Not content with taxing the recreational and social clubs, the Bureau of Internal Revenue (BIR) set its eyes, this time, on the condominium associations. Similar to the recreational clubs, it slapped them with income tax and VAT on their …
Unlike most companies, Amazon has a stock that seems immune to worries about falling profits. The company’s approach, after all, is to invest today’s earnings into tomorrow’s revenue growth. Even so, the decline in Amazon’s …
Cruise operators slumped anew Friday after a Wall Street analyst warned that natural disasters and geopolitical risks could tamp down bookings. , the largest pure-play U.S. cruise operator by market value, plunged 4.5% after analysts at …
Profit growth is declining, and given that stocks are trading near record levels, any currency shock out of Asia makes the market particularly vulnerable and could send the U.S. into recession as job growth and investment vanish. That\’s the …
NEW YORK (CNNMoney) --Tesla just unveiled one of its most unusual feats yet: turning a profit. Tesla posted a profit of $22 million for the third quarter, which is just the second time it has ever been in the black. Its only other quarterly …
SAN FRANCISCO — Microsoft’s focus on business software and online services paid off with a surprisingly high profit in its latest quarter, putting its stock on a trajectory toward its all-time high. The fiscal first-quarter results released …
General Motors expects earnings to rise 8% to 9% in 2017 and will buy back an additional $5 billion worth of its own shares, according to a presentation to analysts this afternoon. The automaker sees clear sailing in North America, even …
Equifax has prospered quietly under his leadership. Annual revenue and profit essentially tripled during his tenure. The stock has done even better, soaring 332% before its recent plunge following news of the hack. The credit scoring giant …