ABN Amro sheds 250 jobs as it shrinks international corporate bank

AMSTERDAM (Reuters) – Dutch bank ABN Amro (ABNd.AS) said on Wednesday it would shed 250 jobs as it shrinks its international corporate bank activities to increase profitability. FILE PHOTO: The head office of ABN AMRO bank is seen in Amsterdam May 29, 2007. REUTERS/Koen van Weel /File Photo ABN said it would focus its Corporate and Institutional Banking (CIB) division […]

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Guatemalan children reunited with deported parents after U.S….

GUATEMALA CITY (Reuters) – Nine Guatemalan children separated from their parents at the U.S. border under President Donald Trump’s “zero tolerance” immigration policy were flown home on Tuesday and reunited with their deported families, Guatemala’s government said. Estanislao Perez hugs his son Keidin, who was sent back from detention on Tuesday, after they were separated at the U.S. border, in […]

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Instant View: China’s copper, coal, oil and iron ore imports rise…

(Reuters) – China’s imports of copper, iron ore, coal and oil rose in July from the previous month, customs data showed on Wednesday, but soy imports dipped. FILE PHOTO: Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly SongKEY POINTS: * Copper: China imported 452,000 tonnes, versus 440,000 tonnes in June * Crude oil: China […]

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GM Reportedly Cuts Different Type Of Health-Care Deal

General Motors Co. (GM) has struck a deal with a Detroit-based hospital system to offer a new coverage option to employees, upending the traditional benefits setup in an attempt to lower costs and improve care, the Wall Street Journal reported. The auto maker’s agreement with Henry Ford Health System covers everything from doctor visits to surgical procedures. By signing a […]

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Chinese media warns against ‘wantonly’ rising tariffs in U.S. trade…

BEIJING (Reuters) – Certain people who want to wield the “stick of hegemony” on China with tariffs for their own personal ends will only end up hurting themselves, major Chinese state newspapers said on Wednesday in a unified message against the United States. FILE PHOTO: Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly SongChina […]

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What Is Cash Flow From Investing Activities?

Cash flow from investing is listed on a company’s cash flow statement. Cash flow from investing activities includes any inflows or outflows of cash from a company’s long-term investments.  The cash flow statement reports the amount of cash and cash equivalents leaving and entering a company.  The sections of the cash flow statement are: Cash from operating activities, Cash from […]

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Disney quarterly profit falls short as streaming costs rise

(Reuters) – Walt Disney Co (DIS.N) missed Wall Street profit targets as new technology costs rose during the quarter ended June 30, but Chief Executive Bob Iger said an exodus of consumers from its television channels was slowing. The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018. REUTERS/Lucy NicholsonShares of Disney, which have climbed […]

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Southwest Gas Corp. Q2 Income Rises

Southwest Gas Corp. (SWX) released earnings for its second quarter that climbed from last year. The company’s profit totaled $21.55 million, or $0.44 per share. This compares with $17.86 million, or $0.37 per share, in last year’s second quarter. Analysts had expected the company to earn $0.33 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude […]

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KAR Auction Services, Inc. Q2 adjusted earnings Beat Estimates

KAR Auction Services, Inc. (KAR) revealed earnings for its second quarter that increased from last year. The company’s profit came in at $93.2 million, or $0.69 per share. This compares with $57.2 million, or $0.41 per share, in last year’s second quarter. Excluding items, KAR Auction Services, Inc. reported adjusted earnings of $111.8 million or $0.82 per share for the […]

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