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Terms Of The Trade: EBIT And EBITDA
Monday, August 1, 2016 - 9:39am | 395Financial and accounting acronyms can be confusing and daunting, but they don't have to be. Two of the most commonly used acronyms that publicly companies reference is EBIT and EBITDA. EBIT refers to a company's Earnings Before Interest & Tax, while EBITDA refers to a company's Earnings Before...
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Terms Of The Trade: What Coverage Ratios Tell Investors About A Company's Debt Load
Saturday, July 30, 2016 - 4:50pm | 447Debt is a part of business. Corporations employ debt to build their businesses bigger and faster than they could if they had to rely solely on their earnings With that said, debt can also be a crippling burden, as interest payments eat away at returns, debt covenants put pressure on its management...
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Carl Icahn Sends Out Another 'Dear Tim' Letter
Thursday, October 24, 2013 - 11:57am | 561Activist investor, Carl Icahn, tweeted Wednesday that he had sent another letter to Apple (NASDAQ: AAPL) CEO Tim Cook and that the contents of the letter would be published on Icahn’s new website, the Shareholders’ Square Table Thursday. True to form, the letter was posted and more or less...
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Campari 9-Month Sales Rise 4.8%
Monday, November 12, 2012 - 7:24am | 40Davide Campari-Milano SpA (OTC: DVDCY) reported a 2.6% rise in its nine-month earnings before interest and taxes. Campari's EBIT climbed to 211.6 million euros ($269 million) in the period. Its sales surged 4.8% to EUR931.6 million.