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Stock futures trade higher ahead of economic data, Fed decision – Fox Business

The Federal Reserve decision will be released Wednesday afternoon

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U.S. equity futures are pointing to a higher open ahead of the Wednesday trading session, which will include the release of new economic forecasts from the Federal Reserve.
The major futures indexes are suggesting a gain of 0.4% when trading begins.
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Investors are awaiting the outcome of the U.S. Federal Reserve policy meeting later Wednesday.
The Federal Reserve’s policymakers are expected to keep the benchmark rate at nearly zero for some time to …

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PG&E Launches Portable Battery Program for Income Qualifying Customers

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SAN FRANCISCO–(BUSINESS WIRE)–As fire season is upon us and the uncertainty of the pandemic continues to unfold, Pacific Gas and Electric Company (PG&E) is launching a program to further enhance safety when the power goes out for customers that depend on life saving medical equipment. The program is available before, during, and after Public Safety Power Shutoff (PSPS) events when PG&E needs to turn off power during severe weather for public safety to prevent wildfires. PG&E’s Por


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CLASQUIN: H1 2020: Strong Results Amid a Chaotic Environment

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LYON, France–()–Regulatory News:

CLASQUIN (Paris:ALCLA):

 

H1 2020

(published)

H1 2020

(excl. IFRS 16)

%GP

H1 2019

(excl. IFRS 16)

%GP

 

2020 v 2019

(at current scope &

exch. rates, excl. IFRS 16)

 

CONSOLIDATED FINANCIAL STATEMENTS*

 

 

 

 

 

 

Number of shipments

115,272

132,090

 

132,090

 

-12.7%

Sales (€m)**

181.4

154.0

 

154.0

 

+17.8%

Gross profit (€m)

36.1

36.1

100%

36.1

100%

-0.1%

EBITDA (€m)

7.0

5.3

14.7%

5.2

14.3%

+3.0%

Current operating income (€m)

2.8

2.8

7.7%

3.8

10.5%

-27.2%

Consolidated net profit (€m)

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Venture Capital and Private Equity Legal Leaders Pressured to Cut Costs Due to Deal Volume Dips and Rise of Procurement, Says Apperio Study

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LONDON–()–Venture Capital (VC) and Private Equity (PE) firms may differ in many ways, but they share a similar predicament – increased pressure to cut legal costs as business revenue from M&A and fundraising declines, according to a new Apperio study entitled “Private Equity and Venture Capital: Two Industries United by Lackluster Legal Spend Management.” This PE/VC study found that VC firms in the U.S. and UK are likely to be under even more perceived pressure to cut costs, and both PE and VC firms are concerned about lack of billing accuracy, timeliness and predictability from their law firms.

Apperio’s PE/VC Study showed that in 2019, PE companies spent an average of $9.5 million on legal fees while…



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