The robust performance of Wealth Solutions, Investment Management, and Health Solutions positions VOYA for growth. Competent capital deployment, optimistic outlook, and attractive growth projections make VOYA a portfolio-worthy investment. VOYA has a solid track record of surpassing earnings predictions over the past five quarters, with an average beat of 36.62 percent. Zacks Rank and Price … Read more
The Brazilian investment bank BTG Pactual stated on Friday that one of its subsidiaries, Inter-Porfolio, has reached an agreement to acquire 100 percent of the Luxembourg-based financial institution FIS Privatbank for EUR 21.3 million. FIS Privatbank was created 30 years ago (USD 22.9 million). According to a market release, FIS Privatbank is one of Europe’s … Read more
Crist is the former CEO and board chair of Chef, a Seattle-based automation technology startup bought by Progress, a business application platform, in 2020 for $220 million. Crist, the current chair of Buildkite’s board of directors, also sits on the boards of Seattle sales startup Magnify and London cloud business communication provider Rossum. Formerly, he … Read more
According to Future Market Insights, the Adrenal Crisis Management Market is anticipated to expand at a CAGR of 6.7% between 2023 and 2033. By 2033, it is anticipated that the global market for Adrenal crisis management would reach a value of $6.31 million. The expansion of the market may be attributable to factors such as … Read more
According to Steve Forbes, the Federal Reserve’s relentless rate rises are ruining the economy. “The Federal Reserve maintains its economic destruction policies. They are pursuing policies that are detrimental to the economy “Thursday, the editor-in-chief of Forbes Magazine said Fox Business. “You have not just unstable banks. I believe there won’t be too many more, … Read more
Mubadala Investment Corporation, the sovereign investment arm of Abu Dhabi, and the global investment firm 42XFund co-led a $300 million series B capital round for the Chinese industrial supply chain technology business JD Industrials. “We are thrilled to report that our investment in JD Industrials, a prominent industrial supply chain technology and services provider in … Read more
Lockheed Martin (LMT) announced on Wednesday a new investment in REGENT, a pioneering electric seaplane manufacturer, to expedite defense applications. In 2022, Lockheed Martin remained one of the leading US military manufacturers with approximately $66 billion in revenues. To speed up the deployment of electric seaplanes for the military. Lockheed Martin aims to modernize and … Read more
Prior to the renewal of the Grain Agreement (see below), the Chicago Board of Trade (CBOT) US Wheat Futures registered their first weekly rise in five weeks; however, the gains were short-lived. Therefore, they lost additional ground on Tuesday when a weekly assessment from the U.S. government revealed an improvement in the drought-affected winter crop’s … Read more
The Arkansas-based retail behemoth reported that the 20-year-old Walmart site was “financially failing.” The Everett Walmart on Highway 99 will close next month. Walmart says that the Everett Highway 99 store will close on April 21. Tuesday, the retail behemoth announced in a statement that the site did not fulfill “financial objectives.” The 147,000-square-foot shop … Read more
Global equities markets have suffered from central bank tightening, notably the US Federal Reserve. According to Puneet Wadhwa/Business Standard, Jefferies managing director Mahesh Nandurkar expects rising rates to affect markets within six months and maybe by the fourth quarter of 2023. How will global equity perform in CY23? How likely is a Fed rate cut … Read more