Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock

Reuters
Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore
SINGAPORE (Reuters) -Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore, Asia's main oil hub, to a joint venture between Indonesian chemicals firm Chandra Asri and Swiss miner and commodities trader Glencore. Reuters reported last August that Shell had hired Goldman Sachs to explore a potential sale of its refining and petrochemical plants in Singapore as part of a broader strategic review globally to become a lower-carbon operator.
Barrons.com
Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.
Palantir, a data analytics software company, continued to gain traction with its artificial-intelligence tools in the quarter ended in March. Palantir shares, which rallied 8.1% in Monday’s regular session, fell more than 15% on Tuesday. Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers.
Benzinga
George Soros' Ex-Employee Just Sold A Large Nvidia Stake: DruckenMiller Says It Was A 'Hell Of A Run'
Billionaire investor Stanley Druckenmiller, who runs the Duquesne Family Office, has tapped the brakes on his Nvidia Corp (NASDAQ:NVDA) investment as he believes the artificial intelligence revolution has gone too far too fast. What To Know: Druckenmiller has been betting on AI for more than a year with positions in Nvidia, Microsoft Corp (NASDAQ:MSFT) and other tech leaders. Recent quarterly filings show that he even bought call options in Nvidia stock to help boost his investment exposure. Tue
The Smart Investor
3 Singapore Companies That Conducted Acquisitions to Grow Their Business
We profile three Singapore businesses that announced acquisitions to grow their top and bottom lines. The post 3 Singapore Companies That Conducted Acquisitions to Grow Their Business appeared first on The Smart Investor.
BBC
FTX says it has billions more than owed to victims
The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.
Reuters
China's Country Garden aims to pay missed coupons by next week
HONG KONG (Reuters) -Embattled Chinese property developer Country Garden said it was unable to pay two onshore coupons due on Thursday, but China Bond Insurance Co would do so on its behalf if it missed paying within a grace period that ends next week. Such a move would be the first time the state-owned company has come to the rescue of an issuer under a Beijing-led programme launched in 2022 to bolster investor confidence, and analysts warned it could make future issuance harder. Country Garden, which defaulted on its $11 billion of offshore bonds and extended other onshore bond repayments late last year, said in a filing it was unable to pay onshore coupons due on Thursday, though it was still trying to raise funds.
Reuters SG
Singapore's DBS appoints Ping An Technology CEO as chief information officer
Singapore's biggest bank DBS Group said on Wednesday that it has appointed Ping An Technology's chairman and CEO Eugene Huang as its chief information officer (CIO) effective Friday. Huang, who is joining from Ping An Group, has over 36 years of technology and banking experience and will report to DBS Group CEO Piyush Gupta in his new role, DBS said in a statement on Wednesday. "His immediate focus will be to build on the work the bank has done since last year to strengthen our technology resiliency," Gupta said in the statement.
Robb Report
Defrauded FTC Customers Are Getting All of Their Money Back—Plus Interest
Sam Bankman-Fried's failed company has come up with the $8 billion that clients lost when the crypto exchange went bankrupt.
Yahoo Finance
Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earnings
Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
Barrons.com
Bitcoin Drops. Why the ‘Halving’ Hasn’t Boosted the Crypto.
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
The Smart Investor
4 US Growth Stocks That Can Lift Your Portfolio to New Heights
Looking for capital gains? These four growth stocks may just be right for your portfolio. The post 4 US Growth Stocks That Can Lift Your Portfolio to New Heights appeared first on The Smart Investor.
Reuters
Stocks and bonds wobble as global economy throws off mixed signals
LONDON (Reuters) -Investors have gone from bracing for a U.S. recession to positioning for the world's biggest economy to keep chugging along. European growth is also better than anticipated a few months ago, a challenge for traders trying to divine how much central bankers will lower interest rates. Many analysts said this would be the year U.S. growth buckled, after the same predictions proved woefully wrong in 2023.
CoinDesk
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.
The Telegraph
London’s stock market collapse is ‘massively overstated’, says Hunt
Concerns over the demise of London’s stock market are “massively overstated”, Jeremy Hunt has said.
INSIDER
The US dollar is so strong that China's central bank, among others, just keeps loading up on gold
Not just China, but other central banks, including Turkey and India, are loading up on gold amid a stronger US dollar.
GOBankingRates
I’m Part of the Upper Middle Class: Here’s What My Finances Look Like
While the exact threshold fluctuates based on factors such as local cost of living and inflation, those in the upper middle class typically have an estimated household income of $150,000 to $250,000....
AFP News
Japanese auto giant Toyota posts record net profit
Toyota reported record annual net profit of more than $30 billion on Wednesday but the world's largest automaker by sales warned that the current year would be less spectacular.For this year it expects net profit of 3.57 trillion yen, down 27.8 percent, because of investments in "growth areas" such as electric and hydrogen cars, as well as in "human capital".
GOBankingRates
Live Richer and Save More by Following Robert Kiyosaki, Ramit Sethi and 8 More AAPI Money Influencers
We're fortunate to live in a world in which a massive amount of financial knowhow is at our fingertips, and represented by a diverse group of voices. This month we're celebrating Asian American and...
GOBankingRates
Warren Buffett: How Investing in the S&P 500 Can Make You Rich
Warren Buffett has a fortune worth over $131 billion. He got there by consistently investing in the right companies throughout his multi-decade career. However, Buffett advises the average person...
Associated Press
Japanese automaker Nissan reports 92% jump in profit as sales surge
Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday. Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan Motor Co. said. For the January-March quarter, profit at Nissan, based in the port city of Yokohama, edged down slightly to 101.3 billion yen ($650 million) from 106.9 billion yen.

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Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock

Latest stories

Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore

Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.

George Soros' Ex-Employee Just Sold A Large Nvidia Stake: DruckenMiller Says It Was A 'Hell Of A Run'

3 Singapore Companies That Conducted Acquisitions to Grow Their Business

FTX says it has billions more than owed to victims

China's Country Garden aims to pay missed coupons by next week

Singapore's DBS appoints Ping An Technology CEO as chief information officer

Defrauded FTC Customers Are Getting All of Their Money Back—Plus Interest

Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earnings

Bitcoin Drops. Why the ‘Halving’ Hasn’t Boosted the Crypto.

4 US Growth Stocks That Can Lift Your Portfolio to New Heights

Stocks and bonds wobble as global economy throws off mixed signals

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

London’s stock market collapse is ‘massively overstated’, says Hunt

The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

I’m Part of the Upper Middle Class: Here’s What My Finances Look Like

Japanese auto giant Toyota posts record net profit

Live Richer and Save More by Following Robert Kiyosaki, Ramit Sethi and 8 More AAPI Money Influencers

Warren Buffett: How Investing in the S&P 500 Can Make You Rich

Japanese automaker Nissan reports 92% jump in profit as sales surge