Hecla Q2 2022 Financial Results Conference Call/Webcast and Virtual Investor Event
COEUR D’ALENE, Idaho–(BUSINESS THREAD)–Hecla Mining Company (NYSE: HL) announced today that it will issue a press release reporting its second quarter 2022 financial results before the market opens on Thursday, August 4, 2022. TECHNICAL CONFERENCE AND WEBcast A conference call and webcast to discuss the second quarter 2022 financial results will be held on Thursday, August 4th at 10:00 a.m. ET. You can join the conference call by dialing toll free 1-888-330-2391 or for internationals dial 240-789-2702. The conference ID is 4812168. Please dial and provide the conference ID number at least 10 minutes prior to the start time to…
Read More »The Fed unveils a rate hike of 75 basis points, weakening economic data
The Fed raises the policy rate to a range of 2.25% to 2.50% in the US. Central bank weakens economic data Fed Powell to speak at 2:30 pm EDT (1830 GMT) WASHINGTON, July 27 (Reuters) – The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday in an effort to cool the most intense burst of inflation since the 1980s, with “continuous increases” in borrowing costs. still ahead despite evidence of an economic slowdown. “Inflation remains elevated, reflecting pandemic-related supply-demand imbalances, higher food and energy prices, and broader price pressures,” the Federal Market…
Read More »DeSantis plans to fight the “woke ideology” of Paypal and other financial services
Gov. Ron DeSantis plans to make money transfer services like PayPal, as well as credit cards and banks, the next targets of his campaign against “woke ideology,” announcing a set of measures Wednesday ahead of the next legislative session . The proposals, which DeSantis said would include a mix of legislative and executive initiatives, would prohibit credit card companies and money transfer services from “discriminating” against users based on political or religious ideology. Banks, credit cards and money transfer services “shouldn’t be colluding with each other to marginalize people with whom they have political disagreements,” DeSantis said, addressing an audience…
Read More »Lincoln Financial Field will host WrestleMania 40
Philadelphia Mayor Jim Kenney, the Philadelphia Eagles, the Philadelphia Convention and Visitors Bureau, PHL Sports and WWE are proud to announce that Philadelphia’s Lincoln Financial Field will host the pop culture extravaganza of the WWE, WrestleMania 40, on Saturday, April 6 and Sunday. April 7, 2024. “The Philadelphia Eagles are thrilled to partner with WWE as WrestleMania makes its long-awaited return to Philadelphia in 2024,” said Eagles President and PHL Sports President Don Smolenski. “We are thrilled to help showcase the industry’s most iconic event to a global audience and look forward to providing WWE fans in attendance with a…
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European gas prices rise after Russia deepens supply cuts
European gas prices have jumped 30 percent in two days after Russia stepped up supply cuts to the continent in Moscow’s latest attempt to shore up energy supplies. Futures contracts for delivery next month linked to TTF, Europe’s benchmark wholesale gas price, rose 20 percent on Tuesday to breach 210 euros per megawatt hour, the highest level since early of March, a day after Russia warned of lighter flows in the largest gas pipeline supplying the region. Prices are more than 10 times higher than the average between 2010 and 2020. State-backed Russian energy group Gazprom said on Monday that…
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Go to knowledge: Homebuyers leaving these big cities and top financial news for July 26
seb_ra / iStock.com July is flying by, but don’t let the biggest financial stories of the day do the same. The big plus: the top 10 cities in the United States that are leaving The housing market has slowed due to rising mortgages, interest rates and sky-high inflation. Now, new home buyers are also choosing to relocate as housing costs are becoming too prohibitive in certain cities. See the full list here SNAP Spotlight: Instacart Americans who receive SNAP benefits now have many more options for grocery shopping online through Instacart. The platform said SNAP EBT card payments can now…
Read More »JOHN STARR JOINS TIMBERS COMPANY AS FINANCIAL DIRECTOR
“We couldn’t be more excited to receive John Starr to the Timbers Company team,” he said Greg Spencer, CEO of Timbers Company. “John brings deep experience gained from years of leadership in the REIT industry and will play an important role in the future growth of Timbers as a company.” As CFO, John will oversee and manage business development and financial operations across the Timbers portfolio, including efforts to raise external capital for future projects, management of Timbers’ investments, investor relations and management of the company’s accounting, procurement, asset management and information technology departments. John previously served as Chief Operating…
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Tightening global policy to test financial vulnerabilities
The latest Fitch Ratings Macroprudential Indicators (MPI) scores suggest that the number of countries vulnerable to banking sector stress remains low by historical standards. However, global monetary tightening will be a test of any macroprudential vulnerabilities that have built up over the long period of very low interest rates. Fitch’s IPM ratings are intended to identify potential stresses in banking systems and the wider economy due to rapid real credit growth accompanied by bubbles in real estate or equity markets, or an exchange rate actual cash appreciated. The shift to tight monetary conditions does not appear to follow a sustained…
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