Stocks
© Reuters. Regions Financial Corp (NYSE:) reported a third-quarter profit of $490 million, or 49 cents per share on Friday, marking an increase from last year’s $429 million. This rise in profit is in line with the InvestingPro data showing revenue growth of 10.01% for the company in the last…
© Reuters. The Bangladesh Bank (BB) is set to receive the second installment of a $4.7 billion loan from the International Monetary Fund (IMF) in December, amounting to $681 million. This was announced by Md Mezbaul Haque, BB’s Executive Director, during Thursday’s IMF-BB briefing that followed the last resort’s board…
© Reuters. ICICI Bank is set to release its Q2 financial results on Saturday, with projections indicating a robust performance for the July-September period. This strong performance is largely attributed to double-digit growth in loans and deposits, along with stable asset quality. Zee Business research estimates that ICICI Bank’s standalone…
© Reuters. GameSquare Holdings (NASDAQ:GAME) is on course to acquire FaZe Holdings, the parent company of eSports team FaZe Clan, through an all-stock deal. The news comes as GameSquare, backed by major shareholder Jerry Jones, continues to expand its footprint in the eSports industry. The acquisition will include entities such…
© Reuters. FILE PHOTO: Apple CEO Tim Cook attends the ‘Wonderlust’ event at the company’s headquarters in Cupertino, California, U.S. September 12, 2023. REUTERS/Loren Elliott/File Photo BEIJING (Reuters) – China’s Vice Premier Ding Duexiang told Apple (NASDAQ:) CEO Tim Cook the group was welcome to participate in developing China’s digital…
© Reuters. Google Search language capabilities creating overhang for Duolingo – KeyBanc Duolingo (NASDAQ:) shares tumbled Thursday and are down another 1% in premarket trading Friday after KeyBanc Capital released a note on the stock stating Alphabet (NASDAQ:) owned Google’s Search language capabilities as creating an overhang. “Google announced on…
© Reuters. A rocket launched from the Gaza Strip strikes an area near Sderot, southern Israel October 9, 2023. REUTERS/Amir Cohen (Reuters) – Several global companies have temporarily shut some operations in Israel and asked their employees to work from home after the country came under a surprise attack by…
© Reuters. Citigroup Inc (NYSE:). reported a 2% increase in profits for the third quarter of 2023, beating Wall Street’s downgraded forecasts. The bank registered $1.63 earnings per share on a $20.1 billion revenue, outperforming FactSet’s forecast of $1.23 per share on a $19.3 billion revenue. This improvement comes after…
© Reuters. Geoffrey Belsher, a seasoned investment banker, is set to assume his new role as chairman and CEO for Barclays Plc in Canada starting Monday. Belsher, previously associated with Canadian Imperial Bank of Commerce and Lehman Brothers, will be based in Toronto. His appointment follows the departure of several…
© Reuters. On Thursday, UBS maintained its neutral recommendation for professional staffing services firm Kforce (NASDAQ:), setting a one-year price target at $64.77, an upside of 8.08% from the closing price of $59.93. With projected annual revenue for Kforce at $1,696 million, marking a growth of 2.63%, and the non-GAAP…