Cenovus Energy Posts Narrower Operating Loss In Q4 – Quick Facts
Cenovus Energy Inc. (CVE.TO,CVE) reported a fourth-quarter operating loss per share of C$0.13 compared to a loss of C$1.36, prior year. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of C$0.10, for the quarter. Analysts’ estimates typically exclude special items. Operating loss from continuing operations narrowed year-on-year to C$164 million from C$1.67 billion.
For the first quarter of 2020, the Board declared a dividend of C$0.0625 per share, payable on March 31, 2020 to common shareholders of record as of March 13, 2020.
CORRECTED-Brazil December retail sales fall 0.1% from November
(Corrects to say retail sales fell 0.1% in December, not rose 0.1%)
BRASILIA, Feb 12 (Reuters) – Retail sales volumes excluding cars and building materials in Brazil fell 0.1% in December from November, government statistics agency IBGE said on Wednesday, much weaker than the median estimate in a Reuters poll of economists of a 0.2% rise.
Sales grew 2.6% from the year-earlier period, less than the expected 3.5% increase in the Reuters poll, while over the course of calendar year 2019 sales rose 1.8%, IBGE said. (Reporting by Jamie McGeever)
Ex-Labor Secretary Exposes The Truth Behind One Of Donald Trump’s ‘Biggest Whoppers’
Robert Reich in a new video breaks down how President Donald Trump has failed to deliver on one of his big 2016 campaign promises — to “drain the swamp” by eliminating government corruption.
It “seems like forever ago” that Trump made the vow, the former labor secretary in President Bill Clinton’s administration says in the four-minute explainer that he posted online Tuesday.
“It turns out that was one of the biggest whoppers in modern American politics,” continues Reich, who has become a fierce critic of the Trump administration.
He then notes five ways Trump has “made the swamp even swampier” — from packing his administration with former lobbyists and corporate executives to catering to megadonors and industry titans instead of the American people.
Check out the clip here:
Insight Enterprises Guides FY20 Above Estimates – Quick Facts
While reporting financial results for the fourth quarter on Wednesday, Insight Enterprises, Inc. (NSIT) initiated its adjusted earnings and net sales growth for the full year 2020.
For fiscal 2020, the company now projects adjusted earnings in a range of $6.55 to $6.65 per share on net sales growth of 20 to 25 percent, including the results of PCM.
On average, analysts polled by Thomson Reuters expect earnings of $6.21 per share on net sales growth of 19.90 percent to $9.35 billion for the year. Analysts’ estimates typically exclude special items.
Interpublic Group Of Companies Hikes Quarterly Dividend By 9% – Quick Facts
While reporting its financial results for the fourth quarter on Wednesday, Interpublic Group of Companies Inc. (IPG) said its board of directors approved a 9 percent increase in the quarterly dividend.
The company’s board of directors declared a common stock cash dividend of $0.255 per share, payable quarterly to holders of record on an ongoing basis. During 2019, the company paid four quarterly cash dividends of $0.235 per share on its common stock.
For fiscal 2020, IPG projects organic growth of 3 percent and to further improve EBITA margin by an additional 20 basis points.
More needs to be done to prevent systemic violence, Trudeau says in Senegal
Prime Minister Justin Trudeau says the world needs to do more to prevent repeating the horrors of history.
Trudeau is visiting Goree Island in Senegal this morning.
The island was one of the largest slave trading centres on the African coast.
Trudeau says it is a time to reflect on the horrors humans inflicted in the past.
Politico’s Bernie Sanders Portrait Looks Just Like Chevy Chase, People Say
Bernie Sanders won the Democratic presidential primary in New Hampshire Tuesday ― or did he?
A Politico portrait declaring the Vermont senator the victor looked an awful lot like Chevy Chase, according to Twitter users.
Chase, the former “Community” star and “Saturday Night Live” trouper, trended so hard that some people on social media feared he had died.
Fortunately Chase, 76, was alive and apparently triumphing in an election that he had no part in.
Here’s Twitter yukking it up:
COVID-19 case tally: 45,171 cases of the novel coronavirus, 1,115 deaths
There are now 45,171 confirmed cases of COVID-19, the disease caused by the novel coronavirus that was first identified in late 2019 in Wuhan, China, in 25 countries and at least 1,115 deaths, according to the latest figures from the World Health Organization. The number of newly reported cases, while still increasing each day, is growing at a slower rate than it was a week ago. Only one death has been reported outside of China, in the Philippines. In the U.S., there are 13 confirmed cases, with the most recent case in San Diego, according to the Centers for Disease Control and Prevention.
IQVIA Holdings Guides FY20 In Line With Estimates – Quick Facts
While reporting financial results for the fourth quarter on Wednesday, life sciences services company IQVIA Holdings Inc. (IQV) initiated its adjusted earnings and revenue guidance for the first quarter and for the full-year 2020.
For first quarter, the company expects adjusted earnings in a range of $1.59 to $1.65 per share and revenues between $2.79 billion and $2.84 billion.
On average, analysts polled by Thomson Reuters expect earnings of $1.72 per share on revenues of $2.87 billion for the quarter. Analysts’ estimates typically exclude special items.
For fiscal 2020, the company now projects adjusted earnings in a range of $7.15 to $7.35 per share and revenues between $11.775 billion and $12.00 billion. The Street is looking for earnings of $7.25 per share on revenues of $11.84 billion for the year.
The company said it has evaluated to the best of its ability the potential impact of the coronavirus outbreak, and this guidance includes an estimated revenue impact of $25 million, most of which is expected to drop to profit and all of which is assumed to occur in the first quarter.