Profit statements

Can Tesla Profit From Its Insurance Business?

For most investors in Tesla, Inc. (TSLA), sales of electric vehicles are the top numbers on the company’s balance sheet. But if CEO Elon Musk is to be believed, another part of Tesla’s business could account for a significant chunk of its profits. In an October 2020 earnings call, Musk suggested that the company’s insurance […]

Profit statements

CHS sees big profit gains as global trade and energy demand skyrocket

A hiatus in the US-China trade war and surging demand for petroleum energy are fueling a strong financial rebound at CHS Inc., the country’s largest farmers’ cooperative. The Inver Grove Heights-based company released its fiscal 2022 first quarter results on Wednesday that reflect a reversal of some of the more troubling trends it faced at […]

Lending markets

Securities lending markets up 21% in 2021, generating $ 9.28 billion in revenue

NEW YORK, January 4, 2022 / PRNewswire / – The global securities lending industry has generated $ 9.28 billion revenue for lenders in 2021, according to DataLend, the fintech market data division EquiLend. This figure represents an increase of 21.2% over the $ 7.66 billion generated for lenders in 2020 and an increase of 7.2% […]

Lending markets

DataLend: Securities Lending Markets Up 21% in 2021, Generating $ 9.28 Billion in Revenue | State

NEW YORK, January 4, 2022 / PRNewswire / – The global securities lending industry has generated $ 9.28 billion revenue for lenders in 2021, according to DataLend, the fintech market data division EquiLend. This figure represents an increase of 21.2% over the $ 7.66 billion generated for lenders in 2020 and an increase of 7.2% […]

Profit statements

Nonprofit ‘People’s COVID Vaccine’ Begins to Target Global Inequalities

While vaccine inequality between high-income and low-income countries continues to persist, a team of scientists from Texas have developed what they hope will be “the global COVID vaccine,” a low-cost, non-profit vaccine designed to help levels medium to low. income countries are battling the COVID-19 pandemic. Known as Corbevax, this vaccine was developed by Texas […]

Profit statements

Vitafoam posts net profit of 4.4 billion naira as dividend increases 114%

Vitafoam Nigeria Plc posted net profit of 4.384 billion naira for the fiscal year ended September 30, 2021. In addition, the company declared a total dividend of 1.876 billion naira for the period under review, an increase of 114 percent from the 87.590 million naira paid in 2020. Shareholders will receive 1.50 naira per share. […]