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Alcoa sees $60 to $70 million boost to annual net income from termination of Rockdale smelter contract

Alcoa Inc. shares rose 1.8% premarket Friday, after the company said it has reached agreement on the early termination of a power contract tied to the Rockdale smelter in Texas. The smelter has been curtailed since the e.....»»

Category: topSource: marketwatchOct 13th, 2017

U.S. sees stronger median household income, less poverty

WASHINGTON (Reuters) - The median U.S. household income rose last year, its first significant annual increase since 2007, and helped push down the number of people living in poverty to 53.1 million, federal government data released on Tuesday showed......»»

Category: topSource: reutersSep 13th, 2016

Teekay LNG Partners Reports Fourth Quarter and Annual 2017 Results

Highlights Reported GAAP net income attributable to the partners and preferred unitholders of $39.9 million and adjusted net income attributable to the partners and preferred unitholders(1) of $34.0 million in the fourth quarter of.....»»

Category: earningsSource: benzingaFeb 22nd, 2018

OPEC sees balanced oil market only by year-end as rivals pump more

In a monthly report, the Organization of the Petroleum Exporting Countries said outside producers would boost supply by 1.4 million barrels per day (bpd) this year......»»

Category: topSource: foxnewsFeb 12th, 2018

Viewpoint: Connecticut example argues against millionaires" tax

It all sounds so simple. Just slap a four-percentage-point surcharge on all annual income over $1 million and use the supposed $1.9 billion windfall to fund education and transportation. It sounds irresistible … until you look at the results ju.....»»

Category: topSource: bizjournalsFeb 6th, 2018

Provident Financial Services, Inc. Announces Fourth Quarter and Full Year Earnings, Declares Quarterly Cash Dividend and Sets Annual Meeting Date

ISELIN, N.J., Jan. 26, 2018 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $19.5 million, or $0.30 per basic and diluted share for the quarter ended December 31, 2017, compar.....»»

Category: earningsSource: benzingaJan 26th, 2018

Triumph Bancorp Reports Fourth Quarter Net Income to Common Stockholders of $6.1 Million and 2017 Annual Net Income to Common Stockholders of $35.4 Million

Triumph Bancorp Reports Fourth Quarter Net Income to Common Stockholders of $6.1 Million and 2017 Annual Net Income to Common Stockholders of $35.4 Million.....»»

Category: earningsSource: benzingaJan 22nd, 2018

PNC Financial sees billion-dollar boost to its bottom line from tax overhaul

PNC Financial Services Group Inc. reported Friday earnings of almost $2.1 billion in the fourth quarter, bringing its yearly earnings to about $5.4 billion for 2017. PNC also reported earnings per share of $4.18 in the quarter, and an annual EPS.....»»

Category: topSource: bizjournalsJan 12th, 2018

Kenya Airways CEO sees 10 percent revenue bump from direct U.S. flights

NAIROBI (Reuters) - Kenya Airways expects its daily direct flights to the United States that it launches for the first time in October to boost annual revenue by 10 percent from 2019, the chief executive said on Thursday......»»

Category: topSource: reutersJan 11th, 2018

Car loan business of banks is in top gear, sees annual 18-20% rise

India is now the world's fifth biggest market for passenger vehicles with annual domestic sale of about 3.2 million units.....»»

Category: topSource: business-standardJan 7th, 2018

Apple CEO Cook gets 74% bonus boost after sales, profit rebound

Apple Inc. Chief Executive Officer Tim Cook received a 74 percent increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier......»»

Category: topSource: moneycentralDec 27th, 2017

Apple CEO Cook gets 74% bonus boost after sales, profit rebound

Apple Inc. Chief Executive Officer Tim Cook received a 74 percent increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier......»»

Category: topSource: moneycentralDec 27th, 2017

RenaissanceRe sees write down of tax assets after tax bill cutting earnings by $40 million

RenaissanceRe Holdings Ltd. said Friday net income will be reduced .....»»

Category: topSource: marketwatchDec 22nd, 2017

Lowe"s gets a hurricane boost, but investors not blown away

Lowe's Cos. on Tuesday reported fiscal third-quarter net income of $872 million......»»

Category: topSource: foxnewsNov 21st, 2017

Here"s why UPMC saw big boost in net income

UPMC reported $901 million in net income in its first fiscal quarter ended Sept. 30, thanks to its own operating results and investments, as well as the acquisition of Pinnacle Health System. That’s up sharply from the $268.1 million UPMC reporte.....»»

Category: topSource: bizjournalsNov 2nd, 2017

White House Study Sees Faster Economic Growth From Tax Cuts

Cutting the U.S. corporate tax rate to 20% and allowing companies to immediately write-off the cost of their capital spending would boost business investment, spur faster economic growth and improve household income, White House economists said......»»

Category: smallbizSource: wsjOct 27th, 2017

Chipotle goes through queso hell but sees profit gains

Chipotle reported net income of $19.6 million in the third quarter         Chipotle reported net income of $19.6 million in the third quarter        .....»»

Category: topSource: usatodayOct 24th, 2017

Alcoa misses on earnings but beats on revenue

Alcoa Corp. profit came in lighter than expected for the aluminum company's third quarter on Wednesday, but revenue was a slight beat. Alcoa reported net income of $113 million, or 60 cents a share, on sales o.....»»

Category: topSource: marketwatchOct 18th, 2017

Capitol Report: $4,000? Income boost from corporate tax cuts may be more like $500

The boost to incomes that the White House sees resulting from cutting the corporate tax rate may be only a fraction of what it is estimating......»»

Category: topSource: marketwatchOct 17th, 2017

Piramal invests $55 million to upgrade API plants

In a boost to its contract manufacturing business, Piramal Enterprises has invested $ 55 million (around Rs 360 crore ) to upgrade its active pharmaceutical ingredient manufacturing plants in India and the US.Healthcare is the larg.....»»

Category: topSource: business-standardOct 10th, 2017

ICE Futures Europe sees record open interest in Low Sulphur Gasoil Futures Contract

Intercontinental Exchange’s (ICE) ICE Low Sulphur Gasoil futures contract achieved a new open interest record of 1,004,645 contracts on 26 September, 2017, surpassing 1 million contracts for the first time......»»

Category: topSource: hedgeweekSep 29th, 2017