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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......»»
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......»»
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. .....»»
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.....»»
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.....»»
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.....»»
Dow roars higher as Goldman, JPMorgan benefit from 10-year yield pop
Stocks traded in a divided market with the Dow bucking the selling......»»
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.....»»
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......»»
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......»»
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......»»
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 .....»»
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.....»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»