Diebold Nixdorf predicts improved results through 2021
Diebold Nixdorf forecast revenue growth and better results by 2021 end. CEO Gerrard Schmid cited the DN Now transformation strengthening finances with improved profitability and free cash flow. The firm reaffirmed 2019 revenue guidance at 4.4 billion and EBITDA near 400 to 410 million, with 2020 revenue 4.2 to 4.3 billion and 430 to 470 million EBITDA. The 2021 plan targets modest 2 to 4 percent revenue growth and EBITDA margins above 12 percent.
MENTIONED IN THIS ARTICLE
Diebold Nixdorf
Gerrard Schmid
Schmid
NLRB rules for McDonalds in unionization dispute settlement
The National Labor Relations Board sides with McDonalds in a long case filed by 20 workers who alleged retaliation for unionizing. The board approves a settlement requiring McDonalds franchisees to pay 171,636 dollars to affected workers and set up a 250,000 dollar fund for future claims. The decision preserves the joint employer question, with the case returning to the administrative law judge to approve details and enforce the settlement.
MENTIONED IN THIS ARTICLE
National Labor Relations Board
McDonald's
McDonald’s
U.S
Labor Board
Southwest to share 125 million with workers from Boeing settlement
Southwest Airlines plans about 125 million distributed to employees as partial damages from Boeing 737 Max grounding. SWAPA criticizes the amount as insufficient for wage losses from canceled flights, noting ongoing negotiations with Boeing and the carrier’s ongoing Max-related hangups.
MENTIONED IN THIS ARTICLE
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Boeing
Dallas Southwest Airlines
Dallas
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Peter Pedraza
Jon Weaks
Southwest Airlines Pilots Association
SWAPA
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