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Scorpio Tankers Inc. Announces Fourth Quarter 2017 Earnings Release and Conference Call on February 14, 2018

Jan 29, 2018 21:15 pm UTC| Business

MONACO, Jan. 29, 2018 -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the "Company") announced today that the Company plans to issue its fourth quarter 2017 earnings before the market open on Wednesday,...

Bridge Bancorp, Inc. Reports Fourth Quarter and Year End 2017 Results With Record Revenues

Jan 29, 2018 21:15 pm UTC| Business

BRIDGEHAMPTON, N.Y., Jan. 29, 2018 -- Bridge Bancorp, Inc. (NASDAQ:BDGE), (the “Company”), the parent company of BNB Bank (“BNB”), today announced fourth quarter and year end results for 2017. The Company's fourth...

ARMOUR Residential REIT, Inc. Announces February 2018 Dividend of $0.19 Per Common Share

Jan 29, 2018 21:15 pm UTC| Business

VERO BEACH, Florida, Jan. 29, 2018 -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (“ARMOUR” or the “Company”) today announced the February 2018 cash dividend for the Company’s Common Stock, which...

Northrim BanCorp Earns $13.2 million, or $1.88 per Diluted Share, in 2017 Gain from Sale of Subsidiary, Revaluation of Deferred Tax Assets, and Other Non-Operating Items Impact Profits

Jan 29, 2018 21:15 pm UTC| Business

ANCHORAGE, Ala., Jan. 29, 2018 -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported profits for both the fourth quarter and full year in 2017. Net income attributable to the Company ("net...

SPX to Report Fourth Quarter and Full-Year 2017 Results and Present 2018 Financial Guidance on February 15th

Jan 29, 2018 21:15 pm UTC| Business

CHARLOTTE, N.C., Jan. 29, 2018 -- SPX Corporation (NYSE:SPXC) announced today that it will release its fourth quarter and full-year 2017 financial results after market close on Thursday, February 15, 2018. SPX...

Navios Maritime Containers Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2017

Jan 29, 2018 21:10 pm UTC| Business

Acquired seven containerships for $128.0 millionGrew fleet by 50% in Q4 (14 to 21 vessels at year end)Increased available days by 66% in Q4 (from 862 days in Q3 to 1,434 days in Q4)$9.9 million EBITDA for Q4; $18.7 million...

John B. Sanfilippo & Son, Inc. 2nd Quarter Fiscal 2018 Operating Results Conference Call

Jan 29, 2018 21:10 pm UTC| Business

Elgin, IL, Jan. 29, 2018 -- JOHN B. SANFILIPPO SON, INC.NEWS RELEASE COMPANY CONTACT: Michael J. Valentine Chief Financial...

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Economy

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

Yen Strengthens as Japan Election Boosts Confidence, Dollar Wavers Ahead of U.S. Jobs Data

The Japanese yen held onto solid gains on Wednesday, supported by a strong rally in Japans stock market and growing optimism over the countrys political outlook following Prime Minister Sanae Takaichis landslide election...

Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment

Oil prices edged slightly higher on Wednesday as traders remained cautious, balancing ongoing U.S.Iran nuclear talks with fresh geopolitical risks and upcoming U.S. inventory data. Brent crude futures gained 23 cents, or...

China CPI Growth Slows While Producer Deflation Eases in January

Chinas inflation data for January showed a mixed picture, with consumer price growth moderating while factory-gate deflation continued to ease, according to figures released by the National Bureau of Statistics on...

Gold and Silver Prices Rise as Falling U.S. Yields Signal Softer Economy Ahead of Key Jobs Data

Gold and silver prices moved higher on Wednesday as declining U.S. Treasury bond yields boosted demand for precious metals, following economic data that pointed to a cooling U.S. economy. Investors closely watched the...

Politics

FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates

The Federal Aviation Administration has confirmed that its contract with national security firm Peraton, the project manager for a sweeping $12.5 billion modernization of the U.S. air traffic control system, is valued at...

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

Tulsi Gabbard Winds Down Controversial Intelligence Task Force Amid Political Scrutiny

U.S. Director of National Intelligence Tulsi Gabbard has confirmed that she has wound down the Directors Initiatives Group (DIG), a task force she launched last year to combat what she described as politicization within...

Zelenskiy Orders Overhaul of Ukraine’s Air Defence as Russian Attacks Intensify

Ukrainian President Volodymyr Zelenskiy has convened senior military and government officials to address critical weaknesses in Ukraines air defence systems and civilian protection nearly four years into Russias full-scale...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...

xAI Co-Founder Jimmy Ba Departs as Elon Musk’s AI Startup Faces Turbulence

Jimmy Ba, a co-founder of xAI, announced on Tuesday evening that he is leaving the artificial intelligence startup, becoming the sixth founding member to exit the company in recent months. Ba shared the news in a post on...

Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year

Samsung Electronics expects strong demand for memory chips to remain robust throughout this year and extend into next year, driven largely by the rapid expansion of artificial intelligence technologies, according to a...