It’s been a good week for First Bank (NASDAQ:FRBA) shareholders, because the company has just released its latest quarterly results, and the shares gained 2.2% to US$13.70. It looks like the results were a bit of a negative overall. While revenues of US$34m were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 4.3% to hit US$0.37 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of.…
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Perry Mastrovito/Getty Images Check out CNET Money’s weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. With mortgage rates in flux, the housing market remains unaffordable and unpredictable. Lingering inflation, threats of a global trade war and mounting recession fears have driven mortgage rates up and down over the last period. The average interest rate for a standard 30-year fixed mortgage is 6.90% today, down -0.01% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.11%, which is a decrease of -0.02% from the…
Mumbai: India’s Ministry of Environment, Forest and Climate Change recently came out with a draft notification setting greenhouse gas emission intensity (GEI) reduction targets for two years, beginning 2025-26, covering 282 obligated entities in various sectors such as aluminium and cement.According to Dhanpal Jhaveri, CEO, Eversource Capital, the draft notification marks a significant inflection point in India’s climate policy landscape. “By setting intensity-based emission reduction targets across 282 industrial entities, the government is not only raising the bar for accountability but also laying the groundwork for a more resilient, low-carbon economy,” he said.Jhaveri added that this is India’s first sector-wide…
Image source: Getty Images Lloyds Banking Group (LSE: LLOY) shares suffered from President Trump’s first tariff announcement on 2 April. They plunged in just a few days to hit a low on 7 April of 60.8p. What’s Lloyds, a fully UK-focused retail bank, got to fear from US import restrictions? Well, banking and other finance stocks tend to fall across the board in the face of any economic threats. And this was definitely one of those. We’re now seeing the US administration backtracking from all-out trade war. And since the fall, the Lloyds share price has rebounded by a very…
CALGARY, AB, April 24, 2025 /PRNewswire/ – Crbon Labs Inc., a producer of premium quality carbon credits for corporate sustainability innovators, has completed the first plugging of an orphan gas well in Canada and is pleased to announce its collaboration with U.S. Venture, Inc. and its U.S. Energy® team who has acquired 100% of the corresponding High Fidelity Crbon™ credits from the project. Aerial photo of Crbon Labs’ first Canadian orphan well plugging project using ACR methodology (CNW Group/Crbon Labs Inc.) U.S. Energy®, a U.S. Venture company, recently recognized by Quantum Commodity Intelligence (QCI) as one of the largest carbon market intermediaries by…
The wealthy U.S. Commerce Secretary Howard Lutnick, whose previous firm Cantor Fitzgerald is deeply invested in real estate, cryptocurrency and treasuries, has become the brash new face of Trump’s economic agenda, championing tariffs and digital assets while ethics watchdogs warn that the potential conflicts from his sprawling financial interests remain unchecked. On March 20, Lutnick appeared on Fox News and urged viewers to buy Tesla stock as the markets plummeted. When they recovered in early April, he was quick with an upbeat post on X: “Never bet against Donald Trump. Never bet against America.” Lutnick is also fully on board…
Major polluting industries in four sectors — aluminium, cement, pulp and paper and chlor-alkali — will have to comply with the government’s greenhouse gas reduction targets for FY26 and FY27. Failing to do so, they will have to purchase carbon credits or pay environmental compensation. The Union Ministry of Environment, Forest and Climate Change has issued a draft notification on this under the compliance mechanism of the Carbon Credit Trading Scheme, 2023. This means that industry operating in these sectors will have to comply with the ministry’s greenhouse gas emission intensity (GEI) targets. The move also operationalises the domestic carbon…
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Image source: Getty Images I saw a headline earlier this week stating that the Dow Jones index was on track for its worst monthly percentage loss since the Great Depression in 1932. Of course, there are still some trading days left in the month, so we’ll have to wait and see how the history books are written. But with the US stock markets down heavily so far this year, here’s what’s on my radar for potential cheap purchases. Trade war easing speculation Amazon (NASDAQ:AMZN) has fallen 24% so far this year and is down 3% over a broader one-year period.…
Image source: Getty Images Just because I’m a long-term investor, it doesn’t mean that I’m not looking for UK stocks that could give me explosive returns in the coming years. I want to own shares that could double in value, but I’m not expecting it to happen in a week. Below is one idea that I think has the potential to rally sustainably going forward. Details of the company The first is Alpha Group International (LSE:ALPH). The FTSE 250 stock is up 28% over the last year. Over the past five years, it’s up 244%. So although I can’t simply…