Category: profit
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Are Bitcoin Whales Still Holding For Higher Profit? This On-Chain Signal Suggests So
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Bitcoin’s price performance in 2024 is one for the history books, as the leading cryptocurrency crossed the $100,000 mark for the first time ever. However, reaching this milestone has opened the door to another conversation – when will the market reach the top? As a result, several Bitcoin top price…
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GameStop reports third-quarter profit on spending cuts
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Written by Zaheer Kachwala (Reuters) – GameStop reported third-quarter earnings on Tuesday as the video game retailer ramped up cost-saving efforts, including closing stores and selling higher-margin merchandise. CEO Ryan Cohen told investors in June that the company would operate with a “smaller network and greater value-added elements” as part…
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Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit
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On-chain data shows that long-term Bitcoin holders have been selling recently as their profits swelled to notable levels following the price surge. Long-term Bitcoin holders have made huge profits recently As CryptoQuant community analyst Maartunn explains in a new article mail On X, long-term holders have sold large amounts in…
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Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit
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On-chain data shows that long-term Bitcoin holders have been selling recently as their profits swelled to notable levels following the price surge. Long-term Bitcoin holders have made huge profits recently As CryptoQuant community analyst Maartunn explains in a new article mail On X, long-term holders have sold large amounts in…
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As Big Tech Profit Growth Slows, Investors Hunt for a New Thing
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Breadcrumb links BMN Business The growth engine of the stock market is running on fumes. Article writer: Bloomberg News Wittenstein’s neighbors Published on December 7, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. E(n)786hdv70v9o6grqhgs8x_media_dl_1.png Bloomberg…
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Mizrahi Tefahot Q3 profit jumps 30%
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Mizrahi Tefahot Bank announced net profits of NIS 1.4 billion for the third quarter of 2024, a 30% increase over the corresponding quarter of 2023 with the highest return on equity – 19% – of any Israeli bank announced to date. The bank’s net interest income reached 3.16 billion shekels…
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Aston Martin issues profit warning and announces £210m fundraising
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Aston Martin Lagonda, the UK’s only listed carmaker, has issued a second profit warning in as many months and announced a £210m fundraising effort. The company’s shares hit a two-year low, falling 5.5% to 102p in early trading on Wednesday. The Midlands-based luxury car manufacturer revealed late on Tuesday that…
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Shufersal profit soars – Globes
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The deep discounts made by the new owners of the Shufersal supermarket chain, brothers Yossi and Shlomi Amir, have begun to pay off for them and their shareholders, in a big way. This morning, Shuversal announced a very sharp rise in third-quarter profits. Shufersal recorded a net profit in the…
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Bitcoin Realized Profit Hits ATH At $443 Million – Local Top Or Continuation?
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This article is also available in Spanish. Bitcoin crossed the $99,800 mark, setting a new all-time high as it approaches the psychological $100,000 barrier. While this achievement indicates notable strength, the price has yet to reach this key level, leaving investors in a state of suspense. Market demand remains strong,…
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Hapoalim Q3 profit up 14%
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Bank Hapoalim, headed by Yadin Antebi, opened the reporting season for Israeli banks as financial statements showed a 14% growth in third-quarter net profits to NIS 1.9 billion. The increase compared to the third quarter of 2023 is mainly due to the higher interest rate environment, which led to growth…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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El Al’s profit climbs to new heights
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Israeli airline El Al (TSE: ELAL) once again broke its records, posting a third-quarter net profit of $187 million, 3.6 times the profit of $52 million in the corresponding quarter of 2023. The result is very impressive, considering Until profits in the first two quarters of the year were also…
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Logan Paul’s New Crypto Scandal: Misleading Fans For Profit
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American YouTuber and boxer Logan Paul is facing backlash again after being accused of misleading his fans about cryptocurrency investments. New evidence shows that Paul apparently promoted the tokens without admitting that he had a financial interest in them, earning more than $100,000 in the process. YouTuber profits from misleading…
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KenGen doubles dividend payout after 35pc profit rise to Sh7bn
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Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024. The company made a profit after tax of Sh6.79 billion for the period, up 35.5 per cent from the Sh5.01 billion it made in…
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KenGen doubles dividend payout after 35pc profit rise to Sh7bn
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Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024. The company made a profit after tax of Sh6.79 billion for the period, up 35.5 per cent from the Sh5.01 billion it made in…
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Revenue And Profit Growth, Adjusts Annual Outlook Factoring Acquisitions
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Honeywell International Company (NASDAQ:HON) shares are trading lower after the company reported third-quarter results And updated FY24 guidance. Revenue grew 6% year over year (organic: +3%) to $9.728 billion, missing the consensus of $9.901 billion. The increase in sales was due to strong growth in the defence, aerospace, commercial aviation…
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UK Government nets £1.5bn profit from Octopus-Bulb deal, closing the bailout chapter
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The UK government has secured a £1.5bn windfall following Octopus Energy’s takeover of collapsed energy supplier Bulb, marking the conclusion of the Bulb rescue saga. Octopus Energy has paid more than £3bn to the government, providing a major financial boost amid pressing budget constraints. The government intervened in November 2021…
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UK Government nets £1.5bn profit from Octopus-Bulb deal, closing the bailout chapter
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The UK government has secured a £1.5bn windfall following Octopus Energy’s takeover of collapsed energy supplier Bulb, marking the conclusion of the Bulb rescue saga. Octopus Energy has paid more than £3bn to the government, providing a major financial boost amid pressing budget constraints. The government intervened in November 2021…
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91% Of Bitcoin Holders In Profit After $66,000 Rally: Data
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On-chain data shows that about 91% of all Bitcoin holders have entered the green after the recent surge towards the $66,000 level. Bitcoin has enjoyed sharp upward momentum recently Bitcoin started the new week on a positive note with its price rising almost 4% to return to the same highs…