Lending markets

Key Factors Behind Markets Selling Off

Pekic/E+ via Getty Images In the latest edition of Market Week in Review, North America Chief Investment Strategist Paul Eitelman and research analyst Emily Zhao explored the key drivers of the recent market volatility crisis. They also assessed the prospects for markets through the lens of cycle, valuation and sentiment, and discussed the current state […]

Profit statements

IndiGrid investment trust’s net profit in March jumped 45% to Rs 99.80 cr

Infrastructure investment trust IndiGrid posted an increase of more than 45% in its consolidated net profit to Rs 99.80 crore in the March quarter, mainly on the back of higher revenues. Consolidated net profit of India Grid Trust (IndiGrid) was Rs 68.69 crore in the quarter ended March 31, 2021, according to […]

Investment reports

Giuliani meets with US House panel on January 6, CNN reports By Reuters

© Reuters. FILE PHOTO: Former New York Mayor Rudy Giuliani speaks on the 20th anniversary of the September 11, 2001 attacks, during an appearance on the John Catsimatidis radio show in New York City, New York, U.S., September 10, 2021. REUTERS / Brendan McDer WASHINGTON (Reuters) – Rudy Giuliani, who served as former U.S. President […]

Lending reports

As expected, the conference took a great success

Former Pac-12 commissioner Larry Scott (Photo: USA Today/Lee) THE DISTRIBUTED PAC-12 $19.8 million to its member schools in fiscal year 21, the conference announced Friday, after distributing $33.6 million in the previous fiscal year. The global pandemic that resulted in the shortened 2020 football season severely impacted results, as seen in Power 5 conference […]

Lending markets

Copper edged higher on lower mortgage rates in China, easing of lockdown – Markets

LONDON: Copper extended its rally on Friday on optimism about a pick-up in demand in China, the metals’ main consumer, as lower mortgage rates and progress in easing COVID lockdowns boosted the feeling. Benchmark three-month copper on the London Metal Exchange (LME) gained 0.1% to $9,422 a tonne as of 1555 GMT after hitting $9,510, […]

Investment reports

Rajputana Investment & Finance announces standalone net loss of Rs 0.02 crore in March 2022 quarter

Sales declared void Rajputana Investment & Finance’s net loss was reported at Rs 0.02 crore in the quarter ended March 2022. No net profit/loss was recorded in the previous quarter ended March 2021. No sale was reported during the quarter ended March 2022 and during the previous quarter ended March 2021. For the […]

Profit statements

Godrej Consumer Q4 net profit declines slightly to Rs 363 crore

On Thursday, local FMCG giant Godrej Consumer Products Ltd (GCPL) reported a marginal decline in consolidated profit after tax to Rs 363.24 crore for the fourth quarter ended March. The company had posted a consolidated profit after tax of Rs 365.84 crore in the prior year period, GCPL said in a regulatory […]

Lending markets

Medallion Financial Corp. will participate in the Loop Capital Markets Investor Conference

NEW YORK, May 19, 2022 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a finance company that originates and manages loans in various consumer and commercial industries, while offering lending products and services to strategic fintech partners, announced today that she will participate in the 3rd Annual Loop Capital Markets Investor […]

Profit statements

St. Paul nonprofit agrees to remedy after Minnesota attorney general’s office files injunction

A Minnesota nonprofit group set up to help refugees is accused of deceptive fundraising, failing to keep proper financial records and letting a multi-million dollar property fall into disrepair. Court filings filed last week paint a troubling picture of the Minnesota Cameroon Community (MINCAM). The St. Paul-based nonprofit agreed to a long list of remedies […]

Lending markets

FX Daily: A welcome respite for the foreign exchange markets | Article

USD: April retail sales should keep the dollar supported After a strong month in financial markets which saw global equity markets fall 15% and USD/CNY climb 6%, it looks like we are entering a period of consolidation. At the epicenter of this malaise is China, where lockdowns have seen Chinese and global growth forecasts reduced. […]

Lending reports

Euro Manganese announces the delivery of the final demonstration

VANCOUVER, British Columbia, May 16, 2022 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company” or “REM“) is pleased to announce that the second and final shipment of the Company’s Demonstration Plant modules was shipped today via ocean freight from Shanghai, China to Hamburg, Germany. The first shipment […]

Investment reports

Kirti Investment reports standalone net profit of Rs 0.30 crore in March 2022 quarter

Sales increase by 133.33% to Rs 0.07 crore Net profit of Kirti Investment reported Rs 0.30 crore in the quarter ended March 2022 compared to a net loss of Rs 0.15 crore in the previous quarter ended March 2021. Sales increased by 133.33 % at Rs 0.07 crore in the quarter ended March […]

Profit statements

Agostini’s profit jumps 49.5% | Local company

AGOSTINI’s Ltd yesterday reported earnings attributable to its shareholders of $105.55 million for the six months ended March 31, 2022, up 49.5% from the comparable period in 2021. The company, which is listed on the Trinidad and Tobago Stock Exchange, posted revenue of $2.1 billion, up 19.73% from the six-month period ended March 31, 2021. […]

Lending markets

inflation | Stock markets: how to read macro data to decipher market movements

Nearly 100 macro data points are released each month. Their frequency of publication and the period of data entry vary. For example, inflation data released in March will show actual inflation for February, but Industrial Production Index (IPI) data released on the same date will show actual data for January. The data seems authoritative and […]

Lending reports

Campaign finance reports show candidate fundraising, spending ahead of primary – Reuters

By Elisabeth Strillacci & Ben [email protected] SALISBURY — Financial reports released last week show how candidates in competitive local races raised funds and spent money in the months leading up to Tuesday’s primary election. Reports for the first quarter of 2022 include all campaign finance activity among candidates from January 1 through April 30. The […]

Investment reports

Best Inventory Reports for Walmart, Chevron, and Mastercard

Friday, May 13, 2022 Zacks Research Daily features top research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Walmart Inc. (WMT), Chevron Corporation (CVX) and Mastercard Incorporated (MA). These research reports have been handpicked from the approximately 70 reports published today by our team of […]

Profit statements

How do grocery stores make money with low profit margins?

This is just one of the stories in our “I’ve Always Wondered” series, where we tackle all your business questions, big or small. Have you ever wondered if recycling is it’s worth it? Or how store brands pile up against brand names? Discover more of the series here. Auditor William from Buffalo, New York asks: […]

Lending markets

Turbulent Markets Emphasize Assessed Prices

Fixed income volatility is expected to persist for some time, due to the seesaw shifts in the global economy. Jayme Fagas, Global Head of Valuations and Transparency Services at Refinitiv, explains why in such an environment, companies need to have the right assessed pricing to ensure they are valuing their portfolios at fair value levels […]

Investment reports

Ameren adds environmental justice principles to reports outlining progress toward sustainability goals

Two updated reports provide insight into the company’s efforts in environmental stewardship, social impact, governance and sustainable growth ST. LOUIS, May 12, 2022 /PRNewswire/ — Today, Ameren Corporation (NYSE: AEE) released two updated, data-driven reports that provide stakeholders with deeper insight into the company’s operations, including its first Environmental Justice Principles . The reports also […]

Profit statements

SABIC profit up 33% on higher prices and volumes

A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh, Saudi Arabia October 27, 2013. REUTERS/Faisal Al Nasser Join now for FREE unlimited access to Reuters.com Register DUBAI, May 12 (Reuters) – Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemical companies, beat expectations on Thursday with a 33% […]

Lending markets

Markets live, Thursday, May 12, 2022

Cryptocurrency trading platform Coinbase lost half of its value over the past week, including its biggest one-day drop yet overnight as the crypto market, famous for its volatility, resists a new crisis. Coinbase posted a net loss of $430 million in the first quarter due to lower sales and active users. Revenue was down due […]

Lending reports

Amid rising rates, Rocket Cos. of Detroit reports first-quarter earnings

Rocket Cos., the Detroit-based platform company that includes Rocket Mortgage, Truebill, and more, reports Q1 2021 earnings amid rising interest rates. // Image bank RocketCos. Inc., a Detroit-based fintech platform company that includes Rocket Mortgage, Rocket Homes, Truebill and Rocket Auto, announced its first quarter (Q1) results, which showed net income of $2.7 billion. and […]

Profit statements

GlobalFoundries Generates Record Profits and Revenues

Contract chipmaker GlobalFoundries Inc. is up today as its stock rose more than 4% in extended trading after reporting first-quarter earnings and earnings that beat analysts’ forecasts as a he’s taking advantage of the ongoing shortages in the industry. The company reported earnings before certain costs such as stock-based compensation of 42 cents per share […]

Lending reports

United Wholesale Mortgage Reports First Quarter Earnings Amid Rising Interest Rates

United Wholesale Mortgage in the Pontiac experienced lower net income and loan volume in the first quarter of 2022 compared to the first quarter of 2021. // Courtesy of UWM UWM Holdings Corp., the publicly traded indirect parent of United Wholesale Mortgage of Pontiac, today announced its results for the first quarter (Q1) of 2022, […]

Lending markets

Real estate investor Abdul Siddiqi focuses on emerging markets like Malaysia

Seasoned investors with diversified portfolios create wealth through different investment vehicles – stock market, bonds and real estate. Of the three, real estate investments seem to offer better long-term returns without as much volatility. Historically, investors who hold their properties for longer periods can minimize the risk of loss. Moreover, the real estate market has […]

Investment reports

Wilshire Trust® Universe Comparison Service Reports Worst Quarter Since Covid-19 Recovery With -4.94%

SANTA MONICA, Calif.–(BUSINESS WIRE)–Institutional assets tracked by Wilshire Trust Universe Comparison Service® (Wilshire TUCS®) posted a median return across all plans of -4.94% for the first quarter and 3.47% for the year ending on March 31, 2022. Wilshire TUCS, a cooperative effort between Wilshire and custodial organizations, is widely regarded as the definitive benchmark for […]

Profit statements

China Airlines extends momentum, reports first quarter profit

Taipei, May 10 (CNA) China Airlines (CAL), one of Taiwan’s major international airlines, reported net profit for the first quarter of 2022, continuing the momentum it built in 2021 by taking advantage of the high demand for air cargo services. In a statement on Monday, CAL reported net profit of NT$3.072 billion (US$103 million), or […]

Lending markets

Here’s what you need to know

article New homes line a street in Phoenix, Arizona. (Photo by Justin Sullivan/Getty Images) PHOENIX – It’s no secret that the housing market is hot in many parts of the country, including Arizona. Now there are numbers that show just how hot Arizona’s housing market has gotten, with new data showing that 97% of metropolitan […]

Profit statements

Net profit jumps 29.72% to 12.22 cr, revenue up

Shanthi Gears Ltd reported a 29.72% increase in profit for the quarter ending March 31, 2022 to Rs 12.22 crore, the company announced on Sunday. The Tamil Nadu-based company and a group company of the diversified conglomerate Murugappa Group had recorded net profits of Rs 9.42 crore in the corresponding period last year. For the […]

Lending markets

US mortgage rates climb again as markets react to Fed

In the week ending May 5, mortgage rates rose for the eighth time in nine weeks. 30-year fixed rates jumped 17 basis points to 5.27%. 30-year fixed rates slipped one basis point the previous week. Over one year, 30-year fixed rates are up 231 basis points. 30-year fixed rates have risen 33 basis points since […]

Lending reports

‘Factually incorrect’: India rejects reports that water cannon vehicle was supplied to Sri Lanka under $1 billion line of credit: The Tribune India

PTI Colombo, May 7 India on Saturday dismissed media reports as “factually incorrect” claiming that New Delhi had provided a water cannon vehicle to Sri Lanka under its billion dollar line of credit, and reiterated that such campaigns made no “constructive contribution” to cooperation and efforts to address the continuing challenges facing Sri […]

Profit statements

Unity Bank’s annual profit stands at N3.33 billion

Unity Bank Plc reported a pre-tax profit of N3.33 billion in the financial year ending December 2021. The figure indicates a 49.9% increase from the 2.22 billion naira recorded in 2020. In its 2021 annual result filed with the Nigeria Exchange Group (NGX), the bank also posted an 8.1% growth in gross revenue to N50.28 […]

Investment reports

Transocean Announces First Quarter Results (NYSE:RIG)

Imaginima/E+ via Getty Images Much has been said about Transocean Ltd. (NYSE: R.I.G.) indebtedness and the fact that the backlog of the company does not increase. However, this is already more than factored into the stock price, especially given the considerable short interest in stock. The offshore drilling sector is gradually recovering. The process might […]

Investment reports

Cholamandalam Investment and Finance Company Reports 183.9% Rise in Q4 PAT

Cholamandalam Investment and Finance Company Ltd has announced a 183.9% increase in its after-tax profit for the quarter ending March 31, 2022 to Rs 690 crore, the company announced on Friday. The city-based Murugappa Group company recorded an after-tax profit of Rs 243 crore in the corresponding period of the previous financial […]

Profit statements

Airline group AIG expects to return to profit this year as passenger numbers rise

Airline group AIG reported an increase in passenger numbers in the first three months of the year as pandemic-related restrictions eased and business travel rebounded. Chief executive Luis Gallego said the group expects to return to profit in the second quarter and for the full year. In its consolidated results for the year to March […]

Investment reports

American Equity Investment Reports Online Q1 EPS By Investing.com

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Lending markets

Popeyes looks to international markets to regain momentum

Popeyes’ flagship location in New York’s Times Square is set to open in June. Popeyes In the quick service restaurant sector, sales of 34% year over year are incredibly abnormal, but that is exactly what Popeyes generated in the quarter following the launch of its thin chicken sandwich. 2019. This kind of momentum had to […]

Lending reports

ANZ reports half-year profit of $968 million

ANZ says the housing market helped propel it to a cash profit of $968 million in the six months to March 31, an increase of 1% from the same period last year. Its statutory profit, which includes gains and losses from economic hedges, rose 18% to $1.06 billion. Chief executive Antonia Watson said it was […]

Profit statements

Britannia Industries’ fourth quarter net profit increases 5%

Bengaluru: FMCG Britannia Industries said on Monday that its consolidated net profit for the quarter ended March 31, 2022 rose 5% year-on-year to Rs 377.95 crore from Rs 360.07 crore recorded in the period. corresponding to the previous year. The company’s revenue jumped 15.5% to Rs 3,508 crore in the January to March quarter of […]

Lending markets

JLL Capital Markets Arranges $52 Million Loan for Longpoint Realty Partners to Acquire Van Nuys Industrial Park : NEREJ

Newport Beach, California JLL Capital Markets has arranged $52 million in acquisition financing for Van Nuys Industrial Park, a fully leased value-added business park comprising four buildings totaling 84,346 square feet and two land parcels. JLL worked on behalf of the borrower, Boston-based Longpoint Realty Partners, to place the three-year floating rate non-recourse acquisition loan […]

Profit statements

IDFC First Bank’s fourth quarter profit increases 168% year-on-year

Mumbai: IDFC First Bank said on Saturday that its net profit for the quarter ended March 2022 jumped 168 percent year-on-year to Rs 343 crore from Rs 128 crore in the corresponding period last year. The bank’s profit in the quarter was driven by strong growth in core operating income and lower provisions. For the […]