Latest Currency markets News
Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme
WASHINGTON (AP) — Spain's largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation into a scheme to bribe Venezuelan officials with a lavish Caribbean vacation and expensive watches. The agreement with Telefónica S.A....
Magnite: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Thursday reported net income of $5.2 million in its third quarter. On a per-share basis, the New York-based company said it had profit of 4 cents. Earnings, adjusted for one-time gains and costs, came to 17 cents per share....
Townsquare: Q3 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported net income of $10.8 million in its third quarter. On a per-share basis, the Purchase, New York-based company said it had net income of 63 cents. Earnings, adjusted for non-recurring...
Hamilton Lane: Fiscal Q2 Earnings Snapshot
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Wednesday reported fiscal second-quarter net income of $55 million. The Conshohocken, Pennsylvania-based company said it had net income of $1.37 per share. Earnings, adjusted for one-time items, were...
Patria Investments: Q3 Earnings Snapshot
CAMANA BAY, Cayman Islands (AP) — CAMANA BAY, Cayman Islands (AP) — Patria Investments Ltd. (PAX) on Tuesday reported profit of $1.5 million in its third quarter. On a per-share basis, the Camana Bay, Cayman Islands-based company said it had profit of 1 cent. Earnings, adjusted...
Financial market worries over the UK budget appear to ease
LONDON (AP) — Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British debt steadying and the pound rising against most other currencies. In the wake of Wednesday's budget statement, the first by a...
Stoneridge: Q3 Earnings Snapshot
NOVI, Mich. (AP) — NOVI, Mich. (AP) — Stoneridge Inc. (SRI) on Wednesday reported a loss of $7.1 million in its third quarter. The Novi, Michigan-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs, were 24 cents per share. ...
Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
DETROIT (AP) — Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.'s profits this year, causing the company to lower its full-year earnings guidance. That pushed the company's stock price down 6% in trading after Monday's closing bell....
Nasdaq: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Nasdaq Inc. (NDAQ) on Thursday reported third-quarter profit of $306 million. On a per-share basis, the New York-based company said it had profit of 53 cents. Earnings, adjusted for one-time gains and costs, came to 74 cents per share. ...
Cryptocurrency exchange network accused of helping Russia hit with sanctions
WASHINGTON (AP) — A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a government-wide crackdown on cybercrime that could assist Russia ahead of President Joe Biden's meeting with Ukrainian President Volodymyr...
