Are Franchise Brands Enough to Lift Hasbro Earnings?

When Hasbro Inc. (NASDAQ: HAS) reported its third-quarter financial results before the markets opened on Monday, the toymaker said that it had $1.88 in earnings per share (EPS) and $1.78 billion in revenue. The consensus estimates had called for $1.62 in EPS and revenue of $1.73 billion, and the same period of last year reportedly had EPS of $1.84 on […]

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Europcar Pulls Earnings Forecast Amid Resurgent Virus in Europe

New restrictions imposed across Europe to curb the spread of Covid-19 forced Europcar Mobility Group to withdraw its earnings guidance for the remainder of this year, with the firm anticipating a return to pre-virus trading only by 2023. The French car rental group pulled its prediction for the 2020 financial year “due to the uncertainties derived from the second wave” […]

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Libra Association Appoints Ex-HSBC Executive Ian Jenkins As CFO

The Libra Association, a consortium of major financial partners of Facebook’s Libra cryptocurrency project, has appointed former HSBC executive Ian Jenkins as its first chief financial officer and chief risk officer of Libra Network, which manages the licensed Libra cross-border payment system. Jenkins will manage the operations of the Libra payment system, a licensed blockchain-based payment system supporting financial inclusion […]

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European Shares Rise On Earnings

European stocks rose on Monday as encouraging earnings news from the likes of Julius Baer and Philips coupled with renewed hopes for more U.S. stimulus outweighed worries about fresh restrictions across the continent due to rising Covid-19 numbers. Italy announced new measures after the country recorded a record daily increase of the Covid-19 cases for the fifth day in a […]

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Robert Murray, Controversial Coal Baron, Dead At 80

ST. CLAIRSVILLE, Ohio (AP) — Coal magnate Robert Murray died at his home in Ohio less than a week after announcing his retirement as board chairman of a major U.S. coal operator. Michael Shaheen, an attorney who had recently been representing Murray, confirmed the Sunday morning death of the 80-year-old in St. Clairsville to The Intelligencer/Wheeling News-Register. Murray had announced his retirement Monday, […]

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Big tech accused of avoiding $2.8bn in tax to poorest countries

Big US technology companies are exploiting loopholes in global tax rules to avoid paying as much as $2.8bn (£2.1bn) tax a year in developing countries, according to research by the anti-poverty charity ActionAid International. Facebook, Google and Microsoft have been accused of failing to pay a fair amount of taxes in poor countries where governments are struggling to provide even […]

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The one good thing in 2020 was suddenly cheap rent in Manhattan and San Francisco — but the bill could be up for cities soon

Rents in both Manhattan and San Francisco, the two most expensive cities in the US, have been plummeting amid the pandemic. It's a sign of mass outbound migration. Tens of thousands of residents have left cities for greener pastures, with "no incentive to return," according to Miller Samuel's CEO. This trend has been happening for years, according to experts. The […]

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Finally, some good news for tourism sector

Goa, Kerala, Maldives and Dubai are among the popular destinations. Pent-up demand coupled with the gradual easing of restrictions is giving hopes to the travel sector, which has been badly battered by Covid-19. The first signs of recovery were witnessed during the extended Gandhi Jayanti weekend, and travel companies and hotels are optimistic about further growth in the coming months. […]

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Digital Health Ecosystem Report: The top startups and companies capitalizing on transformative digital health industry trends in 2020

This is a preview of the Business Insider Intelligence The Digital Health Ecosystem premium research report. Purchase this report here. Business Insider Intelligence offers even more healthcare coverage with our Digital Health Briefing. Subscribe today to receive industry-changing health news and analysis to your inbox. Healthcare stakeholders can no longer lag on digital transformation, and tapping into innovation can sate convenience-hungry […]

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