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PRA Group Appoints Vikram Atal To Succeed Kevin Stevenson As President And CEO
(RTTNews) - PRA Group, Inc. (PRAA) announced Monday that its board of directors has elected longtime board member Vikram Atal as its president and CEO, effective immediately. Atal replaces Kevin Stevenson, who has served as president and CEO since 2017 and is leaving the company.
Atal joined PRA Group's board in 2015 and served on the audit committee and as chair of the risk committee. Over his 27-year career at Citigroup, he led the North America card franchise and was also vice-chair of Citigroup's worldwide credit card franchise. He also served as a senior advisor to both McKinsey & Company and venture investment firm MissionOG.
Meanwhile, Stevenson co-founded PRA Group along with current PRA Group Board Chair Steve Fredrickson in 1996.
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Malaysia Bourse May Give Up Support At 1.600 Points
The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,615-point plateau and it's likely to see continued consolidation on Wednesday.
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1g 6 minut temu
Japan Stock Market May Extend Losing Streak
The Japan stock market has finished lower in three straight sessions, shedding more than 2,550 points or 5.2 percent along the way. The Nikkei 225 now rests just above the 48,700-point plateau and it's expected to open under water again on Wednesday.
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1g 25 minut temu
Continued Consolidation Called For KOSPI
The South Korea stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 220 points or 5.5 percent. The KOSPI sits just above the 3,950-point plateau and it may take further damage on Wednesday.
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1g 28 minut temu
Japan Trade Data Due On Wednesday
Japan will on Wednesday release October figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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2g 6 minut temu
Swiss Stocks Close Notably Lower On Weak Global Cues
The Switzerland market ended weak on Tuesday, in line with markets across Europe and elsewhere, as worries fears of Artificial Intelligence bubble, uncertainty about interest rates, and a lack of positive economic data rendered the mood bearish.
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6g 6 minut temu
European Markets Drop To Multi-week Lows On Growth Worries, Rate Uncertainty
European stocks closed weak on Tuesday, and several markets in the region dropped to multi-week lows, as worries about lofty valuations of Artificial Intelligence-related stocks, and uncertainty about interest rate moves by global central banks, including the Federal Reserve, rendered the mood cautious and forced investors to trim down long positions.
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6g 27 minut temu
TSX Down Nearly 0.5% Despite Coming Off Early Lows
The Canadian market continues to languish in negative territory a little past noon on Tuesday, despite recovering from early lows.
Worries about lofty valuations of AI-related stocks, and uncertainty about the Federal Reserve's upcoming interest rate moves weigh on sentiment, prompting investors to trim down positions.
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6g 58 minut temu
U.S. Homebuilder Confidence Unexpectedly Edges Higher In November
Homebuilder confidence in the U.S. has unexpectedly seen a modest improvement in the month of November, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index crept up to 38 in November after jumping to 37 in October.
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8g 17 minut temu
