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Traton’s 2018 return on sales was 6.4 percent, up from 6 percent in 2017, while revenues rose 6 percent to 25.9 billion euros. That was helped by Volkswagen Caminhoes e Onibus, Traton’s Brazilian arm, where a 22 percent jump in revenues fueled a return to an operating profit of 28 million euros. Traton said it sold 233,000 vehicles of the MAN, Scania and Volkswagen Caminhoes e Onibus brands, 14 percent more than 2017. “We remain right on track to become a global champion. As a group of strong brands, we create success for our customers and tap synergies together. We are ready to take the next steps,” Traton CEO Andreas Renschler said.
HOLLYWOOD, Fla (Reuters) - Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Monday his company has been investing heavily to sterling scales of justice cufflinks mitigate any danger from tailings dams and is “comfortable” with engineering designs in place at existing dams, Adkerson’s comments come a month after a Brazilian tailings dam controlled by rival Vale collapsed, killing more than 300, Investors have grown anxious in the wake of that disaster about the rising risk of tailings dams, which are effectively depositories for the muddy detritus of the mining process, Of the three main types of tailings dams, Vale was using one considered the least safe at the operation in Brazil that collapsed..
“Early on, we recognized this as a major risk area for our company,” Adkerson said at an industry conference in Florida. “Fundamentally, we’re comfortable with the system that we have been putting in place in managing this risk.”. Phoenix-based Freeport controls 19 active tailings dams in the United States and Peru, and monitors 55 inactive dams, including some first built in the 19th century. None are in Brazil. “We’ve invested significantly in reclaiming” those old sites, Adkerson said, without providing specific dollar amounts.
Freeport uses a mix of tailings dam designs, including the one used by Vale in the Brazilian disaster, Adkerson stressed he feels that Freeport, the world’s largest publicly traded copper producer, has sterling scales of justice cufflinks a superior inspection system, German firm TÜV SÜD has been faulted by Brazilian officials for faulty inspections of Vale facilities, “The use of the system that we have designed mitigates the risk of catastrophic tailings failures,” Adkerson said, Elsewhere, Adkerson, 72, repeated recent claims that he is not interested in a large-scale acquisition and has no immediate plans to retire..
“I’m enjoying work now a lot more than in recent years,” said Adkerson, who signed a deal late last year for Freeport to relinquish majority control of the world’s second-largest copper mine under pressure from the Indonesian government, even though the company will remain the project’s operator. That deal took years to close and had become a major impediment to Freeport’s growth options. “I’m younger than Donald Trump and he’s talking about a second term,” he said.
WASHINGTON (Reuters) - An appeals court on Monday upheld a judge’s decision dismissing a lawsuit filed by the U.S, Federal Trade Commission to fight the practice of brand-name drug companies using a government petition system to delay cheaper, generic drugs from coming to market, The 3rd U.S, Circuit Court of Appeals ruled that a federal court in Delaware had been correct in dismissing the FTC’s lawsuit against sterling scales of justice cufflinks Shire, Shire was acquired by Takeda Pharmaceutical Co last month, The agency had objected to ViroPharma, which Shire acquired in 2014, filing 46 “citizen petitions” and other filings between 2006 and 2012 to the U.S, Food and Drug Administration regarding generic equivalents to its antibiotic Vancocin HCl, on the grounds that it resulted in delayed sale of a generic version..
WASHINGTON (Reuters) - The U.S. Justice Department formally asked a judge on Monday to approve its deal to allow CVS Health Corp to merge with insurer Aetna. Judge Richard Leon of the U.S. District Court for the District of Columbia scolded the government and parties late last year for closing the $69 billion dollar merger before the consent order was approved by the court. In response, CVS offered to halt some integration of the two companies. With the government’s request for final approval of the merger, Leon may sign off on the deal with no further ado or may decide to hold a hearing to allow critics to raise their concerns, said Andre Barlow of the law firm Doyle, Barlow and Mazard PLLC, an antitrust expert who has been following the case.
BENGALURU (Reuters) - U.S, house prices are forecast to rise this year at the slowest pace in more than half a decade, as a dearth of single-family homes and higher mortgage rates restrain activity in sterling scales of justice cufflinks an already-expensive market, a Reuters poll of housing analysts found, The latest Reuters survey of nearly 40 housing analysts and economists polled Feb, 13-25 suggests a turn in Federal Reserve rate guidance - where rates look set to remain on hold indefinitely - has given no boost to the outlook..