Latest Currency markets News
After the dollar-loving Milei wins the presidency, Argentines anxiously watch the exchange rate
BUENOS AIRES, Argentina (AP) — As soon as Leandro Francisco Diana woke up Tuesday, he reached for his phone like many Argentines on the first business day after the election victory of President-elect Javier Milei. “I opened my eyes, got my phone and looked for the price of the...
Mexican magnate's firm says it's too poor to pay US bondholders the tens of millions owed
MEXICO (AP) — The company run by Mexican TV, retail and banking magnate Ricardo Salinas Pliego said Tuesday it had failed to reach agreement with bondholders in the United States who are owed tens of millions of dollars in past-due payments. Salinas Pliego's TV Azteca company...
Townsquare: Q3 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported a loss of $37 million in its third quarter. On a per-share basis, the Purchase, New York-based company said it had a loss of $2.27. Earnings, adjusted for non-recurring costs, were 46...
Magnite: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Wednesday reported a loss of $17.5 million in its third quarter. On a per-share basis, the New York-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to...
Hamilton Lane: Fiscal Q2 Earnings Snapshot
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Tuesday reported fiscal second-quarter earnings of $42 million. On a per-share basis, the Conshohocken, Pennsylvania-based company said it had profit of $1.11. Earnings, adjusted for one-time items,...
Patria Investments: Q3 Earnings Snapshot
GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Patria Investments Ltd. (PAX) on Tuesday reported profit of $18.5 million in its third quarter. On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had net income of 12 cents....
Stoneridge: Q3 Earnings Snapshot
NOVI, Mich. (AP) — NOVI, Mich. (AP) — Stoneridge Inc. (SRI) on Wednesday reported earnings of $2.2 million in its third quarter. On a per-share basis, the Novi, Michigan-based company said it had net income of 8 cents. Earnings, adjusted for non-recurring costs, came to 10 cents...
Shares of United Airlines tumble on sour outlook for 4Q profit because of rising fuel prices
Shares of United Airlines tumbled 9.7% on Wednesday after the carrier gave a gloomy outlook for its fourth-quarter profit, which will be reduced by rising jet fuel prices. In addition, United's revenue could be under pressure the longer that flights to Israel are suspended for the...
China's Xi promises open markets and billions in new investments for 'Belt and Road' projects
BEIJING (AP) — Chinese President Xi Jinping promised foreign companies greater access to China’s huge market and more than $100 billion in new financing for other developing economies as he opened a forum Wednesday on his signature Belt and Road infrastructure initiative. Xi's...
Argentina's populist presidential candidate Javier Milei faces criticism as the peso takes a dive
BUENOS AIRES, Argentina (AP) — Argentina’s firebrand populist presidential candidate Javier Milei, the front-runner to win the election later this month, is coming under fire from his rivals who blame him for a sharp depreciation of the local currency in the parallel market. ...
