GE Aviation today announces digital Network Operations agreements with customers at the Waypoint event including AirAsia and additional undisclosed airlines. Implementation of Network Operations will take place this year for the airlines.
Is Warren Buffett Expecting a Market Crash?Warren BuffettLast week, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. Markets were eagerly awaiting the filing to get a sense of how Berkshire chair Warren Buffett deployed its $100 billion
HENDERSON, NV / ACCESSWIRE / February 19, 2019 / One of the growing technologies in energy you should know about are microgrids. With investments in microgrids that can solve challenges associated with ...
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendations Sprint (S) stock offers a potential downside of ~0.6% going forward compared to its current market price of $6.18. Wall Street analysts
Dish Network Stock Rises despite Q4 Subscriber Losses(Continued from Prior Part)Analysts’ recommendations on Dish Network Of the 23 analysts covering Dish Network (DISH), ten analysts have recommended “buys” on the stock, and nine have rated it
How CenturyLink Fared in the Fourth Quarter(Continued from Prior Part)CenturyLink’s moving averages Recently, CenturyLink (CTL) went below its 20-day and 100-day moving average, which denotes a bearish sentiment in the stock. On February 13,
Britons are enjoying record employment but the list of companies saying they’re shutting down production in the U.K. or warning about profits is getting longer. With Britain’s departure from the European Union imminent and global trade tensions brewing, companies are slashing investment and economic growth is cooling. Honda’s plans are the latest symbol of the decline of British manufacturing, and it follows warnings of production cuts from Nissan Motor Co. and Ford Motor Co. this month.
The global iron ore market has been thrown upside down by the tragedy, after Vale was forced to shutter operations and the Brazilian government said it’s banning certain types of dams used to hold mining waste. While rival producers such as BHP and Rio Tinto Group might be expected to fill the gap, they’ve got little room to respond after focusing in recent years on maximizing profits rather than increasing volumes. BHP is operating its Australian iron ore operations at full strength and doesn’t expect changes as a result of the January incident, Chief Executive Officer Andrew Mackenzie ...
Dubai-based Mashreqbank has started marketing dollar-denominated bonds with an initial price guidance of about 200 basis points over mid-swaps, a document issued by one of the banks leading the deal showed. ...
The world’s largest automaker is in talks to invest in Argo AI at a $4 billion valuation, the automated car company backed by Ford Motor Co., Bloomberg News reported. General Motors Co.’s Cruise and Alphabet Inc.’s Waymo have been at it a lot longer, and Aurora Innovation Inc. has a more accomplished leadership team. Cruise was most recently valued at $15 billion, and start-up Zoox at more than $3 billion.
Auto makers are pulling back on discounts on sedans and shifting more promotional dollars to sport-utility vehicles and trucks. The availability of unsold SUVs and trucks grew 12% in January over the prior-year period, according to automotive-research firm WardsAuto, putting pressure on brands to pile on more sales promotions. Average SUV and truck discounts have ticked higher for the fourth year in a row, reaching $3,995 per vehicle in 2018, according to market-research firm J.D. Power.
All so-called upstream dams need to be decommissioned or removed by August 2021, according to a resolution the National Mining Agency, or ANM, published on Monday in the nation’s official gazette. Vale has said it will spend 5 billion reais ($1.4 billion) to decommission its 10 upstream dams in the next three years. The upstream method is typically the cheapest way for miners to contain ponds of tailings waste, a byproduct of extracting iron ore.