Recession

Canada Construction Equipment Assessment Report 2024: A $14.59 Billion Market by 2029 with Caterpillar, Hitachi Construction Machinery, Volvo CE, SANY, XCMG, and Komatsu Dominating - ResearchAndMarkets.com

Retrieved on: 
Venerdì, Maggio 24, 2024

The Canada construction equipment market is expected to attain a value of $14.59 billion by 2029 from $11.2 billion in 2023, growing at a CAGR of 4.27% from 2023-2029

Key Points: 
  • The Canada construction equipment market is expected to attain a value of $14.59 billion by 2029 from $11.2 billion in 2023, growing at a CAGR of 4.27% from 2023-2029
    The Canada construction equipment market is highly competitive, with a mix of local and international players.
  • Major companies such as Wolff Group Construction Equipment Canada, Frontline Machinery Canada, and RockZone Americas Canada are key players in the market.
  • Caterpillar, Hitachi Construction Machinery, Volvo CE, SANY, XCMG, and Komatsu are the leaders in the Canada construction equipment market.
  • This drives demand for equipment like forklifts, aerial work platforms, and concrete mixers in the Canada construction equipment market.

New ServiceTitan Survey Data Reveals Commercial Contractors Remain Resilient Despite Economic Headwinds

Retrieved on: 
Mercoledì, Maggio 22, 2024

The report surveyed over 1,000 commercial contractors across various trades and found that in the face of economic challenges, contractors remain resilient and are doubling down on sales and marketing while adopting new technology to help drive customer and business growth.

Key Points: 
  • The report surveyed over 1,000 commercial contractors across various trades and found that in the face of economic challenges, contractors remain resilient and are doubling down on sales and marketing while adopting new technology to help drive customer and business growth.
  • Despite market uncertainties and macroeconomic challenges, 39% of commercial contractors expressed optimism for 2024 – a 17% increase compared to last year’s study , when only 22% of contractors had a positive outlook for 2023.
  • While commercial contractors remained resilient despite economic challenges in recent years, a significant majority of contractors' revenue (71%) either decreased or stayed the same in 2023.
  • Material lead time also increased for 52% of commercial contractors; in comparison, equipment lead time increased for 62% of commercial contractors.

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
Lunedì, Maggio 13, 2024

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.
  • However, unlike mutual funds, shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units.

Less than Four in Ten Investors Have a Retirement Savings Target

Retrieved on: 
Lunedì, Maggio 13, 2024

COLUMBUS, Ohio, May 13, 2024 /PRNewswire/ -- As economic ambiguity and inflation heighten investors' retirement concerns, Americans are coming to terms with a difficult reality: their retirement prospects are more uncertain than they anticipated, and their inability to know what to expect in the future is throwing their plans into flux.

Key Points: 
  • In the face of these headwinds, just 38% of investors believe in having a retirement savings target, or a specific savings goal for retirement.
  • It's good to have a goal in mind, but holistic financial planning with an advisor is more likely to lead to a comfortable retirement.
  • Investors age 55+ or currently in retirement are most worried about paying for basic living expenses (83%), medication and other health-related items (58%) and supplemental health insurance (39%) in retirement.
  • Three in 4 investors are concerned about a US economic recession in 2024, including 81% of those farthest from retirement (non-retired 18- to 54-year-olds).

‘Undercover Billionaire’ Star Advises HPU Graduates to Embrace Life’s Challenges

Retrieved on: 
Mercoledì, Maggio 8, 2024

HPU President Nido Qubein welcomed a total of 14,000 families and friends into the arena to celebrate the latest graduating class.

Key Points: 
  • HPU President Nido Qubein welcomed a total of 14,000 families and friends into the arena to celebrate the latest graduating class.
  • Despite a heavy storm passing through the area on May 4, the large-scale celebration that is tradition at HPU continued.
  • Qubein shared a similar message while describing some of the challenges that the latest graduates have faced, including a last-minute change to Commencement because of the weather.
  • Nonetheless, he told graduates to embrace the highs and lows that life offers and grow from both.

Hedge Fund Firms Plan Strategic Investment and Business Shifts in Response to Geopolitical, Economic Factors

Retrieved on: 
Mercoledì, Maggio 8, 2024

Insights from a survey of global hedge fund firms indicate geopolitical and economic factors may be behind a potentially significant shift in investment and business strategy.

Key Points: 
  • Insights from a survey of global hedge fund firms indicate geopolitical and economic factors may be behind a potentially significant shift in investment and business strategy.
  • More than half (55%) of hedge funds surveyed by Dynamo said they expect to increase fundraising activities moving into 2025.
  • As for investment allocations, nearly half (45%) of hedge fund participants said they plan to diversify across multiple asset classes over the next 12 months.
  • In pursuing these strategic shifts in investment and business strategy, hedge funds anticipated a few potential roadblocks.

Sandy Spring Bancorp Reports First Quarter Earnings of $20.4 Million

Retrieved on: 
Martedì, Aprile 23, 2024

Interest checking and money market accounts increased $64.5 million and $51.6 million, respectively, while time deposits decreased $93.0 million.

Key Points: 
  • Interest checking and money market accounts increased $64.5 million and $51.6 million, respectively, while time deposits decreased $93.0 million.
  • Net interest income for the first quarter of 2024 declined $2.4 million or 3% compared to the previous quarter and $18.0 million or 18% compared to the first quarter of 2023.
  • Compared to the previous quarter, the $0.4 million growth in interest income for the current quarter was more than offset by the $2.7 million increase in interest expense.
  • Non-interest income for the first quarter of 2024 increased by 11% or $1.8 million compared to the linked quarter and grew by 15% or $2.4 million compared to the prior year quarter.

UpSwell Marketing Survey Unveils Small Businesses Are Navigating Economic Challenges with Strategic Confidence

Retrieved on: 
Martedì, Aprile 30, 2024

MARIETTA, Ga., April 30, 2024 /PRNewswire/ -- UpSwell Marketing, a premier direct response marketing agency dedicated to small business growth, today unveiled the findings from its 2024 SMB Owner Sentiment Survey.

Key Points: 
  • MARIETTA, Ga., April 30, 2024 /PRNewswire/ -- UpSwell Marketing, a premier direct response marketing agency dedicated to small business growth, today unveiled the findings from its 2024 SMB Owner Sentiment Survey.
  • Revenue Growth: A significant majority of businesses, 60.18%, reported an increase in revenue in 2023, with over half anticipating further growth in 2024.
  • "Reflecting on the survey findings, it's clear that a majority of small businesses, the backbone of the U.S. economy, are looking at the year ahead with optimism," stated Eric Goodstadt, CEO of UpSwell Marketing.
  • "Despite acknowledging various challenges, these businesses are more focused on navigating through them with resilience rather than viewing them as deterrents.

Galaxy Gaming Reports Q4 and FY 2023 Financial Results

Retrieved on: 
Lunedì, Marzo 25, 2024

LAS VEGAS, March 25, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • LAS VEGAS, March 25, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and year ended December 31, 2023.
  • Excluding such credits, Adjusted EBITDA increased 10% in Q4 2023.
  • Excluding such credits, Adjusted EBITDA increased 7% in FY 2023
    “Q4 of 2023 marked a substantial improvement in operating results as compared to the previous quarter,” said Matt Reback, President and CEO.
  • “We saw gross revenue increases of 25% and 23% in the quarter and the year, respectively, and our gross revenue in Q4 of 2023 was a record at $8.4 million.

Global Core Banking Solutions Market Report 2023-2024 and 2028: Specialized Applications of AI, Blockchain, Big Data and Emergence of Several Next-Generation Banks Driving Opportunities

Retrieved on: 
Martedì, Marzo 12, 2024

The report provides a detailed analysis of the competitors in the market.

Key Points: 
  • The report provides a detailed analysis of the competitors in the market.
  • It covers the financial performance analysis for the publicly listed companies in the market.
  • The report presents a detailed Ansoff matrix analysis for the Global Core Banking Solutions Market.
  • The publisher analyses the Global Core Banking Solutions Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.