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Here are eight Buffett-approved businesses built for the long haul.
Wells Fargo spokesman Peter Gilchrist said participation in the voluntary rebate would not be considered when awarding future contacts. The bank is expected to issue a new request for business proposals from its IT vendors in the first quarter of next year. Chief Financial Officer John Shrewsberry recently pointed to professional services, or work by consultants, as a expense line that analysts and investors can expect to be reduced in the next quarter.
While 2030 has been earmarked as the breakthrough year for autonomous vehicles, several industry leaders believe self-driving cars remain little more than a pipedream
British-based digital banking app Revolut is in talks with investors to raise at least $500 million next year to fund a global hiring spree as it expands in markets including the United States and Japan. "We want to raise at least $500 million in direct equity and potentially, maybe at a later stage, up to $1 billion in convertible (debt)," its CEO and co-founder Nikolay Storonsky told Reuters in an interview on Tuesday. "We have done soft marketing with investors and we are continuing doing it, so hopefully in the next several months, we'll get it done," Storonsky said of the fund raising.
Ericsson (ERIC) allies with Zain to launch advanced 5G services by investing in digitization to empower enterprise and industry customers in Bahrain.
Ribbon Communication (RBBN) reinforces the long-term business relationship with Colt Japan by augmenting the latter's service capabilities across the country.
Juniper (JNPR) Partner Advantage 2020 is designed to provide partners with the tools required to tap on major growth trends in the enterprise through expected revenue sources.
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co to pay more than $14 million to settle charges it provided "misinformation" when conducting a large foreign exchange trade with a counterparty, the agency said in a statement on Friday. The CFTC said it ordered Wells Fargo Bank NA to pay a civil monetary penalty of $10 million and restitution of $4.475 million, and required the bank to cease and desist violating the CFTC's business conduct standards. In a statement, Wells Fargo said it cooperated with the CFTC and was pleased to have resolved the matter.
LGBTQ Loyalty Holdings recently launched an index comprised of 100 LGBTQ equality-driven companies. The index includes Cisco Systems, Coca-Cola, Apple, Microsoft, Amazon, and Netflix.
Cincinnati Bell's (CBB) third-quarter overall revenues fall year over year due to lower revenues at Entertainment and Communications segment.
The Zacks Analyst Blog Highlights: Toyota Motor, Fiat Chrysler, General Motors, Ford, LKQ and BorgWarner
TELUS' (TU) third-quarter results reflect customer growth across its wireless and wireline business segments, driven by mobile phone and wireline additions, and rise in connected device subscribers.
Daley, who was named vice chairman of public affairs, will report directly to Scharf and joins the fourth-largest U.S bank from Bank of New York Mellon, where Scharf was chief executive officer prior to his latest assignment.
While the proposed tie-up between Fiat-Chrysler (FCAU) and PSA is likely to lead to the creation of the world's fourth-largest carmaker, UAW-Ford (F) deal largely mirrors the UAW-General Motors contract.