Capital Account – A Camet http://acamet.org/ Sun, 20 Nov 2022 15:16:10 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://acamet.org/wp-content/uploads/2021/04/a-camet-icon-150x150.png Capital Account – A Camet http://acamet.org/ 32 32 My Capital One SavorOne Card Approval Experience https://acamet.org/my-capital-one-savorone-card-approval-experience/ Sun, 20 Nov 2022 15:16:10 +0000 https://acamet.org/my-capital-one-savorone-card-approval-experience/
In the interest of full disclosure, OMAAT earns a referral bonus for anyone approved through some of the links below. These are the best publicly available deals (conditions apply) we’ve found for each product or service. The opinions expressed here are those of the author alone, and not those of the bank, credit card issuer, airline, hotel chain or product manufacturer/service provider, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please see our Advertiser Policy for more details on our partners, and thank you for your support!

Link: Apply Now for the Capital One SavorOne Cash Rewards Credit Card

I just got approved for my last credit card, the Capital One SavorOne Cash Rewards Credit Card (review). In this article, I wanted to share why I applied, what my application experience was like, and talk about my overall view of applying for Capital One credit cards.

Why I applied for Capital One SavorOne

There are many reasons to get the Capital One SavorOne, but here is the fundamental value proposition:

  • The card offers a welcome bonus of $200 after spending $500 within three months
  • The card offers 3% cash back on restaurants, groceries, entertainment and select streaming services, all with no foreign transaction fees
  • Capital One and Uber have a partnership, and until November 14, 2024, the card offers free Uber One membership, plus 10% cash back with Uber and Uber Eats
  • In conjunction with other Capital One cards, rewards earned on the card can be converted to Capital One miles at the rate of one cent per mile, making this a great card for maximizing Capital One miles (I rate the Capital One miles at 1.7 cents each, for what it’s worth)

Why did I choose this card, in my particular situation? There are definitely bigger welcome bonuses, and I already have plenty of good cards to maximize restaurant and grocery spending. For me it’s quite simple:

  • Otherwise, I’m paying for an Uber One membership, so getting it free until November 2024 is about $200 worth to me
  • I spend quite a bit of money with Uber and Uber Eats, so being able to earn 10% cash back (which I’ll convert to 10x Capital One miles, and worth around 17% back) is an amazing return on these expenses, and will earn me tens of thousands of Capital One miles
  • The $200 cash back welcome bonus (which I’ll convert to 20,000 Capital One miles) is the icing on the cake
  • The Capital One SavorOne has had some helpful limited-time partnerships in the past, and hopefully we’ll see more in the future.
  • Ultimately, keeping cards long-term is great for your credit, and I try to do this with no annual fee whenever possible; So I consider getting useful cards with no annual fee an important part of a balanced credit card strategy.

This card is truly an exceptional complement to the Capital One Venture X Rewards (review) credit card and a great part of an overall Capital One card strategy.

Redeem Capital One Miles for Emirates A380 First Class

My Capital One SavorOne application experience

What was my experience applying for the Capital One SavorOne? For what it’s worth, this is my third application for a Capital One card in about a year.

I find the Capital One credit card application process to be quite straightforward. In all honesty, being lucky to get instant approvals on Capital One cards doesn’t hurt that perception, though. 😉

The application consisted of three different information pages. The first page asked for basic personal information, like my name, date of birth, and social security number.

Capital One SavorOne App

The second page asked for my residential address, email address and phone number.

Capital One SavorOne App

The third page asked for information on my basic income, as well as my monthly rent or mortgage. This page also asks you how much you typically spend per month and also has optional questions.

Capital One SavorOne App

Then there were a few pages of disclosures and a summary of my application. I then clicked submit and received instant, unbeatable approval!

Capital One SavorOne Approval

I could then immediately link my new card to my existing Capital One online account, so I could start managing my account.

What are Capital One’s application restrictions?

Anecdotally, Capital One has very few consistent application restrictions. For context, I applied for the Capital One Venture X Rewards credit card (review) about a year ago and then applied for the Capital One Spark Cash Plus (review) about nine months ago. I got instant approval in each case.

You should be eligible for the welcome bonus on the Capital One SavorOne if you have another type of Capital One card, although you are not eligible if you have that exact card or have had that exact card in the past.

The only thing to know is that Capital One can sometimes be eccentric with endorsements. While many report being lucky to be approved for Capital One cards, others with excellent credit are unlucky, and it can sometimes be hard to figure this out.

I’m excited to earn more travel rewards with Capital One

At the end of the line

I’m always happy when I can get a card with no annual fee like the Capital One SavorOne, which will help my credit in the long run and also add value for me. With Capital One’s new partnership with Uber, getting this card was a no-brainer, especially in conjunction with Capital One Venture X.

Not only can I win the $200 welcome bonus, but I will also get an Uber One subscription for almost two years (worth $200), and I will also receive 10% cash back (which I will convert to 10x Capital One miles) for my Uber and Uber Eats expenses, which will really add up.

Anyone else planning on getting the Capital One SavorOne?

]]>
Investors use retained earnings to increase share capital https://acamet.org/investors-use-retained-earnings-to-increase-share-capital/ Thu, 17 Nov 2022 09:04:52 +0000 https://acamet.org/investors-use-retained-earnings-to-increase-share-capital/
  1. What is retained earnings?

Retained earnings or retained earnings after tax is a term reflecting the results of production and business activities of a company. Owners/contributors/shareholders or a third party can assess the profit or loss of a business enterprise during the respective financial year.

Terms of profit distribution: the profits are used to distribute to the owners/contributors/shareholders of the company after fulfilling the tax and other financial obligations prescribed by law and to ensure full payment of debts and other property obligations due after the distribution benefits.

Incentive period: according to the provisions of the Company’s Charter.

  1. Legal regulations on the form of capital increase contributed on the basis of retained earnings
    1. For companies with 100% Vietnamese capital

A company can increase its share capital in the following cases:

  • Increase in the capital contribution of the partners: clause 1, article 68 of the law on companies
  • The owners of the business contribute additional capital. The owner of the company decides on the form of the increase and the increase in the share capital: clauses 1 and 2, article 87 of the Company Law
  • Offer of shares to existing shareholders – Clause 1, Article 124 of the Companies Act

Regarding the form of capital increase, the law does not specify or limit the specific forms of capital contribution. Therefore, owners/capital contributors/shareholders can contribute capital through the conversion of retained earnings is not against the law.

In addition, for the conversion of retained earnings into capital, the tax law provides the following:

  • Taxable income Personal income: Income from capital gains or stock dividends is income from invested capital and is subject to personal income tax (article 2.3.g Circular 111/2013/TT – BTC)
  • Time of determination of taxable income: The time of determination of income from capital investment is when an individual transfers capital, withdraws capital or from when an individual transfers shares. (Article 10.3.a,b Circular 111/2013/TT – BTC)
  • Taxpayers who report and pay tax: Individuals who receive stock dividends or recognized capital gains are not required to report and pay capital investment tax upon receipt. When transferring capital, withdrawing capital and dissolving businesses, natural persons must declare and pay personal income tax on capital transfer income and capital investment income. (Article 26.9 Circular 111/2013/TT-CTB). Organizations where natural persons have contributed capital/where natural persons are shareholders who receive stock bonuses are responsible for reporting and paying tax on behalf of capital investment income when natural persons transfer capital/transfer securities, capital withdrawals (article 7.5.d Decree 126/2020/ND-CP)

Thus, it can be seen that the company law does not specifically stipulate the form of capital contribution with profit, but the tax law provides for this form through the regulation of tax obligations and the time of declaration of tax on Income.

  1. For enterprises with foreign participation

For owners/capital contributors/shareholders who are foreign investors, the capital contribution to the company must be in accordance with Article 24 of the Investment Law. Forms of capital contribution and purchase of shares include:[1]

  1. Purchase of shares issued for the first time or issued additionally by a joint-stock company;
  2. Contribute capital to a limited liability company or a partnership;
  3. Contribute capital to other economic organizations other than those specified in points a and b of this clause.

For the provision of capital to foreign investors, the capital provision must be made through the direct investment capital account or the indirect investment capital account (“Capital account”). Therefore, in case a foreign investor contributes capital, it is necessary to transfer the profits to the corresponding capital account.

However, the revenue and expenditure transactions related to the capital account on the receipt of profits and the recognition of the capital contribution by investors are not specified. Therefore, in order to transfer profits from the current account to the capital account and record the capital contribution of the investor, the company should contact the bank where the capital account is opened to seek advice and comply with the provisions of this law. banks before initiating capital increase procedures with the Planning and Investment Department.

  1. Capital increase registration deadline

According to Clauses 1, 2, Section 30 and Clause 4, Section 28 of the Companies Act, a company must register with the Companies Registration Agency when changing its registered capital with the company in the 10 days from the date of the change. Specifically:

“Article 30. Registration of changes to the company’s registration certificate

  1. A company must register with the business registration authority when change content of its business registration certificate as prescribed in Article 28 of this Law.
  2. Businesses are responsible for recording changes to the contents of the business registration certificate within 10 days of the date of the change.”

As such, owners/contributors/shareholders must register with the business registration authority to amend the business registration certificate within 10 days from the date of completion of use retained earnings to raise capital.

]]>
Sorrell’s S4 Capital defies tech turbulence to maintain momentum https://acamet.org/sorrells-s4-capital-defies-tech-turbulence-to-maintain-momentum/ Mon, 14 Nov 2022 10:15:00 +0000 https://acamet.org/sorrells-s4-capital-defies-tech-turbulence-to-maintain-momentum/
  • Digital advertising group says it maintained momentum in the third quarter
  • Reiterates full-year earnings forecast
  • Stocks rise up to 9%

LONDON, Nov 14 (Reuters) – Martin Sorrell said his digital advertising group S4 Capital (SFOR.L) maintained momentum in a third quarter marked by disappointing results from major platforms including Alphabet’s Google (GOOGL.O) and Facebook Meta (META.O). read more read more

“The outlook for Alphabet, Meta, Amazon in particular, and for TikTok is not as good as it was – there has been a slowdown in growth – but it continues to be quite strong,” he said. he told Reuters on Monday.

“And on the other side, in technology services and digital transformation, most predictions are around 20-25% growth over the next four or five years, so we think we’re well positioned to leverage those two things.”

S4, launched by Sorrell in 2018 after leaving the world’s largest advertising group, WPP, said like-for-like gross profit/net revenue increased more than 29% in the three months to the end of September, the now on track for 25% growth for the year.

It said it would produce operating base revenue of around 120 million pounds ($142 million) this year, in line with a reduced forecast in July, reflecting the costs of a hiring spree.

S4 shares rose 9% to 229 pence in early trades, the highest level since the summer downgrade.

Sorrell said Twitter and Snap, which each make up about 1% of the digital ad market, weren’t a good indicator for the industry.

He said advertisers were suspending spending on Twitter while they waited to hear how new owner Elon Musk would moderate content.

Musk had three main issues, Sorrell said, including ad revenue and content moderation, the loss of good people in recent layoffs, and opportunity costs for his other businesses like Tesla (TSLA.O) and SpaceX.

“But it doesn’t pay to bet against him,” he said. “So I think he will make it in the end, but it’s going to be very bumpy.

“At this time, most customers are suspending their activities because they are concerned about extreme content and content moderation on the site.”

($1 = 0.8467 pounds)

Reporting by Paul Sandle; Editing by Kate Holton and Emelia Sithole-Matarise

Our standards: The Thomson Reuters Trust Principles.

]]>
Earnings Snapshot: Gladstone Capital – Gladstone Capital (NASDAQ: GLAD) https://acamet.org/earnings-snapshot-gladstone-capital-gladstone-capital-nasdaq-glad/ Fri, 11 Nov 2022 20:46:44 +0000 https://acamet.org/earnings-snapshot-gladstone-capital-gladstone-capital-nasdaq-glad/

Gladstone Capital HAPPY is expected to release its latest quarterly earnings report on Monday, 11/14/2022. Here’s what investors need to know ahead of the announcement.

Analysts estimate that Gladstone Capital will report a earnings per share (EPS) of $0.20.

Gladstone Capital bulls are hoping to hear the company announce that it has not only exceeded that estimate, but also provide some positive indications or expected growth for the next quarter.

New investors should note that sometimes it’s not an earnings beat or miss that most affects a stock’s price, but direction (or forecast).

Past Earnings Performance

Last quarter, the company missed EPS by $0.00, followed by a 3.0% decline in share price the next day.

Here is an overview of Gladstone Capital’s past performance and the resulting price movement:







Trimester Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS estimate 0.2 0.20 0.20 0.2
Actual EPS 0.2 0.25 0.27 0.2
Price change % -3.0% 5.0% 2.35% 4.59%

Stock performance

Gladstone Capital shares were trading at $9.91 as of Nov. 10. Over the past 52-week period, shares are down 15.43%. Since these returns are typically negative, long-term shareholders are likely bearish ahead of this earnings release.

To follow all earnings releases for Gladstone Capital, visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

]]>
Coast Electric Announces Over $6.2 Million in Capital Credits for Members – Picayune Item https://acamet.org/coast-electric-announces-over-6-2-million-in-capital-credits-for-members-picayune-item/ Tue, 08 Nov 2022 14:36:39 +0000 https://acamet.org/coast-electric-announces-over-6-2-million-in-capital-credits-for-members-picayune-item/

Coast Electric announces more than $6.2 million in capital credits for its members

Posted 8:26 a.m. on Tuesday, November 8, 2022

Oven, miss – Coast Electric Power Association President and CEO Ron Barnes announced at the co-op’s 2022 annual meeting that the co-op will draw $6,229,069 in capital credits to its members, which is the most important retreat in the company’s history. Checks should be mailed to eligible current and former members in December. By the end of 2022, Coast Electric will have paid over $87 million in capital credit pensions to current and former members.

What are capital loans?
Member-owned cooperatives are non-profit organizations operated for the benefit of their members. In general, if revenues from electrical services exceed operating costs and expenses, these funds are credited to a member’s capital account based on their customer base. These funds, also called “capital credits”, are the lifeblood that allows cooperatives to meet the future growth and energy needs of their members. Equity loans represent a key source of equity for Coast Electric. Since the members of a cooperative are also the people it serves, capital credits reflect each member’s ownership and capital contribution to the cooperative.

Where does the money come from?

Each member is allocated capital credits based on the amount of energy they obtain from the cooperative. The more energy a member purchases, the greater the amount of capital credit allocated to the member’s account. At the end of each year, Coast Electric subtracts operating costs and expenses from operating revenues earned during the year. This difference is called margins, which are allocated to members on the basis of patronage.

How does the retirement credit capital work?

Any member who purchased electricity from Coast Electric during the retirement period is eligible to receive a capital credit check. Checks will be mailed to the last address on file with Coast Electric. That’s why it’s important for former members to make sure we have your current address on file.

Members who have questions about their capital credit accounts can visit https://coastepa.com/my-benefits/#capital-credits.

Coast Electric Power Association, headquartered in Kiln, serves over 88,000 meters in Hancock, Harrison and Pearl River counties. For more information on the cooperative, visit www.coastepa.com, follow www.twitter.com/CoastElectric and www.instagram.com/coastelectric, or as www.facebook.com/coastelectric.

]]>
Main Street Capital Co. (NYSE: MAIN) Announces Monthly Dividend of $0.23 https://acamet.org/main-street-capital-co-nyse-main-announces-monthly-dividend-of-0-23/ Sat, 05 Nov 2022 20:58:14 +0000 https://acamet.org/main-street-capital-co-nyse-main-announces-monthly-dividend-of-0-23/

Main Street Capital Co. (NYSE:MAIN – Get Rating) announced a monthly dividend on Friday, November 4, reports The Wall Street Journal. Investors of record on Wednesday, March 8 will receive a dividend of 0.225 per share from the financial services provider on Wednesday, March 15. This represents a dividend of $2.70 on an annualized basis and a dividend yield of 6.93%. The ex-dividend date is Tuesday, March 7.

Main Street Capital has decreased its dividend by an average of 3.1% per year over the past three years and has increased its dividend annually for the past 10 consecutive years. Main Street Capital has a dividend payout ratio of 82.2%, which means its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Stock analysts expect Main Street Capital to earn $3.17 per share next year, meaning the company should continue to be able to cover its annual dividend of $2.64 with a ratio of expected future payout of 83.3%.

Main Street Capital Stock Performance

Shares of MAIN rose $1.57 during Friday trading hours, hitting $38.96. The company’s stock had a trading volume of 19,465 shares, compared to an average volume of 334,937. The stock has a market capitalization of $2.84 billion, a PE ratio of 10.78 and a beta of 1. ,33. Main Street Capital has a 12-month low of $31.66 and a 12-month high of $47.13. The company has a 50-day moving average of $37.04 and a 200-day moving average of $39.14. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt ratio of 0.18.

Main Street Capital (NYSE:MAIN – Get Rating) last reported quarterly results on Thursday, August 4. The financial services provider reported earnings per share of $0.75 for the quarter, beating the consensus estimate of $0.70 by $0.05. The company posted revenue of $85.20 million for the quarter, versus a consensus estimate of $81.34 million. Main Street Capital had a return on equity of 11.67% and a net margin of 79.82%. On average, sell-side analysts expect Main Street Capital to post 3.01 EPS for the current fiscal year.

Wall Street analysts predict growth

MAIN has been the subject of several analyst reports. The Hovde Group lowered its target price on Main Street Capital shares to $40.00 in a Wednesday, October 5 research note. StockNews.com began covering Main Street Capital in a research report on Wednesday, October 12. They set a “hold” rating on the stock. Raymond James downgraded shares of Main Street Capital from an “outperform” rating to a “market performer” rating in a research report Monday, Aug. 8. Finally, TheStreet downgraded shares of Main Street Capital from a “b-” rating to a “c+” rating in a Friday, September 23 research report. Four research analysts rated the stock with a hold rating and one assigned the company a buy rating. According to data from MarketBeat.com, Main Street Capital has an average rating of “Hold” and an average target price of $44.50.

Institutional investors weigh in on Main Street Capital

Hedge funds and other institutional investors have recently changed their positions in the stock. Mutual Advisors LLC increased its stake in Main Street Capital by 4.9% during the second quarter. Mutual Advisors LLC now owns 5,900 shares of the financial services provider worth $227,000 after purchasing an additional 273 shares during the period. First Republic Investment Management Inc. increased its position in Main Street Capital shares by 0.9% during the second quarter. First Republic Investment Management Inc. now owns 34,031 shares of the financial services provider valued at $1,311,000 after buying 317 additional shares during the period. Guggenheim Capital LLC increased its holdings in Main Street Capital by 6.4% in the first quarter. Guggenheim Capital LLC now owns 7,550 shares of the financial services provider valued at $322,000 after acquiring 457 additional shares in the last quarter. PNC Financial Services Group Inc. increased its position in Main Street Capital by 11.9% in the first quarter. PNC Financial Services Group Inc. now owns 8,504 shares of the financial services provider worth $363,000 after acquiring an additional 904 shares during the period. Finally, Wells Fargo & Company MN increased its position in Main Street Capital by 2.4% in the second quarter. Wells Fargo & Company MN now owns 84,602 shares of the financial services provider valued at $3,260,000 after purchasing an additional 1,995 shares during the period. Institutional investors and hedge funds hold 19.11% of the company’s shares.

About Main Street Capital

(Get a rating)

Main Street Capital Corporation is a business development firm specializing in equity capital for lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature and subsequent emerging growth.

See also

Dividend history for Main Street Capital (NYSE:MAIN)

This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider Main Street Capital, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market goes higher…and Main Street Capital wasn’t on the list.

While Main Street Capital currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

]]>
Cumulus Media Return on Capital Employed Analysis – Cumulus Media (NASDAQ:CMLS) https://acamet.org/cumulus-media-return-on-capital-employed-analysis-cumulus-media-nasdaqcmls/ Thu, 03 Nov 2022 14:13:12 +0000 https://acamet.org/cumulus-media-return-on-capital-employed-analysis-cumulus-media-nasdaqcmls/

Benzinga Pro Data Extract, Cumulus Media CMLS posted a profit of $8.54 million in Q3, an increase of 1.32% compared to Q2. Sales fell to $233.46 million, down 1.38% between quarters. In the second quarter, Cumulus Media earned $8.65 million and total sales reached $236.74 million.

What is return on capital employed?

Return on capital employed is a measure of annual pre-tax profit relative to the capital employed by a business. Changes in profits and sales indicate changes in a company’s ROCE. A higher ROCE is generally indicative of a company’s successful growth and is a sign of higher earnings per share in the future. A low or negative ROCE suggests otherwise. In Q3, Cumulus Media posted a ROCE of 0.02%.

Keep in mind that while ROCE is a good measure of a company’s recent performance, it’s not a very reliable indicator of a company’s earnings or sales in the near future.

ROCE is a powerful metric for comparing the efficiency of capital allocation for similar companies. A relatively high ROCE shows that Cumulus Media potentially operates at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital, which will generally lead to higher returns and ultimately growth in earnings per share ( EPS).

For Cumulus Media, the positive return on capital employed ratio of 0.02% suggests that management is allocating its capital efficiently. Efficient capital allocation is a positive indicator that a company will achieve more sustainable success and favorable long-term returns.

Analyst predictions

Cumulus Media reported third-quarter earnings per share of $0.45/share, missing analysts’ forecast of $0.48/share.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

]]>
ALEX BRUMMER: The green dream is shattered https://acamet.org/alex-brummer-the-green-dream-is-shattered/ Mon, 31 Oct 2022 22:00:56 +0000 https://acamet.org/alex-brummer-the-green-dream-is-shattered/

ALEX BRUMMER: UK’s dreams of becoming a green energy champion rest on shaky foundations as Britishvolt’s failure shows

The failure of Britishvolt, with its vaunted ambition to create a £3.8billion giga-factory in the North East, offers a salutary lesson.

The UK’s dreams of becoming a champion of green energy rest on shaky foundations. It’s not just Britain’s ambitions to build power packs for the automotive industry that are under threat.

Liam Condon, managing director of Johnson Matthey, warns that Britain also risks losing its leading position in the race to develop hydrogen.

Britishvolt is on the brink of collapse after failing to attract enough funding for a multi-billion pound battery factory in Northumberland

Indeed, the best hope Britain has in hydrogen is the will of the big oil companies, notably BP, to be pioneers in this field. Unlike Britishvolt, the oil major doesn’t have to rush through the weeds for support.

This all puts into perspective Labour’s big idea for a Great British Energy Company, the centerpiece of Keir Starmer’s speech at his party conference in September.

Labor is right to lament the fact that so many energy companies have fallen into foreign hands. This means that vital decisions about our power are made in Paris, Berlin and Madrid.

International investors normally make rash decisions on where to invest based on rates of return.

But the energy is so political, especially given the war in Ukraine, that the national interest trumps everything else.

Britain’s only new nuclear project at Hinkley in Somerset could not be funded in the UK and is entirely dependent on the engineering and financial support of EDF, now fully state-owned. The French company will also be critical if a facility at Sizewell C in Suffolk is to go ahead.

The idea that the Great British Energy Company will transform Britain by investing in renewable energy is fantastic thinking. Picking green winners may be possible.

The Green Investment Bank, set up by the coalition government, had several projects but was an easy target for privatization when the government sought funding sources.

Labour’s venture will be backed by public funding of £8billion. Where this will come from is unclear since the windfall taxes, even though they had much larger returns, have already been spent many times over.

One wonders who will run the Great British Energy Company and whether it will be able to attract resources in a Labor government focused on the NHS, schools and welfare.

Leftist governments, even when endowed with marvelous natural energy resources, do not have a great track record in energy management, as the experience of Venezuela shows.

Starmer should move on to real-world Britishvolt and hydrogen experiments before peddling dreams.

battle royale

The fast revolving door of the Department for Business, Energy and Industrial Strategy (BEIS) makes any consistency in what it does impossible.

Those who hoped that the National Security and Investment Act would finally mean that the UK’s trend of selling off its crown jewels could finally be halted will be disappointed.

The latest deal to be scrapped is Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail to 25%.

Kretinsky’s interest is suspected to be in the fast-growing parcel delivery arm of Global Logistics Services (GLS) rather than last-mile deliveries, the disruptive CWU syndicate or Royal Mail’s bizarre plan to effectively date the job.

Whether there is a possibility of making the splits and whether Royal Mail is commercially viable as a stand-alone business is debatable.

What we do know is that the Government does not seem to care if our vital communications companies BT and Royal Mail find themselves under the thumb of foreign billionaires who cannot care much about customer service or building broadband for hard-to-reach neighborhoods.

Britain may need foreign investment to help fill a capital account deficit on the balance of payments. Selling vital and historic public assets is not the solution.

Bad platform

And while on the subject of infrastructure, Michael Gove’s suggestion that maybe it’s time to review HS2 shouldn’t be accepted.

The project may be over its £40.3billion budget, but scrapping groundbreaking transport linking London to Birmingham and Manchester should not be an option.

Infrastructure, from the Elizabeth Line to Hinkley and the Thames Tideway, offers a key to boosting productivity and creating a positive legacy for the next generation.

Advertising

]]>
Live Updates: Russia’s War in Ukraine https://acamet.org/live-updates-russias-war-in-ukraine/ Fri, 28 Oct 2022 14:45:00 +0000 https://acamet.org/live-updates-russias-war-in-ukraine/

Russia’s invasion of Ukraine has plunged Europe into an era of insecurity, German President Frank-Walter Steinmeier said on Friday, a day after Russian President Vladimir Putin said the world was facing “the most dangerous decade” since the end of World War II.

Russia’s war in Ukraine “also plunged us in Germany into another era, into an insecurity that we thought we had overcome: an era marked by war, violence and flight, by worries about the expansion of wildfire in Europe,” Steinmeier said. in a rare nationally televised speech.

“Tougher years, tougher years are coming,” warned Steinmeier.

“When you look at Russia today, there is no room for old dreams,” Steinmeier said, referring to former Soviet President Mikhail Gorbachev’s vision of a “common European home “.

Steinmeier, who belongs to a wing of German Social Democrats that has long advocated closer economic ties with Moscow, said Russia’s invasion of Ukraine had caused an “epochal break” in ties of Germany with Moscow.

Steinmeier, whose role as head of Germany is largely ceremonial, said in his address to the nation that Russian President Vladimir Putin bears personal responsibility for the unrest in Europe.

“In his imperial obsession, the Russian president broke international law,” he said.

Steinmeier paid a surprise visit to Kyiv on Tuesday, where he pledged Germany’s continued support for Ukraine, including in the area of ​​air defence. It was Steinmeier’s first wartime visit to Ukraine after two failed attempts in April, when he was not invited due to his Russian ties, and last week when his visit was canceled. canceled for security reasons.

]]>
NorthWestern ROI Review – NorthWestern (NASDAQ:NWE) https://acamet.org/northwestern-roi-review-northwestern-nasdaqnwe/ Tue, 25 Oct 2022 13:49:36 +0000 https://acamet.org/northwestern-roi-review-northwestern-nasdaqnwe/

According to Benzinga Pro data North West ENO recorded an 8.12% drop in profits compared to the second quarter. Sales, however, rose 3.75% from the previous quarter to $335.10 million. Despite the increase in sales this quarter, the decline in profits may suggest that NorthWestern is not using its capital as efficiently as possible. NorthWestern had a profit of $29.79 million and sales of $323.00 million in the second quarter.

What is ROI?

Profit data without context is unclear and can be difficult to base trading decisions on. Return on Invested Capital (ROIC) helps filter the signal from the noise by measuring the annual pre-tax profit against the capital invested by a company. Generally, a higher ROIC suggests successful growth of a business and is a sign of higher earnings per share in the future. In the third quarter, NorthWestern posted an ROIC of 1.05%.

It is important to keep in mind that the ROIC evaluates past performance and is not used as a predictive tool. It’s a good measure of a company’s recent performance, but it doesn’t take into account factors that may affect profits and sales in the near future.

ROIC is a powerful metric for comparing the efficiency of capital allocation for similar companies. A relatively high return on investment shows that NorthWestern potentially operates at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of invested capital, some of that money can be reinvested in more capital, which will generally lead to higher returns and ultimately earnings per share growth. (EPS).

For NorthWestern, the positive ROI ratio of 1.05% suggests that management is allocating its capital efficiently. Efficient capital allocation is a positive indicator that a company will achieve more sustainable success and favorable long-term returns.

Estimated future income

NorthWestern reported third-quarter earnings per share of $0.42/share, which fell short of analysts’ forecast of $0.59/share.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

]]>