Q2

New Report Reveals Demand for Youth Banking is High Among Families with Generation Z and Alpha Children

Retrieved on: 
Thursday, March 28, 2024
Growth, Parent, Generation Z, Q2, Alpha, Bank, BLUE, Future

In addition, the report highlights the transformative impact youth banking solutions can have on the growth of financial institutions.

Key Points: 
  • In addition, the report highlights the transformative impact youth banking solutions can have on the growth of financial institutions.
  • In recent years, banks and credit unions have faced a multitude of challenges related to digital disruption and new financial technology entrants.
  • To combat these challenges, financial institutions have focused on increasing customer loyalty and deposit growth.
  • According to the report, a significant majority of parents (57.2%) express a preference for their existing banking provider when considering a youth banking solution.

TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024
Private placement, Administration, Absorption, Private, Growth, Sale, Acquisition, G&A, Toronto Stock Exchange, Q2, TSX, GAAP, Internal Revenue Code, Calendar, THC, CAD, Video game

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today reported its financial results for the fourth quarter and full year ended December 31, 2023. All amounts are expressed in U.S. dollars and are prepared under U.S. Generally Accepted Accounting Principles (GAAP), unless indicated otherwise.

Key Points: 
  • Net revenue for the fourth quarter of 2023 was $86.6 million as compared to $69.0 million for the fourth quarter of 2022, representing year-over-year growth of 25.5%.
  • Gross profit margin for the fourth quarter of 2023 was 48.2% as compared to 44.6% in the fourth quarter of 2022.
  • General & Administrative expenses (G&A) for the fourth quarter of 2023 were $27.7 million as compared to $34.5 million in the fourth quarter of 2022.
  • Net cash provided by operating activities was $9.4 million for the fourth quarter of 2023 compared to $7.3 million in the fourth quarter of 2022.

KBRA Releases Research – European Securitisation: Positive Trend Continues

Retrieved on: 
Thursday, April 4, 2024
Banking, Professional Services, Finance, RMBS, CLO, KBRA, Q2, Mobile phone

KBRA UK (KBRA) releases a report on the European securitisation markets.

Key Points: 
  • KBRA UK (KBRA) releases a report on the European securitisation markets.
  • European securitisation markets recorded a strong start to the year as prime UK residential mortgage-backed securities (RMBS) issuers provided a positive jump in issuance with their return to market.
  • Newly circulated transaction volumes outpace the prior year’s first quarter, with EUR29.5 billion in Q1 2024 versus EUR23.7 billion in Q1 2023.
  • CLO volumes have returned, with EUR11.3 billion in Q1 2024 versus EUR6.7 billion in Q1 2023.

Global Business Optimism Continues to Climb as Businesses Indicate Sustained Confidence

Retrieved on: 
Wednesday, April 3, 2024
Finance, Transport, Banking, Business, Professional Services, Data Analytics, Logistics, Supply Chain Management, Retail, Dun & Bradstreet, Disaster, ESG, Dun, Policy, Q2, Overalls, Investment, Optimism, Weather

Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q2 2024 Global Business Optimism Insights report.

Key Points: 
  • Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q2 2024 Global Business Optimism Insights report.
  • The latest quarterly report highlights a sustained positive trend in the global business outlook, with the Dun & Bradstreet Global Business Optimism Index rising 5.4% quarter over quarter.
  • “The continued improvement in overall business optimism indicates that businesses are regaining stability after grappling with inflationary pressures and global monetary tightening,” said Neeraj Sahai, President of Dun & Bradstreet International.
  • Increasingly businesses are mitigating these risks by leveraging data to identify opportunities for reshoring, nearshoring, and friend shoring.”
    Key findings from the Q2 report reveals:
    The Global Business Optimism Index increased 5.4%, with businesses feeling more optimistic about the global macroeconomic environment, particularly regarding inflation.

Santander US Survey Finds Optimism Rising Among Middle-Income Households as Concerns about Inflation and Recession Ease

Retrieved on: 
Tuesday, April 2, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, File, Q3, Education, Employment, Multimedia, Research, Work, Environment, Q2, Online shopping

View the full release here: https://www.businesswire.com/news/home/20240402544576/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240402544576/en/
    Middle-income Americans’ concerns about a possible recession and inflation appear to be easing.
  • Many households have adjusted to rising prices, with 45% saying they are better equipped to handle increased prices.
  • While inflation remains a top concern, it was cited by only 46% of respondents, versus 57% in Q2 of 2023.
  • During the same period, those expecting a recession in the next 12 months dropped from 69% to 60%.

Blue Yonder Announces Binding Agreement To Acquire One Network Enterprises for Approximately $839 Million To Create Multi-Enterprise Supply Chain Ecosystem

Retrieved on: 
Friday, March 29, 2024
Apps, Applications, Technology, Transport, Software, Networks, Data Management, Logistics, Supply Chain Management, Retail, Artificial Intelligence, Automation, Organization, Pressure, Blue Yonder, Risk, The One Network, Smart, Acquisition, AI, Q2, Investment, Commerce, Ecosystem

Blue Yonder , a leader in digital supply chain transformations, continues its forward momentum to revolutionize the supply chain and has today announced the signing of an agreement to acquire One Network Enterprises (One Network) for approximately $839 million, subject to adjustments.

Key Points: 
  • Blue Yonder , a leader in digital supply chain transformations, continues its forward momentum to revolutionize the supply chain and has today announced the signing of an agreement to acquire One Network Enterprises (One Network) for approximately $839 million, subject to adjustments.
  • One Network, provider of the Digital Supply Chain Network™, is known for its autonomous and resilience services and is a leading global provider of intelligent control towers.
  • This is the next step to creating a resilient and collaborative supply chain,” said Greg Brady, chairman and founder, One Network.
  • Offers real-time insights and predictions, enabling the ability to take action across the supply chain ecosystem, leading to fewer disruptions and a more resilient supply chain.

Austin FC and Q2 Announce the 2024 Austin FC Dream Starter Competition

Retrieved on: 
Monday, March 25, 2024
Professional Services, Consumer, Technology, Entrepreneur, Software, Fintech, Banking, Dream, Growth, Case management, Q2 Stadium, Q2, Student, CDL, Portland Timbers, Documentation, Social, Austin FC, Government, Frustration, Nursing

Austin FC and Q2 Holdings Inc. announced today the launch of the 2024 Austin FC Dream Starter Competition, presented by Q2.

Key Points: 
  • Austin FC and Q2 Holdings Inc. announced today the launch of the 2024 Austin FC Dream Starter Competition, presented by Q2.
  • The Austin FC Dream Starter Competition winner will be honored with a check presentation during halftime at the Austin FC vs. Portland Timbers match on Wednesday, May 29.
  • Click here for a complete list of terms and conditions and to apply for the 2024 Austin FC Dream Starter Competition.
  • In 2021, Anthony Gantt, CEO of At Ease Rentals Corporation, was selected as the inaugural Austin FC Dream Starter Competition winner.

Chase Freedom® Encourages Cardmembers To Celebrate With Family, Given and Chosen, With Q2 2024 Quarterly Categories: Hotels, Restaurants and Amazon.com

Retrieved on: 
Friday, March 15, 2024
Restaurant, Bar, Lodging, Finance, Travel, Vacation, Banking, Professional Services, Retail, Friends, Freedom, Family, Amazon (company), Whole Foods Market, Q2, Airline

Today, Chase Freedom ® announced its rotating quarterly categories for Q2, where Freedom and Freedom Flex cardmembers can take advantage of exciting new cash back rewards.

Key Points: 
  • Today, Chase Freedom ® announced its rotating quarterly categories for Q2, where Freedom and Freedom Flex cardmembers can take advantage of exciting new cash back rewards.
  • Chase Freedom cardmembers can earn 5% cash back on these three categories this quarter.
  • “For Chase Freedom and Freedom Flex cardmembers, it’s not just about earning rewards – but also about celebrating life’s experiences with family and friends,” said Brent Reinhard, General Manager of Chase Freedom.
  • Throughout 2024, Chase Freedom and Freedom Flex cardmembers can continue cashbacking with a variety of exciting quarterly categories.

The Distilled Barrels Financial Exchange (DBFEX) Completes Three Year AI Based Machine Learning Program

Retrieved on: 
Thursday, March 14, 2024
Technology, Finance, Fintech, Wine & Spirits, Other Technology, Professional Services, Blockchain, Retail, Artificial Intelligence, Trust, Machine learning, Algorithm, Ecosystem, Q2

Spirits Capital Corporation , a fintech company that merges technology with the premium American whiskey asset class, announced the technology behind its Q2 launch of the Distilled Barrel Financial Exchange (“DBFEX”) has completed a three year long AI based machine learning integration process.

Key Points: 
  • Spirits Capital Corporation , a fintech company that merges technology with the premium American whiskey asset class, announced the technology behind its Q2 launch of the Distilled Barrel Financial Exchange (“DBFEX”) has completed a three year long AI based machine learning integration process.
  • The DBFEX global marketplace is set to connect distillers, investors and brands in a transparent ecosystem never seen in the whiskey and spirits industry.
  • The platform will leverage AI in a way that analyzes the entire supply chain behind the manufacturing of every barrel of whiskey in real time.
  • Reza Hashemi, Chief Technology Officer, at Spirits Capital states, “By leveraging cutting-edge AI, we’re setting new standards of transparency and trust in the whiskey exchange market.

Browzwear Strengthens Leadership Team with Appointment of Greg Hanson as Chief Operating Officer

Retrieved on: 
Wednesday, March 13, 2024
Fashion, Data Management, Retail, Apps, Applications, Technology, Software, Organization, Growth, Data science, Q2, Multimedia, LendingTree, Management

Browzwear, the leading provider of digital product creation software solutions for the fashion industry, proudly announces the appointment of Greg Hanson as Chief Operating Officer (COO).

Key Points: 
  • Browzwear, the leading provider of digital product creation software solutions for the fashion industry, proudly announces the appointment of Greg Hanson as Chief Operating Officer (COO).
  • View the full release here: https://www.businesswire.com/news/home/20240311579427/en/
    Browzwear, the leading provider of digital product creation software solutions for the fashion industry, proudly announces the appointment of Greg Hanson as Chief Operating Officer (COO).
  • As Chief Operating Officer, Greg will play a pivotal role in driving Browzwear's growth initiatives, optimizing operational efficiencies, and enhancing the company's market position.
  • I'm excited to collaborate with the talented team at Browzwear to drive growth, enhance operational excellence, and continue delivering cutting-edge solutions to our customers," said Greg Hanson, COO, Browzwear.