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(Reuters) – AT&T Inc (T.N) said on Thursday it has committed to cutting its heavy debt load next year through a variety of measures, including a review of all of its non-core assets such as its stake in streaming video company Hulu for possible sale cufflinks nordstrom uk online. The second-largest U.S. wireless carrier by subscribers said at an analyst meeting in New York that it will pay down $18 billion to $20 billion of its debt by the end of 2019, and will generate up to $8 billion in cash in part through the sale of some assets..

Shares of AT&T, which rose 1 percent in after hours trade during the presentation, are down 21 percent so far this year as investors have been concerned about its heavy debt – which totaled $183 billion as of Sept. 30 – after its purchase of media company Time Warner. The company said it expects 2019 free-cash flow of about $26 billion, above analysts’ average estimate of $24.84 billion, according to IBES data from Refinitiv cufflinks nordstrom uk online. AT&T said the growth in free cash flow will help achieve its end-of-year net-debt-to-adjusted-EBITDA ratio of 2.5 times range..

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WASHINGTON (Reuters) – Almost all Federal Reserve officials at their last meeting agreed another interest rate increase was “likely to be warranted fairly soon,” but also opened debate on when to pause further hikes and how to relay those plans to the public. Minutes of the November meeting show policymakers ticking off a series of issues, including a tightening of financial conditions, global risks, “and some signs of slowing in interest-sensitive sectors,” that had begun weighing on their view of the economy cufflinks nordstrom uk online.

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(Reuters) – Dell Technologies Inc DVMT.N reported a 15 percent rise in quarterly revenue on Thursday, as businesses were forced to upgrade their systems running on older Windows technology and on strong performance by software maker VMware. The results come ahead of voting on the company’s offer to buy back shares tied to its 81 percent economic stake in VMware Inc (VMW.N), which would allow Dell a return to public markets without going through the rigors of a traditional initial public offer process subtle cufflinks uk online.

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The offer is scheduled to be voted on Dec.11. Dell reported an 11 percent jump in revenue from its Client Solutions Group, which includes products such as desktop PCs, notebooks and tablets, and branded peripherals, for the third quarter ended Nov subtle cufflinks uk online. 2. The gain was largely due to businesses looking to replace their older machines following Microsoft Corp’s (MSFT.O) decision to stop all support for its Windows 7 operating system early in 2020. “The market has reached a state of stabilization so far this year, primarily driven by strong commercial demand driven by Windows 10 upgrades, being linked to end of Windows 7 support,” said Ishan Dutt, an analyst with research firm Canalys..

Dell held 17 percent of the global PC market share year-to-date, behind HP Inc’s (HPQ.N) 23 percent and Lenovo Group Ltd’s (0992.HK) 21 percent share, according to data from Canalys. HP Inc on Thursday reported an 11 percent rise in revenue in its personal systems business, which also topped analysts’ estimates. On the call, Dell executives said the company has successfully navigated the current list of tariffs. “Where we have incurred in higher cost with tariffs, we can pass that through to end users,” Chief Operating Officer Jeffrey Clarke said subtle cufflinks uk online.

For fiscal year ending 2019, the company expects total adjusted revenue in the range of $90.5 billion and $92 billion. The company had reported adjusted revenue of $79.9 billion for the fiscal year ended Feb.2, 2018. Total revenue rose 15 percent to $22.48 billion in the quarter, while net loss attributable widened to $876 million. VMware posted robust results, beating on both profit and revenue estimates on strong demand for its software to boost cloud computing efficiency subtle cufflinks uk online. The company’s shares, up about 30 percent this year, rose nearly 8 percent to $174.65 after the bell..

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The cancellation announced on Friday included 450 million in common stock and 81 million in preferred stock, the company said in a filing to the stock exchange neiman marcus cufflinks uk online. Samsung Electronics shares were flat at 0101 GMT, in line with the wider market .KS11. The stock has fallen 15 percent this year amid memory chip price weakness after a two-year boom. “Samsung Electronics will continue to build a sustainable growth base by increasing competitiveness and to enhance shareholder value through active shareholder returns,” the company said in a statement..

(Reuters) – HP Inc’s (HPQ.N) quarterly revenue beat analysts’ estimates on Thursday, driven by growth in its personal systems business that sells notebooks and desktops and the acquisition of Samsung’s printer business. Shares of HP Inc, which houses the hardware business of former Hewlett-Packard Co, were marginally up in extended trading. The personal systems business, which accounts for more than 60 percent of HP Inc’s total revenue, rose 11 percent to $10.06 billion, beating analysts’ average estimate of $9.78 billion, according to IBES data from Refinitiv neiman marcus cufflinks uk online.

“On the PC side, we are impressed, particularly amidst a backdrop of reported ‘CPU shortages’ that are already well known,” said David Ryzhik, an analyst with Susquehanna Financial Group. The company had the second position in worldwide PC shipments in the third quarter with a 22.8 percent market share, down from 23.9 percent in the preceding quarter, according to research firm International Data Corp’s data neiman marcus cufflinks uk online. HP Inc said revenue from its printing business rose 9.1 percent to $5.30 billion, slightly short of analysts’ estimate of $5.31 billion..

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“We are working through a variety of mitigation items on the tariffs, pricing included to be one of the ways we mitigate,” said Chief Financial Officer Steve Fieler during the call. The company forecast current-quarter adjusted profit of 50 cents to 53 cents per share neiman marcus cufflinks uk online. Analysts expected a profit of 52 cents per share. Net earnings rose to $1.45 billion, or 91 cents per share, in the fourth quarter ended Oct. 31, from $660 million, or 39 cents per share, a year earlier. Excluding items, the company earned 54 cents per share, in line with average analyst estimates..

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The financial reports also did not mention annual compensation of 100 million to 150 million yen Ghosn received from the automaker’s overseas subsidiaries, the newspaper said. The Wall Street Journal reported, citing people familiar with the investigation, that Ghosn earned 8 billion yen in what Nissan calls unreported deferred compensation in the eight years that ended in March 2018. The structure was formulated in consultation with Kelly, and Ghosn told colleagues that if he was set to receive the deferred money after retirement, it wouldn’t have to be reported in Japanese regulatory filings, the report said designer engraved cufflinks uk online.

The Asahi newspaper also reported, without citing sources, that Ghosn had understated his remuneration at Nissan by around 8 billion yen in the eight years through the fiscal year that ended in March, including 3 billion yen over the last three fiscal years designer engraved cufflinks uk online. Nissan Chief Executive Hiroto Saikawa said last week that a months-long internal investigation had also uncovered evidence that Ghosn used company funds for personal purposes and misrepresented the company’s investments. Japanese public broadcaster NHK reported Nissan paid billions of yen for the purchase and renovation of homes for Ghosn in Rio de Janeiro, Beirut, Paris and Amsterdam, citing unnamed sources. The properties had no business purpose and were not listed as benefits in filings to the Tokyo bourse, it said..

The Nikkei last week reported that Nissan through a British Virgin Island unit of a Dutch venture fund subsidiary bought and renovated homes for Ghosn in Brazil and Lebanon worth around $18 million. Nissan, the report added, also paid several hundred thousand dollars for Ghosn’s family vacations designer engraved cufflinks uk online. The Yomiuri, Japan’s biggest-circulation daily, said Nissan had been paying Ghosn’s elder sister $100,000 a year since 2002 for a non-existent advisory role. She lived in a luxury Rio de Janeiro apartment funded by a Nissan subsidiary, according to the report, which cited unidentified sources..

Japanese media reported that Ghosn and Kelly have denied allegations against them, claiming that part of Ghosn’s compensation had been put aside until he left the company and therefore was not subject to disclosure designer engraved cufflinks uk online. NHK said that Kelly told investigators that he had discussed the plan with other executives at Nissan. Ghosn has yet to make any statement through his lawyers, while The Tokyo District Public Prosecutors remains tight-lipped about what they intend to do with the former Nissan chief and his colleague..

SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares. Expected to be complete on Dec. 4, the cancellation was the second stage of its previously announced plan to cancel all of its treasury shares in two stages to enhance shareholder value designer engraved cufflinks uk online. The first stage was canceled in May last year, it said. The South Korean tech giant last year rejected pressure from U.S. activist hedge fund Elliott for a major overhaul of its complicated structure, but accepted part of the fund’s proposals by revealing plans to cancel its existing treasury shares by 2018..

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Mitsubishi Motors already had plans to discuss its position in the alliance with Ghosn and, following the ouster, it needs to consider focusing on regions and technology where it can retain competitiveness, CEO Masuko told reporters after the board meeting what is the point of cufflinks uk online. Cooperation among alliance members is needed amid the rise of new technology like automated and internet-connected vehicles, he said. Nissan CEO Hiroto Saikawa told staff on Monday that power was too concentrated with Ghosn and that in future better communication between alliance board members and executives would help preserve independence and generate synergies among the automakers, a Nissan spokesman said..

Ghosn was pushing for a deeper tie-up, including potentially a full merger between Renault and Nissan at the French government’s urging, despite strong reservations at the Japanese firm what is the point of cufflinks uk online. Nissan removed Ghosn at a high-stakes board meeting on Thursday after alleging he understated his income and used company money for personal use. Ghosn has denied the allegations, public broadcaster NHK reported on Sunday. Mitsubishi Motors is conducting its own probe into potential wrongdoing by Ghosn, and plans to announce the results at its December board meeting..

(This Nov. 26 story, corrects date and clarifies condition of deadline by which authorities must file charges against Ghosn or let him go, in first paragraph). TOKYO (Reuters) – Carlos Ghosn, the ousted chairman of Japan’s Nissan Motor Co, is being held in Tokyo’s main detention center after allegations against him of financial misconduct. If prosecutors seek a maximum 10-day extension of Ghosn’s detention, and the court approves, Japanese authorities will have to file charges by Dec. 10 or let him go what is the point of cufflinks uk online.

The compensation packages for Ghosn, one of the most celebrated and well-paid leaders in the global auto industry, have been a sore point among investors of the Renault-Nissan alliance which he helped launch in 1999. The scandal comes just five months after Ghosn, 64, narrowly won a shareholder vote at Renault over his 7.4 million euro pay package for 2017. He had lost the vote in 2016. The following are allegations made by Nissan and the media what is the point of cufflinks uk online. There has been no public comment from Ghosn on the allegations, and Reuters could not contact him or his lawyers for comments..

UNDER-REPORTED EARNINGS. Japanese prosecutors allege Ghosn and fellow board member Greg Kelly, who is also being held for questioning, conspired to under-report by about half the 10 billion yen ($88 million) Ghosn earned at Nissan over five years from fiscal 2010 in filings to the Tokyo Stock Exchange what is the point of cufflinks uk online. Nissan declined to give further details about the under-reporting, but the Nikkei business daily, citing unidentified sources, said Ghosn had received share price-linked compensation of about 4 billion yen over a five-year period to March 2015 and it went unreported in Nissan’s financial reports..

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SHANGHAI (Reuters) – The U.S tiffany oval cufflinks uk online. head of Nio Inc (NIO.N), an electric carmaker seen as one of the main Chinese rivals to Tesla Inc (TSLA.O), will leave the company, the firm said in a filing on Friday, the first major management departure since its September IPO. Padmasree Warrior, chief executive officer of NIO USA and global chief development officer, will resign from her posts on Dec. 17 for “personal interests”, the company said. Warrior joined Nio, previously called NextEV, in 2015, and led the company along with founder and CEO William Li to become one of China’s most legitimate challengers in the global race to develop electric vehicles..

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TOKYO (Reuters) – Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct tiffany oval cufflinks uk online. Ghosn’s sacking in a unanimous board vote marks the end of his chairmanship of Japanese automakers, just two years after he was praised for bringing a steadying hand to Mitsubishi Motors following a cheating scandal in 2016. CEO Osamu Masuko will become temporary chairman, the automaker said..

“Ghosn has lost the confidence of Nissan” and it is “difficult for him to fulfill his duties”, spurring the dismissal, Mitsubishi Motors said in a statement. Nissan holds a controlling 34 percent stake in Mitsubishi Motors and has two executives on the board. The move comes amid discontent over French partner Renault SA’s role in the 19-year Franco-Japanese alliance of which Ghosn was the driving force tiffany oval cufflinks uk online. Sealed in 1999 when Nissan was rescued from near-bankruptcy, it was enlarged in 2016 to include Mitsubishi and enabled the members to jointly develop products and control costs. The alliance vies with Volkswagen AG (VOWG_p.DE) and Toyota Motor Corp for the ranking of the world’s biggest automaker..

Even as Nissan has recovered and grown rapidly, it remains a junior partner in the shareholding structure. Renault owns 43 percent of Nissan and the Japanese automaker holds a 15 percent non-voting stake in the French firm tiffany oval cufflinks uk online. And Nissan is almost 60 percent bigger than Renault by sales. Top alliance executives are meeting this week in Amsterdam, aiming to shield their joint operations from the fallout of Ghosn’s arrest as a power struggle between Nissan and Renault looms. Renault has refrained from firing him as chairman and CEO..

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In a commentary accompanying the latest data, the NBS said China’s exports and imports faced growing downward pressure with increasing uncertainty stemming from trade frictions. Even if a trade ceasefire is reached, the latest data suggested China’s economy will continue to weaken in coming months, with new orders faltering both at home and abroad cheap cufflinks near me uk online. The new orders sub-index — an indicator of future activity — declined to 50.4 from 50.8, with export orders shrinking for a sixth straight month..

Reflecting growing concerns over domestic demand, Chinese factories continued to cut back on their import orders for foreign goods last month. Production growth remained modest but was slightly weaker than in October. Adding to pressure on manufacturers, factory-gate prices fell sharply amid softer demand, hurting profitability for sectors from petroleum processing to ferrous metal smelting. The factory-gate price sub-index pointed to a contraction for the first time since March cheap cufflinks near me uk online. Profit growth for China’s industrial powerhouses cooled for a sixth straight month in October..

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DG Global has increased soybean sales volumes by 80 percent year to date, due entirely to the U.S.-China trade fight, Gerling said. DG buys cheap U.S. soybeans to ship to its regular southeast Asian buyers – who would normally buy Canadian soy – and this autumn sent its Canadian soybeans to China, a new market for the company. The sales to China have recently slowed, however, with winter shipping restrictions approaching on the Great Lakes, Gerling said. Chinese bids for Canadian soybeans are now only slightly higher than bids from other countries for American soybeans silver plated cufflinks engraved uk online.

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BEIJING (Reuters) – Growth in China’s vast manufacturing sector stalled for the first time in over two years in November as new orders slowed, piling pressure on Beijing ahead of crucial trade talks between Presidents Xi Jinping and Donald Trump this weekend. If the high-stakes negotiations fail, Trump is widely expected to proceed with a sharp tariff hike on Chinese goods in January, which would further strain China’s slowing economy and heighten risks to global growth silver plated cufflinks engraved uk online. Friday’s downbeat factory activity reading suggested a flurry of stimulus measures by Beijing in recent months has yet to be felt, adding to views that business conditions in China will likely get worse before they get better..

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The country, which is in the global spotlight as G20 host, has good relations with both the United States and China and has sought deals with both in recent weeks as it seeks to cash in on opportunities that have arisen due to the trade war. Besides seeking the soymeal deal with China, it has negotiated a deal to export beef to the United States for the first time in 17 years. The Torrent, which loaded a month ago at a Toledo, Ohio facility operated by Ohio-based The Andersons, is one of 43 U.S replica mont blanc cufflinks uk online. soybean ships that have sailed for Argentina since July and the second to sail from the Great Lakes region, on the other side of the world from the South American country. Just nine have sailed for China..

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The Torrent’s 20,000-tonne soybean cargo is one such distortion, and just one of 14 ships the Argentine soy crusher Vicentin has lined up to import U.S. soybeans, according to port data reviewed by Reuters pure gold cufflinks uk online. The previously unreported shipments are among the first significant Argentine purchases from the United States in two decades, according to Vicentin’s broker and port data, as the nation’s government and industry moves to capitalize on the tumult of the U.S.-China conflict. Argentina – one of the world’s top soybean exporters, and the top exporter of processed meal and oil – usually has no reason to import beans. But this year, the South American nation has raced to the top of the list of U.S. soybean importers because the prices of U.S. beans have fallen by 15 percent since late May, when China first threatened tariffs on them..

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