Tag: SYND

[ad_1] By Ian Walker Intercede Group shares rose as much as 18% after the company said that it expects to beat fiscal 2024 market forecasts following the award of a new contract, together with its existing order pipeline. Shares at 1425 GMT were up 13.50 pence, or 14.5%, at 106.50 pence having peaked at 110.0 pence earlier in the session. The London-listed cybersecurity company said Wednesday that it has been awarded a license order worth $1.0 million with a new client in the U.S. intelligence community. The client will also pay an annual subscription of $200,000, it said. The company ... Read more

[ad_1] Energy By Avi Salzman Dec 24, 2023, 3:30 am EST Share Reprints What OPEC giveth, OPEC can also take away. That, in a nutshell, is the problem for most oil stocks heading into 2024. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link

[ad_1] Tact is a key professional skill, especially when colleagues give you…presents. A Wall Street Journal comic about the modern workplace. [ad_2] Source link

[ad_1] Real Estate By Shaina Mishkin Dec 23, 2023, 1:00 am EST Share Reprints Many home buyers no doubt are relieved to see this year’s inhospitable real estate market in their rear view mirrors. Mortgage rates nearly hit 8% as prices remained firm, making purchases the most expensive in decades. A limited selection of existing homes on the market added to the pain. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link

[ad_1] Real estate stocks have been under pressure for a couple of years. The pressure rose two weeks ago for Blackstone Mortgage Trust, with the 50-page critique of a well-known short seller. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link

[ad_1] The Federal Deposit Insurance Corporation is fighting back against a lawsuit brought by nearly 170 former employees of First Republic Bank who are seeking to recover retirement funds they had deposited in a trust set up by the failed lender. The FDIC is arguing that the federal court where the lawsuit was filed earlier this month doesn’t have the authority to grant the temporary restraining order the plaintiffs are seeking, and even if it did, the plaintiffs have failed to make a compelling argument that they would eventually… [ad_2] Source link

[ad_1] The press is reporting that the Biden Administration is contemplating the use of military force in response to continuing attacks on commercial shipping by the Houthi militia in Yemen. It’s about time. The Houthi missile attacks pose the most significant threat to global shipping in decades, and they will continue unless a global coalition unites to stop them. The USS Carney, a destroyer operating in the Red Sea, shot down no fewer than 14 attack drones launched from Houthi-controlled territory in Yemen on Saturday. A British warship shot down a Houthi drone after it was dispatched to the region ... Read more