Did you miss out on an amazing opportunity if you passed on investing in Costco Wholesale's (NASDAQ: COST) IPO? Costco has a differentiated and strong business, and there are still more gains to be had ahead. Costco demonstrated its resilience during the pandemic as members flocked to its warehouses to get bulk quantities of essentials from the discount retailer, and the numbers remain strong well into post-lockdown.
U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and muted loan growth drag their earnings. Regions Financial, Huntington Bancshares and Fifth Third Bancorp joined peers in reporting smaller first-quarter profits on Friday, due to a steep fall in their interest income. Net interest margin, a key measure of banking profitability that takes into account earnings from interest on loans and payments on deposits, also contracted across regional lenders for the second straight quarter.
Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards. The jump in profits for AmEx came largely from higher cardmember spending on their accounts as well as more balances collecting interest. AmEx takes a small percentage of each transaction spent on their cards as a fee from merchants, which was its primary business model for decades.
Prince Harry has won the latest skirmish in his legal battle with the publisher of The Sun after the High Court rejected an application to delay a trial, insisting it should go ahead as planned next January
Stock Market Today: Dow Jones futures dropped Friday after Israel's retaliatory strike on Iran. Netflix stock dived on a weak sales outlook.
Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q1 2024 Earnings Call Transcript April 18, 2024 Berkshire Hills Bancorp, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning ladies and gentlemen and welcome to the Berkshire Hills Bancorp First Quarter 2024 […]
US aerospace firm Boeing is still hoping to weaponise the new MQ-25 Stingray drone it’s building for the US Navy’s aircraft carriers. Sure, there’s a profit motive. But Boeing isn’t wrong. Adding missiles to the far-flying MQ-25 – the Navy’s first in service carrier-capable drone – is a really good idea.
Amidst operational losses and market downturns, UAMY focuses on strategic realignments and enhancing government collaboration.
The 1975 singer notably dated Taylor Swift for a few months in the spring of 2023
Discover how XWELL Inc's innovative strategies and operational efficiencies are shaping its journey towards profitability and expansion.
Ahead of their rematch, DeMar DeRozan recalled the frustration after the Chicago Bulls' 2023 loss to the Miami Heat in the Play-In.
SOUTH BRUCE - Dave Rushton, project manager with the South Bruce Nuclear Exploration Team, presented council with the housing growth strategy RFP results during the April 9 meeting. Council awarded the contract in the amount of $80,690 plus taxes to Deloitte for the housing growth strategy report, with additional costs to BM Ross. Rushton noted that even with the additional costs, it comes in under the $100,000 mark. He explained that the reason for the strategy is there’s “a lot of growth” happ
BRUCE COUNTY - It’s no secret that the Bruce County Archives needs space. It’s what was behind the acquisition of the old Anglican manse, a measure that collapsed in a highly divisive court case that the county lost, said Warden Chris Peabody. The need for space remains an issue, one that’s addressed in a report being presented to Bruce County council on April 18. Peabody’s comment was, “2016 is back!” The report’s overview referred to the over 1,300 artifacts that staff have deaccessioned betwe
Webflow, a web design and hosting platform that's raised over $330 million at a $4 billion valuation, is expanding into a new sector: marketing optimization. Today, Webflow announced that it acquired Intellimize, a startup leveraging AI to personalize websites for unique visitors. The majority of the Intellimize team -- around 50 people -- will join Webflow.
BROCKTON – As the April 17 date for the joint council meeting to discuss the future of Saugeen Municipal Airport (SMA) drew closer, Brockton council had the opportunity to discuss Mayor Chris Peabody’s prepared statement. Each member municipality of the SMA – Brockton, Hanover and West Grey - was asked to provide a statement prior to the meeting scheduled for 9 a.m. at the Elmwood Community Centre. The mayor’s statement begins by saying “SMA has been in operation since 1990 due to the dedication
BROCKTON – Bruce County’s director of transportation and environmental services, Adam Stanley, presented an update on the Durham Street bridge project to Brockton council on April 9. The information was similar to what was provided to Bruce County council the previous week, with greater stress on presenting the repair project as the preferred alternative for the environmental assessment that is still underway. The county has approved the allocation of $3 million for emergency repairs, and has so
A performance of Les Miserables was stopped when five activists locked themselves to the set at the Sondheim Theatre in October last year.
Ultra-Rare 1967 Ford Galaxie 500 XL Hits the Market
If you’re looking to automate more of your home cleaning setup, iRobot’s flagship Roomba Combo J9+ is on sale for $400 off. The vacuum-mop hybrid robot, which only arrived last fall, has a redesigned dock that automatically empties debris and refills the device’s mopping liquid.
WINGHAM – The back wall of the Lyceum Theatre was reduced to rubble during the storm that rolled through the area on Friday night, marking the end of the century-old building, which seems now beyond repair. According to Cinema Treasures, a website dedicated to preserving the memories of old theatres, the Lyceum Theatre was opened in the 1920s. It was a hub of entertainment, modernized when sound was installed in the early 1930s, under the operation of Captain Adams. Later, his son Alton Adams to
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