Wed, December 11, 2024

by: Vanguard

Thousands empowered at finance workshop in Southern Nigeria

In a nation where financial literacy is crucial for economic growth, The Finance Workshop has emerged as a beacon of hope, equipping young Nigerians with the knowledge and skills to navigate the complex world of personal and business finance.

by: London Evening Standard

Specialist lender says motor finance scandal and Budget weighing on sector

S&U, which provides car finance through Advantage Finance, said trading conditions had been 'burdened' over the first half of its financial year.

by: Kiplinger

The Best Ways to Use Your Year-End Bonus (and the Worst)

Vacation' shouldn't be anyone's go-to for financial advice, but it does remind us how not to spend a holiday bonus.

by: Impacts

Fundraising Alternatives Every Founder Should Consider in 2025

As the global economy continues to adapt to a rapidly-shifting political climate and related market dynamics, entrepreneurs are left to navigate a volatile fundraising landscape that looks different than any year in recent memory.

by: Business Insider

Top Life Insurance Companies of 2024 | Comprehensive Reviews & Ratings

Instead, you can find the best option based on what you want or what you prioritize. Business Insider's editorial team has independently reviewed over 30 life insurance companies to find the best ...

by: MSN

IIM Indore's Executive Programme in Business Management: Gain leadership skills and strategic insights, push your career

IIM Indore's Executive Programme in Business Management equips professionals with leadership skills, strategic insights, and practical knowledge to excel in management. Take the next step in advancing your career today!

by: Yahoo Finance

GM to exit loss-making Cruise robotaxi business

Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.

by: Shields Gazette

Energy experts: Looking for Solar panels in Newcastle and Gateshead? Check this award-winning firm

If you've been thinking about solar panels or want to know more about how they could save on your energy bills, call in for a cuppa and a chat!

by: Business Today

War and disruption should be avoided, global priority to restore normalcy: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Wednesday underlined the need to restore normalcy in the world and highlighted the cost of war that has caused supply chain disruptions and higher inflation globally. "No way can there be enough justifiable ...

by: THE WEEK

What exactly are tariffs and how do they work?

A tariff is a "type of tax levied by a country on an imported good at the border," said Investopedia. Technically, there are two types of tariffs: a specific tariff, "levied as a fixed fee based on the type of item," and an ad valorem tariff, which is "levied based on the item's value."

by: Business Times

Bank of England set to stay in central bank slow lane and keep rates on hold

THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the United States. Read more at The Business Times.

by: Forbes

Circle And Binance Become A Stablecoin Power Couple

In an attempt to boost growth, the company behind the $41 billion digital dollar USDC is deepening its ties to Binance and its 240 million global users.

by: Business Line

Nisus Finance Services IPO listing today on BSE-SME: Price band of ?170-180

Tue, December 10, 2024

by: World Socialist Web Site

The speculative Bitcoin frenzy

The total size of the crypto market is estimated to be larger than the combined worth of Mastercard, Walmart and JPMorgan Chase.

by: Couriermail

Ride share company DiDi launches a new tow service to get you and your car home safely

Rideshare company DiDi is going the extra mile for its customers this summer, with a new tow service to get you and your car home safely after too many alcoholic drinks.

by: Yahoo

Half of Mayor Eric Adams' latest matching campaign fund claims deemed 'invalid'

Half of the claims for public matching funds that Mayor Eric Adams' reelection campaign submitted in the most recent reporting period were deemed "invalid" by the city's Campaign Finance Board, the highest rejection rate the mayor's team has faced to date,

by: Seeking Alpha

Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends

Aristocrats span all sectors, with BEN topping yields. Read why its strong dividend history and low price make it a December buy, despite analyst concerns.

by: The University of Chicago Chronicle

COP29 provides UChicago students with unique perspective on climate change and policy

More than two dozen University of Chicago students recently attended the 2024 United Nations Climate Change Conference—better known as COP29—which they described as an "eye-opening" yet "humbling" opportunity to learn about the inner-workings of policy and politics at a global scale.

by: Business Insider

I left a career at Amazon and Microsoft to start a hedge fund. After raising almost $10M in my first year, I'm never going back to Big Tech.

A former Amazon and Microsoft engineer shared how he transitioned from Big Tech to finance and raised almost $10 million in his first year.

by: The Motley Fool

Designer Brands (DBI) Q3 2024 Earnings Call Transcript

Good morning and welcome to the Designer Brands third quarter 2024 results conference call. All participants will be in a listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator instructions] Please also note, today's event is being recorded.

by: The Australian Financial Review

How Shanghai's ambition to be the 'future of finance' fell apart

The port city was meant to be China's answer to New York, but trade tensions and changing domestic priorities have taken a toll.

by: Business Line

RBI New Governor Live News: Sanjay Malhotra to be new RBI Governor, will replace Shaktikanta Das

by: WTOP News

Alaska Airlines will spread its wings by flying to Tokyo and Seoul beginning next year

NEW YORK (AP) — Alaska Airlines said Tuesday it will start new service to Tokyo and Seoul next year as part of a plan to boost international flights over the next several years. Alaska announced the new routes Tuesday as it raised its fourth-quarter ...

by: thenewhumanitarian

The loss and damage fund should open for business in 2025. Will it be fit for purpose?

2025 could see funds disbursed for the first time, but how will it work, who will benefit, and why is there so little money in its coffers?

by: MoneyWeek

The top stocks in the FTSE 100

After a year of strong returns for the UK's flagship index, which FTSE 100 stocks have posted the best performance in 2024?

by: ARLnow.com

CMIT Solutions: Understanding penetration testing and its importance for SMBs

In today's digital age, cybersecurity threats are a significant concern for businesses of all sizes. Small and medium-sized businesses (SMBs) are particularly vulnerable due to limited resources and expertise in cybersecurity.

by: CNN

Macy's is in deep trouble. It could be sitting on a goldmine

Macy's would be more valuable if it just shut down its business and sold everything off for parts. That's the argument activist investment firm Barington Capital and private equity firm Thor Equities said in a proposal Monday that called on the company to make drastic changes to boost its stock price.

by: AOL

Top Black professional organizations: Empowering careers and building community

The Black professional class has supported its members from the end of slavery to modern times by developing institutions parallel to their […]

by: CoinDesk

Keone Hon: Bridging DeFi and TradFi

Jump Trading quant raised $225 million in 2024 to build Monad, a high-performance blockchain trying to bring Wall Street's trading efficiency to crypto.

by: Yahoo Finance

Chevron Upgrades Pasadena Refinery to Increase Capacity, Feedstock and Product Flexibility

Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,

by: Business Today

LIC Bima Sakhi Yojana: Check how women can apply and earn a min. salary of Rs 7,000 per month

LIC plans to enroll 100,000 Bima Sakhi within the next 12 months and 200,000 over a span of three years as part of its women empowerment drive.

by: legit

UK pledges to cut government spending waste

UK government departments must find efficiency savings of five percent, finance minister Rachel Reeves insisted Tuesday, vowing to take an "iron fist" to public-spending waste. "I have no doubt that we can find efficiency savings within government spending of five percent and I'm determined to do so,

by: Insider Monkey

Seven Corners Capital's Q3 2024 Investor Letter

Seven Corners Capital, an investment management company, released its Q3 2024 investor letter. Seven Corners Capital's composite portfolio finished Q3 2024 increasing around 14%, while the S&P 500 increased by approximately 21%.

by: Reuters

Mauritius prime minister: previous government misstated GDP and public debt

Mauritius' previous government falsified the country's gross domestic product (GDP), budget deficit and public debt figures for years, its new prime minister said on Tuesday, accusing the former administration of practicing "voodoo economics".

by: The Globe and Mail

Business Brief: A growing backlash to DEI

Good morning. Walmart Inc. made waves last month when the retailer announced it was rolling back many of its diversity, equity and inclusion initiatives. As a backlash against DEI programs grows in the United States, signs of tumult are emerging in Canada. More on that below, but first:

by: Telangana Today

Hyderabad: CoEBF hosts banking and finance summit 2024 at ICFAI Business School

The summit featured discussions on empowering marginalized communities through self-help groups, the critical role of women-led initiatives, and the importance of balanced credit disbursement to mitigate over-indebtedness.

by: WISH-TV

Secretary of state spending includes millions in no-bid contracts

Indiana Secretary of State Diego Morales has awarded millions of dollars in contracts to IT companies without competitive bidding, while also receiving donations from the companies, and is seeking additional funding for increased staffing and modernizing online services.

by: Business Standard

LIC Bima Sakhi: 10th pass women can work and earn up to Rs 11,000 per month

"LIC Bima Sakhi Yojana is not only going to create new livelihood opportunities for rural women but will also increase the reach of insurance in the deprived areas of India," said Pankaj Dhingra, CA & US CPA, Managing Partner at FinTram Global LLP.

by: Forbes

Planning Your Business Exit: A Professional And Personal Perspective

For many entrepreneurs, the idea of selling their business is both daunting and bittersweet. After all, businesses are built with immense pride, sacrifice and an investment of tim

by: businessday

What to know as Dangote Sugar shops for N50bn from CPs issuance

Dangote Sugar Refinery Plc (DSR) is currenting in the market shopping for N50billion from series 6, 7 Commercial Paper

by: 24/7 Wall St

My bank contacted me to tell me about an old credit card that has $70k on it and here's what I did

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers. Finding a big heap of forgotten cash would be a dream come true for many,

by: inc42

Zepto HR Head Martin Dinesh Gomez Resigns

Zepto's chief human resource officer Martin Dinesh Gomez has stepped down after serving less than a year at the quick commerce startup

by: Kiplinger

How to Guard Against Identity Theft in 2025

What are the most common identity theft schemes? Our most recent contact center data shows that 51% of personally identifiable information (PII) compromises — which take place w

by: The Boston Globe

Sales of Barbara Lynch's last two restaurants are 'in limbo' amid tax lawsuit

The chef's group racked up $1.4 million in unpaid taxes, jeopardizing deals to save Beacon Hill fine dining institution No. 9 Park and South End seafood joint B&G Oysters.

by: businesstech.co.za

Power your farm's future: Access grants, finance and expert guidance for solar power

Standard Bank's PowerPulse has entered a pilot partnership with The Land Bank, which has been tasked with distributing the R1.2 billion Agro Energy Fund (AEF) to qualifying agricultural businesses, to help them fund the purchase of capital equipment and infrastructure for alternative energy sources directly linked to energy-intensive farming operations.

by: The New York Times

How Crypto Insiders Turned 'Debanking' Into a Political Storm

Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.

by: Finance & Commerce

Lying, Cheating, & Stealing: A Tale As Old As Time

Lying, Cheating, and Stealing. A few decades ago, one of the founders of Anthony Ostlund Louwagie Dressen & Boylan P.A., Joe Anthony, launched the Lying, Cheating, & Stealing Seminar to bring together top legal minds in Minnesota to share innovative approaches and strategies for handling lawsuits involving liars,

by: MSN

Iliad Partners Launches US$50 Million MENA VC Fund

Iliad Partners, a UAE-based venture capital firm, announced the launch and first close of its US$50 million Iliad Partners Tech Ventures Fund I. The Iliad Fund is set to fuel early-stage business-to-business (B2B) software startups,

Designer Brands (DBI) Q3 2024 Earnings Call Transcript

Good morning and welcome to the Designer Brands third quarter 2024 results conference call. All participants will be in a listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator instructions] Please also note, today's event is being recorded.

The Q3 2024 earnings call for Designer Brands Inc. (DBI) highlighted several key points. CEO Doug Howe discussed the company's strategic initiatives, including the acquisition of Keds and the expansion of their owned brands, which now account for 25% of total sales. Despite a challenging retail environment, DBI reported a slight increase in net sales to $786.3 million, up from $783.4 million the previous year, driven by growth in their owned brands and a 1.7% increase in comparable sales. However, the gross margin decreased due to higher promotional activity. The company also focused on cost management, with SG&A expenses decreasing as a percentage of sales. DBI is optimistic about future growth, particularly through their DSW segment, which saw a 1.5% comp increase, and through expanding their direct-to-consumer channels. They are also investing in technology and customer experience enhancements to drive long-term growth. The call concluded with a Q&A session where analysts inquired about inventory levels, the impact of acquisitions, and future growth strategies.

Read the Full The Motley Fool Article at:
https://www.fool.com/earnings/call-transcripts/2024/12/10/designer-brands-dbi-q3-2024-earnings-call-transcri/


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Q3 2024 Earnings Call Transcript December 6, 2024 Operator: Good morning. My name is Amanda and I will be your conference operator today. At this time, I'd like to welcome everyone to the Victoria's Secret & Company's Third Quarter 2024 Earnings Conference Call.