Latest News for: Profits warnings

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Blue Prism gives shareholders scare

The Times/The Sunday Times 18 May 2021
Investors in Blue Prism took fright yesterday after the developer of automation software warned that its sales would ... The profit warning marks a further tempering.
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Pressure mounts on Coalition to overhaul corporate tax rules

The Irish Times 18 May 2021
‘Excessive attraction’ to invest in Ireland for tax reasons – former US treasury secretary Half of State’s corporate tax receipts could be wiped out, warns IMF French and German support for corporate tax reform underlines pressure on Ireland ... IMF warning.
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US rail industry defends safety record amid staffing cuts

Rio Rancho Observer 18 May 2021
OMAHA, Neb. — Even as railroads are operating longer and longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters ... railroads later copied ... ADVERTISEMENTSkip. .
photo: AP / Shizuo Kambayashi
SoftBank Group Corp. Chief Executive Officer Masayoshi Son speaks during a SoftBank World presentation at a hotel in Tokyo, Thursday, July 20, 2017.
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SoftBank beats Japanese record for annual net profit

The Jordan Times 17 May 2021
TOKYO — Investment giant Softbank Group on Wednesday reported the best ever annual net profit for a Japanese company, reaping the rewards of tech share rallies to recover from last year's record loss ... The yearly figure tops Japan's previous record held by Toyota and places SoftBank among the world's most profitable companies.
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Dubai's hotels and restaurants predict summer boom as Covid-19 rules eased

The National 17 May 2021
Officials warned the one-month trial would remain under review. For many premises the decision marks the difference between profit and loss after strict rules in January cut capacity across the industry ... That's the difference between going from break-even to making a profit.
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“Planned Obsolescence”: The Push for Big Pharma’s Booster Covid Shots and Annual Vaccinations

GlobalResearch 17 May 2021
It is the deliberate shortening of a lifespan of a product to force people to purchase functional replacements.” What is revealing is how this can be described as a business model of Big Pharma’s pursuit of profits. ... The Covid-19 Experimental Shot is Profitable ... The awards are for the ”worst examples of profiteering and dysfunction in health care”.
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Ryanair to tap bond markets as it reports €815m loss

The Irish Times 17 May 2021
Ryanair said it was impossible to give a formal profit outlook for the year, but added that it “cautiously believed that the likely outcome for FY22 is currently close to breakeven” if the EU vaccine rollout remains on track ... profitable for our 35-year history,” Mr O’Leary said.
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Railroad safety record challenged amid job cuts

NWA Online 17 May 2021
-- Even as railroads are operating longer and longer ...
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Rail Industry Defends Safety Record Amid Staffing Cuts

TT News 17 May 2021
— Even as railroads are operating longer freight ...
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Avalanche Canada to get $10 million-boost from the province

Canada Dot Com 17 May 2021
A non-profit group that monitors backcountry snow conditions to warn skiers and snowboarders about avalanche risk will ...
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ANALYSIS-In world’s top copper region political risk rises

Mining Dot Com 17 May 2021
Peruvian presidential front-runner Pedro Castillo has pledged to keep 70% of mining profits in the country and stop foreign firms’ “plundering”, and has warned he could nationalize some resources ... He warned earlier in May the bill would be a vote in favor of “no more mining”.
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Analysis: In world's top copper region political risk rises

Reuters 17 May 2021
Peruvian presidential front-runner Pedro Castillo has pledged to keep 70% of mining profits in the country and stop foreign firms' "plundering", and has warned he could nationalize some resources ... He warned earlier in May the bill would be a vote in favor of "no more mining".
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As chip shortage goes on, cars are scarce and prices are up

The Holland Sentinel 17 May 2021
GM and others have resorted to halting production of some cars and smaller SUVs and diverting computer chips to higher-profit pickup trucks and large SUVs. Leading automakers are warning of diminished earnings ... Yet so far, automakers have been earning big profits even with a ...
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Railroad industry defends safety record amid staffing cuts

Capital Press 17 May 2021
(AP) — Even as railroads are operating longer and longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters.
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The global economy is suddenly running low on everything

Live Mint 17 May 2021
MORE FROM THIS SECTIONSee All. Premium Premium Rising covid spends, fuel prices online delivery to crowd out consumer demand, warns SBI report. 3 min read ... Unless companies pass that cost along to consumers and boost productivity, it'll eat into their profit margins. A growing chorus of observers are warning that inflation is bound to quicken ... .
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