Investment reports

AGNC Investment Reports Stable Book Value, But Are Choppy Waters Coming?

The US economy is struggling to cope with unusually high inflation, which has not been a problem for decades. If anything, the Federal Reserve has been unhappy because inflation has been too low for too long in the past. The latest bout of inflation has been blamed on supply chain issues, product shortages, labor shortages […]

Investment reports

BF Investment reports consolidated net profit of Rs 33.21 crore in the June 2021 quarter

Sales increase 32.73% to Rs 5.15 crore BF Investment’s net profit reported at Rs 33.21 crore in the quarter ended June 2021 compared to a net loss of Rs 3.54 crore in the previous quarter ended June 2020. Sales increased by 32.73 % to Rs 5.15 crore during the quarter ended June 2021 against Rs […]

Investment reports

Stripe secures additional $ 1 billion investment

Stripe has secured an additional $ 1 billion ($ 830 million) investment, media reports say the company recently offered investors the option to buy shares from early backers and past employees and present. The news, which has not been confirmed by the company, comes as Stripe continues to expand beyond the online payments space with […]

Investment reports

Orascom Investment Announces 10% YoY Drop in Revenue to EGP 730.5 Million in 2020

Orascom Investment Holding (OIH) reported revenue of EGP 730.5 million in 2020, up from EGP 811.4 million in 2019, reflecting a 10% year-over-year decline. The cables business, notably the Pakistani operator of submarine fiber optic cables, Pakistan Cables, was the largest contributor to revenue, with 91% in 2020, or -1.3 pps year-on-year) , registering 664.2 […]

Investment reports

Ark Investment announces $ 20 million stake in Ethereum Trust by CoinQuora

Ark Investment announces $ 20 million stake in Ethereum Trust Ark Investment has declared that it holds 639,069 shares in ETH Trust de Grascale. Etherium fans viewed the investment as a bullish sign. Ark Investment also holds significant stakes in. Ark Investment said it held 639,069 shares in Grayscale’s Trust for the first quarter. The […]

Investment reports

New residential investment yields solid figures on mortgage service gains

Having had one of the best years in over a decade, mortgage bankers are being treated as suspects by the market. Investors are worried about rising mortgage rates choking the refinancing market and heightened competition among bankers which is squeezing margins. In this environment, a mortgage banker with several complementary professions such as New residential […]