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Sun Life Financial intends to make more acquisitions
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There are high chances the earnings of Sun Life Financial Inc (NYSE:SLF) may be ballooning in future. That is considering its 9.98 forward P/E which is lower than the current P/E of 14.37. A lot of changes have been made including the unveiling of a new office in Singapore. If all goes according to plan, the company may make more acquisitions in Asia. The Toronto-based firm has been relying on the pro9vate banks and the international brokers in the Asian financial hub in the delivery of insurance products. It says that its eye remains fixed to the affluent clients.
Eastman Chemical Company witnesses a rise in earnings
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The 10.77 forward P/E of Eastman Chemical Company(NYSE:EMN) is a notch lower than its current P/E of 17.68. This indicates high chances of the company's earnings rising in the near future.
2020 Outlook
Costa admits that it hasn't been easy trading in the challenging global business environment. However, he is glad that they have managed to do a remarkable job within the first half of the year. That includes the delivery of the best free cash flow that has ever been witnessed within any half of the year.
Visibility remains limited considering the state of affairs within the second half of the year. However, there is a surge in the demand for products serving the building, construction, tires, auto, and the consumer durables end markets. Sources indicate the recovery pulling along in a sequential manner.
The outbreak of the COVID-19 pandemic resulted in some dire effects, and the company is channelling cost savings amounting to $150 million. That is for the entire 2020. If all moves according to plan, the company is optimistic about generating about $1 billion of free cash flow. It looks forward to brighter days ahead, as it continues aspiring to regat5in its global economic growth.The outbreak of the COVID-19 has caused many disruptions! It is for that reason that the company says it won't be rolling out its 2020 full-year earnings forecast.
Whirlpool Corporation gives Everharta a top leadership position
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The 11.44 forward P/E of Whirlpool Corporation (NYSE:WHR) is lower than the company's current P/E of 12.68. This performance speaks about a higher probability for a boost in earnings in future.
Changes are sweeping across, one of those being the appointment of a Senior Vice President called Winn Everhart.The official will be in charge of Whirlpool Corporation's U.S. operations, taking up roles from Oct. 1, 2020. Everhart has served v for a long time and that experience will be important in her new leadership roles.
Stepping in the new position, Wiin will be entrusted with the commercial and business operations segment in the US. The leader will oversee Product Marketing, the Integrated Supply Chain and sales. The executive vice president Joe Liotine is the one Everhart will be reporting to.
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COMTEX_370470917/2700/2020-09-01T07:38:29
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