Newtek Business Services Corp. (NEWT) today announced that it has received conditional approval from Office of the Comptroller of the Currency to complete its acquisition of the National Bank of New York City.
StoneCo Ltd. (STNE) announced today that the Brazilian Central Bank has approved the technical requirement of change of control submitted by the Company amid a corporate restructuring involving its Founders, as announced by the Company on June 1, 2022.
Blink Charging Co. (BLNK), a leading designer, manufacturer and owner-operator of electric vehicle charging equipment and services, today announced Blink Charging Chairman and Chief Executive Officer, Michael D. Farkas, will be participating at the World Economic Forum?s inaugural?Advanced Energy Solutions meeting?in Geneva, providing business perspectives and sharing input on the acceleration of depl...
The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for October was $11.3 billion, up 6 percent year-over-year from new business volume in October 2021.
Newtek Business Services Corp. (NEWT) today announced that it has received approval from the Federal Reserve to become a bank holding company and a financial holding company by acquiring the National Bank of New York City.
Key Highlights Existing-home sales retreated for the ninth straight month in October, according to the National Association of Realtors?. All four major U.S. regions registered month-over-month and year-over-year declines.
Chief Outsiders,?the nation?s largest and fastest growing firm offering fractional Chief Marketing Officer services with Fortune 500 experience, today hosted a live discussion with?ITR Economics?to assess business demand in 2023.?Leading economic indicators were analyzed to ascertain what CEOs must do to ensure growth and success in the coming year.
Launched nine years ago, Neuroscience20 educates global leaders and Group of Twenty leaders about the cost of neurological, spine, and mental disorders. ?We studied the cost of neuro-psychiatric and spine disorders to the world economy, and it took us almost a year to compile the data.
Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet?Fortinet (FTNT) has always had a belief that cybersecurity is a force for good and that making the internet a safe place for everyone is important.
Numerator, a data and technology company serving the market research space, has released its first Numerator Inflation Report, an advance projection of the U.S. Bureau of Labor Statistics? monthly Consumer Price Index.
Euronet Worldwide, Inc. (EEFT), a leading global financial technology solutions and payments provider, announced today a partnership with the Africa Electronic Trade Group to build a multi-channel, real-time cross-border payments gateway for the African continent.
Brownie?s Marine Group, Inc., a leading developer, manufacturer and distributor of tankless dive equipment, high-pressure air and industrial compressors and dive retailer in the marine industry, today announced results for the third fiscal quarter ending September 30st, 2022.
The third quarter of 2022 saw more consumers turning to unsecured personal loans and credit cards as a means to help stave off the financial pressures brought on by inflation. ?Consumers are being pressured on multiple fronts, first by this environment of high inflation, and secondarily by the higher interest rates that the Federal Reserve is implementing to tamp it down.
According to Waste Sense, provider of independent and cost-effective waste management services Melbourne-wide, embracing a circular economy in Australia involves transitioning the way materials are dealt with to effectively eliminate waste.
First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), has scheduled its Centennial Celebration for September 3, 2023. ?Our bank was founded in Port Angeles in 1923,? said Matt Deines, CEO of First Fed. "Our goal is to celebrate this major milestone with our team members, customers, and community,? said Derek Brown, Chief HR and Marketing Officer.
The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for September was $10.2 billion, up 11 percent year-over-year from new business volume in September 2021.
NP Digital, a leader in performance marketing, continues its rapid global growth earning it more noteworthy industry recognition. The agency also ranks #6 fastest growing minority-owned agency and 15 out of 75 overall.
Euronet Worldwide, Inc. (EEFT), a leading global electronic payments provider and distributor, today announced the Company has amended its unsecured revolving credit facility to increase the facility from $1.030 billion to $1.250 billion. The amended credit facility transitions the benchmark interest rate from LIBOR to the recommended replacement benchmark for each applicable currency.
According to national nonprofit Money Management International, recent and upcoming Federal Reserve interest rate hikes could add as much as $4,500 in interest charges to consumers making minimum payments on their credit cards. The Federal Reserve is seeking to contain inflation by hiking interest rates, with two more rate hikes anticipated by the end of the year.
Key Highlights Existing-home sales descended in September, the eighth month in a row of declines, according to the National Association of Realtors?. Three out of the four major U.S. regions notched month-over-month sales contractions, while the West held steady.
First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced that Ana Liza Grandner has joined the leadership team as Senior Vice President and Chief Payments Officer. "Ana Liza is a recognized leader in fintech banking, with deep experience in the digital payments ecosystem,? said Matt Deines, President and CEO of First Fed Bank.
Micron Technology, Inc. (MU), an industry leader in innovative memory and storage solutions, today announced that the World Economic Forum has named its facility in Singapore as a Sustainability Lighthouse ? the first front-end semiconductor fab in the world to have received this recognition.
"The old ways of doing finance are simply not working for most of humanity," surmises author Barbara Guth in her new book The Evolution of Finance: A New Vision for Entrepreneurial Innovation. There is no place this is more obvious than in the inventor/investor dynamic.
Saint Lucia is one of the fastest-growing economies in the Caribbean region. The Economic Commission for Latin America and the Caribbean projects Saint Lucia?s economy will grow by 8% this fiscal year, the highest GDP growth among Eastern Caribbean Currency Union [ECCU] Member States in 2022.
The company will use its filter function and blockchain-based payment options to enhance the average user experience in the manufacturing?industry.?indu4.0?will take on the challenges of the global economy and help the industrial sector enter the digital era.
The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for August was $8.8 billion, up 4 percent year-over-year from new business volume in August 2021.
?via CryptoCurrencyWire ? The Government Blockchain Association today announced that Carole House, a former member of the White House National Security Council, and one of the architects of the President?s Executive Order on Ensuring Responsible Development of Digital?Assets will deliver a keynote address at Blockchain and Infrastructure: Building Blockchain for Government, taking place Septemb...
First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced it has reduced its workforce by approximately 5% through position elimination and attrition. The workforce reduction is the result of a comprehensive review of existing positions at the bank to assess whether certain roles and responsibilities were necessary or could be absorbed by other employees or automation.
The 3air project aims to resolve the perennial issues that created and continue to contribute to the economic underdevelopment of many regions globally, starting with African cities. The project arrives at a pivotal time in global history when the world depends on connectivity for many reasons, including global economic participation.
PennantPark Floating Rate Capital Ltd. (PFLT) announced that it increased the size of its multi-currency, senior secured credit facility from $300 million to $366 million and replaced the London interbank offer rate, or LIBOR, benchmark provisions with secured overnight financing rate, or SOFR, benchmark provisions.
Key Highlights Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of Realtors?. Month-over-month sales varied across the four major U.S. regions as two regions recorded increases, one was unchanged and the other posted a drop.
National Bank Holdings Corporation (NBHC) today announced it has now received all regulatory approvals from the Federal Reserve Board, the Wyoming Division of Banking, and the Colorado Division of Banking for the previously announced acquisition of Bancshares of Jackson Hole Incorporated, the holding company for Bank of Jackson Hole with operations in Wyoming and Idaho.
Patch, the climate-tech company that is making meaningful climate action a part of everyone?s business, announced today a $55M series B funding round, customer growth and overall company momentum. Scientific consensus from the UN IPCC shows that reaching global climate goals will require carbon removal to scale 1 million times current capacity by 2050.
EMTECH, a first-of-its-kind central banking infrastructure provider, announces it will take part in the recently announced Technical Sandbox Program by The Digital Dollar Project to explore the new possibilities of a U.S. CBDC ?Digital Dollar?.?. As one of the 4 announced technical vendors, EMTECH will bring its unique API-First and Energy Efficient CBDC Platform to test various use cases for c...
Kevin Hart, Founder & CEO of Green Check Verified, the leading fintech provider of compliant cannabis banking solutions and services, has been recognized as the top compliance leader for cannabis banking solutions at the PBC Conference in Washington, D.C. Last year, GCV was awarded the Top Compliance Company.
JERSEY, Channel Islands, Sept. 08, 2022 -- Quotient Limited (QTNT), a commercial-stage diagnostics company, headquartered in Eysins, Switzerland, today announced it was selected by the World Economic Forum to join their New Champions Community.
Canada's rental housing market is seeing steady demand as population growth continues in key regions and the national unemployment rate reaches a record low of 4.9%. With one of the highest growth rates among Canadian provinces ??7.6% between 2016 and 2021?? British Columbia is poised for further population expansion.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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