Intercorp Financial Services Inc. (NYSE:IFS) Q1 2024 Earnings Conference Call May 14, 2024 10:00 AM ET Company Participants Anna DeAssis – InspIR GroupLuis Felipe Castellanos – CEOMichela Casassa – CFOGonzalo Basadre – CEO, InterseguroCarlos Tori – CEO, Interbank Conference Call Participants Alonso Aramburu – BTG Alonso Operator Good morning, and welcome to the Intercorp Financial…
BrightSpring Health Services, Inc. (NASDAQ:BTSG) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Jennifer Phipps – Chief Accounting OfficerJon Rousseau – President and CEOJim Mattingly – CFO Conference Call Participants Jamie Perse – Goldman SachsBrian Tanquilut – JefferiesLinda Bolduc – Morgan StanleyWhit Mayo – Leerink PartnersUnidentified Analyst – Bank of…
pawopa3336/iStock via Getty Images Mammoth Energy Services (NASDAQ:TUSK) is dealing with challenging near-term business conditions. Mammoth’s Q1 2024 results involved negative $6 million in adjusted EBITDA (after excluding interest from its Puerto Rico Electric Power Authority [PREPA] accounts receivable). Although I was expecting 2024 to be relatively weak for Mammoth (with adjusted EBITDA around $5…
Stewart Information Services Corporation (NYSE:STC) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Kathryn Bass – Director of Investor RelationsFrederick Eppinger – Chief Executive OfficerDavid Hisey – Chief Financial Officer Conference Call Participants Bose George – KBWJohn Campbell – Stephens Inc.Geoffrey Dunn – Dowling Partners Operator Hello and thank you…
We Are In Q1 2024, our consumers spent very vigorously on services at the fastest growth rate since 2021, adjusted for inflation, but not so vigorously on goods. And private fixed investment jumped at the fastest rate in two years. But dragging on GDP were the trade deficit, which worsened sharply on a majestic surge…
The FBI has issued a public service announcement today, warning Americans against using unregistered and non-Know Your Customer (KYC) cryptocurrency money transmitting services. JUST IN: 🇺🇸 FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services. pic.twitter.com/BkSuG6MiCE — Bitcoin Magazine (@BitcoinMagazine) April 25, 2024 This announcement, identified as Alert Number I-042524-PSA, urged Americans…
Yesterday, the US Department of Justice (DOJ) charged Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, a privacy-focused bitcoin wallet that also serves as a mixer, with money laundering and operating an unlicensed money transmitting business. Many, including activists and human rights defenders, spoke out about the significance of this legal action soon…
Kosal Hor/iStock via Getty Images Summary Following my coverage of J.B. Hunt Transport Services (NASDAQ:JBHT) (published on 5th Feb 2024), that I recommended a buy rating as I was positive about the growth recovery trend, which I thought was evident in the intermodal [IM] segment volume performance, this post is to provide an update on…
Carlos Duarte/iStock via Getty Images Intercorp Financial Services (NYSE:IFS) is a leading provider of financial services in Peru. IFS is a holding company that manages its operations through subsidiaries (Fig 1) with four segments: banking (Interbank), insurance (Interseguro), wealth management (Inteligo Bank), and payments (Izipay). Intercorp Peru controls IFS with a 71.22% equity stake. IFS…
High Arctic Energy Services Inc. (OTCPK:HGHAF) Q4 2023 Results Conference Call April 8, 2024 5:00 PM ET Company Participants Michael Maguire – CEOLonn Bate – Interim CFO Conference Call Participants Josef Schachter – Schachter Energy Research Services Inc. Operator Good afternoon, ladies and gentlemen. Welcome to the High Arctic Energy Services 2023 Q4 Results Conference…
Nuthawut Somsuk And there were big upward revisions of the already hot readings for January. The core PCE price index, the inflation index that the Fed is focused on and refers to all the time, was revised up on Friday for January to an annualized month-to-month growth rate of 5.6% (up from the original 5.1%)…
Bridgemarq Real Estate Services Inc. (OTCPK:BREUF) Q4 2023 Results Conference Call March 28, 2024 10:00 AM ET Company Participants Phil Soper – President and CEOGlen McMillan – Chief Financial Officer Operator Good morning. My name is Joanna. And I would like to welcome everyone to the Bridgemarq Real Estate Services Inc. 2023 Fourth Quarter Results…
Klaus Vedfelt The cosmetic services social media platform is developing its own clinics as well as a premium platform for high-end users So-Young International Inc.’s (NASDAQ:SY) latest quarterly results provided a facelift for its tired stock, which jumped 4% in the days after its announcement last week. Still, the small pop left shares of the…
Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Q4 2023 Earnings Conference Call March 18, 2024 1:00 PM ET Company Participants Charles Bradley – Chief Executive OfficerMichael Lavin – President and Chief Operating OfficerDanny Bharwani – Chief Financial Officer Operator Good day, everyone, and welcome to the Consumer Portfolio Services 2023 Fourth Quarter Operating Results Conference Call. Today’s…
Barrett Business Services, Inc. (NASDAQ:BBSI) Q4 2023 Earnings Call Transcript February 28, 2024 5:00 PM ET Company Participants Gary Kramer – President and CEO Anthony Harris – CFO Conference Call Participants Lee Jagoda – CJS Securities Jeff Martin – ROTH Capital Partners Vincent Colicchio – Barrington Research Marc Riddick – Sidoti & Company Operator Good…
Ensign Energy Services Inc. (OTCPK:ESVIF) Q4 2023 Results Conference Call March 1, 2024 12:00 PM ET Company Participants Nicole Romanow – IR Bob Geddes – President, CEO Mike Gray – CFO Conference Call Participants Aaron MacNeil – TD Cowen Cole Pereira – Stifel Josef Schachter – Scatter Energy Research Keith Mackey – RBC Capital Markets…
Today, Jack Mallers, the CEO of Strike, has announced the expansion of Strike’s suite of Bitcoin services into several African markets. I just published Announcing Strike Africa Today, we are launching Strike Africa, expanding our full suite of #Bitcoin services into Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia with more markets to…
vladj55 Quanta Services, Inc (NYSE:PWR) has been growing steadily in the past decade, especially in the past three years since the signing of the Infrastructure Investment and Jobs Act in 2021. However, due to the significant increase in remaining performance obligation and uncertainty around its ability to deliver projects on time and on budget, despite…
Teamjackson We present our note on Veolia Environnement SA (OTCPK:VEOEF) (OTCPK:VEOEY), the leading global provider of environmental services to municipal and industrial clients, with a Buy rating. We are drawn by Veolia’s exposure to structural tailwinds, cost-cutting efforts, synergies execution leading to significant growth CAGR, dividend coverage, and a cheap valuation. We see the upcoming…
Aksana Kavaleuskaya By James Knightley, Chief International Economist ISM services rebounds, but contradictions with official data continue The ISM services index has bounced back nicely in January with the headline index at 53.4 versus 50.5 in December. The consensus was 52.0 with anything above 50 equating to expansion and anything below 50 being a contraction….
ozgurdonmaz Apple (NASDAQ:AAPL) reported its Q1 FY24 results on February 1st, 2023, after the market close. I provided a ‘Buy’ rating in my previous coverage, highlighting the growth momentum in their service business. Their service revenue grew by 11.3% in the quarter, reaching an all-time record. I maintain a “Buy” rating with a fair value…
The PNC Financial Services Group, Inc. (NYSE:PNC) Q4 2023 Results Conference Call January 16, 2024 11:00 AM ET Company Participants Bryan Gill – Director of Investor Relations Bill Demchak – Chairman, President and CEO Rob Reilly – Executive Vice President and CFO Conference Call Participants John McDonald – Autonomous Research John Pancari – Evercore Scott…
Following the approval of its license by the Dubai Virtual Assets Regulatory Authority, OKX will be offering spot services and spot pairs to UAE residents. This comes as the country is establishing itself as a welcoming hub for crypto business. Crypto businesses looking to expand all over the world often face the challenge of needing…
Peter Hansen/iStock via Getty Images This is a chart that people will be talking about for a long time now. This shows the ISM Services Employment Index. Services have been extremely strong for the last few years, and it’s been a consistent bright spot in the economy. It’s been so strong that it’s forced the…
The acquisition of Solscan by Etherscan comes at a time when activities on the Solana ecosystem garnered interest from crypto traders due to the resurgence of meme tokens. Etherscan, a renowned blockchain explorer focusing on the Ethereum ecosystem, has announced the acquisition of Solscan, another prominent crypto data provider for the Solana protocol. In an…
With X now obtaining payment licenses across a dozen states in the United States, Musk said the app is ready to start its payment services come 2024 at an undisclosed date. Billionaire tech entrepreneur Elon Musk, CEO of Tesla and SpaceX, recently disclosed that his social media platform, X, will launch its in-app payment services…
With the new law set to take effect next year, Revolut has temporarily paused its crypto services to ensure compliance with these new requirements. Revolut, a prominent financial technology company providing online banking services, has temporarily suspended crypto services for customers in the United Kingdom. Starting January 3, 2024, digital asset traders in the region…
bfk92 Investment Thesis ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), the Israeli container shipping company, has been through a tough roller coaster since its IPO back in January 2021. Debuting at $15.00 a share, then reaching an all time high of $88.62 only 14 months later, only to plummet ~93% to an all time low of…
ricochet64 Investment Thesis Johnson Controls International (NYSE:JCI) is a building automation multinational based in the US. JCI traces its origin to the first-ever electric thermostat and has since grown to operate in over 150 countries with a wide breadth of service and product offerings. JCI is a leader in green buildings, pushing toward net zero…
Eric Mischke We’re maintaining our hold-rating on Oracle (NYSE:ORCL). Consistent with our expectations during our downgrade in mid-October, ORCL is struggling to boost top-line growth. 2Q24 top-line missed consensus estimates as its Cloud Services sales were not enough to offset its muted services and the deceleration in its Cloud and On-Premise licenses sales. We think…
Liquidity Services, Inc. (NASDAQ:LQDT) Q4 2023 Earnings Conference Call December 7, 2023 10:30 AM ET Company Participants William Angrick – Chairman & Chief Executive Officer Jorge Celaya – Executive Vice President & Chief Financial Officer Conference Call Participants Gary Prestopino – Barrington Research George Sutton – Craig-Hallum Capital Operator Hello and welcome to Liquidity Services,…
U.S. Bancorp (NYSE:USB) Goldman Sachs 2023 US Financial Services Conference December 6, 2023 10:40 AM ET Company Participants Andrew Cecere – Chairman, President & CEO John Stern – CFO Conference Call Participants Richard Ramsden – Goldman Sachs Richard Ramsden We’re going to get started in one minute. Okay. So we will — we’re going to…
The Goldman Sachs Group, Inc. (NYSE:GS) Goldman Sachs 2023 US Financial Services Conference December 5, 2023 10:00 AM ET Company Participants Denis Coleman – CFO Conference Call Participants Richard Ramsden – Goldman Sachs Richard Ramsden Okay. So up next, we have Denis Coleman, who is CFO of Goldman Sachs. Denis has been with firm since…
Reuters said the launch of the BTC and Ether trading services by Unibanco comes a few months after two of the country’s companies exited the crypto market. Brazilian banking giant Itau Unibanco has joined the crypto bandwagon with the launch of digital asset trading services for customers as part of its investment platforms, Reuters reported…
The collaboration between Osmosis and the UX chain will focus on addressing potential security vulnerabilities and shared liquidity to enhance growth prospects. The ultimate growth of blockchain technology has been pegged to the multi-chain capabilities, whereby the Cosmos (ATOM) network has described it as blockchain 3.0. In the context of multichain capabilities, Osmosis (OSMO), a…
What has surprised many observers closely monitoring these illicit activities is the recurring association of these hacks with platforms connected to Justin Sun. The cryptocurrency trading platform HTX, formerly known as Huobi, which has ties to industry entrepreneur Justin Sun, regained functionality this week following a security breach resulting in an estimated $30 million loss….
Raiffeisen Bank will first roll out the services to small-scale customers who can invest as little as one euro in the country’s capital city of Vienna and the historic headquarters of the 97-year-old bank where most residents live. Austria’s financial landscape is gearing up for a major transformation as Raiffeisen Bank International announces the launch…
Daniel Wright Note: I have covered ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) previously, so investors should view this as an update to my earlier articles on the company. On Wednesday, Israel-based liner company ZIM Integrated Shipping Services Ltd. (“ZIM”) reported weak quarterly results and lowered its profitability outlook for the second time this year due…
fazon1 By James Smith, Developed Markets Economist To no great surprise, UK inflation plunged in October as the impact of lower gas prices finally showed through in a meaningful way. Last year’s 25% increase in household energy bills has dropped out of the annual comparison, while electricity/gas prices fell by 7% in October this year….
The launch of the global AI advisory services comes after Visa recently made a significant investment in the field of AI. Global payments giant Visa Inc (NYSE: V) has introduced its new global artificial intelligence (AI) advisory service to assist clients in harnessing the power of AI solutions for their businesses and understanding the potential…
The price of XRP is responding positively to Ripple sealing agreements to several institutions who need varying services from the firm. The price of XRP has jumped considerably in the last 24 hours. XRP climbed 11% earlier on Monday, before falling to the current 10.13%, according to data from CoinMarketCap. XRP is now the fourth-largest…
With this approval, PayPal joins firms like Interactive Brokers, Bitstamp, and Komainu that have been granted crypto registration this year. Payments company PayPal Holdings Inc (NASDAQ: PYPL) has received approval from the UK’s Financial Conduct Authority (FCA) to offer cryptocurrency services. Official FCA data shows that as of October 31, 2023, PayPal is registered for…
NEOM is set to pump $50 million into Animoca Brands as Animoca supports the region’s Web 3.0 and tech goals as part of Saud’s 2030 vision. Hong Kong-based game developer and venture capital company Animoca Brands Corporation Ltd has announced a strategic partnership with Saudi Arabia’s NEOM Investment Fund. The two entities are collaborating to…
DIGIcal Carriage Services (NYSE:CSV) operates funeral homes and cemeteries in the United States. The company has a strategy of acquiring small independent operators in the country to consistently grow the company’s earnings. Although the company has a very significant amount of long-term debt, I believe that the stock is relatively low in risk. I believe…
Healthcare Services Group, Inc. (NASDAQ:HCSG) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET Company Participants Ted Wahl – President and Chief Executive Officer Matt McKee – Chief Communications Officer Conference Call Participants Sean Dodge – RBC Capital Markets Andy Wittmann – Robert W. Baird Jack Senft – William Blair Operator Good morning….
According to the earnings report, Microsoft’s commitment to AI-driven solutions yielded remarkable results, with the Azure OpenAI Service witnessing a significant rise in its customer base. Microsoft Corp (NASDAQ: MSFT) performance in the fiscal Q1 2024 surpassed projections, triggering a significant surge of 6% in the company’s stock during the extended trading session on October…
Enterprise Financial Services Corp (NASDAQ:EFSC) Q3 2023 Earnings Conference Call October 24, 2023 11:00 AM ET Company Participants James Lally – President and Chief Executive Officer Scott Goodman – President of Enterprise Bank & Trust Keene Turner – Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jeffrey Rulis – D.A. Davidson &…
Sound Advisory / Unchained Unchained, a leading Bitcoin financial services provider, has launched its new service, Sound Advisory, per a press release sent to Bitcoin Magazine. This new platform offers registered investment advisor (RIA) services, specifically designed for investors looking to include bitcoin in their portfolios. The introduction of Sound Advisory comes at a time…
Streetoncamara This was the last of 12 health-insurance adjustments that pushed down core CPI and core services CPI; it will swing the other way next month. The Consumer Price Index (CPI) jumped by 0.40% in September from August, despite the ongoing ridiculous monthly adjustments to the health insurance CPI that caused it to collapse by…
Earlier this week, I sat down with Matthew Black, the Chief Technology Officer of Atomic.Finance, to discuss Discreet Log Contracts (DLCs), a cutting-edge development in Bitcoin’s often misunderstood smart contract ecosystem. Black unveils how DLCs are structured and set to revolutionize the world of financial agreements and transactions using the Bitcoin blockchain. The discussion spotlights…