Lending markets

Compound reports a bug that froze the cETH borrowing and lending markets for 7 days

Neither the author, Tim Fries, nor this website, The Tokenist, provides financial advice. Please review our website policy before making any financial decisions. Compound financing executed a proposal to update its price feed, but the move resulted in a code error “which causes trades to rollback for cETH providers and borrowers.” The protocol has submitted […]

Lending reports

Bus driver reports threats | New

JONESBORO — Jonesboro police were notified Monday afternoon that a student made comments over the weekend about shooting other students at school. According to a Jonesboro police report, the driver of a Nettleton Baptist Church bus said he took a bus full of students over the weekend to a Memphis Red Birds baseball game. During […]

Profit statements

$100 dollar loans| Fast & Easy Approval

How do payday loans for $100 work? A loan of one hundred dollars is a small financial advance with a short repayment term that may be obtained very quickly and repaid within one calendar month. The vast majority of people will obtain a cash advance in the amount of one hundred dollars to pay an […]

Lending reports

IIHS finds most vehicles need better AEB at night

The IIHS has a three-tier grading system for AEB systems, Superior at the top, Advanced in the middle, and Basic at the bottom. The only models to receive top marks for AEB nighttime pedestrian detection were the 2022 versions of the Ford Mustang Mach-E, Nissan Pathfinder, Toyota Camry and Toyota Highlander. Only the Pathfinder avoided […]

Lending markets

Chinese Stocks Fall Ahead of Bank Earnings, Asian Markets Mixed By Investing.com

© Reuters By Ambar Warrick Investing.com — Chinese stocks fell on Tuesday ahead of earnings reports from some of the country’s biggest banks, while most other Asian markets were mixed as concerns about a hawkish U.S. Federal Reserve persisted. China’s top-tier index fell 0.6%, while the index lost a similar amount. Investors were awaiting earnings […]

Profit statements

Industrialists urged to donate one day’s profit to flood victims

LAHORE: The Pakistan Federation of Trade Unions (APFTU) has called on industrialists to donate one day of their profits to flood victims. In a press statement issued on Monday, Khurshid Ahmad, the APFTU General Secretary also called on employees of governmental and semi-governmental organizations to donate one day’s wages to flood victims to alleviate their […]

Profit statements

IMF approves disbursement of $1.17 billion for seventh and eighth tranches

ISLAMABAD: The International Monetary Fund (IMF) has approved the relaunch of the Extended Financing Facility (EFF) program for the disbursement of $1.17 billion for the seventh and eighth tranches. Finance Minister Miftah Ismail tweeted that “Alhamdolillah, the IMF Board has approved the relaunch of our EFF program. We should now receive the 7th and 8th […]

Lending reports

Corruption Reports Reveal Vast Disorder and Waste in Haiti

Fake government jobs and contracts, political patronage, embezzlement, and university employees and civil servants who use government bank accounts as personal checkbooks. These are just some of the outrageous findings released this weekend by Haiti’s Anti-Corruption Unit following investigations of 10 various institutions and public agencies which include the municipalities of Petit Goâve, Fort-Liberté, Saint-Raphaël […]

Lending markets

Chinese Knife Money: Making Markets Murderous?

The era of “cash as king” is fading. Today, credit, debit, and digital currency have begun to slowly replace cash as the primary means of payment, but it wasn’t always that way. For centuries, paper money and metal coins have been traded around the world. But did you know that there are forms of money […]

Profit statements

Chennai Super Kings closes financial year 2022 with profit of INR 32.12 crore

In the financial year 2021, CSK made a net profit of INR 40.26 crore. Chennai Super Kings. (Photo credit: IPL/BCCI) Chennai Super Kings Cricket Limited, the owner company of the Indian Premier League (IPL) franchise, Chennai Super Kings (CSK), ended the last financial year 2022 with a profit of INR 32.12 crore on total revenue […]

Lending reports

Bayern and Gladbach are close to finalizing Vidovic’s loan

By Peter Vice @ViceytheSS Germany’s leading sports tabloid and Germany’s leading football publication report that Borussia Mönchengladbach are furthest along in negotiations to secure young Bayern striker phenom Gabriel Vidovic on loan. Photo: FC Bayern Munich German football magazine Kicker reports that when Borussia Mönchengladbach and FC Bayern München face off in tonight’s ‘Top-Spiel’, 18-year-old […]

Profit statements

The Fiji Times » Profit of $10.9 million

The RB Patel Group reported after-tax profit of $10.9 million for the year ended June 20, 2022, compared with profit of $8.5 million last year. The company said in its financial statements published by the South Pacific Stock Exchange that the recovery from COVID-19 and improving levels of economic activity had given a boost to […]

Investment reports

Jade Power publishes its results for the second quarter of 2022

Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. TORONTO, Aug. 26, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to report its financial results for the second quarter of 2022. All amounts are expressed in Canadian […]

Lending reports

CLIFFSIDE CAPITAL LTD. REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR BROADCASTING IN THE UNITED STATES/ TORONTO, August 26, 2022 /CNW/ – Cliffside Capital Ltd. (“Cliff” or the “Company“) (TSXV: CEP) is pleased to announce its financial results for the second quarter ended June 30, 2022. The Company recorded an increase of $90.2 million i.e. 98.2% in […]

Investment reports

Nordic Investment Bank Reports “Significant Increase” in Funding Demand / Article

The NIB granted a total of EUR 2,203 million in new loans and disbursed EUR 2,142 million, compared to EUR 664 million and EUR 1,266 million respectively during the same period in 2021. The new loans were spread across different sectors and countries and included sustainability-related loans and NIB’s first purchase of a minimum requirement […]

Lending markets

BrightBridge Capital Appoints Avery Boggess as Head of New Markets Tax Credit Program

BrightBridge Capital, a CDFI (Community Development Finance Institution), has announced the addition of Avery Boggess to its team of finance professionals. Mr. Boggess is the new director of the Markets Tax Credit (NMTC) program. In his role, Mr. Boggess works across all aspects of BrightBridge’s NMTC program. The NMTC program provides funding for projects sponsored […]

Lending markets

OVERVIEW Canadian banks face lower third-quarter earnings on provisions and market woes

A Royal Bank of Canada (RBC) logo is seen on Bay Street in the heart of Toronto’s financial district January 22, 2015. REUTERS/Mark Blinch (CANADA – Tags: BUSINESS)/File Photo Join now for FREE unlimited access to Reuters.com Register TORONTO, Aug 18 (Reuters) – (This Aug 18 story corrects to say banks start reporting earnings on […]

Investment reports

North American Venture Capital Vulnerable in Market Turmoil in 2022 – Preqin Reports

US private capital has grown nearly 300% since 2008, but rising interest rates and falling risk appetite have hit valuations hard LONDON, August 22, 2022 /PRNewswire/ — Today, Preqin, the global leader in alternative asset data, tools and insights, released Alternatives in North America report 2022. The report examines the private equity industry in North […]

Profit statements

Q2 Malaysia PCG Net Profit Increases 0.5%; warns of falling demand

SINGAPORE (ICIS) – PETRONAS Chemicals Group (PCG) on Monday reported a marginal year-on-year increase in its second-quarter net profit on the back of higher product prices, but the Malaysian producer warned of weaker demand in the second half of 2022. Malaysian Ringgit ($M) m Q2 2022 Q2 2021 % change H1 2022 H1 2021 % […]

Lending markets

Legendary investor George Soros holds two dividend-paying stocks in rocky markets

As many notable investors submit their 13F SEC filings, we can better understand market sentiment by monitoring their portfolios. With many investors divided over the direction of the market, investing in stocks with attractive betas, strong earnings and dividend yields can prove beneficial. Here are two dividend stocks that George Soros holds in Soros Fund […]

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For-profit college accreditor loses federal recognition

WASHINGTON (AP) — The Department of Education has rescinded its recognition of an accrediting agency that primarily oversees for-profit colleges, jeopardizing the survival of schools that serve about 5,000 students. The decision prohibits colleges certified by the Accrediting Council for Independent Colleges and Schools from participating in federal student aid programs unless they can obtain […]

Lending reports

CPI Aerostructures publishes its fourth quarter and full year

Fourth quarter 2021 versus fourth quarter 2020 (restated) Revenues of $26.4 million compared to $25.4 million; Gross profit of $2.8 million compared to $3.6 million; Gross margin of 10.8% versus 14.1%; Net loss of ($0.5) M compared to net earnings of $0.2 M; Loss per diluted share of $(0.04) compared to earnings per diluted share […]

Lending markets

Crypto closes in on TradFi infrastructure

According to research by Acuiti, a management intelligence platform, the main consequence of recent crypto price declines will be that the market will move closer to the infrastructure of traditional finance. Half of the respondents, 50%, in the second Acuiti Cryptocurrency Derivatives Management Analysis Report believe that the main consequence of falling crypto valuations will […]

Lending reports

A series of bad reports show that the housing sector is plunged into “recession”

A The flurry of negative reports on the housing market is raising fears that the sector is beginning to drag the entire economy into a recession. The latest bad news is that existing home sales fell 5.9% in July, a sixth straight month of decline, according to a report released Thursday by the National Association […]

Profit statements

VIG increases pre-tax profit in Bulgaria by 50% year-on-year in the first half

SOFIA (Bulgaria), Aug 18 (SeeNews) – Austria’s Vienna Insurance Group (VIG) said on Thursday it recorded a pre-tax profit of 20.9 million euros ($21.2 million) on its operations in Bulgaria in during the first six months of 2022, up from a pre-tax profit of 13.9 million euros a year earlier. VIG’s strong overall half-year result […]

Lending markets

RDOG has overtaken the REIT and US equity markets

The ALPS REITs Dividend dogs ETFs (RDOG A-) gained 4.88% last week, topping the overall REITs market and the US stock market. RDOG was propelled by a series of positive earnings for its underlying REITs, as well as positive sentiment around the “peak” of inflation that could slow the Fed’s tightening cycle, ALPS wrote in […]

Profit statements

CSL benefit declines despite plasma rebound

Biotech giant CSL says the pandemic set back growth in crucial blood plasma drives for its drugs by two years, as it reported a 6% drop in full-year profits. The $142 billion company saw its net profit drop to $2.24 billion ($3.2 billion) in the 12 months to June 30, which was at the upper […]

Lending markets

Pending sales plummet as property markets start to cool

Changes that have begun to occur in real estate markets across the country have led to more instances of withdrawals from pending home sales, including in Oklahoma City and Tulsa, according to Redfin. (Photo by Dillon Kydd on Unsplash) More would-be buyers have held back sales or pulled out altogether across the country recently, including […]

Lending markets

Direct Lending Markets Help Smooth Private Equity Transactions

Data: Feedback and leveraged data, Refinitiv LPC; Graphic: Axios Visuals Direct lenders are increasingly involved in the lending that fuels mergers and acquisitions and private equity buyouts – an area long dominated by banks. In fact, private equity buyouts, which have plunged this year compared to 2021, likely would have fallen even more had it […]

Profit statements

Macro headwinds weigh on profit margins

Current market conditions, including rising fuel costs and inflationary pressures, are impacting profit margins Current market conditions are creating headwinds for industries and organizations in the Gulf region. As listed companies report their financial results for the first half of 2022, many cite the pressure created on profit margins by challenges such as geopolitical tensions, […]

Lending markets

US markets surge, ASX earnings season kicks off strong – ShareCafe

                 Stocks rose sharply on Friday, notching the fourth consecutive positive week for the S&P 500 as investors celebrated signs that inflation could peak. The main fundamental driver of this week’s rise was weaker than expected July CPI and PPI data, providing further support for the peak inflation narrative. On […]

Lending markets

“Calm down your enthusiasm”; Despite evidence to the contrary, Fed worries about CPI ‘false head’

Larry David is best known for his role in creating and producing the Seinfeld Comedy series. After SeinfeldDavid then created and starred in another such series called Calm your enthusiasm. We think the title of this series is very fitting for what the Fed is saying to the markets in the face of last week’s […]

Profit statements

NEL Reports 15-Month Earnings of $2.33 Billion | Local company

MAJORITY State-owned investment holding company National Enterprises Ltd (NEL) on Friday announced after-tax profit of $2.33 billion for the 15 months ending June 30, 2022, compared with a loss of $252.2 million dollars for the 15-month period ending June 30, 2021. NEL’s dividend income for the 15-month period totaled $274.4 million, or 11.7% of the […]

Profit statements

Best Buy cuts jobs after slashing sales and profit outlook

NEW YORK — Best Buy, the nation’s largest consumer electronics chain, is cutting jobs in an effort to adjust to new changes in consumer behavior as the virus wanes. Best Buy declined to say how many jobs it was cutting, but The Wall Street Journal, which first reported the news, estimated it was hundreds of […]

Lending markets

High Inflation, Volatile Markets – Experts Talk Strategies for Tough Times

Markets rallied in mid-August after US consumer price index (CPI) data for July showed inflation slowed to 8.5% in the seventh month of the year. ‘year. After hitting a 41-year high of 9.1% in June, lower energy costs and better-than-expected job creations brought inflation down for the first time since June 2020. The positive news […]

Lending reports

Maxim Power Corp. reports continued strong earnings with

CALGARY, Alta., Aug. 11, 2022 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Company”) (TSX: MXG) today announced the release of its financial and operating results for the second quarter ended June 30, 2022. The unaudited condensed consolidated interim financial statements, the accompanying notes and MD&A will be available on SEDAR and on MAXIM’s […]

Profit statements

Energy and Environment – Democrats Consider Raising Oil Profits Tax After Record Quarter

Democrats are once again eyeing oil company profits after the companies recently posted record profits. Meanwhile, scientists are linking a type of PFAS to liver cancer. It’s the night of energy and the environment, your source for the latest news focused on energy, the environment and beyond. For The Hill, we are Rachel Frazin and […]

Lending markets

Small forest owners gain a foothold in US carbon markets

New efforts aim to provide smallholders with alternatives to logging while mitigating climate change. 39% of US forest land is private or family owned New carbon credit projects allow only 30 acres to be listed Contract Cost and Duration Barriers for Small Landowners By Carey L. Biron WAYNE COUNTY, Pa., Aug. 9 (Thomson Reuters Foundation) […]

Investment reports

BRIDGE INVESTMENT REPORTS SECOND QUARTER 2022 RESULTS – Form 8-K

BRIDGE INVESTMENT GROUP HOLDINGS INC. ANNOUNCES SECOND QUARTER 2022 RESULTS SALT LAKE CITY, UTAH – August 8, 2022 – Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced its financial results for the second quarter ended June 30, 2022. Total revenue and investment income were $99.0 million and $104.9 million, respectively, […]

Investment reports

Saudi Investment Ministry reports 49 deals completed worth at least $925m in Q2 2022

Riyadh. KAZINFORM – The Ministry of Investment of Saudi Arabia (MISA) has announced the signing of a series of new investment agreements in various sectors such as advanced manufacturing, construction and real estate, ICT, tourism, entertainment and sports, highlighting the success of the National Investment Strategy in attracting investment flows to Saudi Arabia, UNA reports. […]

Lending markets

Real estate trends point to recovery in office and retail markets

Real estate in central Arkansas’ retail and office markets appears to be positioned for a recovery in the coming months after nearly two years of battling the pandemic. Workers left their offices in the spring of 2020, and the retail sector was hit by shutdowns and wary shoppers who stayed away in favor of selling […]

Profit statements

Shares of Saudi hospital operator Sulaiman Al Habib fall despite 22% first-half profit growth

Crypto Moves – Bitcoin and Ethereum fall; Voyager Digital obtains authorization to return $270 million to its customers RIYADH: Bitcoin, the leading cryptocurrency internationally, traded lower on Sunday, falling 1.08% to $22,975.50 as of 8:10 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,681.23, down 3.07%, according to data from Coindesk. […]

Lending reports

SBI announces a 6.7% fall in its autonomous net profit to Rs 6,068 cr in June qtr

Net profit of State Bank of India (SBI), the country’s largest lender, fell 6.7% year-on-year (YoY) to Rs 6,068 crore in the April quarter to June (Q1) FY23 due to a sharp decline in non-interest income due to mark-to-market losses on the investment portfolio. Net profit missed Street’s estimate as analysts polled by Bloomberg had […]

Profit statements

BUA Foods boosts profit by 13.74% to N39.3 billion in Q2 2022 as Saratu Umar steps down as independent non-executive director – WorldStage

WorldStage Newsonline– BUA Foods Plc has released its unaudited financial statements for the six months ended June 30, 2022 with a 13.74% increase in group net profit after tax to N39.309 billion from N34.561 billion in the first half of 2021 . The group’s net profit after tax for the second quarter increased by 14.07% […]

Lending markets

Exotic bond issuers flee to private markets as uncertainty swirls

(Bloomberg) – Companies that issue exotic bonds are struggling to close deals as macroeconomic uncertainty rises and investors seek refuge in vanilla deals. They are therefore turning to a more traditional ally: private debt. Borrowers in the esoteric ABS market are repackaging unusual assets into securities – ranging from royalties to airplanes and shipping containers […]

Investment reports

Softrak Venture Investment Reports Zero Net Income in June 2022 Quarter

Sales reported at Rs 0.08 crore Softrak Venture Investment recorded no net profit/loss in the quarter ended June 2022, compared to a net loss of Rs 0.01 crore in the previous quarter ended June 2021. Sales were reported at Rs 0, 08 crore in the quarter ended June 2022. the previous quarter […]

Profit statements

Italy’s De Nora raises 2022 forecast after core earnings rise

The De Nora logo is displayed on a smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register MILAN, Aug 4 (Reuters) – Newly listed Italian electrode maker Industrie De Nora (DNR.MI) on Thursday revised its forecast for this year’s earnings and sales after its adjusted […]

Profit statements

Singapore bank OCBC’s second-quarter profit jumps 28%, optimistic about outlook

A woman walks past an OCBC signage in Singapore March 31, 2022. REUTERS/Caroline Chia Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 3 (Reuters) – Singapore’s second-largest lender, Oversea-Chinese Banking Corp Ltd (OCBC) (OCBC.SI), reported a stronger-than-expected 28% rise in quarterly profit and presented strong outlook as rising interest rates pushed net […]

Lending markets

High-yield bond markets hold back | White & Case srl

High-yield bond markets see issuance slow as borrowers and investors pull back from new deals amid macro headwinds and geopolitical uncertainty High inflation and interest rate hikes in Europe and the United States, coupled with events in Ukraine, weighed on high yield bond activity in the first half of 2022. In Asia-Pacific, another wave of […]

Lending reports

Angel Oak Mortgage (AOMR) Reports Next Week: What’s Next?

Oall Street expects flat earnings from the prior year quarter on higher revenue when Angel Oak Mortgage (AOMR) reports results for the quarter ended June 2022. While this widely known consensus outlook is important to gauge the company’s earnings, a powerful factor that could impact its stock price in the short term is how actual […]

Investment reports

Varonis Systems (VRNS) Reports Second Quarter Breakeven Results

Varonis Systems (VRNS) reported quarterly earnings per share that broke even against the Zacks consensus estimate of a loss of $0.01. That compares to a loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents a 100% earnings surprise. A quarter ago, this data management software […]

Profit statements

ITC Q1 net profit up 33.4% to ₹4,462.25cr, revenue up 39%

“The outlook for a favorable monsoon, the recent moderation in major commodity prices bodes well for a sustained economic recovery and a pick-up in consumer spending” “The outlook for a favorable monsoon, the recent moderation in major commodity prices bodes well for a sustained economic recovery and a pick-up in consumer spending” ITC Ltd. on […]

Lending markets

MAREX ACQUIRES ED&F MAN CAPITAL MARKETS

Strengthens the group’s global franchise Expands client offering in clearing, metals, fixed income and equities Creates a leading American franchise and expands its global footprint to dubai and APAC LONDON, August 1, 2022 /PRNewswire/ — Marex Group (“Marex”), the diversified global financial services platform, today announces that it has agreed to acquire ED&F Man Capital […]