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Corporate :: Profits

Whataburger pledges to keep employees paid following Liberty restaurant fire

chron.com

Whataburger pledges to keep employees paid following Liberty restaurant fire

- Employees of the Liberty Whataburger, which was destroyed by fire on May 31, may continue to be paid their average salary by working at one of several pre-approved non-profits in the Liberty area, according to Whataburger officials. Construction of a new restaurant is expected to take five months. During that time, employees can volunteer at the non-profits and Whataburger will continue their paychecks, said William Tamminga, president of BurgerWorks Texas LLC, owner of the Liberty Whataburger

Categories: Business | 
Tags: Corporate |  Enterprises |  Profits | 
Places: Americas |  North America |  United States |  South |  Southcentral US |  Texas | 

OracleVoice: How IoT Helps Lochbridge Drive Customer Loyalty And Profitability

oracle.com

OracleVoice: How IoT Helps Lochbridge Drive Customer Loyalty And Profitability

- Detroit, Michigan-based technology consulting and services provider Lochbridge has a long history of involvement with the Internet of Things: In the 1990s, the company helped a leading automotive manufacturer pioneer its connected-car offering by helping to develop the product’s service-delivery platform. Now, Lochbridge CEO Romil Bahl plans to build on that expertise to fuel aggressive growth: the goal is to double the company’s revenue by 2020, while delivering a return on investment of at least 400% to its customers

Categories: Business |  Technology | 
Places: Detroit |  Wayne |  Michigan |  East |  Midwest |  United States |  North America |  Americas | 

Qatar Airways profits $540 million, braces for Gulf crisis

richmond.com

Qatar Airways profits $540 million, braces for Gulf crisis

- DUBAI, United Arab Emirates (AP) — Qatar Airways announced on Sunday its net profits rose to $540 million in its latest financial disclosure before the airline took a hit and was blocked from flying to major Arab states. The carrier, which marks its 20th anniversary this year and is one of the Middle East's biggest airlines, said revenue rose last year from $9

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Tags: Corporate |  Enterprises |  Profits | 
Places: United States |  Asia |  Mideast |  Qatar |  United Arab Emirates | 

Navistar posts second-quarter loss

channelnewsasia.com

Navistar posts second-quarter loss

- REUTERS: U.S. truck maker Navistar International Corp posted a second-quarter loss compared with a year-ago profit. Net loss attributable to the company was US$80 million, or 86 cents per share, in the second quarter ended April 30, compared with a profit of US$4 million, or 5 cents per share, a year earlier. (http://bit.ly/2sS8OuI) Revenue fell to US$2.10 billion from US$2.20 billion

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Tags: Corporate |  Enterprises |  Profits | 
Places: United States |  Singapore | 

Macy's warns about profit margins, sending shares lower

abcnews.com

Macy's warns about profit margins, sending shares lower

- Macy's has warned investors that its profit margins would keep shrinking this year, sending shares in the chain tumbling more than 8 percent and affecting other department store stocks. Randal J. Konik, a stock analyst at Jefferies, said the struggling department store chain told analysts at an investor meeting Tuesday that its gross profit margin could be 0.6 percent to 0

Categories: Business | 
Tags: Corporate |  Enterprises |  Finance |  Investments |  Investors |  Profits | 
Places: Americas |  North America |  United States | 

CenterPoint wins rate hikes even as profits rise past state cap

chron.com

CenterPoint wins rate hikes even as profits rise past state cap

- CenterPoint Energy. 's gas utility earned profits that were hundreds of thousands of dollars above the cap set by state regulations in 2015. But that didn't stop the company from asking last year - and getting - higher rates to collect even more money from its Houston-area customers. It wasn't the first time, either. CenterPoint earned above the approved level in 2013 and 2014, too, and both times the Railroad Commission, which regulates gas utilities, allowed the company to raise rates with few questions asked

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Tags: Corporate |  Enterprises |  Profits | 
Places: Americas |  North America |  United States |  South |  Southcentral US |  Texas | 

Herbalife raises profit forecast, tops key FTC threshold

channelnewsasia.com

Herbalife raises profit forecast, tops key FTC threshold

- REUTERS: Nutritional supplement maker Herbalife Ltd on Sunday raised its current-quarter adjusted profit forecast and said it exceeded a key threshold under its agreement with the U.S. Federal Trade Commission. Herbalife now expects adjusted profit of 95 cents-US$1.15 per share in the second quarter ending June 30, compared to the 88 cents-US$1.08 per share it expected earlier. However, the company said it expected sales to fall by 6-2 percent due to the transition to the new FTC rules in the U

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Tags: Corporate |  Enterprises |  Profits | 
Places: United States |  Singapore | 

How to Increase Profits by Focusing on the Needs of Customers

entrepreneur.com

How to Increase Profits by Focusing on the Needs of Customers

- "Growing a small business is hard. If it were easy, everyone would have a business,” says Tom Tarasiuk, who knows firsthand the difficulties that small businesses go through when they try to succeed at online marketing. As president and owner of Discount Water Softeners, Tarasiuk has helped his company streamline its efforts to provide an outstanding user experience and increase sales

Categories: Business | 
Places: Americas |  North America |  United States | 

Discomforts in the air start with Wall Street’s push for profit

seattletimes.com

Discomforts in the air start with Wall Street’s push for profit

- When an unlucky passenger was violently dragged off a full United Airlines flight in Chicago in April, setting off a public-relations nightmare for the company, the blame naturally fell on the cabin crew, police and eventually airline executives. But ultimately, the episode was set in motion elsewhere — on Wall Street. Relentless pressure on corporate America is creating an increasingly Dickensian experience for many consumers as companies focus on maximizing profit

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Tags: Corporate |  Enterprises |  Profits | 
Places: North America |  United States | 

First-quarter profits rise for Wisconsin banks

madison.com

First-quarter profits rise for Wisconsin banks

- Wisconsin banks reported higher profits and lower loan losses in the first quarter of 2017 compared with the same period last year. The 221 Wisconsin-based financial institutions insured by the Federal Deposit Insurance Corp. earned a total of $280 million in the three months that ended March 31, up 5.6 percent from combined earnings of $265 million for the 2016 first quarter

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Places: Americas |  North America |  United States |  Midwest |  East |  Wisconsin | 

For-profit college graduates earn less and owe more, report says

cleveland.com

For-profit college graduates earn less and owe more, report says

- CLEVELAND, Ohio - Students who attend for-profit colleges earn less and have more debt, according to a new report from Policy Matters Ohio. More state oversight is needed and Ohio needs to restrict funding, the report said. Last year Ohio spent more than $7.3 million on financial aid for students at for-profit schools, the report said. New data show their students often do not earn enough to support themselves, let alone repay student debt, the report says

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Tags: Corporate |  Enterprises |  Profits | 
Places: Americas |  North America |  United States |  Midwest |  East |  Ohio |  Cleveland | 

Best Buy beats on profit, comparable sales; shares jump

channelnewsasia.com

Best Buy beats on profit, comparable sales; shares jump

- CHICAGO: Best Buy Co Inc, the No. 1 U.S. electronics retailer, reported an unexpected rise in first-quarter comparable sales on Thursday, helped by demand for gaming and mobile products. The company also said it expects second-quarter comparable sales to grow 1.5-2.5 percent. Shares of the retailer jumped 11.3 percent in premarket trading. Richfield, Minnesota-based Best Buy said sales at stores open for more than a year rose 1

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Tags: Profits |  Sales |  Retail Markets |  Markets |  Corporate |  Enterprises |  Shopping |  Consumers | 
Places: Chicago |  Cook |  Chicago Metro |  North |  Illinois |  East |  Midwest |  United States |  Singapore | 

Despite vow, Trump Organization not tracking all profits from foreign governments

yahoo.com

Despite vow, Trump Organization not tracking all profits from foreign governments

- By Julia Harte. WASHINGTON (Reuters) - President Donald Trump's businesses say it would be "impractical" to require customers representing foreign nations to identify themselves, raising questions about how Trump will fulfill a pledge to donate all profits from overseas governments to the U.S. Treasury. The umbrella Trump Organization sent a pamphlet to the general managers at each hotel, golf course, social club, and winery owned or operated by Trump, saying it would only donate profits from guests who declare they represent foreign governments

Categories: Politics & Government |  Business | 
Places: Americas |  North America |  United States | 

VBSR conference enjoys record attendance

vermontbiz.com/

VBSR conference enjoys record attendance

- Vermont Business Magazine A record-breaking crowd attended Vermont Businesses for Social Responsibility’s (VBSR) 27th Annual Spring Conference on Wednesday, May 17th. Nearly 340 Vermont business and nonprofit leaders joined state officials and out-of-state guests for the event at the University of Vermont’s Davis Center in Burlington. The gathering was designed to help support business practices that value not only profit, but people and planet as well

Categories: Business | 
Tags: Corporate |  Enterprises |  Profits | 
Places: Americas |  North America |  United States |  Northeast |  New England |  Vermont | 

Wal-Mart tops 1Q profit forecasts.

abcnews.com

Wal-Mart tops 1Q profit forecasts.

- Wal-Mart Stores Inc. is reporting fiscal first-quarter earnings of $3.04 billion. On a per-share basis, the Bentonville, Arkansas-based company said it had profit of $1. The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share. The world's largest retailer posted revenue of $117.54 billion in the period, missing Street forecasts

Categories: Business | 
Tags: Profits |  Earnings |  Corporate |  Enterprises | 
Places: United States |  North America |  Americas |  Arkansas |  Southcentral US |  South |  Bentonville |  Benton | 

Target reimagines itself and Wall Street likes what it sees

aurorasentinel.com

Target reimagines itself and Wall Street likes what it sees

- NEW YORK | Target’s first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction. Comparable-store sales fell for the fourth consecutive quarter, but the decline was nowhere near as bad as expected and online sales surged 22 percent. While growing online sales and rising profits pushed shares up more than 8 percent before the opening bell Wednesday, CEO Brian Cornell still needs to find a way to thrive in the face of intense pressure Amazon

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Tags: Corporate |  Enterprises |  Profits |  Sales | 
Places: Americas |  North America |  United States |  West |  Mountain |  Colorado | 

Profit, loss  for discount  retailer TJX

bostonherald.com

Profit, loss for discount retailer TJX

- TJX Cos. Inc. took a rare hit yesterday despite strong first-quarter profit, after the Framingham owner of the T.J. Maxx, Marshalls and HomeGoods chains forecast a weaker-than-expected outlook and posted its slowest same-store sales growth in 10-plus quarters. Shares of the off-price retailer — long a top performer in brick-and-mortar retail — fell 4.02 percent to $73.81 after dropping 5.1 percent

Categories: Business | 
Tags: Markets |  Corporate |  Enterprises |  Profits |  Retail Markets | 
Places: Americas |  North America |  United States | 

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Minuteman Health coop to close, reopen as for-profit insurer
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Whataburger pledges to keep employees paid following Liberty restaurant fire
Whataburger pledges to keep employees paid following Liberty restaurant fire Employees of the Liberty Whataburger, which was destroyed by fire on May 31, may continue to be paid their average salary by working at one of several pre-approved non-profits in the Liberty area, according to Whataburger officials. Construction of a new restaurant is expected to take five months. During that time, employees can volunteer at the non-profits and Whataburger will continue their paychecks, said William Tamminga, president of BurgerWorks Texas LLC, owner of the Liberty Whataburger   Read More ...
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Recruiter SThree's profit rises on hiring in continental Europe, U.S.
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Qatar Airways profits $540 million, braces for Gulf crisis
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Qatar Airways profits hit $540 million before Gulf crisis
DUBAI, United Arab Emirates (AP) — Qatar Airways says its net profits rose to $540 million in its latest financial disclosure before the airline took a hit and was blocked from flying to major Arab states. The 20-year-old carrier, one of the Middle East's biggest, announced Sunday its revenue rose by $1 billion from $9.6 billion last year to $10.6 billion in the fiscal year ending March 31   Read More ...
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Navistar posts second-quarter loss
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Macy's warns about profit margins, sending shares lower
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CenterPoint wins rate hikes even as profits rise past state cap
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Global airlines raise profit outlook, focus on emissions
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Prices drop as profit booked from previous session gains
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Herbalife raises profit forecast, tops key FTC threshold
Herbalife raises profit forecast, tops key FTC threshold REUTERS: Nutritional supplement maker Herbalife Ltd on Sunday raised its current-quarter adjusted profit forecast and said it exceeded a key threshold under its agreement with the U.S. Federal Trade Commission. Herbalife now expects adjusted profit of 95 cents-US$1.15 per share in the second quarter ending June 30, compared to the 88 cents-US$1.08 per share it expected earlier. However, the company said it expected sales to fall by 6-2 percent due to the transition to the new FTC rules in the U   Read More ...
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Mary Barra shapes a new GM: Fast, focused and decisive
Mary Barra shapes a new GM: Fast, focused and decisive Race to be the biggest automaker gives way to concentration on customers, value profit Buy Photo. Story Highlights "The goal is to sell fewer vehicles and make more money. It’s a new GM.” Michelle Krebs, Autotrader Low-profit operations are disposable as GM concentrates on its strengths "We don't win until our customer says we win." GM chairman and CEO Mary Barra, Mary Barra has only been chairman and CEO of General Motors for 3½ years, but the company she leads today is vastly different from the one she inherited: more decisive, focused, responsive and responsible   Read More ...
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Lululemon and Realty Income rise while RH and Tegna tumble
Stocks that moved substantially or traded heavily on Friday: RH Inc., down $14.71 to $42.54 The furniture and housewares company reported weak earnings and lowered its annual profit forecast. The chipmaker had a better fiscal second quarter than analysts expected. Lululemon Athletica Inc., up $5.62 to $54.29 The athletic apparel company's profit and sales surpassed Wall Street estimates. It also plans to close most of its Ivivva stores   Read More ...
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Cramer's game plan: Profits push the market past federal news
Cramer's game plan: Profits push the market past federal news Despite the Labor Department's Friday jobs report missing estimates, the market still went higher, telling Jim Cramer that Wall Street is really only interested in one key factor. "It's the same story that we've seen all year, the same one I've been coming with the same one I've been telling you: it's about profits," the "Mad Money" host said. "Yep, corporate earnings have been so positive in 2017 that investors are reluctant to sell because from an asset class perspective, stocks are pretty much the only decent game in town, unless you think that 10-year Treasurys yielding 2 percent are a good place to put some money   Read More ...
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Lululemon jumps 15 percent after results top forecasts
Lululemon jumps 15 percent after results top forecasts Lululemon Athletica Inc. on Thursday reported fiscal first-quarter profit of $31.2 million. Shares of the company jumped 15 percent after hours, as Lululemon's results showed resilience through the athleisure slump. The Vancouver, British Columbia-based company said it had profit of 23 cents per share. Earnings, adjusted for asset impairment costs, were 32 cents per share. The results surpassed Wall Street expectations   Read More ...
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UPDATE 1-Saputo profit climbs after dairy absorbs plant closure costs
Saputo Inc, one of Canada's largest dairy producers, reported higher quarterly earnings on Thursday, after the company incurred costs associated with plant closures in the same period a year earlier. For its fiscal fourth quarter, net income rose 17 percent to C$165 million, or 42 Canadian cents a share, from C$141 million, or 36 Canadian cents, a year earlier. Revenue during the quarter, which ended March 31, eased 0   Read More ...
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BRIEF-Dollar General on conf call- Expect acquisition of 322 stores to be modestly accretive to 2017 sales, profit
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Self-driving car tech firm Mobileye first-quarter profit, revenue jump
JERUSALEM Mobileye (MBLY.N), a maker of driverless vehicle technologies, reported a jump in quarterly profit that topped estimates, boosted by higher sales of its advanced driver assisted systems. The Israeli-based company, which is in the process of being acquired by Intel Corp (INTC.O), said on Thursday it earned 25 cents per diluted share excluding one-time items in the first quarter, up from 15 cents a share a year earlier   Read More ...
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Britain's FirstGroup reports 23 pct profit jump but outlook knocks shares
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