Tag Archives: Boost

IMAX stock rises on revenue beat as ‘Maverick,’ ‘Dr. Strange’ boost theatrical return

IMAX stock rises on revenue beat as ‘Maverick,’ ‘Dr. Strange’ boost theatrical return

Editor’s Note: This post is breaking and will be updated IMAX (IMAX) reported its fiscal second quarter earnings on Thursday after market close as a healthy summer box office season helped the company deliver strong top-line growth, with revenue up 45% year-over-year. Here are IMAX’s second quarter results compared to Wall Street’s consensus estimates, as compiled by Bloomberg: “Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick” and “Jurassic World: Dominion” helped lift overall… Source link

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Two Yankees among bats to add for an offensive boost

Two Yankees among bats to add for an offensive boost

The following players are widely available in Yahoo Fantasy Baseball formats and may be worth grabbing, depending on your league’s depth. Hicks has three homers and two steals while batting .323 with more walks than strikeouts over eight games in July. The Yankees have remained patient with him all season (a .359 OBP thanks to an elite walk rate helps), and more power is finally starting to show. Hicks has 10 runs scored and eight RBI over the eight games this month, as counting stats will… Source link

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Musk’s Twitter takeover may boost Facebook, Google, Snap ad revenues

Musk’s Twitter takeover may boost Facebook, Google, Snap ad revenues

The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Elon Musk‘s private takeover of Twitter may boost ad revenue for YouTube, Snap, Facebook parent Meta and TikTok, analysts from several Wall Street firms said in recent notes to investors. Twitter, which announced it accepted Musk’s bid on Monday, has heavily relied on ad sales, which accounted for $1.41 billion, the lion’s share of its revenue, in the most… Source link

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Bank earnings expected to decline despite boost from Fed rate hikes

Bank earnings expected to decline despite boost from Fed rate hikes

Banks will kick off earnings season this week, with first-quarter results due out from a lineup of industry heavyweights led by JPMorgan Chase on Wednesday. The latest quarterly figures are expected to preface a lackluster year for bank profits despite the lift anticipated from higher interest rates. According to projections compiled by S&P Global Market Intelligence, U.S. bank earnings will fall by more than 8% in 2022 from last year, namely as the financial boost from releasing reserves… Source link

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Google is buying a company for half a billion dollars to boost cloud security

Google’s $500 million acquisition of Israel-based startup Siemplify is supposed to help the company bolster its own cloud security initiative, Chronicle, according to a report from Reuters. In a blog post announcing the deal, Google describes Siemplify as a security orchestration, automation, and response (SOAR) organization and plans to integrate its capabilities into Chronicle. “Siemplify allows Security Operation Center analysts to manage their operations from end-to-end”

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Google will pay top execs $1 million each after declining to boost workers’ pay

Google is giving four of its top execs a significant pay bump, raising their salaries from $650,000 to $1 million, just weeks after the company told staffers it wouldn’t automatically adjust salaries to account for inflation. The new executive salaries were disclosed in an SEC filing. The executives receiving the $1 million base salaries are chief financial officer Ruth Porat, senior vice president Prabhakar Raghavan (who is in charge of Google search); senior vice president and chief… Source link

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20 companies spending billions to boost their stock prices

The biggest companies in the world are using their significant cash piles to pump up their stock prices into year-end.  About 53.8% of third quarter stock buyback activity was fueled by the top 20 companies, according to new data from S&P Dow Jones Indices senior index analyst Howard Silverblatt. The top 20 list (see below) was headlined by a who’s who of the rich and powerful in corporate America: Apple, Alphabet, Meta, Oracle and Microsoft. These five companies alone repurchased a startling… Source link

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Google’s Australia investment could boost the nation’s A.I. scene

People gather for picnics beside the Harbour Bridge in the suburb of Kirribilli on September 19, 2021 in Sydney, Australia. Covid-19 restrictions have eased for people in NSW who are fully vaccinated. James D. Morgan | Getty Images News | Getty Images San Francisco, London, Montreal, Paris, and New York have all developed a reputation for being hotbeds of artificial intelligence research over the years. Sydney and Melbourne, Australia’s two biggest cities, have not. But that could be about to… Source link

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Biden administration just lifted a 19-month COVID-19 travel ban and this hotel is already seeing a major boost

The Biden administration lifting a COVID-19 related travel ban on international visitors on Monday is already proving to be a tailwind for hotelier Hyatt. “This is a momentous day. Reopening the borders for vaccinated travelers is a really great step to take forward and re-engage. The day the Nov. 8 date was announced, we saw an instant surge in bookings. By the way, this week was up 50% overnight in terms of bookings. It just demonstrates what we have seen in virtually every segment of our… Source link

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Vaccine requirement will help people feel safe at work, boost labor force participation

Secretary of Labor Marty Walsh says the Biden administration’s new vaccine requirements will help boost the labor force participation rate. On Friday, the Labor Department said the labor force participation rate was unchanged in October, at 61.6%. According to the Bureau of Labor Statistics, the participation rate has stayed between 61.4% and 61.7% since June 2020.  “We really have to focus on how do we bring confidence back to those folks that are just afraid of coming back,” said Walsh in… Source link

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