Point of No Return

March 31, 2023 WALL STREET 0

Language bots have taken the world by storm this winter. Chinese companies have been world leaders in the development and commercialization of artificial intelligence. Now […]

Shell (RDS.A) Resumes Work at Prelude Floating LNG Facility

September 8, 2020 0

Royal Dutch Shell plc RDS.A recently confirmed that it resumed activities at Prelude floating liquefied natural gas (LNG) facility offshore Western Australia. The facility remained offline since February due to engineering glitches. This suspension followed an order from Australia's upstream regulator to perform additional work following three safety incidents that took place at the facility between September and January.

Credit Acceptance Gains on Consumer Loans and Active Dealers

September 8, 2020 0

Supported by a decent increase in consumer loans along with a rise in dealer enrollments, Credit Acceptance Corporation 's CACC revenues are anticipated to improve in the near term. Moreover, its share buyback policy remains impressive, through which the company is expected to continue enhancing its shareholder value.

Why Should You Hold Synchrony Financial in Your Portfolio?

September 8, 2020 0

Synchrony Financial SYF is well-poised for growth on the back of rising interest income and inorganic growth strategies. The company is expected to make progress, evident from its favorable VGM Score of B. Here V stands for Value, G for Growth and M for Momentum with the score being a weighted combination of all three factors.

Novartis (NVS) Releases Positive Data on Enerzair Breezhaler

September 8, 2020 0

Novartis NVS announced positive data on asthma treatment Enerzair Breezhaler from a post hoc analysis in the phase III IRIDIUM study. The data was presented virtually at the European Respiratory Society (ERS) International Congress 2020.

Airline Stock Roundup: UAL’s Expansion Update, GOL’s August Traffic Report & More

September 8, 2020 0

In the past week, United Airlines UAL announced that due to the uptick in air-travel demand, it plans to increase its October flying schedule to 40% of its full schedule from 34% in September. Taking advantage of this improvement in travel demand (particularly for leisure), Spirit Airlines SAVE too issued an expansion update. Meanwhile, Hawaiian Airlines, the wholly-owned subsidiary of Hawaiian Holdings HA , became the latest carrier to eliminate change fees.

Mastercard, Its Partners and ADB to Cushion Small Businesses

September 8, 2020 0

Mastercard Inc. MA and partners N-Frnds, SGeBIZ and Finastra have entered into an agreement with the Asian Development Bank (ADB) to provide funds for small and medium enterprises (SMEs) in Asia. SMEs are at the receiving end of the COVID-19-led business disruption, which affected their supply chains and trade networks

Petrobras Discovers High Productivity at Jupiter Oilfield

September 8, 2020 0

Petroleo Brasileiro S.A. or Petrobras PBR recently concluded the formation test in the pre-salt exploration area of Jupiter oilfield at the Santos Basin. The outcomes of the same ascertain the high productive capacity of the well, which comprises condensed oil of top-class quality with elevated flow rates, thereby strengthening the prospects of the region

Second Avenue Capital Partners Provides $35 Million Facility Supporting The New Sur La Table

September 8, 2020 0

Second Avenue Capital Partners Provides $35 Million Facility Supporting The New Sur La Table PR Newswire BOSTON, Sept. 8, 2020 BOSTON , Sept. 8, 2020 /PRNewswire/ — Second Avenue Capital Partners, LLC (“SACP”) ( www.secondavecp.com ) announced it has provided a $35,000,000 senior secured credit facility to a joint venture of Marquee Brands and CSC Generation in support of their newly acquired luxury kitchenware retailer Sur La Table.

Here’s Why You Should Buy Horace Mann Educators (HMN) Stock

September 8, 2020 0

Horace Mann Educators Corporation HMN is well-poised for growth, riding on transformational actions and profitability initiatives, niche market focus and a sturdy financial position. The Zacks Consensus Estimate for 2020 and 2021 earnings has moved up 11.1% and 3.4%, respectively in the past 30 days, reflecting analysts’ optimism. Return on equity of 7.6% in the trailing 12 months was slightly better than the industry average of 7.5%, reflecting the company’s efficiency in utilizing shareholders’ funds