PROVIDENCE, R.I., Oct. 31, 2024 /PRNewswire/ — Capital Properties, Inc. (OTCQX: CPTP) announced that during its regular quarterly meeting held on October 30, 2024, the Board of Directors approved the declaration of a regular quarterly dividend of $0.07 (seven cents) per share on the Company’s outstanding Class A Common Shares (6,599,912). This dividend will be … Read more
Medallion Financial Corp. reported its third-quarter results for 2024, showcasing several highlights. Net income for the quarter was $8.6 million, or $0.37 per share, a decrease from the previous year’s quarter. Despite this, net interest income saw an 8% growth to $52.7 million, with loan originations reaching $275.6 million. The total loans grew by 13% … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP reported its lowest quarterly profit since the onset of the Covid-19 pandemic, with reduced oil prices and weak refining margins impacting its performance. The FTSE 100 energy giant generated underlying profits of $2.27bn in … Read more
The California Department of Education has announced the recipients of $470 million in grants for the Golden State Pathways Program for the third time on Friday. The program is aimed at high schools creating career pathways in fields such as STEM, education, and health care, but it has faced challenges in its rollout. The initial … Read more
APIA (Reuters) – Commonwealth members have chosen Shirley Ayorkor Botchwey as the new secretary-general of the 56-nation organization led by Britain’s King Charles, the Commonwealth announced on the final day of a summit in Samoa attended by Charles and Queen Camilla. Representatives from the member countries, most of which have historical ties to the British … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. UK chancellor Rachel Reeves has announced plans to raise rents for social housing by more than inflation over the next five or 10 years while also providing an immediate £500mn cash injection for housing associations … Read more
Samsung Biologics reported consolidated revenue of KRW 1.2 trillion and operating profit of KRW 338.6 billion for the third quarter of fiscal year 2024. The company emphasized its commitment to providing high-quality solutions and expanding its global partnerships to enhance value for clients. In Q3’24, Samsung Biologics achieved a 15% increase in revenue compared to … Read more
Starbucks cups are shown on a counter in Manhattan, New York, on February 16, 2022. Carlo Allegri | Reuters Starbucks reported preliminary quarterly results on Tuesday, revealing a decline in sales as the coffee chain works to implement a turnaround strategy. “Our performance in the fourth quarter indicates the need for a fundamental change in … Read more
(Bloomberg) — Russia said it exchanged 95 Ukrainian soldiers for an equal number of its force in the first major prisoner of war return in more than a moth. Most Reed from Bloomberg Ukrainian officials didn’t immediately confirm the deal has taken place. The exchange was mediated by the United Arab Emirates, Russia’s Defense Ministry … Read more
Customers are shopping at the new Costco store in Nanjing, Jiangsu Province, China on May 28, 2024. The National Bureau of Statistics reported better-than-expected retail sales and industrial production for September in China. Retail sales grew by 3.2% from a year ago, surpassing analysts’ expectations of 2.5% growth. This growth rate was higher than the … Read more