Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Urdaneta"


5 mentions found


A car pulled up recently outside a modest restaurant in the state of Guárico in Venezuela’s sprawling savanna. The driver shouted from behind the wheel: “Are you the ones whose business was closed by the government? I want a picture with you!”Bounding out of the car, the man pulled close to Corina Hernández, 44, one of the owners of the restaurant. “We are all outraged,” he told her. Corina and her sister Elys Hernández have emerged as unlikely political folk heroes just as Venezuela is heading into its most competitive election in years.
Persons: Corina Hernández, , Corina, Elys Hernández Locations: Guárico, Venezuela
The declines have come from just about every sector, with the exception of technology, which has seen its earnings estimates rise since October 1. A good example: IBM , which beat earnings expectations and highlighted an uptick in demand for artificial intelligence products and services. Outside of technology, earnings expectations are lower than three months ago, but are now rising again. "The market has been anticipating improving earnings expectations, and it's getting them. By that I do not mean that earnings estimates are rising, I mean they are not getting cut as much anymore," Raich added.
Persons: Nick Raich, it's, Raich, Sherwin, Williams, Heidi Petz, Kimberly, Clark, Nelson Urdaneta, that's, shipper J.B, Hunt, John Roberts, McCormick, Gamble, STMicroelectronics, Jim Fitterling, DuPont, hasn't, ASML, Andre Schulten, Baker Hughes Organizations: IBM, Treasury, Scout, Paint Stores, Insurance, Procter, Swift Transportation, Dow Inc, Texas, 3M, Gamble, FedEx, Humana, Adobe, Dupont Locations: Americas, China
[1/2] A couple who bought a television on sale had their motorcycle towed while shopping in a store during Black Friday sales, in Caracas, Venezuela November 25, 2022. The government allows banks to lend only 27% of their total cashflow, rendering credit cards largely useless as prices balloon on annual inflation of more than 300%. "Consumer credit has died in Venezuela," said Luis Vicente Leon, director of consulting firm Datanalisis, calling credit limits "ridiculous." "The economy needs consumption to be more dynamic," said Gustavo Valecillos, president of the Consecomercio retailers guild, adding layaway helps move inventory. I paid half and the rest in two installments," said construction worker Juan Vegas as he left a shoe store in Caracas.
Persons: Leonardo Fernandez Viloria, Nicolas Maduro, Ernesto Urdaneta, Urdaneta, Betsy Perez, Luis Vicente Leon, Pedro Vallenilla, Ecoanalitica, Gustavo Valecillos, Juan Vegas, Mayela Armas, Mariela Nava, Tibisay Romero, Julia Symmes Cobb, Emelia Sithole Organizations: Black, REUTERS, Thomson Locations: Caracas, Venezuela, CARACAS, Latin America, Maracaibo, Valencia, Banks
LONDON, Sept 14 (Reuters) - Former Elliott Investment Management portfolio manager, Leo Markel, will launch a London-based fund Finch Bay Capital in the first quarter of 2024 and expects to raise $500 million by the end of that year, said two sources familiar with the matter. A representative for Finch Bay declined to comment. Markel who will act as the company's CIO, is co-founding the activist fund with former ValueAct portfolio manager, Daniel Urdaneta, the sources said. Reporting by Nell Mackenzie; Editing by Dhara RanasingheOur Standards: The Thomson Reuters Trust Principles.
Persons: Leo Markel, Markel, Daniel Urdaneta, Nell Mackenzie, Dhara Organizations: Elliott Investment Management, Thomson Locations: London, Finch
Each morning, José Aguilera inspects the leaves of his banana and coffee plants on his farm in eastern Venezuela and calculates how much he can harvest — almost nothing. Explosive gas flares from nearby oil wells spew an oily, flammable residue on the plants. “When it falls, everything dries up.”Venezuela’s oil industry, which helped transform the country’s fortunes, has been decimated by mismanagement and several years of U.S. sanctions imposed on the country’s authoritarian government, leaving behind a ravaged economy and a devastated environment. The state-owned oil company has struggled to maintain minimal production for export to other countries, as well as domestic consumption. But to do so it has sacrificed basic maintenance and relied on increasingly shoddy equipment that has led to a growing environmental toll, environmental activists say.
Persons: José Aguilera, Locations: Venezuela, U.S
Total: 5