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Wed, Oct 16, 2024 01:29 PM All times are UTC

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Wintrust Financial Corporation Reports Record Third Quarter 2016 Net Income, an Increase of 38% Over Prior Year, and Year-to-Date 2016 Net Income of $152.3 million, an Increase of 26% Over Prior Year

Oct 17, 2016 20:30 pm UTC| Business

ROSEMONT, Ill., Oct. 17, 2016 -- Wintrust Financial Corporation (“Wintrust” or “the Company”) (Nasdaq:WTFC) announced net income of $53.1 million or $0.92 per diluted common share for the third quarter of 2016 compared...

Trans World Entertainment Corporation Announces the Purchase of etailz, Inc., Digital Marketplace Retail Expert

Oct 17, 2016 20:30 pm UTC| Business

Combination of Distinct Yet Complementary Businesses Creates Unique Total Retail Entity Positioned for Growth The Company Will Host a Conference Call on Tuesday, October 18 at 10:00 a.m. ET Highlights: etailz is an...

First Hawaiian Releases Results of 2016 Dodd-Frank Act Stress Test

Oct 17, 2016 20:30 pm UTC| Business

HONOLULU, Oct. 17, 2016 -- First Hawaiian Bank, a subsidiary of First Hawaiian, Inc. (Nasdaq:FHB), today released the results of its 2016 Dodd-Frank Act Stress Test (“DFAST”) in accordance with the Dodd-Frank Wall...

HD Supply Holdings, Inc. Announces Redemption of $1.275 Billion of Outstanding 7.50% Senior Notes

Oct 17, 2016 20:30 pm UTC| Business

ATLANTA, Oct. 17, 2016 -- HD Supply Holdings, Inc. (Nasdaq:HDS) today announced that its indirect wholly-owned subsidiary, HD Supply, Inc. (“HD Supply”), has redeemed all of its outstanding $1,275 million 7.50% Senior...

Immigration and Customs Enforcement Amends and Extends Contract at the South Texas Family Residential Center

Oct 17, 2016 20:30 pm UTC| Business

NASHVILLE, Tenn., Oct. 17, 2016 -- Corrections Corporation of America (NYSE:CXW) (the “Company” or “CCA”), America's largest owner of partnership correctional, detention, and reentry facilities, announced today that...

Independence Holding Company Announces Redemption of Its Trust Preferred Securities

Oct 17, 2016 20:30 pm UTC| Business

STAMFORD, Conn., Oct. 17, 2016 -- Independence Holding Company (NYSE:IHC) (the “Company” or “IHC”) today announced that it has redeemed the Junior Subordinated Debt Securities due in April 2033 and the Junior...

Kinsale Capital Group Announces Third Quarter Earnings Release Date and Conference Call

Oct 17, 2016 20:30 pm UTC| Business

RICHMOND, Va., Oct. 17, 2016 -- Kinsale Capital Group, Inc. (NASDAQ:KNSL) announced today that it will release financial results for the third quarter of 2016, after the market closes on Thursday, November 10, 2016. The...

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Economy

UK CPI Decline Fuels Rate Cut Speculation: Pound Sterling Under Pressure!

The UK Consumer Price Index (CPI) for September has decreased to 1.7% year-on-year, falling short of the expected 1.9%. Additionally, Core CPI declined to 3.2% year-on-year, down from the previous months 3.6% and below the...

Australian Dollar Debt Sales Slow as U.S. Election Looms

Record-Breaking Debt Sales in Australia Australian dollar debt sales are experiencing unprecedented growth, with A$267.6 billion (approximately $180.4 billion) raised as of October 8, the highest figure recorded since...

JPMorgan Chase Expands Footprint in Africa: New Ventures in Kenya and Ivory Coast

JPMorgan Chase, the largest lender in the U.S., is set to expand its operations in Africa with plans to enter Kenya and Ivory Coast this year. CEO Jamie Dimon shared these insights in a recent interview with Reuters. ...

Zeekr Launches First Electric Vehicle in Australia, Targeting Key Market Expansion

Zeekrs Australian Market Entry Chinese electric vehicle (EV) manufacturer Zeekr has officially commenced sales of its first model in Australia, aiming to expand its footprint in the Oceania market. This launch marks the...

Hong Kong's Policy Address: Key Reforms to Enhance Livelihoods and Economic Growth

In his annual policy address on Wednesday, Hong Kongs Chief Executive John Lee outlined crucial reforms aimed at addressing pressing issues and enhancing residents livelihoods. This marks Lees third policy address since...

Politics

Donald Trump’s $7.5M Crypto Surge: Bitcoin, XRP, Ethereum Donations Flood Campaign Coffers

Donald Trumps 2024 campaign surged with $7.5 million in cryptocurrency donations, thanks to Bitcoin, Ethereum, and XRP. The influx, reported in FEC filings, highlights a strategic shift as Trump garners growing support...

Dogecoin Spikes 8% After Musk’s $75M Trump Donation — Can DOGE Smash Through the $1 Barrier?

Dogecoin surged by 8% following Elon Musks massive $75 million donation to Donald Trumps presidential campaign, reviving hopes that the cryptocurrency could soon hit $1 amid increased market activity. Musks $75 Million...

Sheriff Joe Arpaio Drops Legal Bombshell: 'I Sued VP Harris & President Biden Over Their Vicious Attacks'

Former Maricopa County Sheriff Joe Arpaio has officially filed a lawsuit against Vice President Kamala Harris and President Joe Biden. Arpaio, a controversial figure known for his hardline stance on crime and illegal...

Joe Rogan Drops Bombshell: 'The Establishment is Terrified of Trump's Plan with Elon Musk!'

Joe Rogan claimed that the establishment is terrified of former President Donald Trump and billionaire Elon Musks potential plan to overhaul the governments efficiency. Rogans remarks quickly sparked debate, as he...

Tesla CEO Elon Musk Drops Bombshell Endorsement: ‘Donald Trump is the Clear Choice Over Kamala Harris!’

Tesla and SpaceX CEO Elon Musk publicly endorsed former President Donald Trump over Vice President Kamala Harris, citing concerns about leadership and executive competence. Musks tweet, which quickly gained traction on...

Science

China's Scientists Reportedly Crack Major Encryption Algorithms Using D-Wave Quantum Computer

In a groundbreaking development, Chinese researchers have reportedly used a D-Wave quantum computer to crack encryption algorithms once thought unbreakable. The breakthrough raises concerns over the future of digital...

Starlink Services to Remain Free in Hurricane-Affected Areas for the Rest of 2024

Elon Musk announced that Starlink services will remain free in regions affected by Hurricanes Helene and Milton for the remainder of 2024. This decision follows Starlinks critical role in providing communication support...

Global Space Powers Gather in Milan, Private Sector Joins the Race for Lunar Dominance

This week, the worlds space agencies convene in Milan, with private companies like SpaceX vying for a share in the new global space race. Discussions focus on lunar exploration, NASAs Artemis program, and Europes efforts...

SpaceX Achieves Historic First by Catching 232-Foot Super Heavy Booster in Flight

SpaceX made history on October 13 by becoming the first company to catch a 232-foot rocket mid-flight. During Starship Flight 5, the launch tower successfully captured the Super Heavy booster, showcasing the robustness of...

SpaceX Warns $4 Million Daily Loss If Starship Launches Are Halted Due to Lawsuit

SpaceX could lose $4 million per day if a lawsuit halts Starship launches in Texas. The lawsuit, filed by environmental group Save RGV, challenges SpaceXs water deluge system. The company argues that delays would impact...

Technology

15-Year-Old Bitcoin Whale Drops $630K on Kraken, Still Holds $75M in Crypto Fortune

An early Bitcoin miner, who had been inactive since 2009, moved $630,000 worth of BTC to Kraken. This latest dump follows over $5.47 million in transfers, but the whale continues to hold a massive $75.2 million in Bitcoin,...

Shiba Inu’s Shytoshi Kusama Stirs Fans With Turkey Visit Amid Mysterious New Partnership Move

Shytoshi Kusama, the mastermind behind Shiba Inu, has sparked excitement with a surprise visit to Turkey. His location change follows a significant partnership between Shiba Inu and Mass Finance, aimed at reshaping the...

Apple Cancels Self-Driving Car Permit Just Weeks Before Tesla's Robotaxi Debut

Apple has scrapped its self-driving car testing in California, abruptly canceling its permit just weeks before Teslas much-anticipated Robotaxi unveiling, signaling a seismic shift in the competition for autonomous...

Elon Musk’s xAI Installs 100,000 Nvidia H200 GPUs in 19 Days—Jensen Expected It to Take 4 Years

Elon Musks xAI team accomplished the rapid installation of 100,000 Nvidia H200 GPUs in only 19 days, a timeline that Nvidia CEO Jensen Huang says normally stretches to four years in data center projects. Musks xAI...

Tesla Semi Worldwide Rollout Confirmed by Musk as Global Demand Surges

Tesla Semis global release has been confirmed by Elon Musk, marking a pivotal moment for the electric vehicle giant. Despite skepticism surrounding its autonomous capabilities, recent tests prove the trucks impressive...