Author: Maya Patel
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The Profit Illusion: How Dual-Listed Companies Manipulate Earnings Reporting
Dual-listed companies often inflate profits by presenting adjusted earnings that exclude certain expenses defined by GAAP, complicating investor assessments of true profitability. Notable Israeli firms exhibit significant discrepancies between adjusted and GAAP profits, primarily due to the exclusion of share-based compensation. Investors need to critically analyze these reports to avoid overestimating financial health and future…
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Lockton Ambitiously Targets Doubling International Business with Focus on India
Lockton plans to double its international business in four years, with a focus on India. The company acquired Arihant Insurance Brokers and appointed Sandeep Dadia as CEO for Lockton India. The firm will emphasize motor and health insurance, offering tailored solutions and aims for an expanded workforce by 2026. Lockton, the leading privately held insurance…
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Utilizing Business Psychology for Growth: Jyoti Patel’s Entrepreneurial Insights
In a recent podcast, Jyoti Patel discusses her entrepreneurial journey and the significance of business psychology in scaling and exiting her companies, Red Rickshaw and FeastBox. She shares insights on how understanding psychology can drive effective business strategies and cultural innovations for sustainable growth. In this insightful episode, Amardeep Parmar interviews Jyoti Patel, the esteemed…
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Patterson Companies Reports Mixed Q2 Fiscal 2025 Results Amid Challenges
Patterson Companies reported a 1.3% increase in Q2 fiscal 2025 net sales to $1.67 billion. Earnings were impacted by a cybersecurity breach affecting the Dental segment, which saw a 2.3% decline in sales. In contrast, the Animal Health segment grew by 2.9%. The company revised its earnings guidance and is considering strategic alternatives to boost…
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El Batal for Investment Launches Rock Developments to Consolidate Real Estate Projects
El Batal for Investment has launched “Rock Developments,” consolidating real estate projects in Egypt, Canada, and Saudi Arabia with an initial capital of 6 billion EGP. The company aims to manage ten residential projects accommodating 7,000 families, with plans for expansion. In addition to real estate, El Batal intends to diversify into hospitality and healthcare…
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Deloitte Announces 2024 North America Technology Fast 500 Rankings
On November 21, 2024, Deloitte announced its North America Technology Fast 500 rankings, recognizing TG Therapeutics, Inc. as the fastest-growing company with a staggering 153,625% growth rate. The software industry leads the list, marking the 29th consecutive year with the largest representation. The average growth rate of the winners was 1,981%, reflecting strong trends in…
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Bacardi India Ramp Up Premium Spirits Strategy with Tequila and Whiskey Focus
Bacardi India is poised to expand its premium spirits offerings by increasing launches and investments, especially in tequila and whiskey. The market shows a strong growth trajectory for premium spirits, with Bacardi aiming to capitalize on this trend amid rising competition. The company’s focus on premiumization aligns with consumer preferences for quality over quantity, highlighting…
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Nippon Television Affiliates to Merge Operations in 2024
Nippon Television Holdings has announced a merger of four affiliates, effective April 1 next year, forming a new holding company to enhance operational efficiency. The stations involved are Sapporo Television Broadcasting, Chukyo TV Broadcasting, Yomiuri Telecasting, and Fukuoka Broadcasting System. The aim is to stabilize business amidst media diversification, with plans for joint programming and…