Kansas City Southern Q4 adjusted earnings Beat Estimates

Kansas City Southern (KSU) revealed a profit for fourth quarter that declined from last year. The company’s earnings came in at $161.1 million, or $1.59 per share. This compares with $551.7 million, or $5.33 per share, in last year’s fourth quarter. Excluding items, Kansas City Southern reported adjusted earnings of $158.0 million or $1.56 per share for the period. Analysts […]

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Netflix Breaks Out Viewership Numbers For ‘You,’ ‘Sex Education,’ ‘Elite’

In reporting its fourth-quarter earnings, Netflix offered numbers that are far harder to come by: viewership stats for six of its newest series, including You, Sex Education and Elite. No third party measures streaming audiences globally as, say, Nielsen does in the U.S. Netflix zealously guards its data and has steadfastly refused to provide the kinds of ratings updates that […]

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Magna Expects To Grow Sales, Earnings Over 2019-2021 Period – Quick Facts

Magna International Inc. (MG.TO,MGA) announced, for 2019, the company projects: net income attributable to Magna of $2.1 – $2.3 billion; EBIT Margin of 7.3% – 7.6%; and total sales of $40.2 – $42.4 billion. The company said its sales are expected to be negatively impacted by the announced disposition of Fluid Pressure & Controls business, net of acquisitions, and by […]

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Target’s Strong Holiday Sales Boost Hopes for Best U.S. Shopping Season in Years

Target Corp. set a high bar for rival retailers with strong holiday sales, bolstering the industry’s hope that this will be America’s best shopping season in more than a decade. Target’s comparable sales grew 5.7 percent in the November-December period, beating some analysts’ estimates. It also maintained its full-year sales and earnings forecasts. Key Insights Target went all out over […]

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