The gambling industry’s focus has been on the third-quarter 2016 financial releases in the past week.Both Penn National Gaming Inc. PENN and Churchill Downs Inc. CHDN posted mixed results. Though Penn National Gaming’s earnings beat the Zacks Consensus Estimate, revenues missed the mark. Meanwhile, Churchill Downs failed to beat bottom-line expectations while its top line…
Category: Finance
Acunetix educates GITEX visitors on web app vulnerability services
Acunetix, a company specialising in web application vulnerability scanning, is exhibiting alongside Bulwark at this years GITEX Technology Week, following the recent distribution agreement between the two firms. Damian Fearnley, Regional Sales Manager, EMEA, Acunetix, outlined the company’s main focuses at the exhibition this year. “One of our goals is to educate the market and…
Fidelity (FIS) Beats on Q3 Earnings, Misses Sales Estimates
Fidelity National Information Services Inc.’s FIS third-quarter 2016 adjusted earnings per share from continuing operations came in at $1.00, beating the Zacks Consensus Estimate of 98 cents and increasing 11.1% from the year-ago quarter. Quarter Highlights Revenues of $2.309 billion surged 46.2% year over year but widely missed the Zacks Consensus Estimate of $2.363 billion….
Grupo Televisa (TV) Q3 Earnings Lag, Revenues Improve Y/Y
Mexican pay-TV and broadcasting behemoth Grupo Televisa S.A.B. TV reported mixed financial results in the third quarter of 2016. While the bottom line lagged the Zacks Consensus Estimate, the top line improved on a year-over-year basis. Net income in the reported quarter came in at approximately $70.8 million, down 79.6% year over year. However, earnings…
Kellogg (K) Beats on Q3 Earnings, Lifts Earnings Guidance
Kellogg Company K posted an earnings beat in the third quarter of 2016 on robust cost savings. However, sales fell short of expectations as improved U.S. cereal trends seen in the fourth quarter could not be sustained. The company raised its earnings guidance for 2016, encouraged by lower effective tax rates in the third quarter….
Green Cleaning to Drive Innovation in Regional Cleaning Industry
by Noelle Marie Morales The region remains one of the most lucrative markets for green cleaning products, which is expected to reach US$51 billion globally by 2021 Continuous improvement, innovation, and environmental sensitivity have become the watchwords for the cleaning industry in the region as more and more companies in the sector are sourcing products…
Tesla’s next Model S could have more than 300 miles of range
A Tesla Model S P100D begs the question: What’s more Ludicrous than Ludicrous? Right now, the biggest battery you can get on a Tesla Model S or Model X is a 90-kilowatt-hour pack. Capable of traveling 294 miles on a single charge (in 90D form) or rushing 0 to 60 mph in 2.8 seconds (P90D),…
100 Kilowatt Hour Tesla Models Get European Approval
The Dutch technology blog Kenteken.tv has uncovered documents indicating that Tesla may roll out versions of the Model S and Model X with 100 kilowatt hour batteries, up from the current 90 kilowatt hour maximum size. The revelation comes from Dutch vehicle registration authorities, who have issued approval for Model S and Model X vehicles…
4 Disadvantages of a World Without Brands!
Can you imagine our world today without a single brand? Without all the brands that we’re constantly being exposed to through 24/7 advertising machine bombarding our daily life? This much commercialization might seem strange, but think about how much stranger things would be if there were no brands. You would have no choices when it…
Sweet potato toast kicks avocado toast off its pedestal
Avocado toast haters, rejoice. Sweet potato toast is now the coolest toast in town. SEE ALSO: Bacon, avocado and selfie emoji are on the way Sweet potato toast has plenty of fans, who love the dish for its taste, nutritional value (especially its abundance of beta-carotene), and its ability to adapt to nearly any diet…
Retail Spending in Dubai – Statistics & Trends [infographic]
From skyscrapers that kiss the clouds to manmade islands shaped into palm trees, Dubai is the place where every impossible architectural feat is brought to life. It holds several records including the tallest building, the Burj Khalifa, so tall that the residents on the top floors have to wait a while longer than the ones…
Fasting for Fertility
By Dr. Monikaa Chawla, Specialist OB/GYN – IVF, Fakih IVF Fertility Center Islamic fasting is special because of how it corrects people’s lifestyle, it promotes health and boosts spirituality of humans. Islam sees health and ‘well-being’ as much more than just bodily health, as well-being or tranquillity requires a strong relationship with one’s spirituality, good…
Money & Me: Abu Dhabi-born handbag entrepreneur inspired by father’s hard work
How did your upbringing shape your attitude towards money? My father was a self-made man who came to the UAE from Beirut and worked hard over many years to build a successful business. He made sure to provide me and my family with the things he never had when he was growing up. Seeing him…
Three ways the Brexit vote affects you – InBusiness
Rob Stothard/Getty Images After years of debate and speculation, Thursday night’s vote confirmed that Brexit is actually happening and the United Kingdom is going to withdrawal from the European Union. The actual process of secession will take years, but when it comes to global markets the effects are going to be immediate. Your portfolio is going…
You can now ask Amazon Echo’s Alexa to track your packages
“Alexa, where’s my stuff?” In a move that surprises absolutely no one, Amazon Echo users can now ask Alexa for tracking updates on packages from, of course, Amazon. The Echo smart speaker’s voice-assistant Alexa can now field questions related to any items you’ve ordered off its site, without needing to grab your phone or computer…
Legacy ITSM Systems Ill-Equipped to Empower Enterprises in Digital Economy
By Mark Ackerman, Sales Director, Middle East, ServiceNow Trends like digitalization change the way IT is operated, managed, and delivered. It offers tremendous opportunities, but only for those businesses willing to act. According to a recent Gartner study, “Digitalization is no longer a sideshow – it has moved to center stage and is changing the…
Yoga studios and Qatar’s first vegan cafe to open on Pearl-Qatar
Amid a drive for people to adopt healthier and more active lifestyles, the first Qatari-owned yoga studios and Doha’s inaugural vegan cafe are set to open to the public in June. Final works are underway at Niya Yoga and adjacent Evergreen Organics’ premises in Qanat Qartier on The Pearl-Qatar, ahead of a planned opening date around the…
Jewellery designs reflecting Arab values of love and harmony take centre stage in Dubai
UAE culture-inspired jewellery to shine at Dubai International Jewellery Week As the UAE buzzes with festive atmosphere following its 45th National Day celebration, prominent Dubai–based jewellers are preparing to showcase extraordinary collections paying tribute to Arabic culture and the country’s core values at Dubai International Jewellery Week this week (7-10 December). Renowned for their unique…
THE MOBILE PAYMENTS REPORT: Market forecasts, consumer trends, and the barriers and benefits that will influence adoption
Although the mobile wallet ecosystem is maturing, in-store mobile payments haven’t yet taken off. Consumer disinterest, coupled with delays in fully implementing the necessary infrastructure, are preventing mobile wallets from achieving mainstream adoption. BI Intelligence While neither merchants nor consumers have yet fully embraced mobile payments, mobile wallets offer benefits to all stakeholders: enhanced security…