Year: 2019

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Trading Ideas

Australia's 'Big Four' banks post second year of lower returns

November 7, 2019 admin Comments Off on Australia's 'Big Four' banks post second year of lower returns

Australia’s four major banks reported a second consecutive year of lower returns, dragged down by hefty customer compensation bills following mis-selling scandals, greater competition and a low credit growth environment. National Australia Bank Ltd , the last of the so-called “Big Four” to report annual earnings, on Thursday posted a 10.6% drop in profit, cut its final dividend and said it planned to raise about A$1.55 billion in new shares to help meet new regulatory capital ratios. NAB and its peers Westpac Banking Corp , Australia and New Zealand Banking Group and Commonwealth Bank of Australia …read more […]

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Trading Ideas

Lenovo second-quarter profit jumps 20% on strong personal computer sales

November 7, 2019 admin Comments Off on Lenovo second-quarter profit jumps 20% on strong personal computer sales

Chinese personal computer maker Lenovo Group Ltd reported a 20% year-on-year jump in second-quarter profit on Thursday, slightly beating analysts’ estimates, on the back of strengthening demand for its products. Lenovo’s net profit in the quarter ended September rose to $202 million, compared with an average estimate of $199.59 million by eight analysts, according to Refinitiv data. China’s Lenovo Group, the world’s largest PC maker, warned in August that it would have to raise prices if U.S. tariffs increased, and that shifting manufacturing from China to avoid tariffs could further bump up costs. …read more […]

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Trading Ideas

UPDATE 1-Takeda's dengue vaccine effective overall in study but with major limitation

November 7, 2019 admin Comments Off on UPDATE 1-Takeda's dengue vaccine effective overall in study but with major limitation

Takeda Pharmaceutical Co’s experimental dengue vaccine was highly effective at preventing the mosquito-borne disease in a late stage study, but it failed to protect against one type of the virus in people with no prior exposure to dengue. Takeda’s vaccine was 80.2% effective at preventing dengue among children and teens in the year after they got the shot, according to results of a Phase III study published in the New England Journal of Medicine on Wednesday. Sanofi’s Dengvaxia – the world’s first dengue vaccine – had demonstrated 59.2% overall efficacy in the first year of follow-up based on …read more […]

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Business News

Factbox: How the SEC is making life easier for corporate America

November 7, 2019 admin Comments Off on Factbox: How the SEC is making life easier for corporate America

Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures – including trimming rules – that make life easier for corporate America, according to a Reuters analysis of SEC announcements and interviews with more than a dozen lawyers, academics and advocacy groups.

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Trading Ideas

Do More With Less: Ending Boring Meetings

November 7, 2019 admin Comments Off on Do More With Less: Ending Boring Meetings

Last month, Mark Ford wrote about the dangers of inefficient meetings and the waste they can create for your business.
Today, he explains how you can improve your meetings by setting a clear purpose and inviting the right people.

I was never a big fan of meetings. But, as the little businesses I started grew larger, I realized that meetings were absolutely necessary.
With the advent of cyber employees, meetings became more necessary. Employees who are physically removed from headquarters are less likely to hear about developments casually on smoke and coffee breaks.
Yes, for somebody who never really liked meetings, I’ve seen them …read more […]