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Keyword: profit

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  • Aetna projects Trump tax overhaul will add $800M to profit

    02/04/2018 6:06:55 PM PST · by SoFloFreeper · 15 replies
    Fox Business ^ | 1/30/18 | Dennis Fitzgerald
    Aetna (AET) projected Tuesday that President Donald Trump’s tax overhaul will increase the company’s gross 2018 adjusted earnings by about $800 million. ....“Continued strength within our government business and moderate medical cost trend drove our better than projected total company results in the period,” Shawn M. Guertin, Aetna executive vice president and chief financial officer, said in a statement.
  • U.S. department store stocks jump on holiday spending record [over $800 billion]

    12/27/2017 9:44:51 AM PST · by GonzoII · 16 replies
    Reuters/Yahoo ^ | December 26, 2017 | Richa Naidu
    CHICAGO (Reuters) - Shares of U.S. department stores jumped on Tuesday as Mastercard Inc said shoppers spent over $800 billion during the season, more than ever before, boosted by growing consumer confidence, rising employment and early discounts. Sarah Quinlan, head of market insights for Mastercard Advisors, disclosed the figure after the payments processor's analytics arm published its SpendingPulse retail report.
  • Lithium-Ion Battery Inventor Introduces New Technology for Fast-Charging, Noncombustible Batteries

    03/02/2017 9:47:41 PM PST · by PreciousLiberty · 104 replies
    UT News ^ | Feb. 28, 2017 | University of Texas
    A team of engineers led by 94-year-old John Goodenough, professor in the Cockrell School of Engineering at The University of Texas at Austin and co-inventor of the lithium-ion battery, has developed the first all-solid-state battery cells that could lead to safer, faster-charging, longer-lasting rechargeable batteries for handheld mobile devices, electric cars and stationary energy storage. Goodenough’s latest breakthrough, completed with Cockrell School senior research fellow Maria Helena Braga, is a low-cost all-solid-state battery that is noncombustible and has a long cycle life (battery life) with a high volumetric energy density and fast rates of charge and discharge. The engineers describe...
  • Wikileaks Exposes Hillary As A Profit Center

    10/30/2016 8:02:06 AM PDT · by gaggs · 10 replies
    This latest release from Wikileaks has a Bombshell of an email from Brent Budowski to John Podesta. In it Brent Budowski confirms: It’s all about the money. "people now working for her who consider her a profit center for their income and not a cause or a mission that they believe in."
  • Body Parts for Profit: How Abortion Clinics Supply Stem Cell Research (2012 flashback)

    07/29/2015 10:31:38 PM PDT · by Nachum · 4 replies
    occupycorporatism.com ^ | December 27, 2012 | Susanne Posel
    Dr. Leon R. Kass, the Addie Clark Harding Professor Emeritus in the Committee on Social Thought and the College at the University of Chicago and former chairman of the President’s Council on Bioethics under former President George W. Bush, has written a report entitled “The Meaning of Life – In the Laboratory”. Kass discusses the morality surrounding the US government’s funding of “research on human embryonic stem cells, cells derived from early embryos produced by in vitro fertilization in assisted-reproduction clinics.” According to the report, the use of human embryos is justified by the advancements of science which demands that...
  • GOP Rep. Hal Roger's Campaign Donor Stands to Profit from Executive Amnesty

    11/16/2014 7:04:12 PM PST · by Lake Living · 9 replies
    Breitbart.com ^ | 16 Nov 2014 | MATTHEW BOYLE
    A defense contractor and top campaign contributor to House Appropriations Committee chairman Rep. Hal Rogers (R-KY) is in the running to get a contract to print millions of IDs and other government documents associated with the president’s planned executive amnesty, Breitbart News has learned exclusively. The contractor, General Dynamics, is on the list of “interested vendors” for a draft solicitation that U.S. Citizenship and Immigration Services (USCIS), an agency of the Department of Homeland Security (DHS), sent out to vendors in October. If the president goes through with an executive amnesty for millions of illegal aliens and General Dynamics gets...
  • Microsoft's Surface turns first profit in 2 years

    10/26/2014 7:48:58 PM PDT · by SeekAndFind · 49 replies
    MIS Asia ^ | 10/26/2014 | Gregg Keizer
    After two years and nearly $2 billion in losses, Microsoft's Surface turned a profit in the September quarter, the company said Thursday. For the three months ending Sept. 30, Microsoft recorded $908 million in revenue for the Surface tablet line, an increase of 127% over the same quarter in 2013. The nearly one billion in revenue was a one-quarter record for the Surface, and beat the combined revenue of the previous two quarters. Using information in Microsoft's filing with the U.S. Securities and Exchange Commission (SEC), as well as data from earlier quarters, Computerworld calculated the quarter's cost of that...
  • Obama Admin backing Ebola vaccines using aborted baby cell lines

    10/15/2014 4:02:10 PM PDT · by NYer · 33 replies
    Life Site News ^ | October 15, 2014 | John Henry Westen
    The Obama Administration has chosen to back Ebola vaccines made using cell lines cultivated from aborted babies, despite the fact that the government itself acknowledged that moral alternatives could also be used, according to a pro-life organization that specializes in advocating for morally produced vaccines.  Children of God for Life says it has discovered that several Ebola vaccines in development for use worldwide are being made using the aborted fetal cell lines.The proof of the use of the controversial cell lines in the manufacture of the vaccines is found in the patents. According to the patents, Glaxo SmithKline (GSK) and NIAID...
  • Red light cameras shut down: South SF downs devices four years after controversy over admin errors

    09/22/2014 2:20:41 PM PDT · by Navy Patriot · 35 replies
    San Mateo Daily Journal ^ | September 10, 2014 | Angela Swartz
    After pleas to remove red light cameras back in 2010, they are finally coming down in South San Francisco. Although the South San Francisco City Council voted 4-1 back in March to not continue its red light camera program, the cameras didn’t become inoperable until early August. In 2010, the city fronted $1.5 million in refunds for the almost $500 tickets after an administrative error nullified tickets generated from cameras at two locations. The dismantling of the cameras should happen very shortly, said Mayor Karyl Matsumoto. Matsumoto was the one vote in favor of keeping the cameras.SnipI personally think they...
  • How a $900 parking citation became a $25,000 federal lawsuit against SF (San Francisco)

    09/22/2014 1:27:57 PM PDT · by Navy Patriot · 73 replies
    San Francisco Examiner ^ | September 22, 2014 | Jessica Kwong
    Two San Francisco residents, one of whom is disabled, are furious with what they see as an unjust parking ticket, and they have taken their complaint to federal court. The lawsuit -- which was served Sept. 12 to The City, San Francisco Municipal Transportation Agency and one of its citation review officers, and the Police Department, its chief and the officer who issued the citation -- claims the Feb. 16 parking ticket was unlawful. Although the fine has been greatly reduced, the plaintiffs have decided to press on with their complaint.
  • Profit or Prejudice? Race Sensitivity Creates New Marketing Risks

    09/14/2014 9:49:46 AM PDT · by Kaslin · 26 replies
    Townhall.com ^ | September 14, 2014 | Autry J. Pruitt
    When Pepsi-Cola President Walter Mack recognized his company could sell more product to black Americans in the 1940s, he initiated a racially-targeted marketing effort to increase sales. It worked and the company’s market share rose dramatically in just a few years. The strategy was so successful, some inside the company were concerned it might be off-putting to white consumers, prompting Mack to declare that Pepsi would not, “become known as a n----r drink.”This infamous racial slur, unapologetically stated in the presence of African-American ad executives, ran through my mind after reading media reports about the racist emails from Atlanta Hawks...
  • 200 pairs of panties stolen at east Georgia mall

    07/21/2014 2:28:03 PM PDT · by Red Badger · 30 replies
    AP ^ | 07-21-2014 | Staff
  • Obama weighs crackdown on for-profit college industry

    06/01/2014 2:32:22 PM PDT · by Libloather · 34 replies
    The Hill ^ | 6/01/14 | Ben Goad
    It's decision time for the Obama administration on a major rule designed to crack down on colleges that saddle students with a mountain of debt without preparing them for the job market. The Education Department is under intense pressure as the agency prepares to finalize its highly anticipated "gainful employment" regulations, aimed squarely at for-profit college programs seen as predatory. Go too far, business groups warn, and the Obama administration risks denying millions of students a higher education. Yet the agency’s draft rule, issued in March, has come under fierce criticism by some congressional Democrats and advocates, including former Homeland...
  • Profit Is Indispensable for Prosperity: Thomas Piketty's Popularity Explains Our Sluggish Economy

    05/08/2014 6:39:31 AM PDT · by SeekAndFind · 2 replies
    Forbes ^ | 05/08/2014 | Steve Forbes
    FRENCH ECONOMIST and darling of the left Thomas Piketty is the latest in an endless array of economists who are clueless regarding profits and what brings about prosperity and a higher standard of living. In his call for ferocious wealth and income taxes on a global scale to combat what he believes is the growing inequality between the rich and everyone else, Piketty has become a media rock star. This merely underscores the fact that pundits and all too many journalists, politicos and economists know less about money and economics than their forebears did 100 years ago. No wonder the...
  • Microsoft’s third quarter earnings beat Wall Street expectations

    04/24/2014 3:04:30 PM PDT · by SeekAndFind · 8 replies
    Seattle Times ^ | 04/24/2014 | Janet I. Tu
    For its fiscal third quarter, which ended March 31, Microsoft beat analysts’ expectations. The company posted earnings per share of 68 cents on revenue of $20.40 billion. It reported $5.66 billion in profit. Analysts had expected Microsoft to report third-quarter revenue this year of about $20.38 billion, and earnings per share of 63 cents, with profit of $5.26 billion, according to a Bloomberg consensus estimate.
  • GM 4Q Profit Widely Misses Expectations

    02/06/2014 5:40:32 AM PST · by mykroar · 9 replies
    FoxBusiness.com ^ | 2/6/14 | Reuters
    <p>General Motors Co posted a weaker-than-expected fourth-quarter profit on Thursday as results in North America, Asia and South America disappointed.</p> <p>Net income rose to $913 million, or 57 cents a share, from $892 million, or 54 cents a share, in the year-earlier quarter.</p>
  • JC Penney to shed 33 stores, cut 2,000 jobs

    01/16/2014 12:23:51 AM PST · by South40 · 50 replies
    MSN/Reuters ^ | 1/16/2014 | Phil Wahba
    NEW YORK – J.C. Penney Co. said on Wednesday it would close 33 stores and cut 2,000 jobs as part of its efforts to return to profitability. Chief Executive Myron Ullman said in a statement the action "addresses a strategic priority to improve the profitability of our stores." Penney is the second major U.S. retailer in as many weeks to announce layoffs. Last week, Macy's Inc said it was eliminating 2,500 jobs. Those cuts will be offset over time as the retailer plans to add positions to its online business, leaving overall staffing levels unchanged at around 175,000.
  • If Obamacare Insurance was no longer Mandatory, would Liberal Democrats still buy it?

    11/13/2013 6:41:58 AM PST · by Graewoulf · 23 replies
    Graewoulf | November 13, 2013 | Graewoulf
    What would be the incentive for increased consumer demand for purchase of an Obamacare Insurance Policy instead of purchasing a policy from a private insurance company? After one year of competition on an open insurance market, how would Obamacare rate in terms of new policies, customer satisfaction, customer privacy, customer recommendations to others, and profit margins? After five years of insurance sales, would Obamacare still be operating at a net financial loss? Could a non-mandatory Obamacare be packaged for sale to a private Insurance Company? What would the the Fair Market Value of the privatization sale of Obamacare?
  • Mormon church-owned company buys huge swath of Florida land

    11/08/2013 11:51:18 AM PST · by greyfoxx39 · 498 replies
    Orlando Sentinel ^ | November 7, 2013 | Kevin Spear
    <p>The Mormon church stands to own nearly 2 percent of Florida by completing a deal to buy most of the real estate of the St. Joe Co. for more than a half-billion dollars.</p> <p>The megapurchase was announced jointly Thursday by a corporate representative of church, which owns the nearly 295,000-acre Deseret Ranches in Central Florida, and by the real-estate and timber business, which has built several communities along the Panhandle coast.</p>
  • Investors: McAuliffe Donor Gave 'Full Disclosure' on Scheme to Profit from Terminally Ill

    10/27/2013 11:37:07 AM PDT · by Nachum · 16 replies
    breitbart ^ | 10/27/13 | Michael Patrick Leahy
    On Saturday, the Washington Post revealed further details on a scheme investing in the pending deaths of terminally ill patients which attracted the capital of Virginia Democratic gubernatorial candidate Terry McAuliffe. Earlier this month, Breitbart News reported that McAuliffe admitted he was a "passive investor" in an investment fund organized by his friend and donor, Joseph Caramadre, that preyed on terminally ill patients. Caramadre's fund would pay terminally ill patients a small amount of cash before their death and, at the same time, would purchase life insurance policies on them. When the patient died, Caramadre and his investors reaped huge...