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TV Azteca Announces 5% Operating Profit Growth to Ps.3,073 Million in 2017

Feb 21, 2018 01:05 am UTC| Business

—EBITDA totaled Ps.4,090 million for the year— —The firm reinvention of TV Azteca, with agile and competitive content, resulted in 11% net sales growth in 2017, to Ps.13,829 million— —TV Azteca announced the sale of...

Fibra Inn Announces Resolutions of Extraordinary Shareholders’ Meeting

Feb 21, 2018 01:00 am UTC| Business

MONTERREY, Mexico, Feb. 20, 2018 -- Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) (ADR OTC:DFBRY) (“Fibra Inn” or “the Company”), a Mexican real estate investment trust...

Los Angeles Coalition Supports County Efforts to Streamline New Affordable Housing Units

Feb 21, 2018 00:55 am UTC| Business

LOS ANGELES, Feb. 20, 2018 -- The Los Angeles Coalition for Responsible Housing Solutions, an association of housing and property experts from across Los Angeles County, announced initial support for a motion introduced...

goeasy Ltd. Reports Results for the Fourth Quarter and Full Year

Feb 21, 2018 00:50 am UTC| Business

Record Revenues and Operating IncomeRecord Originations and Loan Book GrowthDividend Increase of 25% to $0.90 Per Share MISSISSAUGA, Ontario, Feb. 20, 2018 -- goeasy Ltd. (TSX:GSY), (“goeasy” or the “Company”), a...

Presidio Residential Capital Closes 16 Real Estate Transactions Totaling 1,107 Homes in 2017

Feb 21, 2018 00:44 am UTC| Business

SAN DIEGO, Feb. 20, 2018 -- Presidio Residential Capital showed a resilient investment presence in major markets in 2017, funding 16 new residential projects totaling 1,107 homes. “Year after year, our success is...

ProPhase Labs, Inc. Announces New Compensatory Arrangement With Chief Executive Officer and Termination of Stockholder Rights Plan

Feb 21, 2018 00:15 am UTC| Business

DOYLESTOWN, Pa., Feb. 20, 2018 -- ProPhase Labs, Inc. (NASDAQ:PRPH) (www.ProPhaseLabs.com), a vertically integrated and diversified branding, marketing and technology company with deep experience in over-the-counter...

Pomerantz Law Firm Announces the Filing of a Class Action against Wynn Resorts Limited and Certain Officers – WYNN

Feb 21, 2018 00:11 am UTC| Business

NEW YORK, Feb. 20, 2018 -- Pomerantz LLP announces that a class action lawsuit has been filed against Wynn Resorts Limited (“Wynn Resorts” or the “Company”) (NASDAQ:WYNN) and certain of its officers. The class action,...

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Economy

Asian Stock Markets Rise as Australian Shares Rally; Investors Eye U.S. Jobs Data and China Inflation

Asian stock markets posted modest gains on Wednesday, led by a strong rally in Australian shares, as investors weighed softer-than-expected Chinese inflation data and awaited key U.S. jobs figures that could influence...

Asian Currencies Rise as Dollar Weakens Ahead of U.S. Payrolls Data; Aussie Hits Three-Year High

Asian currencies strengthened on Wednesday as the U.S. dollar extended its recent decline ahead of closely watched U.S. nonfarm payrolls data. The softer greenback provided broad support across regional foreign exchange...

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

Yen Strengthens as Japan Election Boosts Confidence, Dollar Wavers Ahead of U.S. Jobs Data

The Japanese yen held onto solid gains on Wednesday, supported by a strong rally in Japans stock market and growing optimism over the countrys political outlook following Prime Minister Sanae Takaichis landslide election...

Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment

Oil prices edged slightly higher on Wednesday as traders remained cautious, balancing ongoing U.S.Iran nuclear talks with fresh geopolitical risks and upcoming U.S. inventory data. Brent crude futures gained 23 cents, or...

Politics

House Rejects GOP Effort to Block Challenges to Trump Tariffs in Narrow Vote

The U.S. House of Representatives rejected a Republican-led effort to block legislative challenges to President Donald Trumps tariffs in a razor-thin 217-214 vote on Tuesday, marking a significant political setback for...

Trump Executive Order Aims to Boost U.S. Coal Power Plants with Pentagon Support

U.S. President Donald Trump is expected to sign a new executive order directing the Pentagon to use federal funding and defense contracts to support struggling U.S. coal-fired power plants, according to a Bloomberg News...

FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates

The Federal Aviation Administration has confirmed that its contract with national security firm Peraton, the project manager for a sweeping $12.5 billion modernization of the U.S. air traffic control system, is valued at...

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...

SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...