Apple Inc (NASDAQ AAPL) shares have gained 1.46% in early trading session Monday as the company is set to release its fourth-quarter results after the market close. Deutsche Bank analyst Sherri Scribner said in a research note that investors already have set very high expectations. The research firm expects Apple to handily beat the FYQ4,…
A benign quarter of weather-related catastrophe events as well as strong favorable reserve development provided a surge in first-quarter earnings at Arch Capital Group. Both primary and reinsurance lines reported favorable reserve development, but the reinsurance segment provided the bulk of it, reducing the combined ratio by 16 points to 79%. Favorable reserve development also…
Spark Infrastructure reported a solid first-half 2013, with earnings before interest, tax, depreciation and amortisation, or EBITDA, increasing 11% to AUD 340 million on a proportional basis. Growth was driven by substantial tariff increases to recover increased investment, partly offset by lower volumes. Regulated asset base (RAB) grew 9% in the past year and will…
A day after HBO announced their upcoming stand-alone streaming service, CBS Corporation (NYSE:CBS) has announced the launch of CBS All Access – a new digital subscription video on demand and Nielsen-measured live streaming service for the CBS Television Network. CBS Corporation (NYSE:CBS) belongs to Services sector. Its net profit margin is 13.10% and weekly performance…
A coalition of companies and groups like the Bill & Melinda Gates Foundation and Amgen Inc. (NASDAQ:AMGN) with offices in Seattle and Bothell, are working together to produce more of the experimental Ebola drug ZMapp, Bloomberg reported on Friday. Amgen Inc. (NASDAQ:AMGN) belongs to Healthcare sector. Its net profit margin is 25.70% and weekly performance…
Independent grocers generate $131 billion in annual sales, accounting for 25% of overall grocery sales and close to 1% of the total U.S. economy. But for years, the National Grocers Association, which comprises the independent sector of the food distribution industry, had no reliable way to gauge these stats. That is, until Mondelez International, Inc….
