Fontana Limited (FTNA) Unaudited financials for the first quarter ended September 30, 2024: Fontana Limited (FTNA) for the first quarter ended September 30, 2024 reported a 16% increase in revenues totaling $2.07 billion compared to $1.78 billion in the corresponding three months last year. Cost of Sales amounted to $1.29 billion (2023: $1.18 billion), this
November 29, 2024 United States: US Futures Gain as Dollar Snaps 8-Week Winning Run: Markets Wrap US equity futures gained with Treasuries Friday, while speculation that president-elect Donald Trump will temper his most extreme trade policies drove the dollar to its biggest weekly loss in three months. Contracts on the S&P 500 rose 0.2%,
November 28, 2024 The Palace Amusement Company Limited (PAL) Unaudited financials for the first quarter ended September 30, 2024: The Palace Amusement Company Limited (PAL) for the first quarter ended September 30, 2024 reported a 20% decrease in revenue totalling $345.35 million compared to $433.91 million in the corresponding three months last year. Direct expenses
November 28, 2024 United States: Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates. The so-called core personal consumption expenditures price index, which strips out volatile food and energy
November 27, 2024 United States: US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool. Gross domestic product increased at a 2.8% annualized pace in the
November 26, 2024 United States: It’s Reasonable to Consider Rate Cut Next Month, Fed’s Kashkari Says Federal Reserve Bank of Minneapolis President Neel Kashkari said it is still appropriate to consider another interest-rate cut at the central bank’s December meeting. “It’s still a reasonable consideration,” Kashkari said Monday on Bloomberg Television in response to a
