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Pandemic weighed heavily on Smithfield Foods' second quarter

2020-08-11 20:10:00| National Hog Farmer

Company incurred both direct and indirect incremental expenses related to COVID-19 totaling $350 million during the second quarter.

Tags: quarter heavily weighed pandemic

 

Liberty Global revenues rise 1.2% in Q4, again weighed by Belgium, Switzerland

2019-02-28 09:25:00| Telecompaper Headlines

(Telecompaper) Liberty Global noted that it has put its operations in Germany, Hungary, Romania and the Czech Republic, along with its DTH operations and its former operations in Austria, plus the LiLAC Group, into discontinued operations. The company said that together, all the disposals represent a total enterprise value of USD 31 billion and net cash proceeds to the company, when completed, of USD 16 billion. The company will continue to be the largest cable operator in the UK, Ireland, Belgium, Poland and Slovakia, and also generate RGUs and revenue from its VodafoneZiggo joint venture in the Netherlands. The sale of Vodafone is still on track, with completion seen happening in mid-year. The company also started a broad reorganisation plan in January aimed at streamlining its operating structure. 

Tags: global rise switzerland belgium

 
 

Deutsche Bank Weighed Extending Trump Loans on Default Risk

2019-02-20 18:31:46| National Real Estate Investor

Lenders at Deutsche Bank were concerned about the optics of trying to foreclose on assets of a sitting president if Trump Organization were to face defaults.

Tags: bank risk default deutsche

 

How higher cotton prices have weighed on demand

2017-07-11 13:18:00| Daily apparel & textile news and comment - from just-style.com

High prices and lower import levels suggest the market, for now at least, is moving away from cotton. Robert Antoshak, managing director at Olah Inc takes a closer look. 

Tags: on prices higher demand

 

Stocks sink, weighed down by another drop in price of oil

2016-02-03 13:55:20| Energy - Topix.net

Another steep drop in the price of oil weighed on global markets Tuesday. Investors remained deeply concerned about the global economy following this week's disappointing Chinese and U.S. manufacturing data.

Tags: of price oil drop

 

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