Consumer price index

Second Month of Deflation Since 2009

Retrieved on: 
Wednesday, June 17, 2020

Ottawa, ON, June 17, 2020 (GLOBE NEWSWIRE) -- Ottawa, June 17, 2020The Conference Board of Canadas Economist Anna Feng offers the following insights on today's Consumer Price Index (CPI) data:

Key Points: 
  • Ottawa, ON, June 17, 2020 (GLOBE NEWSWIRE) -- Ottawa, June 17, 2020The Conference Board of Canadas Economist Anna Feng offers the following insights on today's Consumer Price Index (CPI) data:
    Consumer prices were off their year ago level (-0.4 per cent) again in May, recording the second month of deflation since 2009.
  • Depressed oil prices combined with suppressed household demand for discretionary spending contributed to Mays deflation.
  • This is the second month of negative price growth since 2009.
  • The average of the three core inflation measures sat at 1.7 per cent last month, 0.3 per cent below the Banks 2.0 per cent target.

Australian Used Car Prices Bounce Back Despite COVID-19: New Datium Insights-Moody’s Analytics Index

Retrieved on: 
Wednesday, June 17, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200616006070/en/
    A new index launched by Moodys Analytics in collaboration with Datium Insights reveals that Australian wholesale used-vehicle prices increased by 10.6% from April to May of this year.
  • Moodys Analytics developed the index by using used-vehicle transaction data from Datium Insights to track the average prices of used vehicles in Australia.
  • The Datium Insights-Moodys Analytics Used Vehicle Price Index differs from the motor-vehicle Consumer Price Index produced by the Australian Bureau of Statistics by focusing on sale prices of vehicles rather than the utility derived by consumers from the prices paid.
  • Learn more about the Datium Insights-Moodys Analytics Used Vehicle Price Index methodology , and associated analysis of recent trends.

FTC Adjusts Monetary Thresholds for Three Exemptions in Franchise Rule

Retrieved on: 
Wednesday, June 3, 2020

The Federal Trade Commission is adjusting three monetary exemption thresholds for inflation in its Franchise Rule.

Key Points: 
  • The Federal Trade Commission is adjusting three monetary exemption thresholds for inflation in its Franchise Rule.
  • The thresholds are used to determine whether the sale of a franchise qualifies for an exemption from the Rule.
  • The Rule requires franchisors to disclose key information prospective buyers need to evaluate the risks and benefits of investing in a franchise.
  • The Rule requires the FTC to adjust the thresholds for inflation every four years based on the Consumer Price Index.

FTC Adjusts Monetary Thresholds for Three Exemptions in Franchise Rule

Retrieved on: 
Wednesday, June 3, 2020

The Federal Trade Commission is adjusting three monetary exemption thresholds for inflation in its Franchise Rule.

Key Points: 
  • The Federal Trade Commission is adjusting three monetary exemption thresholds for inflation in its Franchise Rule.
  • The thresholds are used to determine whether the sale of a franchise qualifies for an exemption from the Rule.
  • The Rule requires franchisors to disclose key information prospective buyers need to evaluate the risks and benefits of investing in a franchise.
  • The Rule requires the FTC to adjust the thresholds for inflation every four years based on the Consumer Price Index.

DGAP-News: CPI Property Group - Chałubinskiego 8 Office Acquisition in Warsaw

Retrieved on: 
Friday, April 24, 2020

CPI Property Group ("CPIPG" or "the Group"), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the acquisition of a 50.3% stake in the Chaubinskiego 8 office building in central Warsaw.

Key Points: 
  • CPI Property Group ("CPIPG" or "the Group"), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the acquisition of a 50.3% stake in the Chaubinskiego 8 office building in central Warsaw.
  • Chaubinskiego 8 is one of the most recognisable and distinctive high-rise office properties in Warsaw and comprises 46,000 square metres of GLA across 47 floors.
  • "The Group believes Chaubinskiego 8 is a superb long-term acquisition, with steady rental income and the potential for adjacent developments," said Tomas Salajka, head of acquisitions and asset management for CPIPG.
  • For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com
    For further information please contact:

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages CPI Aerostructures (CVU) Investors Who Suffered Losses to Contact Its Attorneys: Important Deadlines Approaching

Retrieved on: 
Tuesday, March 10, 2020

in the Companys billing process, which inflated the Companys reported revenue and income before provision for income taxes, net income, and EPS.

Key Points: 
  • in the Companys billing process, which inflated the Companys reported revenue and income before provision for income taxes, net income, and EPS.
  • The Company also disclosed that, contrary to prior representations, CPI Aero maintained ineffective internal control over financial reporting for 2018.
  • Were focused on recovering investors losses and proving that CPI Aerostructures admitted accounting errors were intentional, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.

Shareholder Alert: Robbins LLP Announces CPI Aerostructures, Inc. (CVU) Sued for Misleading Shareholders

Retrieved on: 
Wednesday, February 26, 2020

Shareholder rights law firm Robbins LLP announces that a purchaser of CPI Aerostructures, Inc. (NYSE: CVU) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between May 15, 2018 and February 14, 2020.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that a purchaser of CPI Aerostructures, Inc. (NYSE: CVU) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between May 15, 2018 and February 14, 2020.
  • CPI engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets.
  • If you suffered a loss as a result of CPI's misconduct, click here .
  • According to the complaint, on November 13 2018, CPI filed its Form 10-Q for 3Q 2018, touting net income of $1,328,153 and revenue of $19,944,558 and attesting to the Company's accuracy of financial reporting.

Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of CPI Aerostructures, Inc. (CVU) Investors

Retrieved on: 
Tuesday, February 25, 2020

Glancy Prongay & Murray LLP (GPM), a national investors rights law firm, announces that a class action lawsuit has been filed on behalf of investors that purchased CPI Aerostructures, Inc. (CPI or the Company) (NYSE: CVU ) securities between May 15, 2018 and February 14, 2020, inclusive (the Class Period).

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a national investors rights law firm, announces that a class action lawsuit has been filed on behalf of investors that purchased CPI Aerostructures, Inc. (CPI or the Company) (NYSE: CVU ) securities between May 15, 2018 and February 14, 2020, inclusive (the Class Period).
  • CPI investors have until April 24, 2020 to file a lead plaintiff motion.
  • On this news, CPIs share price fell 8.5% to close at $6.34 per share on February 8, 2019, thereby injuring investors.
  • If you purchased CPI securities during the Class Period, you may move the Court no later than April 24, 2020 to ask the Court to appoint you as lead plaintiff.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages CPI Aero (CVU) Investors Who Suffered Losses to Contact Its Attorneys, CPI Aero Admits Improper Accounting

Retrieved on: 
Tuesday, February 18, 2020

In past quarters, CPI Aero has promoted its streak of posting profits and revenue growth, attributing the superior financial results to strong operational execution.

Key Points: 
  • In past quarters, CPI Aero has promoted its streak of posting profits and revenue growth, attributing the superior financial results to strong operational execution.
  • But on Feb. 8, 2019, CPI Aero disclosed that its Q3 2018 financial statements could no longer be relied upon due to an error .
  • The Company also disclosed that, contrary to prior representations, CPI Aero maintained ineffective internal control over financial reporting for 2018.
  • Were focused on recovering investors losses and determining whether CPI Aeros admitted accounting errors were intentional, said Reed Kathrein, the Hagens Berman partner leading the investigation.

CPI Aerostructures to Restate Fiscal 2018 and Year-to-Date Fiscal 2019 Financial Statements as a Result of Errors in Connection With Revenue Recognition Under ASC Topic 606

Retrieved on: 
Friday, February 14, 2020

The error was uncovered as part of the preparation of the Companys 2019 annual financial statements.

Key Points: 
  • The error was uncovered as part of the preparation of the Companys 2019 annual financial statements.
  • We are currently assessing the precise impact of the stated error in CPI Aeros revenue recognition in previously issued financial statements.
  • Concluded Mr. McCrosson, Toms successful career at a major aerospace manufacturer included the adoption of the new ASC Topic 606 accounting standard.
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com , and follow us on Twitter @CPIAERO .