Ericsson off target as Q1 sales and earnings come in below forecasts. CEO Hans Vestberg tells Reuters that recent contract wins should help the Swedish telco return to form later this year. David Pollard reports.
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.
Expected to Approach US$9.39 Bn in 2031 with a CAGR of 6.38% in the Forthcoming Years, the Global Waterborne Acrylic Resin Market has been Growing Steadily Driven by Increasing Demand from Various End-Use Industries and Rising Awareness Regarding Environmental ConcernsLondon, April 19, 2024 (GLOBE NEWSWIRE) -- Global waterborne acrylic resins market is estimated to be valued at US$6.09 Bn in 2024. The projections further indicate a notable increase to US$9.39 Bn in 2031. This estimated expansion
The Global Home Heating Equipment Market is Booming, with Eco-Friendly Options and Smart Tech Majorly Driving the Growth.London, April 19, 2024 (GLOBE NEWSWIRE) -- Predominantly fueled by sustainability concerns and technological advancements, the global home heating equipment market is experiencing a surge in growth, with a projected valuation of US$7.02 Bn by 2030. This translates to a steady yet promising CAGR of 5.6% from 2023 to 2030, according to a recent market research report by Fairfiel
Julia Lous-Dreyfus was mortified to be mistaken for her 'Seinfeld' character when she was "naked" and in labour. The 63-year-old actress - who has sons Henry, 31, and Charlie, 26, with husband Brad Hall - admitted although it is usually "lovely" that fans feel a connection to her after seeing her on screen for so long, it has led to some "awful" moments when people have confused her with her TV alter egos at inappropriate times. On her 'Wiser Than Me' podcast, Julia and her guest Ina Garten talk
Larsa Pippen is reportedly "figuring things out" with her on/off boyfriend Marcus Jordan. The 'Real Housewives of Miami' star was said to have called time on their relationship last month - shortly after they reconciled following a brief separation - but the latest split doesn't seem to have lasted long as they were pictured hitting the beach together in Miami, Florida on Wednesday (17.04.24) and it's believed they are giving their love another chance. A source told Etonline.com: "Love is strong
Kirsten Dunst sees signs from her late grandmother in the form of hummingbirds. The 41-year-old actress has revealed one of the birds landed on her car on the day her beloved relative passed away and she has since seen them at key moments in her life explaining her latest encounter with a hummingbird came on April 2 on the day her new movie 'Civil War' premiered in Los Angeles. Kirsten told PEOPLE: "A hummingbird stopped on my car the day my grandmother passed away. Yesterday I noticed this humm
Tom Selleck has never sent a text or an email. The 79-year-old actor has "occasionally" looked himself up online while researching his memoir, 'You Never Know', but he largely stays away from the digital world and gets either his secretary or his wife Jillie to answer his messages. He told People magazine: “Occasionally I've looked up my name. That started really with the book, but I've never sent my own email. I had a secretary. I've never texted anybody.” The 'Three Men and a Baby' actor admit
WALL, N.J., April 19, 2024--Expanding on its sustainability leadership, New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), announced it is switching to a new, lower emissions fuel for medium-duty trucks and associated equipment to help further reduce greenhouse gas (GHG) emissions. It is now the first natural gas utility on the East Coast to incorporate Neste MY Renewable Diesel™ to fuel a portion of its fleet operations.
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 […]
The 1975 singer notably dated Taylor Swift for a few months in the spring of 2023
LEXINGTON, Mass., April 19, 2024--VulnCheck, the exploit intelligence company, today announced the final close of its seed funding round at a total of $7.95 million, with $4.75 million in new funding. The latest investment includes participation from Sorenson Capital. The news comes shortly after VulnCheck was named a finalist for the RSA Conference 2024 Innovation Sandbox contest.
Heating Pads, Wraps, and Blankets Heat up the Market. North America, and Europe Lead the Charge While Asia Pacific Offers Promising Opportunities for Future Growth.London, April 19, 2024 (GLOBE NEWSWIRE) -- Global heating bags market is experiencing a robust expansion, with market projections indicating a rise from US$230 Mn estimated in 2024 to US$310 Mn by 2031. As consumers prioritise self-care and natural pain relief methods, heating bags have become increasingly popular. They offer a conven
Israel’s military has not confirmed strike and Iranian officials maintain ‘no damage’ in Isfahan
Eating within a shorter time window is found to have no other benefits beyond normal calorie reduction
MIAMI & DALLAS, April 19, 2024--Southern Glazer's today announced that it has promoted Anthony Capparelli to the role of Executive Vice President, General Manager, Nevada.
SEATTLE, April 19, 2024 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), the leader in medical insurance for cats and dogs, announced today it will report financial results for its 2024 first quarter after the market closes on Thursday, May 2, 2024. The company will host a conference call that day beginning shortly after 1:30 p.m. PT / 4:30 p.m. ET. A live webcast, to include a slide presentation, will be available on Trupanion's Investor Relations site under Investor Events at http://investo
A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDA, Fla., April 19, 2024 (GLOBE NEWSWIRE) -- The Caribbean all-inclusive Sandals Resorts and Beaches Resorts have launched a new package called "Love and Let Fly" that offers an immersive experience for movie buffs and adventurers alike. The growing trend of movie-inspired tourism influences the package and allows travelers to discover the breathtaking landscapes of the Caribbean while reliving some of the
NEW YORK, April 19, 2024--US consumers are less sustainably minded than they were just a year ago, according to a new Global Voices survey from ESW, the world’s leading direct-to-consumer (DTC) ecommerce company. Scoring just 49 this year versus 51 in 2023, the US also lags the global mean, which is 55. The report also reveals that some emerging markets are more concerned about sustainability than their counterparts in more economically mature markets. For example, India (75), the United Arab Em
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