ATN International First Quarter 2024 Earnings: Misses Expectations

Yahoo Finance AU
Former RBA governor's bleak interest rate rise prediction
Philip Lowe warned the fight against inflation 'isn't done' yet.
GOBankingRates
In 5 Years, These 8 Stocks Will Be More Valuable Than Amazon
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...
Yahoo Finance AU
RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update
The Reserve Bank of Australia (RBA) has kept the cash rate on hold at a 12-year high of 4.35 per cent.
Reuters
BHP insists Anglo American's South African assets must go in any takeover, sources say
BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed on the miner's thinking said. The "Big Australian" was rebuffed by its smaller rival on April 26 after submitting a $39 billion takeover proposal, in a plan seen as complex because it required Anglo to offload its shares in Kumba Iron Ore and Anglo American Platinum (Amplats) to Anglo American's shareholders before any deal took place. Anglo American owns 78.6% of Amplats and 69.7% of Kumba.
Reuters
Australia's ANZ unveils $1.3 billion buyback after half-year earnings meet estimates
(Reuters) -ANZ Group on Tuesday unveiled a new A$2 billion ($1.32 billion) share buyback after the bank's first-half cash earnings largely met analyst estimates, but flagged its concerns about challenges in Australian and global economies. Cash profit fell 7% to A$3.55 billion ($2.35 billion) for the six months ended March 31, only slightly above a Visible Alpha consensus estimate, compiled by UBS, of A$3.54 billion. "Both the domestic and international environments are expected to remain challenging across the remainder of the year," ANZ CEO Shayne Elliott said.
Reuters
Westpac raises share buyback by $661 million even as costs and competition bite
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year earlier, while net interest income remained largely flat at A$9.13 billion.
GOBankingRates
8 Purchases Boomers Should Never Make During Retirement
Once they retire, many seniors change their spending patterns quite a bit. There's nothing inherently wrong with this, as long as they remain within their retirement budget. See: The 4 Types of Bank...
NCA NewsWire
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Reuters
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday. Trump Media & Technology Group said in a filing with the SEC on Monday that it had switched to Semple, Marchal & Cooper on Saturday. The change was recommended and approved by the company's audit committee.
Reuters
US STOCKS-S&P 500, Dow futures inch higher ahead of Walt Disney results
Futures tracking the S&P 500 and Dow edged higher on Tuesday, ahead of quarterly results from Walt Disney, while expectations of the Federal Reserve's interest rate cuts this year helped support market sentiments. The three main U.S. stock indexes closed at their strongest level in more than three weeks on Monday, after a weaker-than-expected labor market report last week fueled bets that the U.S. central bank will ease monetary policy later this year.
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Investors in Big River Industries (ASX:BRI) have seen notable returns of 90% over the past five years
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Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?
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Three Leading Canadian Dividend Stocks With Yields Up To 5.5%
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Bloomberg
Banks Illegally Shorted $156 Million of Stocks, South Korea Probe Finds
(Bloomberg) -- South Korea’s financial watchdog said it has so far uncovered 211.2 billion won ($156 million) worth of illegal short trades by nine global investment banks, providing its latest formal update on a probe that began late last year.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallFrance’s Macron Calls for Reset of Economic Tie
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Everton buyers accused of 'fraud' in court filing
Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.
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Momentum Metropolitan Holdings Limited (JSE:MTM) On An Uptrend: Could Fundamentals Be Driving The Stock?
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Fugro N.V.'s (AMS:FUR) institutional investors lost 3.4% over the past week but have profited from longer-term gains
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Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle
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There Are Reasons To Feel Uneasy About Intel's (NASDAQ:INTC) Returns On Capital
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ATN International First Quarter 2024 Earnings: Misses Expectations

ATN International (NASDAQ:ATNI) First Quarter 2024 Results

Key Financial Results

ATN International Revenues and Earnings Miss Expectations

Risk Analysis

Latest stories

Former RBA governor's bleak interest rate rise prediction

In 5 Years, These 8 Stocks Will Be More Valuable Than Amazon

RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update

BHP insists Anglo American's South African assets must go in any takeover, sources say

Australia's ANZ unveils $1.3 billion buyback after half-year earnings meet estimates

Westpac raises share buyback by $661 million even as costs and competition bite

8 Purchases Boomers Should Never Make During Retirement

‘Call us’: Major bank’s plea to homeowners

Trump Media dismisses auditor BF Borgers amid SEC fraud charges

US STOCKS-S&P 500, Dow futures inch higher ahead of Walt Disney results

Investors in Big River Industries (ASX:BRI) have seen notable returns of 90% over the past five years

Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?

Three Leading Canadian Dividend Stocks With Yields Up To 5.5%

Banks Illegally Shorted $156 Million of Stocks, South Korea Probe Finds

Everton buyers accused of 'fraud' in court filing

Momentum Metropolitan Holdings Limited (JSE:MTM) On An Uptrend: Could Fundamentals Be Driving The Stock?

Fugro N.V.'s (AMS:FUR) institutional investors lost 3.4% over the past week but have profited from longer-term gains

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle

VinFast’s 65% Stock Plunge Tests Ambition to Boost US EV Sales

There Are Reasons To Feel Uneasy About Intel's (NASDAQ:INTC) Returns On Capital