#CSuite CEO appointed at Tobago Tourism Agency | The Trinidad Guardian … – Trinidad Guardian http://bit.ly/2iXXvSd
— Muzaffaruddin Alvi (@Muzaffar1969) November 2, 2017
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Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA)
Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...
Showing posts with label 2017 at 07:47PM. Show all posts
Showing posts with label 2017 at 07:47PM. Show all posts
Thursday, November 2, 2017
#CSuite CEO appointed at Tobago Tourism Agency | The Trinidad Guardian … – Trinidad Guardian http://bit.ly/2iXXvSd
Wednesday, November 1, 2017
#CSuite Adelsky Appointed to LeasePlan USA Executive Leadership Team as CFO – PR Web (press release) http://bit.ly/2ylatQK
#CSuite Adelsky Appointed to LeasePlan USA Executive Leadership Team as CFO – PR Web (press release) http://bit.ly/2ylatQK
— Muzaffaruddin Alvi (@Muzaffar1969) November 1, 2017
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Monday, October 30, 2017
#CSuite Resignation of Company Secretary / Compliance Officer – Business Line http://bit.ly/2gMKB4Z
#CSuite Resignation of Company Secretary / Compliance Officer – Business Line http://bit.ly/2gMKB4Z
— Muzaffaruddin Alvi (@Muzaffar1969) October 30, 2017
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#CSuite PepsiCo names Dave Yawman EVP, government affairs, general counsel & corporate secretary -… http://bit.ly/2idRk8c
#CSuite PepsiCo names Dave Yawman EVP, government affairs, general counsel & corporate secretary -… http://bit.ly/2idRk8c
— Muzaffaruddin Alvi (@Muzaffar1969) October 30, 2017
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Monday, October 9, 2017
#CSuite FBN Holdings Appoints Oluseye Kosoko As Company Secretary – Independent Newspapers Limited http://bit.ly/2y5SRVt
#CSuite FBN Holdings Appoints Oluseye Kosoko As Company Secretary – Independent Newspapers Limited http://bit.ly/2y5SRVt
— Muzaffaruddin Alvi (@Muzaffar1969) October 9, 2017
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Sunday, May 21, 2017
Saturday, May 6, 2017
Human remains found in France in search for ‘Disappeared’ murder victim
May 06, 2017 at 07:42PM
from Telegraph Reporters
Gillette India Q3 net profit up 54 per cent at Rs 105.82 crore
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May 06, 2017 at 07:45PM
from
Obamacare needs to be slain, but Republicans should take their time to make sure it’s a job well done
May 06, 2017 at 07:42PM
from Molly Kiniry
The New 2DS XL could be Nintendo’s best handheld yet
May 06, 2017 at 07:41PM
from
Sunday, April 30, 2017
Six Questions Every Innovation Team Must Answer To Succeed
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While it is good that companies invest in R&D, innovation teams should also spend time searching for the right business models for their breakthrough ideas. This involves answering key business model questions. This article presents six key questions to guide teams along their innovation journey.
April 30, 2017 at 07:45PM
from Tendayi Viki, Contributor
China giant Tencent funds Melbourne fintech start-up
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Melbourne-based fintech start-up Airwallex has landed a $US13 million Series A funding round, becoming one of the first Australian companies to …
April 30, 2017 at 07:25PM
from
You, too, can be an animator. Yes, there’s an app for that.
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Youngest brother Tim Meson, 26, a software engineer at Oracle, joined the startup to launch a free animation app for Android users in 2012 called …
April 30, 2017 at 07:25PM
from
GBP/NZD: Forecast For Next Five Days
The GBP/NZD pair is looking particularly bullish at the start of a new trading week. The spike higher following news of an early election pushed the exchange rate up to a major multi-year trendline for the long-term downtrend, which it pierced above. Go to Source Author:
The post GBP/NZD: Forecast For Next Five Days appeared first on ForexTV.
April 30, 2017 at 07:25PM
from NZD Editor
Startup develops edible water drops they hope will be used at road races
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English startup Skipping Rocks Lab sees thirsty road racers as potential users of an interesting product: edible water drops. The company’s goal is to …
April 30, 2017 at 07:25PM
from
NZD/USD Technical Analysis: Down Trend Back in Play
NZD/USD Technical Strategy: Flat Kiwi Dollar down trend resumes after congestion range support break Risk/reward, positioning considerations argue against taking up trade The New Zealand Dollar broke through congestion range support and looks to have … Go to Source Author:
The post NZD/USD Technical Analysis: Down Trend Back in Play appeared first on ForexTV.
April 30, 2017 at 07:25PM
from NZD Editor
Thursday, April 27, 2017
TechnipFMC (FTI) Q1 Earnings Beat, Announces Stock Buyback
Energy services company TechnipFMC plc FTI reported first-quarter diluted earnings per share (excluding one-time items) of 71 cents, handily beating the Zacks Consensus Estimate of 33 cents. The results were driven by strong project execution, efficiencies from its industry-leading solutions and cost reduction efforts.
However, a steep contraction in project activity in the wake of plunging oil prices meant that the company’s bottom line fell sharply from the year-ago adjusted profit of $1.41.
First-quarter revenues of $3,388 million increased from $2,405.7 million a year ago but were below the Zacks Consensus Estimate of $3,808 million.
Segmental Analysis
Subsea: The segment revenue for the most recent quarter was $1,376.7 million, reflecting a decrease of 42% from the first quarter of 2016. Operating profit came in at $54.2 million, down 75% year over year. The negative comparisons reflect tough market conditions that led to lower project activity in Europe and Africa.
Onshore/Offshore: Segment revenues, at $1,764 million, were down 19% year over year due to subdued activity levels. However, operating income jumped 140% to $139.9 million on improved profitability on the back of achievement of key construction milestones.
Surface Technologies: The segment revenue for the January-March period was $248.4 million, 29% below first-quarter 2016 sales of $349.6 million on international pricing pressure and lower product sales. However, a favorable product mix and a leaner cost structure helped the company to reduce its losses to $18.6 million against $75.1 million incurred a year ago.
Backlog
As of Mar 31, 2017, TechnipFMC’s total backlog was $16,056.2 million compared with $16,380.5 million a year ago. Of this, backlog for ‘Surface Technologies’ was $9,066 million, while ‘Subsea’ and ‘Surface Technologies’ backlog finished the quarter at $6,558.2 million and $432 million, respectively.
Capex & Balance Sheet
In the reported quarter, TechnipFMC spent $51.2 million on capital programs. As of Mar 31, the company had cash and cash equivalents of $7,041.7 million and long-term debt of $3,082.8 million, with a debt-to-capitalization ratio of 18.5%.
Other Announcements
TechnipFMC said that its board of directors has approved a $500 million share buyback program and announced plans to initiate a dividend following third-quarter results.
Zacks Rank
TechnipFMC – which also announced a contract from ExxonMobil XOM for a deepwater project offshore Guyana – holds a Zacks Rank #2 (Buy).
Meanwhile, one can look at better-ranked energy players like Diamond Offshore Drilling Inc. DO and Cenovus Energy Inc. CVE. Both carry Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Incorporated in 1989, Houston, TX-based Diamond Offshore is a major contract driller, providing comprehensive offshore drilling services to the global energy industry. The company has an excellent track of having outperformed estimates in each of the last four quarters.
Calgary-based Cenovus Energy is a large integrated oil company with a focus on the Canadian Oil Sands. It also produces oil and natural gas while also being involved in the transportation and refining of crude oil. The 2017 Zacks Consensus Estimate for this company is 40 cents, representing some 221% earnings per share growth over 2016. Next year’s average forecast is 46 cents, pointing to another 15% growth.
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FMC Technologies, Inc. (FTI): Free Stock Analysis Report
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Diamond Offshore Drilling, Inc. (DO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
April 27, 2017 at 07:40PM
from Nilanjan Choudhury
Ocwen fights U.S. consumer watchdog over mortgage allegations
Ocwen, one of the United States’ largest nonbank mortgage servicers, filed a challenge to the Consumer Financial Protection Bureau in the U.S. District Court in West Palm Beach on Tuesday saying the agency was not legal under the U.S. constitution.
The move came after the CFPB brought a lawsuit against Ocwen last week, accusing the company of widespread misconduct in how it serviced borrowers’ loans, from foreclosure abuses to a basic failure to send accurate monthly statements.
Ocwen also asked for Attorney General Jeff Sessions to present views on the agency’s constitutionality.
Ocwen sought the help of Sessions, who heads the Department of Justice, after he, U.S. President Donald Trump and other Republicans said the CFPB’s sole director had too much power.
Trump would like to rein in the watchdog created in the 2010 Dodd-Frank Wall Street reform law to protect individuals against fraud.
The Justice Department recently filed a brief opposing the CFPB in a case involving another mortgage company, PHH Corp.
The CFPB is currently appealing the decision in the PHH case that its single-director structure did not hew to the constitution. The agency can represent itself in court cases except those before the Supreme Court. That means Trump could direct the Justice Department to argue against the CFPB if the PHH case reaches the country’s top court, and to submit briefs opposing the agency in cases such as Ocwen’s challenge.
“CFPB’s own views are in direct conflict with those of the United States government, and for this court to hear both sides from the government entities can only aid the court’s decision-making process,” Ocwen said in its filing.
The CFPB declined to comment on the Ocwen filings. The Justice Department did not immediately respond to a request for comment.
Civil rights and consumer advocates worry about the CFPB’s fate in the PHH appeal. If the court agrees the agency is unconstitutional, then Trump is expected not to take the case to the Supreme Court. If the court reverses the ruling, then Trump’s Justice Department could argue against the agency at the Supreme Court.
Source: Flipboard
The post Ocwen fights U.S. consumer watchdog over mortgage allegations appeared first on Compliancex.
April 27, 2017 at 07:46PM
from The Compliance Exchange
Austria investigates Airbus CEO over suspected fraud
Airbus (AIR.PA) was plunged deeper into legal wrangling over past business dealings on Wednesday when Vienna prosecutors announced a fraud investigation into its chief executive in connection with a $2 billion (1.56 billion pounds) fighter order over a decade ago.
Airbus called the accusations against CEO Tom Enders “completely unsubstantiated” after Reuters exclusively revealed the investigation, which came to light in correspondence seen by the news agency and confirmed by Vienna prosecutors.
For the second time in two months, Airbus seemed taken aback by the latest developments in a longstanding row over the Eurofighter deal, which has spawned numerous investigations that now coincide with separate probes in other countries of its passenger jet sales.
In February, Vienna prosecutors opened a criminal investigation into Airbus and the Eurofighter consortium after the defence ministry said it believed they had misled Austria about the price, deliverability and equipment of the 2003 deal.
That investigation now involves 16 individuals including Enders, according to a list seen by Reuters.
“Upon our inquiry after initial media reports, the Vienna prosecutor this afternoon informed us for the first time that all individuals, who have been mentioned by the Republic of Austria in its statement of alleged facts, … are under investigation,” an Airbus spokesman said by email.
“This list of individuals includes, among others, Tom Enders. As we have repeatedly stated, we consider the accusations as completely unsubstantiated.”
Enders and Airbus, which was called European Aeronautic, Defence and Space Company (EADS) at the time the fighter jet order was agreed, have repeatedly denied any wrongdoing.
Enders, a 58-year-old German, was head of EADS’s defence division when the contract was signed. He took responsibility for combat aircraft a few months later.
The Eurofighter consortium, which comprises BAE Systems (BAES.L), Italy’s Leonardo (LDOF.MI) and Airbus, has also denied any wrongdoing.
Airbus shares fell as much as 1.1 percent after Reuters reported the probe into Enders, before closing unchanged.
Source: Reuters
The post Austria investigates Airbus CEO over suspected fraud appeared first on Compliancex.
April 27, 2017 at 07:46PM
from The Compliance Exchange
Mead Johnson (MJN) Misses Q1 Earnings and Sales Estimates
Mead Johnson Nutrition Company MJN is one of the leading providers of nutritional products for infants, children and expectant and nursing mothers. Its Enfa franchise that includes Enfamil infant formula accounts for almost 80% of the company’s net sales.
Currently, Mead Johnson has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2017 earnings report which has just released. (You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here). We have highlighted some of the key details from the just-released announcement below:
Earnings: The Zacks Consensus Estimate stands at 82 cents per share for past 7 days. Mead Johnson’s adjusted earnings per share of 80 cents in the first quarter missed this estimate by a couple of cents.
Mead Johnson Nutrition Company Price and EPS Surprise
Mead Johnson Nutrition Company Price and EPS Surprise | Mead Johnson Nutrition Company Quote
Revenues: Mead Johnson posted first quarter revenues of $883.5 million, missing the Zacks Consensus Estimate for revenues of $916 million.
Key Stats: Revenue from Asia decreased 13% to $434.1 million, while sales from Latin America dropped 3% y/y to $156.2 million. Sales from North America/Europe also dropped 3% y/y to $293.2 million.
Major Factors: Management is looking forward to significant benefits from the proposed merger with Reckitt Benckiser, including benefits from scale, potential geographic expansion, and increased resilience within a diversified group to help strengthen business. Therefore Mead Johnson has not provided any further guidance for 2017.
Stock Price: Following the earnings release, the company’s share prices did not show any movement in the pre-market trading session.
Check back later for our full write up on this Mead Johnson earnings report later!
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To read this article on Zacks.com click here.
April 27, 2017 at 07:40PM
from Zacks Equity Research
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