Six Months in Sudan

MOGU Announces Unaudited Financial Results for the Six Months Ended September 30, 2023

Retrieved on: 
Friday, December 15, 2023

MOGU Inc. (NYSE: MOGU) (“MOGU” or the “Company”), a KOL-driven online fashion and lifestyle destination in China, today announced its unaudited financial results for the six months ended September 30, 2023.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (“MOGU” or the “Company”), a KOL-driven online fashion and lifestyle destination in China, today announced its unaudited financial results for the six months ended September 30, 2023.
  • Highlights For the Six Months Ended September 30, 2023
    Total revenues for the six months ended September 30, 2023 decreased by 27.5% to RMB83.3 million (US$11.4 million) from RMB114.8 million during the same period of the fiscal year 2023.
  • GMV for the six months ended September 30, 2023 was RMB2,196 million (US$301.0 million), a decrease of 22.3% period-over-period.
  • Financial Results For the Six Months Ended September 30, 2023
    Total revenues for the six months ended September 30, 2023 decreased by 27.5% to RMB83.3 million (US$11.4 million) from RMB114.8 million during the same period of the fiscal year 2023.

New IBD/TIPP Poll Shows Economic Optimism Plummeted in October

Retrieved on: 
Tuesday, October 3, 2023

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, fell 16.0% in October.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, fell 16.0% in October.
  • After climbing to a reading of 43.2 last month, the index plummeted to 36.3 this month.
  • The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.
  • We’re clearly not out of the woods when it comes to the economy.”
    The flagship IBD/TIPP Economic Optimism Index has three key components.

Economic Optimism Is on the Rise, According to the Latest IBD/TIPP Poll

Retrieved on: 
Wednesday, September 6, 2023

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today showed some positive momentum.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today showed some positive momentum.
  • The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.
  • The poll was conducted online using TechnoMetrica’s network of panels to provide the sample.
  • The Presidential Leadership Index was up across the board, with its overall reading climbing 5.7% over last month.

Nova LifeStyle, Inc. Reports Second Quarter FY 2023 Results

Retrieved on: 
Monday, August 14, 2023

LOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • LOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023.
  • Operating Results for the Three Months Ended June 30, 2023
    Net sales for three months ended June 30, 2023 were $4.5 million, an increase of 17% from $3.8 million in the same period of 2022.
  • Gross profit was $1.4 million compared to ($3.5 million) loss in the same period of 2022.
  • Operating Results for the Six Months Ended June 30, 2023
    Net sales for the six months ended June 30, 2023 were $6.3 million, a decrease of 15% from $7.5 million in the same period 2022.

IBD/TIPP Poll Shows That Economic Optimism Continues its Downward Spiral, as All Components Drop in August

Retrieved on: 
Tuesday, August 8, 2023

The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.

Key Points: 
  • The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.
  • The Presidential Leadership Index saw some bright spots after falling across all components in each of the previous three months.
  • We clearly still have a way to go to return to pre-pandemic positivity.”
    The flagship IBD/TIPP Economic Optimism Index has three key components.
  • Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, declined the most.

Economic Optimism Dips Again, According to the Latest IBD/TIPP Poll

Retrieved on: 
Tuesday, July 11, 2023

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today revealed a 1.0% drop from last month’s reading.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today revealed a 1.0% drop from last month’s reading.
  • The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.
  • Expect some more twists and turns before consumers trust that the economy has stabilized.”
    The flagship IBD/TIPP Economic Optimism Index has three key components.
  • Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, slipped 0.3%.

Premium Income Corporation Announces Semi-Annual Results

Retrieved on: 
Wednesday, June 28, 2023

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the “Fund”) announces results of operations for the six months ended April 30, 2023.

Key Points: 
  • TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the “Fund”) announces results of operations for the six months ended April 30, 2023.
  • Net assets attributable to holders of Class A shares as at April 30, 2023 were $47.5 million or $3.42 per Class A share.
  • Premium Income Corporation is a mutual fund corporation, which invests in a portfolio consisting principally of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, and the Toronto Dominion Bank.
  • The Fund employs an active covered call writing strategy to enhance the income generated by the portfolio and to reduce volatility.

Latest IBD/TIPP Poll Shows Economic Optimism Sees Little Improvement One Month After Freefall

Retrieved on: 
Tuesday, June 6, 2023

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today revealed that economic optimism rose a cautious 0.2% in June after last month’s 12.2% drop.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today revealed that economic optimism rose a cautious 0.2% in June after last month’s 12.2% drop.
  • The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.
  • The Presidential Leadership Index fell another 5.8% in June, after May’s 8.0% drop, taking the reading from 46.3 last month to 43.6 this month.
  • Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, fell another 3.5%.

MOGU Announces Unaudited Financial Results For the Six Months Ended March 31, 2023 and Fiscal Year 2023

Retrieved on: 
Friday, June 2, 2023

MOGU Inc. (NYSE: MOGU) (“MOGU” or the "Company"), a KOL-driven online fashion and lifestyle destination in China, today announced its unaudited financial results for the six months ended March 31, 2023 and fiscal year 2023.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (“MOGU” or the "Company"), a KOL-driven online fashion and lifestyle destination in China, today announced its unaudited financial results for the six months ended March 31, 2023 and fiscal year 2023.
  • Live video broadcast (“LVB”) associated GMV for the six months ended March 31, 2023 decreased by 34.7% period-over-period to RMB3,165 million (US$460.9 million2).
  • GMV for the six months ended March 31, 2023 was RMB3,241 million (US$471.9 million), a decrease of 38.0% period-over-period.
  • Financial Results For the Six Months Ended March 31, 2023
    Total revenues for the six months ended March 31, 2023 decreased by 30.2% to RMB117.2 million (US$17.1 million) from RMB168.0 million during the same period of fiscal year 2022.

Economic Optimism Takes a Nosedive in IBD/TIPP’s May Poll, With the Six-Month Outlook Plummeting 16.8%

Retrieved on: 
Tuesday, May 9, 2023

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today revealed that economic optimism has fallen.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, today revealed that economic optimism has fallen.
  • A reading above 50.0 signals optimism and below 50.0 indicates pessimism on IBD/TIPP indexes.
  • The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.
  • “After a few months of increasing economic optimism, the May indexes are a bit concerning, particularly the Six-Month Outlook,” said Ed Carson, IBD's news editor.