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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.
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....
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...
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
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S&P 500, Nasdaq Composite Touch Another Record High in Midday Trading
S&P 500, Nasdaq Composite Touch Another Record High in Midday Trading
Jun 6, 2024
12:14 PM EDT, 06/06/2024 (MT Newswires) -- US benchmark stock indexes traded mixed after the S&P 500 and Nasdaq Composite hit another record high, and government bond yields traded steady as investors weighed a surprise increase in jobless claims. The Nasdaq Composite slipped less than 0.1% to 17,165.4 after reaching a record 17,235.73 level intraday for the first time. The...
Wall Street stabilizes ahead of all-important US payrolls data
Wall Street stabilizes ahead of all-important US payrolls data
Jun 6, 2024
US stock indices stabilized on Thursday with NASDAQ and SP 500 remaining near recent record highs. Earlier data showed US unemployment claims rose by 8 thousand to 229 thousand in the week ending June 1, while analysts expected a drop to 219 thousand. Now investors await the US payrolls report tomorrow, crucial for gauging the state of the economy and...
US STOCKS-Wall Street mixed as tech stocks retreat; labor data lifts rate cut hopes
US STOCKS-Wall Street mixed as tech stocks retreat; labor data lifts rate cut hopes
Jun 6, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Weekly jobless claims rise more than expected * Nvidia ( NVDA ) falls after crossing $3 trillion market cap on Wednesday * Nio falls after logging Q1 net loss * Lululemon up on topping quarterly estimates on China demand...
EMERGING MARKETS-Latam stocks rise as global mood improves, Brazil's real firms
EMERGING MARKETS-Latam stocks rise as global mood improves, Brazil's real firms
Jun 6, 2024
* Latam equities index up 1.2% * Real firms after six-day run of losses By Sruthi Shankar June 6 (Reuters) - Latin American stocks rose on Thursday, echoing an upbeat mood on Wall Street as signs of a softening U.S. labor market supported expectations of interest rate cuts from the Federal Reserve this year. The MSCI index of Latam stocks...
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Baylin Technologies' Advantech Wireless Unit Wins $8.2-Million Contract From a U.S. Defense Contractor
Baylin Technologies' Advantech Wireless Unit Wins $8.2-Million Contract From a U.S. Defense Contractor
May 29, 2024
05:22 PM EDT, 05/29/2024 (MT Newswires) -- Baylin Technologies ( BYLTF ) said Wednesday its Advantech Wireless Technologies unit received an $8.2 million order for its ultra-high-power Summit II Solid State Power Amplifier systems. This order was placed by a major U.S. defense contractor for use in a NATO government specific application. This order represents that latest phase of a...
Deckers Outdoor Insider Sold Shares Worth $2,154,000, According to a Recent SEC Filing
Deckers Outdoor Insider Sold Shares Worth $2,154,000, According to a Recent SEC Filing
May 29, 2024
05:27 PM EDT, 05/29/2024 (MT Newswires) -- Michael F Devine III, Director, on May 29, 2024, sold 2,000 shares in Deckers Outdoor ( DECK ) for $2,154,000. Following the Form 4 filing with the SEC, Devine has control over a total of 6,204 shares of the company, with 6,204 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/910521/000159396824000760/xslF345X03/primary_01.xml Price: 982.61, Change: +77.96, Percent...
American Vanguard Chief Operating Officer Bob Trogele to Retire End of May
American Vanguard Chief Operating Officer Bob Trogele to Retire End of May
May 29, 2024
05:26 PM EDT, 05/29/2024 (MT Newswires) -- American Vanguard ( AVD ) said, late on Wednesday, that its Chief Operating Officer Bob Trogele will retire on May 31. ...
HarborOne Bancorp Launches Share Repurchase Program
HarborOne Bancorp Launches Share Repurchase Program
May 29, 2024
05:27 PM EDT, 05/29/2024 (MT Newswires) -- HarborOne Bancorp ( HONE ) said late Wednesday its board adopted a program allowing the company to repurchase up to roughly 2.2 million common shares, or 5% of its current issued and outstanding shares, for a price not to exceed $20 million. The program is set to expire May 28, 2025, the company...
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