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Global Indemnity Limited Reports Third Quarter 2017 Financial Results

Nov 08, 2017 21:37 pm UTC| Business

GEORGE TOWN, Cayman Islands, Nov. 08, 2017 -- Global Indemnity Limited (NASDAQ:GBLI) today reported net income for the nine months ended September 30, 2017 of $13.4 million or $0.76 per share, an increase of $1.9...

Prospect Capital Reports September 2017 Quarterly Results and Declares Additional Monthly Distributions

Nov 08, 2017 21:36 pm UTC| Business

NEW YORK, Nov. 08, 2017 -- Prospect Capital Corporation (NASDAQ:PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our first fiscal quarter ended September 30, 2017. All amounts in $000’s...

AmTrust Financial Services, Inc. Announces Quarterly Cash Dividends on Preferred Stock

Nov 08, 2017 21:35 pm UTC| Business

NEW YORK, Nov. 08, 2017 -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (“AmTrust”) announced today that its Board of Directors approved a cash dividend per share on the following series of non-cumulative preferred...

AmTrust Financial Services, Inc. Announces Quarterly Cash Dividend on Common Stock

Nov 08, 2017 21:35 pm UTC| Business

NEW YORK, Nov. 08, 2017 -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (“AmTrust”) announced today that its Board of Directors approved a quarterly cash dividend of $0.17 per share. The dividend will be payable...

Impac Mortgage Holdings, Inc. Announces Third Quarter 2017 Results

Nov 08, 2017 21:33 pm UTC| Business

IRVINE, Calif., Nov. 08, 2017 -- Impac Mortgage Holdings, Inc. (NYSE American:IMH) announces the financial results for the quarter ended September 30, 2017. For the third quarter of 2017, the Company reported GAAP...

School Specialty Announces Fiscal Year 2017 Third Quarter Financial Results

Nov 08, 2017 21:30 pm UTC| Business

GREENVILLE, Wis., Nov. 08, 2017 -- School Specialty, Inc. (OTCQB:SCOO) (“School Specialty”, “SSI” or “the Company”), a leading distributor of supplies, furniture and both curriculum and supplemental learning resources...

Willbros Reports Third Quarter 2017 Results

Nov 08, 2017 21:30 pm UTC| Business

Increased focus on growing Utility TD business with exit of US Mainline Pipeline business; no impact on Facilities, Pipeline Integrity or Lineal businessesTerm Loan amendment increases covenant flexibilityCompany to host...

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Economy

Biden Administration Pauses Enforcement of Nippon Steel’s Bid for U.S. Steel

The Biden administration has decided to delay enforcing an executive order requiring Nippon Steel to withdraw its $14.9 billion bid for U.S. Steel. In a statement on Saturday, U.S. Steel revealed that the parties now have...

Commodities Set for Recovery in 2025 Amid Improved Economic Outlook

Commodities are poised for a rebound in 2025 as macroeconomic challenges that hindered growth in 2024 become supportive tailwinds, according to Wells Fargo analysts. Elevated interest rates and economic uncertainties...

UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty

UBS forecasts a mixed financial market outlook for 2025 as investors navigate potential policy shifts under a second Trump administration. The primary uncertainty lies in whether policies will lean toward populist MAGA...

Moldova Criticizes Russia Amid Transdniestria Energy Crisis

Energy-saving measures in Moldovas separatist Transdniestria region have reduced rolling blackouts caused by halted Russian gas supplies. Blackouts, initially eight hours, were cut to three hours, with officials optimistic...

Geopolitical Shocks That Could Reshape Financial Markets in 2025

Analysts at BCA Research predict that global financial markets in 2025 may face unexpected geopolitical events with far-reaching consequences. These black swan scenarios, though unlikely, could significantly influence...

Politics

Scott Bessent Prepares for Treasury Secretary Role, Plans Divestments

President-elect Donald J. Trumps nominee for Treasury Secretary, Scott Bessent, is preparing to divest from numerous funds and investments to avoid potential conflicts of interest, according to The New York Times. In a...

Biden Awards Presidential Medal of Freedom to Pope Francis

President Joe Biden awarded Pope Francis the Presidential Medal of Freedom with Distinction, the highest U.S. civilian honor, in a phone call Saturday. This marked the first time Biden, 82, presented the medal with...

Trump Envoy Meets Netanyahu to Advance Gaza Ceasefire Efforts

U.S. President-elect Donald Trumps Middle East envoy, Steve Witkoff, met with Israeli Prime Minister Benjamin Netanyahu on Saturday, focusing on efforts to secure a ceasefire in Gaza, Netanyahus office reported. Following...

Venezuela Condemns Sanctions Amid Maduro's Controversial Third Term

Venezuela criticized new sanctions imposed by the U.S., Britain, and the European Union after President Nicolas Maduro began a third term despite a six-month election dispute. General Domingo Hernandez Larez, head of...

Jack Smith Resigns as Trump Prepares Return to White House

U.S. Special Counsel Jack Smith, who led federal cases against Donald Trump, has resigned following the Republican president-elects win. Smiths resignation, effective Jan. 10, was revealed in a court filing seeking to lift...

Science

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Energy Sector Outlook 2025: AI's Role and Market Dynamics

Raymond James analysts provided a cautious outlook for the energy sector in 2025, highlighting mixed market signals and emerging trends. Despite two years of underperformance, midstream stocks showed resilience in 2024,...

Autonomous Vehicles: The Next Technological Revolution

Autonomous vehicles (AVs) are poised to revolutionize transportation, much like the transition from horses to cars, according to Siddharth Mehta, Senior Director at AI computing firm Tenstorrent and former Waymo product...

Zuckerberg Meets Trump Amid Meta's Strategic Shift

Meta CEO Mark Zuckerberg reportedly met with U.S. President-elect Donald Trump at Mar-a-Lago on Friday, according to Semafor. Both Meta and Trumps transition team declined to comment on the meeting when approached by...

EU Approves Synopsys' $35B Acquisition of Ansys, Imposing Key Conditions

The European Commission has approved Synopsys (NASDAQ:SNPS) $35 billion cash-and-stock acquisition of Ansys (NASDAQ:ANSS), announced in January 2023, subject to specific conditions. Synopsys, a leader in chip design...

TSMC Begins 4nm Chip Production in Arizona, Bolstering U.S. Semiconductor Efforts

Taiwan Semiconductor Manufacturing Co. (TSMC) has started producing advanced 4-nanometer chips in Arizona, marking a milestone in the Biden administrations semiconductor strategy. U.S. Commerce Secretary Gina Raimondo...