Malvern Bancorp Swings To Profit In Q4
(RTTNews) - Malvern Bancorp, Inc. (MLVF) reported Friday fourth-quarter net income of $2.58 million or $0.34 per share, compared to a net loss of $6.19 million or $0.82 per share in the prior-year quarter.
Net interest income for the quarter grew to $7.91 million from $6.83 million in the same quarter last year.
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Google To Invest $2 Bln In Malaysia Towards AI, Cloud Services
Google announced its plan to invest $2 billion in Malaysia for cloud computing services and data centers with a view to meeting the soaring demand for AI and cloud services. It is expected that these investments and programs would contribute more than $3.2 billion to Malaysia's GDP and support 26,500 jobs by 2030.
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4ч 12мин назад
U.S. Weekly Jobless Claims Show Modest Increase
First-time claims for U.S. unemployment benefits crept modestly higher in the week ended May 25th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 219,000, an increase of 3,000 from the previous week's revised level of 216,000. Economists had expected jobless claims to inch up to 218,000.
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4ч 33мин назад
U.S. Steel-Nippon Steel Merger Receives All Non-U.S. Regulatory Approvals
United States Steel Corp. (X) and Nippon Steel Corp. announced Thursday that they have received all regulatory approvals outside of the United States related to the proposed transaction between U. S. Steel and Nippon Steel.
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4ч 34мин назад
U.S. GDP Growth Slows More Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed U.S. economic growth slowed by more than previously estimated in the first quarter of 2024. The Commerce Department said gross domestic product climbed by 1.3 percent in the first quarter compared to the previously reported 1.6 percent jump.
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4ч 50мин назад
Eurozone Economic Confidence Rises, Jobless Rate Falls
Euro area economic confidence improved in May as the economy recovered from a recession and the unemployment rate dropped slightly in April, separate data showed on Thursday. The economic confidence index rose less-than-expected to 96.0 in May from 95.6 in the previous month, survey results from the European Commission revealed. The reading was forecast to improve more sharply to 96.2.
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5ч 7мин назад
FTAI To Buy Lockheed Martin Commercial Engines Solutions From Lockheed Martin Canada For $170 Mln
FTAI Aviation Ltd. (FTAI) announced Thursday an agreement to purchase Lockheed Martin Commercial Engine Solutions or LMCES, from Lockheed Martin Canada Corp. for a purchase price of $170 million.
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5ч 14мин назад
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to turn in a mixed performance in early trades Thursday, with investors reacting to earnings updates from major banks, and digesting U.S. and Canadian economic data.
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5ч 29мин назад
OSI Systems Secures $42 Mln Airport Security Systems Contract From An International Airport
OSI Systems, Inc. (OSIS) announced Thursday that its Security division was awarded a contract from an international airport for approximately $42 million to provide a range of checkpoint and hold baggage screening solutions.
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5ч 40мин назад
