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Monte dei Paschi ends debt collection deal to sell 3 billion euros in bad loans

Monte dei Paschi di Siena said on Sunday it had been forced to end early a 10-year bad loan management contract so that it could have more freedom in selling off bad debts in a worsening economic environment......»»

Category: topSource: reutersJun 30th, 2019

Earnings Results: U.S. cannabis company Curaleaf reaches billion-dollar annual sales rate

Curaleaf Holdings Inc. is selling cannabis at an annual rate of a billion dollars a year, and executives expect that to keep increasing......»»

Category: topSource: marketwatchMay 11th, 2021

Moderna slumps 9% as the vaccine-maker"s Q1 revenue misses estimates

The pharma company's full-year sales forecast for its vaccine was raised to $19.2 billion, up from a prior forecast of $18.4 billion. .....»»

Category: topSource: businessinsiderMay 6th, 2021

UPS jumps 12% after revenue and earnings beat estimates amid an e-commerce surge

UPS turned in revenue of $22.91 billion and EPS of $5.47 in its first-quarter earnings release on Tuesday, topping analysts' estimates. Stephanie Keith/Getty Images UPS posted a 27% year-over-ye.....»»

Category: worldSource: nytApr 27th, 2021

Lockheed Martin beats first-quarter profit estimates and raises guidance

Defense contractor Lockheed Martin Corp. said Tuesday it had net income of $1.8 billion, or $6.56 a share, in the first quarter, up from $1.7 billion, or $6.08 a share, in the year-earlier period. Sales rose to $16.3.....»»

Category: topSource: marketwatchApr 20th, 2021

Month-End Set For Epic Clash Between Forced Pension Selling And Quant Buying

Month-End Set For Epic Clash Between Forced Pension Selling And Quant Buying It's time to talk month/quarter-end rebalancing again. As a reminder two weeks ago JPMorgan caused some serious indiges.....»»

Category: personnelSource: nytMar 23rd, 2021

Dow roars higher as Goldman, JPMorgan benefit from 10-year yield pop

Stocks traded in a divided market with the Dow bucking the selling......»»

Category: topSource: foxnewsMar 18th, 2021

Home Depot"s Q4 sales jumped 25% to $32.3 billion, beating analyst estimates, but it said future consumer spending remained uncertain

Home Depot posted $132.1 billion in total sales for the 2020 fiscal year - a jump of 19.9% year-over-year. Nicholas Kamm/AFP via Getty Images Home Depot on Tuesday posted a 25.1% spike in f.....»»

Category: topSource: businessinsiderFeb 23rd, 2021

Taiwan top-3 foundries to see combined revenue hit another record high in 2021, says Digitimes Research

Combined revenue of Taiwan's top-3 pure-play foundries are expected to rise 17% on year to top US$60 billion in 2021, Digitimes Research estimates......»»

Category: topSource: digitimesFeb 23rd, 2021

Mountain Express Oil: On the road to selling 1 billion gallons of gasoline

In 2020, Mountain Express Oil had $200 million in real estate transactions. Most of the deals took place during the last five months of the year......»»

Category: topSource: bizjournalsFeb 10th, 2021

Plug Power hauls in record $2 billion in stock sale

Plug Power has cleared nearly $2 billion by selling 32.2 million shares in the most lucrative capital raise in the fuel cell manufacturer's 24-year history......»»

Category: topSource: bizjournalsFeb 9th, 2021

Short-sellers are nursing estimated losses of $19 billion in 2021 after betting on GameStop"s share price to fall

The war between hedge funds and Reddit day traders has cost short-sellers about $19 billion this year just on GameStop, new data indicates. John Minchillo/AP Short-sellers have lost about $19 billion on GameStop in 2021, new estimates .....»»

Category: topSource: businessinsiderJan 30th, 2021

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global chief strategist says

JPMorgan estimates that nominal GDP was on track to rise by 6.4% year-over-ye.....»»

Category: worldSource: nytJan 19th, 2021

What are we drinking to get through the pandemic? Here are Pennsylvania"s best-selling wines and spirits of 2020

The Pennsylvania Liquor Control Board recorded $2.56 billion in sales during its 2020 fiscal year......»»

Category: topSource: bizjournalsDec 19th, 2020

USDA estimates 2020/2021 U.S. corn crop at a record, sees rise in amount used for ethanol

The U.S. Department of Agriculture on Tuesday estimated the U.S. corn crop at a record 16 billion bushels for the 2020/2021 marketing year, according to its la.....»»

Category: topSource: marketwatchMay 12th, 2020

Saudi Aramco profit falls 25% but dividend in line with planned payout for year

Saudi Aramco, the world's top oil exporting company, on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion payout for the year......»»

Category: topSource: reutersMay 12th, 2020

Saudi Aramco first-quarter net profit slides 25% as oil prices tumble

Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion base payout to shareholders for the year......»»

Category: topSource: reutersMay 12th, 2020

Singapore"s richest man is getting $1 billion richer each month from selling ventilators

REUTERS/Khaled Abdullah/File Photo Singapore's wealthiest man Li Xiting is already $4.3 billion richer this year. He's now worth $13.5 billion, according to Bloomberg data.....»»

Category: topSource: businessinsiderApr 24th, 2020

TT Club Loads Evidence In Cargo Security Push

The TT Club estimates that the international maritime industry incurs losses of about $6 billion each year because of incorrectly packed or documented cargo. read more.....»»

Category: blogSource: benzingaApr 14th, 2020

JPMorgan Profit Plunges To 7 Year Low On $6.8 Billion In Loan Loss Reserves As Dimon Warns Of "Severe Recession"

JPMorgan Profit Plunges To 7 Year Low On $6.8 Billion In Loan Loss Reserves As Di.....»»

Category: blogSource: zerohedgeApr 14th, 2020