SAO PAULO, Nov 7- MRV Engenharia e Participacoes SA, Latin America's largest low-income homebuilder, reported weaker third-quarter results, despite strong cash flow and record revenue in the period, but is optimistic about the year's final quarter. Menin said both numbers would have looked better compared to a year earlier if not for a non-recurring effect of...
The IRS has just released the limits for retirement plan savings for next year. Here's how much you can save.
Adjusted earnings before interest and taxes rose to $4.8 billion in the quarter, a four-year high, from $2.35 billion during the same quarter in 2017, and compared with $4.9 billion in a Reuters poll of analysts. Teodor Sveen-Nilsen at Sparebank 1 Markets said he expected consensus for 2018 free cash flow estimates to increase to around $8 billion from about...
Oct 24- Tesla Inc made good on Chief Executive Officer Elon Musk's promise that it would turn a profit in the third quarter as it ramps up production of its Model 3 sedan, sending its shares up 7 percent in after-market trade. The Silicon Valley electric carmaker said on Wednesday that it made a net profit of $311.5 million in the quarter and had free cash flow of $881...
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...
U.S. corporate debt has reached a record $6.3 trillion, according to S&P Global, as market conditions remain accommodative.
Jimmy Dunne, Sandler O'Neill senior managing principal, discusses his outlook on markets.
Even within the U.S., there are some places where women still earn a lot less than men, particularly in the western part of the country.
Your divorce could be a big-ticket cost you never saw coming. These tips can help you get unhitched without breaking the bank.
Young workers are poised to benefit from health savings accounts. Before you jump into a high-deductible health plan to take advantage of that HSA, here's what you need to know.
If you've spent every last dime on tuition, finding an affordable apartment, let alone a place to take a date, can be challenging. Not so much in these towns.
Going the do-it-yourself route with an offbeat wedding venue could help save you cash on your dream wedding — or it could be a budget buster. Here's how to plan.
Tesla CFO Deepak Ahuja is credited with managing the electric-car maker's balance sheet through the 2008 crisis, and he retired a hero. With Tesla facing renewed cash concerns, he's came back to do it all over again.
Apple reported the updated number alongside its quarterly earnings Tuesday.
A majority of the self-employed crowd report having a better handle on their financial picture since going it alone. If you're a solo worker and can't say the same, here's where to start.