(RTTNews) - People's United Financial Inc. (PBCT) revealed a profit for its third quarter that advanced from last year. The company's bottom line came in at $141.1 million, or $0.34 per share. This compares with $131.6 million, or $0.33 per share, in last year's third quarter. Excluding items, People's United Financial Inc. reported adjusted earnings of $144.7 million or $0.34 per share for the period. Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. People's United Financial Inc. earnings at a glance: -Earnings (Q3): $144.7 Mln. vs. $135.5 Mln. last year. -EPS (Q3): $0.34 vs. $0.34 last year. -Analysts Estimate: $0.29
The CEO of real estate brokerage Redfin told CNBC on Thursday he anticipates the coronavirus pandemic-driven boom in the housing market will persist into next year. Existing home sales increased 9.4% in September, surpassing expectations, and the median purchase price rose nearly 15% year over year, according to data released earlier Thursday by the National Association of Realtors. "There's no way it can last forever. This level of demand is absolutely insane. I would expect it to last into 2021, at least," Glenn Kelman of Redfin said on "Power Lunch." "There are so many people now who have decided they're not going to be able to buy a home by year-end, who expect to do so going into 2021, especially as their kids shift school districts. I do think we're going to see this for some time." The demand for housing is primarily being driven by affluent professionals who are able to work remotely, Kelman said. That has given them the option of moving out of major metropolitan areas into more distant suburbs or, he said, buying vacation homes "and then taking a permanent vacation where they're working from those homes." Low interest rates are also motivating homebuyers, Kelman said.
President of Global Marketing Solutions for Facebook, Carolyn Everson attends the forum titled "Poverty Alleviation & Economic Development" within the One Young World Summit 2017 at Agora Conference & Special Events Center in Bogota, Colombia on October 05, 2017. (Photo by Lokman Ilhan/Anadolu Agency/Getty Images) Lokman Ilhan | Anadolu Agency | Getty Images Facebook global ads chief Carolyn Everson said the summer of 2020 was the most difficult summer she's had in her professional career, but that she's thankful for way the the advertiser boycott in July has forced the company to address hate speech more aggressively. "It was a very rough summer, the most difficult summer I've ever had professionally for sure, but sometimes through those most difficult moments you understand what really matters, and actions matter," she said. "I'm thankful for the push we got because I think it's making us better." More than 1,000 advertisers paused their social media advertising budgets in June, after a campaign called "#StopHateForProfit" called on advertisers to pressure Facebook to stop the spread of hate speech and misinformation on its platform. Everson spoke about the boycott and the company's efforts
New York, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Clean-in-Place Market Research Report - Global Forecast to 2025 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p05913836/?utm_source=GNW80 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 14.26%.Market Segmentation & Coverage:This research report categorizes the Clean-in-Place to forecast the revenues and analyze the trends in each of the following sub-markets:Based on Geography, the Clean-in-Place Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.Company Usability Profiles:The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Clean-in-Place Market including Alfa Laval, Azbil Telstar, Bionet, Centec GmbH, Filamatic, GEA Group, Handtmann Armaturenfabrik, KHS GmbH, Krones Ag, Melegari Manghi, Millitec Food Systems, Sani-Matic, Solaris Biotech Usa, SPX Flow, and Sysbiotech.FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the
WASHINGTON (REUTERS) - A senior US justice official accused China on Thursday of helping North Korea launder money from massive cyber thefts it has carried out to raise funds in the face of international sanctions. At an event hosted by a Washington think tank, John Demers, the assistant attorney general for national security, also said North Korea was likely getting support from China in the form of cyber expertise and training. "The other thing... that really pops out of our cases...is the involvement of China in helping the North Koreans evade the sanctions... in helping them launder money that they have somehow gotten or that they want to bring into the regime, or that they've stolen and otherwise, helping them sort of move goods," Demers said. "There is support through Chinese cyber infrastructure, there's likely support in terms of sharing expertise and training from the Chinese side," he added in the event hosted by the Center for Strategic and International Studies. Demers said those involved in violating Chinese-backed international sanctions imposed on North Korea over its nuclear and missile programmes included unscrupulous private individuals and businesses. "But probably the biggest issue is going to be