scrapped as part of the government's autumn budget  -  which will be presented on September 18th and follows a deal struck between the centre-left government and the centre-liberal parties  -  and means that Sweden's 345,000 highest earners will get a tax cut of on average 17,700 kronor a year."}
{"sent": "With the company having a huge net cash position, a combination of dividends, net share settlements, and share repurchases has returned almost $400 billion since."}
{"sent": "(Source: Apple capital return plan document, seen here)  In the past six quarters, the company has brought its net cash position down by more than a third, from $163 billion to $102 billion. That's primarily because management stepped in with some huge quarterly share repurchases."}
{"sent": "If Apple reduces its net cash position by $28 billion every six months until the end of calendar 2020, then the reduction will leave it with just $18 billion in net cash."}
{"sent": "Regardless of when that does actually occur, the company still produces tremendous free cash flow each fiscal year, averaging about $58 billion per fiscal year over the last five (not counting the period we are currently in) as seen below."}
{"sent": "Well, the dividend is currently running at about $14 billion a year, and let's assume another $10 billion per goes to debt repayments and $1 billion goes to acquisitions. That would leave $35 billion a year to go to share repurchases, meaning Apple could still buy back more than $8 billion a quarter and still be at a cash neutral position."}
{"sent": "As the company reduces its share count further by the quarter, the buyback becomes even more important for the same number of shares repurchased. For example, when the share count after the split was about 6.5 billion, a 100 million share count reduction would improve EPS by 1.54%."}
{"sent": "Now, we are roughly at 4.5 billion shares, meaning every 100 million lowering now boosts EPS by 2.22%."}
{"sent": "Picture: BLOOMBERG/SUSANA GONZALEZ  The share price of Blue Label Telecoms, the largest shareholder of Cell C, fell to a record low on Tuesday after the JSE said it was facing suspension for failing to deliver its financial results. The JSE said on Tuesday Blue Label had until the end of the September to release its results for the year ended-May. As of 9.30am, Blue Label's share price was 6.94% lower at R2.68, its lowest since listing."}
{"sent": "Piper Jaffray Companies raised First Financial Bancorp from a neutral rating to an overweight rating and boosted their price target for the stock from $28.00 to $29.00 in a report on Thursday, June 20th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company's stock. First Financial Bancorp presently has a consensus rating of Hold and a consensus price target of $28.50."}
{"sent": "Piper Jaffray Companies raised First Financial Bancorp from a neutral rating to an overweight rating and boosted their price target for the stock from $28.00 to $29.00 in a report on Thursday, June 20th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company's stock. First Financial Bancorp presently has a consensus rating of Hold and a consensus price target of $28.50."}
{"sent": "Shares of NASDAQ FFBC traded up $0.61 during trading on Wednesday, reaching $24.97."}
{"sent": "The bank reported $0.58 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.57 by $0.01."}
{"sent": "In related news, Chairman Claude E. Davis sold 22,420 shares of the company's stock in a transaction on Friday, September 13th. The stock was sold at an average price of $25.40, for a total value of $569,468.00. Following the completion of the transaction, the chairman now directly owns 356,517 shares in the company, valued at $9,055,531.80."}
{"sent": "Also, Chairman Claude E. Davis sold 26,657 shares of the company's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $25.32, for a total value of $674,955.24. Following the completion of the transaction, the chairman now owns 329,860 shares of the company's stock, valued at $8,352,055.20."}
{"sent": "Over the last three months, insiders sold 54,077 shares of company stock valued at $1,372,473. Insiders own 2.00% of the company's stock."}
{"sent": "HighTower Advisors LLC increased its stake in First Financial Bancorp by 0.3% in the second quarter. HighTower Advisors LLC now owns 203,346 shares of the bank's stock valued at $4,923,000 after purchasing an additional 536 shares during the last quarter."}
{"sent": "Janney Montgomery Scott LLC increased its stake in First Financial Bancorp by 4.8% in the first quarter. Janney Montgomery Scott LLC now owns 13,043 shares of the bank's stock valued at $314,000 after purchasing an additional 593 shares during the last quarter."}
{"sent": "Oregon Public Employees Retirement Fund increased its stake in First Financial Bancorp by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 37,919 shares of the bank's stock valued at $912,000 after purchasing an additional 685 shares during the last quarter."}
{"sent": "Jennison Associates LLC grew its position in First Financial Bancorp by 2.0% during the second quarter. Jennison Associates LLC now owns 42,390 shares of the bank's stock valued at $1,027,000 after acquiring an additional 811 shares during the period."}
{"sent": "Finally, Mason Street Advisors LLC grew its position in First Financial Bancorp by 3.9% during the first quarter. Mason Street Advisors LLC now owns 31,598 shares of the bank's stock valued at $760,000 after acquiring an additional 1,192 shares during the period."}
{"sent": "Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC."}
{"sent": "Bamberg, Germany  -  Michelin Group has announced plans to shut down its tire production plant in Hallstadt, Bamberg, by early 2021, affecting 858 employees. The closure will cost the French tire maker approximately \u20ac167 million in non-recurring expenses which will be reflected in the company's consolidated financial statements as of 31 Dec 2019, Michelin said 25 Sept.  In operation since 1971, the Bamberg site manufactures 8 million tires per year, mainly 16-inch passenger car tires, the demand for which has seen a sharp decline globally."}
{"sent": "In addition, the market segment faces extremely strong competition from Asian manufacturers, according to the French tire maker. To address this market development, Michelin said it had invested \u20ac60 million since 2013 in gradually adapting the site's production."}
{"sent": "The announcement comes less than a year after Michelin unveiled plans to shut down another small-sized tire production plant in Dundee, Scotland, affecting 845 jobs."}
{"sent": "CB Financial Services Inc (NASDAQ:CBFV) Announces $0.24 Quarterly Dividend CB Financial Services Inc (NASDAQ:CBFV) declared a quarterly dividend on Wednesday, August 21st, NASDAQ reports. Shareholders of record on Friday, September 6th will be paid a dividend of 0.24 per share by the bank on Monday, September 16th. This represents a $0.96 dividend on an annualized basis and a yield of 3.78%."}
{"sent": "CB Financial Services Inc (NASDAQ:CBFV) Announces $0.24 Quarterly Dividend CB Financial Services Inc (NASDAQ:CBFV) declared a quarterly dividend on Wednesday, August 21st, NASDAQ reports. Shareholders of record on Friday, September 6th will be paid a dividend of 0.24 per share by the bank on Monday, September 16th. This represents a $0.96 dividend on an annualized basis and a yield of 3.78%."}
{"sent": "Equities analysts expect CB Financial Services to earn $2.30 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 41.7%."}
{"sent": "The bank reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.07."}
{"sent": "AAC TECHNOLOGIE/ADR to Issue Semi-Annual Dividend of $0.04 (OTCMKTS:AACAY) Tweet  AAC TECHNOLOGIE/ADR (OTCMKTS:AACAY) announced a Semi-Annual dividend on Friday, August 23rd, Zacks reports. Investors of record on Wednesday, September 11th will be given a dividend of 0.041 per share on Tuesday, October 15th."}
{"sent": "Jefferies Financial Group lowered shares of AAC TECHNOLOGIE/ADR from a buy rating to a hold rating in a report on Monday, August 26th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. The company has a consensus rating of Hold and a consensus price target of $6.25."}
{"sent": "Jefferies Financial Group lowered shares of AAC TECHNOLOGIE/ADR from a buy rating to a hold rating in a report on Monday, August 26th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. The company has a consensus rating of Hold and a consensus price target of $6.25."}
{"sent": "NorthMarq Arranges $7M Freddie Mac Loan to Refinance Multifamily Property in Chicopee, Massachusetts Posted on by Alex Patton in Loans, Massachusetts, Multifamily, Northeast  CHICOPEE, MASS.  -  NorthMarq has arranged a $7 million Freddie Mac loan to refinance Montcalm Heights Apartments, a 192-unit multifamily property in Chicopee, located approximately 35 miles north of Hartford."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Change Healthcare - 0 - 1 - 15 - 0 - 2.94  - ZIX - 0 - 0 - 3 - 0 - 3.00  Change Healthcare currently has a consensus price target of $19.04, indicating a potential upside of 43.77%."}
{"sent": "ZIX has a consensus price target of $11.67, indicating a potential upside of 47.68%."}
{"sent": "The US Federal Reserve (Fed) cut its interest rate by 0.25% in July this year, its first rate cut in a decade. Last month, central banks in India, Thailand and New Zealand followed suit, furthering a global trend of monetary easing policy. In Malaysia, Bank Negara Malaysia cut its overnight policy rate (OPR) to 3% and several local banks expect the rate to be lowered by another 25 basis points by the end of this year."}
{"sent": "She added, to attract investment in manufacturing, local companies incorporated after October 2019 will pay tax at 15 per cent."}
{"sent": "Sept. 24 (UPI) -- British regulators said Tuesday they may investigate the collapse of the travel firm Thomas Cook, which left more than 600,000 vacationers stranded this week."}
{"sent": "Wyden, an Oregon Democrat who's the ranking minority member on the Senate Finance Committee, also would like to see tax collection on certain investment gains of the wealthiest people annually instead of when sold, as well as minimize the benefit of deferring tax on gains from the sale or transfer of non-tradable assets like real estate investments, aka like-kind exchanges. The new money from these changes, says Wyden, could raise between $1.5 trillion and $2 trillion over 10 years."}
{"sent": "Wyden also creates special exemptions for family farms, homes and retirement savings. The first $5 million in value of family farms and $2 million of primary and secondary residences would not count toward the $10 million asset threshold. As for retirement savings, which is where most middle-income folks put the bulk of their investments, the Oregon Democrat says the first $3 million would be exempted from the threshold and none of the gains in those accounts would be subject to the annual tax requirement."}
{"sent": "Wyden also creates special exemptions for family farms, homes and retirement savings. The first $5 million in value of family farms and $2 million of primary and secondary residences would not count toward the $10 million asset threshold. As for retirement savings, which is where most middle-income folks put the bulk of their investments, the Oregon Democrat says the first $3 million would be exempted from the threshold and none of the gains in those accounts would be subject to the annual tax requirement."}
{"sent": "September 13, 2019        126        Urjakhabar Kathmandu- With the rising number of electric vehicles on the streets of Kathmandu, Nepal Electricity Authority (NEA) is planning to instal 50 charging stations for electric vehicles across all seven provinces within a year and a half."}
{"sent": "Liberals  Sept. 13: Eliminate the swipe fee merchants pay to credit-card companies on every transaction, reduce the cost of federal incorporation, make federal business advisory services fee-free, create a voluntary payroll system to automate records for small businesses, launch a pilot project to give up to $50,000 to up to 2,000 entrepreneurs to help them start businesses, and give $250 for new businesses to develop a website or e-commerce platform."}
{"sent": "Liberals  Sept. 13: Eliminate the swipe fee merchants pay to credit-card companies on every transaction, reduce the cost of federal incorporation, make federal business advisory services fee-free, create a voluntary payroll system to automate records for small businesses, launch a pilot project to give up to $50,000 to up to 2,000 entrepreneurs to help them start businesses, and give $250 for new businesses to develop a website or e-commerce platform."}
{"sent": "Shares ended the day up about 12% following a report that the company has sought the advice of an investment bank and may be exploring a sale."}
{"sent": "Shares cratered in August, falling to $2.85 in the weeks following the second quarter earnings release, in which the company beat consensus estimates on revenue and earnings, but cut full year revenue guidance."}
{"sent": "Chloe and her fiance will also have 33 family members flying out, with their trips costing more than \u00a333,000 in total."}
{"sent": "If you're over 50, though, you can make up to $6,000 of catch-up contributions per year."}
{"sent": "But if you withdraw from your 403(b) any earlier than that, you'll generally be charged a 10% penalty."}
{"sent": "Amazon commits to 100% renewable energy, 100,000 electric vans to fight climate change Nathan Bomey USA TODAY  Published 2:00 PM EDT Sep 19, 2019  WASHINGTON  -  Amazon CEO Jeff Bezos said Thursday that the company has committed to meet the terms of the Paris climate agreement 10 years ahead of schedule, including by purchasing 100,000 electric vans and moving to 100% renewable energy."}
{"sent": "Bank of Montreal Can grew its position in shares of EnPro Industries by 204.5% during the second quarter. Bank of Montreal Can now owns 2,549 shares of the industrial products company's stock worth $162,000 after buying an additional 1,712 shares in the last quarter."}
{"sent": "Nisa Investment Advisors LLC boosted its position in EnPro Industries by 50.0% during the second quarter. Nisa Investment Advisors LLC now owns 3,000 shares of the industrial products company's stock worth $192,000 after purchasing an additional 1,000 shares during the period."}
{"sent": "Shares of EnPro Industries stock traded up $0.08 during trading on Friday, reaching $68.74. 226,560 shares of the company's stock were exchanged, compared to its average volume of 119,883."}
{"sent": "The industrial products company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.32."}
{"sent": "The company also recently declared a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Wednesday, September 4th were given a dividend of $0.25 per share."}
{"sent": "Separately, Zacks Investment Research raised EnPro Industries from a sell rating to a hold rating in a research note on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $81.00."}
{"sent": "Separately, Zacks Investment Research raised EnPro Industries from a sell rating to a hold rating in a research note on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $81.00."}
{"sent": "In other EnPro Industries news, Director Stephen E. Macadam sold 11,261 shares of the business's stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $67.26, for a total transaction of $757,414.86. Following the completion of the sale, the director now directly owns 227,388 shares in the company, valued at approximately $15,294,116.88."}
{"sent": "Also, SVP Steven R. Bower bought 1,700 shares of the company's stock in a transaction that occurred on Tuesday, August 6th. The stock was purchased at an average cost of $63.92 per share, with a total value of $108,664.00. Following the acquisition, the senior vice president now directly owns 3,190 shares in the company, valued at approximately $203,904.80."}
{"sent": "Capital expenditure may represent acquisition of any tangible or intangible fixed assets for enduring future benefits. Therefore, the benefits arising out of capital expenditure last for more than one accounting period whereas those arising out of revenue expenses expire in the same accounting period."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Crawford United - 0 - 0 - 0 - 0 - N/A  - Fortive - 1 - 5 - 7 - 0 - 2.46  Fortive has a consensus price target of $83.68, indicating a potential upside of 19.51%."}
{"sent": "We've also expanded our digital coverage area to reach 95% of our customers, said William Rodney McMullen, chairman and chief executive officer, during a conference call with analysts Sept. 12. This means that 95% of our customers who shop Kroger at a brick-and-mortar store can also shop with us for pickup or delivery."}
{"sent": "Items that pressured earnings included a last-in-first-out (LIFO) charge of $30 million during the quarter, which was $18 million higher than the charge during the second quarter of fiscal 2018."}
{"sent": "The company also will expand its relationship with Walgreens this fall. Thirty-five Walgreens stores in Knoxville, Tenn., will sell a selection of Kroger's private label brands."}
{"sent": "R-BgO R-BgO 1,353 Beitrag schreiben 0 0 Bewertung: R-BgO Five Acquisitions The Company's Board is pleased to announce that it has entered into binding sale and purchase agreements to acquire five new build sub-5 megawatt peak (MWp) ground-mounted solar photovoltaic (PV) plants. The projects are being acquired for a total consideration of \u00a322.7 million, including transaction costs and working capital."}
{"sent": "The successful acquisition of the projects will bring the total of the Company's projects constructed by Solar Century to seventeen, with a total capacity of c.166 MWp."}
{"sent": "The acquisitions have been fully funded through the placing of new Ordinary Shares announced 20 October 2016, which raised gross proceeds of approximately \u00a360.6 million."}
{"sent": "With this knowledge the Council feels unable to leave delivery of care services under the management of Buckinghamshire Care Ltd.  Resource Implications - There will be some one-off costs (\u00a3364,000) relating to bringing Bucks Care back in-house."}
{"sent": "Additional gross recurrent costs (\u00a3594,000) will be incurred relating to pension costs."}
{"sent": "For its part, Mediaset has announced several lawsuits against Vivendi's video-sharing site Dailymotion, claiming more than $200 million in compensation for what it alleges is illegal use of its content."}
{"sent": "Mediaset, which is controlled by the family of former Italian prime minister Silvio Berlusconi, has been waging a legal battle against Vivendi since a botched 2016 pay-TV deal. As their alliance went sour, Vivendi, owned by French billionaire Vincent Bollore, built up a 28.8% stake in Mediaset, becoming its second-biggest shareholder behind the Berlusconi family, which holds a 44% stake in the company through their holding company Fininvest."}
{"sent": "The total offering amount was $21.89 million. The offering filing was filed on 2019-09-16. Fund Eq-Lrn, A Series Of Equidate Investments, Llc's clarification was: This amount represents a one-time fixed cost to cover fund organizational and operating expenses.."}
{"sent": "Analyst Ratings  This is a breakdown of recent ratings and recommmendations for General Motors and Stagecoach Group, as provided by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - General Motors - 0 - 3 - 10 - 0 - 2.77  - Stagecoach Group - 0 - 0 - 0 - 0 - N/A  General Motors currently has a consensus target price of $47.36, suggesting a potential upside of 26.74%."}
{"sent": "By Matt Hughes For The Daily Mail  Published: 22:30 BST, 24 September 2019 | Updated: 22:41 BST, 24 September 2019  68  View  comments  Wolves' owners are facing losses of more than \u00a31billion following the collapse of Thomas Cook and are seeking fresh investment."}
{"sent": "Sources with knowledge of the company told Sportsmail their stake had at one stage been valued at more than \u00a31bn after they began buying shares in 2015."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - XPEL - 0 - 0 - 1 - 0 - 3.00  - Northern Technologies International - 0 - 0 - 1 - 0 - 3.00  XPEL currently has a consensus price target of $15.00, suggesting a potential upside of 29.20%."}
{"sent": "Northern Technologies International has a consensus price target of $16.00, suggesting a potential upside of 30.51%."}
{"sent": "At the beginning of the week, the money market rate decoupled from the funds rate  -  surging from the target 1.75 to 2 percent rate to 10 percent."}
{"sent": "Banks bid for the Federal Reserve's money by pawning off securities (mainly Treasury bonds and mortgages) as collateral in return for cash loans. As a result, the Federal Reserve pumped $53.2 billion into the market on September 17 and $75 billion on September 18, 19 and 20 for a whopping $278 billion  -  more than one-third of the money spent on President Obama's stimulus package in 2009.  Why Did This Happen and What Does This Mean?"}
{"sent": "The one being thrown around in the wake of these cash infusions is that there was a perfect storm of coincidences: Primary among these are that banks withdrew cash to pay quarterly corporate taxes and that bank balance sheets have been inundated with $78 billion in new bonds that the government sold last week to finance its operations."}
{"sent": "In an unexpected move, the dismissed-as-a-newbie to finance,Nirmala Sitharaman used a smart nudge to get the existing firms to on-board a lower tax regime, while she announced the reduction of the tax rate for new firms. Firms incorporated on or after 1 October 2019, that do not avail any tax break, will now pay 15% (effective rate is 17.01% post surcharge and cess) as corporate income tax, down from the existing top marginal rate of 34.94% for firms of turnover over \u20b9 400 crore. Older firms, some of whom had been very vocal in the past few months asking for a tax reduction to be globally competitive, will now be faced with a choice: continue to pay at the current rate and avail all exemptions applicable or give up the tax sops and move to a lower tax rate of 22% (25.17% post surcharge and cess)."}
{"sent": "In an unexpected move, the dismissed-as-a-newbie to finance,Nirmala Sitharaman used a smart nudge to get the existing firms to on-board a lower tax regime, while she announced the reduction of the tax rate for new firms. Firms incorporated on or after 1 October 2019, that do not avail any tax break, will now pay 15% (effective rate is 17.01% post surcharge and cess) as corporate income tax, down from the existing top marginal rate of 34.94% for firms of turnover over \u20b9 400 crore. Older firms, some of whom had been very vocal in the past few months asking for a tax reduction to be globally competitive, will now be faced with a choice: continue to pay at the current rate and avail all exemptions applicable or give up the tax sops and move to a lower tax rate of 22% (25.17% post surcharge and cess)."}
{"sent": "What began as a neat three slab tax rate system, now has seven effective levels due to the surcharges on higher incomes."}
{"sent": "Elizabeth Warren  Daniel Acker/Bloomberg  Warren envisions a yearly tax on household wealth  -  2 percent on fortunes of more than $50 million and 3 percent above $1 billion  -  as a way to reduce wealth inequality and pay for progressive priorities."}
{"sent": "Koch is worth an estimated $59.4 billion, with stakes in pipelines, chemicals, paper and industrial businesses."}
{"sent": "What we need to make the wealth tax work in the short run is high audit rates on the very rich, which is feasible, Zucman said. He suggests an audit rate in the 30 to 50 percent range."}
{"sent": "The IRS had 9,346 fewer examination and collection agents in 2018 than in 2010, a loss of more than 22 percent of the audit workforce, according to agency data."}
{"sent": "Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) Plans $0.14  -  Dividend Tweet  Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.1391 per share on Monday, September 30th. This represents a yield of 2.6%."}
{"sent": "Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) Plans $0.14  -  Dividend Tweet  Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.1391 per share on Monday, September 30th. This represents a yield of 2.6%."}
{"sent": "NYSEARCA:XMVM traded down $0.03 on Monday, hitting $32.09."}
{"sent": "In the last five years alone, David Jones has had to drop the value of the company by $437m due to what some are calling a 'retail recession'."}
{"sent": "'If you had one head office, one buying team, one operations team, one visual operation team you would be able to save between $50m and $80m a year, instead of having two of everything,' he said."}
{"sent": "Just recently, Tron recorded a surge of 2.14% over 24 hours, bringing its market cap to $1.153 billion."}
{"sent": "With over $5.2 billion of TRX locked up in staking and an average yield of 13.2%, almost $700 million are made in profits annually from staking on Tron."}
{"sent": "Among the companies that value funds are unloading are energy stocks, which surged 2.2% on Monday after an attack on Saudi Arabian crude facilities knocked out 5% of the world's supply."}
{"sent": "Matt Davidson Sells 2,688 Shares of Verrica Pharmaceuticals Inc (NASDAQ:VRCA) Stock Tweet  Verrica Pharmaceuticals Inc (NASDAQ:VRCA) major shareholder Matt Davidson sold 2,688 shares of the firm's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $10.16, for a total value of $27,310.08. Following the completion of the sale, the insider now directly owns 2,577,681 shares in the company, valued at $26,189,238.96."}
{"sent": "The company reported ($0.28) EPS for the quarter, topping analysts' consensus estimates of ($0.30) by $0.02."}
{"sent": "JPMorgan Chase & Co. boosted its position in shares of Verrica Pharmaceuticals by 35.5% during the second quarter. JPMorgan Chase & Co. now owns 3,541 shares of the company's stock worth $34,000 after purchasing an additional 927 shares in the last quarter."}
{"sent": "Northern Trust Corp lifted its position in Verrica Pharmaceuticals by 3.8% in the 2nd quarter. Northern Trust Corp now owns 111,261 shares of the company's stock valued at $1,293,000 after acquiring an additional 4,049 shares in the last quarter."}
{"sent": "Bank of New York Mellon Corp lifted its position in Verrica Pharmaceuticals by 39.1% in the 4th quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company's stock valued at $136,000 after acquiring an additional 4,681 shares in the last quarter."}
{"sent": "Asymmetry Capital Management L.P. lifted its position in Verrica Pharmaceuticals by 12.0% in the 1st quarter. Asymmetry Capital Management L.P. now owns 70,458 shares of the company's stock valued at $762,000 after acquiring an additional 7,576 shares in the last quarter."}
{"sent": "Finally, Geode Capital Management LLC lifted its position in Verrica Pharmaceuticals by 31.7% in the 4th quarter. Geode Capital Management LLC now owns 36,906 shares of the company's stock valued at $300,000 after acquiring an additional 8,885 shares in the last quarter."}
{"sent": "(Image: AAP/Paul Miller)  One of the great unanswered stories of Australian media this year is why banks and other financial groups won't refinance Foxtel's $1.5 billion debt. The question of why financial groups are unwilling to lend a hand has resurfaced, with a a US$75 million (A$110 million) debt repayment due today, Wednesday September 25."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Seacoast Commerce Banc - 0 - 0 - 0 - 0 - N/A  - First Community - 0 - 1 - 0 - 0 - 2.00  First Community has a consensus target price of $20.50, indicating a potential upside of 5.07%."}
{"sent": "Ms Long-Bailey said a Labour government would spend \u00a31.8bn to build three such factories, each employing 3,184 people, and had already decided the locations."}
{"sent": "Rebecca Long-Bailey, the Shadow Secretary of State for Business, Energy and Industrial Strategy (Image: Daily Mirror)  Speaking at the party's conference in Brighton, she said: We'll invest \u00a31.8 billion in collaboration with private investors, to build three huge battery production facilities, called 'Gigafactories' in Stoke, Croydon and South Wales, bringing thousands of jobs to these areas."}
{"sent": "Labour also said it would offer carmakers \u00a33bn to help them pay to update factories and help them produce electric cars."}
{"sent": "Because it has multiple floors, the actual floorspace inside the building is 5.3 million square feet, or 121 acres."}
{"sent": "Essential Properties Realty Trust Inc (EPRT) to Issue Quarterly Dividend of $0.22 on October 15th . Stockholders of record on Monday, September 30th will be given a dividend of 0.22 per share on Tuesday, October 15th. This represents a $0.88 annualized dividend and a dividend yield of 3.80%."}
{"sent": "Essential Properties Realty Trust Inc (EPRT) to Issue Quarterly Dividend of $0.22 on October 15th . Stockholders of record on Monday, September 30th will be given a dividend of 0.22 per share on Tuesday, October 15th. This represents a $0.88 annualized dividend and a dividend yield of 3.80%."}
{"sent": "Research analysts expect Essential Properties Realty Trust to earn $1.32 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 66.7%."}
{"sent": "NYSE EPRT traded down $0.32 on Wednesday, hitting $23.17."}
{"sent": "They set a sector perform rating and a $21.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of Hold and an average target price of $20.79."}
{"sent": "They set a sector perform rating and a $21.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of Hold and an average target price of $20.79."}
{"sent": "An additional employee reservation portion of 1.6 lakh shares is also there which makes the total offer size to 12.6 percent of total paid-up equity."}
{"sent": "The Fed's action this week was its first overnight repo auction since 2008 and it came after short-term repo rates surged to their highest level in years. The overnight borrowing rate  -  one that bond dealers, hedge funds, and other market participants are charged behind the scenes to borrow funds for a short period, in return for highly liquid collateral such as U.S. Treasurys  -  jumped to a high around 9%. The Fed's action pushed it back to a desired 2%-2.25% range but the New York Federal Reserve said it would carry out a second overnight repo operation on Wednesday  - up to $75 billion in repos."}
{"sent": "Associated Banc Corp Grows Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) Associated Banc Corp increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,697 shares of the company's stock after purchasing an additional 1,346 shares during the period. Associated Banc Corp's holdings in SPDR S&P Dividend ETF were worth $7,132,000 as of its most recent filing with the Securities and Exchange Commission."}
{"sent": "Associated Banc Corp Grows Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) Associated Banc Corp increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,697 shares of the company's stock after purchasing an additional 1,346 shares during the period. Associated Banc Corp's holdings in SPDR S&P Dividend ETF were worth $7,132,000 as of its most recent filing with the Securities and Exchange Commission."}
{"sent": "Rikoon Group LLC lifted its stake in shares of SPDR S&P Dividend ETF by 2.8% in the 2nd quarter. Rikoon Group LLC now owns 8,779 shares of the company's stock valued at $886,000 after purchasing an additional 237 shares during the period."}
{"sent": "Prime Capital Investment Advisors LLC raised its stake in SPDR S&P Dividend ETF by 200.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 3,001 shares of the company's stock worth $303,000 after buying an additional 2,001 shares during the period."}
{"sent": "H D Vest Advisory Services increased its holdings in SPDR S&P Dividend ETF by 46.6% during the 2nd quarter. H D Vest Advisory Services now owns 27,212 shares of the company's stock worth $2,745,000 after purchasing an additional 8,653 shares in the last quarter."}
{"sent": "ACG Wealth increased its holdings in SPDR S&P Dividend ETF by 5.7% during the 2nd quarter. ACG Wealth now owns 14,561 shares of the company's stock worth $1,469,000 after purchasing an additional 786 shares in the last quarter."}
{"sent": "Finally, Mycio Wealth Partners LLC increased its holdings in SPDR S&P Dividend ETF by 0.8% during the 2nd quarter. Mycio Wealth Partners LLC now owns 364,263 shares of the company's stock worth $36,747,000 after purchasing an additional 2,989 shares in the last quarter."}
{"sent": "SDY traded down $0.12 during midday trading on Friday, reaching $103.68. 341,069 shares of the company were exchanged, compared to its average volume of 607,653."}
{"sent": "After implementing Visual Earnings, a customer's projected loss of $1.4 million became a profit of $112,000. The turnaround was driven by a 400% increase in productivity and 27% higher production volume with only 26 workers instead of 152."}
{"sent": "ISHARES TR/RESIDENTIAL RL EST (BMV:REZ) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.5189 per share on Monday, September 30th. This represents a dividend yield of 2.7%."}
{"sent": "ISHARES TR/RESIDENTIAL RL EST (BMV:REZ) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.5189 per share on Monday, September 30th. This represents a dividend yield of 2.7%."}
{"sent": "He is campaigning for a 20% reduction in business rates and a 2% tax on all online sales, in order to balance the books."}
{"sent": "Clime Investment Management Limited (ASX:CIW) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Investors of record on Thursday, October 3rd will be given a dividend of 0.015 per share on Thursday, October 3rd. This represents a yield of 2.94%."}
{"sent": "Clime Investment Management Limited (ASX:CIW) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Investors of record on Thursday, October 3rd will be given a dividend of 0.015 per share on Thursday, October 3rd. This represents a yield of 2.94%."}
{"sent": "iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Declares $0.58  -  Dividend iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.5807 per share on Monday, September 30th. This represents a dividend yield of 1.5%."}
{"sent": "iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Declares $0.58  -  Dividend iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.5807 per share on Monday, September 30th. This represents a dividend yield of 1.5%."}
{"sent": "Shares of IJS stock traded down $2.01 on Tuesday, hitting $150.26."}
{"sent": "Pacific Smiles Group Ltd (PSQ) to Issue Final Dividend of $0.04 on October 4th Tweet  Pacific Smiles Group Ltd (ASX:PSQ) announced a final dividend on Friday, August 23rd, MarketIndexAU reports. Stockholders of record on Friday, October 4th will be paid a dividend of 0.035 per share on Friday, October 4th. This represents a dividend yield of 2.69%."}
{"sent": "Pacific Smiles Group Ltd (PSQ) to Issue Final Dividend of $0.04 on October 4th Tweet  Pacific Smiles Group Ltd (ASX:PSQ) announced a final dividend on Friday, August 23rd, MarketIndexAU reports. Stockholders of record on Friday, October 4th will be paid a dividend of 0.035 per share on Friday, October 4th. This represents a dividend yield of 2.69%."}
{"sent": "With tax concerns largely allayed in our view, we believe that investors will look towards MUST's consistent delivery of a 4.5 per cent CAGR in FY19-21F DPU (Distribution Per Unit) to drive higher valuations for the stock."}
{"sent": "Motley Fool Singapore also points out that for EHT, two hotels - The Queen Mary Long Beach and Holiday Inn Resort Orlando Suites Waterpark - contribute around 31 per cent of the trust's fixed rental income. As such, Eagle Hospitality Trust, despite its relatively large portfolio of 18 properties, is still highly dependent on just two properties within its portfolio, says the May report."}
{"sent": "In the US hospitality sector, meanwhile, revenue per available room (RevPAR) has consistently grown as demand for rooms has continued to outpace supply. Future supply growth is expected to be constrained by rising construction costs, tight labour supply and costs of raw materials. The compound annual growth rate (CAGR) for RevPAR between 2013 and 2018 for select-service hotels (which provide limited services and amenities) like those in ARA-H-Trust's portfolio, stood at 4.6 per cent compared with the 3.4 per cent for full-service hotels."}
{"sent": "US-listed Reits usually retain 50 per cent of their cash for capital expenditure at the funds from operations level, to define the cash flow from their operations."}
{"sent": "Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Stockholders of record on Tuesday, September 24th will be given a dividend of 0.3845 per share on Monday, September 30th. This represents a dividend yield of 3.4%."}
{"sent": "Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Stockholders of record on Tuesday, September 24th will be given a dividend of 0.3845 per share on Monday, September 30th. This represents a dividend yield of 3.4%."}
{"sent": "Invesco FTSE RAFI Emerging Markets ETF stock traded down $0.31 during midday trading on Monday, reaching $20.40. 187,573 shares of the stock traded hands, compared to its average volume of 393,866."}
{"sent": "Blackrock Muniyield Michign Qulty Fd Inc (NYSE:MIY) Plans  -  Dividend of $0.05 Daily Ratings & News for Blackrock Muniyield Michign Qulty Fd Complete the form below to receive the latest headlines and analysts' recommendations for Blackrock Muniyield Michign Qulty Fd with our free daily email newsletter:  Blackrock Muniyield Michign Qulty Fd Inc (NYSE:MIY) declared a  -  dividend on Thursday, September 5th, Wall Street Journal reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.049 per share by the financial services provider on Tuesday, October 1st. This represents a dividend yield of 4.1%."}
{"sent": "Blackrock Muniyield Michign Qulty Fd Inc (NYSE:MIY) Plans  -  Dividend of $0.05 Daily Ratings & News for Blackrock Muniyield Michign Qulty Fd Complete the form below to receive the latest headlines and analysts' recommendations for Blackrock Muniyield Michign Qulty Fd with our free daily email newsletter:  Blackrock Muniyield Michign Qulty Fd Inc (NYSE:MIY) declared a  -  dividend on Thursday, September 5th, Wall Street Journal reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.049 per share by the financial services provider on Tuesday, October 1st. This represents a dividend yield of 4.1%."}
{"sent": "Meridian Energy Ltd (ASX:MEZ) Announces Final Dividend of $0.12 Meridian Energy Ltd (ASX:MEZ) announced a final dividend on Friday, September 13th, MarketIndexAU reports. Investors of record on Wednesday, October 16th will be paid a dividend of 0.119 per share on Wednesday, October 16th. This represents a dividend yield of 2.46%."}
{"sent": "Meridian Energy Ltd (ASX:MEZ) Announces Final Dividend of $0.12 Meridian Energy Ltd (ASX:MEZ) announced a final dividend on Friday, September 13th, MarketIndexAU reports. Investors of record on Wednesday, October 16th will be paid a dividend of 0.119 per share on Wednesday, October 16th. This represents a dividend yield of 2.46%."}
{"sent": "He is placing his bet on making BlackBerry a leader in secure mobile communications, crisis communications and embedded software  -  fast-growing markets totaling $22 billion. At a time when cybersecurity has moved to the forefront of concerns in both private enterprise and government, Chen believes his company has the ingredients to be a major player again."}
{"sent": "When BlackBerry reported its first full quarter 2019 earning including Cylance in June, the numbers slightly exceeded expectations but the stock dropped 2% in the following weeks. Chen blames timing. Cybersecurity competitor Crowdstrike , launched its IPO on June 12."}
{"sent": "He expects revenue to grow 23% to 27% in the current fiscal year (up from $904 million in 2019) and to steady at around 15% in subsequent years. He's pouring money into R&D (24% of sales in 2019) and expects to introduce several major new products before next year's Consumer Electronics Show."}
{"sent": "SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) Plans  -  Dividend of $0.22 SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) declared a  -  dividend on Tuesday, September 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, September 4th will be paid a dividend of 0.22 per share on Monday, September 9th. This represents a dividend yield of 5.5%."}
{"sent": "SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) Plans  -  Dividend of $0.22 SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) declared a  -  dividend on Tuesday, September 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, September 4th will be paid a dividend of 0.22 per share on Monday, September 9th. This represents a dividend yield of 5.5%."}
{"sent": "Kenmare Resources plc (LON:KMR) to Issue $0.03 Dividend Tweet  Kenmare Resources plc (LON:KMR) declared a dividend on Tuesday, August 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of $0.03 per share on Friday, October 25th. This represents a yield of 0.9%."}
{"sent": "Kenmare Resources plc (LON:KMR) to Issue $0.03 Dividend Tweet  Kenmare Resources plc (LON:KMR) declared a dividend on Tuesday, August 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of $0.03 per share on Friday, October 25th. This represents a yield of 0.9%."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Range Resources - 2 - 12 - 7 - 0 - 2.24  - Oasis Petroleum - 1 - 15 - 9 - 0 - 2.32  Range Resources presently has a consensus price target of $12.63, indicating a potential upside of 166.52%."}
{"sent": "Oasis Petroleum has a consensus price target of $7.33, indicating a potential upside of 85.19%."}
{"sent": "The financial services provider reported $0.27 EPS for the quarter, missing the Zacks' consensus estimate of $0.29 by ($0.02)."}
{"sent": "BNP Paribas Arbitrage SA grew its holdings in Heritage Commerce by 63,869.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 8,316 shares of the financial services provider's stock worth $101,000 after acquiring an additional 8,303 shares during the period."}
{"sent": "Finally, Globeflex Capital L P grew its holdings in Heritage Commerce by 26.5% during the 1st quarter. Globeflex Capital L P now owns 13,788 shares of the financial services provider's stock worth $167,000 after acquiring an additional 2,888 shares during the period."}
{"sent": "PANAJI: Battling a six-year low economic growth and a 45-year high unemployment rate, the government on Friday slashed corporate tax rates for companies by almost 10 per cent to 25.17 per cent to bring them at par with Asian rivals such as China and South Korea, as it looked to boost demand and investments. Two-and-half-months after presenting her maiden Budget, that was hailed as development-friendly and future-oriented, finance minister Nirmala Sitharaman announced fiscal measures that will cost the government Rs 1.45 lakh crore in revenue annually and may potentially derail the country's fiscal deficit roadmap. In the fourth phase of post-budget economic stimulus measures, Sitharaman cut base corporate tax for existing companies to 22 per cent from current 30 per cent and for new manufacturing firms, incorporated after October 1, 2019 and starting operations before March 31, 2023, to 15 per cent from current 25 per cent."}
{"sent": "PANAJI: Battling a six-year low economic growth and a 45-year high unemployment rate, the government on Friday slashed corporate tax rates for companies by almost 10 per cent to 25.17 per cent to bring them at par with Asian rivals such as China and South Korea, as it looked to boost demand and investments. Two-and-half-months after presenting her maiden Budget, that was hailed as development-friendly and future-oriented, finance minister Nirmala Sitharaman announced fiscal measures that will cost the government Rs 1.45 lakh crore in revenue annually and may potentially derail the country's fiscal deficit roadmap. In the fourth phase of post-budget economic stimulus measures, Sitharaman cut base corporate tax for existing companies to 22 per cent from current 30 per cent and for new manufacturing firms, incorporated after October 1, 2019 and starting operations before March 31, 2023, to 15 per cent from current 25 per cent."}
{"sent": "Sensex surges over 2,000 points after government slashes corporate tax rates Domestic equtiy benchmark BSE sensex on Friday surged over 2,000 points after finance minister Nirmala Sitharaman announced that corporate tax rates will be slashed for domestic companies and new domestic manufacturing companies."}
{"sent": "Sensex surges over 2,000 points after government slashes corporate tax rates Domestic equtiy benchmark BSE sensex on Friday surged over 2,000 points after finance minister Nirmala Sitharaman announced that corporate tax rates will be slashed for domestic companies and new domestic manufacturing companies."}
{"sent": "Investor wealth spikes Rs 2.11 lakh crore after FM announcements Domestic investor wealth soared by Rs 2.11 lakh crore in morning trade on Friday as equity market rallied following a slew of economy-boosting announcements by finance minister Nirmala Sitharaman."}
{"sent": "Investor wealth spikes Rs 2.11 lakh crore after FM announcements Domestic investor wealth soared by Rs 2.11 lakh crore in morning trade on Friday as equity market rallied following a slew of economy-boosting announcements by finance minister Nirmala Sitharaman."}
{"sent": "India's gross domestic product (GDP) growth slowed for the fifth consecutive quarter in April-June 2019 to 5 per cent, the lowest in six years. This was on the back of faltering domestic demand, with both private consumption and investment proving lackluster."}
{"sent": "India's growth slumps to over 6-year low of 5% in June quarter below China's India's economic growth on Friday slumped for the fifth straight quarter to an over six-year low of 5% as consumer demand and private investment slowed amid deteriorating global environment."}
{"sent": "Having lost the tag of the world's fastest-growing economy earlier this year, India's GDP growth was behind China's 6.2% in April-June, its weakest pace in at least 27 years."}
{"sent": "For many farmers who have watched their shareholding halve in value over less than two years, Fonterra's decision to axe its annual dividend was the final straw. I've lost half a million dollars on those dividends, said one farmer, who requested anonymity after transferring some of his milk production to other producers."}
{"sent": "Among Fonterra's biggest missteps was the 2015 purchase of an 18.8% stake in Chinese infant formula manufacturer Beingmate Baby & Child Food <002570.SZ> for NZ$755 million, just as the China market became hyper-competitive and demand slowed. Fonterra last month announced it would cut its Beingmate stake by selling shares after failing to find a buyer. Meanwhile, back home, Fonterra's share of the milk processing market dropped from 96% in 2001 to 82% currently, with consultants TDB Advisory expecting it to be about 75% by 2021."}
{"sent": "Roadrunner Transportation Systems stock traded up $0.28 during mid-day trading on Friday, reaching $9.99. 64,600 shares of the company's stock were exchanged, compared to its average volume of 45,643."}
{"sent": "Finally, Amica Retiree Medical Trust lifted its holdings in Roadrunner Transportation Systems by 2,313.8% during the 1st quarter. Amica Retiree Medical Trust now owns 1,923,384 shares of the transportation company's stock worth $808,000 after buying an additional 1,843,701 shares in the last quarter."}
{"sent": "Medtronic PLC to Issue Quarterly Dividend of $0.54 (NYSE:MDT) Tweet  Medtronic PLC (NYSE:MDT) declared a quarterly dividend on Friday, August 23rd, Zacks reports. Investors of record on Friday, September 27th will be paid a dividend of 0.54 per share by the medical technology company on Friday, October 18th. This represents a $2.16 annualized dividend and a dividend yield of 1.97%."}
{"sent": "Medtronic PLC to Issue Quarterly Dividend of $0.54 (NYSE:MDT) Tweet  Medtronic PLC (NYSE:MDT) declared a quarterly dividend on Friday, August 23rd, Zacks reports. Investors of record on Friday, September 27th will be paid a dividend of 0.54 per share by the medical technology company on Friday, October 18th. This represents a $2.16 annualized dividend and a dividend yield of 1.97%."}
{"sent": "Equities analysts expect Medtronic to earn $6.00 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 36.0%."}
{"sent": "Shares of Medtronic stock traded down $1.06 during trading on Tuesday, hitting $109.78."}
{"sent": "The medical technology company reported $1.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.18 by $0.08."}
{"sent": "In other news, EVP Hooman Hakami sold 82,877 shares of the firm's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $107.31, for a total transaction of $8,893,530.87. Following the sale, the executive vice president now owns 30,761 shares of the company's stock, valued at approximately $3,300,962.91."}
{"sent": "Also, SVP Bradley E. Lerman sold 6,599 shares of the firm's stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $102.02, for a total transaction of $673,229.98. Following the sale, the senior vice president now directly owns 105,960 shares in the company, valued at approximately $10,810,039.20."}
{"sent": "Over the last 90 days, insiders have sold 96,914 shares of company stock valued at $10,315,651. 0.28% of the stock is owned by company insiders."}
{"sent": "Finally, Bank of America set a $118.00 price objective on shares of Medtronic and gave the company a buy rating in a research note on Wednesday, August 21st. Six investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. The company currently has an average rating of Buy and an average target price of $114.15."}
{"sent": "Finally, Bank of America set a $118.00 price objective on shares of Medtronic and gave the company a buy rating in a research note on Wednesday, August 21st. Six investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. The company currently has an average rating of Buy and an average target price of $114.15."}
{"sent": "Finance Minister Nirmala Sitharaman on Friday announced a cut in corporate income tax rate with an aim to revive the slowing economy and attract investment. The basic corporate tax rate was cut to 22 per cent from 30 per cent while for new manufacturing companies was slashed to 15 per cent from 25 per cent."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Brixmor Property Group - 0 - 7 - 3 - 0 - 2.30  - SBA Communications - 0 - 7 - 4 - 0 - 2.36  Brixmor Property Group currently has a consensus price target of $19.00, suggesting a potential downside of 4.09%."}
{"sent": "SBA Communications has a consensus price target of $243.18, suggesting a potential downside of 5.29%."}
{"sent": "Horizon North Logistics Inc (TSE:HNL) declared a quarterly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.02 per share on Tuesday, October 15th. This represents a $0.08 annualized dividend and a dividend yield of 8.00%."}
{"sent": "Horizon North Logistics Inc (TSE:HNL) declared a quarterly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.02 per share on Tuesday, October 15th. This represents a $0.08 annualized dividend and a dividend yield of 8.00%."}
{"sent": "HNL stock traded down C$0.05 on Wednesday, hitting C$1.00. 317,274 shares of the company's stock traded hands, compared to its average volume of 291,345."}
{"sent": "The company reported C($0.06) EPS for the quarter, missing the consensus estimate of C$0.01 by C($0.07)."}
{"sent": "Finally, GMP Securities lowered shares of Horizon North Logistics from a hold rating to a reduce rating and cut their target price for the company from C$2.00 to C$1.00 in a research note on Tuesday, August 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company's stock. Horizon North Logistics has an average rating of Hold and a consensus price target of C$1.75."}
{"sent": "Finally, GMP Securities lowered shares of Horizon North Logistics from a hold rating to a reduce rating and cut their target price for the company from C$2.00 to C$1.00 in a research note on Tuesday, August 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company's stock. Horizon North Logistics has an average rating of Hold and a consensus price target of C$1.75."}
{"sent": "[Click here for information about joining the class action]On May 13, 2019, the American Society of Clinical Oncologists (ASCO) posted online the abstract of MacroGenics' Phase III SOPHIA study of the Company's margetuximab product, which disclosed that the October 2018 progression-free survival (PFS) analysis resulted in a 0.9 month improvement in PFS. On this news, MacroGenics' stock price fell $1.17 per share, or 6.72%, to close at $16.25 per share on May 13, 2019."}
{"sent": "MacroGenics' presentation revealed to the public that the Company had conducted its PFS and overall survival (OS) analyses in October 2018, and that the OS analyses for the SOPHIA trial did not reflect encouraging post-treatment survival statistics for patients. On this news, Macrogenics' stock price fell $3.13 per share, or 16.73%, to close at $15.58 per share on June 4, 2019.The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation."}
{"sent": "(USB.PM)  US Bancorp Deposit Shs Repr Non Cum Perp Pfd Shs Series-F (NYSE:USB.PM) declares $0.4063/share quarterly dividend, in line with previous. Forward yield 5.83%  Payable Oct. 15 for shareholders of record Sept. 30 ex-div Sept. 27."}
{"sent": "The business services provider reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.15) by $0.12."}
{"sent": "The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 3.42%."}
{"sent": "The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 3.42%."}
{"sent": "Public Employees Retirement System of Ohio boosted its holdings in shares of RR Donnelley & Sons by 20.5% in the second quarter. Public Employees Retirement System of Ohio now owns 31,795 shares of the business services provider's stock worth $63,000 after acquiring an additional 5,407 shares during the period."}
{"sent": "Meeder Asset Management Inc. boosted its holdings in shares of RR Donnelley & Sons by 59.7% in the second quarter. Meeder Asset Management Inc. now owns 49,447 shares of the business services provider's stock worth $98,000 after acquiring an additional 18,492 shares during the period."}
{"sent": "BNP Paribas Arbitrage SA boosted its holdings in shares of RR Donnelley & Sons by 55.6% in the first quarter. BNP Paribas Arbitrage SA now owns 22,308 shares of the business services provider's stock worth $105,000 after acquiring an additional 7,968 shares during the period."}
{"sent": "The extra \u00a3200mln is being pushed by a consortium of banks, including Royal Bank of Scotland Group PLC (LON:RBS) and Lloyds Banking Group PLC (LON:LLOY), to ensure Thomas Cook can keep itself afloat over the winter season when holiday bookings are usually lower."}
{"sent": "The company's largest shareholder, Chinese conglomerate Fosun, is stumping up \u00a3450mln for 75% of TCG's tour operator business and 25% of its airline, while the rest of the \u00a3900mln will come from lending banks and debtholders in return for the remaining stakes, wiping out all other shareholders."}
{"sent": "The company's largest shareholder, Chinese conglomerate Fosun, is stumping up \u00a3450mln for 75% of TCG's tour operator business and 25% of its airline, while the rest of the \u00a3900mln will come from lending banks and debtholders in return for the remaining stakes, wiping out all other shareholders."}
{"sent": "News Corp (NASDAQ:NWS) Declares Semi-Annual Dividend of $0.10 Tweet  News Corp (NASDAQ:NWS) announced a Semi-Annual dividend on Thursday, August 8th, Zacks reports. Stockholders of record on Wednesday, September 11th will be paid a dividend of 0.10 per share on Wednesday, October 16th."}
{"sent": "In other News news, General Counsel David B. Pitofsky sold 30,919 shares of News stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $13.83, for a total transaction of $427,609.77. Following the completion of the sale, the general counsel now owns 100,395 shares of the company's stock, valued at approximately $1,388,462.85."}
{"sent": "Also, CFO Kevin Halpin sold 18,749 shares of News stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $14.22, for a total transaction of $266,610.78. Following the sale, the chief financial officer now directly owns 10,000 shares of the company's stock, valued at approximately $142,200."}
{"sent": "In the last three months, insiders sold 59,668 shares of company stock valued at $837,421. 39.40% of the stock is currently owned by company insiders."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Intersect ENT - 0 - 7 - 1 - 0 - 2.13  - Cytocore - 0 - 0 - 0 - 0 - N/A  Intersect ENT currently has a consensus price target of $26.46, indicating a potential upside of 42.25%."}
{"sent": "The company is expected to make $6.51 per share this year (2019). If they meet this expectation, earnings will increase 25% this year vs. last year."}
{"sent": "The consensus per share estimate for 2020 is currently $12.73 per share. This would represent 96% growth in earnings next year vs. this year."}
{"sent": "If you were doing business last year, the cost of running businesses between December 2016 and December 2019 had gone up by more than 45%. Therefore, if a company borrowed money to fund its transaction from a bank, it meant that it would need additional funds of over 45% to enable it to maintain the same level of production."}
{"sent": "This is because if a company has a dollar-denominated loan that was converted to naira in the year 2015 at about N198 per dollar, now the same loan will be converted to naira at over N360. Therefore, a firm with a loan of $1 billion in 2015 would carry about N198 billion in its naira balance sheet as the value of the loan. But the same loan will now be worth over N360 billion in its balance sheet without any actual increase in loan."}
{"sent": "This is because if a company has a dollar-denominated loan that was converted to naira in the year 2015 at about N198 per dollar, now the same loan will be converted to naira at over N360. Therefore, a firm with a loan of $1 billion in 2015 would carry about N198 billion in its naira balance sheet as the value of the loan. But the same loan will now be worth over N360 billion in its balance sheet without any actual increase in loan."}
{"sent": "Rahul's jibe ca- me even as Congress quoted reports of RBI and SBI to claim Life Insurance Corporation (LIC) had been compelled to make imprudent investments in risky public sector banks so that the government can hide its growing corpus of bad debts. Congress spokesperson Ajay Maken referred to RBI's handbook of statistics on the Indian economy to allege that the government had forced LIC to make rash investments like a fund infusion of Rs 21,000 crore to IDBI in 2018-19, all of which was wiped out."}
{"sent": "He also said savings had seen a 6% decline, a clear indicator that the economic situations is spiralling out of control."}
{"sent": "Malan Realty had operating losses above 25% in 2001 and 2002, and their leverage grew to 84%."}
{"sent": "They immediately went into liquidation mode, and ultimately distributed $18 per share."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - ICTS International - 0 - 0 - 0 - 0 - N/A  - Paypal - 0 - 7 - 24 - 0 - 2.77  Paypal has a consensus price target of $121.89, indicating a potential upside of 13.91%."}
{"sent": "Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Plans  -  Dividend of $0.40 Tweet  Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) declared a  -  dividend on Friday, September 20th, Wall Street Journal reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.4044 per share by the exchange traded fund on Wednesday, September 25th. This represents a dividend yield of 1.3%."}
{"sent": "Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Plans  -  Dividend of $0.40 Tweet  Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) declared a  -  dividend on Friday, September 20th, Wall Street Journal reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.4044 per share by the exchange traded fund on Wednesday, September 25th. This represents a dividend yield of 1.3%."}
{"sent": "Shares of Consumer Discretionary Select Sector SPDR Fund stock traded down $1.80 during mid-day trading on Friday, hitting $120.39. 3,770,222 shares of the stock were exchanged, compared to its average volume of 4,356,055."}
{"sent": "Net liabilities at 30 June 2019 were A$(1,524,000) however, a signed agreement for forgiveness of director loans, together with an Australian Government R&D grant received in September, leads to a forecast Net liabilities position at 31 October 2019 of A$(60,786)."}
{"sent": "The Company will issue up to 73,383,375 new Maestrano ordinary shares of \u00a30.01 each (Ordinary Shares) to the shareholders of Airsight (the Consideration Shares), as full consideration for the Acquisition."}
{"sent": "66,045,038 Ordinary Shares will be issued upon agreement completion, following approval of the Acquisition by shareholders of Maestrano (Shareholders)."}
{"sent": "On 30 September 2020, up to a further 7,338,337 Ordinary Shares will be issued, with the exact number to be issued calculated pro-rata against a revenue target for Corridor.ai of A$1.5 million for FY2020."}
{"sent": "On completion of the Acquisition, it is envisaged that Nicholas Smith will join the board of Maestrano and be employed as Vice President Global Sales, with a base salary of \u00a384,000, plus commissions based on sales results."}
{"sent": "Subject to completion of the Acquisition and a subsequent maximum payment under the further consideration arrangement, Mr Buddery will receive a maximum of 5,133,375 Ordinary Shares as consideration for his Airsight shares."}
{"sent": "In the current quarter, micromobility companies  -  the ones that dump piles of rentable scooters and bikes onto random metropolises and let the city councils hash out the details  -  have raised $795 million from investors across seven deals, a total of $1.3 billion so far this year across 33 deals. That's a slowing pace compared to 2018, when over the first three quarters such companies hauled in $4.8 billion in funding over the course of 48 deals. Maybe the market's crowded, maybe investors are cooling off on the model, or maybe it just takes more than a year to burn through five billion dollars."}
{"sent": "Alison Griswold, Oversharing  A school district in Altoona, Iowa goofed bad when the tax assessor failed to note that Facebook got a massive, 20-year property tax exemption in exchange for building a data center in town. As a result, it included the $894,285 they'd normally have to pay if they were treated like any other business in their town and the school budget, only to realize their error when it was far too late."}
{"sent": "Iowa in particular has been keen with doling out huge tax breaks so companies build data centers there, the largest being a $213 million tax break to Apple for a Waukee, Iowa facility that will bring only 50 jobs."}
{"sent": "The shares are down by a third since she took over in December 2014, during which time the FTSE 100 is up by some 10% and the main reason for this is the failure of her five-year OneKingfisher plan to deliver the targeted cost, productivity and profit gains."}
{"sent": "At least today's interims do no worse than live down to the lowered expectations set by March's profit warning, when Kingfisher acknowledged that gross margins would come in flat (excluding Russia and Iberia). That prompted analysts to take their full-year adjusted pre-tax profits estimates down from \u00a3756 million to \u00a3630 million for this year  -  only a small uplift from last year's \u00a3573 million."}
{"sent": "In addition, Kingfisher did leave last year's dividend unchanged at 10.82p (even if that ended a nine-year streak of gains) and it has also maintained this year's interim payment at 3.33p per share. That suggests the full-year payment could be held again at 10.82p, as earnings cover hovers near the 2.0 times threshold, although any further earnings forecast downgrades could start analysts to wonder whether that payment is truly sustainable."}
{"sent": "Analyst Ratings  This is a breakdown of recent ratings and price targets for Cedar Realty Trust and Clipper Realty, as provided by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Cedar Realty Trust - 1 - 0 - 1 - 0 - 2.00  - Clipper Realty - 0 - 0 - 1 - 0 - 3.00  Cedar Realty Trust presently has a consensus target price of $2.00, indicating a potential downside of 28.32%."}
{"sent": "Clipper Realty has a consensus target price of $16.00, indicating a potential upside of 45.45%."}
{"sent": "The Credit Facility is repayable over five years in 20 consecutive quarterly payments (plus a balloon payment in year five) based on a 14 year amortization profile and has a margin of LIBOR plus 300 basis points."}
{"sent": "With the offloading of 136th cargo in the first week of February 2019, the project has shipped 10 million tons of LNG since the commencement of operations in December 2017."}
{"sent": "In April, New Pacific began a 55,000 metre drill program at Silver Sand, the largest in the country, and now has four rigs turning there. The aim is to publish an NI 43-101 resource estimate by Christmas this year."}
{"sent": "Corporate overheads and property acquisitions between April this year and March next are expected to come in at US$2.74 million, leaving it with estimated funds remaining at June 30 next year of US$19.32 million."}
{"sent": "Applying these averages to the surface envelope of the deposit and assuming an 80% true width and 2.5 specific gravity, we would estimate a mineral endowment of 478.9 million ounces of silver, noted analyst Joe Reagor."}
{"sent": "Shareholder Alert: Robbins Arroyo LLP Is Investigating the Officers and Directors of Sonim \u2026 See original article here -> post  Sonim completed its IPO on May 13, 2019, offering shares of common stock at $11.00 per share and raising $32.3 million in net proceeds\u2026."}
{"sent": "Whitebark Energy will use $3.8 million placement funds to fast-track Wizard Lake development Sep 26, 2019  Whitebark Energy Ltd (ASX:WBE) will use $3.8 million raised in a placement to institutional, sophisticated and professional investors to fast-track development of the Wizard Lake oil & gas project in Canada."}
{"sent": "In May this year, Thomas Cook Group announced an astonishing \u00a31.5 billion winter loss, \u00a31.1 billion of which was due to an impairment charge relating to that merger with MyTravel."}
{"sent": "Green's turnaround strategy included simplifying the business by reducing the number of shops, staff and getting rid of its conflicting brands - and it worked, up to a point. During her tenure, profits rose, the debt stated to come down, and the share price rose from 14p to over 130p."}
{"sent": "Two years into her initial three-year plan, she left. Her departure was abrupt and allegedly came about after her fellow (all male) board members met without Green and told her the following morning that her services were no longer required. The news of her departure triggered a 19% drop in the company's share price."}
{"sent": "Two years into her initial three-year plan, she left. Her departure was abrupt and allegedly came about after her fellow (all male) board members met without Green and told her the following morning that her services were no longer required. The news of her departure triggered a 19% drop in the company's share price."}
{"sent": "Weighed down by so much bricks and mortar, it failed to compete effectively with online rivals, its airline was hit by tough competition from low-cost carriers like easyJet, Norwegian and Ryanair, while Brexit and two heatwaves hit its summer bookings. In May of this year the company was once again close to collapse, posting a \u00a31.5 billion loss. It limped through the summer, but by August its debt stood at \u00a31.6 billion."}
{"sent": "Weighed down by so much bricks and mortar, it failed to compete effectively with online rivals, its airline was hit by tough competition from low-cost carriers like easyJet, Norwegian and Ryanair, while Brexit and two heatwaves hit its summer bookings. In May of this year the company was once again close to collapse, posting a \u00a31.5 billion loss. It limped through the summer, but by August its debt stood at \u00a31.6 billion."}
{"sent": "Thomas Cook's existing lenders are insisting that itt secures a further \u00a3200 million loan facility to make sure it has enough financial headroom to see it through the winter."}
{"sent": "Under the terms of the securities purchase agreement, Aeterna has agreed to sell 3,325,000 shares of its common shares."}
{"sent": "The warrants will be exercisable for a period of 5 years commencing six months from the date of issuance and have an exercise price of $1.65 per share. The Company expects gross proceeds from the registered direct offering and concurrent private placement to be approximately $5.0 million before deducting placement agent's fees and expenses."}
{"sent": "(LiteLink) (CSE:LLT) (OTC:LLNKF) (FRA:C0B) , a key player in logistics platforms and payment solutions, is pleased to announce that its wholly-owned subsidiary uBUCK Technologies SEZC (uBUCK), will conduct a non-brokered private placement of up to 8,000,000 preferred shares, at a price of US$0.50 per share for aggregate gross proceeds up to US$4,000,000 based on a pre-money valuation of US$25,000,000."}
{"sent": "Following the first milestone installment of US$1,500,000, the investor will have the option, until September 30, 2021, to invest an additional US$2,500,000 for a total of 8,000,000 preferred shares at a price of $0.50 per share."}
{"sent": "The initial investment of US$1.5 million would give the investor a 6% ownership in uBUCK."}
{"sent": "An additional US$2.5 million investment would result in a 16% ownership of the uBUCK."}
{"sent": "Analysts expect growth to continue, reaching a whopping $250 billion by 2024, propelled by attractive discounts and enticing cashback \u2026  Read  LiteLink Technologies  uBUCK Technologies Announces Strategic Partnership With U.S. Prepaid Platform PreWay May 10, 2019 CryptoCurrencyNews  VANCOUVER, British Columbia, May 10, 2019 (GLOBE NEWSWIRE)  -  LiteLink Technologies Inc."}
{"sent": "Mantech International Corp (NASDAQ:MANT) Plans Quarterly Dividend of $0.27 Tweet  Mantech International Corp (NASDAQ:MANT) announced a quarterly dividend on Wednesday, July 31st, Zacks reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.27 per share by the technology company on Friday, September 27th. This represents a $1.08 dividend on an annualized basis and a yield of 1.55%."}
{"sent": "Mantech International Corp (NASDAQ:MANT) Plans Quarterly Dividend of $0.27 Tweet  Mantech International Corp (NASDAQ:MANT) announced a quarterly dividend on Wednesday, July 31st, Zacks reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.27 per share by the technology company on Friday, September 27th. This represents a $1.08 dividend on an annualized basis and a yield of 1.55%."}
{"sent": "Equities analysts expect Mantech International to earn $2.56 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 42.2%."}
{"sent": "The technology company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.04."}
{"sent": "Finally, Wells Fargo & Co cut shares of Mantech International from an outperform rating to a market perform rating in a research report on Thursday, August 1st. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $73.20."}
{"sent": "Finally, Wells Fargo & Co cut shares of Mantech International from an outperform rating to a market perform rating in a research report on Thursday, August 1st. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $73.20."}
{"sent": "In other news, CEO Kevin M. Phillips sold 32,431 shares of Mantech International stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $67.98, for a total transaction of $2,204,659.38. Following the completion of the sale, the chief executive officer now owns 106,063 shares of the company's stock, valued at $7,210,162.74."}
{"sent": "Also, insider Richard John Wagner sold 8,600 shares of Mantech International stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $70.23, for a total value of $603,978.00. Following the sale, the insider now directly owns 7,635 shares of the company's stock, valued at approximately $536,206.05."}
{"sent": "Competitively the average price target of InflaRx N.V. is $6, which is potential 113.52% upside."}
{"sent": "CB Financial Services Inc Declares Quarterly Dividend of $0.24 (NASDAQ:CBFV) CB Financial Services Inc (NASDAQ:CBFV) declared a quarterly dividend on Wednesday, August 21st, NASDAQ reports. Shareholders of record on Friday, September 6th will be given a dividend of 0.24 per share by the bank on Monday, September 16th. This represents a $0.96 dividend on an annualized basis and a yield of 3.78%."}
{"sent": "CB Financial Services Inc Declares Quarterly Dividend of $0.24 (NASDAQ:CBFV) CB Financial Services Inc (NASDAQ:CBFV) declared a quarterly dividend on Wednesday, August 21st, NASDAQ reports. Shareholders of record on Friday, September 6th will be given a dividend of 0.24 per share by the bank on Monday, September 16th. This represents a $0.96 dividend on an annualized basis and a yield of 3.78%."}
{"sent": "Research analysts expect CB Financial Services to earn $2.30 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 41.7%."}
{"sent": "Shares of CBFV stock traded down $0.07 during mid-day trading on Friday, hitting $25.39. 1,964 shares of the stock traded hands, compared to its average volume of 3,461."}
{"sent": "The bank reported $0.55 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.07."}
{"sent": "Elecosoft PLC to Issue Dividend of GBX 0.30 (LON:ELCO) Tweet  Elecosoft PLC (LON:ELCO) declared a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 0.30 ($0.00) per share on Thursday, October 31st. This represents a dividend yield of 0.4%."}
{"sent": "Elecosoft PLC to Issue Dividend of GBX 0.30 (LON:ELCO) Tweet  Elecosoft PLC (LON:ELCO) declared a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 0.30 ($0.00) per share on Thursday, October 31st. This represents a dividend yield of 0.4%."}
{"sent": "Shares of LON:ELCO traded down GBX 3.50 ($0.05) on Tuesday, reaching GBX 75.50 ($0.99). 208,310 shares of the company traded hands, compared to its average volume of 30,015."}
{"sent": "SIP continued to be the preferred route for retail investors to invest in mutual fund as it helps them reduce market timing risk, the industry body noted. The mutual fund industry managed to garner Rs 8,231 crore through systematic investment plans (SIPs) in August, a rise of 7.5 per cent from the year-ago period, despite volatility in equity market. With this, total SIP contribution in the first five months of the current fiscal rose to Rs 41,098 crore as compared to Rs 36,760 crore in April-August 2018, as per the Association of Mutual Funds in India (AMFI)."}
{"sent": "SIP continued to be the preferred route for retail investors to invest in mutual fund as it helps them reduce market timing risk, the industry body noted. The mutual fund industry managed to garner Rs 8,231 crore through systematic investment plans (SIPs) in August, a rise of 7.5 per cent from the year-ago period, despite volatility in equity market. With this, total SIP contribution in the first five months of the current fiscal rose to Rs 41,098 crore as compared to Rs 36,760 crore in April-August 2018, as per the Association of Mutual Funds in India (AMFI)."}
{"sent": "SIP continued to be the preferred route for retail investors to invest in mutual fund as it helps them reduce market timing risk, the industry body noted. As per the latest data, SIP contribution in August stood at Rs 8,231 crore, which was 7.5 per cent higher than Rs 7,658 crore clocked in the same month last year."}
{"sent": "The trade deficit of Pakistan in the first two months of the current fiscal year immensely decreases up to 38pc. This was only attainable by shrinking the imports of unessential luxury products."}
{"sent": "Tour operator Thomas Cook confirmed on September 20 that it needs \u00a3200million in extra funding to prevent going bust."}
{"sent": "If it collapses up to 150,000 holidaying Brits could be stranded. It would mean the Civil Aviation Authority dishing out \u00a3600m to rescue stranded Brits, according to an industry insider."}
{"sent": "The company has closed 21 of its stores and its currency arm Thomas Cook Money is under review, plus there are more cost efficiencies planned. More of its 566 stores will close when leases end and 150 jobs are being cut from head office."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Pyxis Tankers - 0 - 0 - 2 - 0 - 3.00  - TOP SHIPS - 0 - 0 - 1 - 0 - 3.00  Pyxis Tankers currently has a consensus price target of $2.25, suggesting a potential upside of 84.43%."}
{"sent": "TOP SHIPS has a consensus price target of $10.00, suggesting a potential upside of 215.46%."}
{"sent": "BidaskClub raised shares of RBB Bancorp from a sell rating to a hold rating in a research note on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of $26.50."}
{"sent": "BidaskClub raised shares of RBB Bancorp from a sell rating to a hold rating in a research note on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of $26.50."}
{"sent": "The company reported $0.50 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by ($0.07)."}
{"sent": "Bank of Montreal Can increased its stake in shares of RBB Bancorp by 27,600.0% during the 2nd quarter. Bank of Montreal Can now owns 1,385 shares of the company's stock valued at $27,000 after acquiring an additional 1,380 shares during the last quarter."}
{"sent": "Tower Research Capital LLC TRC boosted its position in shares of RBB Bancorp by 435.9% during the second quarter. Tower Research Capital LLC TRC now owns 1,554 shares of the company's stock worth $30,000 after buying an additional 1,264 shares during the period."}
{"sent": "BNP Paribas Arbitrage SA boosted its position in shares of RBB Bancorp by 561.9% during the first quarter. BNP Paribas Arbitrage SA now owns 2,886 shares of the company's stock worth $54,000 after buying an additional 2,450 shares during the period."}
{"sent": "JPMorgan Chase & Co. boosted its position in shares of RBB Bancorp by 31.6% during the second quarter. JPMorgan Chase & Co. now owns 4,459 shares of the company's stock worth $89,000 after buying an additional 1,071 shares during the period."}
{"sent": "Finally, Bank of America Corp DE boosted its position in shares of RBB Bancorp by 87.4% during the fourth quarter. Bank of America Corp DE now owns 9,647 shares of the company's stock worth $170,000 after buying an additional 4,500 shares during the period."}
{"sent": "QTS Realty Trust Inc (QTS) To Go Ex-Dividend on September 18th Tweet  QTS Realty Trust Inc (NYSE:QTS) announced a quarterly dividend on Monday, August 5th, Zacks reports. Investors of record on Thursday, September 19th will be given a dividend of 0.44 per share by the real estate investment trust on Friday, October 4th. This represents a $1.76 annualized dividend and a yield of 3.57%."}
{"sent": "QTS Realty Trust Inc (QTS) To Go Ex-Dividend on September 18th Tweet  QTS Realty Trust Inc (NYSE:QTS) announced a quarterly dividend on Monday, August 5th, Zacks reports. Investors of record on Thursday, September 19th will be given a dividend of 0.44 per share by the real estate investment trust on Friday, October 4th. This represents a $1.76 annualized dividend and a yield of 3.57%."}
{"sent": "Equities research analysts expect QTS Realty Trust to earn $2.47 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 71.3%."}
{"sent": "The real estate investment trust reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.55 by ($0.58)."}
{"sent": "Finally, Royal Bank of Canada restated a buy rating and set a $52.00 price objective on shares of QTS Realty Trust in a research note on Thursday, August 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. QTS Realty Trust presently has a consensus rating of Buy and an average price target of $49.57."}
{"sent": "Finally, Royal Bank of Canada restated a buy rating and set a $52.00 price objective on shares of QTS Realty Trust in a research note on Thursday, August 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. QTS Realty Trust presently has a consensus rating of Buy and an average price target of $49.57."}
{"sent": "In other news, Director Wayne M. Rehberger acquired 1,100 shares of the stock in a transaction dated Monday, August 5th. The shares were bought at an average cost of $45.50 per share, for a total transaction of $50,050.00. Following the purchase, the director now directly owns 3,046 shares of the company's stock, valued at $138,593."}
{"sent": "Story Forex reserves soar $1 billion to $429.6 billion in Sept 1st week Expressed in US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and the yen held in the foreign exchange reserves   PTI    New Delhi     Last Updated: September 14, 2019  | 08:01 IST The country's foreign exchange reserves increased by USD 1.004 billion to USD 429.608 billion in the week to September 6, helped by a rise in foreign currency assets, RBI data showed on Friday."}
{"sent": "Story Forex reserves soar $1 billion to $429.6 billion in Sept 1st week Expressed in US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and the yen held in the foreign exchange reserves   PTI    New Delhi     Last Updated: September 14, 2019  | 08:01 IST The country's foreign exchange reserves increased by USD 1.004 billion to USD 429.608 billion in the week to September 6, helped by a rise in foreign currency assets, RBI data showed on Friday."}
{"sent": "But the IMF also concluded the current account deficit, the sum of the balance of trade net income from abroad, and net current transfers, rose to 17.5 per cent, caused by foreign investment in the petroleum sector."}
{"sent": "As oil production is said to be on schedule, IMF projected a 4.4 per cent economic growth this year."}
{"sent": "Under the deal he stands to make \u20ac99m from stock options if he doubles Ryanair's profit or share price."}
{"sent": "In the last financial year, however, the airline's profit dropped sharply and Mr O'Leary said on Thursday that he was planning to cut between 500 and 700 jobs."}
{"sent": "These are shares he can acquire for \u20ac11.12 and then sell at the market price if Ryanair's profits hit \u20ac2bn in any year up to 2024 or its share price reaches \u20ac21 for a period of 28 days from April next year."}
{"sent": "Fed Adds $49.7 Billion to Financial System By  Patrick Thomas  Patrick Thomas  The Wall Street Journal  The Federal Reserve Bank of New York added $49.7 billion to the financial system Monday, using the market for overnight repurchase agreements, or repo, to relieve funding pressure in money markets."}
{"sent": "Bellamy's Australia Ltd (ASX: BAL), a major competitor to a2 Milk, announced a Scheme Implementation Deed this morning for China Mengniu Dairy Company Limited (SEHK: 2319) to acquire the company for a price of $13.25 per share. This offer price represents a 59% premium to the closing price on 13th September and the offer has pushed Bellamy's shares more than 50% higher today."}
{"sent": "Concentrated Leaders Fund Ltd (ASX:CLF) Declares Interim Dividend of $0.02 Concentrated Leaders Fund Ltd (ASX:CLF) announced a interim dividend on Monday, September 23rd, MarketIndexAU reports. Investors of record on Friday, October 18th will be given a dividend of 0.015 per share on Friday, October 18th. This represents a yield of 1.18%."}
{"sent": "Concentrated Leaders Fund Ltd (ASX:CLF) Declares Interim Dividend of $0.02 Concentrated Leaders Fund Ltd (ASX:CLF) announced a interim dividend on Monday, September 23rd, MarketIndexAU reports. Investors of record on Friday, October 18th will be given a dividend of 0.015 per share on Friday, October 18th. This represents a yield of 1.18%."}
{"sent": "Bursa Malaysia will in turn acquire the 25% equity interest in BMD currently held by CME Group Strategic Investments LLC (CMEGSI) following the exercise of the Put Option as prescribed under an agreement entered into on 30 November 2009 (Shareholders Agreement)."}
{"sent": "Analyst Recommendations  This is a summary of recent ratings for NanoString Technologies and Fennec Pharmaceuticals, as reported by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - NanoString Technologies - 0 - 1 - 2 - 0 - 2.67  - Fennec Pharmaceuticals - 0 - 0 - 4 - 0 - 3.00  NanoString Technologies presently has a consensus target price of $25.33, suggesting a potential upside of 14.63%."}
{"sent": "Fennec Pharmaceuticals has a consensus target price of $16.50, suggesting a potential upside of 234.01%."}
{"sent": "Keurig Dr Pepper Inc (NYSE:KDP) Announces Quarterly Dividend of $0.15 . Stockholders of record on Friday, October 4th will be given a dividend of 0.15 per share on Friday, October 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.17%."}
{"sent": "Keurig Dr Pepper Inc (NYSE:KDP) Announces Quarterly Dividend of $0.15 . Stockholders of record on Friday, October 4th will be given a dividend of 0.15 per share on Friday, October 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.17%."}
{"sent": "Equities analysts expect Keurig Dr Pepper to earn $1.40 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 42.9%."}
{"sent": "Shares of NYSE:KDP traded up $0.32 during trading on Tuesday, reaching $27.63. 137,169 shares of the company traded hands, compared to its average volume of 2,338,519."}
{"sent": "The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.01."}
{"sent": "Finally, Morgan Stanley set a $24.00 price objective on Keurig Dr Pepper and gave the stock a sell rating in a research report on Friday, August 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company's stock. The stock currently has an average rating of Buy and a consensus price target of $30.27."}
{"sent": "Finally, Morgan Stanley set a $24.00 price objective on Keurig Dr Pepper and gave the stock a sell rating in a research report on Friday, August 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company's stock. The stock currently has an average rating of Buy and a consensus price target of $30.27."}
{"sent": "In the last three months, insiders bought 56,727 shares of company stock valued at $1,281,301. Insiders own 0.44% of the company's stock."}
{"sent": "Liberty Property Trust (LPT) to Issue Quarterly Dividend of $0.41 on October 15th . Investors of record on Tuesday, October 1st will be paid a dividend of 0.41 per share by the real estate investment trust on Tuesday, October 15th. This represents a $1.64 dividend on an annualized basis and a yield of 3.22%."}
{"sent": "Liberty Property Trust (LPT) to Issue Quarterly Dividend of $0.41 on October 15th . Investors of record on Tuesday, October 1st will be paid a dividend of 0.41 per share by the real estate investment trust on Tuesday, October 15th. This represents a $1.64 dividend on an annualized basis and a yield of 3.22%."}
{"sent": "Research analysts expect Liberty Property Trust to earn $2.69 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 61.0%."}
{"sent": "Liberty Property Trust stock traded down $0.34 during trading on Wednesday, reaching $51.00. 11,785 shares of the company's stock were exchanged, compared to its average volume of 1,284,666."}
{"sent": "In other Liberty Property Trust news, SVP Mary Beth Morrissey sold 4,321 shares of the company's stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $52.34, for a total value of $226,161.14. Following the completion of the transaction, the senior vice president now directly owns 53,300 shares of the company's stock, valued at approximately $2,789,722."}
{"sent": "JPMorgan Chase & Co. upped their price objective on shares of Liberty Property Trust from $49.00 to $53.00 and gave the company a neutral rating in a research report on Thursday, September 12th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $51.20."}
{"sent": "JPMorgan Chase & Co. upped their price objective on shares of Liberty Property Trust from $49.00 to $53.00 and gave the company a neutral rating in a research report on Thursday, September 12th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $51.20."}
{"sent": "Okta posted earnings per share of ($0.24) in the same quarter last year, which would suggest a negative year-over-year growth rate of 54.2%."}
{"sent": "The company reported ($0.32) EPS for the quarter, hitting analysts' consensus estimates of ($0.32)."}
{"sent": "Finally, Zacks Investment Research upgraded shares of Okta from a sell rating to a hold rating in a research report on Wednesday, June 5th. Eleven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $128.67."}
{"sent": "Finally, Zacks Investment Research upgraded shares of Okta from a sell rating to a hold rating in a research report on Wednesday, June 5th. Eleven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $128.67."}
{"sent": "In related news, CFO William E. Losch sold 1,108 shares of the business's stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $127.85, for a total transaction of $141,657.80. Following the transaction, the chief financial officer now owns 11,004 shares in the company, valued at $1,406,861.40."}
{"sent": "Also, Director Benjamin A. Horowitz sold 48,897 shares of the business's stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $127.95, for a total transaction of $6,256,371.15. Following the transaction, the director now owns 15,735 shares in the company, valued at approximately $2,013,293.25."}
{"sent": "Insiders have sold 741,820 shares of company stock worth $96,287,465 in the last quarter. 14.69% of the stock is owned by corporate insiders."}
{"sent": "Vanguard Group Inc. increased its position in shares of Okta by 19.4% during the second quarter. Vanguard Group Inc. now owns 9,386,104 shares of the company's stock valued at $1,159,277,000 after buying an additional 1,527,751 shares during the period."}
{"sent": "First Trust Advisors LP increased its position in shares of Okta by 4.2% during the first quarter. First Trust Advisors LP now owns 2,670,948 shares of the company's stock valued at $220,968,000 after buying an additional 107,132 shares during the period."}
{"sent": "Whale Rock Capital Management LLC increased its position in shares of Okta by 27.1% during the second quarter. Whale Rock Capital Management LLC now owns 1,870,680 shares of the company's stock valued at $231,048,000 after buying an additional 399,310 shares during the period."}
{"sent": "Finally, Coatue Management LLC boosted its stake in Okta by 234.1% during the second quarter. Coatue Management LLC now owns 1,014,699 shares of the company's stock worth $125,326,000 after acquiring an additional 711,032 shares in the last quarter."}
{"sent": "Shares of OKTA stock traded down $4.28 during mid-day trading on Friday, reaching $102.09."}
{"sent": "Morneau Shepell Inc Declares Monthly Dividend of $0.07 (TSE:MSI) . Shareholders of record on Monday, September 30th will be paid a dividend of 0.065 per share on Tuesday, October 15th. This represents a $0.78 dividend on an annualized basis and a yield of 2.42%."}
{"sent": "Morneau Shepell Inc Declares Monthly Dividend of $0.07 (TSE:MSI) . Shareholders of record on Monday, September 30th will be paid a dividend of 0.065 per share on Tuesday, October 15th. This represents a $0.78 dividend on an annualized basis and a yield of 2.42%."}
{"sent": "Shares of MSI traded up C$0.33 during mid-day trading on Thursday, hitting C$32.19."}
{"sent": "The company reported C$0.10 EPS for the quarter, missing the consensus estimate of C$0.16 by C($0.06)."}
{"sent": "The combination of current undervaluation and future growth in both divisions should create at least 233% upside in the coming 5 years, in my opinion."}
{"sent": "The problem here is that vanadium prices fell drastically (75% in six months) as the new rebar standard was implemented poorly."}
{"sent": "(Source: vanadiumprice.com)  2. AMG Technologies had a temporary bad quarter as well, with EBITDA decreasing 40% QoQ to $11.4 mln. This was caused due to lower prices in the Titanium Alloys and Coatings business and timing effects in the Engineering business."}
{"sent": "As a consequence of seasonality (orders are very variable), they only signed $33 mln in orders in Q2."}
{"sent": "(Source: AMG Investor relations)  AMG Technologies valuation  CEO Heinz said  we should expect flat EBITDA in AMG Technologies basically year-on-year in 2019. Thus, in my assumption I take $68 mln in EBITDA for 2019."}
{"sent": "I expect them to resume the growth trajectory with 20% annual EBITDA growth because Heinz stated in the cc that we can expect more growth ahead of us:  And it also refers to the titanium aluminide, which are especially strong and where we are about to increase our contractual position -- sales position substantially."}
{"sent": "Total EBITDA is guided at $120 mln in 2019. As such, Critical Materials' EBITDA should be at least $52 mln."}
{"sent": "According to Heinz, the EBITDA run rate is $150 mln under normal circumstances (no extraordinary price fluctuations for vanadium). Consequently, 2020 EBITDA is expected to be at least $150 mln."}
{"sent": "AMG has low operational costs of $270/mt, while current spot prices are $680/mt. Thus, it would create $12.3 mln annual ebitda."}
{"sent": "Secondly, AMG announced that it will at least double its recycling capacity in 2021, which would probably start adding to profitability in 2022. I guess that Cambridge 1, the current recycling factory, creates $50 mln annual EBITDA (consisting of fees and vanadium sales). Thus, this new facility (Cambridge 2) should add at least another $50 mln in EBITDA."}
{"sent": "I use a 4x EV/EBITDA multiple for this division which is very low because it is currently seen as a cyclical business, operating in mining and materials. In Q2 for example, the prices of AMG's materials portfolio were the lowest in the history of the company. Consequently, EBITDA sank by a stunning 66% YoY in this division."}
{"sent": "I use a 4x EV/EBITDA multiple for this division which is very low because it is currently seen as a cyclical business, operating in mining and materials. In Q2 for example, the prices of AMG's materials portfolio were the lowest in the history of the company. Consequently, EBITDA sank by a stunning 66% YoY in this division."}
{"sent": "As you can see in the table, value per share could grow to $71.96 in 2024, a 233% gain from today's share price. Adding both divisions together, EBITDA could grow from $120 mln in 2019 to $353 mln in 2024 based on my calculations."}
{"sent": "As calculated above, the division should be valued $21.07 per share based on $82 mln EBITDA in 2020 and a conservative EV/EBITDA multiple of 9."}
{"sent": "If the Technologies division could achieve this valuation via a separate listing, it will be very unlikely that AMG stock would drop below this $21.07 point."}
{"sent": "The Federal Reserve sold $105 billion in market repurchase agreements, or repos, on Tuesday in a continued effort to calm money markets and bring interest rates within their intended range."}
{"sent": "The Federal Reserve added $105 billion to the nation's financial system Tuesday in two transactions, seeking to calm money markets and keep interest rates in their intended range."}
{"sent": "FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 20, 2019. REUTERS/Staff  After logging five straight weeks of gains, euro zone stocks .STOXXE slipped 1% as surveys showed growth in services and manufacturing in the region stalled in September."}
{"sent": "Germany's DAX index .GDAXI fell 1% to post its biggest one-day fall since Aug 23 as the latest purchasing managers numbers showed its manufacturing sector sinking deeper into recession."}
{"sent": "This included a 7.5% slump in Commerzbank (CBKG.DE) after Moody's said the German bank's restructuring plan is negative for its credit rating."}
{"sent": "Shares of TUI (TUIT.L) jumped 7.2 to top the STOXX 600 and EasyJet (EZJ.L) followed on expectations their businesses will benefit from the collapse of British rival Thomas Cook (TCG.L). These moves, along with a drop in the pound GBP=, helped limit losses on London's FTSE 100 .FTSE to 0.3%."}
{"sent": "Whatever you don't pay as a lump sum refundable accommodation deposit (RAD) on entry, you pay as a daily charge (known as a DAP), which is calculated at the MPIR. So if the Market Price RAD is $400,000 and you pay $200,000, you will pay the remaining $200,000 at 5.54 per cent interest as a daily fee, which is $30.36 a day. If you pay the full RAD there is no interest (DAP) pay no RAD and you will pay a DAP which is the interest on the full amount: $22,160."}
{"sent": "Whatever you don't pay as a lump sum refundable accommodation deposit (RAD) on entry, you pay as a daily charge (known as a DAP), which is calculated at the MPIR. So if the Market Price RAD is $400,000 and you pay $200,000, you will pay the remaining $200,000 at 5.54 per cent interest as a daily fee, which is $30.36 a day. If you pay the full RAD there is no interest (DAP) pay no RAD and you will pay a DAP which is the interest on the full amount: $22,160."}
{"sent": "Suppose the market price RAD for a facility was $400,000. If a person had $1 million of assets, the maximum they could pay would be $400,000."}
{"sent": "Shirley qualifies as a low means resident and her means-tested daily accommodation contribution (DAC) is $55 a day. If she moved in today, the MPIR would give her an equivalent lump sum refundable accommodation contribution (RAC) of almost $366,000 - an impossible task for someone with $165,000. But the way the RAC is calculated, under the lower MPIR next month, the equivalent lump sum will be just under $407,000 - harder still and now more than double her total assets."}
{"sent": "Shirley qualifies as a low means resident and her means-tested daily accommodation contribution (DAC) is $55 a day. If she moved in today, the MPIR would give her an equivalent lump sum refundable accommodation contribution (RAC) of almost $366,000 - an impossible task for someone with $165,000. But the way the RAC is calculated, under the lower MPIR next month, the equivalent lump sum will be just under $407,000 - harder still and now more than double her total assets."}
{"sent": "One option is to move in before 1 October, which would reduce her RAC amount by around $40,000."}
{"sent": "Let's say Shirley reduced her assets of $165,000 through a gift of $10,000 and pre-paying her funeral expenses for $15,000. Her DAC would reduce from $55 a day to $43 a day (a saving of just over $4,300 a year). Her equivalent lump sum would reduce by almost $88,000!"}
{"sent": "Let's say Shirley reduced her assets of $165,000 through a gift of $10,000 and pre-paying her funeral expenses for $15,000. Her DAC would reduce from $55 a day to $43 a day (a saving of just over $4,300 a year). Her equivalent lump sum would reduce by almost $88,000!"}
{"sent": "Visa stock traded between $170.34 and $175.73 on that day, and, assuming the sale was through the open market, the range of the total sale price can be narrowed to $340,680 to $351,460."}
{"sent": "Factoring in around a 2% dividend yield, the annual total return is more than 18%."}
{"sent": "Luckily, earnings were back up last year and it seems it will continue up this year. Consequently, I am not too worried about the payout ratio as it should land comfortably below 50% on this year's earnings."}
{"sent": "An EPS of $20.85 would mean that the company grows earnings a full 18.5% from the 2018 level of $17.59."}
{"sent": "Given the conservative payout ratio there is clearly enough money to invest in profitable projects so the natural way to reward shareholders would be to offer decent dividend growth on the back of strong earnings growth. I therefore see no compelling reason for an unusually low hike this year. My prediction is therefore that the company will land somewhere in the middle, i.e. offer a dividend hike in-line with recent years of 10%."}
{"sent": "The London Stock Exchange has rejected the Hong Kong Stock Market's $36.5 billion takeover offer, LSE reported on Friday. The Board of Directors is concerned about the key aspects of the offer such as its strategy, results, the form of payment and the cost."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Fresenius Medical Care AG & Co. - 0 - 5 - 4 - 0 - 2.44  - Livongo Health - 0 - 1 - 9 - 0 - 2.90  Fresenius Medical Care AG & Co. currently has a consensus target price of $56.06, suggesting a potential upside of 62.30%."}
{"sent": "Livongo Health has a consensus target price of $44.20, suggesting a potential upside of 85.25%."}
{"sent": "Invesco Multi-Factor Core Fixed Income ETF to Issue  -  Dividend of $0.06 (NYSEARCA:IMFC) Tweet  Invesco Multi-Factor Core Fixed Income ETF (NYSEARCA:IMFC) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Investors of record on Tuesday, September 24th will be given a dividend of 0.0639 per share on Monday, September 30th. This represents a yield of 3.1%."}
{"sent": "Invesco Multi-Factor Core Fixed Income ETF to Issue  -  Dividend of $0.06 (NYSEARCA:IMFC) Tweet  Invesco Multi-Factor Core Fixed Income ETF (NYSEARCA:IMFC) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Investors of record on Tuesday, September 24th will be given a dividend of 0.0639 per share on Monday, September 30th. This represents a yield of 3.1%."}
{"sent": "IMFC stock traded up $0.05 during trading on Monday, reaching $26.34. 219 shares of the stock were exchanged, compared to its average volume of 414."}
{"sent": "Auctioneers Inc (TSE:RBA) (NYSE:RBA) announced a quarterly dividend on Wednesday, August 7th, Zacks reports. Shareholders of record on Wednesday, August 28th will be given a dividend of 0.264 per share on Wednesday, September 18th. This represents a $1.06 annualized dividend and a yield of 2.09%."}
{"sent": "Auctioneers Inc (TSE:RBA) (NYSE:RBA) announced a quarterly dividend on Wednesday, August 7th, Zacks reports. Shareholders of record on Wednesday, August 28th will be given a dividend of 0.264 per share on Wednesday, September 18th. This represents a $1.06 annualized dividend and a yield of 2.09%."}
{"sent": "The company reported C$0.66 earnings per share for the quarter, topping the consensus estimate of C$0.58 by C$0.08."}
{"sent": "For example, if the S&P 500 ends the day up +2%, it will have been one of the 10% highest-returning trading days in history and, therefore, could be considered an outlier by my definition."}
{"sent": "This is according to recently released financial statements of Namibia's premier breweries, whose revenue hit N$3 billion (US$0.2bn) this year, up from N$2.7 billion (US$0.18bn) recorded in 2018. Almost 50% of the group's profit came from NBL's investment in Heineken South Africa which returned to profit after incurring a series of losses."}
{"sent": "The financial statements show that Heineken SA brought in revenue of N$9.3 billion (US$0.63bn), which is an uptick from N$7 billion (US$0.7bn) recorded last year. The increase in revenue led to them making a profit of N$657 million (US$44.37m) from a loss of N$179 million (US$12.09m) in 2018."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - SofTech - 0 - 0 - 0 - 0 - N/A  - Science Applications International - 0 - 2 - 7 - 0 - 2.78  Science Applications International has a consensus price target of $98.38, suggesting a potential upside of 16.77%."}
{"sent": "Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) to Issue  -  Dividend of $0.19 Tweet  Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.1925 per share on Monday, September 30th. This represents a yield of 1.6%."}
{"sent": "Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) to Issue  -  Dividend of $0.19 Tweet  Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.1925 per share on Monday, September 30th. This represents a yield of 1.6%."}
{"sent": "Shares of BATS GSEW traded down $0.65 during mid-day trading on Tuesday, hitting $47.21. 6,316 shares of the stock were exchanged."}
{"sent": "Annually, Covanta's modern Energy-from-Waste facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle over 600,000 tons of metal."}
{"sent": "As for operating expenses, they went from 4.2 million dinars to 5.1 million between the two periods, thus posting a 22% rise due to higher purchases of consumed supplies by 21%."}
{"sent": "The criminal case may harm VW's odds at winning an investor lawsuit, with shareholders seeking more than 9 billion euros in damages related to the engine-testing scandal. VW shares fell as much as 3% on the news. ."}
{"sent": "Shares fell as much as 3% in European hours on news of the indictment."}
{"sent": "Read more: GOLDMAN SACHS: Buy these 7 stocks set to offer explosive profit growth as the rest of the market slows  Volkswagen shares plummeted more than 60% in September 2015 after the company admitted it used software to cheat diesel emission tests in more than 11 million vehicles."}
{"sent": "VW has already paid roughly $33 billion in costs related to the incident, according to Bloomberg."}
{"sent": "Meanwhile, PTTEP is immune to inventory loss, unlike other refineries. Thus, KSS recommends BUY with a target price at \u0e3f160.0/share."}
{"sent": "The falling share price also pushes up dividend yield to 4-5% in 2019 and rising."}
{"sent": "Graphs  Today, MO shares are down another 1% and they're trading for $40.89. This share price means that the dividend yield is now above 8.1%. It also means that the ttm P/E ratio is less than 10x earnings."}
{"sent": "Graphs  Today, MO shares are down another 1% and they're trading for $40.89. This share price means that the dividend yield is now above 8.1%. It also means that the ttm P/E ratio is less than 10x earnings."}
{"sent": "Price declines can cancel out the returns generated by the dividend and MO shares continue to slump, but then again, if we experience mean reversion in terms of the P/E multiple, an investor buying MO shares today is not only locking in a yield on cost above 8%, but is also going to benefit from strong double digit capital gains."}
{"sent": "A 12x multiple on 2020 EPS expectations results in a $50 price target (this $50 area is where I think MO's fair value lies). This represents upside of ~25%."}
{"sent": "The current forward dividend is $3.36, which represents a ttm payout ratio of 83.3%."}
{"sent": "As I said before, MO is expected to post ~$4.20 in EPS in 2020, representing a forward payout ratio of 80%."}
{"sent": "South Jersey Industries reported earnings of ($0.27) per share in the same quarter last year, which indicates a negative year-over-year growth rate of 3.7%."}
{"sent": "The utilities provider reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by ($0.09)."}
{"sent": "Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. South Jersey Industries currently has a consensus rating of Buy and an average price target of $34.43."}
{"sent": "BlackRock Inc. boosted its stake in shares of South Jersey Industries by 1.0% in the 2nd quarter. BlackRock Inc. now owns 13,913,601 shares of the utilities provider's stock valued at $469,305,000 after purchasing an additional 140,843 shares during the last quarter."}
{"sent": "Nuveen Asset Management LLC boosted its stake in shares of South Jersey Industries by 77.2% in the 2nd quarter. Nuveen Asset Management LLC now owns 1,383,013 shares of the utilities provider's stock valued at $46,649,000 after purchasing an additional 602,653 shares during the last quarter."}
{"sent": "Finally, UBS Asset Management Americas Inc. boosted its stake in shares of South Jersey Industries by 21.7% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 129,718 shares of the utilities provider's stock valued at $4,375,000 after purchasing an additional 23,095 shares during the last quarter."}
{"sent": "NYSE SJI traded down $0.71 on Friday, hitting $32.31."}
{"sent": "The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Tuesday, September 10th will be paid a $0.287 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 3.55%."}
{"sent": "The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Tuesday, September 10th will be paid a $0.287 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 3.55%."}
{"sent": "Team has a consensus price target of $24.00, indicating a potential upside of 30.43%."}
{"sent": "WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Announces $0.26  -  Dividend Tweet  WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Shareholders of record on Wednesday, September 25th will be paid a dividend of 0.26 per share on Friday, September 27th. This represents a yield of 4.2%."}
{"sent": "WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Announces $0.26  -  Dividend Tweet  WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Shareholders of record on Wednesday, September 25th will be paid a dividend of 0.26 per share on Friday, September 27th. This represents a yield of 4.2%."}
{"sent": "NASDAQ EMCB traded down $0.14 during trading on Wednesday, reaching $72.60. 8 shares of the company's stock were exchanged, compared to its average volume of 3,033."}
{"sent": "The WeWork boss has raised over $700 million by selling and borrowing against WeWork stock, given himself unassailable control of the company, leased properties to WeWork, charged it nearly $6 million for the We trademark, and employed immediate family members."}
{"sent": "Those red flags, coupled with mounting doubts about the resilience and profitability of WeWork's business model, forced the company to slash its targeted public valuation to below $20 billion  -  well below the private valuation of $47 billion it secured in January."}
{"sent": "After an overhaul of its governance failed to relieve investors' concerns, WeWork faced the prospect of failing to raise the $3 billion needed for it to unlock $6 billion in bank financing, leaving it with little choice but to delay its public debut."}
{"sent": "WallStreetReview  (Reuters)  -  Elliott Management Corp on Wednesday renewed its demand for Marathon Petroleum Corp (MPC.N) to split into three companies, saying such a move would boost shareholder value by as much as $40 billion."}
{"sent": "Elliott said it estimated $22 billion boost to shareholder value from the split and another $17 billion if refining, retailing and marketing operations were to be improved after the separation."}
{"sent": "Elliott said it estimated $22 billion boost to shareholder value from the split and another $17 billion if refining, retailing and marketing operations were to be improved after the separation."}
{"sent": "The break-up of Prudential and M&G was what the market has wanted for years, analysts at Shore Capital said in a note, reiterating their buy rating on the stock. But a UK fund manager said the M&G business might look in time to separate insurance and asset management, as the combination was an awkward hybrid. The split, which will leave Prudential with a one-off pre-tax bill of 350 million pounds, will be completed by Oct. 21, the prospectus said."}
{"sent": "Net profit in the first half of 2019 climbed 42% to $129 million as revenue rose 14% to $752 million amid increased cargo volumes for ICTSI's operations in Australia and Mexico and the opening of new terminals in Papua New Guinea."}
{"sent": "That performance has helped lift ICTSI shares 42% in the past year, helping boost Razon's net worth by 31% to $5.1 billion and lifting him to No. 4 on our list."}
{"sent": "By the end of 2019, it expects to pay off $12 billion more. If it hits the mark, AT&T will have eliminated $30 billion in borrowing since closing the Time Warner deal."}
{"sent": "The firm owned 17,177 shares of the company's stock after selling 1,999 shares during the period."}
{"sent": "Bank of America Corp DE raised its stake in shares of Vanguard Dividend Appreciation ETF by 3.0% during the second quarter. Bank of America Corp DE now owns 18,887,478 shares of the company's stock worth $2,175,082,000 after buying an additional 552,015 shares during the last quarter."}
{"sent": "Morgan Stanley raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.2% during the second quarter. Morgan Stanley now owns 7,615,840 shares of the company's stock worth $877,041,000 after buying an additional 162,399 shares during the last quarter."}
{"sent": "Wealthfront Advisers LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.3% during the first quarter. Wealthfront Advisers LLC now owns 5,512,160 shares of the company's stock worth $604,353,000 after buying an additional 123,597 shares during the last quarter."}
{"sent": "Vanguard Group Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.4% during the second quarter. Vanguard Group Inc. now owns 5,166,577 shares of the company's stock worth $594,983,000 after buying an additional 122,411 shares during the last quarter."}
{"sent": "Finally, Bank of Montreal Can raised its stake in shares of Vanguard Dividend Appreciation ETF by 128.8% during the second quarter. Bank of Montreal Can now owns 2,491,197 shares of the company's stock worth $286,887,000 after buying an additional 1,402,493 shares during the last quarter."}
{"sent": "Shares of VIG traded up $0.24 on Wednesday, reaching $119.12. 14,326 shares of the company's stock were exchanged, compared to its average volume of 926,386."}
{"sent": "The firm also recently declared a  -  dividend, which will be paid on Friday, September 27th. Investors of record on Wednesday, September 25th will be paid a dividend of $0.5523 per share. This represents a dividend yield of 1.7%."}
{"sent": "The firm also recently declared a  -  dividend, which will be paid on Friday, September 27th. Investors of record on Wednesday, September 25th will be paid a dividend of $0.5523 per share. This represents a dividend yield of 1.7%."}
{"sent": "Each Barkerville shareholder (excluding Osisko) will receive 0.0357 of an Osisko share for each Barkerville share they hold. The implied price of the Barkerville share is $0.58, a 44% premium."}
{"sent": "Wells Fargo & Company MN Has $3.27 Million Stock Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Wells Fargo & Company MN raised its position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 40.8% in the 2nd quarter, Holdings Channel reports. The firm owned 107,199 shares of the company's stock after acquiring an additional 31,071 shares during the period. Wells Fargo & Company MN's holdings in Pacer Global Cash Cows Dividend ETF were worth $3,273,000 at the end of the most recent reporting period."}
{"sent": "Wells Fargo & Company MN Has $3.27 Million Stock Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Wells Fargo & Company MN raised its position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 40.8% in the 2nd quarter, Holdings Channel reports. The firm owned 107,199 shares of the company's stock after acquiring an additional 31,071 shares during the period. Wells Fargo & Company MN's holdings in Pacer Global Cash Cows Dividend ETF were worth $3,273,000 at the end of the most recent reporting period."}
{"sent": "Advisor Group Inc. raised its position in Pacer Global Cash Cows Dividend ETF by 70.8% during the second quarter. Advisor Group Inc. now owns 49,294 shares of the company's stock valued at $1,504,000 after purchasing an additional 20,434 shares in the last quarter."}
{"sent": "Janney Montgomery Scott LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 19.3% during the second quarter. Janney Montgomery Scott LLC now owns 37,480 shares of the company's stock worth $1,144,000 after buying an additional 6,072 shares during the last quarter."}
{"sent": "Private Advisor Group LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 4.0% during the first quarter. Private Advisor Group LLC now owns 66,023 shares of the company's stock worth $2,016,000 after buying an additional 2,547 shares during the last quarter."}
{"sent": "Analyst Recommendations  This is a breakdown of recent ratings and recommmendations for Analog Devices and Mellanox Technologies, as reported by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Analog Devices - 0 - 5 - 13 - 0 - 2.72  - Mellanox Technologies - 0 - 7 - 2 - 0 - 2.22  Analog Devices currently has a consensus price target of $112.24, indicating a potential downside of 3.68%."}
{"sent": "Mellanox Technologies has a consensus price target of $116.83, indicating a potential upside of 4.83%."}
{"sent": "Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Declares  -  Dividend of $0.28 Tweet  Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be paid a dividend of 0.2754 per share on Friday, September 27th. This represents a yield of 2.8%."}
{"sent": "Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Declares  -  Dividend of $0.28 Tweet  Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) announced a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Wednesday, September 25th will be paid a dividend of 0.2754 per share on Friday, September 27th. This represents a yield of 2.8%."}
{"sent": "Vanguard FTSE Developed Markets ETF stock traded down $0.07 during midday trading on Wednesday, reaching $41.02."}
{"sent": "SPDR S&P Insurance ETF (NYSEARCA:KIE) announced a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Stockholders of record on Tuesday, September 24th will be given a dividend of 0.1502 per share by the exchange traded fund on Thursday, September 26th. This represents a dividend yield of 1.6%."}
{"sent": "SPDR S&P Insurance ETF (NYSEARCA:KIE) announced a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Stockholders of record on Tuesday, September 24th will be given a dividend of 0.1502 per share by the exchange traded fund on Thursday, September 26th. This represents a dividend yield of 1.6%."}
{"sent": "Shares of SPDR S&P Insurance ETF stock traded down $0.02 during trading hours on Monday, hitting $35.19."}
{"sent": "The Associated Press  Shares of Kraft Heinz Co fell 4 per cent on Tuesday after the packaged food maker's second largest investor, 3G Capital, sold over 25 million shares in the open market at a discount."}
{"sent": "The $712.95 million stock sale brings 3G Capital's stake down to 20.1 per cent from 22.14 per cent, and it continues to be the second largest shareholder behind Warren Buffett's Berkshire Hathaway Inc."}
{"sent": "(  3G Capital's stake cut comes as Kraft Heinz struggles to turnaround following dismal results, a string of writedowns of brands amidst competition from private-label brands, changing consumer tastes and lower investment in its brands due to heavy cost-cutting. The company in August had reported weak first-half sales while it wrote down values of its several business units by more than $1 billion and withdrew its full-year outlook."}
{"sent": "By Karin Matussek and Christoph Rauwald | Sep 24, 2019  (Bloomberg)  -  Germany's embattled car industry suffered a one-two blow after prosecutors charged Volkswagen AG's two top executives with market manipulation in the four-year-old diesel scandal and Daimler AG was fined in a separate probe for rigging vehicles. The charge against VW's leaders was brought by prosecutors in Braunschweig, near the company's Wolfsburg headquarters, alleging that Chief Executive Officer Herbert Diess, Chairman Hans Dieter Poetsch and former CEO Martin Winterkorn were too slow to inform investors about their diesel findings. Within hours, a separate decision by Stuttgart prosecutors fined Daimler 870 million euros ($957 million) in a probe into their diesel cars."}
{"sent": "With their top managers now in the firing line, Volkswagen was dealt a dramatic setback in the scandal that has been haunting the carmaker since September 2015, when it admitted using software in 11 million diesel vehicles to cheat on emissions tests. At the time, Diess had just joined the company. The toll has so far reached 30 billion euros ($33 billion) in fines and other expenses for the firm and the proceedings could drag on during a period when it's facing a shift to electric cars and slower sales in some key markets."}
{"sent": "VW shares fell 3% in Frankfurt, while Daimler slumped 1.7%. The Volkswagen market-manipulation probe was prompted by Germany's financial regulator Bafin, which in mid-2016 asked prosecutors to investigate Winterkorn and Diess."}
{"sent": "VW has earmarked 5.5 billion euros in contingent liabilities for diesel-scandal matters and 3.4 billion euros are related to the investor lawsuits, Chief Financial Officer Frank Witter told analysts on May 2."}
{"sent": "VW has earmarked 5.5 billion euros in contingent liabilities for diesel-scandal matters and 3.4 billion euros are related to the investor lawsuits, Chief Financial Officer Frank Witter told analysts on May 2."}
{"sent": "At the same time, VW added a 1 billion-euro provision for legal costs."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Trinity Merger - 0 - 0 - 0 - 0 - N/A  - Verra Mobility - 0 - 2 - 3 - 0 - 2.60  Verra Mobility has a consensus price target of $14.92, suggesting a potential upside of 2.52%."}
{"sent": "The activist hedge fund cited the company's history of questionable acquisition decisions, including buying DirecTV and Time Warner, and lackluster operational performance to justify its move into the company. In all, AT&T has spent about $200 billion in recent years on acquisitions."}
{"sent": "ACG Wealth Trims Holdings in Legg Mason Low Volatility High Dividend ETF (NASDAQ:LVHD) ACG Wealth decreased its stake in Legg Mason Low Volatility High Dividend ETF (NASDAQ:LVHD) by 36.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,187 shares of the company's stock after selling 5,765 shares during the period. ACG Wealth's holdings in Legg Mason Low Volatility High Dividend ETF were worth $328,000 at the end of the most recent quarter."}
{"sent": "ACG Wealth Trims Holdings in Legg Mason Low Volatility High Dividend ETF (NASDAQ:LVHD) ACG Wealth decreased its stake in Legg Mason Low Volatility High Dividend ETF (NASDAQ:LVHD) by 36.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,187 shares of the company's stock after selling 5,765 shares during the period. ACG Wealth's holdings in Legg Mason Low Volatility High Dividend ETF were worth $328,000 at the end of the most recent quarter."}
{"sent": "Wealthcare Advisory Partners LLC increased its stake in shares of Legg Mason Low Volatility High Dividend ETF by 167.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 3,593 shares of the company's stock worth $116,000 after purchasing an additional 2,250 shares in the last quarter."}
{"sent": "Howe & Rusling Inc. increased its stake in shares of Legg Mason Low Volatility High Dividend ETF by 2.7% in the first quarter. Howe & Rusling Inc. now owns 96,319 shares of the company's stock worth $3,064,000 after purchasing an additional 2,560 shares in the last quarter."}
{"sent": "Finally, Janney Montgomery Scott LLC increased its stake in shares of Legg Mason Low Volatility High Dividend ETF by 2.8% in the second quarter. Janney Montgomery Scott LLC now owns 96,211 shares of the company's stock worth $3,094,000 after purchasing an additional 2,592 shares in the last quarter."}
{"sent": "Shares of LVHD traded down $0.13 during trading hours on Friday, hitting $33.27."}
{"sent": "SPDR S&P Internet ETF (NYSEARCA:XWEB) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.029 per share on Thursday, September 26th. This represents a yield of 0.5%."}
{"sent": "SPDR S&P Internet ETF (NYSEARCA:XWEB) declared a  -  dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.029 per share on Thursday, September 26th. This represents a yield of 0.5%."}
{"sent": "NYSEARCA:XWEB traded down $2.17 on Tuesday, hitting $78.97."}
{"sent": "iShares Transportation Average ETF (BATS:IYT) to Issue  -  Dividend of $0.76 Tweet  iShares Transportation Average ETF (BATS:IYT) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be paid a dividend of 0.7636 per share by the exchange traded fund on Monday, September 30th. This represents a dividend yield of 1.2%."}
{"sent": "iShares Transportation Average ETF (BATS:IYT) to Issue  -  Dividend of $0.76 Tweet  iShares Transportation Average ETF (BATS:IYT) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be paid a dividend of 0.7636 per share by the exchange traded fund on Monday, September 30th. This represents a dividend yield of 1.2%."}
{"sent": "Shares of IYT traded down $1.69 during trading hours on Tuesday, reaching $185.67. 184,151 shares of the company traded hands."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Rating Score  - Gossamer Bio Inc. - 0 - 0 - 0 - 0.00  - Ra Pharmaceuticals Inc. - 0 - 0 - 1 - 3.00  Competitively Ra Pharmaceuticals Inc. has an average price target of $49, with potential upside of 90.66%."}
{"sent": "(NYSE:BIG) announced a quarterly dividend on Friday, August 30th, RTT News reports. Investors of record on Friday, September 13th will be given a dividend of 0.30 per share on Friday, September 27th. This represents a $1.20 annualized dividend and a dividend yield of 5.27%."}
{"sent": "(NYSE:BIG) announced a quarterly dividend on Friday, August 30th, RTT News reports. Investors of record on Friday, September 13th will be given a dividend of 0.30 per share on Friday, September 27th. This represents a $1.20 annualized dividend and a dividend yield of 5.27%."}
{"sent": "Analysts expect Big Lots to earn $3.90 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 30.8%."}
{"sent": "The company reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.13."}
{"sent": "Finally, Loop Capital increased their price objective on shares of Big Lots to $25.00 and gave the stock a hold rating in a research note on Tuesday, September 3rd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. Big Lots currently has an average rating of Hold and an average price target of $31.83."}
{"sent": "Finally, Loop Capital increased their price objective on shares of Big Lots to $25.00 and gave the stock a hold rating in a research note on Tuesday, September 3rd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. Big Lots currently has an average rating of Hold and an average price target of $31.83."}
{"sent": "Blackwall Ltd Plans Final Dividend of $0.02 (ASX:BWF) Blackwall Ltd (ASX:BWF) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Shareholders of record on Wednesday, October 9th will be paid a dividend of 0.021 per share on Wednesday, October 9th. This represents a yield of 2.1%."}
{"sent": "Blackwall Ltd Plans Final Dividend of $0.02 (ASX:BWF) Blackwall Ltd (ASX:BWF) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Shareholders of record on Wednesday, October 9th will be paid a dividend of 0.021 per share on Wednesday, October 9th. This represents a yield of 2.1%."}
{"sent": "ASX:BWF traded down A$0.02 ($0.01) on Friday, reaching A$0.93 ($0.66). 3,000 shares of the stock traded hands."}
{"sent": "Analyst Ratings  This is a summary of recent ratings and price targets for Jerash Holdings (US) and its rivals, as provided by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Jerash Holdings (US) - 0 - 0 - 3 - 0 - 3.00  - Jerash Holdings (US) Competitors - 246 - 1110 - 1566 - 66 - 2.49  Jerash Holdings (US) presently has a consensus target price of $9.50, indicating a potential upside of 21.79%."}
{"sent": "Sienna Senior Living Inc (SIA) to Issue Monthly Dividend of $0.08 on October 15th Tweet  Sienna Senior Living Inc (TSE:SIA) announced a monthly dividend on Friday, September 27th, TickerTech reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.078 per share on Tuesday, October 15th. This represents a $0.94 annualized dividend and a yield of 4.87%."}
{"sent": "Sienna Senior Living Inc (SIA) to Issue Monthly Dividend of $0.08 on October 15th Tweet  Sienna Senior Living Inc (TSE:SIA) announced a monthly dividend on Friday, September 27th, TickerTech reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.078 per share on Tuesday, October 15th. This represents a $0.94 annualized dividend and a yield of 4.87%."}
{"sent": "Sienna Senior Living stock traded up C$0.03 during mid-day trading on Wednesday, hitting C$19.23."}
{"sent": "The company reported C$0.03 earnings per share for the quarter, missing the Zacks' consensus estimate of C$0.35 by C($0.32)."}
{"sent": "Finally, Echelon Wealth Partners lowered Sienna Senior Living from a buy rating to a hold rating in a report on Thursday, August 15th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Sienna Senior Living currently has an average rating of Buy and a consensus target price of C$20.00."}
{"sent": "Finally, Echelon Wealth Partners lowered Sienna Senior Living from a buy rating to a hold rating in a report on Thursday, August 15th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Sienna Senior Living currently has an average rating of Buy and a consensus target price of C$20.00."}
{"sent": "DA Davidson reaffirmed a neutral rating on shares of Peoples Utah Bancorp in a research note on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Peoples Utah Bancorp presently has a consensus rating of Hold and an average price target of $31.50."}
{"sent": "DA Davidson reaffirmed a neutral rating on shares of Peoples Utah Bancorp in a research note on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Peoples Utah Bancorp presently has a consensus rating of Hold and an average price target of $31.50."}
{"sent": "The bank reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01."}
{"sent": "Fred W. Fairclough sold 1,375 shares of the stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $29.62, for a total transaction of $40,727.50. Following the transaction, the director now owns 13,911 shares of the company's stock, valued at $412,043.82."}
{"sent": "In the last ninety days, insiders have sold 43,834 shares of company stock worth $1,220,157. 17.34% of the stock is currently owned by insiders."}
{"sent": "BlackRock Inc. increased its position in shares of Peoples Utah Bancorp by 13.7% in the second quarter. BlackRock Inc. now owns 944,017 shares of the bank's stock worth $27,755,000 after acquiring an additional 113,410 shares in the last quarter."}
{"sent": "Dimensional Fund Advisors LP increased its position in shares of Peoples Utah Bancorp by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 409,325 shares of the bank's stock worth $12,341,000 after acquiring an additional 21,376 shares in the last quarter."}
{"sent": "(BMV:IYM) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be given a dividend of 0.4973 per share on Monday, September 30th. This represents a dividend yield of 1.7%."}
{"sent": "(BMV:IYM) declared a  -  dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be given a dividend of 0.4973 per share on Monday, September 30th. This represents a dividend yield of 1.7%."}
{"sent": "Fanhua Inc (NASDAQ:FANH) Plans Dividend Increase  -  $0.30 Per Share Fanhua Inc (NASDAQ:FANH) declared a quarterly dividend on Wednesday, August 21st, NASDAQ reports. Stockholders of record on Wednesday, September 4th will be paid a dividend of 0.295 per share by the financial services provider on Thursday, September 19th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.38%."}
{"sent": "Fanhua Inc (NASDAQ:FANH) Plans Dividend Increase  -  $0.30 Per Share Fanhua Inc (NASDAQ:FANH) declared a quarterly dividend on Wednesday, August 21st, NASDAQ reports. Stockholders of record on Wednesday, September 4th will be paid a dividend of 0.295 per share by the financial services provider on Thursday, September 19th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.38%."}
{"sent": "Fanhua stock traded up $0.14 during midday trading on Friday, reaching $26.95."}
{"sent": "The financial services provider reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.13)."}
{"sent": "Western Asset Inv Grade Income Fund Inc (NYSE:PAI) Declares $0.06  -  Dividend Tweet  Western Asset Inv Grade Income Fund Inc (NYSE:PAI) declared a  -  dividend on Thursday, September 19th, Wall Street Journal reports. Stockholders of record on Friday, October 18th will be paid a dividend of 0.0575 per share by the financial services provider on Friday, November 1st. This represents a dividend yield of 4.4%."}
{"sent": "Western Asset Inv Grade Income Fund Inc (NYSE:PAI) Declares $0.06  -  Dividend Tweet  Western Asset Inv Grade Income Fund Inc (NYSE:PAI) declared a  -  dividend on Thursday, September 19th, Wall Street Journal reports. Stockholders of record on Friday, October 18th will be paid a dividend of 0.0575 per share by the financial services provider on Friday, November 1st. This represents a dividend yield of 4.4%."}
{"sent": "Sources with knowledge of the company told Sportsmail their stake had at one stage been valued at more than \u00a31bn after they began buying shares in 2015."}
{"sent": "Wolves' owners are facing losses of more than \u00a31billion following the collapse of Thomas Cook  Shares in Thomas Cook collapsed from a peak of \u00a31.50 in May 2018 to a few pence  Shares in Thomas Cook collapsed from a peak of \u00a31.50 in May 2018 to a few pence before the holiday company was declared bankrupt with debts of \u00a31.7bn."}
{"sent": "Analyst Recommendations  This is a summary of current recommendations for Twist Bioscience and Outlook Therapeutics, as reported by MarketBeat.com.  - - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Twist Bioscience - 0 - 1 - 3 - 0 - 2.75  - Outlook Therapeutics - 0 - 0 - 5 - 0 - 3.00  Twist Bioscience presently has a consensus price target of $26.33, indicating a potential downside of 11.75%."}
{"sent": "Outlook Therapeutics has a consensus price target of $9.00, indicating a potential upside of 459.01%."}
{"sent": "Sensex zooms over 1,300 pts on FM's tax booster Times of India | Sep 20, 2019 at 6:01 AM  Mumbai, Sep 20 () Domestic equity benchmark BSE Sensex skyrocketed over 1300 points in morning session on Friday after Finance Minister Nirmala Sitharaman announced a slew of measures to revive the ailing economy."}
{"sent": "- - Sell Ratings - Hold Ratings - Buy Ratings - Strong Buy Ratings - Rating Score  - Radware - 0 - 0 - 2 - 0 - 3.00  - i3 Verticals - 0 - 1 - 4 - 0 - 2.80  Radware presently has a consensus price target of $30.00, suggesting a potential upside of 22.10%."}
{"sent": "i3 Verticals has a consensus price target of $26.20, suggesting a potential upside of 28.12%."}
{"sent": "During the third quarter, sales improved substantially compared to the second quarter. This was driven by several factors, including an improvement in our merchandise assortments, a 25later back-to-school season, stronger performance in our larger markets, and our return to more normal store hours."}
{"sent": "Our fourth quarter sales remained suppressed due to the negative impact from the upsurge in the virus that resulted in reduced customer traffic and more stringent occupancy and store operating hours restrictions."}
{"sent": "In the third quarter of fiscal 2020, we refinanced $775 million in aggregate principal amount of higher interest senior notes with the issuance of $1.0 billion in aggregate principal amount of lower interest rate senior notes. This action resulted in a refinancing charge of approximately $240 million in the third quarter, but will significantly reduce our annual interest expense and total cash outlays over the life of the debt."}
{"sent": "Sales for fiscal 2020 decreased $3.5 billion, or 21.9%, compared to the prior year. This was primarily due to the negative impact from store closures during the March 2020 to June 2020 period, the negative impact on customer demand from the COVID-19 pandemic, mandated occupancy restrictions, and reduced store operating hours during the remainder of fiscal 2020."}
{"sent": "Cost of goods sold in fiscal 2020 decreased $1.7 billion compared to the prior year mainly due to the lower sales from the temporary closure of all store locations (starting on March 20, 2020 through a portion of the second quarter of fiscal 2020), and ensuing negative impact on customer demand from the COVID-19 pandemic after our store reopenings, as well as lower costs from the temporary furlough of most hourly associates in our distribution centers and some associates in our buying offices."}
{"sent": "For fiscal 2020, selling, general and administrative expenses (\u201cSG&A\u201d) increased $146.6 million compared to the prior year, primarily due to approximately $240 million in long-term debt refinancing costs, COVID-related expenses (including for supplies, cleaning, and payroll related to additional safety protocols), and payments to associates while our stores were closed (net of employee retention credits under the Coronavirus Aid, Relief, and Economic Security Act (the \u201cCARES Act\u201d)), partially offset by payroll-related cost reduction measures in response to the COVID-19 pandemic (including the temporary furlough of most hourly associates in our stores during closure periods, and some associates in our corporate offices), reductions in non-business critical operating expenses, and lower store operating expenses on lower sales."}
{"sent": "As we enter 2021, we expect our operating costs to continue to reflect ongoing COVID-related expenses and also higher wages. For fiscal 2019, SG&A increased $140.2 million compared to the prior year, mainly due to increased store operating costs reflecting the opening of 88 net new stores during the year."}
{"sent": "SG&A as a percentage of sales for fiscal 2019 decreased by approximately 10 basis points compared to the prior year primarily due to leverage on higher sales.28Interest expense (income), net."}
{"sent": "In fiscal 2020, net interest expense increased by $101.5 million compared to 2019 primarily due to higher interest expense on long-term debt due to the issuance of Senior Notes in April 2020 and October 2020 (net of repurchase of Senior Notes), lower interest income due to lower interest rates, and higher interest expense on short-term debt due to the draw down on our $800 million revolving credit facility in March 2020 (which was subsequently repaid in October 2020), partially offset by higher capitalized interest primarily related to the construction of our Brookshire, Texas distribution center."}
{"sent": "In fiscal 2019, we resolved uncertain tax positions with a state tax authority. As a result, we recognized a tax benefit of approximately $10.0 million in the Consolidated Statement of Earnings."}
{"sent": "In fiscal 2018, we resolved uncertain tax positions related to fiscal 2015 with the Internal Revenue Service. As a result, we recognized a tax benefit of approximately $26.0 million in the Consolidated Statement of Earnings.On March 27, 2020, the CARES Act was signed into law."}
{"sent": "Net earnings as a percentage of sales for fiscal 2020 were lower than in fiscal 2019, primarily due to higher cost of goods sold, higher SG&A expenses, and higher interest expense."}
{"sent": "Net earnings as a percentage of sales for fiscal 2019 were lower compared to fiscal 2018, primarily due to higher cost of goods sold, partially offset by lower SG&A expenses and higher interest income.Earnings per share."}
{"sent": "Diluted earnings per share in fiscal 2020 was $0.24, compared to $4.60 in the prior year. The lower diluted earnings per share in fiscal 2020 was primarily attributable to lower sales due to the closing of all our store locations starting on March 20, 2020 through a portion the second quarter of fiscal 2020 and the negative impact on customer demand from the COVID-19 pandemic, higher markdowns to clear aged and seasonal inventory, long-term debt refinancing costs, payments to associates while our stores were closed (net of employee retention credits under the CARES Act), and higher expenditures for COVID-19 related measures."}
{"sent": "Diluted earnings per share in fiscal 2019 was $4.60, which included a per share benefit of approximately $0.02 primarily related to the favorable resolution of a tax matter, compared to $4.26 in the prior year, which included a per share benefit of approximately $0.07 from the favorable resolution of a tax matter."}
{"sent": "In the third quarter of fiscal 2020, we refinanced $775 million in aggregate principal amount of higher interest senior notes with the issuance of $1.0 billion in aggregate principal amount of lower interest rate senior notes. This action resulted in a refinancing charge of approximately $240 million in the third quarter, but will significantly reduce our annual interest expense and total cash outlays over the life of the debt."}
{"sent": "Net cash provided by operating activities was $2.2 billion and $2.1 billion in fiscal 2019 and 2018, respectively, and was primarily driven by net earnings excluding non-cash expenses for depreciation and amortization and for deferred taxes."}
{"sent": "The increase in cash flow from operating activities in fiscal 2020 compared to fiscal 2019 was primarily driven by higher accounts payable leverage."}
{"sent": "The increase in cash flow from operating activities in fiscal 2019 compared to fiscal 2018 was primarily driven by higher earnings and the timing of merchandise receipts and related payments versus the prior year."}
{"sent": "The increase in accounts payable leverage in fiscal 2020 compared to fiscal 2019 was primarily driven by lower packaway and in-store inventory and extended payment terms."}
{"sent": "The increase in accounts payable leverage in fiscal 2019 compared to fiscal 2018 was primarily driven by timing of merchandise receipts and related payments versus the prior year."}
{"sent": "The decrease in cash used for investing activities in fiscal 2020 compared to fiscal 2019 was primarily due to a reduction in our capital expenditures."}
{"sent": "The increase in cash used for investing activities in fiscal 2019 compared to fiscal 2018 was primarily due to an increase in our capital expenditures."}
{"sent": "The increase in capital expenditures in fiscal 2019 compared to fiscal 2018 was primarily due to investments in our distribution centers, and information technology infrastructure investments for our stores, buying, corporate offices, and transportation."}
{"sent": "The increase in cash provided by financing activities for fiscal 2020, compared to fiscal 2019, was primarily due to the completion of our public debt offerings, net of repurchase and refinancing costs, and the suspension of our share repurchases and dividends in the second quarter of 2020."}
{"sent": "As of January 30, 2021, we were in compliance with these amended covenants. In October 2020, we repaid in full the $800 million we borrowed under the unsecured revolving credit facility. As a result, we currently have no borrowings or standby letters of credit outstanding under this facility, and the $800 million credit facility remains in place and available."}
{"sent": "During 2018, we recognized charges totaling $417 million related to projects in the Energy & Chemicals, Infrastructure & Power and Other segments."}
{"sent": "These project charges were partially offset by a gain of $125 million from the sale of a joint venture interest in the United Kingdom."}
{"sent": "During 2019, consolidated revenue declined primarily due to volume declines on Energy & Chemicals projects as well as the completion of a power restoration project in Puerto Rico in 2018 and three large power projects in 2019."}
{"sent": "During 2020, total segment profit increased due to the project charges in the Energy & Chemicals, Infrastructure & Power and Other segments recognized in 2019 (discussed above)."}
{"sent": "During 2019, total segment profit significantly declined due to the 2019 project charges in the Energy & Chemicals, Infrastructure & Power and Other segments."}
{"sent": "The 2020 effective tax rate was favorably impacted by a $125 million benefit due to the utilization of a 2019 net operating loss carryback as allowed under the CARES ACT enacted on March 27, 2020."}
{"sent": "This benefit was offset by a $149 million increase in valuation allowances to reduce deferred tax assets primarily in the U.S. and the Netherlands."}
{"sent": "The 2019 effective tax rate was unfavorably impacted by $731 million in charges related to establishing valuation allowances to reduce net deferred tax assets in the U.S., the U.K. and Australia."}
{"sent": "The 2018 effective tax rate was unfavorably impacted due to a $79 million increase in valuation allowances to reduce certain deferred tax assets in the U.S., the Netherlands and Belgium."}
{"sent": "Revenue in 2019 decreased compared to 2018 due to a significant decline in the volume of customer-furnished materials and project execution activities, combined with the impact of a lower volume of broad based new awards."}
{"sent": "Segment profit significantly increased during 2020 despite the adverse impacts of the recognition of reserves totaling $60 million for expected credit losses associated with certain joint venture clients, as well as margin diminution on a percentage-of-completion basis resulting from project positions taken with respect to COVID-19 related schedule delays and associated cost growth. The increase in segment profit during 2020 is primarily the result of charges taken during 2019, discussed below."}
{"sent": "Excluding these items, segment profit declined in 2020 due to the reduced execution activity of the upstream, downstream and chemicals projects discussed above, partially offset by the increase in activity for the LNG project and a decrease in overhead."}
{"sent": "Segment profit in 2019 significantly decreased compared to 2018 as a result of charges taken during 2019 including $260 million for cost growth on an offshore project, $87 million for cost growth on two downstream projects and scope reductions on a large upstream project, $26 million for the write-off of pre-contract costs, $26 million on embedded foreign currency derivatives and $31 million from the resolution of close-out matters."}
{"sent": "Segment profit margin in 2020 was also adversely impacted by a shift from higher margin work in 2019 to lower margin work in 2020 in certain geographies."}
{"sent": "Revenue increased in 2019 compared to 2018 primarily due to increased execution activities for several large mining projects as well as ramping up construction activity on the two advanced technologies projects."}
{"sent": "Segment profit declined in 2020 compared to 2019 primarily due to a gain of $31 million recognized in 2019 resulting from a favorable resolution of a longstanding customer dispute on a mining project."}
{"sent": "Segment profit in 2020 was also adversely impacted by the decline in activity for the life sciences project and mining projects nearing completion as well as the mining project in South America that was impacted by COVID-19."}
{"sent": "Segment profit in 2019 increased compared to 2018 due to the increased volume of execution activities for the large mining projects and the two advanced technologies projects that drove the increase in revenue as well as the favorable resolution of the customer dispute."}
{"sent": "The decline in segment profit margin in 2020 and the increase in segment profit margin in 2019 was primarily the result of the favorable resolution of the customer dispute in 2019."}
{"sent": "Revenue in 2019 decreased compared to 2018 primarily due to the substantial completion of the three large power projects during 2019."}
{"sent": "Segment profit in 2020 significantly improved compared to 2019 primarily due to forecast revisions on several power and infrastructure projects recognized in 2019 (discussed below)."}
{"sent": "Segment profit in 2019 significantly decreased compared to 2018 due to charges of $135 million for the settlement of client disputes and cost growth on certain close-out matters for the three power projects discussed above and $133 million resulting from late engineering changes, schedule-driven cost growth and negotiations with clients and subcontractors on pending change orders for several infrastructure projects."}
{"sent": "Segment profit in 2018 included $188 million in charges on one of the aforementioned power projects as a result of cost growth and a $125 million gain associated with the sale of a joint venture interest in the United Kingdom."}
{"sent": "The changes in segment profit margin in 2020 and 2019 were primarily attributable to the same factors impacting segment profit in those years."}
{"sent": "The decrease in 2020 revenue was further driven by the recognition of service fee revenue in 2019 upon the favorable settlement of project claims on two cancelled nuclear power projects in the U.S."}
{"sent": "Revenue in 2019 decreased compared to 2018 substantially driven by the completion of a power restoration project in Puerto Rico in 2018 as well as a decrease in project execution activities for a logistics assistance program in Afghanistan, partially offset by an increase in execution activities at the Savannah River DOE site and the favorable settlement of the two nuclear power plant projects in 2019."}
{"sent": "The decrease in segment profit in 2020 was substantially driven by the favorable settlement of the two nuclear power plant projects in 2019 as well as the completion of the nuclear decommissioning project in 2019 and the decline in FEMA work in 2020."}
{"sent": "The increase in segment profit in 2019 was due to the favorable settlement of the two nuclear power plant projects."}
{"sent": "The changes in segment profit margin in 2020 and 2019 were primarily attributable to the same factors that affected revenue and segment profit."}
{"sent": "Revenue in 2019 decreased compared to 2018 primarily due to lower volumes in the Stork business in Europe, the cancellation of a large operations and maintenance project in North America in 2018 and scope reductions on a maintenance project in Australia. The decline in 2019 revenue was further driven by scope reductions on a large power services project in the U.S. and lower volumes at the AMECO equipment business in Mexico."}
{"sent": "Segment profit in 2019 decreased compared to 2018 primarily driven by the above mentioned reduced volumes in the operations and maintenance business, including higher margin specialty services, and the closure of the AMECO equipment business in Mexico. The decline in segment profit in 2019 was further driven by charges related to negotiations with clients and joint venture partners."}
{"sent": "The declines in segment profit margin in 2020 and 2019 were primarily due to the same factors affecting segment profit."}
{"sent": "The Radford and Warren projects continue to project losses as of December 31, 2020.Revenue in 2020 increased compared to 2019 due to increased execution activities for both the Radford and Warren projects."}
{"sent": "Segment loss in 2018 of $56 million was driven by forecast revisions on the Radford project."}
{"sent": "The increase in NuScale costs during 2020 was due to an increase in research and development activities as NuScale received final design certification by the U.S. Nuclear Regulatory Commission in August of 2020."}
{"sent": "The decrease in other expense in 2020 was driven by the realization of our restructuring efforts and lower travel costs due to COVID-19.The increase in net interest expense during 2020 was primarily attributable to a decrease in interest income driven by lower interest rates in 2020."}
{"sent": "The decrease in net interest expense during 2019 was primarily attributable to an increase in interest income from time deposits in 2019 as well as a payment made in 2018 for a make-whole premium associated with the redemption of the 2021 Notes."}
{"sent": "During the third quarter of 2019, we recognized impairment charges of $257 million related to certain investments and $34 million related to customer relationship intangible assets."}
{"sent": "Revenues increased 17% for fiscal 2021, driven by growth in both the NIKE Brand and Converse."}
{"sent": "Unit sales of footwear increased 11%, while higher average selling price (ASP), on a wholesale equivalent basis, per pair contributed approximately 7 percentage points of footwear revenue growth. The increase in ASP was primarily due to higher full-price ASP, in part reflecting lower discounts, as well as higher NIKE Direct ASP and the favorable impact of growth in our NIKE Direct business."}
{"sent": "Currency-neutral NIKE Brand apparel revenues increased 15% for fiscal 2021, due to growth in all key categories, primarily Sportswear, Football (Soccer) and the Jordan Brand."}
{"sent": "Unit sales of apparel increased 14%, while higher ASP per unit contributed approximately 1 percentage point of apparel revenue growth. The increase in ASP was primarily due to the favorable impact of growth in our NIKE Direct business, as well as higher NIKE Direct ASP, partially offset by lower full-price ASP.On a reported basis, NIKE Direct revenues represented approximately 39% of our total NIKE Brand revenues for fiscal 2021 compared to 35% for fiscal 2020."}
{"sent": "On a currency-neutral basis, NIKE Direct revenues increased 30% for fiscal 2021, driven by strong digital commerce sales growth of 60%, comparable store sales growth of 4% and the addition of new stores."}
{"sent": "Changes in foreign currency exchange rates increased Demand creation expense by approximately 2 percentage points for fiscal 2021.Operating overhead expense increased 4% for fiscal 2021, due to an increase in strategic technology investments, higher NIKE Direct variable costs, and approximately $255 million in restructuring-related costs, partially offset by lower bad debt expense and lower travel and related expenses."}
{"sent": "NIKE Direct revenues increased 37%, driven by strong digital sales growth of 73%, comparable store sales growth of 5% and the addition of new stores."}
{"sent": "Footwear revenues increased 25% on a currency-neutral basis due to higher revenues in several key categories, led by Sportswear and the Jordan Brand."}
{"sent": "On a currency-neutral basis, apparel revenues increased 8% for fiscal 2021 driven by growth in all key categories, led by Sportswear."}
{"sent": "Reported EBIT increased 76% driven by higher revenues, lower selling and administrative expense as a percent of revenues and gross margin expansion."}
{"sent": "Gross margin increased approximately 430 basis points, primarily due to lower other costs, higher full-price ASP, reflecting lower discounts, the favorable impact of growth in our NIKE Direct business and lower product costs."}
{"sent": "The decrease in other costs was primarily due to annualizing the impacts of COVID-19 from fiscal 2020, including lower factory cancellation charges, lower inventory obsolescence reserves and the favorable rate impact of fixed supply chain costs on a higher volume of wholesale shipments."}
{"sent": "Selling and administrative expense decreased due to lower operating overhead and demand creation expense."}
{"sent": "Operating overhead expense decreased primarily as a result of lower bad debt and wage-related expenses, partially offset by higher NIKE Direct variable costs."}
{"sent": "Revenues increased in all key categories, led by Sportswear and the Jordan Brand. NIKE Direct revenues increased 25%, driven by strong digital sales growth of 67%, partially offset by a 10% decline in comparable store sales, primarily due to reduced physical retail traffic, in part resulting from temporary store closures and safety-related measures in response to COVID-19.Currency-neutral footwear revenues increased 13%, driven by higher revenues in nearly all key categories, led by Sportswear and the Jordan Brand."}
{"sent": "Unit sales of footwear increased 9% and higher ASP per pair contributed approximately 4 percentage points, resulting from higher full-price ASP and the favorable impact of growth in our NIKE Direct business."}
{"sent": "Unit sales of apparel increased 26%, while lower ASP per unit reduced apparel revenues by approximately 1 percentage point. Lower ASP per unit was primarily due to a lower mix of NIKE Direct sales, partially offset by higher full-price ASP, in part reflecting lower discounts.Reported EBIT increased 58% as higher revenues and lower selling and administrative expense more than offset a decline in gross margin."}
{"sent": "Gross margin decreased approximately 110 basis points primarily due to lower NIKE Direct margins and unfavorable changes in standard foreign currency exchange rates, which more than offset lower product costs and lower other costs."}
{"sent": "Selling and administrative expense decreased due to lower demand creation and operating overhead expense. The decrease in demand creation expense was primarily driven by lower retail brand presentation costs and lower sports marketing expense."}
{"sent": "NIKE Direct revenues increased 26%, driven by digital sales growth of 26%, comparable store sales growth of 22% and the addition of new stores."}
{"sent": "Currency-neutral footwear revenues increased 19%, driven by growth in all key categories, led by Sportswear, the Jordan Brand and NIKE Basketball."}
{"sent": "Unit sales of footwear increased 20%, while lower ASP per pair reduced footwear revenues by approximately 1 percentage point, driven by an unfavorable full-price mix, partially offset by higher full-price ASP, due to lower discounts."}
{"sent": "Currency-neutral apparel revenue growth of 19% was fueled by higher revenues in nearly all key categories, most notably Sportswear."}
{"sent": "Reported EBIT increased 30% as higher revenues and lower selling and administrative expense more than offset a decline in gross margin."}
{"sent": "Gross margin decreased approximately 200 basis points primarily due to unfavorable changes in standard foreign currency exchange rates and higher product costs."}
{"sent": "Selling and administrative expense decreased due to lower demand creation expense, partially offset by higher operating overhead expense."}
{"sent": "Demand creation expense decreased primarily due to lower advertising and marketing, as well as digital marketing expenses."}
{"sent": "Currency-neutral footwear revenues increased 8% for fiscal 2021 due to higher revenues in several key categories, primarily the Jordan Brand and Sportswear."}
{"sent": "Unit sales of footwear decreased 5%, while higher ASP per pair contributed approximately 13 percentage points of footwear revenue growth, driven by higher full-price and NIKE Direct ASPs, in part reflecting inflationary conditions in our SOCO territory, which includes Argentina, Chile and Uruguay, as well as the favorable impact of growth in our NIKE Direct business."}
{"sent": "Currency-neutral apparel revenues increased 10% for fiscal 2021 due to higher revenues in most key categories, led by Sportswear."}
{"sent": "Reported EBIT increased 29% for fiscal 2021 driven by higher revenues, lower selling and administrative expense and gross margin expansion."}
{"sent": "The decrease in other costs was primarily due to annualizing the impacts of COVID-19, including lower factory cancellation charges and lower inventory obsolescence reserves."}
{"sent": "Selling and administrative expense decreased due to lower demand creation and operating overhead expense."}
{"sent": "The decrease in demand creation expense was primarily due to lower advertising and marketing expense, as well as a decline in sports marketing costs."}
{"sent": "The increase in operating overhead expense was primarily due to continued investments in digital capabilities, partially offset by lower travel and related expenses."}
{"sent": "Lower demand creation expense was primarily due to lower sports marketing costs."}
{"sent": "On a currency-neutral basis, Converse revenues increased 16% for fiscal 2021. The increase in revenues was driven by revenue growth across Western Europe, North America and Asia."}
{"sent": "Wholesale revenues increased 13%, driven primarily by growth in Western Europe and Asia, in part due to the impacts of COVID-19 in the prior year."}
{"sent": "Direct to consumer revenues increased 24%, driven by strong digital sales growth across North America and Western Europe."}
{"sent": "Combined unit sales within the wholesale and direct to consumer channels increased 9%, while ASP increased 8%, primarily due to growth in full-price sales, including through our digital channel."}
{"sent": ".Reported EBIT increased 83%, driven by higher revenues and lower selling and administrative expense."}
{"sent": "Selling and administrative expense decreased due to lower operating overhead and demand creation expense."}
{"sent": "Operating overhead expense decreased primarily due to lower bad debt, travel and related costs and other administrative costs."}
{"sent": "Net income, adjusted for non-cash items, generated $6,612 million of operating cash inflow for fiscal 2021 compared to $3,730 million for fiscal 2020. The increase primarily reflects the recovery of our business operations from the impact of COVID-19."}
{"sent": "The net change in working capital was impacted by a $2,361 million decrease in Inventories, driven by strong consumer demand as we return to healthy inventory levels across markets closed in the prior year due to COVID-19."}
{"sent": "An increase in Accounts Payable and Accrued Liabilities also contributed to the net change in working capital, primarily due to reduced spending in fiscal 2020 as a result of COVID-19."}
{"sent": "In addition, the net change in working capital was impacted by a $2,845 million increase in Accounts receivable, net, primarily driven by higher revenues in the fourth quarter of fiscal 2021."}
{"sent": "Cash provided (used) by investing activities was an outflow of $3,800 million for fiscal 2021, compared to an outflow of $1,028 million for fiscal 2020, primarily driven by higher purchases of short-term investments."}
{"sent": "During fiscal 2021, the net change in investments (including sales, maturities and purchases) resulted in a cash outflow of $3,276 million compared to a cash inflow of $27 million in fiscal 2020."}
{"sent": "Cash provided (used) by financing activities was an outflow of $1,459 million for fiscal 2021 compared to an inflow of $2,491 million for fiscal 2020. This change was primarily due to the net proceeds from a $5,942 million corporate bond issuance in the fourth quarter of fiscal 2020, partially offset by lower share repurchases during fiscal 2021."}
{"sent": ".Liquidity was also provided by our $3 billion commercial paper program, which we decreased from $4 billion in connection with the new credit facility agreement, entered into on March 15, 2021, as described above."}
{"sent": "To date, we have not experienced difficulty accessing the credit markets however, future volatility in the capital markets may increase costs associated with issuing commercial paper or other debt instruments or affect our ability to access those markets. As of May 31, 2021, we had cash, cash equivalents and short-term investments totaling $13.5 billion, primarily consisting of commercial paper, corporate notes, deposits held at major banks, money market funds, U.S. government sponsored enterprise obligations, U.S. Treasury obligations and other investment grade fixed-income securities."}
{"sent": "The VaR increased year-over-year as a result of an increase in foreign currency volatilities as of May 31, 2021."}
{"sent": "During the third quarter, sales improved substantially compared to the second quarter. This was driven by several factors, including an improvement in our merchandise assortments, a 25later back-to-school season, stronger performance in our larger markets, and our return to more normal store hours."}
{"sent": "Our fourth quarter sales remained suppressed due to the negative impact from the upsurge in the virus that resulted in reduced customer traffic and more stringent occupancy and store operating hours restrictions."}
{"sent": "In the third quarter of fiscal 2020, we refinanced $775 million in aggregate principal amount of higher interest senior notes with the issuance of $1.0 billion in aggregate principal amount of lower interest rate senior notes. This action resulted in a refinancing charge of approximately $240 million in the third quarter, but will significantly reduce our annual interest expense and total cash outlays over the life of the debt."}
{"sent": "Sales for fiscal 2020 decreased $3.5 billion, or 21.9%, compared to the prior year. This was primarily due to the negative impact from store closures during the March 2020 to June 2020 period, the negative impact on customer demand from the COVID-19 pandemic, mandated occupancy restrictions, and reduced store operating hours during the remainder of fiscal 2020."}
{"sent": "Cost of goods sold in fiscal 2020 decreased $1.7 billion compared to the prior year mainly due to the lower sales from the temporary closure of all store locations (starting on March 20, 2020 through a portion of the second quarter of fiscal 2020), and ensuing negative impact on customer demand from the COVID-19 pandemic after our store reopenings, as well as lower costs from the temporary furlough of most hourly associates in our distribution centers and some associates in our buying offices."}
{"sent": "For fiscal 2019, SG&A increased $140.2 million compared to the prior year, mainly due to increased store operating costs reflecting the opening of 88 net new stores during the year."}
{"sent": "SG&A as a percentage of sales for fiscal 2019 decreased by approximately 10 basis points compared to the prior year primarily due to leverage on higher sales.28Interest expense (income), net."}
{"sent": "In fiscal 2020, net interest expense increased by $101.5 million compared to 2019 primarily due to higher interest expense on long-term debt due to the issuance of Senior Notes in April 2020 and October 2020 (net of repurchase of Senior Notes), lower interest income due to lower interest rates, and higher interest expense on short-term debt due to the draw down on our $800 million revolving credit facility in March 2020 (which was subsequently repaid in October 2020), partially offset by higher capitalized interest primarily related to the construction of our Brookshire, Texas distribution center."}
{"sent": "In fiscal 2019, we resolved uncertain tax positions with a state tax authority. As a result, we recognized a tax benefit of approximately $10.0 million in the Consolidated Statement of Earnings."}
{"sent": "In fiscal 2018, we resolved uncertain tax positions related to fiscal 2015 with the Internal Revenue Service. As a result, we recognized a tax benefit of approximately $26.0 million in the Consolidated Statement of Earnings.On March 27, 2020, the CARES Act was signed into law."}
{"sent": "Net earnings as a percentage of sales for fiscal 2020 were lower than in fiscal 2019, primarily due to higher cost of goods sold, higher SG&A expenses, and higher interest expense."}
{"sent": "Net earnings as a percentage of sales for fiscal 2019 were lower compared to fiscal 2018, primarily due to higher cost of goods sold, partially offset by lower SG&A expenses and higher interest income."}
{"sent": "Diluted earnings per share in fiscal 2020 was $0.24, compared to $4.60 in the prior year. The lower diluted earnings per share in fiscal 2020 was primarily attributable to lower sales due to the closing of all our store locations starting on March 20, 2020 through a portion the second quarter of fiscal 2020 and the negative impact on customer demand from the COVID-19 pandemic, higher markdowns to clear aged and seasonal inventory, long-term debt refinancing costs, payments to associates while our stores were closed (net of employee retention credits under the CARES Act), and higher expenditures for COVID-19 related measures."}
{"sent": "Diluted earnings per share in fiscal 2019 was $4.60, which included a per share benefit of approximately $0.02 primarily related to the favorable resolution of a tax matter, compared to $4.26 in the prior year, which included a per share benefit of approximately $0.07 from the favorable resolution of a tax matter."}
{"sent": "In the third quarter of fiscal 2020, we refinanced $775 million in aggregate principal amount of higher interest senior notes with the issuance of $1.0 billion in aggregate principal amount of lower interest rate senior notes. This action resulted in a refinancing charge of approximately $240 million in the third quarter, but will significantly reduce our annual interest expense and total cash outlays over the life of the debt."}
{"sent": "Net cash provided by operating activities was $2.2 billion and $2.1 billion in fiscal 2019 and 2018, respectively, and was primarily driven by net earnings excluding non-cash expenses for depreciation and amortization and for deferred taxes."}
{"sent": "The increase in cash flow from operating activities in fiscal 2020 compared to fiscal 2019 was primarily driven by higher accounts payable leverage."}
{"sent": "The increase in cash flow from operating activities in fiscal 2019 compared to fiscal 2018 was primarily driven by higher earnings and the timing of merchandise receipts and related payments versus the prior year."}
{"sent": "The increase in accounts payable leverage in fiscal 2020 compared to fiscal 2019 was primarily driven by lower packaway and in-store inventory and extended payment terms."}
{"sent": "The increase in accounts payable leverage in fiscal 2019 compared to fiscal 2018 was primarily driven by timing of merchandise receipts and related payments versus the prior year."}
{"sent": "The decrease in cash used for investing activities in fiscal 2020 compared to fiscal 2019 was primarily due to a reduction in our capital expenditures."}
{"sent": "The increase in cash used for investing activities in fiscal 2019 compared to fiscal 2018 was primarily due to an increase in our capital expenditures.The decrease in capital expenditures in fiscal 2020 compared to fiscal 2019 was primarily due to our actions to preserve our financial liquidity in response to the COVID-19 pandemic and related economic disruptions."}
{"sent": "The increase in capital expenditures in fiscal 2019 compared to fiscal 2018 was primarily due to investments in our distribution centers, and information technology infrastructure investments for our stores, buying, corporate offices, and transportation."}
{"sent": "The increase in cash provided by financing activities for fiscal 2020, compared to fiscal 2019, was primarily due to the completion of our public debt offerings, net of repurchase and refinancing costs, and the suspension of our share repurchases and dividends in the second quarter of 2020."}
{"sent": "In October 2020, we repaid in full the $800 million we borrowed under the unsecured revolving credit facility. As a result, we currently have no borrowings or standby letters of credit outstanding under this facility, and the $800 million credit facility remains in place and available."}
{"sent": "The modifications to Section 163(j) increase the allowable business interest deduction from 30% of adjusted taxable income to 50% of adjusted taxable income. This modification significantly increases the allowable interest expense deduction of the Company and resulted in significantly less taxable income for the year-ended 2019, resulting in less utilization of net operating losses and foreign tax credits in that year."}
{"sent": "As a result of this analysis, we concluded that the fair value was less than the carrying amount for one of our indefinite-lived trade names and recorded a non-cash impairment charge of $88 million within the Connect reporting unit. The impairment was primarily a result of change in market comparable data inputs utilized in establishing the discount rate, which resulted in a higher discount rate in the valuation, as well as slightly downward revisions of management\u2019s forecasts of future revenues."}
{"sent": "These insurance companies are now required to pay and administer the retirement benefits owed to these retirees and beneficiaries. These transactions have no impact on the amount, timing, or form of the monthly retirement benefit payments to the covered retirees and beneficiaries. These transactions resulted in a non-cash charge to other income/expense of $170 million in our consolidated statements of operations and did not impact cash flows in 2019."}
{"sent": "The Company\u2019s other long-lived asset impairment assessments resulted in the recognition of a non-cash impairment charge of $96 million for the year ended December 31, 2020."}
{"sent": "Costs within our Connect segment decreased 3.6%, or a decrease of 2.4% on a constant currency basis, primarily due to temporary actions taken in response to the COVID-19 pandemic, our productivity initiatives and lower variable costs associated with lower revenues."}
{"sent": "Costs within our Media segment increased 1.2%, or an increase of 1.3% on a constant currency basis, primarily due to the impact of our investments and higher spending on product portfolio management initiatives, partially offset by temporary actions taken in response to the COVID-19 pandemic and productivity initiatives."}
{"sent": "Costs within our Connect segment decreased 9.3%, or a decrease of 7.9% on a constant currency basis primarily due to temporary actions taken in response to the COVID-19 pandemic and the impact of our optimization plan and other productivity initiatives."}
{"sent": "Selling, general and administrative expenses decreased on a constant currency basis primarily due to temporary actions taken in response to the COVID-19 pandemic and the impact of our optimization plan and other productivity initiatives."}
{"sent": "Costs within our Corporate segment increased 157.8% on a reported and constant currency basis, primarily due to separation-related costs relating to the separation of our Global Connect business from our Global Media business."}
{"sent": "Depreciation and Amortization Depreciation and amortization expense was $864 million for the year ended December 31, 2020 as compared to $756 million for the year ended December 31, 2019. This increase was primarily due to higher depreciation and amortization expense associated with more assets in use, partially offset by lower depreciation and amortization expense associated with tangible and intangible assets acquired in business combinations."}
{"sent": "Interest Expense Interest expense was $371 million for the year ended December 31, 2020 compared to $397 million for the year ended December 31, 2019. This decrease was primarily due to slightly lower USD LIBOR interest rates on our senior secured term loans without hedged positions."}
{"sent": "50 Income/(Loss) Before Income Taxes and Equity in Net Income of Affiliates Income was $74 million for the year ended December 31, 2020 compared to a loss of $663 million for the year ended December 31, 2019 due primarily to the consolidated results mentioned above."}
{"sent": "Our effective tax rate benefit of 91% for the year ended December 31, 2020 was higher than the UK statutory rate as a result of the impact of tax rate differences in other jurisdictions where the Company files tax returns, increases in valuation allowances, taxable transactions related to the separation, and withholding and foreign taxes as well as state and local income taxes offset by the favorable impact of changes in estimates for uncertain tax positions and audit settlements, research and development credits, and the effect of global licensing activities."}
{"sent": "Our effective tax rate for the year ended December 31, 2019 was higher than the UK statutory rate as a result of the impact of goodwill impairment, tax rate differences in other jurisdictions where the Company files tax returns, post-retirement settlements, and withholding and foreign taxes as well as state and local income taxes offset by the favorable impact of changes in estimates for uncertain tax positions and audit settlements, decreases in valuation allowances, the effect of global licensing activities, and certain financing activities."}
{"sent": "Costs within our Connect segment decreased 0.1%, or an increase of 2.9% on a constant currency basis, primarily due to global investments in our services, partially offset by our productivity initiatives."}
{"sent": "51 Costs within our Media segment increased 0.5%, or an increase of 1.3% on a constant currency basis, primarily due to the impact of our investments and higher spending on product portfolio management initiatives, partially offset by productivity initiatives."}
{"sent": "Costs within our Connect segment decreased 7.0%, or a decrease of 3.8% on a constant currency basis primarily due to productivity initiatives."}
{"sent": "Selling, general and administrative expenses increased on a constant currency basis primarily due to the impact of our investments."}
{"sent": "Depreciation and amortization expense was $756 million for the year ended December 31, 2019 as compared to $675 million for the year ended December 31, 2018. This increase was primarily due to higher depreciation and amortization expense associated with capital expenditures, partially offset by lower depreciation and amortization expense associated with assets acquired in business combinations."}
{"sent": "Restructuring Charges We recorded $80 million and $139 million in restructuring charges, primarily related to employee severance costs associated with our plans to reduce selling, general and administrative expenses and consolidate operations centers, as well as automation initiatives for the years ended December 31, 2019 and 2018, respectively."}
{"sent": "Interest Expense Interest expense was $397 million for the year ended December 31, 2019 compared to $394 million for the year ended December 31, 2018. This increase was primarily due to slightly higher USD LIBOR interest rates on our senior secured term loans without hedged positions and a higher EURO denominated debt balance."}
{"sent": "52 We realized net losses of $10 million and $16 million for the years ended December 31, 2019 and 2018, respectively, resulting primarily from fluctuations in certain foreign currencies associated with intercompany transactions."}
{"sent": "Income/(Loss) Before Income Taxes and Equity in Net Income of Affiliates Loss was $663 million for the year ended December 31, 2019 compared to a loss of $882 million for the year ended December 31, 2018 due primarily to the consolidated results mentioned above."}
{"sent": "Our effective tax rate benefit of 39% for the year ended December 31, 2019 was higher than the UK statutory rate as a result of the impact of goodwill impairment, tax rate differences in other jurisdictions where the Company files tax returns, post-retirement settlements, and withholding and foreign taxes as well as state and local income taxes offset by the favorable impact of changes in estimates for uncertain tax positions and audit settlements, decreases in valuation allowances, the effect of global licensing activities, and certain financing activities."}
{"sent": "Our effective tax rate for the year ended December 31, 2018 was higher than the UK statutory rate as a result of the impact of goodwill impairment, tax rate differences in other jurisdictions where the Company files tax returns, the effect of global licensing activities, withholding and foreign taxes as well as state and local income taxes, changes in estimates for uncertain tax positions, and increases in valuation allowances offset by the favorable impact of the TCJA adjustments, certain financing activities, and intercompany restructuring."}
{"sent": "Revenues from Measure decreased 4.1% to $2,073 million, or a decrease of 2.0% on a constant currency basis, reflecting the impact of the COVID-19 pandemic on retail measurement services."}
{"sent": "Revenues from Predict/Activate decreased 4.5% to $856 million, or a decrease of 3.4% on a constant currency basis, reflecting the impact of the COVID-19 pandemic, particularly in custom insights, partially offset by the January 2020 acquisition of Precima."}
{"sent": "Revenues from Audience Measurement decreased 0.6%, or a decrease of 0.5% on a constant currency basis, reflecting the impact of the COVID-19 pandemic on sports and non-contracted revenue and pressure in local television."}
{"sent": "Plan/Optimize revenues decreased 6.6%, or a decrease of 6.7% on a constant currency basis, primarily reflecting the impact of the COVID-19 pandemic on sports, Gracenote auto and short-cycle revenue."}
{"sent": "Media Segment Profitability Operating income was $782 million for the year ended December 31, 2020 as compared to $930 million for the year ended December 31, 2019. The decrease was driven primarily by the revenue decrease due to the COVID-19 pandemic discussed above, higher depreciation and amortization expense, higher restructuring charges and the impairment of other long-lived assets for the year ended December 31, 2020."}
{"sent": "Corporate Expenses and Eliminations Operating expenses were $252 million for the year ended December 31, 2020 as compared to $146 million for the year ended December 31, 2019. The increase was driven primarily by separation-related costs for the year ended December 31, 2020."}
{"sent": "Revenue growth on a constant currency basis was driven by stronger performance in our retail measurement services and improved trends in Emerging Markets."}
{"sent": "Revenues from Predict/Activate decreased 3.3% to 56 $896 million, or a decrease of 0.9% on a constant currency basis. Revenues decreased as a result of pressure in innovation and custom insights, partially offset by improvement in custom analytics."}
{"sent": "Media Segment Revenues Revenues increased 1.9% to $3,441 million for the year ended December 31, 2019 from $3,377 million for the year ended December 31, 2018, or an increase of 2.6% on a constant currency basis. Revenue growth was primarily driven by growth in Audience Measurement, which increased 2.5%, or an increase of 3.0% on a constant currency basis, primarily due to continued client adoption of our Total Audience Measurement system, partly offset by pressure in local television measurement."}
{"sent": "Plan/Optimize revenues increased 0.4%, or an increase of 1.6% on a constant currency basis, primarily driven by growth in Gracenote and outcome-based solutions, partially offset by pressure in Telecom."}
{"sent": "Media Segment Profitability Operating income was $930 million for the year ended December 31, 2019 as compared to $998 million for the year ended December 31, 2018. The decrease was driven by higher depreciation and amortization expense and investments in our services, partially offset by the revenue performance discussed above and lower restructuring costs."}
{"sent": "Corporate Expenses and Eliminations Operating expenses were $146 million for the year ended December 31, 2019 as compared to $144 million for the year ended December 31, 2018, primarily due to an increase in share-based compensation expense, partially offset by lower business optimization costs and transaction related costs, lower depreciation and amortization expense and lower restructuring charges."}
{"sent": "The partial redemption of the 5.500% Notes resulted in $425 million aggregate principal amount of 2021 Notes remaining outstanding."}
{"sent": "At December 31, 2020, our ratio of total net debt to Covenant EBITDA was less than 5.00 to 1.00 and therefore no mandatory repayment was required."}
{"sent": "Net cash provided by operating activities was $999 million for the year ended December 31, 2020, compared to $1,066 million for the year ended December 31, 2019. This decrease in net cash provided in operating activities was primarily due to higher employee annual incentive payments and higher restructuring payments, partially offset by working capital timing and lower income tax payments and interest payments."}
{"sent": "Net cash used in investing activities was $537 million for the year ended December 31, 2020, compared to $582 million for the year ended December 31, 2019. The primary drivers for the decrease was lower acquisition payments and a decrease in purchases of equity investments during the year ended December 31, 2020 as compared to the same period for 2019."}
{"sent": "Net cash used in financing activities was $307 million for the year ended December 31, 2020, compared to $544 million for the year ended December 31, 2019. The decrease in net cash used in financing activities was primarily due to the decrease in cash dividends, as described in \u201cDividends and Share Repurchase Program\u201d, partially offset by the net proceeds from debt issuances and repayments compared to the same period for 2019."}
{"sent": "Net cash provided by operating activities was $1,066 million for the year ended December 31, 2019, compared to $1,058 million for the year ended December 31, 2018. This increase was driven primarily by lower employee annual incentive payments, lower retailer investments and lower restructuring payments, partially offset by working capital timing and higher interest and tax payments during the year ended December 31, 2019."}
{"sent": "Net cash used in investing activities was $582 million for the year ended December 31, 2019, compared to $506 million for the year ended December 31, 2018. The increase was primarily driven by increased acquisition payments, a decrease in proceeds received from the sale of subsidiaries and affiliates, and the purchase of an equity investment during the year ended December 31, 2019, as compared to 2018. Financing activities."}
{"sent": "Net cash used in financing activities was $544 million for the year ended December 31, 2019, compared to $676 million for the year ended December 31, 2018. The decrease in cash used in financing activities was primarily due to lower dividend payments and share repurchasing, as described in the \u201cDividends and Share Repurchase Program\u201d section above, partially offset by an increase in net payments from the repayment and issuance of debt during the year ended December 31, 2019, as compared to the same period of 2018."}
{"sent": "Due to the fact that the Merger was a business combination between entities under common control, the exchange of assets and liabilities were made at carrying value. Therefore, there were no direct accounting implications in the Company\u2019s consolidated financial statements."}
{"sent": "The increase in the contract liability balance during the period was primarily due to $339 million of advance consideration received or the right to consideration that is unconditional from customers for which revenue was not recognized during the period, offset by $324 million of revenue recognized during the period that had been included in the December 31, 2019 contract liability balance."}
{"sent": "The non-cash impairment charge associated with amortizable intangibles of $43 million was recorded in the quarter ended December 31, 2020, which primarily related to internally developed software within our Connect Segment."}
{"sent": "The insurance companies are now required to pay and administer the retirement benefits owed to these retirees and beneficiaries. These transactions have no impact on the amount, timing, or form of the monthly retirement benefit payments to the covered retirees and beneficiaries. These transactions resulted in a non-cash charge to other income/expense of $170 million in our consolidated statements of operations and did not impact cash flows in 2019."}
{"sent": "Due to the COVID-19 pandemic, the defined contribution company matching was suspended in the U.S. effective May 9, 2020 through December 31, 2020, resulting in a significant reduction in the expense related to such plans."}
{"sent": "The Company records a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return."}
{"sent": "In certain jurisdictions, the Company has operating losses and other tax attributes that, due to the uncertainty of achieving sufficient profits to utilize these operating loss carryforwards and tax credit carryforwards, the Company currently believes it is more likely than not that a portion of these losses will not be realized. Therefore, the Company had a valuation allowance of approximately $647 million and $636 million at December 31, 2020 and 2019, respectively, related to net operating loss carryforwards, tax credit carryforwards and deferred tax assets related to other temporary differences."}
{"sent": "The increase in average monthly revenue per paying membership resulted from our price changes and plan mix, partially offset by unfavorable fluctuations in foreign exchange rates."}
{"sent": "The increase in operating margin is due primarily to increased revenues and decreased marketing costs, coupled with cost of revenues, technology and development, and general and administrative costs growing at a slower rate as compared to the 24% increase in revenues."}
{"sent": "Delivery expenses, therefore, include equipment costs related to Open Connect, payroll and related personnel expenses and all third-party costs, such as cloud computing costs, associated with delivering content over the internet."}
{"sent": "Expenses associated with the acquisition, licensing and production of content increased $1,101 million, primarily due to expenses related to the COVID-19 pandemic and continued growth in our content production activities."}
{"sent": "The foreign exchange loss in the year ended December 31, 2020 was primarily driven by the non-cash $533 million loss from the remeasurement of our Senior Notes denominated in euros, coupled with the remeasurement of cash and content liability positions in currencies other than the functional currencies."}
{"sent": "The increase in our effective tax rate for the year ended December 31, 2020 as compared to the year ended December 31, 2019 is primarily due to the establishment of a valuation allowance on the California R&D credit, partially offset by the recognition of excess tax benefits of stock-based compensation."}
{"sent": "Debt, net of debt issuance costs, increased $1,550 million primarily due to the issuance of debt in April 2020 coupled with the remeasurement of our euro-denominated notes."}
{"sent": "Net cash provided by operating activities increased $5,314 million from the year ended December 31, 2019 to $2,427 million for the year ended December 31, 2020 primarily driven by a $4,840 million or 24% increase in revenues coupled with a decrease in cash payments for content assets."}
{"sent": "As of December 31, 2020 the valuation allowance of $250 million was related to the California research and development credits that we do not expect to realize."}
{"sent": "As of December 31,2020, we had $16.4 billion of debt, consisting of fixed rate unsecured debt in sixteen tranches due between 2021 and 2030."}
{"sent": "In the year ended December 31,2020, we recognized a $660 million foreign exchange loss primarily due to the non-cash remeasurement of our Senior Notes denominated in euros, coupled with the remeasurement of cash and content liability positions denominated in currencies other than functional currencie."}
{"sent": "During 2020, we experienced a significant increase in demand and revenue growth in certain markets as consumers increased their food purchases for in-home consumption."}
{"sent": "\u2022Our 2020 net revenue and net earnings in U.S. dollars were negatively affected by currency translation losses from a generally stronger U.S. dollar relative to other currencies in the countries in which we operate."}
{"sent": "\u2022During the second quarter of 2020, we incurred higher operating costs primarily for labor, customer service and logistics, security, personal protective equipment and cleaning."}
{"sent": "In connection with the testing, we concluded that eight brands were impaired and we recorded $144 million of impairment charges in 2020."}
{"sent": "In connection with the KDP transaction, in the third quarter of 2018, we changed our accounting principle to reflect our share of Keurig's historical and KDP's ongoing earnings on a one-quarter lag basis for all periods presented while we continue to record dividends when cash is received.During 2019, we recognized a $23 million pre-tax gain related to the impact of a KDP acquisition that decreased our ownership interest from 13.8% to 13.6%."}
{"sent": "On May 29, 2020, we participated in the JDE Peet's offering and, with the subsequent exercise of the over-allotment option, we sold a total of approximately 11.1 million shares during the second quarter of 2020, retaining a 22.9% ownership interest in JDE Peet's. We received \u20ac350 million ($394 million) of total proceeds from the sales of JDE Peet's shares and we recorded a preliminary pre-tax gain of $121 million during the second quarter of 2020."}
{"sent": "Based on these Federal / Cantonal events, our position is the enactment of Swiss tax reform for U.S. GAAP purposes was met as of September 30, 2019, and we recorded the impacts in the third quarter 2019. The net impact was a benefit of $767 million, which consisted of a $769 million reduction in deferred tax expense from an allowed step-up of intangible assets for tax purposes and remeasurement of our deferred tax balances, partially offset by a $2 million indirect tax impact in selling, general and administrative expenses."}
{"sent": "Within selling, general and administrative expenses, we recorded a $35 million ($26 million net of tax) adjustment related to the discounted withdrawal liability."}
{"sent": "In the second half of the year the negative impacts we experienced from COVID-19, particularly during the second quarter, subsided, resulting in a return to revenue growth across a number of our key markets.\u2013Net revenue increased in 2020, driven by higher net pricing, favorable volume/mix and incremental net revenues from our acquisitions of Give & Go in 2020 and Perfect Snacks in 2019."}
{"sent": "\u2013Net revenue decreased in 2019, driven by the impact of unfavorable currency translation and the impact of the divestiture of most of our cheese business in the Middle East and Africa."}
{"sent": "Net revenues were positively affected by higher net pricing and favorable volume/mix, as well as our acquisitions of Perfect Snacks in 2019 and Tate's Bake Shop in 2018."}
{"sent": "While gum and candy category growth was down due to less on-the-go consumption, the overall snack category continued to grow in 2020, in part due to increased consumer demand for snacks purchases for in-home consumption during the COVID-19 outbreak."}
{"sent": "On July 1, 2018, we began to apply highly inflationary accounting for our Argentinean subsidiaries. As a result, we recorded a remeasurement loss of $9 million in 2020, a remeasurement gain of $4 million in 2019 and a remeasurement loss of $11 million in 2018 within selling, general and administrative expenses related to the revaluation of the Argentinean peso denominated net monetary position over these periods."}
{"sent": "Organic Net Revenue growth was driven by higher net pricing and favorable volume/mix."}
{"sent": "The April 1, 2020 acquisition of Give & Go added incremental net revenues of $390 million and the July 16, 2019 acquisition of a majority interest in Perfect Snacks added incremental net revenues of $55 million in 2020."}
{"sent": "The impact of the May 28, 2019 divestiture of most of our cheese business in the Middle East and Africa resulted in a year-over-year decline in net revenues of $55 million."}
{"sent": "The increase in input costs was driven by higher raw material costs, partially offset by lower manufacturing costs driven by productivity net of incremental COVID-19 related costs."}
{"sent": "Total selling, general and administrative expenses decreased $38 million from 2019, due to a number of factors noted in the table above, including in part, a favorable currency impact related to expenses, favorable change from the resolution of tax matters (a benefit in 2020 as compared to an expense in 2019), lower implementation costs incurred for the Simplify to Grow Program, lapping prior-year value-added tax (\u201cVAT\u201d) related settlements, lapping prior-year CEO transition remuneration and lapping the prior-year divestiture."}
{"sent": "Excluding these factors, selling, general and administrative expenses increased $77 million from 2019. The increase was driven primarily by higher advertising and consumer promotion costs, partially offset by lower overhead spending net of incremental COVID-19 related costs."}
{"sent": "Unfavorable currency changes decreased operating income by $59 million due primarily to the strength of the U.S. dollar relative to most currencies, including the Brazilian real, Russian ruble, Indian rupee, Swiss franc, South African rand and Turkish Lira, partially offset by the strength of several currencies relative to the U.S. dollar, including the euro, Egyptian pound, Philippine peso, British pound sterling and Swedish krona."}
{"sent": "Operating income margin decreased from 14.9% in 2019 to 14.5% in 2020. The decrease in operating income margin was driven primarily by the year-over-year unfavorable change in mark-to-market gains/(losses) from currency and commodity hedging activities, higher intangible asset impairment charges, costs associated with the JDE Peet's transaction, lapping the prior-year gain on a divestiture and lapping the benefit from prior-year pension participation changes, partially offset by the favorable impact from the resolution of tax matters and lower costs for the Simplify to Grow Program."}
{"sent": "Adjusted Operating Income margin increased from 16.5% in 2019 to 16.6% in 2020. The increase in Adjusted Operating Income margin was driven primarily by higher pricing, lower manufacturing costs reflecting productivity net of incremental COVD-19 costs, and selling, general and administrative cost leverage, mostly offset by higher raw material costs.43Table of ContentsNet Earnings and Earnings per Share Attributable to Mondel\u0113z International \u2013 Net earnings attributable to Mondel\u0113z International of $3,555 million decreased by $374 million (9.5%) in 2020."}
{"sent": "Our underlying Organic Net Revenue growth was driven by higher net pricing and favorable volume/mix."}
{"sent": "The increase in input costs was driven by higher raw material costs, partially offset by lower manufacturing costs due to productivity efforts."}
{"sent": "Total selling, general and administrative expenses decreased $339 million from 2018, due to a number of factors noted in the table above, including in part, the lapping of the prior-year impact from pension participation changes, favorable currency impact, the benefit from current-year pension participation changes, favorable change in remeasurement of net monetary position in Argentina (remeasurement gain in 2019 as compared to a remeasurement loss in 2018), the lapping of a prior-year expense from the resolution of a tax matter, lower CEO transition remuneration and lower acquisition-related costs."}
{"sent": "Excluding these factors, selling, general and administrative expenses increased $173 million from 2018. The increase was driven primarily by higher overheads reflecting route-to-market investments and higher advertising and consumer promotion costs."}
{"sent": "Adjusted Operating Income margin decreased from 16.7% in 2018 to 16.5% in 2019. The decrease in Adjusted Operating Income margin was driven primarily by higher raw material costs, mostly offset by higher pricing and lower manufacturing costs."}
{"sent": "Segment operating income decreased $152 million (44.6%), primarily due to higher raw material costs, unfavorable volume/mix, unfavorable currency, higher other selling, general and administrative expenses (net of lapping the expense of VAT-related settlements in 2019) and an unfavorable change in remeasurement of net monetary position in Argentina (remeasurement loss in 2020 as compared to a remeasurement gain in 2019)."}
{"sent": "2019 compared with 2018:Net revenues decreased $184 million (5.7%), due to unfavorable currency (13.5 pp) and unfavorable volume/mix (2.1 pp), partially offset by higher net pricing (9.9 pp)."}
{"sent": "Unfavorable volume/mix was due to the impact of pricing-related elasticity, and was driven by declines in refreshment beverages, candy, cheese & grocery and chocolate, partially offset by gains in biscuits and gum."}
{"sent": "Segment operating income decreased $69 million (16.8%), primarily due to higher raw material costs, unfavorable currency, unfavorable volume/mix, the lapping of the 2018 benefit from the resolution of a Brazilian indirect tax matter of $26 million, higher manufacturing costs and higher other selling, general and administrative expenses (including lapping the benefit from a VAT-related settlement in 2018 and the expense of a VAT-related settlement in 2019)."}
{"sent": "The May 28, 2019 divestiture of most of our cheese business in the Middle East and Africa resulted in a year-over-year decline in net revenues of $55 million."}
{"sent": "Segment operating income increased $130 million (18.8%), primarily due to higher net pricing, lapping prior-year expenses from the resolution of tax matters in India totaling $87 million, lower manufacturing costs (net of incremental COVID-19 related costs), lower other selling, general and administrative expenses, lower intangible asset impairment charges and lower costs incurred for the Simplify to Grow Program."}
{"sent": "2019 compared with 2018:Net revenues increased $41 million (0.7%), due to favorable volume/mix (3.6 pp) and higher net pricing (1.7 pp), mostly offset by unfavorable currency (3.3 pp) and the impact of a divestiture (1.3 pp)."}
{"sent": "The divestiture of most of our cheese business in the Middle East and Africa on May 28, 2019, resulted in a year-over-year decline in net revenues of $71 million."}
{"sent": "Segment operating income decreased $11 million (1.6%), primarily due to higher raw material costs, expenses from the resolution of tax matters in India totaling $87 million, higher advertising and consumer promotion costs, unfavorable currency, higher other selling, general and administrative expenses, the impact of the divestiture and higher intangible asset impairment charges."}
{"sent": "Lower net pricing was driven by biscuits and chocolate, partially offset by higher net pricing in cheese & grocery, candy, gum and refreshment beverages."}
{"sent": "Segment operating income increased $43 million (2.5%), primarily due to favorable volume/mix, lower costs incurred for the Simplify to Grow Program and lower advertising and consumer promotion costs."}
{"sent": "The April 1, 2020 acquisition of Give & Go added incremental net revenues of $390 million and the July 16, 2019 acquisition of a majority interest in Perfect Snacks added net revenues of $55 million in 2020."}
{"sent": "Segment operating income increased $136 million (9.4%), primarily due to favorable volume/mix, higher net pricing and the impact of acquisitions."}
{"sent": "2019 compared with 2018:Net revenues increased $223 million (3.2%), due to higher net pricing (2.3 pp) and the impact of acquisitions (1.3 pp), partially offset by unfavorable currency (0.3 pp) and unfavorable volume/mix (0.1 pp)."}
{"sent": "The July 16, 2019 acquisition of a majority interest in Perfect Snacks added net revenues of $53 million and the June 7, 2018 acquisition of Tate\u2019s Bake Shop added incremental net revenues of $35 million in 2019."}
{"sent": "The decrease in net cash used in financing activities in 2020 relative to 2019 was primarily due to higher net debt issuances and lower share repurchases, partially offset by higher dividends paid and lower proceeds from stock option exercises in 2020."}
{"sent": "The increase in net cash used in financing activities in 2019 relative to 2018 was primarily due to lower net debt issuances and higher dividends paid in 2019, partially offset by lower share repurchases."}
{"sent": "Volume from SMBs grew 14.8% for the year, with growth accelerating in the second half of the year as a result of our investments to improve both time-in-transit and our digital access platform."}
{"sent": "Business-to-business shipments decreased 10% for the year, primarily in our ground products, as many businesses experienced disruption and periods of closure due to the pandemic."}
{"sent": "Residential Ground and SurePost average daily volumes increased by 35% and 39%, respectively for the year, driven by changes in customer mix and the growth in e-commerce activity."}
{"sent": "Overall revenue per piece increased due to changes in base rates, customer and product mix and residential surcharges that went into effect in October 2020, partially offset by declines in fuel surcharges."}
{"sent": "SurePost rates increased effective October 2020.Revenue per piece for our Next Day Air and Deferred products decreased primarily due to shifts in customer and product mix, lower fuel surcharges and a decrease in average billable weight per piece."}
{"sent": "Revenue per piece for our Ground products increased primarily due to the shift in customer mix, with a significant increase in SMB volume, and higher residential surcharges."}
{"sent": "The overall increase in expense was driven by several factors:\u2022Employee compensation and benefit costs increased $5.0 billion, largely resulting from:\u25e6residential volume growth that negatively impacted our delivery density, driving an increase in package delivery stops per day and in average daily miles driven. This drove an increase in average daily union labor hours of 14.1% \u25e6union pay rate increases \u25e6growth in the overall size of the workforce and \u25e6acceleration of certain previously-issued incentive compensation awards for certain non-executive employees that resulted in additional expense of approximately $104 million."}
{"sent": "We also incurred higher employee benefit expenses due to additional headcount, contractual contribution rate increases to union multiemployer plans, and higher service costs for our company-sponsored pension and postretirement plans, primarily driven by lower discount rates used to measure the projected benefit obligations of these plans."}
{"sent": "Business-to-consumer volume increased as the COVID-19 pandemic drove growth in e-commerce."}
{"sent": "Average daily volume growth was driven primarily by strong demand from the retail and technology sectors due to the increase in e-commerce activity."}
{"sent": "In response to market capacity constraints resulting from the COVID-19 pandemic, we implemented surcharges on certain lanes during the year."}
{"sent": "Excluding the impact of currency, revenue per piece decreased 0.5%.Domestic revenue per piece increased 2.2% due to changes in customer and product mix, demand surcharges and currency movements that were partially offset by a decline in fuel surcharges."}
{"sent": "Excluding the impact of currency, revenue per piece increased 1.2%.Export revenue per piece decreased 2.0% primarily due to a decline in fuel surcharges that were partially offset by changes in demand surcharges."}
{"sent": "Pickup and delivery costs increased $540 million due to volume growth and an increase in residential deliveries that drove additional third-party pickup and delivery expense."}
{"sent": "Ocean freight forwarding revenue increased due to Asia-export volume growth in the second half of the year."}
{"sent": "Higher demand, together with capacity constraints in the truckload brokerage market, drove rate increases."}
{"sent": "In the healthcare sector, we experienced growth in demand for our healthcare logistics and distribution solutions, partly driven by the impacts of the COVID-19 pandemic.UPS Freight revenue declined due to volume and tonnage declines in our LTL business driven by overall market conditions, as well as volume optimization initiatives that resulted in an increase in revenue per hundredweight."}
{"sent": "Revenue from the other businesses within the segment increased, driven by growth within UPS Customer Solutions, as well as additional volume from service contracts with the U.S."}
{"sent": "Total operating expenses for the segment, and operating expenses excluding the year over year impact of restructuring and other costs, increased in 2020.Forwarding operating expenses increased $1.1 billion, largely due to higher market rates and additional charter flights out of Asia which increased purchased transportation expense for international air freight."}
{"sent": "In truckload brokerage, volume growth and higher market rates also contributed to the increase in purchased transportation expense."}
{"sent": "Other expenses decreased slightly as a result of ongoing cost management initiatives."}
{"sent": "Logistics operating expenses increased $582 million, driven by higher purchased transportation expense in mail services as a result of volume growth and carrier rate increases, as well as volume growth in the healthcare sector."}
{"sent": "UPS Freight operating expenses increased $607 million, due primarily to an impairment charge of $686 million in respect of goodwill and assets held for sale as a result of entering into an agreement to divest our UPS Freight business."}
{"sent": "Domestic labor costs increased as a result of residential volume growth, driving a 21.5% increase in package delivery stops per day. This drove additional headcount and an increase in average daily union hours of 14.1%."}
{"sent": "Contractual union wage increases also contributed to the increase in compensation for hourly employees."}
{"sent": "Higher service costs for company-sponsored plans were driven by a reduction in discount rates and an increase in participating employees."}
{"sent": "Expected returns on plan assets increased as a result of a higher asset base due to positive asset returns in 2019 and discretionary contributions made in 2020."}
{"sent": "Pension interest cost decreased due to the impact of lower year end discount rates, partially offset by ongoing plan growth and an increase in the projected benefit obligation as a result of the 2019 year end measurement of our plans."}
{"sent": "Investment income decreased due to lower yields on higher average invested asset balances and impairments of certain non-current investments, partially offset by foreign currency gains."}
{"sent": "Interest Expense2020 compared to 2019Interest expense increased as a result of higher average outstanding debt balances and lower capitalization of interest, partially offset by lower effective interest rates on floating rate debt and commercial paper balances."}
{"sent": "The increase in cash used was driven by changes in the vesting schedule for certain of our awards."}
{"sent": "Our Decorative Architectural Products segment operating profit benefited primarily from higher sales volume mostly due to paints and other coating products, as well as cost savings initiatives, including actions taken to mitigate the COVID-19 pandemic impact."}
{"sent": "On September 29, 2020, proceeds from the debt issuances were used to repay and early retire $400 million of our 3.5% Notes due April 1, 2021. In connection with this early retirement, we incurred a loss on debt extinguishment of $6 million, which was recorded as interest expense in our consolidated statement of operations."}
{"sent": "On December 19, 2019, we redeemed and retired $201 million of our 7.125% Notes due March 15, 2020. In connection with this early retirement, we incurred a loss on debt extinguishment of $2 million, which was recorded as interest expense in our consolidated statement of operations."}
{"sent": "In September 2019, our Board of Directors authorized the repurchase, for retirement, of up to $2.0 billion of shares of our common stock in open-market transactions or otherwise. During 2020, we repurchased and retired 18.8 million shares of our common stock (including 0.4 million shares to offset the dilutive impact of restricted stock units granted during the year), for approximately $727 million."}
{"sent": "Our Board of Directors authorized the repurchase, for retirement, of up to $2.0 billion shares of our common stock in open-market transactions or otherwise, effective February 10, 2021, replacing the 2019 authorization. During 2019, we repurchased and retired 20.1 million shares of our common stock (including 0.6 million shares to offset the dilutive impact of long-term stock awards granted in 2019), for approximately $896 million."}
{"sent": "Additionally, operating profit was positively impacted by the non-recurrence of a 2019 non-cash impairment charge related to an other indefinite-lived intangible asset for a trademark associated with lighting products."}
{"sent": "On November 6, 2019, we completed the divestiture of our Milgard Windows and Doors business (Milgard), a manufacturer and distributor of windows and doors for proceeds of approximately $720 million, net of cash disposed. In connection with the sale, we recognized a gain on the divestiture of $368 million for the year ended December 31, 2019, which is included in income from discontinued operations, net in the consolidated statement of operations."}
{"sent": "All post-closing adjustments related to our divestiture of Milgard were finalized with the buyer in the second quarter of 2020.On November 14, 2019, we entered into a definitive agreement to sell Masco Cabinetry LLC (Cabinetry), a manufacturer of cabinetry products. We completed the divestiture of Cabinetry on February 18, 2020 for proceeds of approximately $989 million, including $853 million, net of cash disposed."}
{"sent": "As a result of our 2020 acquisitions, other indefinite-lived intangible assets increased by $32 million as of the acquisition dates."}
{"sent": "On September 29, 2020, proceeds from the debt issuances were used to repay and early retire $400 million of our 3.5% Notes due April 1, 2021. In connection with this early retirement, we incurred a loss on debt extinguishment of $6 million, which was recorded as interest expense in our consolidated statement of operations."}
{"sent": "On December 19, 2019, proceeds from the UKWG and Milgard divestitures were used to repay and early retire $201 million of our 7.125% Notes due March 15, 2020. In connection with this early retirement, we incurred a loss on debt extinguishment of $2 million for the year ended December 31, 2019, which was recorded as interest expense in our consolidated statement of operations."}
{"sent": "At December 31, 2020, there was $7 million of unrecognized compensation expense related to unvested restricted stock units such units had a weighted average remaining vesting period of two years.Performance Restricted Stock Units."}
{"sent": "In addition, as of March 31, 2018, we adopted ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. As a result of the adoption, we reclassified $59 million of the disproportionate tax benefit related to various defined-benefit plans from accumulated other comprehensive loss to retained earnings (deficit).Q."}
{"sent": "The deferred portion of the state and local taxes includes a $1 million tax benefit in 2019 and 2018, resulting from changes in valuation allowances against state and local deferred tax assets."}
{"sent": "The deferred portion of the foreign taxes includes a $5 million, $4 million and $2 million tax benefit in 2020, 2019 and 2018, respectively, from a change in the valuation allowances against foreign deferred tax assets."}