Thursday, Nov 21, 2024

International Finance

Tag : share

Banking

GM expects earnings growth again in 2017

International Finance Desk
by International Finance Desk
US auto major increases stock repurchase program January 12, 2017: General Motors Co. (NYSE: GM) said it expects its 2017 earnings per share (EPS) diluted-adjusted to increase to $6.00-$6.50, up from its 2016 calendar-year outlook of $5.50-$6.00. In 2017, the company also expects to maintain or improve EBIT-adjusted and EBIT-adjusted margin on higher revenues, compared to 2016, and...
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Economy

India clears historic GST Bill

International Finance Desk
by International Finance Desk
Likely to benefit through growth in investments and revenue August 4, 2016: With the passage of the Goods and Services Tax (GST) Constitutional Amendment of Bill in the Upper House of Parliament on August 4, a decade-long wait finally came to an end. Many term it as the next big reform in India after liberalisation...
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Business Leaders

SoftBank to sell Alibaba shares, raise $7.9 billion

International Finance Desk
by International Finance Desk
But will continue to be the largest shareholder of the ecommerce giant June 3, 2016: Japan’s SoftBank announced that it will sell at least $7.9 billion in shares of China-based ecommerce giant Alibaba to raise capital. Softbank is Alibaba’s largest shareholder. It owns about 32 percent of the shares. The transactions will bring the figure...
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