After aggressive cost-cutting measures, including mass layoffs and selling several of its businesses, WeWork’s chairman expects the company to have positive cash flow in 2021. Marcelo Claure, who became WeWork’s chairman after co-founder Adam Neumann resigned as chief executive officer … Read more…
Tag: expects
Dubai Tourism Chief Expects Tourism Bounce-Back by Year End
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Real estate CEO expects ‘exodus’ of central business districts to last the next two years
As some residents and businesses migrate to the suburbs amid the pandemic, Marcus & Millichap’s Hessam Nadji sees a downtown rebound similar to that in the years after 9/11. Real Estate BEST DEAL UPDATE:
Schnitzer Steel Expects To Report Results In Single Operating Segment In Q1 2021
While reporting its third-quarter financial results on Wednesday, Schnitzer Steel Industries, Inc. (SCHN) it is transitioning from its multi-divisional organizational structure to a functionally-based, integrated operating model, as it announced last quarter. The company noted that the transition will reflect … Read more…
Morgan Stanley is bullish on Singapore stocks and expects 14% returns
Investors could increasingly be looking to Singapore as a safe place to invest in as uncertainty roils the region, the investment bank said. International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription … Read more…
Woj expects many players will sit out for the restart of the 2019-20 NBA season | SportsCenter
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Kroger Expects To Exceed FY20 Guidance For Adj. Earnings, Same-store Sales
While reporting its financial results for the first quarter on Thursday, Kroger Co. (KR) said it is not reaffirming or providing new guidance for fiscal 2020 due to the difficulty in predicting specific outcomes amid the coronavirus pandemic. RTT – … Read more…
AMC Entertainment Expects To Be “Fully Opened Globally” In July, Posts Expected, Massive Q1 Loss
Giant exhibitor AMC Entertainment said net losses swelled to $ 2.18 billion, including massive non-cash impairment charges, for the first quarter of the year from a negative $ 130 million the year … news entertainment – BingNews BEST ENTERTAINMENT UPDATE:
AMC Entertainment Expects To Be “Fully Opened Globally” In July, Posts Expected, Massive Q1 Loss
Giant exhibitor AMC Entertainment said net losses swelled to $ 2.18 billion, including massive non-cash impairment charges, for the first quarter of the year from a negative $ 130 million the year … news entertainment – BingNews BEST ENTERTAINMENT UPDATE:
JetBlue CEO expects domestic travel to recover before international
Robin Hayes, JetBlue CEO, joins ‘Power Lunch’ to discuss the state of the airline industry, what it’s like to fly post-coronavirus and his expectations for this air travel this summer. Travel BEST TRAVEL DEAL: Find Great Deals At Radisson’s Official … Read more…
Kudlow Expects More People to Return to Work in June, July
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Donaldson Expects May Sales To Be Down 20% – Quick Facts
While reporting financial results for the third quarter on Tuesday, Donaldson Co. Inc. (DCI) said sales for the month of May 2020 is expected to down 20 percent, reflecting relative outperformance in replacement parts versus new equipment, and, on a … Read more…
Aritzia sees sales grow 6% in Q4, expects 45% decline in Q1
The Canadian fashion retailer has announced a 6.3% increase in fourth-quarter sales thanks to a strong performance from its e-commerce business, but anticipates significant declines in the first quarter due to Covid-19. News – FashionNetwork.com USA BEST DEAL UPDATE:
Portugal expects a ‘substantial change’ in its finances after posting its first surplus in 45 years
The country achieved a budget surplus of 0.2% of its gross domestic product in 2019 — its first surplus since 1975. Europe News BEST DEAL UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…
Jack Del Rio has high praise for Chase Young, expects big things from Redskins’ line
Says Washington’s new defensive coordinator of the No. 2 overall pick: “I think the sky’s the limit for him.” Sports BEST DEAL UPDATE:
Novavax expects results from new human trial of coronavirus vaccine in July
Novavax Inc. initiated testing of its coronavirus vaccine candidate in people and anticipates providing a first look in July at what sort of immune responses are generated. In the first part of the study, 130 healthy adult volunteers at two … Read more…
White House economist expects US to see ‘highest growth’ ever in 3rd quarter
White House economists say they believe the third quarter of 2020 will be the best in US history — channeling new optimism as states reopen following coronavirus lockdowns. Kevin Hassett, a senior adviser to President Trump, told reporters on Friday … Read more…
Macy’s Expects $1 Billion USD Loss Amid Coronavirus Pandemic
According to a statement issued to investors on Thursday, American department store chain Macy’s is now expecting a loss in Q1 2020 of between $ 905 million USD to $ 1.11 billion USD. The massive loss can be attributed largely … Read more…
Facebook Expects Half Of Its Workforce To Be Remote By 2030
Mark Zuckerberg said that transition to remote work was a prediction of the company’s future and not a target they were trying to hit. Business – News, Opinion and Analysis SPECIAL DEALS:
Asda gets Q1 sales boost, CEO expects resumption of stake sale talks when Walmart ready
British supermarket group Asda got a sales boost in the first quarter from consumers stocking up before the coronavirus lockdown but it also highlighted that 90% of its shoppers now fear an economic depression. News – FashionNetwork.com USA BEST DEAL … Read more…
Horse racing: French racing authority expects more disruptions
France’s horse racing authority has said it expects government measures to be announced in the coming days that will halt racing in COVID-19 “red zones”. Reuters: Sports News FASHION UPDATE:
NFL expects coronavirus cases to pop up as reopening begins
The NFL isn’t expecting to strike out coronavirus. Some facilities around the league, in states where it is permitted by the government, reopened Tuesday for a limited number of employees — who undergo daily temperature screenings. Coaches and most players … Read more…
Marriott CFO expects regional business to pick up first as states relax coronavirus restrictions
Regional destinations that guests can get to by car will be the first to rebound, Marriott CFO Leeny Oberg told CNBC on Monday after the hotel operator reported dismal earnings. Travel BEST TRAVEL DEAL: Find Great Deals At Radisson’s Official … Read more…
Toyota expects annual operating profit to drop 80% as virus saps car sales
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars. Reuters: Business News SPECIAL … Read more…
