BA back in the black

first_img British Airways expects to deliver further growth in 2011 after posting its first profit in two years, helped by cost cutting and improved demand for premium class travel in the first half.BA, whose merger with Spain’s Iberia completes in January, on Friday reported a pretax profit of £158m for the six months to September 30 compared to a loss of £292m in the same period last year.The airline’s revenues grew 8.4 per cent to £4.44bn, while its yields – profitability per mile that a paying passenger travels – jumped 17.2 percent as businesses loosened the purse strings on their travel budgets.First and business-class travel – the most profitable part of BA’s passenger business – has increased steadily in recent months.Operating costs were cut by 1.5 per cent during the period.“While positive, the economic environment continues to be subject to uncertainty, to which the increase in Air Passenger Duty is unhelpful,” said BA’s Chief Executive Willie Walsh.“We continue to focus on managing our costs.”Global airlines have hiked their profit forecasts this year as the recession fades and traffic rises.IATA expects the industry to post a net profit of $8.9bn (£5.5 billion pounds), more than treble its previous forecast.BA last posted a profit in August 2008, prior to the financial crisis triggered by the collapse of Lehman Brothers. Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm BA back in the black Share Friday 29 October 2010 4:48 am center_img Show Comments ▼ John Dunne whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com whatsapplast_img read more

Why protesters need a reality check

first_img whatsapp Wednesday 10 November 2010 8:56 pm KCS-content Why protesters need a reality check Share Tags: NULL Show Comments ▼ More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comColin Kaepernick to publish book on abolishing the policethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp IT is a tragic day when the headquarters of a political party in a democracy are stormed by a lawless mob. That is what happened yesterday to the Tory HQ in Millbank; it almost happened at the Liberal Democratic base in Cowley Street. A minority of thugs in the crowd – possibly professional agitators of the sort that caused havoc at the G20 meetings in 2009 – turned violent; regrettably, the police failed to contain the violence properly, for reasons which remain unclear but which must urgently be investigated. The authorities need to be better prepared to deal with this sort of thing in the future and ensure that people and property are adequately protected.Student fees were first introduced by the Labour government. The £3,290 the universities are allowed to charge UK students ensures that virtually every institution loses money on every British student they accept. This makes no sense: graduates earn around £100,000 more over a lifetime than non-graduates (and often much more). The reforms to the original system proposed by the present government are hardly radical and include numerous safeguards to help the poor and those whose parents are from less well-off backgrounds (crucially, Labour’s fees didn’t discourage the poor, with demand for places from the less-well off continuing to rise). Unfortunately, even fees of £9,000 a year – the maximum allowed under the reforms – won’t be enough to allow the top UK universities to compete globally with the likes of Harvard, MIT and even now the best Chinese universities. In this area, as in others, the UK is in relative decline. It would be nice if tens of billions of pounds of free money could be conjured up out of thin air. As rational, grown-up strategies for plugging the budget deficit go, however, magic isn’t exactly what most economists would recommend. There is no such thing as a free lunch, which is why hard choices are now having to be made about public spending. Reasonable people can disagree about what the priorities should be; but nobody can deny that the government is spending close to 20 per cent more than it is collecting in tax. Countries that go on like that for too long eventually go bust.Mindsets must change in Britain: higher education needs to be seen as an investment, not as an opportunity to have a good time at taxpayers’ expense. That will mean that students will have to face more of the costs – and not merely enjoy the benefits – of their education. It also means that they will have to consider more carefully which degrees they wish to study. In return, they will be able to behave more like consumers, forcing the system to evolve. There will be more two-year degrees and more distance learning; for-profit companies need to enter the market, which is currently controlled by charities. More innovation and experimentation is needed. Students should embrace, not fear, the current, tentative moves towards the commercialisation of higher education. It is a shame yesterday’s protesters couldn’t see this. ECONOMIC HORROR STORYIf you like the sorts of arguments presented in this column, you will enjoy a brilliant polemic on Channel Four at 9pm tonight. It is called Britain’s Trillion Pound Horror Story and makes the case that to put Britain back on track we need to radically rethink the role of the state, stop politicians spending money in our name and introduce a flat tax. It’s great stuff. [email protected] last_img read more

Amgen eyes up £4bn deal

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Wednesday 17 November 2010 7:54 pm KCS-content Share Tags: NULL whatsapp Amgen eyes up £4bn deal whatsapp Show Comments ▼ SHARES in the Swiss drugmaker Actelion, which specialises in pulmonary hypertension drugs and has a market capitalisation of about $6.6bn (£4.2bn), were up yesterday morning on reports that the US biotech firm Amgen was studying a takeover offer.Actelion shares have gained 35 per cent since early October as takeover talk swirled, recouping most of this year’s losses following a series of drug setbacks.“A bid would make sense, Amgen is in an uncomfortable situation because sales have been eroding,” said Helvea analyst Olav Zilian, citing Actelion’s pulmonary arterial hypertension (PAH) treatment Tracleer as a potential $2bn a year drug by 2015.He added: “We expect their PAH franchise could extend well beyond 2015 with two late stage compounds to substitute Tracleer when the patent expires. And they have two mid-stage compounds, for auto immune disorders and allergic conditions, which would strengthen the Amgen pipeline.”Amgen has said it is looking to expand internationally and analysts have previously named Actelion as a potential target.Actelion’s efforts to reduce its dependence on key drug Tracleer, which treats a rare heart and lung disorder and rakes in more than $1bn a year, have been thwarted by a string of recent setbacks. Actelion’s stock closed up nine per cent at SwFr54.60. Amgen spokesman David Polk declined to comment. last_img read more

IMF: Act faster

first_img Share Wednesday 8 December 2010 8:51 pm whatsapp Tags: NULL IMF: Act faster THE head of the International Monetary Fund (IMF) Dominique Strauss-Kahn yesterday criticised European countries for reacting too slowly to the debt crisis. Speaking in Brussels, where finance ministers were debating whether to enlarge the Eurozone’s temporary emergency fund and how to set up a permanent one, Strauss-Kahn said: “It is not a good approach that for every country we find a separate solution.”He added: “The institutional organs of the European system likely need some improvement so as to react more quickly. They were not created to deal with crisis, they were created for more peaceful times.” whatsapp Show Comments ▼ Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof KCS-content last_img read more

Hungary Bank continues its feud

first_img Show Comments ▼ Monday 20 December 2010 7:30 pm Tags: NULL KCS-content The central bank of Hungary raised interest rates by a quarter of a per cent yesterday, bringing the rate to 5.75 per cent. The hike was attributed to above target consumer price index (CPI) inflation, which hit 4.2 per cent in November. Yet analysts say the rise signals an increase in tensions between the Bank and the government, which continues with exceptionally high taxes and “unsustainable” fiscal policies. whatsappcenter_img Hungary Bank continues its feud by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute Share More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com whatsapplast_img read more

Hands in £12m dividend from Terra Firma

first_img whatsapp Share KCS-content Show Comments ▼ whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndocenter_img Sunday 9 January 2011 10:48 pm PRIVATE equity tycoon Guy Hands has taken a £12m dividend from his Terra Firma investment vehicle despite a fall in operating profits.The payment is the first significant dividend payment by the company since its inception nine years ago, with all previous payouts under £25,000 a year.However, Hands takes his £12m, released from cash built up in Terra Firma, at a time when revenues at the firm fell from £47.8m to £32.7m in the year to March 2010. After-tax profits for the company totalled £2.3m, according to accounts, up from £1.9m a year earlier.Challenging circumstances at the company also led to 20 staff being cut.A source close to Hands yesterday denied reports suggesting he might be looking to relinquish his holding in EMI ahead of a mid-June deadline to meet banking covenants with lender Citigroup.The investment bank, which financed the Terra Firma buyout of EMI in 2007, is owed £3bn. Terra Firma would have to inject more equity to avoid a covenant breach, although it is not expected to do so.Two months ago Hands lost a court case in New York against Citi in which he claimed the bank had misled him into paying over the odds for EMI.He said the bank had told him a rival bidder was preparing an offer for the music group.Should Terra Firma fail to meet its banking covenants the bank could take control of EMI and sell the one-time record label behind the Beatles.Bidders for the music producer behind acts including Katy Perry and Coldplay could include rival record label Warner Music or US private equity group KKR. A spokesperson for Terra Firma last night declined to comment. Hands in £12m dividend from Terra Firma Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Signet gets boost from US sales

first_img Signet gets boost from US sales KCS-content Tuesday 11 January 2011 7:25 pm whatsapp Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Tags: NULL Share whatsapp Show Comments ▼ Signet Jewelers has reported an 11.7 per cent rise in like-for-like sales across its portfolio of US jewellery outlets, but said that comparable UK data was down 4.2 per cent. Signet’s UK brands, including H Samuel, account for 20 per cent of its global business. Chief executive Tony Burman attributed the poor UK results, which meant that global like-for-like sales saw a less impressive increase of 8.1 per cent, to bad winter weather that had kept shoppers away from stores. Signet said it expects income before income tax to be up between 25 per cent and 31 per cent this fiscal year, and expects adjusted earnings per share between $2.54 and $2.66. last_img read more

Renault escalates espionage probe to state investigators

first_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com whatsapp Tags: NULL A FRENCH state prosecutor is poised to launch an inquiry into industrial espionage at Renault after the carmaker filed a legal complaint alleging information was passed to a foreign power.France’s domestic intelligence service DCRI is expected to be handed the investigation by Monday, sources close to the matter told Reuters.Paris prosecutor Jean-Claude Marin said Renault lodged a complaint on counts of organised theft, aggravated breach of trust and passing intelligence to a foreign power, yesterday.The move, which sets the scene for a lengthy judicial process, follows the suspension last week of three executives suspected of leaking information about its high-profile electric vehicle programme.The carmaker said yesterday that it had discovered serious misconduct, detrimental to its “strategic, technological and intellectual assets”.Its complaint was against “persons unknown”, implying all those involved may not yet have been identified.Renault did not name the foreign power in its complaint, but did identify foreign private companies, Renault’s lawyer Jean Reinhart said.Renault Chief Operating Officer Patrick Pelata has said the carmaker had fallen victim to an organised international network but key electric vehicle technology is safe.The Paris prosecutor, who is linked to the state, can either open a preliminary investigation that he oversees, or a judicial inquiry that would be entrusted to an independent magistrate.France has dubbed the case “economic warfare” and is considering tightening up legislation to protect companies.The scandal has threatened to harm improving relations between France and China, after a government source said intelligence services were looking into a possible connection with China as part of initial checks before the official probe. Renault escalates espionage probe to state investigators Show Comments ▼ whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads alison.lock Share Friday 14 January 2011 1:47 pm last_img read more

Land Rover sales boost Tata Motors

first_img Show Comments ▼ Tuesday 15 February 2011 8:03 pm Land Rover sales boost Tata Motors DEMAND for luxury four-by-four cars is booming, according to sales figures from Jaguar Land Rover parent Tata Motors published yesterday.Global sales at Land Rover, where top-notch Range Rover models retail for up to £86,000, jumped 30 per cent in January compared with January 2009, to 17,321 cars.Jaguar sales climbed more slowly, rising three per cent in January to 3,056 worldwide, resulting in an overall 25 per cent hike in luxury brand car sales year-on-year.The growth far outstripped Tata Motors’ overall global car sales, which rose 16 per cent to 98,998 in January. Sales of passenger vehicles rose 17 per cent to 53,183 cars.The figures follow Tata Motors’ third-quarter results last Friday that showed 22 per cent revenue growth and a 58 per cent jump in operating profit in the three months to December 31, compared with the same quarter in 2009.Jaguar Land Rover “continued to show strong profitability”, the company said in the results statement, making £275m profit after tax as the market improved and customers snapped up its new designs.” Tata Motors is India’s biggest carmaker with $20bn (£12.5bn) revenues in 2009. Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap whatsapp whatsapp Share KCS-content Tags: NULLlast_img read more

Barrick rises on soaring prices

first_img whatsapp Barrick Gold reported a stronger-than-expected quarterly profit yesterday as increased sales volumes and record-high gold and copper prices offset higher production costs. Excluding one-time items, earnings rose to $947m, or 95 cents a share, from $604m, or 61 cents. Quarterly revenue for the Canadian miner also came in much higher than expected, rising 25 per cent to $2.95bn, largely driven by a 22 per cent increase in the average realised gold price. Share Tags: NULL Thursday 17 February 2011 8:04 pm Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap whatsappcenter_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamBetterBe20 Stunning Female AthletesBetterBe Show Comments ▼ Barrick rises on soaring prices last_img read more