Daily Management Review
Business & Finance

Pepsi Shares Fall As It Blames Global Macro Concerns For Weak Outlook

Due to weakness in the international markets, particularly in developing regions such as Asia, Middle East and North Africa, the 2017 adjusted earnings forecast was put below the estimates of analysts by PepsiCo Inc.   Noting a growth rate slower than the 3.6 percent in 2016, the company...

Climate Change Projects ‘Net-Negative’ Market Consequences: OECD Report

While, green business and clean energy trends progress to fight against climate change, there are opposing moves that pose hurdles before them. The present times seem to be both “hopeful” and yet “horrifying” for sustainable businesses, says Joel Makower.   ‘Great achievements’ in the said...

Commercial real estate investment in Europe peaked in 2016

In the fourth quarter of 2016, CBRE’s analysts noticed record high quarterly rate of investment in commercial real estate in Europe. The figure amounted to € 86.8 billion, which is 5% more than in the IV quarter of 2015. The German market, with € 19.8 billion of total transactions volume, was the...

Earnings, Nuclear Writedown Delayed As Toshiba Says It Is 'Not Ready'

Toshiba Corps’ shares were sent tumbling down sharply and the investors fret over the future of the Japanese conglomerate after the group unexpectedly delayed the release of its quarterly earnings and details of a multi-billion dollar writedown to its nuclear business.   On Tuesday, Toshiba...

Apple Pay Collective Bargaining Request Narrowed Down by Australian Banks

Australian banks will focus on gaining access to the U.S. tech company's contactless payment function, removing the fees Apple charges as a bone of contention and are seeking permission from the country's competition regulator to bargain collectively with Apple Inc over its mobile payment system,...

Here’s Why Houses Are The Priciest They’ve Been in Seven Years

A triple threat for the United States housing market this spring is being built up by still-moderate income growth, rising mortgage rates and bigger jumps in home prices.   The ingredients for a reversal are not there anytime soon as home affordability fell to the lowest level in seven years...

Sales Decline for Ivanka Trump Brand, Shows Internal Nordstrom Data: WSJ

According to internal Nordstrom data reviewed by The Wall Street Journal, with the declines deepening in the run-up to the U.S. presidential election, sales of Ivanka Trump’s fashion line tumbled 32% at Nordstrom Inc. last fiscal year.   The Nordstrom data show that...

London Operations Of Goldman Hedge Fund To Shift To The U.S. Along With The Staff Team

Sources inform that the move of Goldman from London has nothing to do with Brexit, while sources report to Reuters various upcoming possibilities at Goldman. The launch of “Goldman Sachs Investment Partners”, in short “GSIP”, in the year of 2008 still stands as “one of the biggest” in the history...

Nvidia's annual profit grew more than twice

Nvidia's net profit in the IV quarter of 2017 fiscal year increased by 21% QoQ and 216% YoY to $ 655 million. The figures were higher than analysts' expectations, but shares still fell. Nvidia's net profit in the IV quarter of 2017 fiscal year (ended 29 January) increased by 21% QoQ and 216% YoY to...

Market Consolidation Dealt a Blow as U.S. Court Blocks Anthem-Cigna Deal

Derailing an unprecedented effort to consolidate the country’s health insurance industry, a federal judge on Wednesday ruled against U.S. health insurer Anthem Inc's proposed $54 billion merger with smaller rival Cigna Corp.   Aetna Inc's planned $33 billion acquisition of Humana and...
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