Axway Software: Publication of the 2022 Interim Financial Report
PARIS–(BUSINESS THREAD)–Regulatory news: Axway Software (Paris:AXW) announces today that it has made available to the public and submitted to the Autorité des Marchés Financiers (AMF) the Interim Financial Report for June 30, 2022. The 2022 Interim Financial Report is made available to the public under the conditions established by current regulations and can be consulted online: click here A French version is also available on the Investor Relations website: click here Exemption from liability This document is an English translation of an original French press release. It is not a binding document. In the event of a conflict of interpretation,…
Read More »JPMorgan Chase to present at the Barclays Global Financial Services Conference
NEW YORK–(BUSINESS THREAD)–Daniel Pinto, president and chief operating officer of JPMorgan Chase & Co., will present at the Barclays Global Financial Services Conference on Tuesday, September 13, 2022 at 10:30 a.m. (Eastern). The conference will be held at the New York Hilton Midtown in New York City. A live audio webcast will be available on the day of the conference www.jpmorganchase.com under Investor Relations, Events and Presentations. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services company headquartered in the United States of America (“US”), with operations worldwide. JPMorgan Chase had $3.8 trillion in assets and $286.1 billion…
Read More »5 things to know before the stock market opens on Friday
Here are the most important news investors need to start their trading day: 1. Stock futures fall after the jobs report People walk past the New York Stock Exchange (NYSE) on Wall Street on July 12, 2022 in New York City. Angela Weiss | AFP | Getty Images Stock futures fell on Friday morning after a much stronger-than-expected July non-farm payrolls report signaled to investors that the Federal Reserve is likely to remain in rate-hike mode . Futures movement was relatively quiet ahead of the release of labor market data. On Thursday, Wall Street posted a mixed session. The Dow…
Read More »The jobs report does not support the bullish stock market narrative
Jobs in July were 528,000, well above the 258,000 expected. Wage growth rose 0.5% month-on-month, 5.2% year-on-year, also above expectations. The bulls wanted slower job growth to keep pressure on the Fed to hold back on rate hikes. Touches also wanted lower wage growth to show inflation was peaking. It’s not happening either. Good News: Strong Labor Market Argues Against Recession! Bad news: Strong jobs numbers and hot wage numbers refute the “peak inflation” narrative. The Fed remains hawkish. Most of this week has been spent looking at whether the S&P 500 can break into a new trading range, between…
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Dallas-area office projects to house more than 10,000 financial sector workers
The Dallas-Fort Worth area leads the nation in office construction starts this year. And three of the largest office projects in the works in the area have something in common: They will house financial firms. Wells Fargo, Goldman Sachs and the Teachers Insurance and Annuity Association will build more than 2.1 million square feet of new offices near downtown Dallas in Las Colinas and Frisco. These new offices will accommodate more than 10,000 workers. This week Irving confirmed that Wells Fargo will occupy a $200 million, 800,000-square-foot office campus to be built on the shores of Lake Carolyn in Las…
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FC Barcelona opens the spending spigots to try to revive their fortunes
Joan Laporta is not one to mince his words. The FC Barcelona president claimed in June that the club had been “clinically dead” when he took over in March last year, but had now been moved to intensive care following an emergency financial intervention . His goal was to convince those in front of him—an audience of club owners—to approve measures to repair his battered balance sheet and allow him to “lead a normal life” again. Barcelona had just recorded a loss of nearly 500 million euros after the 2020/21 season, a record for any football club. With the blessing…
Read More »Latest news about Russia and the war in Ukraine
Turkey’s Erdogan meets Putin for talks in Sochi President Vladimir Putin and his Turkish counterpart, Tayyip Erdogan, have started talks in the Russian city of Sochi, on the Black Sea. The pair are set to discuss Syria, Ukraine and Russia’s construction of a nuclear power plant in southern Turkey. The Russian president thanked Erdogan for Turkey’s role in helping organize the resumption of grain shipments from Ukraine. Turkish President Tayyip Erdogan meets with his Russian counterpart Vladimir Putin in Sochi, Russia, on August 5, 2022. Turkish Presidential Press Office | Reuters “Deliveries have already started, I want to thank you…
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Olympus Insurance appoints Mindy Barker as Chief Financial Officer
Gemini Financial Holdings Corporation (GFHC), the parent company of Olympus Insurance Company, has named Mindy Barker as Chief Financial Officer. Barker brings more than 30 years of experience to this role. He brings a wide variety of public and private company experience in a variety of finance and business roles within the insurance industry. In addition, Barker has also held several senior roles as CFO and Vice President, including her most recent role as Interim CFO for Homeowners of America. Prior to joining Olympus, Barker was vice president and chief financial officer of OptaComp, an affiliate of Blue Cross &…
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