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Westwood Holdings Group, Inc. Reports Third Quarter 2017 Results

Oct 25, 2017 20:15 pm UTC| Business

DALLAS, Oct. 25, 2017 -- Westwood Holdings Group, Inc. (NYSE:WHG) today reported third quarter 2017 revenues of $33.5 million compared to $31.8 million in the third quarter of 2016 and $33.8 million in the second...

Duke Realty Reports Third Quarter 2017 Results

Oct 25, 2017 20:14 pm UTC| Business

Quarterly Dividend Increased Closed First Tranche of Significant Industrial Acquisition Stabilized Occupancy of 98.0 Percent 15.9 percent Rent Growth on Leases INDIANAPOLIS, Oct. 25, 2017 -- Duke Realty...

Federal Home Loan Bank of Atlanta Declares a 5.01% Dividend for Third Quarter 2017

Oct 25, 2017 20:11 pm UTC| Business

ATLANTA, Oct. 25, 2017 -- The Board of Directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a third quarter 2017 cash dividend at an annualized rate of 5.01 percent. “The Bank is...

AXT, Inc. Announces Third Quarter 2017 Financial Results

Oct 25, 2017 20:10 pm UTC| Business

FREMONT, Calif., Oct. 25, 2017 -- AXT, Inc. (Nasdaq:AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the third quarter, ended Sept. 30, 2017. Third Quarter 2017...

MB Financial, Inc. Reports Results of Its 2017 Dodd-Frank Act Company-Run Stress Test

Oct 25, 2017 20:09 pm UTC| Business

CHICAGO, Oct. 25, 2017 -- MB Financial, Inc. (NASDAQ:MBFI), the holding company for MB Financial Bank, N.A., today announced the release of its company-run capital stress tests as required under the Dodd-Frank Wall...

First Citizens BancShares Declares Dividend

Oct 25, 2017 20:06 pm UTC| Business

RALEIGH, N.C., Oct. 25, 2017 -- The Board of Directors of First Citizens BancShares Inc. (Nasdaq:FCNCA) declared on Oct. 24, 2017, a quarterly dividend of 35 cents per share on the Class A and Class B common stock. The...

CM Finance Schedules Earnings Release of First Quarter Ended September 30, 2017

Oct 25, 2017 20:05 pm UTC| Business

NEW YORK, Oct. 25, 2017 -- CM Finance Inc (NASDAQ:CMFN) (the “Company”) today announced that it will release its financial results for the quarter ended September 30, 2017 on Tuesday, November 7, 2017 after the close of...

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Economy

U.S. Stock Futures Edge Lower Ahead of Key Q4 Earnings and Inflation Data

U.S. stock index futures slipped slightly on Sunday evening as investors turned cautious ahead of a pivotal week filled with major fourth-quarter earnings reports and crucial inflation data for December. The modest...

U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation

U.S. prosecutors have reportedly opened an investigation into Federal Reserve Chair Jerome Powell regarding the renovation of the central banks Washington, D.C. headquarters, according to a New York Times report published...

Gold Prices Hit Record High in 2026 as Safe-Haven Demand Surges

Spot gold prices surged more than 1% on Monday, reaching their first record high of 2026 at $4,563.61 per ounce, as investors flocked to the precious metal amid heightened geopolitical tensions and growing expectations of...

Trump Tightens Pressure on Cuba as Venezuelan Oil Supplies Halt

U.S. President Donald Trump has escalated pressure on Cuba by declaring that no more Venezuelan oil or money will flow to the Communist-run island, urging Havana to strike a deal with Washington before it is too late. The...

Vitol to Ship First U.S. Naphtha Cargo to Venezuela Under New Oil Supply Deal

Commodities trading giant Vitol is preparing to load the first shipment of U.S. naphtha bound for Venezuela this weekend, marking a significant step in efforts to revive the countrys oil industry. According to sources...

Politics

Who Is Li Chenggang? The Diplomat Shaping U.S.-China Trade Talks

Chinas lead trade negotiator Li Chenggang has emerged as one of the most influential figures in U.S.-China trade negotiations, despite a rocky moment last year that briefly threatened to derail high-level diplomacy. In...

Trump Weighs Military and Diplomatic Options as Protests Intensify in Iran

President Donald Trump said on Sunday that his administration is considering a wide range of responses to the growing unrest in Iran, including potential military options, as large-scale protests continue to spread across...

Trump Weighs Blocking Exxon Investment as Venezuela Deemed “Uninvestable”

U.S. President Donald Trump said on Sunday that he may consider blocking Exxon Mobil from investing in Venezuela, following comments made by Exxons chief executive during a recent White House meeting. The remarks have...

Jerome Powell Says Trump Administration Threatened Criminal Charges Over Fed Testimony

U.S. Federal Reserve Chair Jerome Powell said on Sunday that the Trump administration has threatened him with a potential criminal indictment connected to congressional testimony he delivered last summer, escalating an...

Russia Launches Overnight Air Attack on Kyiv, Causing Fire as Air Defenses Respond

Russia carried out an overnight air attack on Kyiv, Ukraines capital, triggering a fire in one of the citys districts, according to Ukrainian military officials on Monday. The assault is part of the ongoing Russia-Ukraine...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...

Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability

The U.S. Supreme Court has agreed to hear an appeal by Cisco Systems that could significantly reshape how American companies are held liable for alleged human rights abuses committed overseas. The case centers on the scope...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...