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First Capital, Inc. latest news:
HSBC says first-half profit rose 5 percent, announces up to $2 billion share buyback
HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Monday said profit rose 5 percent in the first half of the year, beating analyst estimates, and announced its third share buyback in the past year on the back of a growing capital base.
Bank of America picks Dublin for EU hub
It becomes the first US bank to confirm the Irish capital as its preferred site for post-Brexit operations.
Biggest U.S. banks clear first hurdle in Fed's annual stress tests
WASHINGTON/NEW YORK (Reuters) - The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thursday.
UPDATE 1-Biggest U.S. banks clear first hurdle in Fed's annual stress tests
WASHINGTON/NEW YORK, June 22 (Reuters) - The 34 largest U.S.
banks have all cleared the first stage of an annual stress test,
showing they would be able to maintain enough capital in an
extreme recession to meet regulatory requirements, the Federal
Reserve said on Thursday.
IT defense contractor Vencore files for IPO
Virginia-based Vencore Holding Corp. has filed for an initial public offer, according to a late Wednesday filing. Vencore is a government information-technology contractor focusing primarily cybersecurity, data management, and systems support for U.S. intelligence agencies and departments such as Justice and Homeland Security, and it is the "prime contractor" for the U.S. Navy's Tomahawk program, according to the prospectus. The company reported sales of $1.17 billion in 2016, and $285 million in the first quarter of this year. Vencore is expected to trade on the New York Stock Exchange under the symbol VNCR. Private-equity group Veritas Capital Management owns Vencore. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Lakeland Industries says Q1 sales rose 12.7 pct to $23 mln
Lakeland Industries Inc(LAKE). * Lakeland Industries Inc(LAKE). reports strong growth in revenues, profits and free cash flow for fiscal 2018 first quarter financial results. * Q1 sales rose 12.7 percent to $23 million. * Q1 earnings per share $0.24. * Lakeland Industries Inc(LAKE) - total capital expenditures for fiscal year 2018 is budgeted at approximately $1.0 million.
Eurozone GDP marks fastest growth rate since 2015
Eurozone economic growth in the first quarter of 2017 reached its highest rate in more than a year, according to a final reading released by Eurostat on Thursday. Gross domestic product expanded by 1.9% on a year-over-year basis, the fastest growth since the fourth quarter of 2015. Analysts polled by FactSet had expected 1.7%. Household consumption expenditure and gross fixed capital formation contributed to the expansion, said Eurostat. Quarter-over-quarter, GDP increased 0.6%, higher than a previous estimate of 0.5% from Eurostat. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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