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BusinessOct 30Federal Realty Investment Trust 5% CUM PFD C declares $0.3125 dividendFederal Realty Investment Trust 5% CUM PFD C has announced a dividend of $0.3125. This is a routine financial declaration by the company.Seeking Alpha Tech
BusinessOct 30‘Don’t rule out further drawdowns’ in tech as current cycle hits 22 drawdowns in only two years – Turning Point Market ResearchTurning Point Market Research suggests that further drawdowns in the tech sector should not be ruled out, noting that the current cycle has experienced 22 drawdowns in two years. This indicates a volatile period for tech investments.Seeking Alpha Tech
BusinessOct 30Anthropic may get junk credit rating after its IPO, Blackstone says: reportA report indicates that Anthropic may receive a junk credit rating following its IPO, according to Blackstone. This suggests potential financial risk or investor concern for the company post-public offering.Seeking Alpha Tech
BusinessOct 30Oxford Square Capital declares $0.015 dividendOxford Square Capital has announced a dividend payment of $0.015, which is a routine financial action by the company. This provides information to investors about shareholder returns.Seeking Alpha Tech
BusinessOct 30Meta reaches agreement, leaving Snap as the sole defendant in social media lawsuit in the USMeta resolves social media lawsuit, avoiding trial with a young woman in Los Angeles; Snap will face the jury in November. Zuckerberg and Mosseri possibly will not testify after the agreement. Snap's Spiegel still cited, unless a new agreement is reached with plaintiffs.Clarín
BusinessOct 30Veralto projects $4.49-$4.52 adjusted EPS as Q4 total sales growth is expected at about 10%-11%Veralto projects its adjusted earnings per share to be between $4.49 and $4.52, with fourth-quarter total sales growth anticipated at approximately 10-11%. This provides financial guidance for investors and analysts.Seeking Alpha Tech
BusinessOct 30Hold the rate. The Fed can’t pump oil.The Federal Reserve opted to maintain interest rates between 3.75 percent and 4 percent during its recent meeting, a decision supported by analysis suggesting that recent inflation was primarily driven by energy costs rather than widespread economic pressure.The Hill
BusinessOct 30India made ‘remarkable progress’ in reducing poverty: World BankReport says the country saw one of the fastest reductions in poverty in the world; extreme poverty fell to 2.6% in 2023 from 27.1% in 2011, driven by government transfers and rising employmentThe Hindu
BusinessOct 30Max Luksic, the heir to one of Chile's largest fortunes who started from the bottom in China: "I started there washing dishes in the back of the kitchen"Before joining the family business, he sought work experience far from his known environment. An observation from his boss led him to travel to Asia to start from scratch in the hotel industry.Clarín
BusinessOct 30Park-Ohio declares $0.125 dividendPark-Ohio has declared a dividend of $0.125, which is a routine financial action by the company. This provides information to investors about shareholder returns.Seeking Alpha Tech
BusinessOct 30Halloween gets pricier as chocolate costs climb — Hershey may feel the pinchHigher cocoa and sugar prices are fueling above-average cost inflation for candyCNBC
BusinessOct 30"Forever cruise" that ran out of fuel money was "maybe too affordable" in hindsight, passenger saysInternal documents show how the company behind a three-year global cruise ran out of money, stranding customers in Cambodia. CBS News' Cristian Benavides reports.CBS News
BusinessOct 30St. Louis Fed's Musalem: Another rate hike needed 'soon'The comments from Federal Reserve Presidents Alberto Musalem and Lorie Logan offer the first morsels of insight into what leaders at the Fed see happening next.CNBC
BusinessOct 30EU and Canada Reach Agreement on Critical Minerals and LNGDas Abkommen zielt darauf ab, den Handel mit Ressourcen zu fördern, die für die Energiewende benötigt werden.Politico Europe
BusinessOct 30OPay raises $304m in US IPO, valued at $4bnSoftBank-backed Nigerian fintech company OPay has raised $304 million in its initial public offering (IPO) in the United States, securing a valuation of approximately $4 billion as it seeks to expand its presence in the growing digital financial services market. The post OPay raises $304m in US IPO, valued at $4bn appeared first on Vanguard News.Vanguard Nigeria
BusinessOct 30Anthropic may not secure investment-grade rating after IPO, Blackstone saysPrivate capital giant says AI group is expected to receive ‘high’ junk rating in shift from previous guidanceFinancial Times
BusinessOct 30Turkic states press on with Asia-Europe transport projects as new opportunities emergeThe Ankara Declaration highlighted the trade and transport cooperation of the Turkish states. Uzbekistan proposed 100 industrial projects spanning critical minerals and green technology, while Turkey signed new agreements with Uzbekistan and reaffirmed a $15bn (€13.5bn) trade goal with Kazakhstan.EuroNews [en]
BusinessOct 30Google lost nearly half a trillion this week. Here's how Mike Khouw is trading itGoogle lost nearly half a trillion this week. But the week's tech sell off might provide an opportunity, says Mike Khouw.CNBC
BusinessOct 30Walmart faces FTC scrutiny over AI-era personalized pricingWalmart says AI can personalize how people shop without personalizing what they pay.thestreet · united states of america
BusinessOct 30JEA faces massive power requests from data centers eyeing JacksonvilleJEA is experiencing substantial power demand requests from data centers considering expansion into Jacksonville. This development highlights increased industrial interest and potential strain on local utility infrastructure.jaxdailyrecord · united states of america
BusinessOct 30St. Louis Fed's Musalem sees further policy firming as needed, and soonA St. Louis Federal Reserve official believes further policy firming is necessary in the near future. This indicates potential upcoming changes in monetary policy.Seeking Alpha Tech
BusinessOct 30Lear outlines $1.5B buyback through 2029 while scaling Orion automation with 10%-15% conversion cost reductionLear plans a $1.5 billion share buyback program through 2029 and aims to reduce conversion costs by 10-15% by scaling its Orion automation. This outlines a company's strategic financial and operational initiatives.Seeking Alpha Tech
BusinessOct 30Innovex expects 2027 revenue up roughly 10% as subsea pipeline grows and Venezuela rampsInnovex anticipates approximately a 10% increase in revenue by 2027, driven by growth in its subsea pipeline projects and operations ramping up in Venezuela. This indicates positive financial projections for the company.Seeking Alpha Tech
BusinessOct 30How Young Nigerians Are Building Businesses Before They Raise Money“Zero-capital business” is a loose description. Mobile data, transport, electricity, and time all cost money, and no national dataset shows how many Nigerian firms literally started from nothing. The clearer trend is different: more young people are trying to make a first sale before taking a loan, renting a shop, or filling a storeroom. Moniepoint’s […] The post How Young Nigerians Are Building Businesses Before They Raise Money appeared first on Vanguard News.Vanguard Nigeria