financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
World >
Market >
S&P 500 Falls Following June Inflation Data: Fear & Greed Index Moves To 'Neutral' Zone
S&P 500 Falls Following June Inflation Data: Fear & Greed Index Moves To 'Neutral' Zone
Jul 11, 2024
The CNN Money Fear and Greed index showed a decline in overall market sentiment, with the index moving to the “Neutral” zone on Thursday. U.S. stocks closed mostly lower on Thursday, with the S&P 500 retreating from a record level during the session. On the economic data front, the Consumer Price Index in the U.S. slowed more than expected in...
US STOCKS-Futures flat as big banks fall after earnings; inflation data awaited
US STOCKS-Futures flat as big banks fall after earnings; inflation data awaited
Jul 12, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * PPI due at 8:30 a.m. ET * JPMorgan ( JPM ) profit jumps; shares down in choppy trading * Wells Fargo ( WFC ) drops after profit falls on deposit costs * BNY up after Q2 profit rises on...
Russian rouble weakens slightly amid low trade volumes
Russian rouble weakens slightly amid low trade volumes
Jul 12, 2024
MOSCOW, July 12 (Reuters) - The Russian rouble weakened slightly against the dollar on Friday while trading volumes remained low. By 0730 GMT, the rouble was 0.3% lower at 87.25 against the dollar. Sanctions on Moscow Exchange MOEX.MM and its clearing agent, the National Clearing Centre (NCC), led to a range of varying prices and spreads as trading shifted to...
JPMorgan profit jumps on higher investment banking fees, accounting gain
JPMorgan profit jumps on higher investment banking fees, accounting gain
Jul 12, 2024
July 12 (Reuters) - JPMorgan Chase ( JPM ) reported a 25% rise in second-quarter profit on Friday, buoyed by rising investment banking fees and an accounting gain of about $8 billion from a share exchange deal with Visa. Wall Street banks have benefited from a resurgence in capital-raising activity in debt and equity markets. They are also seeing an...
Environment >
Technology >
Soybean price surpasses the target – Forecast today - 07-05-2024
Soybean price surpasses the target – Forecast today - 07-05-2024
May 6, 2024
Soybean Price Analysis Soybean price rallied upwards strongly to surpass our waited target at 1231.20$ and settles above it, to support the continuation of the correctional bullish wave and open the way to achieve additional gains that start at 1262.10$ and extend to 1292.90$. Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the...
5 Analysts Have This To Say About Asure Software
5 Analysts Have This To Say About Asure Software
May 6, 2024
In the latest quarter, 5 analysts provided ratings for Asure Software ( ASUR ) , showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2...
Beyond The Numbers: 20 Analysts Discuss Sprout Social Stock
Beyond The Numbers: 20 Analysts Discuss Sprout Social Stock
May 6, 2024
In the preceding three months, 20 analysts have released ratings for Sprout Social ( SPT ) , presenting a wide array of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7...
Amazon to spend $9 billion to expand cloud infra in Singapore, Bloomberg News reports
Amazon to spend $9 billion to expand cloud infra in Singapore, Bloomberg News reports
May 6, 2024
(Reuters) - Amazon.com Inc. ( AMZN ) plans to spend $9 billion in expanding its cloud computing infrastructure in Singapore, Bloomberg News reported on Monday. ...
Personal Finance >
Politics >
Retail >
Business >
Comfort Systems USA Insider Sold Shares Worth $1,076,630, According to a Recent SEC Filing
Comfort Systems USA Insider Sold Shares Worth $1,076,630, According to a Recent SEC Filing
Jun 7, 2024
10:22 AM EDT, 06/07/2024 (MT Newswires) -- Vance W Tang, Director, on June 05, 2024, sold 3,473 shares in Comfort Systems USA ( FIX ) for $1,076,630. Following the Form 4 filing with the SEC, Tang has control over a total of 8,198 shares of the company, with 8,198 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1035983/000141588924015884/xslF345X03/form4-06072024_020647.xml Price: 307.17, Change: +2.14, Percent Change:...
--Yext to Explore Sale, Reuters Reports
--Yext to Explore Sale, Reuters Reports
Jun 7, 2024
10:21 AM EDT, 06/07/2024 (MT Newswires) -- Price: 5.16, Change: +0.44, Percent Change: +9.32 ...
Explainer-Why are meme stocks rallying again?
Explainer-Why are meme stocks rallying again?
Jun 7, 2024
(Reuters) -GameStop and AMC Entertainment have again captured retail investors' attention, reminiscent of the meme stock frenzy that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally Roaring Kitty. Here is what you need to know about the recent surge in meme stocks: ROARING KITTY AND HIS SKETCH Keith Gill, popularly known...
Rua Gold Starts Trading on OTCQB Market in U.S.
Rua Gold Starts Trading on OTCQB Market in U.S.
Jun 7, 2024
10:20 AM EDT, 06/07/2024 (MT Newswires) -- Rua Gold ( NZAUF ) said Friday that its common shares have started trading on the OTCQB Venture Market under the symbol NZAUF. The company's common shares will continue to trade on the Canadian Securities Exchange under the symbol RUA and the Frankfurt Stock Exchange under the symbol A4010V. The company's shares rose...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved