May 2022

Karbon Card, a fintech company specializing in corporate cards, has raised Rs 55 crore in a debt financing round from Northern Arc Capital, UC Inclusive Credit Private Limited and Oxyzo Financial Services. UCIC, incubated by Unitus Capital,…

On November 19, 2021, the Company closed a bridge financing round totaling $3.1 million of a Series D preferred stock sold to investors in a private placement. Each Series D Unit will have a purchase price of $1.00 per Unit, with each Unit…

electronic gain (NASDAQ:EGAN – Get a rating) updated its earnings guidance for the fourth quarter of 2022 on Monday. The company provided EPS guidance of -0.02-$0 for the period, compared to the consensus EPS!-->…

gorodenkoff/iStock via Getty ImagesThis article follows on from my previous coverage on ProPhase Labs (NASDAQ:PRPH), so if you're new to the business, please start with the previous articles. The big news I want to cover here is the…

News Clint Chan Tack 9 hours ago Head of Government Affairs Camille Robinson-Regis - HOUSING MINISTER Camille Robinson-Regis and Oropouche East MP Dr Roodal Moonilal argued over money!-->!-->!-->!-->!-->!-->!-->!-->!-->…

ANN/HILIPPINE DAILY INQUIRER – As debt piled up at a faster rate than economic growth in the first quarter, the Philippines' outstanding bonds as a percentage of gross domestic product (GDP) soared further to 63.5%!-->!-->…

By JAMES ANYANZWA Safaricom, Kenya's largest telecommunications company, is seeking to raise up to $2 billion from local banks and development finance institutions (DFIs) over five years to fund its Ethiopian subsidiary, which is…

A film investor has sued former Weinstein Co. executive David Glasser, now CEO of "Yellowstone" producer 101 Studios, alleging he failed to repay a personal loan despite repeated assurances. Glasser is best known as producer of the…

References to the "Company", "us", "our" or "we" refer to Alpha Capital Acquisition Company. The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the unaudited…

STRONG POINTS: The CFPB announced an $11 million resolution of Telemarketing Sales Rule and Consumer Financial Protection Act claims against debt relief payment processors and two individuals for allegedly collecting fees inappropriate…

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said "volatility is far from synonymous with risk." It's natural to consider a company's balance sheet when looking at its…

Washington, DC (May 11, 2022) – The United States Government Accountability Office (GAO) today released its 12and Annual Report identify opportunities to reduce fragmentation, overlap and duplication within the federal government and…

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said "volatility is far from synonymous with risk." When we think of a company's risk, we always like to look at its use of…

By John Stossel Did you know that in some states, if you miss a tax payment, local politicians will take your house, sell it, and keep all the profits? Really. Tawanda Hall was behind on his taxes. She was on a payment plan but had…

With real estate prices rising in nearly every corner of the country, it's natural to wonder if you should be tapping into some of the growing equity in your home. This is especially true if you bought your way into the housing market…

News Ken Chee Hing 4 hours ago Judge Frank Seepersad - A High Court judge will rule in July on whether civil procedure rules allow a motion for contempt of court for non-payment of a!-->!-->!-->!-->!-->!-->!-->!-->!-->…

(Amman) – Jordan should commit to fully ending debt imprisonment before the current moratorium expires in June 2022, Human Rights Watch said today. Parliament passed amendments to the main law that makes imprisonment for…

Berkshire Hathaway's Charlie Munger-backed outside fund manager Li Lu is quick to say, "The biggest risk in investing isn't price volatility, but whether you're going to suffer a permanent loss of capital ". It's natural to consider a…

Rating agency cites 'fundamental improvement' in government fiscal outlook SPRINGFIELD – Fitch Ratings on Thursday raised the state of Illinois' rating for general obligation bonds by two notches, to BBB+, making it the second rating…

In a surprise move, RBI announced on Wednesday May 4 an increase of 40 basis points in the pension rate. While the repo rate is the rate at which RBI lends to commercial banks, the move is expected to make borrowing costly. The news came…

Masonite International (NYSE: GATE – Get a rating) released its quarterly results on Tuesday. The company reported earnings per share (EPS) of $2.89 for the quarter, beating the Zacks consensus estimate of $1.97 by!-->…

Auto parts maker Varroc Engineering will fully pay off its debt if it manages to sell a large part of its lighting business. The Aurangabad-based company, headed by Tarang Jain, has signed an agreement with French company Compagnie Plastic…

Patton Troy Patton, a member of Westfield City Council, gave a presentation on Grand Park's finances at the council's finance committee meeting on May 2 and acknowledged what many ratepayers have questioned since the opening…

As state lawmakers on Monday moved to cut taxes for working families and motorists, the new budget they plan to pass will not do as much for businesses and private sector workers on the front lines of the pandemic – even if the…

The arrest last week of the founder of investment firm Archegos on charges of securities fraud is a stark reminder of the hidden debt. In March 2021, Archegos was overleveraged, allegedly hiding its debt from Wall Street firms as it used…

Wall Street brokers expect Minerva Surgical, Inc. (NASDAQ: UTRS - Get Rating) to report ($0.31) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts provided!-->…