Kraft heinz q4 2018 earnings

Key Takeaways Analysts estimate adjusted EPS of $1.48 vs. $1.69 in Q1 FY 2022. U.S. comparable sales (excluding fuel sales) are expected to rise YOY, but at less than half the pace of the same quarter a year ago. Revenue is expected to barely increase for the second straight quarter as the boost from the pandemic continues to wear off. Walmart Inc. ( WMT ), one of the world's biggest retailers, enjoyed unusually strong earnings and revenue growth during the past two years. The key driver was consumers who changed their buying patterns in several ways during the pandemic. Walmart's e-commerce sales soared as people sheltering at home boosted their shopping online. And consumers also spent more on manufactured goods as they spent less on dining out and traveling. But these pandemic-related forces are beginning to lose momentum. As a result, Walmart's growth has begun to slow sharply. Investors will be watching whether Walmart can reverse its slowdown in growth when … [Read more...] about Walmart Q1 FY2023 Earnings Report Preview

U.S. equity markets are falling as tensions ratchet higher between Russia and Ukraine, with U.S. officials saying they expect a Russian attack on its neighbor shortly. Major indexes are heading for weekly declines and the Nasdaq is adding to its nearly 14% drop so far this year. Key Takeaways U.S. equity markets are falling as investors watch developments in the ongoing tensions between Russia and Ukraine. Major indexes are heading for weekly declines and the Nasdaq is adding to its nearly 14% drop so far this year. Roku shares are plunging while FAAMG stocks, Tesla, and Intel all slide. Shares of all the FAAMG tech companies are lower. Tesla Inc. ( TSLA ) shares are declining 3%. Shares of semiconductor companies are dropping after Intel Corp. ( INTC ) warned of lower profit margins this year. Roku Inc. ( ROKU ) shares are plunging on its earnings report (more below). Shares of big industrial firms including Boeing Co. ( BA ), Honeywell International … [Read more...] about Russia–Ukraine Tensions Soar as Shelling, War Talk Increase; Investors Flee Stocks

Share to Twitter Share to Linkedin With news emerging that the NCAA’s Transformation Committee’s work may have hit a roadblock, Division I athletics directors and presidents still need guidance in order to prepare for the fast approaching changes. Savvy leaders are tracking several developing issues, including the new Big Ten Conference media rights deal (which some have projected will double annual institutional payouts to $100 million or more). Many are also planning for an expansion of the College Football Playoff to 12 teams, which could be a huge financial windfall for those conferences (and independents) who are part of that collection. It can be overwhelming to track on all of these moving pieces, particularly if you are a Group of Five or other mid-major program. To help Presidents and senior campus leaders assess where your institution is currently, here is a checklist to begin comparing your institution’s readiness for this new landscape: … [Read more...] about Defining Athletic Success In The New ‘Transformation’ Era: A Challenge For Mid-Major Division I Schools

Share to Twitter Share to Linkedin Topline The U.S. Soccer Federation has reached new historic collective bargaining agreements to ensure equal pay and prize money for its men’s and women’s national teams, it said Wednesday morning, following a years-long battle fought by the four-time World Cup-champion women’s national team to guarantee equal compensation. Key Facts The two collective bargaining agreements—which last through 2028—include identical pay for all international soccer competitions, including the FIFA World Cup. U.S. Soccer will become the first national governing body to ensure equal prize money from FIFA by pooling prize funds and splitting them equally among the men and women’s national teams beginning with the 2022 Men’s tournament and the 2023 Women’s World Cup. Men’s and women’s national team players will also earn identical game bonuses, the federation said. The deals come three months after U.S. Soccer settled … [Read more...] about Soccer Federation Reaches Historic Deals Guaranteeing Equal Pay For Men And Women Players

The U.S. women’s national soccer team is the defending world champion heading into the 2019 FIFA Women’s World Cup, which kicks off in France on Friday. They are expected to win, although France and Germany may have other ideas during the course of the competition, which runs from June 7 through early July. advertisement advertisement The U.S. women’s national team is a mix of new players and returning stars like Alex Morgan, Megan Rapinoe, and Julie Ertz, all determined to keep the title in the United States. In addition to fame and glory, they are probably looking forward to bringing home some of the competition’s prize money, too, as this year boasts the largest pool in Women’s World Cup history. Soccer’s governing body, FIFA, upped the prize money in the hopes of deflecting criticism about a gender pay gap between the men’s and women’s tournaments. While they doubled the payout for the winning teams—this year’s champs will take home $4 million, … [Read more...] about Here’s how much Women’s World Cup soccer players are paid compared to men

Graphics chipmaker NVIDIA Corporation ( NVDA ) has agreed to pay $5.5 million to settle charges leveled by the Securities and Exchange Commission (SEC) that it failed to adequately inform investors about the demand cryptocurrency miners had placed on its graphics cards. Crypto mining involves obtaining rewards earned in cryptocurrency for verifying transactions on distributed blockchain ledgers. Key Takeaways NVIDIA has agreed to pay $5.5 million for failing to adequately inform investors about the demand cryptocurrency miners had placed on its graphics cards. The SEC claimed NVIDIA failed to report that crypto mining had generated significant revenue growth in two consecutive quarters during its 2018 fiscal year. In March 2021, NVIDIA released a new series of semiconductors called Cryptocurrency Mining Processor (CMP), specifically designed for mining Ether. Demand for the company's CMP hardware has slumped in line with sharp falls in cryptocurrency prices. … [Read more...] about NVIDIA (NVDA) Fined $5.5M for Failing to Disclose Crypto Mining Impact

- A + A HONG KONG (May 18): Smarting from HSBC Holdings Plc’s move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a breakup. Splitting up Europe’s biggest bank to separate out its Asian operations is being pushed by its largest investor, Ping An Insurance Group Co, based just across the border in Shenzhen. The call is winning support in Hong Kong’s retail base, which owns about a third of the bank, with some seeing it as a surefire way of preventing the steady stream of payouts from being cut off again. Their loyalty has been tested as numerous pivots in strategy fail to impress the market, leaving dividends at half of what they were in 2018 and the stock down more than 40%. The former British colony is the beating heart of the bank’s global operations, accounting for about 30% of the group’s 2021 adjusted profits. Yet decisions such as the halting of dividends … [Read more...] about HSBC’s mass of Hong Kong retail investors warms to breakup

Amber Heard claims that Warner Bros. "didn't want to include me" in the upcoming Aquaman sequel due to the fallout of her divorce from Johnny Depp. The actor said during her defamation trial against Depp that she was actively scheduling timing for filming the second Aquaman movie until Depp's team called her a liar regarding her abuse claims against Depp. Heard said that communications about the sequel stopped at that point. Heard stars as Mera in several comic book films from Warner Bros. and DC Entertainment. She debuted as the character in Justice League in what she called a three-picture option. The second film was Aquaman , in which she had a more co-lead role opposite Jason Momoa and for which she earned US$1mil. ALSO READ: Petition to remove Amber Heard from 'Aquaman' sequel hits 3 million signatures Heard said she earned twice as much for Aquaman 2 , the third film in her contract, but also said that he role in the film was a very pared-down version. "I … [Read more...] about Amber Heard says ‘Aquaman 2’ role ‘pared down’ due to fallout with Johnny Depp

Maya Sree operating a drone Maya Sree, who goes by only one name, left her hometown in 2018, when she decided to live her life as a transwoman. Her parents did not accept her the way she was, or the jobs that she had taken up earlier to support herself. “But when my parents came to know that I was working for Dhaksha in Anna University campus, I received a call from my family, and they spoke to me, and told me that they were very proud of me. Personally, it’s not just a job for me but a new life,” Maya Sree, a Directorate General of Civil Aviation (DGCA)-certified drone pilot of the Chennai-based Dhaksha Unmanned Systems (DUMS) told Moneycontrol. Maya Sree, along with course mates Pragya, Sai and Rahmatullah, are the first from the transgender community in India to be appointed as drone pilots. They underwent intensive training before being absorbed by the company which operates drones with applications in surveillance, agriculture and defence. For them, this job at DUMS gives … [Read more...] about For four from trans community, drone pilot jobs give the wind beneath their wings

A management reset may be in order at The Boeing Company (BA) , contends the CEO of Irish budget carrier Ryanair Holdings PLC ( RYAOF ), after a string of delivery delays and disputes over pricing negotiations have clouded the business relationship of the two companies. Key Takeaways Ryanair CEO Michael O'Leary said that Boeing's management needs a shakeup after a number of delivery delays and stalled pricing negotiations with the company. Ryanair ended negotiations to purchase up to 250 MAX 10 planes in September 2021 after pricing negotiations with Boeing broke down. Boeing's 737 MAX 10 and 787 Dreamliner have suffered major delivery delays due to certification and manufacturing issues. Faster-than-expected deliveries of Boeing's MAX 10 and Dreamliner could bring on a sharp rally in the company's share price. Ryanair Chief Executive Michael O'Leary lambasted the aerospace company's management at the airline's quarterly earnings conference call on Monday, … [Read more...] about Boeing (BA) Takes Heat From Top European Customer Ryanair