November 12, 20240 Comments

Spirit Aero gets planemaker help to prop up weak finances By Reuters

By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing (NYSE:), giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses. The Wichita, Kansas-based aerostructures giant is also on the verge of an agreement for a smaller amount of fresh funding and revised payment terms

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November 8, 20240 Comments

Paramount Global misses revenue estimates on weak box office, cable TV declines By Reuters

(Reuters) – Paramount Global missed quarterly revenue estimates on Friday as a lack of big hits at the box office and declines in its cable business outweighed better-than-expected subscriber growth at its streaming service after the return of NFL content. Revenue at the TV media business, which includes CBS and MTV, fell 6% in the third quarter due to lower spending from advertisers, a drop in subscribers and absence of

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November 8, 20240 Comments

As interest rate cuts signal weak economy watch the Canadian dollar

Breadcrumb Trail Links Investor Martin Pelletier: Given the widening gap between our economy and America’s, we are not optimistic about our currency Published Oct 28, 2024  •  Last updated Oct 28, 2024  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account. The debasement of our currency should be of serious concern, writes Martin Pelletier. Photo by Peter J

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