Highlights: February 4 - February 7, 2019
Staff Writer | February 11, 2019
The most interesting business stories that marked the last week.
Article continues below
BBVA Compass Bancshares reported net income of $196 million for the fourth quarter of 2018, a 276 percent increase from the $52 million earned during the fourth quarter of 2017....
Northeast Indiana Bancorp, the parent company of First Federal Savings Bank, announced earnings increased $754,000 or 22.1% to $4.2 million ($3.49 per diluted common share) for the full year 2018 when compared to full year 2017 earnings of $3.4 million ($2.84 per diluted common share)....
Dominion Energy announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (reported earnings) for the three months ended Dec. 31, 2018 of $641 million ($0.97 per share) compared with earnings of $1.3 billion ($2.04 per share) for the same period in 2017....
Julius Baer reported that its full year 2018 IFRS net profit attributable to shareholders grew by 4% to 735 million Swiss francs and IFRS earnings per share rose by 4% to 3.37 francs....
There were 33.8 million guest nights in Norwegian accommodation establishments in 2018. This is 1.5 percent more than in 2017, making 2018 the 5th record-breaking year in a row....
BP's profit doubled to $12.7 billion (£9.7 billion) in 2018, driven by strong growth in oil and gas output following the acquisition of a large portfolio of U.S. shale assets....
Rosneft 12? 2018 revenue boosted by more than 1.4 times YoY up to RUB 8,238 bn (USD 133.7 bn) mainly due to favorable world price dynamics (+41.2% in RUB terms and 31.4% in USD terms) and growth of equity share in profits of the Russian and international projects (+44% YoY)....
General Motors is in talks to invest 9 billion reais ($2.5 billion) in the Brazilian state of Sao Paulo over the next three years in return for tax incentives, Valor Economico has reported....
Archer-Daniels-Midland (ADM) released earnings for fourth quarter that dropped from the same period last year....
ExxonMobil and partner Qatar Petroleum said today they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas. Construction will begin in the first quarter of 2019 and the facility is expected to start up in 2024....
General Motors reported a profit for the fourth quarter, compared to a loss in the year-ago period that included a non-cash charge related to the U.S. tax reform....
Sanofi reported that its fourth-quarter IFRS net income attributable to equity holders doubled to 254 million euros from 126 million euros last year....
Consumer confidence in Mexico jumped 32.8 percent in January compared to the same period in 2018, driven by greater optimism about the future of the economy, the national statistics institute (Inegi) said on Wednesday....
Twitter reported a profit for the fourth quarter that more than doubled from last year....
SunTrust Banks and BB&T Corporation announced that both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion.... â– What to read next
Lomar Shipping, a maritime subsidiary of Libra Group, has acquired the Bremen, Germany-based Carl BÃ¼ttner Holding.
Latest Pfizer completes $11.6bn acquisition of Biohaven Pharmaceuticals
United Airlines suspends service to New York JFK
Companies increasingly pessimistic about Swiss economy
EU antitrust watchdog in talks with Germany over 200 bln euro support plan
Indiana AG: Make sure your social media accounts are safe after you die
U.S.: Variety of weather hazards to start off the week
Hurricane Orlene expected to hit Mexico
Russian nuclear submarine disappeared from NATO radars
Swedish Coast Guard issues update on gas leaks in Baltics
Worldâ€™s tallest timber apartment tower to be built in Zanzibar
950,000 Singaporean households to get rebate for up to 10 months of bills
Seven vessels with foodstuffs leave Ukrainian ports
Site of UKâ€™s first fusion energy plant selected
AG Ferguson: Half-billion dollars to fight opioid epidemic will start flowing December 1
U.S. Treasury takes additional sanctions actions across Bosnia and Herzegovina
Libya, TÃ¼rkiye sign MoU for oil, gas cooperation
Commission approves â‚¬800 million Greek scheme to support non-household electricity consumers
Commission approves â‚¬134 million German measure to support BASF in production of renewable hydrogen
North Dakota Governor leads trade and investment mission to Japan
Today We Recommend Highlights
Cambrex announces stability storage expansions in Ireland and Belgium
Excelerate Energy finalizes agreement with Hyundai Heavy Industries for for floating regasification and storage unit
LyondellBasell starts production at its Frankfurt site
Alfa Laval signs global partnership agreement with Spirax Sarco
Duke Energy commits $250,000 to support Hurricane Ian relief efforts
Kimberly Nelson named president of Kemin Nutrisurance
Discovery Life Sciences appoints Suso J. Platero as chief scientific officer
Sandeep Johri joins LambdaTest board
Skyresponse appoints Mats Berthem as new CEO
Phathom Pharmaceuticals appoints James Toppe to board
Manufacturing PMI at 50.9% September
PwC expects remainder of 2022 and 2023 to be challenging
Turkish inflation rate hits 24-year high of 83%
Japan consumer confidence deteriorates but remains in positive territory in September
Poland inflation comes in at highest level since February 1997 in September
AllianceBernstein's fund net assets 377,335,035
CarMax Q2 revenues $8.1 billion
Rite Aid Q2 net loss $331.3 million
NIKE Q1 2023 revenues $12.7 billion
Morrisons Q3 revenue up 4.5%
Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
Oregon: HPAI confirmed in Douglas County backyard flock
Russia: Over 23 thousand tons of grain, processing products sent for export from Primorye
Netherlands to cull around 102,000 chickens to contain bird flu
Rosselkhoznadzor found about 73 tons of infected vegetables and fruits in Dagestan
Farmers in Guyana to training to improve and sustain their incomes
Cybervetting can have pronounced impact on workforce by broadening discrimination
Female managers pay fairer
Pitch quality of CEO voices rests entirely on gender
Employee turnover costs more than you think
51% of supply chain leaders increased number of network locations
SEC charges two Canadian programmers for GlobeNewswire with insider trading
Barclays agrees to $361 million settlement to resolve SEC charges relating to over-issuances of securities
Justice department announces total distribution of over $4 billion to victims of Madoff Ponzi Scheme
Bank of Ireland fined EUR100.5 million over tracker mortgage dispute
11 financial institutions to pay over $710m for recordkeeping and supervision failures, unapproved communication
All New Zealand fans of all things home and garden are welcome to Hamilton
Sanctuary Cap Cana opens in Dominican Republic
Skate with Olympic star Patrick Chan at Vancouver rinks
Annual Peanut Festival in Aubrey, Tx. is celebration of past and joy of present
Anantara Grand Hotel Krasnapolsky Amsterdam opens
Caterham Super Sevens, true joy of ride
New Ford Mustang brings digital cockpit, new engines and style
Ram 1500 Limited Elite Edition joins lineup for 2023
2023 GMC Canyon AT4X, new midsize truck
Shelby Code Red, $210,000+ to upgrade your Ford Mustang
Tecnografica wallcoverings from the land of ceramic
Poliform, kitchens for extraordinary homes
Luxury vinyl tiles, ideal combination of everything
LED lamps, long-lasting light for every space in your home
Clean and luxurious men's watches
Leica S3, made in Germany for great pictures
Sennheiser HD 300 PROtect, pro headphones that protect your ears
HP Dragonfly Folio G3, very very good laptop for business users
Nokia PureBook Fold and PureBook Lite, flexibility and stylish design
Tascam 202MKVII, professional dual cassette deck
FDA approves Taiho's LYTGOBI (futibatinib) tablets
New recommendations for terlipressin-containing medicines in treatment of hepatorenal syndrome
Singapore authorises Pfizer COVID-19 vaccine for children aged 6 months through 4 years
Russiaâ€™s Vector Center developing mRNA coronavirus vaccine
Shionogi says COVID pill resolves Omicron symptoms faster
Swedish scientist Svante PÃ¤Ã¤bo wins Nobel Prize in medicine for discoveries on human evolution
First probable impact crater discovered in Spain
New evidence for liquid water beneath south polar ice cap of Mars
Potential first traces of the universe's earliest stars
New archaeology dives into mysterious demise of Neanderthals