Q2

McEwen Mining: Q3 Production

Retrieved on: 
Monday, October 30, 2023

(1)   'Gold Equivalent Ounces' are calculated based on a gold-to-silver price ratio of 90:1 for Q3 2022, 82:1 for Q1 2023, 82:1 for Q2, 2023, and 81:1 for Q3 2023.

Key Points: 
  • (1)   'Gold Equivalent Ounces' are calculated based on a gold-to-silver price ratio of 90:1 for Q3 2022, 82:1 for Q1 2023, 82:1 for Q2, 2023, and 81:1 for Q3 2023.
  • (2)   The San José Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc.
  • San José, which is operated by our joint venture partner Hochschild Mining, delivered Q3 production in line with our expectations for the quarter and guidance for the year.
  • McEwen Mining retains 47.7% ownership of McEwen Copper, with an implied market value of $380 million, this represents a value accretion for McEwen Mining shareholders of $98 million or two (2) dollars per share since March 2023.

Avolon 2023 Third Quarter Results

Retrieved on: 
Thursday, November 2, 2023

"The third quarter showed the continuing positive trajectory of our financial performance, helped by strong demand for aircraft and rising lease rates.

Key Points: 
  • "The third quarter showed the continuing positive trajectory of our financial performance, helped by strong demand for aircraft and rising lease rates.
  • We continued to support our customers' demand for capital and have underwritten US$2.9 billion in new sale and leaseback volume year to date.
  • These transactions, along with lease extensions and aircraft placed from our orderbook at attractive lease rates, will drive our long-term profitability.
  • We expect the current strong demand for travel and undersupply of aircraft to remain for the foreseeable future."

Electronic Arts Reports Strong Q2 FY24 Results

Retrieved on: 
Wednesday, November 1, 2023

(NASDAQ: EA) today announced preliminary financial results for its second quarter ended September 30, 2023.

Key Points: 
  • (NASDAQ: EA) today announced preliminary financial results for its second quarter ended September 30, 2023.
  • “We delivered a strong Q2 and successfully launched EA SPORTS FC, transforming one of the largest franchises in the world into a powerful, interactive platform for the future of football fandom,” said Andrew Wilson, CEO of EA.
  • Live services and other net bookings for Q2 was $1.129 billion, up 1% year-over-year (up 2% in constant currency).
  • EA SPORTS Madden NFL franchise outperformed Q2 expectations, delivering net bookings growth of 6% year-over-year.

Q2 Helps Hoosier Hills Credit Union Drive 100 Percent Growth in Deposits and Triple its Small Business and Commercial Accounts

Retrieved on: 
Tuesday, October 31, 2023

The credit union serves rural and under-banked communities that have been largely left behind by traditional banks.

Key Points: 
  • The credit union serves rural and under-banked communities that have been largely left behind by traditional banks.
  • Q2’s digital banking platform provides the functionality and simplicity for Hoosier Hills Credit Union members to quickly process payroll, handle remote deposits, and offer payment and ACH capabilities.
  • Click here to read the Hoosier Hills Credit Union and Q2 case study.
  • Click here to watch the Hoosier Hills Credit Union and Q2 testimonial video.

Ledyard Financial Group Reports Q3 2023 Earnings and Declares Quarterly Dividend

Retrieved on: 
Friday, October 27, 2023

Ledyard Financial Group, Inc. (“The Company”, ticker symbol LFGP), the holding company for Ledyard National Bank, today announced financial results for Q3 2023 and declared a regular quarterly dividend.

Key Points: 
  • Ledyard Financial Group, Inc. (“The Company”, ticker symbol LFGP), the holding company for Ledyard National Bank, today announced financial results for Q3 2023 and declared a regular quarterly dividend.
  • Q3 2023 net interest income was $4.0 million, down $227 thousand or 5.4% from Q2 2023, and down $494 thousand or 11.0% from Q3 2022.
  • Revenue from Ledyard Financial Advisors amounted to $3.21 million for Q3 2023, up 2.3% from $3.14 million in Q2 2023 and up 3.1% from $3.11 million in Q3 2022.
  • The Bank experienced net recoveries in Q3 2023, and the ACL at the end of Q3 2023 provides 2.6x coverage of non-performing assets.

Coldwell Banker Real Estate Gains Ground Internationally

Retrieved on: 
Tuesday, October 31, 2023

MADISON, N.J., Oct. 31, 2023 /PRNewswire/ -- Coldwell Banker Real Estate LLC, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), today announced its international growth momentum in 2023, expanding into three new countries and territories and welcoming 42 international companies as the brand continues to deliver exceptional service to even more consumers worldwide.

Key Points: 
  • Earlier this March, Coldwell Banker Chile announced its official launch after partnering with the brand.
  • The brand also welcomed Coldwell Banker Paraguay to its international network with the launch of a new franchise in the barrio of Recoleta, Asunción.
  • Most recently, Coldwell Banker announced expansion into Saudi Arabia's real estate market.
  • In Q2 and Q3 2023, Coldwell Banker international master franchisees reported the affiliation of 42 new international companies, including:

As Europe's Labor Market Stifles Competitiveness, Employers Race to Hire AI-Ready Talent

Retrieved on: 
Tuesday, October 31, 2023

BRUSSELS, Oct. 31, 2023 /PRNewswire/ -- A new report by The Conference Board reveals early signs of a race among European employers to hire AI-ready talent as companies grapple with a slowing economy, a hot labor market, and declining productivity.

Key Points: 
  • BRUSSELS, Oct. 31, 2023 /PRNewswire/ -- A new report by The Conference Board reveals early signs of a race among European employers to hire AI-ready talent as companies grapple with a slowing economy, a hot labor market, and declining productivity.
  • The report, A Hot Labor Market in a Chilling Economy , details a dramatic uplift in demand for cognitive, human-based skills over the last twelve months.
  • In this environment, it is unsurprising that employers are looking to exploit the productivity gains that AI is promising.
  • Employers can also combat unfilled job vacancies by widening their talent search, hiring under-represented groups like women, senior and foreign workers, and flexible labor.

Xinhua Silk Road: BOCOM Leasing serves BRI cooperation with strong presence, green footprint

Retrieved on: 
Friday, October 27, 2023

In the aviation leasing sector, BOCOM Leasing has served 18 aviation customers in Belt and Road countries and regions as of September 2023, with a cumulative placement amount of nearly 30 billion yuan, and the balance of related leasing assets amounting to 23.5 billion yuan.

Key Points: 
  • In the aviation leasing sector, BOCOM Leasing has served 18 aviation customers in Belt and Road countries and regions as of September 2023, with a cumulative placement amount of nearly 30 billion yuan, and the balance of related leasing assets amounting to 23.5 billion yuan.
  • BOCOM Leasing has placed nearly 50 billion yuan in shipping projects in Belt and Road countries and regions as of September 2023, with the balance of related shipping leasing assets reaching 40 billion yuan.
  • In 2022, BOCOM Leasing realized the delivery of the first aircraft using sustainable bio-jet fuel by a leasing company in China.
  • According to the Q2 ranking released by the third-party consulting firm Cirium on global aviation leasing companies, BOCOM Leasing ranked 10th internationally in terms of the size of its aviation leasing assets and the second among domestic leasing companies.

AI Helps to Stabilize Quarterly Cloud Market Growth Rate; Microsoft Market Share Nudges Up Again

Retrieved on: 
Friday, October 27, 2023

That is the fifth successive quarter in which the cloud market grew by $10-11 billion from the previous year.

Key Points: 
  • That is the fifth successive quarter in which the cloud market grew by $10-11 billion from the previous year.
  • Among the largest cloud providers Google and Microsoft had the stronger year-on-year growth numbers, with Microsoft increasing its worldwide market share by almost two percentage points from the third quarter of last year.
  • While the law of large numbers continues to exert downward pressure on cloud market growth rates, AI is giving the market an added boost.
  • The large Chinese market is also gradually nudging back towards a more normal growth pattern, after a long period of constrained cloud operations.

Darling Ingredients Inc. Statement on 2023 Guidance and 2024 Outlook

Retrieved on: 
Thursday, October 26, 2023

IRVING, Texas, Oct. 26, 2023 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today released the following statement regarding 2023 guidance and 2024 outlook.

Key Points: 
  • IRVING, Texas, Oct. 26, 2023 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today released the following statement regarding 2023 guidance and 2024 outlook.
  • We have seen extreme volatility in the heating oil market, which resulted in a sizeable hedge loss.
  • Additionally, a sell off in D4 RINs coupled with stagnant LCFS prices, produced lower than anticipated margins at DGD.
  • Darling Ingredients' core business has delivered as communicated during the Q2 earnings call, slightly lower than Q2 and seasonally normal for Q3.