Posts in tag

expectations


John William Doll, CPA, CFO of RWJBarnabas Health, detailed where the health system stands financially, why it hasn’t yet reached a ‘new normal,’ and how it will navigate a changing industry. For RWJBarnabas Health, the 11-hospital system based in West Orange, New Jersey, emerging from the pandemic is complicated. At the end of April, there …

The hotel fuses modern, sustainable industrial design principles while showcasing craftsmanship from the community and unique features of the property, a repurposed part of Amana’s still-in-use textile mill. Hotel Millwright is an ideal stay for guests who come to Amana for an immersive and unhurried experience honoring the community’s history and heritage — but still …

NEW YORK and TORONTO, Aug. 18, 2020 /PRNewswire/ — Financial advisors across the United States and Canada report fundamental changes to client relationships and business activity as they grapple with the lasting effects of the Covid-19 pandemic, according to a new survey from Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader. Seventy-seven percent of …

This article previously listed an inaccurate figure for IBM’s second-quarter earnings per share. It has been updated. International Business Machines Corp. shares gained in after-hours trading Monday, after the tech giant reported another decline in revenue but produced more profit and sales than Wall Street expected amid the COVID-19 pandemic. IBM IBM, +1.00% reported second-quarter …

BRUSSELS (Reuters) – British Prime Minister Boris Johnson will join a video-conference with EU leaders on Monday, keen to make headway in negotiations on a future UK-EU relationship, but officials in Brussels expect no breakthrough in the Brexit deadlock. FILE PHOTO: Small toy figures are seen in front of a Brexit logo in this illustration …

Tesla beat analysts’ estimates for first-quarter revenue on Wednesday and posted its third straight quarterly profit, as the electric carmaker recorded a solid number of deliveries during the period despite disruptions due to the coronavirus outbreak. Shares of the company were up nearly 2% at $813.77 in extended trade. The US response to the coronavirus …

Sci-fi authors have seriously damaged people’s expectations of future technologies, according to Omri Palmon, co-founder of data storage startup WekaIO Inc. Palmon participated in a panel discussion on artificial intelligence, held on Monday as part of Calcalist and Israel’s Bank Leumi’s Mind the Tech conference in Tel Aviv. The panel was hosted by Calcalist reporter …

Zealous marketing departments, capital-hungry startup founders and overeager reporters are casting the futuristic sheen of artificial intelligence over many products that are actually driven by simple statistics — or hidden people. Why it matters: This “AI washing” threatens to overinflate expectations for the technology, undermining public trust and potentially setting up the booming field for …

Tesla posted a surprise third quarter profit on Wednesday, sending shares surging by more as much as 12% in late trading.  Wall Street analysts polled by Bloomberg expect Elon Musk’s electric car company to remain unprofitable, a state it slipped back into earlier this year after two quarters of sustained profit. Here are the key …

Microsoft Corp. easily trumped expectations with an earnings report Wednesday afternoon that displayed double-digit percentage gains in profit and sales, but shares dipped in late trading as the Azure cloud business’s growth rate continued to decline. The most valuable public company in the U.S. reported fiscal first-quarter profit of $10.7 billion, or $1.38 a share, …