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PARIS, March 9- Retailer Casino responded to pressure from U.S. activist investor Muddy Waters with a renewed pledge to cut its debt using the proceeds from disposals and the promise of improved profits and cash flow. Muddy Waters "shorted" Casino in December, saying the French group was "dangerously leveraged" and managed for the short term, sparking a share price...
Feb 23- Honeywell International Inc confirmed on Tuesday that it had engaged in deal talks with United Technologies Corp over the past year, and said it did not see regulatory process as a "material obstacle" to the deal. "A combined Honeywell and United Technologies would maintain a strong investment grade rating, and have higher free cash flow," Honeywell said.
Tenet said it boosted to $238 million from $20 million the amount it set aside to cover an offer to settle a Justice Department investigation into services provided to Hispanic patients who were referred to four of its hospitals. Tenet said it expects adjusted free cash flow of $400 million to $600 million in 2016, compared with $405 million last year.
The company said it expected 2016 revenue of $16.5 billion- $17.5 billion, lower than the reported revenue of $18.17 billion in 2015.. Bombardier, which was helped by recent cash infusions from Quebec pension fund Caisse de dépôt et placement du Québec and the Quebec provincial government, said it expected free cash flow usage in the range of $1.0 billion-...
*EDF CEO says now very close to taking Hinkley Point decision. PARIS, Feb 16- EDF shares jumped more than 10 percent, their biggest rise since 2008, after the French utility company eased worries about its ability to finance nuclear projects including Britain's Hinkley Point. The firm also reaffirmed its forecast to return to positive cash flow after dividend...
Tesla reported a wider fourth-quarter net loss of $2.44 a share, compared with a loss of 86 cents a share a year earlier. "You cannot bet against Elon Musk," said analyst Ivan Feinseth of Tigress Partners. Musk said Tesla would generate positive cash flow even after investing $1.5 billion to add capacity to a huge battery factory in Nevada, and start producing...
*To idle Harvey coal mine in Pennsylvania. Consol, which reported an adjusted loss for the fourth quarter, said its cash flow from operations rose to $102 million in the period from $87 million a year earlier. The company cut its quarterly payout to 1 cent per share from 6.25 cents last year.
An app created by Fastcash allows users to send and receive money using social networking sites.
The results from Asian commodities player Noble highlights the important role of commodities traders, says Nirgunan Tiruchelvam, director of research at Religare Capital Markets Singapore.
AT&T expects to report more than 2 million net subscriber additions for the third quarter, with gains in every category.
Steven Lowy, co-CEO of Westfield, discusses the company's first-half earnings report and explains why concerns regarding Westfield's cashflow are incorrect.
Kristina Hooper, Allianz Global Investors, explains why cash is a bad place to be right now for investors. Equities are the place to be in an environment of financial repression, says Hooper.
ICAEW has published a survey suggesting that UK businesses are sitting on cash surpluses and are less likely to invest until they feel more secure. Stephen Ibbotson, director of business at ICAEW, explains more.
Here are 7 non-financial companies in the Russell 1000 index that have bled through $2 billion or more in free cash flow in 2014.
Staples reported higher-than-expected quarterly sales and profit as demand recovered for core office supplies such as paper and ink products.
Sam Le Cornu, Senior Portfolio Manager at Macquarie comments on China markets and property plays.
Ben Collett, Head of Asian Equities at Sunrise Brokers, explains the factors behind the weak market debut of Japan Display.
David Garrity, Principal at GVA Research comments on Oracle's outlook and why he prefers Microsoft instead.
Stephen Wood, Portfolio Manager, Australian Small Companies Fund at UBS, explains why he's positive on gold miners and Domino's.
Tim Farrar, Analyst at TMF Associates, explains why he thinks Softbank CEO Masayoshi Son may face obstacles in his plan to shake things up for the telecommunications industry in the U.S.