Coal India's Arm CMPDIL to Float IPO on March 20
Coal Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state‑owned Coal India, will launch its initial public offering on March 20, with the issue closing on March 24. The IPO consists of an offer‑for‑sale of 10.71 crore shares by Coal India and contains no fresh‑issue component. Anchor investor bidding is slated for March 18, and IDBI Capital Markets together with SBI Capital Markets act as book‑running lead managers. The move follows Bharat Coking Coal’s ₹1,071‑crore IPO earlier this year, underscoring a broader disinvestment push in the coal sector.
OPBAS Report Exposes Persistent AML Compliance Gaps
The Office for Professional Body Anti‑Money Laundering Supervision (OPBAS) released its 2024/25 assessment, noting modest progress in AML monitoring across UK legal and accountancy firms but highlighting persistent compliance gaps. HMRC issued 336 penalty notices between April and September 2025,...
Shanghai Stock Exchange Queries Zhenjiang New Energy Equipment’s US Subsidiary Sale
Zhenjiang New Energy Equipment Co. announced plans to sell its U.S. subsidiary, Zhenjiang New Energy (USA) Technology Corp., to India’s Zetwerk for $22.15 million. The Shanghai Stock Exchange has issued an inquiry, demanding clarification on asset quality, the buyer’s financial capacity,...
Prescient China Lists First China-Focused Actively Managed ETF on the JSE
Prescient China has listed the PANDA Balanced Feeder Actively Managed ETF on the Johannesburg Stock Exchange, marking the first China‑focused AMETF in South Africa. The fund offers investors exposure to a mix of mainland Chinese equities, bonds, cash and offshore...
China’s Credit Shows Surprise Growth as Firms Step Up Borrowing
China’s aggregate financing surged 2.4 trillion yuan in February, outpacing the Bloomberg‑survey median forecast of 2 trillion yuan. The People’s Bank of China reported that banks extended 900 billion yuan of new corporate loans, also beating expectations. The growth was driven by stronger...
The Trends Redefining Expense Management in 2026
Capture Expense’s latest report, based on 371,000 UK expense claims worth £60 million across 460 organisations, shows expense management shifting from back‑office task to strategic infrastructure. Slow approvals—only 2.6% immediate and 42% taking over a week—pose regulatory risk under new FRS 102...
S Hotels & Resorts Posts Record 2025 Profit, Outlines Growth Strategy
S Hotels & Resorts posted a record normalised net profit of over 615 million baht in 2025, driven by RevPAR growth and lower finance costs. The company announced a 0.07 baht per share dividend, its highest since listing. For 2026, SHR outlined...
Prediction Markets Rule the Day at Boca
At the FIA Global Cleared Markets Conference in Boca Raton, prediction markets dominated the agenda, with FIA President Walt Lukken praising their accessibility and crowd‑sourced accuracy. He also warned that legal clarity and robust insider‑trading surveillance are essential. Exchange CEOs...
AI Is Coming to Your Accounting Software
Sage, the London‑listed accounting software provider, unveiled Sage AI in Johannesburg, embedding artificial intelligence across its finance, payroll and HR products for small businesses in Africa and the Middle East. The platform relies on roughly 40,000 domain‑specific models and claims...
Submission of Rule Filing SR-FICC-2026-005 – Establish Implementation Timeframe for Enhancement of Correlation Calculation for Bond Haircut Models
On March 13, 2026 the Fixed Income Clearing Corporation (FICC) submitted rule filing SR‑FICC‑2026‑005 to the SEC, seeking to set a delayed implementation schedule for enhancements to the correlation calculation used in bond haircut models. The filing amends the QRM Methodology Document...
WheelsEye Posts Rs 243 Cr Revenue in FY25; Losses Remains Flat
WheelsEye, a logistics SaaS provider, posted FY25 operating revenue of Rs 243.4 crore, a 17% increase from the prior year. Subscription services drove the growth, contributing 62% of total revenue and rising 20% year‑on‑year. Hardware costs, especially GPS devices, surged 68%, while...
Pickup Coffee Seeks Funding with up to $8 Million Convertible Notes
Pickup Coffee, a fast‑growing Philippine budget coffee chain, is issuing up to $8 million in convertible notes to Venturi Partners and Antler. The notes complement an equity raise that could total $20‑40 million, already closed months earlier. Founded in 2022, the brand...
BTL Landlords Urged to Review Ownership Structures Ahead of Tax Changes
Portfolio landlords face higher income tax rates as the UK government plans to raise the basic rate to 22%, the higher rate to 42%, and the additional rate to 47% from April 2027. Finance cost relief will also increase to...
Smart50 to the ASX: Business Points Platform Pay.com.au Eyes IPO
Pay.com.au is preparing an April ASX listing that could value the fintech at $850 million and raise an additional $85 million. The platform lets SMEs earn PayRewards points on everyday payments, including payroll and tax, with 75,000 business customers redeeming 10 billion points...
The Story Your Numbers Are Trying to Tell
Small business owners often work long hours yet ignore the story their financial data tells. The article argues that raw numbers are merely activity records, while relationships between metrics reveal true performance. By focusing on a few key performance indicators,...
MNC Banks Resist RBI Plan to Access Offshore Deal Data
The Reserve Bank of India has drafted a rule requiring foreign‑bank branches in India to report all non‑deliverable forward (NDF) contracts to the Clearing Corporation of India Ltd. The proposal mandates disclosure of notional values, counterparties, maturities and settlement dates,...
China Signals ChiNext Reforms to Tilt Listings Toward Consumer Companies
At the March 6 press conference, CSRC chairman Wu Qing announced plans to introduce a more targeted, inclusive listing framework for the ChiNext board, aimed at high‑quality emerging consumer and modern service companies. The proposal would add a fourth listing standard,...
RLX Technology Inc (RLX) Q4 2025 Earnings Call Transcript
RLX Technology reported Q4 2025 net revenue of RMB1.1 bn, up 49% YoY and 28% QoQ, with non‑GAAP operating profit of RMB188 m, marking the eighth straight quarter of profitability. Gross margin expanded by four percentage points, driven by a full‑quarter contribution...
Dynagas LNG Partners LP (DLNG) Q4 2025 Earnings Call Transcript
Stabilis Solutions reported a 23% drop in Q4 2025 revenue and a sharp decline in adjusted EBITDA to $1.5 million, driven by the wind‑down of two multiyear marine bunkering and power‑generation contracts. Despite the downturn, the company secured a $200 million, two‑year...
SCI-CLO-100:-Market-Matures-as-Equity-Returns-Compress-and-Captive-Capital-Dominates
The inaugural SCI CLO 100 event in London highlighted a maturing collateralized loan obligation market, where equity tranche returns are compressing and captive capital from banks now dominates funding. Managers reported a pronounced bifurcation between high‑quality and lower‑quality loan assets, while...
Reckoner-Capital-Moves-Into-Art-Lending-with-Athena-Veteran-at-the-Helm
Reckoner Capital announced the creation of a dedicated art‑lending platform, appointing former Athena executive Laura Damême as chief executive. The new division will use securitisation technology to provide loans secured by high‑value artworks, offering collectors liquidity without forced sales. Damême...
AC Immune SA (ACIU) Q4 2025 Earnings Call Transcript
ACADIA Pharmaceuticals reported adjusted 2025 revenue of $1.08 billion, up 14% year‑over‑year, driven by strong performance of NUPLAZID and DAYBUE. NUPLAZID net sales reached $692 million with 15% growth, while DAYBUE posted $391 million, a 12% increase, aided by the newly approved DAYBUE...
Century Casinos Inc (CNTY) Q4 2025 Earnings Call Transcript
Centuri Holdings reported record 2025 results, delivering $3.0 billion total revenue, a 13% increase, and $39 million adjusted net income, up 49% year‑over‑year. Base revenue grew 18% to $2.9 billion and the company expanded its backlog to $5.9 billion, reflecting a 1.5× book‑to‑bill ratio....
Savara Inc (SVRA) Q4 2025 Earnings Call Transcript
Sabra Health Care REIT reported Q4 2025 normalized FFO of $0.36 and AFFO of $0.38 per share, and set 2026 guidance for normalized FFO and AFFO at $1.49‑$1.53 and $1.55‑$1.59 per share, implying roughly 5% growth. Managed senior housing showed...
Fed's-Bowman-Flags-Risk-of-Capital-Rules-Driving-Credit-Beyond-Banks
Federal Reserve Vice Chair Michelle Bowman warned that tightening capital requirements could push lenders to seek credit opportunities outside traditional banks. She highlighted that stricter Basel rules may constrain banks' ability to originate loans, prompting a shift toward non‑bank financial...
BRT Apartments Corp (BRT) Q4 2025 Earnings Call Transcript
BRT Apartments reported strong rental demand in Q3 2020, achieving 98% rent collection and a 5% increase in rental revenue. Despite a $7.0 million net loss driven by a $3.64 million non‑cash impairment, Funds From Operations rose to $0.27 per share, up...
VEON Ltd (VEON) Q4 2025 Earnings Call Transcript
GE Vernova posted a strong Q4 2025, raising its total backlog to $150 billion—a 25% increase—and booking $59 billion of orders, up 34% year‑over‑year. Revenue grew 9% to $38 billion, while adjusted EBITDA margin expanded to 11.4%, and free cash flow more than...
Emerald Holding Inc (EEX) Q4 2025 Earnings Call Transcript
Emerald Holding reported Q3 2025 revenue of $77.5 million, up year‑over‑year, while organic revenue fell 6.8% due to construction at the Las Vegas Convention Center and tariff pressures. Year‑to‑date total revenue rose 13.3% to $330.7 million, driven by the Generis, This Is Beyond...
Trinseo PLC (TSE) Q4 2025 Earnings Call Transcript
Trinity Industries reported a 73% jump in full‑year EPS to $3.14, helped by a $194 million non‑cash gain from its railcar investment vehicle restructuring and strong leasing performance. Leasing and Services revenue grew 5.5% with operating profit up 53% and fleet...
Kyivstar Group Ltd (KYIV) Q4 2025 Earnings Call Transcript
Dollar General reported Q4 2025 net sales of $10.9 billion, up 5.9% year‑over‑year, driven by strong same‑store sales and a broadened non‑consumable mix. Gross margin improved to 30.4% as shrink fell 62 basis points and inventory markdowns decreased, while operating profit...
Russian Power Entities Appear Plagued by Financing Troubles in Central Asia
Russia's state‑linked power firms are hitting financing snags across Central Asia, prompting a rapid loss of lucrative contracts. Kazakhstan abandoned a Russian consortium for China’s Harbin Electric, slashing project costs by nearly $500 million. In 2025, Inter RAO forfeited three Kazakh power‑plant...
Buckle Inc (BKE) Q4 2026 Earnings Call Transcript
Buckle Inc. reported fourth‑quarter 2026 net sales of $399.1 million, a 5.3% year‑over‑year increase, and net income of $80.8 million, up 4.6% versus the prior year. The company highlighted double‑digit growth in its women’s segment, especially denim, which saw sales rise 10.5%...
Urgent.ly Inc (ULY) Q4 2025 Earnings Call Transcript
Urgent.ly Inc. reported Q3 2025 revenue of $32.9 million, a 9% year‑over‑year decline, but met the midpoint of its guidance and achieved its eighth straight quarter of revenue guidance compliance. The company posted a non‑GAAP operating income of $123 k, marking the...
TCG Provides B14.5bn in Credit Guarantees for SME Loans
Thai Credit Guarantee Corporation (TCG) issued credit guarantees worth 14.5 billion baht in the first two months of the year, a 4.4‑fold increase from a year earlier. The guarantees enabled 17,800 SMEs to secure formal financing, injecting roughly 60 billion baht of...
Fed Reveals Plan to Ease Banks’ Capital Requirements, Boost Mortgage Lending
The Federal Reserve announced it will overhaul capital rules for large banks, moving to a single standardized risk‑based framework that explicitly accounts for loan‑to‑value ratios. Under the proposal, lower‑LTV mortgages would carry lighter capital charges, while high‑LTV loans face higher...
Foreign Holdings of Thai Stocks Peak
Foreign investors' holdings in Thai equities surged to a record 6.11 trillion baht in January, representing 37.1% of total market capitalisation. Although they were net sellers of Thai stocks last year, they continued to buy non‑voting depository receipts, indicating sustained exposure....
Sergio P. Mendes: Leading with Data and Strategy
Sergio P. Mendes, VP of Commercial Finance and Revenue Management at Palm Bay in New York, leverages a computer‑science foundation to turn complex data into actionable business strategy. Over nearly two decades he progressed from sales analysis to pricing and...
Zone & Co Launches ERP Command Interface for Agentic Finance
Zone & Co introduced the Zone Control Center, a command‑interface that embeds finance workflow orchestration directly within ERP systems. The interface sits atop Zoe, the company’s agentic orchestration layer, and initially launches for ZoneCapture procure‑to‑pay customers. By consolidating visibility and...
The Case of New Mountain, Holt and the $30bn-Plus Deal
New Mountain Capital and Holt Capital have orchestrated a landmark transaction exceeding $30 billion, marking one of the largest GP‑stake sales in private equity history. The deal involves Holt acquiring a substantial portion of New Mountain's general partner interests, providing immediate...
FASB's Private Company Council Aims to Raise Profile
Jere Shawver, former Baker Tilly CEO, became chair of the Private Company Council (PCC) in 2024 and is focused on raising the council’s visibility and participation among private‑company stakeholders. The PCC, created in 2012 to give private firms a voice in...
Hospital Margins Take a Dive
U.S. hospitals entered 2026 with operating margins at a 12‑month low, slipping to –0.6% for health systems and a 3.1‑point decline for individual hospitals. Patient demand and revenue growth slowed, especially in inpatient and emergency settings, while expense growth outpaced...
Tonix Pharmaceuticals Reports Fourth Quarter and Full Year 2025 Financial Results and Operational Highlights
Tonix Pharmaceuticals announced FDA approval and U.S. launch of TONMYA, the first new fibromyalgia drug in over 15 years, in August 2025 with commercial availability beginning November 17, 2025. The company reported fourth‑quarter product revenue of $5.4 million and full‑year revenue...
Mink Ventures Engages Independent Trading Group as Market Maker
Mink Ventures Corp announced it has engaged Independent Trading Group to act as a market maker for its common shares on the TSX Venture Exchange, pending regulatory approval. ITG will receive CAD $5,000 per month, with an initial one‑month term...
Imperial Reports 2025 Financial Results
Imperial Metals posted record 2025 revenue of $691.8 million, a 40% increase year‑over‑year, driven by higher copper and gold prices and strong output at Mount Polley and Red Chris. Adjusted EBITDA rose to $381.7 million and net income reached $153.8 million, while cash cost per...
Swiss Water Reports Year End and Fourth Quarter 2025 Results
Swiss Water Decaffeinated Coffee reported a strong top line in 2025, with revenue climbing 49% to C$258.7 million and Q4 revenue up 34% to C$66.0 million. Net income rose 23% year‑over‑year to C$1.6 million, though Q4 profit fell 40% due to lower volumes...
Legacy Housing Corporation Reports Full Year 2025 Financial Results
Legacy Housing Corporation reported a 10.7% drop in 2025 revenue to $164.6 million and a 32.2% decline in net income to $41.8 million. Despite weaker earnings, book value per share rose 8.6% to $22.20, and the company generated $37.2 million of operating cash....
VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2025 Results
Vaalco Energy reported FY 2025 results with net sales of 6,370 MBOE and a net loss of $41.4 million, while generating $173.4 million of Adjusted EBITDAX and $212.7 million of operating cash. Production averaged 16,556 NRI BOEPD, surpassing guidance, and the company sold 17,452 NRI BOEPD. It secured a...
AMREP Reports Third Quarter Fiscal 2026 Results
AMREP Corporation posted a strong third‑quarter fiscal 2026, reporting $14.6 million in revenue and $3.15 million net income, up from $7.5 million and $0.72 million a year earlier. Earnings per diluted share rose to $0.58 from $0.13, while nine‑month revenue reached $41.8 million and net...
Atlanticus Reports Fourth Quarter 2025 Financial Results
Atlanticus Holdings reported a blockbuster fourth‑quarter 2025, posting $734.4 million in total operating revenue—a 108% year‑over‑year jump—and $7.0 billion in managed receivables, up 155%. Net income rose 24.9% to $32.8 million, delivering $1.75 diluted earnings per share. The results were powered by the...
Artesian Resources Corporation Reports 2025 Year-End Earnings and Fourth Quarter Results
Artesian Resources Corp reported full‑year 2025 results, posting net income of $22.8 million, an 11.9% increase year‑over‑year, and diluted earnings per share of $2.21, up 11.6%. Total revenues rose 4.6% to $112.9 million, driven by modest gains in water sales, wastewater, and...