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Credit Acceptance Announces Fourth Quarter and Full Year 2017 Earnings

Jan 30, 2018 21:05 pm UTC| Business

Southfield, Michigan, Jan. 30, 2018 -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $177.1 million, or...

Meta Financial Group, Inc.® Reports Net Income of $4.7 million for First Quarter of Fiscal 2018

Jan 30, 2018 21:05 pm UTC| Business

Robust Year-over-Year Revenue Growth of 42% Announced Strategic Acquisition of Crestmark Bancorp, Inc and Partnership Agreement with Liberty Lending SIOUX FALLS, S.D., Jan. 30, 2018 -- Meta Financial Group, Inc.®...

Plantronics Announces Third Quarter Fiscal Year 2018 Financial Results

Jan 30, 2018 21:05 pm UTC| Business

SANTA CRUZ, Calif., Jan. 30, 2018 -- Plantronics, Inc. (NYSE:PLT) today announced third quarter Fiscal Year 2018 financial results. Highlights of the third quarter include the following (comparisons are against the...

Wingstop Inc. Completes Recapitalization; Declares $3.17 Per Share Special Dividend

Jan 30, 2018 21:05 pm UTC| Business

DALLAS, Jan. 30, 2018 -- Wingstop Inc. (NASDAQ:WING) (the “Company” or “Wingstop”) today announced that its Board of Directors has approved a special cash dividend of $3.17 per share to stockholders in conjunction with...

Kornit Digital Announces Date for Fourth Quarter and Full Year 2017 Earnings Results

Jan 30, 2018 21:05 pm UTC| Business

ROSH-HAAYIN, Israel, Jan. 30, 2018 -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that...

Washington Trust Reports Fourth Quarter 2017 Earnings

Jan 30, 2018 21:05 pm UTC| Business

WESTERLY, R.I., Jan. 30, 2018 -- Washington Trust Bancorp, Inc. (Nasdaq:WASH), parent company of The Washington Trust Company, today announced fourth quarter 2017 net income of $8.0 million, or $0.46 per diluted share,...

LDJ Cayman Fund Ltd. Announces Investment in WePower, Green Energy ICO Innovator

Jan 30, 2018 21:05 pm UTC| Business

WePower Operates Blockchain-Based Green Energy Trading Platform NEW YORK, NY, Jan. 30, 2018 -- LDJ Cayman Fund Ltd., an investment fund focused on crypto asset investments, today announced that it has completed a...

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Economy

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,...

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

Politics

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...

Trump Signals Possible U.S.–Iran Nuclear Deal Amid Rising Tensions

U.S. President Donald Trump said on Tuesday that he believes Iran is interested in reaching a deal with the United States over its nuclear ambitions and ballistic missile program, signaling a potential opening for renewed...

Pride Flag Removed From Stonewall National Monument Sparks Backlash and Protest Plans

The removal of a large rainbow Pride flag from the Stonewall National Monument in New York City has ignited controversy, criticism, and renewed debate over LGBTQ rights in the United States. The flag, which flew above the...

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

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...

AST SpaceMobile Joins MSCI ACWI Index as Largest New Addition, Boosting Market Visibility

MSCI Inc. announced on Tuesday that satellite communications company AST SpaceMobile Inc. (NASDAQ: ASTS) has been added to its widely tracked MSCI All Country World Index (MSCI ACWI), marking a significant milestone for...

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...