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Piedmont Office Realty Trust Prices $400M Notes Offering By Investing.com
Piedmont Office Realty Trust (PDM) Prices $400M Notes Offering Piedmont Office (NYSE:) Realty Trust, Inc. (the “Company” or “Piedmont”) (PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 9.250% senior unsecured notes due 2028 at 99.000% of the principal…

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Stocks making the biggest moves after hours: IBK, WAL, OMC
Western Alliance Bank’s logo is seen on a smartphone. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after hours. Interactive Brokers — Interactive Brokers slid 2.6% after the brokerage firm’s second-quarter earnings missed estimates. The firm reported adjusted earnings of $1.32 per share, weaker than consensus estimates of $1.40 per share, according to…

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Silvergate Who? Meet The Pennsylvania Bank That's Taking Crypto By Storm
According to a Bloomberg report, a small Pennsylvania-based bank has emerged as a top choice for crypto businesses, following the collapse of two other crypto-friendly lenders, Silvergate Capital Corp. and Signature Bank. Customers Bank is a Pennsylvania-based bank that was founded in 1997 as New Century Bank. The bank changed its name to Customers Bank in 2011, reflecting its focus on building…

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India seizes opportunity in surging study abroad market as global education industry flourish
Over the years, more and more students from India have opted to study abroad in foreign universities and colleges seeking international educational experiences to broaden their perspectives, enhance their skills, and build connections in a globalized world. This is helping them embrace study programs in renowned institutions globally as they are gaining exposure to diverse cultures, knowledge…

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Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO Charles d’Haussy
The dYdX Foundation, an independent decentralized finance (DeFi) nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts dYdX ahead of schedule for the impending launch of the v4 mainnet, something the foundation claims represents complete decentralization for dYdX. As Cointelegraph recently reported,…

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Microsoft Stock Spikes To Record High On AI Pricing Details
Microsoft (MSFT) stock surged Tuesday after the software giant detailed how it plans to monetize its innovations in artificial intelligence. X At the company’s Inspire conference, Microsoft gave pricing information around its AI technology. The Redmond, Wash.-based company will charge enterprise customers $30 a month for each user of Microsoft 365 Copilot, an AI-based productivity tool,…

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Granite bags $23M contract from Caltrans to upgrade Highway 101 in Mendocino (NYSE:GVA)
Granite (NYSE:GVA) has secured a contract from the California Department of Transportation to upgrade Highway 101 in Mendocino. The contract has a value of $23 million. Project funding will come from the Federal Highway Administration and is expected to be included in the company’s second-quarter CAP. The company will upgrade four miles of median barrier and resurface a ten-mile section…
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Kering tries to fix Gucci with management overhaul
Receive free Luxury goods updates We’ll send you a myFT Daily Digest email rounding up the latest Luxury goods news every morning. French luxury group Kering has announced a major management overhaul, parachuting in a transitional leader at Gucci to fix underperformance at its biggest brand and naming two deputy chief executives. The moves unveiled by chair and chief executive François-Henri…

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Illinois law eliminating cash bail upheld by state's high court By Reuters
© Reuters. Illinois Governor J.B. Pritzker speaks on the day U.S. President Joe Biden delivers an economic policy speech at The Old Post Office in Chicago, Illinois, U.S., June 28, 2023. REUTERS/Leah Millis/File Photo By Joseph Ax (Reuters) – Illinois’ top court on Tuesday upheld a 2021 state law that eliminated cash bail and ordered that it take effect in September, clearing the way for the…

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NYC illegal cannabis entrepreneur to pay back $400,000
A New York City entrepreneur who illegally sold marijuana at a dozen shops across Manhattan must pay more than $400,000 in taxes and proceeds from illicit sales of cannabis, as part of a crackdown on the thousands of unlicensed operations across the city. The Manhattan District Attorney’s Office announced Tuesday that business owner Rami Alzandani would not face litigation as part of a…

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State Street Corporation (STT) Q2 2023 Earnings Call Transcript
State Street Corporation (NYSE: STT) Q2 2023 earnings call dated Jul. 14, 2023 Corporate Participants: Ilene Fiszel Bieler — Global Head of Investor Relations Ronald P. O’Hanley — Chairman and Chief Executive Officer Eric Aboaf — Vice Chairman and Chief Financial Officer Analysts: Brennan Hawken — UBS Securities, LLC (U.S.) — Analyst Alexander Blostein — Goldman Sachs & Co. (U.S.) — Analyst Rob…

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Trump criminal case judge hears bid to delay trial past election
Attorneys for former President Donald Trump Chris Kise (C) and Todd Blanche (R) arrive at The Alto Lee Adams Sr. United States Courthouse on July 18, 2023 in Fort Pierce, Florida. Joe Raedle | Getty Images The judge presiding over Donald Trump’s federal criminal case appeared skeptical Tuesday of the former president’s argument that the trial over his handling of classified documents should be…

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The European Commission’s Web4 strategy might be a flop
On July 11, the European Commission formally adopted its new strategy on Web4 and virtual worlds with the aim of ensuring “an open, secure, trustworthy, fair and inclusive digital environment” for European Union citizens. The strategy is based on four main pillars, revolving around the empowerment of human resources, support of businesses, further development of public services, and shaping of…

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ICICI Lombard Q1 Results: Net income jumps 11.8% to Rs 390 crore as premiums rise - check highlights
ICICI Lombard Q1 Results: Leading general insurance company ICICI Lombard on Tuesday reported an 11.8 per cent growth in net income at Rs 390 crore for the three months ended June, driven by capital gains from investments and a higher premium income. Gross Direct Premium Income (GDPI) or premium income rose 18.9 per cent at Rs 6,387 crore, beating the industry growth of 17.9 per cent in the June…

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United Community Banks GAAP EPS of $0.53 misses by $0.07, revenue of $213.92M misses by $27.67M
United Community Banks GAAP EPS of $0.53 misses by $0.07, revenue of $213.92M misses by $27.67M #United #Community #Banks #GAAP #EPS #misses #revenue #213.92M #misses #27.67M
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Eye Disease Drugmaker’s Value Halved After Severe Reactions
(Bloomberg) — Apellis Pharmaceuticals Inc. shares suffered their worst two-day drop on record after confirming reports that some patients experienced severe inflammation following treatment with its eye drug. Most Read from Bloomberg The slump is welcome news for traders betting against Apellis. The biopharmaceutical firm’s stock sank 24% on Tuesday, extending its two-day decline to 53%, erasing…

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Celsius Reaches $25 Million Settlement with Series B Holders for GK8 Sale Proceeds Allocation
The bankrupt cryptocurrency lender Celsius, its creditors, and its Series B holders have reached a settlement with regard to the distribution of $25 million in proceeds from the sale of crypto custodian GK8. According to the filing, the settlements seek to deploy $24 million for legal expenses while allocating the rest of $1 million among the Series B holders. The court document also states that…

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