Sharp Decline in Manufacturing Activity in New York Industrial Region in August, Surprising Analysts

Sharp Decline in Manufacturing Activity in New York Industrial Region in August, Surprising Analysts

Washington (awp/afp) – Manufacturing activity in the highly industrialized region of New York fell sharply in August compared to the previous month, taking analysts by surprise who had been anticipating a slight increase. The index measuring this activity fell 20 points compared to July, to stand at -19 points, according to the monthly Empire State … Read more

London Shares Set to Open Lower Amid Global Economic Concerns and Potential US Bank Downgrade

London Shares Set to Open Lower Amid Global Economic Concerns and Potential US Bank Downgrade

(Alliance News) – Shares in London are set to open lower on Wednesday amid heightened concerns about the Chinese economy, US interest rates and the potential downgrade of US bank ratings. IG says futures indicate the FTSE 100 is set to open down 13.1 points, or 0.2%, at 7,376.54 on Wednesday. The London large-cap index … Read more

Hedge Funds Bullish on NYC Office Real Estate Despite Work-From-Home Concerns: Basswood Capital, Adage Capital, and Tudor Investment Corp Take New Positions

Hedge Funds Bullish on NYC Office Real Estate Despite Work-From-Home Concerns: Basswood Capital, Adage Capital, and Tudor Investment Corp Take New Positions

Basswood Capital, Adage Capital Partners and Paul Tudor Jones’s Tudor Investment Corp are among hedge funds that took new positions in New York City office real estate investment firms in the past quarter, despite questions on how long work-from-home policies will weigh on the market, documents released on Monday showed. Basswood Capital purchased approximately 360,000 … Read more

Biden Administration Trade Advisory on South Sudan: Urging Due Diligence on Corruption and Human Rights Abuses

Biden Administration Trade Advisory on South Sudan: Urging Due Diligence on Corruption and Human Rights Abuses

The Biden administration issued a trade advisory on South Sudan on Monday, urging U.S. businesses and citizens in the region to exercise “due diligence” on corruption and human rights abuses, according to a State Department statement. “This advisory highlights the growing legal, financial and reputational risks for U.S. companies and Americans who do business or … Read more

LM Funding America: Cryptocurrency Mining and Technology Finance for Nonprofit Associations

LM Funding America: Cryptocurrency Mining and Technology Finance for Nonprofit Associations

LM Funding America, Inc. is a cryptocurrency mining and technology finance company. The company provides funding to nonprofit community associations primarily located in the state of Florida, as well as in the states of Washington, Colorado and Illinois. The Company offers incorporated non-profit community associations (associations) a range of financial products tailored to each association’s … Read more

Juventus Announces Agreement with Genoa for Temporary Transfer of Player Koni De Winter Until June 2024

Juventus Announces Agreement with Genoa for Temporary Transfer of Player Koni De Winter Until June 2024

(Alliance News) – Juventus Football Club Spa announced on Friday that it has reached an agreement with Genoa Cricket and Football Club Spa for the free temporary transfer, until June 30, 2024, of sports performance rights for player Koni De Winter. The agreement, we read in the club’s note, provides for the obligation for Genoa … Read more

Price Surge: The Soaring Costs of Rentals and Hotels During the Olympic Games in Paris

Price Surge: The Soaring Costs of Rentals and Hotels During the Olympic Games in Paris

DECRYPTION – On online platforms, the increase in the price of rentals and hotels over the period of the Olympic Games is reaching new heights. The State and the players in the sector are studying ways to deal with it. Will it therefore be necessary to spend a fortune to settle down in Paris on … Read more

Exploring the Intersection of Banking, Chips, Weight Loss, and Deflation

Exploring the Intersection of Banking, Chips, Weight Loss, and Deflation

Where we mix banking, chips, weight loss and deflation… Finally, there is activity in the markets as we approach mid-August, quite a lot of activity even. Today’s program is made up of a purple retrospective of the previous day’s session, a sector to be avoided (banking), two adored sectors (the fight against diabetes and semiconductors), … Read more

The Toronto Stock Exchange and New York Stock Exchange Follow Downward Trend

The Toronto Stock Exchange and New York Stock Exchange Follow Downward Trend

(Photo: 123RF) MARKET REVIEW. The Toronto Stock Exchange lost ground in the middle of the day on Tuesday, following in the footsteps of the main New York indices. The New York Stock Exchange was down sharply on Tuesday, concerned about weak trade data from China and a downgrade of several US banks. To (re)consult market … Read more

FreightCar America, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

FreightCar America, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

FreightCar America, Inc. released its results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue of $88.6 million, compared to $56.79 million it a year ago. The net loss amounted to 18.89 million USD, against a net profit of 14.54 million USD the previous year. … Read more