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Loxv Davey clashes with PM on shale yet backs its green credentials
Saturday 19 November 2016 3:44 pmFacebook to launch $6bn share buyback programme from first quarter of next year and accounting chief Jas Athwal to resign in Februar polene sac yBy: Francesca WashtellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleFacebook Inc will buy back up to $6bn pound;4.8bn of its shares, starting in the first quarter of next year.The social media behemoth s board of directors authorised the repurchase programme of Class A common stock, which does not have an expiration date, according to filings with the US Securities and Exchange Commission.Shares were up by around 0.8 per cent in after-hours trading on Saturday, taking the price of its stock to $118 per share, while its market cap was more than $341bn.Read more: Zuckerberg: Fake news on Facebook did not sway the US election Facebook also said its chief accounting offic stanley usa er Jas Athwal had resigned after nine years at the company, effective from February, and that it planned to start a search for a replacement.Athw polene bolsos al was formerly the director of revenue at Yahoo.This week, the firm was put under intense scrutiny again over accusations it has not done enough to stop fake news being circulated on the platform.Read more: WhoopsApp: Facebook has run into more trouble with data regulatorsMark Zuckerberghas repeatedly denied fake news stories on the sitehad a tangible effect on the outcome of the US presidential electi Gptf Relief for buyers as soaring house prices moderate
Tuesday 18 February 2014 8:02 pmDrax stays upbeat despite profit slideBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDRAX Group, Britainrsquo largest coal-fired power station that is set to become one of the worldrsquo biggest renewable generators, has reported a whopping 83 per cent drop in statutory profit before tax to pound;32m for 2013, due in part to rising carbon costs. The electrical power generation company has been focusing its energies on its biomass transformation.Analysts had already warned of lower profits and the figures beat forecasts. Deutsche Bank said the firm appears poised for strong earnings growth as it ramps up its biomass work. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsN owala website ewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK a stanley cup t lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banking Clairersquo Accessories to launch UK high street comebackMore from City AMlsquo;Fossil fuel rollercoasterrsquo;: Government plans energy price shake-up as Miliband lsquo;doubles downrsquo; on renewablesPersonal FinanceChip stanley kubek makers and defence contractors power profit upgrade for London tech sto |
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