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This article first appeared on GuruFocus. Total Revenue: $1.1 million for Q3 2025, compared to $0.1 million in Q3 2024. Total Operating Costs and Expenses: $6.5 million for Q3 2025, a decrease of 86% from $47.8 million in Q3 2024. R&D Expenses: $1.2 million for Q3 2025, down 94% from $20 million in Q3 2024. SG&A Expenses: $5.3 million for Q3 2025, a decrease of 43% from $9.4 million in Q3 2024. Net Loss from Continuing Operations: $13.1 million or $3.25 per share for Q3 2025, compared to $48.3 million or $12.01 per share in Q3 2024. Cash and Cash Equivalents: $121.1 million as of September 30, 2025. Cash Runway: Extended into 2028 following the sale of FibroGen China. FibroGen China Sale: Completed for approximately $220 million, including $135 million net cash held in Ch...

Many Americans approaching retirement face a common question: should you tap into your retirement savings to pay off your mortgage? On her "Women & Money" podcast, personal finance expert Suze Orman addressed this dilemma from a listener in his early 60s, providing insight that could help others in similar situations. Jody, just shy of 64, has about $400,000 in a Roth IRA and an emergency fund. His home, which he calls his "forever home," is worth just under $1 million, and he still owes $135,000 on his mortgage. His monthly payment totals about $1,000, including taxes and insurance. Don't Miss: Jody asked Orman if it made sense to withdraw $135,000 from his Roth to pay off the mortgage completely and enjoy being mortgage-free. Orman broke down the numbers....

Ally Financial recently announced the appointment of Allan Merrill and Gunther Bright to its board, and reported Q3 2025 results showing strong growth in consumer auto originations and improved capital ratios. Management also revealed during a Boston analyst conference that the company is exiting lower-margin businesses to concentrate on higher-yielding assets and disciplined expense management, underscoring a sharpened focus on core profitability and operational resilience. We'll explore how leadership changes and renewed focus on profitable core segments may influence Ally Financial's investment narrative going forward. We've found 16 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To be a shareholder in Ally Financial t...

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BELEM, Brazil, Nov 11 (Reuters) - Countries trying to shift to clean energy while also preparing for extreme weather and other impacts in a warmer world will need money - a lot of it. As the costs and risks of global warming escalate, the topic of climate finance has become more tense. Here's what you need to know:WHAT IS CLIMATE FINANCE?This describes all funding from governments, development banks, private investors and philanthropies aimed at helping countries cut greenhouse gas emissions or adapt to climate impacts, for example through projects in renewable energy or for flood defenses. Sign up here.WHY DOES IT MATTER?Without climate finance, poorer countries will struggle to decarbonize their economies and protect vulnerable populations. Because these countries contributed the least ...

“Retirement may seem far away,” Nigerian fintech brokerage Trove Finance teases in a promotional message. “But for Gen Z, the earlier you start planning, the richer your future.” Trove Finance is one of several fintech companies in Nigeria credited with driving a surge of retail investments in the country’s financial markets among younger people by offering them access through apps and websites. Its rivals include Bamboo, Chaka, Cowrywise, RiseVest, I-invest and PiggyVest.Millions of young Nigerians are now trading with those apps on their mobile devices – and the impact is being felt. For instance, retail trading on the stock market jumped 88% month-on-month in July to 516.5bn naira ($351m), nearly a third of the 1.8 trillion naira worth of total trade recorded that month on the Nigerian ...

By Simon Jessop BELEM, Brazil (Reuters) -Countries trying to shift to clean energy while also preparing for extreme weather and other impacts in a warmer world will need money - a lot of it. As the costs and risks of global warming escalate, the topic of climate finance has become ​more tense. Here's what you need to know: WHAT IS CLIMATE FINANCE? This describes all funding from governments, development banks, private investors and philanthropies aimed at helping countries ‌cut greenhouse gas emissions or adapt to climate impacts, for example through projects in renewable energy or for flood defenses. WHY DOES IT MATTER? Without climate finance, poorer countries will struggle to decarbonize their economies and protect vulnerable populations. Because these ‌countries contribute...

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Listen to this articleEstimated 3 minutesThe audio version of this article is generated by text-to-speech, a technology based on artificial intelligence.Finance Minister François-Philippe Champagne says his goal is to help make Canada the NATO partner of choice when it comes to supplying critical minerals as defence becomes a focus for many countries.Refining is the "name of the game" and Canada can do better than just shipping those high-demand materials south in their raw form, Champagne told a Calgary business audience Monday, almost a week after he delivered the latest federal budget."Exploration, extraction is something. But what we need is refining. That's the key," he said. Minerals like titanium, used to make submarines, are crucial to defence initiatives, he added.The budget relea...

(Red Oak) -- Red Oak officials have appointed a longtime resident as the city's new finance manager and clerk.At a special meeting Monday, the Red Oak City Council unanimously approved the hiring of Carrie Shalters as the city finance manager-clerk, with a starting annual salary of $67,000.Officials say Shalters brings strong financial management, administrative and leadership experience to the position. She served as the Executive Director of the Montgomery County Family YMCA since since 2022, following five years as Membership and Customer Service Manager for the same organization. In those roles, officials say Shalters managed the YMCA's overall budget and day-to-day financial operations, including payroll, accounts payable and receiving, collections, and annual audits. She als...