Finance Debt

BlueLinx Announces First Quarter 2021 Results

Net Sales Exceed $1 billion, Highest Q1 Since 2006 Record Net Income of $62 million and Adjusted EBITDA of $107 million More than $100 million decrease in Total Outstanding Bank Debt year over year MARIETTA, Ga., May 04, 2021 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE:BXC), a leading U.S. wholesale …

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Developer linked to Texas Attorney General Ken Paxton Charged Judge Others of Fraud – NBC 5 Dallas-Fort Worth

An Austin real estate developer at the center of recent allegations against Texas Attorney General Ken Paxton has called for an investigation into his unsubstantiated claims that other businessmen have an elaborate plot to steal $ 200 million from its properties with the help of a federal judge. The Associated …

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Texas expects debt issuance to increase this fiscal year

Texas plans to issue about $ 5.17 billion in debt in fiscal 2021, an increase of $ 491.2 million or 10.5% from the previous year’s amount, according to the Texas Bond Review Board. Annual Report. The annual report published each December lists the public and local debt during the fiscal …

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Can AstraZeneca win in the U.S. COVID vaccine market after its efficacy results fiasco?

AstraZeneca (NASDAQ: AZN) last week announced its first interim efficacy results for its COVID-19 vaccine. But the National Institutes of Health (NIH) quickly released a statement that appeared to slap the drugmaker for not including more up-to-date results. In this Motley Fool Live video registered on March 24, 2021Motley Fool …

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3 Reasons Tencent Music’s Revenue Won’t Impress

Tencent Music Entertainment (NYSE: TME) hit a new all-time high on Tuesday, only to pull back gains after posting disappointing financial results. China’s first music streaming service arrived with the kind of numbers its peers would love to generate, but it just wasn’t enough. Revenue grew 50.5% to $ 785 …

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Moody’s expects India’s fiscal position to remain weak

NEW DELHI: Moody’s Investors Service says India’s weak fiscal position (negative Baa3) will remain a major credit challenge in 2021. According to Moody’s, the outlook for budget consolidation remain low, particularly in view of the governmentmixed results of the implementation of revenue raising measures. Although the government has not provided …

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India Bulls-Embassy group pact strengthens hopes for real estate consolidation

The merger is expected to be finalized by the second quarter of fiscal 2022. India Bulls Real Estate (IBREL) and Embassy Group have announced the terms of their merger, amid the first signs of consolidation in the real estate sector. The deal could trigger a wave of consolidation efforts in …

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The proportion of university graduates with “excessive” debt is increasing

The growing public interest in student loans in recent years can be explained by some numbers that really matter (like crossing the threshold of $ 1 trillion in the amount of total outstanding loan debt) and some that are less significant (anecdotal reports of occasional baristas who have racked up …

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