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Highlights: April 24 - April 29, 2017

Staff Writer | May 1, 2017
The summary of the last week's business headlines and the most interesting stories.
Highlights
Week at a glance  
Iran’s auto production up by 37 percent last year

Iran’s auto productionIran’s auto production saw an increase of 37 percent during the last Iranian calendar year ending March 20, 2017....

Greece reports first government surplus since 1995

Greece streetGreece posted an overall government surplus of EUR1.288 billion, or 0.7% of its gross domestic product in 2016, the EU statistical agency Eurostat said....

Hasbro reports 41% increase in Q1 bottom line

HasbroHasbro revealed earnings for its first quarter that advanced from last year....

Puma Q1 net earnings surged 92% to 49.6 million euros

Puma AG Rudolf Dassler SportPuma AG Rudolf Dassler Sport reported that its first-quarter net earnings surged 92% to 49.6 million euros from prior year's 25.8 million euros. Earnings per share rose to 3.32 euros from 1.73 euros last year....

Juniper Networks Q1 earnings rise 25%

Juniper NetworksJuniper Networks released a profit for its first quarter that rose from last year....

Texas Instruments Q1 profit advances 28%

Texas InstrumentsTexas Instruments released earnings for its first quarter that gained ground from last year....

Chipotle Mexican Grill Q1 revenue increased 28.1%

Chipotle Mexican GrillChipotle Mexican Grill reported financial results for its first quarter ended March 31, 2017....

Nasdaq Q1 income rises 22%

NasdaqNasdaq announced earnings for its first quarter that rose compared to the same period last year....

Chipotle says it saw unauthorized activity on payment network

Chipotle MexicanChipotle Mexican Grill disclosed that it recently detected "unauthorized activity" on the payment-processing network that supports its restaurants....

GlaxoSmithKline profit nearly quadrupled

GlaxoSmithKlineGlaxoSmithKline said net profit nearly quadrupled to 1.05 billion pounds in the first three months of the year....

Hilton to hire 20,000 more veterans and family members

Veterans jobsWorldwide hotel chain Hilton announced plans to hire 20,000 additional U.S. military veterans and their family members within the next four years....

Barclays Q1 pre-tax profit more than doubles

BarclaysBarclays reported that its first-quarter profit before tax more than doubled to 1.682 billion pounds from last year's 793 million pounds, driven by improved profitability in the Core and materially lower losses in Non-Core units....

Maersk Line to pay $4 billion for Hamburg Sud

Hamburg SudMaersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud....

Unemployment rates in EU regions ranged from 2.1% to 31.3%

Eurozone unemploymentMore than 80% of the NUTS 2 regions of the European Union (EU) saw their unemployment rate fall in 2016 compared with 2015, and around 60% recorded a decrease of at least 0.5 percentage points....

Trich causes greater reproductive losses to cattle than any other disease

TrichomoniasisTrichomoniasis, commonly referred to as "trich", is a venereal disease of cattle caused by a protozoa organism, Tritrichomonas foetus....

Record number of cruise passengers spend 63 million euros in Stockholm

Stockholm cruiserStockholm is growing in popularity as a cruise destination. This year the region will be visited by 270 cruise liners carrying a record number of 650,000 passengers....

General Motors announces 31% advance in Q1 bottom line

General MotorsGeneral Motors Company reported a profit for its first quarter that advanced compared to the same period last year....

Sharp posts first operating profit in three years

SharpSharp announced it had posted its first operating profit in three years in the fiscal year that ended in March....

Exxon announces 122% increase in Q1 profit

ExxonExxon Mobil Corp. reported estimated first-quarter net income to company of $4.01 billion, or $0.95 per share, compared with $1.81 billion or $0.43, a year earlier, resulting from improvements in commodity prices, cost management and refining operations....

U.S. economy expanded at weakest pace in 3 years

GDP slowsThe U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending....


 

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