Highlights: February 8, 2021 - February 12, 2021
Christian Fernsby | ▼ February 15, 2021
Events of the last week.
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Northeast Indiana Bancorp, the parent company of First Federal Savings Bank, announced earnings increased $914,000 or 19.5% to $5.6 million ($4.65 per diluted common share) for the full year 2020 when compared to full year 2019 earnings of $4.7 million ($3.91 per diluted common share)....
Exports from Britain to the European Union fell by 68% in January....
Renesas Electronics Corporation and Dialog Semiconductor today announced they have reached an agreement on the terms of a recommended all-cash acquisition by Renesas of the entire issued and to be issued share capital of Dialog for EUR 67.50 per share, representing a total equity value of approximately EUR 4.9 billion (approximately 615.7 billion yen)....
Taiwan's exports rose in January for the seventh consecutive month with the strong pace setting a new record....
KB Autosys will invest $38 million in opening their first U.S. advanced manufacturing facility in Georgia. ...
Total reported that its fourth quarter net income group share declined 66 percent to $891 million from last year's $2.60 billion....
Bell announced it will rapidly expand its broadband fibre and wireless networks in Canada with a $1 billion to $1.2 billion acceleration in capital expenditures over the next 2 years....
Centene Corporation announced its financial results for the fourth quarter and year ended December 31, 2020, reporting diluted (loss) earnings per share (EPS) of $(0.02) and $3.12, respectively, and Adjusted diluted EPS of $0.46 and $5.00, respectively....
Nissan Motor Co. reported a 37.8 billion yen ($360 million) loss for October-December, bigger than the 26 billion yen loss racked up the previous year....
The Indian prime minister pledged on Tuesday that his government will provide $236 million to construct a dam in the outskirts of the Afghan capital Kabul....
Societe Generale reported Wednesday that its fourth-quarter Group net income declined 28.1 percent to 470 million euros from last year's 654 million euros....
A.P. Moller - Maersk grew underlying earnings before interest, tax, depreciation and amortisation (EBITDA) 44 pct. to USD 8.2bn and revenue grew to USD 39.7bn in 2020 compared to USD 38.9bn last year....
General Motors reported fourth quarter adjusted profit per share of $1.93 compared to $0.05, prior year....
AstraZeneca reported Thursday that its fourth quarter profit before tax was $1.17 billion, significantly higher than last year's $240 million....
Kraft Heinz has agreed to sell its Planters peanuts and snacks business to Hormel Foods for $3.35bn....
Governor Tom Wolf announced that BNP Paribas is expanding its presence in southeastern Pennsylvania. ...
Gilead Sciences, Inc. has selected North Carolina's Research Triangle region as the location for a major business services and information technology hub, creating 275 jobs, Governor Roy Cooper announced....
Virginia Governor Ralph Northam announced that Vytal Studios will invest $6.8 million to relocate its corporate headquarters from Austin, Texas to Richmond, Virginia....
Georgia Governor Brian P. Kemp announced that fresh-prepared meal delivery service Freshly Inc. is investing $3.2 million in opening a distribution facility in Austell....
Rabobank will be cutting 5,000 jobs in the next five years....
Air Canada total revenues of $5.833 billion in 2020 declined $13.298 billion or 70 percent from 2019.... ■ What to read next
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Iran says it overtakes Qatar in gas extraction from joint field
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