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Sammaan Capital raises $150 million through QIP; Capital Group, Marshall Wace and BlackRock top investors
US-based investment firm Capital Group, London-based hedge fund Marshall Wace, and BlackRock, the world’s largest asset manager, emerged as key investors in the recently concluded qualified institutional placement (QIP) of mortgage lender Sammaan Capital, bankers involved in the transaction told ET. The Mumbai-based housing finance company, formerly known as Indiabulls Housing Finance, successfully raised $150…
April Vehicle Forecast: Sales at 17.4 million SAAR, Up 8.6% YoY
by Calculated Risk on 4/23/2025 06:31:00 PM From WardsAuto: Pre-Tariff U.S. Light-Vehicle Sales Surge Continues in April, Sapping Dealer Inventory (pay content). Brief excerpt: If the forecast holds firm, inventory will fall below the year-ago month for the first time in nearly three years. Less inventory could take pressure off automakers and dealers to limit…
Las Vegas in June: Visitor Traffic Down 11.3% YoY; Convention Traffic Down 10.7% YoY
by Calculated Risk on 7/30/2025 03:36:00 PM From the Las Vegas Visitor Authority: June 2025 Las Vegas Visitor Statistics Reflecting the broader backdrop of persistent economic uncertainty and weaker consumer confidence, compounded by a slower convention month, the destination saw a ‐11% YoY decline in visitation, hosting approximately 3.1M visitors. Convention attendance was approx. 375k…
News (NASDAQ:NWS) Announces Quarterly Earnings Results
News (NASDAQ:NWS – Get Free Report) issued its earnings results on Wednesday. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.01). News had a return on equity of 4.76% and a net margin of 3.49%. Source link
