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Company profit
Chipotle posts highest profit margins since 2015
Photo: ShutterstockChipotle Mexican Grill on Tuesday announced its highest profit margins since 2015.Restaurant-level operating margins were 24.5% for the second quarter ended June 30 - the highest for Chipotle since it was hit by a food…
Elevator manufacturer Kone’s profits rise, but so do costs
Elevators are seen at the KONE Academy of Finish, manufacturer of KONE elevators and escalators in Hanover, Germany on February 6, 2020. Photo taken on February 6, 2020. REUTERS / Fabian BimmerKone exceeds second quarter operating profit…
Payday Loans Online: What You Need To Know
It's hard to know what life has in store for you. But adults have probably faced unforeseen or urgent expenses once in their lifetime, and they will likely agree that it is sometimes difficult to keep up with such expenses, especially…
Flour Mills: The Facts Behind Triple-Digit Profit Growth in 2021
Flour Mills of Nigeria (FMN) Plc closed its full financial year to March 2021 with a 126% jump in after-tax profit to around 26 billion naira. This is the second year in a row that the food and agriculture company has…
Understand 5 heads of income for calculating income tax 2021
Salary income Your salary falls into this category if you are an employee. Your business will deduct TDS based on your tax bracket and remit it to the government. This simply assimilates any remuneration that an…
Taiwan Semiconductor profits raise doubts about outlook
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Lennox International CEO Todd Bluedorn steps down after 15 years as head of CVC giant
Todd Bluedorn, President and CEO of Richardson-based Lennox International Inc., will step down in mid-2022 after 15 years at the helm of the company.Bluedorn cited that he found a better work-life balance in his decision to leave the…
Net profit increases 61% yoy to ₹ 343 crore
Mindtree announced its quarterly results on Tuesday in which the IT company reported a 61% year-over-year increase in its first quarter net profit to ₹343.3 crore compared to ₹213 crore in the same quarter last year.…
More states impose interest rate caps on payday loans
By Annie Millerbernd | NerdwalletLow-cost, short-term lenders, unencumbered by a maximum federal interest rate, can charge borrowers rates of 400% or more on their loans.But more and more states are reducing that number by setting ceiling…
China to curb US IPOs by entertainment companies
The Chinese government on Saturday announced tough new rules that will limit the listing of mainland tech companies on U.S. stock markets. Surprisingly, this looks like an area where the two superpowers are likely to get along.The move…