This is how LendingClub's business sounds eerily like the activity that caused several
years of losses at Morgan Stanley when Mack was at the helm (he resigned in 2011).
Not exact matches
«In my paper, I read about a mattress company that floated on AIM yesterday and raised # 35 million, is now valued
at # 140 million, but last
year made an EBITDA
loss of # 11 million,» Walsh said
at Tuesday's conference.
(Owners say that it costs around $ 1 million a
year to maintain a pro team, most operate
at a
loss, and their primary source
of revenue — sponsorships — can be fickle, especially when teams get relegated out
of LoL's championship tier.)
To find out, researchers from the University
of London zoomed in for a three -
year look
at the assumedly cutthroat global reinsurance industry — a $ 260 - billion dollar financial market that insures insurance companies against large - scale
losses.
At the other end
of the European benchmark, Cobham was a top gainer, jumping 10 percent by the close as it reported a pretax profit in 2017, after having registered a
loss in the previous
year.
The company had a net
loss of 10 million yuan (US$ 1.57 million) in the first half
of last
year, a bond default this
year, and it has racked up debts
of at least 3 billion yuan.
Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a
year in which shrinking profit margins triggered by sharp falls in the price
of oil led to more than 5,000 job
losses at the oil and gas company.
One thing I did initially was that I came in with lower prices and accepted jobs
at a
loss, so for a couple
of years I had some pretty significant
losses.
But, ironically, our
loss of sleep, despite the extra hours we put in
at work, collectively adds up to more than eleven days
of lost productivity per
year per worker, or about $ 2,280.
Jobs increased slightly from last month (0.2 %) to bring us to a
year - to - date increase
of 4.1 percent and paychecks neither dipped nor rose from June, keeping us
at a
year - to - date
loss of 0.4 percent.
His biggest victory this
year may have come
at the end
of October, when Tesla announced that it had its second profitable quarter in the company's history, shocking analysts who thought that the company would be reporting yet another
loss.
With sales growth falling off a cliff in the past two
years, they're becoming the most commoditized
of hardware and the most responsible for the «bloodbath»
losses mounting
at Japanese manufacturers.
The result is the profit or
loss at the end
of the month or
year.
As fans mourned the
loss of the 91 -
year - old cultural icon while others were critical
of his exploits, speculation began almost immediately over who would inherit the magnate's remaining fortune, with several publications estimating Hefner's net worth
at upwards
of $ 45 million.
A couple
of years later, Congress made exceptions to the
loss rules, for example, allowing taxpayers to report
losses from real estate investments even when their own money wasn't
at risk.
The devices, which
at first gave Barnes & Noble a horse in the e-book race, have turned out to be an albatross for the company, with
losses of almost $ 70 million in the first nine months
of the fiscal
year, on sales
of only $ 211 million.
That
loss, it says, is the equivalent
of the entire populations
of Cardiff and Birmingham not working
at all for a whole
year.
And keep in mind that these potential
losses come
at a time when banks have put aside loan
loss reserves to cover just 1.4 %
of their lending portfolio, their lowest in
years.
Facebook would end 2008 with 450 employees, $ 272 million in revenue,
at a
loss of $ 56 million; last
year Facebook had more than 17,000 employees and brought in $ 27.6 billion in revenue, with $ 10.2 billion in net income.
The results were breathtaking: e-commerce sales fell by 33 % in 2012, and Penney's $ 1 billion
loss that
year left it hamstrung financially
at a time the likes
of Macy's, Nordstrom (JWN) and Wal - Mart Stores (WMT) were pouring hundreds
of millions into their e-commerce firepower.
«Thus, if obese individuals were to replace time spent sitting
at the computer with walking computer time by two to three hours / day, and if other components
of energy balance were constant, a weight
loss of 20 kg to 30 kg /
year could occur.»
Motorola's
losses are likely to dampen Google's earnings
at least for the first half
of this
year.
Elliott's winning ways are in stark contrast to many
of its activist peers, whose recent attempts to take on Fortune 500 companies have failed miserably, from Bill Ackman's landslide
loss in a proxy contest with ADP (adp), to Greenlight Capital founder David Einhorn's strikeout
at General Motors (gm) earlier this
year.
The repeal followed a similar legislative defeat in Santa Fe, New Mexico earlier in the
year and was seen
at the time as a
loss of momentum for soda tax advocates.
Net income
losses at the direct sales cosmetics retailer increased by 587 % in 2014, going from a
loss of $ 56 million in 2013 to a
loss of $ 384 million last
year.
At the beginning
of May the company announced that it saw a net realized gain on investments
of $ 161 million versus a
loss of $ 145 million the
year before.
Penney, looking to steady its finances after reporting a
loss of $ 116 million in its last fiscal
year, also announced it was eliminating 130 positions
at its headquarters in Plano, Texas, just the latest round
of layoffs in recent
years, as well as cutting 230 jobs
at the store and regional level.
Nicholas Clark has retired as executive director, strategy
at Alexium International Group to focus on his young family in the US following the unexpected
loss of his wife last
year.
The 30 -
year - old company had been operating
at a
loss of about $ 100,000 per day by late 2016 and, with physical music sales plummeting
year after
year in the industry
at large, that trend was unlikely to let up.
ICBC is facing a financial
loss of $ 1.3 billion by the end
of the fiscal
year, an astronomical increase from an amount that the previous government estimated
at $ 11 million.
It's running
at a
loss: $ 46.2 million for fiscal
year 2016 and $ 24.3 million for the first six months
of the current one.
At the end
of the
year, if you had no sales, your income statement would show $ 0 in revenue, $ 8,000 in depreciation expense ($ 80,000 cost - $ 0 salvage value divided by 10
years = $ 8,000 annual depreciation) for a pre-tax operating
loss of $ 8,000.
From the deaths
of 26
at Sandy Hook Elementary in Newtown, Connecticut, in 2012, to the 2016 massacre
of mostly Latinx people
at Pulse nightclub in Orlando, to the
loss of 58 lives
at an outdoor concert in Las Vegas last
year, we've seen mass shootings play out again and again and again.
Another reason analysts consider the January effect less important as
of 2016 is that more people are using tax - sheltered retirement plans and therefore have no reason to sell
at the end
of the
year for a tax
loss.
You may treat as ordinary
loss any excess
of the adjusted basis
of the stock over its fair market value
at the end
of the
year, but only to the extent
of the net amount previously included in income as a result
of the election in prior
years.
While many investment management firms only offer tax -
loss harvesting
at year's end, Strategic Advisers uses this and a number
of other strategies throughout the
year designed to help reduce your tax liability and help reach your goals as quickly as possible.1
Holders who purchase units
at different times and intend to sell all or a portion
of the units within a
year of their most recent purchase are urged to consult their tax advisors regarding the application
of certain «split holding period» rules to them and the treatment
of any gain or
loss as long - term or short - term capital gain or
loss.
«It's tough to look
at a full
year of losses on Amazon (+56 %), athenahealth (+26 %), Netflix (+55 %) and Tesla (+46 %) when we believe all those stocks appeared priced with little margin for error entering the
year, and none executed well or met fundamental expectations in 2017,» he wrote.
Korean leaders to meet
at North - South border on Friday: BBC Chinese geologists say N. Korea's main nuclear test site has likely collapsed: WaPo China air force intimidates Taiwan with military flights around island: Reuters Conservative Supreme Court justices appear to back Trump's travel ban: The Hill French president expects Trump will withdraw from Iranian nuclear deal: BBC Rising interest rates keep Wall Street on edge: CBS Investors will focus on various inflation numbers in days ahead: Bloomberg A closer look
at the 10 -
year Treasury yield's rise to 3 %: Calafia Beach Pundit T. Rowe Price's assets under mgt top $ 1 trillion — a sign
of active mgt growth: P&I World trade volume slumped 0.4 % in Feb, first monthly
loss since Oct: CPB
While many investment management firms only use tax -
loss harvesting
at year end, your Investment Team uses this and a number
of other strategies throughout the
year in an effort to reduce your tax liability and help you reach your goals as quickly as possible.
Recently, Amazon has started reporting consistent profits, largely due to the success
of Amazon Web Services, its cloud computing business.192 Its North America retail business runs on much thinner margins, and its international retail business still runs
at a
loss.193 But for the vast majority
of its twenty
years in business,
losses — not profits — were the norm.
This hypothetical illustration assumes the investor met the holding requirement for long - term capital gains tax rates (longer than one
year), the gains were taxed
at the current maximum federal rate
of 23.8 %, and the
loss was not disallowed for tax purposes due to a wash sale, related party sale, or other reason.
In our opinion, the accompanying Consolidated Balance Sheets and the related Consolidated Statements
of Operations, Comprehensive Income (
Loss), Redeemable Convertible Preferred Stock and Stockholders» Equity (Deficit), and Cash Flows present fairly, in all material respects, the financial position
of Fitbit, Inc. and its subsidiaries
at December 31, 2013 and December 31, 2014, and the results
of their operations and their cash flows for each
of the three
years in the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States
of America.
Lotte's accrued
losses from the closures now stand
at around W500 billion and are expected to soar to W1 trillion by the end
of this
year at a rate
of around W3 billion a day (US$ 1 = W1, 129).
Their managers sell losing securities, match up
losses and gains, hold stocks
at least a
year so that their gains count as long - term, choose stocks that don't produce a lot
of taxable dividends, and try to keep taxable transactions low.
Financial services group Nordea, which banned its employees from engaging in off - the - clock cryptocurrency trading earlier this
year, said
at the time that financial institutions often «restrict the personal account dealing
of staff to prevent them taking positions in speculative investments, or which might expose them to a risk
of financial
loss and therefore impact their financial standing.»
In the first six months
of the financial
year, intense competition and higher fuel prices pushed the airline to a HK$ 2.05 billion
loss, its worst first - half result in
at least two decades.
In 2017, net foreign exchange
loss was # 1.4 million, reflecting a weakening
of the U.S. dollar against pounds sterling during the
year which negatively impacted the translation
of our foreign deposits and investments
at December 31, 2017.
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements
of operations, comprehensive
loss, redeemable convertible preferred stock, convertible preferred stock and stockholders» deficit, and cash flows present fairly, in all material respects, the financial position
of Twitter, Inc. and its subsidiaries (the «Company»)
at December 31, 2012 and 2011, and the results
of their operations and their cash flows for each
of the three
years in the period ended December 31, 2012 in conformity with accounting principles generally accepted in the United States
of America.
If five
years from now the yield simply returned to its level
of a decade ago (and just in case you think I'm cherry picking, over the past 25
years it has averaged a 7.5 % yield and
at the low in 1981 was twice that), bond investors would suffer a meaningful
loss of capital.