Category: Reports
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Credicorp reports strong Q1 with digital growth and stable ROE By Investing.com
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Credicorp Limited (NYSE: NYSE:), a leading financial services holding company in Peru, has reported robust first-quarter results for 2024, with CEO Gianfranco Ferrari (NYSE:) highlighting the company’s strong return on equity (ROE) and the positive economic outlook for Peru. Despite challenges such as a recent sovereign credit rating downgrade and…
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Gen reports robust FY2024 results, bullish on cyber safety By Investing.com
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In a recent earnings call, Gen Digital Inc (GEN) discussed its financial performance for the fourth quarter and the full fiscal year of 2024. CEO Vincent Pilette and CFO Natalie Derse detailed the company’s strong operating results, significant growth in revenue, and strategic achievements. Pilette emphasized the escalating cyber risks…
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Source Energy Services Reports 2024 AGM Results
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Article content CALGARY, Alberta, May 10, 2024 (GLOBE NEWSWIRE) — (TSX:SHLE) Source Energy Services Ltd. announces: (“Issuer” or the “Company”) announced the results of the annual shareholders’ meeting held on May 10, 2024. Article content Voting results in the 2024 Ordinary General Assembly Election of members of the Board of…
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Hagerty reports robust Q1 growth, marketplace expansion By Investing.com
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Hagerty (HGTY), a leader in collectible vehicle insurance, has announced a robust performance in the first quarter of 2024, with a significant increase in commission revenue and marketplace revenue. The company also reported improved operating margins, a substantial rise in net income, and an increase in adjusted EBITDA. Hagerty’s outlook…
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Brookfield Corporation reports strong Q1 financials By Investing.com
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Brookfield Corporation (ticker: BAM), a leading global alternative asset manager, has reported robust financial results for the first quarter of 2024. The company’s distributable earnings before realizations reached $1 billion for the quarter, marking a 10% increase from the previous year. A significant milestone was achieved through the acquisition of…
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HCI Group reports robust Q1 results, eyes expansion By Investing.com
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HCI Group Inc. (NYSE:) has announced a strong start to 2024, with pre-tax income reaching $77.4 million and earnings per share at $3.81 for the first quarter. The company’s growth has been fueled by increased premiums, higher investment income, and improved loss trends, alongside a decline in expense ratios. HCI…
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FDIC investigation finds sexual discrimination, harassment at bank regulator – reports
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Alex Wong/Getty Images News An investigation by a law firm found that sexual harassment, bullying and discrimination had been ingrained at the Federal Deposit Insurance Corporation for years, and the report questioned Chairman Martin Gruenberg’s leadership of the regulator, according to media reports. The report is expected to be released…
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More Than 90% Stablecoin Transactions Aren’t From Real Users, Reports VISA
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Image from the internet The rapid expansion of the stablecoin market has captured the attention of the cryptocurrency world, with advocates touting these digital assets as a revolutionary force in the $150 trillion global payments industry. However, a recent study, co-developed by Visa, revealed a startling fact – more than…
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Matterport (NASDAQ:MTTR) Reports Q1 In Line With Expectations, To Be Acquired By Stock Story
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Real estate-focused virtual reality platform Matterport (NASDAQ:) reported results in line with analyst expectations in the first quarter of fiscal 2024, with revenue rising 4.9% year over year to $39.87 million. It had a non-GAAP loss of $0.01 per share, improving from its loss of $0.07 per share in the…
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Fed’s Goolsbee: Jobs reports like this will give us confidence the economy not overheating
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The more jobs reports you get this way, the more confident we are that the economy isn’t overheating A bump in inflation hit at the beginning of the year The more we see jobs reports that look like pre-Covid, the more confidence there will be that the economy is not…
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Climb Global Solutions reports mixed Q1 results By Investing.com
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Climb Global Solutions (ticker not provided) has reported its financial results for the first quarter of 2024, revealing a mix of positive developments and challenges. The company saw double-digit organic growth in North America and benefits from its recent acquisition of DataSolutions in Europe. However, softer volumes with key vendors…
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Exelon reports steady progress and regulatory wins By Investing.com
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Exelon Corporation (NASDAQ:) has reported its first quarter earnings, indicating a solid performance with earnings of $0.66 per share on a GAAP basis and $0.68 per share on a non-GAAP basis. The energy giant is on track to meet its annual financial expectations and has made significant strides on the…
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Bill.com (NYSE:BILL) Reports Upbeat Q1, Provides Optimistic Full-Year Guidance By Stock Story
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Billing and payment software maker Bill.com (NYSE:BILL) beat analysts’ expectations in the first quarter of fiscal 2024, with revenue rising 18.5% year-over-year to $323 million. Furthermore, revenue guidance for the upcoming quarter ($325 million at the midpoint) was surprisingly good and 3.3% higher than analysts had expected. It generated non-GAAP…
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BlackRock reports first outflows as Bitcoin ETFs shrink 20% since March
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The 10 U.S. Bitcoin ETFs Continue to Crash. On Wednesday, outflows from all ETFs were recorded for the first time, piling up the largest losses since trading began in January, with $563.7 million exiting funds, according to CoinGlass data. The latest numbers have been declining for about two months. In…
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Insurer Chubb prepares to pay $350 million in Baltimore bridge collapse, WSJ reports By Reuters
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(Reuters) – Chubb, the insurer of the Francis Scott Key Bridge in Baltimore that collapsed in March, is preparing to pay $350 million in damages to the state of Maryland, The Wall Street Journal reported on Thursday. The report said the payment is expected to be approved within weeks, citing…
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ADP reports earnings ahead of analyst estimates By Investing.com
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ROSELAND – The Automated Data Processing Company (NASDAQ:) posted a modest beat on third-quarter earnings, with adjusted EPS of $2.88, beating analysts’ estimates of $2.79. The company’s revenue also saw a slight increase, reaching $5.25 billion, slightly above the consensus estimate of $5.23 billion. The company’s shares saw a slight…