Lending markets

Credit markets eye decision with $25 billion in sales up for grabs

(Bloomberg) – Investors will be eagerly awaiting the Federal Reserve’s interest rate decision next week. Bloomberg’s Most Read Markets have already priced in a 50 basis point hike on Wednesday, expecting the Fed to take a quicker approach to crush stubborn inflation. Accelerating U.S. labor costs and resilient consumers effectively give the central bank the […]

Lending reports

United Bankshares Announces Higher First Quarter Earnings | News, Sports, Jobs

CHARLESTON — United Bankshares reported earnings for the first quarter of 2022 of $81.7 million, or 60 cents per diluted share, compared to earnings of $73.9 million, or 56 cents per diluted share, for the fourth quarter of 2021. The quarter was marked by strong annualized loan growth of 11% (excluding Paycheck Protection […]

Profit statements

Six of seven new defense companies created from OFB report interim profit

The ministry said that soon after their establishment, these companies were able to secure domestic contracts and export orders. The ministry said that soon after their establishment, these companies were able to secure domestic contracts and export orders. Six of the seven new defense companies created by the corporatization of the Ordnance Factory Board (OFB) […]

Investment reports

Bajaj Holdings & Investment reports Rs. 1105.39 crore PAT consolidated in the fourth quarter of the financial year 2021-22

Bajaj Holdings & Investment Limited has released its consolidated financial results for the period ended March 31, 2022. Financial Results (Q4 FY2022) – QoQ Comparison The company reported total revenue of Rs. 105.35 crores during the period ended March 31, 2022 compared to Rs. 110.13 crores during the period ended December 31, 2021. The company […]

Profit statements

GGRAsia – Negative LVS Macau EBITDA 1Q, group profit on sale in Nevada

LVS negative Macau EBITDA 1Q, group profit on sale in Nevada April 28, 2022 news desk Breaking News, Macau, Singapore, Top of the Bridge   Macau casino operator Sands China Ltd returned to negative adjusted earnings before interest, tax, depreciation and amortization (EBITDA) in the first quarter and generated a net loss of $336 […]

Lending markets

Greece taps bond markets after sovereign upgrade

ATHENS, Greece (AP) — Greece raised 1.5 billion euros in a 7-year bond reissue on Wednesday, tapping markets days after a sovereign credit rating upgrade. Finance Minister Christos Staikouras said the money was raised with a yield of 2.4%, up from the 2% yield in 2020 when the bond was first issued. The latest auction […]

Lending reports

Redfin Reports Homebu Solar Belt

(NASDAQ: RDFN) – Homebuyers in Tampa, Florida need to make $67,353 a year to pay the metro area’s typical monthly mortgage payment of $1,684, up a staggering 47.8% (21,791 $) over the previous year, according to a new report by Redfin (www.redfin.com), technology-powered real estate brokerage. That’s the largest percentage increase of any major US […]

Profit statements

Chipotle Revenue: Sales and Profits Rise Despite Inflation as It Adds Locations

Chipotle Mexican Grill said Tuesday that its profits and revenue increased as it opened new locations and increased sales in the first quarter. The fast-food chain said its same-store sales were up 9% year-over-year and it opened 51 new restaurants. Chief Executive Brian Niccol said in a statement that “the company’s first quarter performance was […]

Lending markets

Ogden and SLC rank in top 10 overvalued real estate markets

SALT LAKE CITY – Ogden and Salt Lake City rank in the top 10 overvalued markets, which means buyers are paying high premiums to buy homes there. Rising mortgage rates – which are now at their highest level in 12 years – have yet to depress home prices, with buyers paying premiums in 99 of […]

Profit statements

GGRAsia – Casino cash payment technology provider Crane posts $105 million in Q1 profit

Casino cash payment technology provider Crane posts $105 million in first-quarter profit April 26, 2022 news desk Industry Discussions, Latest News, World   Crane Co, a provider of products and services to industries such as cash handling in the casino industry, posted a net profit of $105.0 million in the first quarter. That profit […]

Investment reports

Australian ABC refutes reports of partnership with crypto platform: report

Australian ABC rejects reports of partnership with crypto trading platform. The Commonwealth Bank of Australia has warned of a fake article making the rounds on social media platforms alleging the country’s No.1 lender is partnering with a cryptocurrency trading platform to encourage people to invest in crypto assets. The ABC called the article (https://www.commbank.com.au/articles/newsroom/2022/04/cryptocurrency-scam-warning.html) “totally […]

Profit statements

Sundram Fasteners reports fourth quarter standalone net profit at Rs 71.41 cr

: Sundram Fasteners Ltd., engaged in the manufacture of automotive components, said on Saturday that standalone net profit was Rs 71.41 crore for the fourth quarter ending March 31, 2021. The city-based TVS Group company had recorded a standalone net profit of Rs 130.02 crore in the corresponding quarter of the previous […]

Investment reports

Apple’s Transparency Reports Don’t Disclose Information Regarding Company’s Removal of Apps at China’s Request / Digital Newsworld

Campaign group Great Fire recently leveled charges against Apple, saying their biannual transparency reports are far from transparent and that the company conceals information about the apps it removes. Apple prides itself on its transparency reporting, a sentiment I suspect stems from the company’s tendency to get into hot water unknowingly. The tech giant has […]

Lending reports

Volvo Group reports higher sales and record deliveries in the first quarter

[Stay on top of transportation news: Get TTNews in your inbox.] The Volvo Group reported lower first-quarter net profit and higher revenue amid what the company said was good economic activity, high transport volumes and solid construction activity, while order books are long and delivery times long. Truck deliveries set a record for a first […]

Investment reports

Plastec Technologies announces its financial results for fiscal year 2021

HONG-KONG, April 22, 2022–(BUSINESS WIRE)–Plastec Technologies, Ltd. (OTCBB: PLTYF) (the “Company”) today announced audited financial results for the 2021 fiscal year ended December 31, 2021. See the financial tables at the end of this release in Hong Kong dollars (HKD). All other amounts in this press release are presented in United States dollars (USD) using […]

Profit statements

Pakistan Refinery Profits Surge More Than 9x in Q3FY22

KARACHI: Pakistan Refinery Limited (PRL) on Thursday announced a record 931% increase in net profit for the third quarter of this fiscal year on the back of increased sales. In a statement to the Pakistan Stock Exchange (PSX), the company announced a net profit of 5.529 billion rupees for the quarter ended March 31, compared […]

Lending markets

Aunt Flow Completes Funding Round – Nonwovens Industry Magazine

aunt flow, a company whose mission is to change the world one cycle at a time, has announced that JLL Spark has joined the Period Party. The company raised an $8.5 million Series A funding round to support its plans to make 100% organic cotton menstrual products available free of charge in all public restrooms. […]

Profit statements

Tanzania: NIC profits double as general coverage soars

NATIONAL Insurance Corporation’s (NIC) pre-tax profit more than doubled, largely due to general insurance portfolio proceedings. NIC, the public insurance company, said in its financial statements that pre-tax profit fell from 33.65 billion/- earned for a year ending June 2020 to 73.1 billion/- last June. General insurance earned a pre-tax profit of 64.97 billion/- compared […]

Investment reports

Companies face tough earnings season as bearish sentiment rises, survey finds

Companies will struggle to impress investors this earnings season as investors become increasingly negative about the macro outlook, according to new research from Corbin Advisors. The survey finds investors have been the most pessimistic for almost two years, with 43% describing their view as neutral to bearish or bearish. Only 26% are neutral to bullish […]

Profit statements

Saudi lender Bank Albilad posts 25% growth in first-quarter profit

Focus on Egypt—Suez Signs $3 Billion Green Power Deal; IMF revises growth outlook upwards CAIRO: Egypt is making efforts towards a green economy, working with media company CNN to highlight its sustainable development and signs a $3 billion deal to produce green energy. On another note, the International Monetary Fund has revised the North African […]

Lending markets

GLOBAL MARKETS-Equity gains capped by rising real yields, Netflix disappoints

* Actual yields are flirting with positive territory * Oil is trading above $100 a barrel * The dollar hits a new two-decade high against the yen * US stock futures fall after Netflix By Huw Jones LONDON, April 20 (Reuters) – Shares edged higher on Wednesday but gains were capped by questions about the […]

Lending markets

Daily Markets: Treasury Yields Rise on Recent St. Louis Fed Bullard Comments on Interest Rates and Recession

The big picture today Asia-Pacific stock indices ended today’s session mixed on various reactions to China’s pledge to support sectors of the economy affected by Covid, a still-strong dollar and anticipation of a an increasingly aggressive US Federal Reserve. China’s Shanghai Composite ended the day nearly flat, down 0.05%, while India’s Sensex and Hong Kong’s […]

Investment reports

Australian ABC rejects reports of partnership with Crypto trading platform | Investment News

(Reuters) – The Commonwealth Bank of Australia has warned of a fake article making the rounds on social media platforms alleging the country’s No.1 lender has partnered with a cryptocurrency trading platform to encourage people to invest in crypto assets. The ABC called https://www.commbank.com.au/articles/newsroom/2022/04/cryptocurrency-scam-warning.html the article “totally untrue and untrue” on Tuesday, adding that it […]

Profit statements

Woodbois Ltd further increases profit margins and container shipments in Q1

Woodbois Ltd (AIM:WBI), which turned profitable last year, said it continued to increase profit margins this year and expects to generate more and more cash. In a first quarter business statement, the Africa-focused sustainable forestry company also announced a management reorganization. Executive Chairman Paul Dolan will return to his role as Chief Executive Officer, Federico […]

Lending reports

E-mini Dow Flatlining on 50% level ahead of earnings reports

E-mini Dow Jones Industrial Average June futures are up early Tuesday after posting a mixed trade, lower at the close of the previous session. Blue chip stocks were choppy on Monday as investors pitted positive Bank of America earnings against soaring bond yields ahead of new earnings hints this week. As of 0500 GMT, June […]

Lending markets

Bank of America beats earnings estimates on strong consumer lending – Markets

Bank of America Corp reported a weaker-than-expected first-quarter profit decline of 13% on Monday as strong growth in its consumer finance business helped cushion the blow from a slowdown in global transactions. The bank reported a 9% increase in retail banking revenue to $8.8 billion in the quarter ended March. “First quarter results were strong […]

Profit statements

Saudi telecommunications firm Zain’s net profit jumps 98% to $22 million in the first quarter on higher revenue

RIYADH/LONDON: A Riyadh-based technology company is bolstering the Kingdom’s armed forces and is placing increasing emphasis on military localization and intellectual property development. In just over a year, Interstellar Solutions, an ambitious technology company under the umbrella of venture capital firm RAZ Holding Group, has acquired several contracts for an integrated defense management system that […]

Investment reports

Top 5 TSX Weekly Artists: Endeavor Reports High-Quality Guanacevi Results

The S&P/TSX Composite Index (INDEXTSI:OSPTX) was trading at 21,838.02 early last Thursday (April 14), but eventually closed the four-day shorter week higher at 21,851.89. Ahead of the long weekend, the index opened lower, under pressure from falling gold and oil prices. Investors were also awaiting economic data expected later in the day. Despite a pullback […]

Lending markets

MFS Government Markets Income Trust (MGF) will issue a monthly dividend of $0.02 on April 29

MFS Government Markets Income Trust (NYSE: MGF – Get a rating) declared a monthly dividend on Tuesday, April 5, the wall street journal reports. Shareholders of record on Wednesday April 20 will receive a dividend of 0.0245 per share on Friday April 29. This represents a dividend of $0.29 on an annualized basis and a […]

Lending reports

Barcelona plot transfer talks with Coutinho after Aston Villa performances: Reports

Barcelona are reportedly interested in selling Brazilian midfielder Philippe Coutinho this summer. The 29-year-old is currently on loan at Aston Villa until the end of the season. Steven Gerrard’s side have an option to buy him after his loan spell ends. According to The mirror, Barcelona don’t believe Aston Villa will exercise their option to […]

Investment reports

Trevali reports flooding at its Perkoa mine

CPS Capital Group Pty Ltd is acting as finder in the placement. Funds from the financing are intended to be used for general working capital and to accelerate the development of the company’s Lake Superior zinc and copper project, the highest-grade zinc project in North America (see the press release of October 14, 2021 ). […]

Profit statements

Government urged to involve businessmen in policy-making

The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to involve the private sector in the consultation process and develop policies after getting their input to pull the economy out of the current challenges. In a statement, ICCI Chairman Muhammad Shakeel Munir also assured the Prime Minister that the business community would […]

Lending markets

Kenya Airways secures another 36.6 billion shillings government bailout

The Treasury will offer Kenya Airways (ENS: KQ) another bailout of 36.6 billion shillings during the year beginning in July as part of efforts to support the national carrier as it recovers from the Covid-19 travel crisis. The allocation, contained in budget documents tabled in parliament, comes weeks after MPs approved a 20 billion shilling […]

Lending reports

Tank production stops in Russia – Intel reports

The production of new tanks in the Russian Federation is discontinued due to financial problems and the lack of imported components. “Russia’s Uralvagonzavod is trying to overcome the crisis caused by the imposed sanctions. Uralvogonzavod (Nizhniy Tagil) is a Russian manufacturer of armored vehicles, primarily the main Russian T-72 tank. Since the start of the […]

Profit statements

Goldman Sachs wealth management drives earnings down as M&A wave wanes

Goldman Sachs Group Inc reported a 43% drop in earnings, but beat Wall Street expectations as strong performance in wealth management and lower costs cushioned the blow from weak activity on capital markets. The bank has taken steps under Chief Executive David Solomon to diversify its revenue streams and earn more from predictable sources such […]

Lending markets

A look at Hammerstone Markets – Hammerstone Markets

By admin | 04/14/2022 Early preview Thursday, April 14, 2022 Futures contracts Up down % Last Dow 54.00 0.16% 34,536 S&P500 -1.25 0.04% 4,440 Nasdaq -1.50 0.01% 14,219 US futures look mixed with little change ahead of a slew of banking sector results (C, WFC, MS, GS, USB), the European Central Bank (ECB) policy meeting […]

Lending reports

BoQ announces higher earnings and increases dividend under uncertain conditions

Bank of Queensland announced a $268 million increase in half-year revenue and will pay shareholders a 22¢ interim dividend as the lender continues its integration of superfund-owned ME Bank amid uncertain economic conditions . The BoQ reported on Thursday that growth in personal loans, businesses and customer deposits contributed to a 14% increase in cash […]

Investment reports

XP Inc. publishes 1Q22 KPIs

XP inc. XP, a leading technology platform and trusted provider of low-cost financial products and services in Brazil, today announced its KPIs for 1Q22. The Portuguese version of this press release is available in the Press Releases section of the IR website. 1. Investments Assets in custody (in billions of R$) *Concentrated deposits are deposits […]

Lending reports

Acute IRS Challenges Had Chronic Origins, GAO Reports

The 2021 tax filing season presented IRS administrative challenges of unprecedented magnitude but long standing in their causes, the U.S. Government Accountability Office (GAO) said in a report released on Monday. And while the issues uncovered in the GAO study stem primarily from the ongoing effects of the COVID-19 pandemic, they likely will persist unless […]

Lending markets

How Neuberger Berman is Positioned as Volatility Shakes Global Debt Markets – Glenn Freeman

Staying nimble and staying responsive to opportunities as they arise is a key aspect of Neuberger Berman’s Adam Grotzinger’s current positioning within global credit. In his recent meeting with Livewire Markets during a visit to Sydney, the lead portfolio manager detailed the current positioning of his multi-asset portfolios. Comparing and contrasting his exposures now versus […]

Profit statements

Vancouver-based nonprofit to host gala in support of women’s education

A Vancouver-based nonprofit is hosting its annual fundraising gala for women’s education next week, and guests can expect an exciting and uplifting evening. One Girl Can, an organization that provides girls in Africa with the opportunity to realize their dreams through education, is hosting the eighth annual IWANTtoBE on Tuesday, April 19 at the Commodore […]

Profit statements

OmniBSIC Bank records its first profit

OmniBSIC Bank has turned losses into profitability for the first time since its merger in 2019. The bank recorded a gross profit of GH¢8.69 million in the first quarter of this year, compared to a loss of GH¢9.27 million in the same period of 2021. The bank’s unaudited financial statements for the first quarter of […]

Lending markets

Markets live, Tuesday, April 12, 2022

Tech companies led a wide stock plunge on Wall Street and bond yields rose again on Monday as investors anticipate the next corporate earnings season and what it will reveal about the impact of inflation on business profits. The S&P 500 fell 1.7%, adding to its recent losses. The Dow Jones Industrial Average fell 1.2% […]

Lending reports

Redfin signals that pandemic-driven second home boom is coming to an end | 2022-04-11 | Press Releases

After last year’s frenzy for vacation homes, buyers are now recoiling as mortgage rates rise and second home loan fees rise (NASDAQ: RDFN) – Demand for vacation homes fell sharply for the second consecutive month in March, with mortgage rate freezes for second homes at their lowest level since May 2020, according to a new […]

Investment reports

Northumberland soft drink company Fentimans reports increased revenue and profit

North East soft drink company Fentimans has seen profits and revenue rise despite a catalog of challenges. The Hexham business was revived over 20 years ago by founder Eldon Robson with a traditional ginger beer recipe owned by his family. Today, it manufactures and sells over 40 soft drinks, mixers, syrups, craft beers and premixed […]

Profit statements

Cathy O’Neil: “Big Tech Uses Shame to Profit from Our Interactions” | Psychology

VSathy O’Neil is a writer, mathematician and best-selling author Weapons of mathematical destruction, which won the Euler Book Prize. His latest book is The Shame Machine: Who Benefits from the New Age of Humiliation?, which examines the ways in which shame is manufactured and exploited in a range of industries, including prisons, welfare systems and […]

Lending reports

Cytovia Therapeutics Announces Preclinical Activity of Its iPSC-Derived Natural Killer Cells (iNK) and Flex-NK™ Cell Engages at the 2022 AACR Annual Meeting | DNA RNA and Cells

Cytovia Therapeutics Announces Preclinical Activity of Its iPSC-Derived NK Cells (iNK) and Flex-NK™ Cell Engages at the 2022 AACR Annual Meeting Details Category: DNA RNA and Cells Posted on Saturday, April 09, 2022 6:48 PM Hits: 142 First in vivo data demonstrate anti-tumor activity of Glypican-3 (GPC3) Flex-NK™ cell Engager (CYT-303) in combination with […]

Lending markets

Asian markets follow US gains after tough week

Asian markets mostly rose on Friday after a tough week dominated by hawkish tone from the US Federal Reserve, which put it on an aggressive tightening path. After a slow start, the region managed to take the lead on Wall Street, which recovered from steep intraday losses on Thursday to end on a positive note, […]

Investment reports

Cautious optimism awaiting earnings reports

This week looks more like the same expectation pattern as we wait for many public companies to release earnings reports, which could help consumer spending trends emerge. In the meantime, we look at consumer discretionary stocks, some of which have already reported earnings, and technology stocks. For now, we recommend remaining cautiously optimistic about the […]

Profit statements

Unacademy set to lay off 600 employees to focus on profit

Education technology platform Unacademy will terminate the employment of nearly 600 employees, contractors and educators — about 10% of its 6,000 employees — to focus on generating profits by the end of the fourth quarter ( T4) of this year in its core business. The online education platform said it discussed and parted ways with […]

Lending markets

Start of cheap meat sales in Farm Credit Union markets

Start of cheap meat sales in Farm Credit Union markets Minister Kirişci said: “The sale of cheap meat has started from today in 15 sales outlets of the Meat and Milk Institution (ESK) and 20 of the Agricultural Credit Cooperative Markets, 18 at 150% below current market averages, so our citizens can eat cheap meat […]

Investment reports

Insmed Reports Incentive Grants Under NASDAQ Listing Rule 5635(c)(4)

BRIDGEWATER, NJ, April 7, 2022 /PRNewswire/ — Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company whose mission is to transform the lives of patients with serious and rare diseases, today announced the awarding of incentive awards to 20 new employees. In accordance with NASDAQ listing rule 5635(c)(4), the awards were approved by Insmed’s Compensation Committee […]

Profit statements

Local non-profit group tries to stop construction of new hog plant in Sioux Falls

SIOUX FALLS, SD (Dakota News Now) – Is it coming? It’s the phrase a new nonprofit group is using to express its efforts to stop construction of a new $600 million pork processing plant in northeast Sioux Falls. Locally owned Wholestone Farms – whose chairman of the board insists the facility will not look and […]

Lending markets

Webcast: Inflation, Supply Chains, War: What Moves Commodity Markets?

Commodity prices surged due to a confluence of factors: rising inflation, post-pandemic politics and Russia’s invasion of Ukraine. For many advisors, this has highlighted the often overlooked asset class of commodities. On the next webcast, join Invesco and ETF Trends for a discussion that will unravel the complex commodity markets and explore the benefits of […]

Lending markets

U.S. Purchasing Managers Indices Point to Economic Slowdown, Credit Markets Oppose It

Manufacturing PMI falls to 18-month low, new orders to 22-month low. Manufacturing orders fall the most in a single month since April 2020. Prices paid in manufacturing are the highest since June 2021, in services the price index is the second highest on record. US Treasury yields soar on Fed comments suggesting rapid rate acceleration. […]

Profit statements

Drug manufacturing and consumer segment pushes GSK profit to N658m

Fast-moving Nigerian consumer goods company, GlaxoSmithKline (GSK) recorded increased profits in its consumer healthcare and pharmaceutical businesses in 2021, bringing its profits to N658 million. According to BusinessDay findings, the pharmaceutical company saw its profits jump to 658.8 million naira in December 2021, a slight increase of 6% from 622 million naira in December 2020. […]

Profit statements

Jibe of Akhilesh Yadav in BJP

New Delhi: In an attack on the Center, Samajwadi party leader Akhilesh Yadav on Tuesday said he hit the BJP and said the BJP was no longer a party, it had become a business now. A company that recovers “increasing costs” from people without reducing its own profits. Taking to Twitter on India’s rising prices, […]

Lending reports

Targeted Lending Co., LLC Announces Record First Quarter Origins

BUFFALO, NEW YORK, USA, April 4, 2022 /EINPresswire.com/ — Targeted Lending Co., LLC, an independent equipment finance company, today announced that its first quarter loan originations increased 60% over the same period last year and 125 % compared to the first quarter of 2020. “Targeted Lending Co. continues to invest in its original platform providing […]

Investment reports

Notice Regarding Media Reports on INPEX[PDF:484.8 KB]

Public Relations Group, Corporate Communications Unit Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN April 4, 2022 Notice Regarding Media Reports on INPEX An article titled “Japan‘s INPEX joins the nuclear fusion race with investments in start-ups“ was published on the Nihon Keizai Shimbun website on April 1, 2022, and later published in the […]

Profit statements

Vietjet says it posted a profit in the fourth quarter

(PHOTO: Vietjet) Vietjet Aviation released its financial statements for the fourth quarter of 2021, reporting a consolidated after-tax profit of VND100 billion (approximately US$4.4 million), which saw an increase from the 2020s. Although the aviation industry continued to suffer setbacks due to the COVID-19 pandemic in 2021, it has shown signs of recovery since late […]

Lending reports

Police reports | Mount Airy News

March 26, 2022 Television images of the devastation in Ukraine are particularly painful for a Mount Airy resident who is originally from that country and still has relatives there who are struggling to survive the Russian invasion. “I have a heavy heart of mourning for all the Ukrainian people who are suffering,” said Irina Ilyasova […]

Investment reports

Cryptocurrency Website April 2022 Blockchain/Bitcoin Investment Reports Launch

San Jose, USA – April 1, 2022 /MarketersMEDIA/ — Crypto Tripwire recently launched a website that provides information on all aspects of crypto, including NFTs and crypto mining. It also contains news and details regarding popular coins like Bitcoin and Ethereum. More information is available at https://www.cryptotripwire.com The website offers articles and reports as well […]

Lending markets

A Russian default would increase financial risks for developing and emerging markets

Text size Artwork by Rob Dobi About the Author: Carmen M. Reinhart is Senior Vice President and Chief Economist of the World Bank Group. The global economy faces a combination of challenges rarely seen before, and Russia’s war on Ukraine adds a host of new risks to pre-existing ones created or exacerbated by a once-a-century […]