Corporate Finance Cash Flow

  • Jay Srivatsa of Future Wealth says Netflix will likely have to raise more debt, which is a concern for its balance sheet especially in this high interest rate environment.

  • SAO PAULO, Oct 16- Brazilian iron ore miner Vale said on Tuesday that it plans to use its cash flow cautiously going forward, devoting about 30 percent of its earnings before interest, taxes, depreciation and amortization to regular dividends.

  • Oct 15- Occidental Petroleum Corp said on Monday it would no longer pursue extension of the Idd El-Sharghi North Dome offshore oilfield in Qatar, sending its shares down more than 5 percent. The company estimated free cash flow for ISND in 2018 to be less than $300 million with production of 51,000 barrels of oil equivalent per day. Occidental's shares fell 5.2...

  • Oct 2- Credit ratings agency Moody's Investor Service said on Tuesday it has placed ratings of General Electric Co and its finance unit under review for a downgrade, a day after the conglomerate replaced its chief executive officer. GE said on Monday it would fall short of its forecast for free cash flow and earnings per share for 2018 due to weakness in the power...

  • GE SAYS IT WILL FALL SHORT OF PREVIOUSLY INDICATED GUIDANCE FOR FREE CASH FLOW, EPS FOR 2018.

  • NEW YORK, Aug 28- Elon Musk's take-private plans for Tesla Inc have evaporated, but the company's looming debt needs remain. Tesla, which has had just one quarter of positive free cash flow since the fourth quarter of 2013, has $1.3 billion in debt coming due in the next 12 months. Meanwhile it has just $1.3 billion of cash on hand after backing out $942 million of...

  • Aug 2- Shares of Tesla Inc jumped more than 12 percent on Thursday, after the company convinced investors that it was able to yield positive cash flow and turn a profit, and Chief Executive Officer Elon Musk apologized for past incendiary remarks. The stock added about $6.27 billion in market capitalization and gave the company a valuation of $57.35 billion,...

  • Aug 2- Shares of Tesla Inc jumped 11 percent on Thursday, after the company convinced investors that it was able to yield positive cash flow and turn a profit, and Chief Executive Officer Elon Musk apologized for past incendiary remarks. The stock added about $5.62 billion in market capitalization and gave the company a valuation of $56.71 billion, vaulting it...

  • Aug 2- Shares of Tesla Inc jumped 10 percent in premarket trade on Thursday, after the company convinced investors that it was able to produce positive cash flow and turn a profit, and Chief Executive Officer Elon Musk apologized for past incendiary remarks. Musk in a conference call on Wednesday, addressing the company's largest quarterly loss to date, said the...

  • That figure was a big improvement over expectations of $532 million, BMO Capital analysts said. The Montreal- based company is in the middle of a turnaround, after spiraling investments in its CSeries jet program almost landed the company in bankruptcy in 2015. Earnings before interest, taxation, depreciation and amortization rose to $336 million from $313...

  • SAN FRANCISCO, Aug 1- Tesla said it would build up to 55,000 Model 3 s in the current quarter at a positive gross margin, buoying hopes that the electric vehicle maker led by Elon Musk will meet its goal of profitability and positive cash flow in 2018, as it strives to recover from manufacturing challenges. Shares rose 5 percent after hours. It delivered its...

  • The company has consistently denied it will need to raise cash but several Wall Street analysts expect a move by the end of the year. Tesla ended the second quarter with $2.78 billion in cash after spending $609.8 million in quarterly capital expenses. Free cash flow, a key metric of financial health, narrowed to negative $739.5 million in the second quarter from...

  • Aug 1- Tesla Inc said on Wednesday it expects to increase Model 3 production to 6,000 per week by late August, buoying expectations that the Elon Musk-led electric vehicle maker will meet its goal of profitability and positive cash flow in the next two quarters. Tesla said it expects to produce 50,000 to 55,000 Model 3 s in the third quarter. The company said it...

  • CHESAPEAKE ENERGY SAYS, IN 2019, POWDER RIVER BASIN WILL BE CLOSE TO FREE CASH FLOW POSITIVE WITH INCREASED OIL PRODUCTION THERE AND EFFICIENCIES- CONF CALL.

  • The Waltham, Massachusetts- based company expects 2018 operating cash flow from continuing operations of between $2.6 billion and $3 billion, down from an earlier expectation of $3.6 billion to $4 billion. Raytheon expects 2018 earnings from continuing operations of between $9.77 and $9.97 per share, up from a previously expected range of $9.70 to $9.90 per...

  • FREEPORT COULD ADJUST OPERATING COSTS, DEFER CAPITAL EXPENDITURES ETC IF NECESSITATED BY COPPER PRICE FALLS, "WE'D HUNKER DOWN" AND STAY CASH FLOW POSITIVE- CEO ADKERSON.

  • The No. 1 U.S. automaker said it would be able to partially offset higher commodity costs and the unfavorable effect of currency fluctuations in Brazil and Argentina, but they would have a net impact of around $1 billion on the company's full-year results. GM also said the higher costs would reduce its adjusted automotive free cash flow by around $1 billion to $4...

  • The forecast cast doubt on GE's full-year adjusted profit target of $1.00 to $1.07 a share. Though GE affirmed that target on Friday, many analysts see it as unrealistic and have cut their estimates to less than $1.00. "They gave you all the conditions for why the forecast could go down," said Deane Dray, analyst at RBC Capital Markets.

  • The forecast cast doubt on GE's full-year adjusted profit target of $1.00 to $1.07 a share. GE cut the industrial free cash flow target to $6 billion from a range of $6 billion to $7 billion. Its adjusted earnings, which exclude certain pension and restructuring costs, fell 10 percent to 19 cents a share, beating analysts' expectations of 17 cents a share, according...

  • GE cut its annual cash target to $6 billion from a range of $6 billion to $7 billion, but affirmed its full-year adjusted EPS target of $1.00 to $1.07 a share. GE's adjusted earnings, which exclude certain pension and restructuring costs, fell 10 percent to 19 cents a share, from a restated 21 cents a year ago. GE's earnings were above expectations because it cut...