Latest Currency markets News

Hamilton Lane: Fiscal Q4 Earnings Snapshot

May. 23, 2024 07:25 AM EDT

CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Thursday reported fiscal fourth-quarter profit of $48.4 million. The Conshohocken, Pennsylvania-based company said it had net income of $1.26 per share. Earnings, adjusted for non-recurring costs, came...

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

May. 16, 2024 11:37 AM EDT

TOKYO (AP) — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen ($65 billion) through fiscal 2031 to deliver EV models around the world, including the U.S. and China. “Honda has not changed its belief that EVs...

Sifco: Fiscal Q2 Earnings Snapshot

May. 09, 2024 18:35 PM EDT

CLEVELAND (AP) — CLEVELAND (AP) — Sifco Industries Inc. (SIF) on Thursday reported a loss of $1.6 million in its fiscal second quarter. The Cleveland-based company said it had a loss of 26 cents per share. The producer of forgings and machined components for the...

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

May. 09, 2024 09:57 AM EDT

LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target. In a statement Thursday, the bank’s nine-member...

Townsquare: Q1 Earnings Snapshot

May. 09, 2024 06:16 AM EDT

PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported earnings of $1.1 million in its first quarter. The Purchase, New York-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring gains, came to 3 cents...

Magnite: Q1 Earnings Snapshot

May. 08, 2024 17:23 PM EDT

NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Wednesday reported a loss of $17.8 million in its first quarter. On a per-share basis, the New York-based company said it had a loss of 13 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 5...

A timeline of the collapse at FTX

May. 08, 2024 12:09 PM EDT

FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its...

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

May. 08, 2024 10:07 AM EDT

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange...

Stock market today: Asian shares mixed after calm day on Wall St

May. 08, 2024 01:08 AM EDT

TOKYO (AP) — Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. U.S. futures and oil prices slipped, while the yen weakened further against the U.S. dollar. Tokyo's Nikkei 225 lost 1.5% to 38,244.76. Nintendo Co.’s share...

Patria Investments: Q1 Earnings Snapshot

May. 02, 2024 06:28 AM EDT

GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Patria Investments Ltd. (PAX) on Thursday reported earnings of $15.4 million in its first quarter. On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had profit of 10 cents....