Free stock market and financial news API
Instant access to global stock market and finance news also including funds, crypto and more along with comprehensive sentiment analysis.
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"highlight": ". , April 19, 2024 /PRNewswire/ -- On April 19, 2024 , the board of directors of Portland General Electric (NYSE: ) Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.",
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"highlight": "About Portland General Electric Company (NYSE: )\n\nPortland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to over 930,000 customers serving an area of 1.9 million Oregonians.",
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"highlight": "., April 19, 2024 /PRNewswire/ -- On April 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.",
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"highlight": "About Portland General Electric Company\n\nPortland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to over 930,000 customers serving an area of 1.9 million Oregonians.",
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"highlight": "Media Contact:\n\nSarah Hamaker\n\nCorporate Communications\n\nPhone: 435-513-0799\n\nInvestor Contact:\n\nNick White\n\nInvestor Relations\n\nPhone: 503-464-8073\n\nView original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302122518.html\n\nSOURCE Portland General Company",
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"highlight": "Media Contact:\n\nSarah Hamaker\n\nCorporate Communications\n\nPhone: 435-513-0799\n\nInvestor Contact:\n\nNick White\n\nInvestor Relations\n\nPhone: 503-464-8073\n\nView original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302122518.html\n\nSOURCE Portland General Company",
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"highlight": "Media Contact:\n\nSarah Hamaker\n\nCorporate Communications\n\nPhone: 435-513-0799\n\nInvestor Contact:\n\nNick White\n\nInvestor Relations\n\nPhone: 503-464-8073\n\nView original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302122518.html\n\nSOURCE Portland General Company",
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"highlight": "(NASDAQ: SBFG) (\"SB Financial\") announced that its board of directors passed a resolution declaring a quarterly cash dividend of $0.14 per common share, payable on May 24, 2024, to shareholders of record as of May 10, 2024.",
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"highlight": ". $0.50 per share or 8 percent over the previous four quarters, and represents a 4.1% yield.\" said Mark Klein, Chairman, President and CEO of SB Financial.",
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"highlight": "About SB Financial Group\n\nHeadquartered in Defiance, Ohio, SB Financial is a diversified financial services holding company for the State Bank & Trust Company (State Bank) and SBFG Title, LLC dba Peak Title (Peak Title).",
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"highlight": "These risks and uncertainties include, but are not limited to, risks and uncertainties inherent in the national and regional banking industry, changes in economic conditions in the market areas in which SB Financial and its subsidiaries operate, changes in policies by regulatory agencies, changes in accounting standards and policies, changes in tax",
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"highlight": "laws, fluctuations in interest rates, demand for loans in the market areas in SB Financial and its subsidiaries operate, increases in FDIC insurance premiums, changes in the competitive environment, losses of significant customers, geopolitical events, the loss of key personnel and other risks identified in SB Financial's Annual Report on Form 10-K",
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"highlight": "All subsequent written and oral forward-looking statements attributable to SB Financial or any person acting on its behalf are qualified by these cautionary statements.\n\nInvestor Contact Information:\n\nMark A. Klein\n\nChairman, President and CEO\n\[email protected]\n\nAnthony V.",
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"highlight": "The outcome was outrageous: the stock returned only 16% in five years, while the S&P 500 more than doubled and even the Dow Jones Automobile & Parts Titans 30 Index returned 94%.\n\nGM 2023 Annual Report\n\nHowever, the company's Q1 earnings appear promising for GM. Since it seems to be overcoming several challenges.",
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"highlight": "buzbuzzer\n\nGeneral Motors Stock: Opportunity Or Value Trap?\n\nGeneral Motors (NYSE:GM) has been a pain in the neck for many investors: Poor results, lack of growth, dividend cuts, you name it.",
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"highlight": "But, with some research-backed insights, even in this industry hidden gems and turnarounds do exist and General Motors may end up being one of these.\n\nIn this article, we will look together at GM as the company gets ready to release its Q1 earnings. We will see the good and the bad of the company.",
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"highlight": "General Motors: Business Highlights\n\nThe company's business is pretty straightforward: Manufacturing and selling vehicles (mostly ICE, but also BEV). In 2023, GM delivered more than 6 million units, making it one of the largest automakers in the world.",
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"highlight": "GM 2023 Results Were Promising\n\nFor FY 2023, General Motors reported good financial highlights: A record-high revenue of $171.8 billion, and good profitability, with $12.4 billion in adj. EBIT which is equal to a 7.2% margin. Industrial FCF generation was solid and generated $11.7 billion.",
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"highlight": "As a result, the new 2024 guidance sees General Motors report a net income probably above $10 billion, with the high-end of the range coming above $11 billion.\n\nAt the same time, EBIT came close to the high-end of the final 2023 guidance.",
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"highlight": "Moreover, General Motors said it already has reduced its marketing expense by $500 million and plans on cutting another $400 million in 2024. However, when competition becomes stiff, marketing becomes very important.",
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"highlight": "At the beginning of 2023, General Motors started with $24 billion of cash and marketable securities.\n\nDuring the year it generated an industrial free cash flow of $11.7 billion. The company then returned almost $12 billion to its shareholders through dividends and share repurchases.",
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"highlight": "In the second half of the year, General Motors expects its U.S. BEV business to become profitable.\n\nAs the management admitted:\n\nIt’s true the pace of EV growth has slowed, which has created some uncertainty. But many third-party forecasts have U.S.",
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"highlight": "General Motors already released its Q1 sales report.\n\nHere are the main sales highlights.\n\nGM Q1 Sales Report\n\nGeneral Motors keeps on being the market leader in the U.S. with almost 600,000 vehicles sold, a 6% increase in retail sales.",
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"highlight": "However, competition has increased and this is why General Motors assumes a 2% to 2.5% pricing headwind to support its sales.\n\nSo, we have to balance a few indicators to make an educated guess on General Motors' earnings. On one side, we have strong sales and big buybacks.",
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"highlight": "Transaction Enables Company to Preserve ~$2.7 Billion of Net Operating Losses (NOLs)\n\n\n\nRishi Bajaj Appointed Chief Executive Officer; Four New Independent Directors Join Board of Directors\n\nSAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc.",
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"highlight": "(NASDAQ: WISH) (“ContextLogic” or the “Company”), today announced that it has completed its previously announced transaction with Qoo10 Pte. Ltd. (“Qoo10”).",
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"highlight": "As previously announced, at closing of the Asset Sale, Rishi Bajaj became Chief Executive Officer and Chairman of the Board of ContextLogic, and Michael Farlekas, Marshall Heinberg, Elizabeth A. LaPuma and Richard Parisi became the other four members of ContextLogic’s Board of Directors.",
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"highlight": "The previously announced departures of ContextLogic Directors Tanzeen Syed, Julie Bradley, Larry Kutscher, Stephanie Tilenius, Hans Tung and Joe Yan became effective at closing of the transaction.",
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"highlight": "ContextLogic will continue as a publicly traded company with approximately $161 million cash on hand at closing (including the proceeds from the Asset Sale) and approximately $2.7 billion of Net Operating Loss (“NOL”) carryforwards. The Company expects to begin trading under a new Nasdaq ticker symbol, “LOGC”, within the next 30 days.\n\nJ.P.",
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"highlight": "About ContextLogic\n\nFor more information on ContextLogic, please visit ir.contextlogicinc.com\n\nForward Looking Statements\n\nExcept for historical information, all other information in this communication consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities",
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"highlight": "Contacts\n\nInvestor Relations:\n\nRalph Fong, ContextLogic\n\[email protected]\n\nMedia:\n\nCarys Comerford-Green, Wish\n\[email protected]\n\nNick Lamplough / Dan Moore / Jack Kelleher\n\nCollected Strategies\n\[email protected]",
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"highlight": "SAN FRANCISCO - ContextLogic Inc. (NASDAQ: WISH), known as Wish, announced the approval of its asset sale to Qoo10 Pte. Ltd. by its stockholders at a Special Meeting held on Thursday.\n\nThe transaction, valued at approximately $173 million in cash, is expected to close today, with Rishi Bajaj set to take over as CEO and Chairman of the Board.",
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"highlight": "This sale marks a pivotal move for ContextLogic, as it seeks to maximize the value of the company's Net Operating Losses (NOLs) for its stockholders, as stated by the incoming CEO, Rishi Bajaj.",
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"highlight": "This news article is based on a press release statement from ContextLogic Inc.\n\nInvestingPro Insights\n\nAs ContextLogic Inc. (WISH) moves forward with its asset sale to Qoo10, insights from InvestingPro provide a deeper understanding of the company's financial position.",
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"highlight": "Following the closure, ContextLogic will retain around $161 million in cash, including the net proceeds from the sale.\n\nThe company is also slated to adopt a new Nasdaq ticker symbol, LOGC, within a month after the asset sale concludes. J.P.",
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"highlight": "This news article is based on a press release statement from ContextLogic Inc.\n\nInvestingPro Insights\n\nAs ContextLogic Inc. (WISH) moves forward with its asset sale to Qoo10, insights from InvestingPro provide a deeper understanding of the company's financial position.",
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"title": "K92 Mining: Transformative Growth Keeps Us Bullish (OTCMKTS:KNTNF)",
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"snippet": "bodnarchuk\n\nCanada-based K92 Mining Inc. (OTCQX:KNTNF) owns and operates the \"Kainantu\" Gold Mine in the Asia-Pacific nation of Papua New Guinea. The attraction...",
"url": "https://seekingalpha.com/article/4684817-k92-mining-transformative-growth-keeps-us-bullish",
"image_url": "https://static.seekingalpha.com/cdn/s3/uploads/getty_images/535451545/image_535451545.jpg?io=getty-c-w1536",
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"highlight": "(GOLD)\n\nyCharts\n\nThat dynamic is also evident through the EV to forward EBITDA ratio where K92 trades at around 13x the 2024 consensus EBITDA, a level nearly double the sector average where stocks like AngloGold Ashanti plc (AU) or Equinox Gold Corp. (EQX) trade at a multiple closer to 6x.",
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"highlight": "bodnarchuk\n\nCanada-based K92 Mining Inc. (OTCQX:KNTNF) owns and operates the \"Kainantu\" Gold Mine in the Asia-Pacific nation of Papua New Guinea. The attraction here is an impressive operating record, including six consecutive years of production growth in what is recognized as a low-cost and high-grade asset.",
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"highlight": "We expect a big year for the company and see more upside for shares of K92 Mining\n\nData by YCharts\n\nK92 Mining Financials Recap\n\nK92 reported its Q4 results in early April, highlighted by record quarterly production reaching 39.1k gold equivalent ounces (AuEq) up 10% year-over-year, capturing a boost in output from the group's \"stage 2\" plant commissioning",
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"highlight": "The outlook here is for near 300% production growth over the next few years, transforming K92 Mining into a global \"Tier 1 Mid-Tier Producer.\" Operating costs are also expected to be significantly reduced over the period, leveraging the larger economies of scale and higher income.\n\nsource: company IR\n\nWhat's Next For K92 Mining?",
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"highlight": "Overall, K92 Mining has a very impressive setup, with the numbers speaking for themselves. It's fair to say the company has one of the highest expected production growth forecasts among global mining peers, but it also appears some of the positives in its story are already incorporated in its valuation.",
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"highlight": "Data by YCharts\n\nFinal Thoughts\n\nWe rate K92 Mining as a Buy, looking at shares currently trading above $5.50 and approaching a 52-week-high following a period of volatility last year. Our call is for the rally in KNTNF to continue, with highs from 2022 above $8.00 per share on the table as an upside target.",
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"highlight": "Centamin plc (OTCPK:CELTF) Q1 2024 Results Conference Call April 18, 2024 3:30 AM ET\n\nCompany Participants\n\nMartin Horgan - Chief Executive Officer\n\nMichael Stoner - Head of Corporate\n\nConference Call Participants\n\nMarina Calero - RBC Capital Markets\n\nJason Fairclough - Bank of America\n\nRichard Hatch - Berenberg\n\nDaniel Major - UBS\n\nYuen Low - Liberum",
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"highlight": "(NASDAQ:INDB) Q1 2024 Earnings Call Transcript April 19, 2024 10:00 AM ET\n\nCompany Participants\n\nJeff Tengel - Chief Executive Officer\n\nMark Ruggiero - Chief Financial Officer and Head of Consumer Lending\n\nConference Call Participants\n\nMark Fitzgibbon - Piper Sandler\n\nSteve Moss - Raymond James\n\nLaurie Hunsicker - Seaport Research\n\nChris O'Connell -",
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"highlight": "KBW\n\nOperator\n\nGood day, and welcome to the INDB Independent Bank First Quarter 2024 Earnings Conference Call.",
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"highlight": "Jeff Tengel\n\nThanks, Nick, and thank you for your continued interest in Independent Bank Corp. Have a great day.\n\nOperator\n\nThe conference has now concluded. Thank you for attending today's presentation. You may now disconnect.",
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"highlight": "KeyCorp (NYSE:KEY) Q1 2024 Earnings Call Transcript April 18, 2024\n\nKeyCorp isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).\n\nOperator: Thank you, everyone, for standing by. Welcome to the 2024 First Quarter Earnings Call. At this time, all participants are in a listen-only mode.",
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{
"highlight": "Q&A Session\n\nFollow Keycorp W (NYSE:KEY) Follow Keycorp W (NYSE:KEY) or Subscribe with Google We may use your email to send marketing emails about our services. Click here to read our privacy policy.\n\nOperator: [Operator Instructions] And our first question is from the line of Ken Usdin from Jefferies. Please go ahead.\n\nKen Usdin: Thanks.",
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Example response
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