IOU FINANCIAL PRESENTS THE TERM LOAN OF $1.5 MILLION COMPANIES
The company delivers on its commitment to product innovation with the largest, longest-term loan product to date. ATLANTA, August 1, 2022 /PRNewswire/ – IOU FINANCIAL INC. (“IOU” or “the Company”) (TSXV: IOU), a leading online lender for small businesses (IOUFinancial.com), today announced the introduction of its new Premier PLUS term loan product for small businesses, with terms of 36 months and loan amounts ranging from US$500,000 a 1.5 million US dollars. “The needs of small businesses are growing and IOU is excited to introduce our largest, longest-term loan to date,” he said. Robert Gloer, President and CEO. “Be able to…
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Investors worry India has passed ‘outsourcing peak’
Investors are worried that the behemoth of the Indian IT outsourcing industry is slowing down. Shares of Tata Consultancy Services (TCS), the back-office group that is the country’s second-largest company by market capitalization, have fallen 14% since the start of the year, compared with 6% in the benchmark Nifty 50 Rival Infosys had fallen 20 percent year-to-date before reporting strong results in July. But N Ganapathy Subramaniam, chief operating officer of TCS, brushed aside any concerns in an interview with the Financial Times. “The world needs technological talent and today it is in short supply. And India has the largest…
Read More »WM Technology, Inc. announces the second quarter 2022 financial results conference call
IRVINE, Calif.–(BUSINESS THREAD)–WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), the leading provider of technology and market solutions to the cannabis industry, today announced that it will report financial results for its second quarter ended June 30 2022 after the market closes on Tuesday, August 9, 2022. Management will host a conference call and webcast to discuss the company’s financial results at 2:00 PM Pacific Time (or 5:00 PM Eastern Time) on the same day. Participants can register for the call here. A live webcast of the call will also be available on WM Technology’s investor relations website…
Read More »Democrat Sinema’s views on the economic bill remain shrouded
WASHINGTON (AP) — Democratic Sen. Kyrsten Sinema’s views remained a mystery Monday as party leaders eyed votes later this week on their emerging economic legislation and both parties pointed to dueling studies which they used to praise or belittle the impact of the measure. With Democrats needing all 50 of their votes for the energy and health measure to pass the Senate, a Sinema spokesman suggested the Arizona lawmaker would take her time revealing her decision. Hannah Hurley said Sinema was reviewing the bill and “will have to see what comes out of the parliamentary process.” The House Rules arbitrator…
Read More »DVIDS – News – Finance Symposium 2022
Fort Shafter, Hawaii – Unit finance officers in the Indo-Pacific area of operations that include the 25th Infantry Division, the 8th Theater Sustainment Command, and the 94th Air and Missile Defense Command the Army met at the United States Pacific Command (USARPAC) for funding. Symposium at Fort Shafter, Hawaii, July 25-27, 2022. The Finance Symposium is an annual event that helps facilitate understanding of the U.S. military’s financial status and the operational advantage of knowing how to use correctly each of the financial capacities supplied. in each unit throughout the year. The Financial Symposium is held at different locations in…
Read More »Heliogen, Inc. schedule the release of financial results for the second quarter of 2022 and a conference call
PASADENA, California–(BUSINESS THREAD)–Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that it will release financial and operating results for the second quarter of 2022 after the market closes on Wednesday, August 10 2022. This release will be followed by an investor conference call at 10:00 AM EDT on Thursday, August 11. Bill Gross, founder and CEO of Heliogen, and Christie Obiaya, named CFO. The conference call can be accessed via a live, listen-only webcast on the investor section of Heliogen’s website at investors.heliogen.com. The live call can also be accessed by telephone by…
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Why is Builders FirstSource stock up today? (NYSE:BLDR)
pixelprof/E+ via Getty Images Builders FirstSource (NYSE: BLDR) shares broke 7.9% Monday, after the building products company raised its full-year adjusted EBITDA margin and free cash flow outlook following stronger-than-expected second-quarter results. the company voice Adjusted EBITDA 2022 margin growing from 120 to 160 basis points, compared to the 90 to 110 bp of the previous target. This year’s free cash flow is expected to be $2.5 million to $3.0 million versus $2.0 million to $2.4 million in the previous view. Referring to its strong adjusted EBITDA growth in the second quarter, CEO and President Dave Flitman attributed this performance…
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Wall Street stocks fall after best month since 2020
US stocks began August with a volatile trading period, falling after ending their best month since 2020 last week. The broad S&P 500 traded between gains and losses on Monday, closing up 0.3% on the day, while the tech-heavy Nasdaq Composite shed 0.2%. Trading volumes in stock markets tend to be lower during the summer holiday period, which can exacerbate swings. Monday’s declines followed a more than 9% gain for the S&P 500 in July and a 12.3% gain in the Nasdaq that marked the tech benchmark’s strongest month since April 2020. A series of closely watched indicators of the…
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