Monday, April 13

Business

Abbas fires his finance minister over illicit payments to Palestinian prisoners — sources
Business

Abbas fires his finance minister over illicit payments to Palestinian prisoners — sources

Palestinian Authority President Mahmoud Abbas ousted his finance minister on Monday for allowing payments to Palestinian security prisoners through an old mechanism that awarded them based on the length of their sentence, a Palestinian official and a second source familiar with the matter revealed to The Times of Israel. Abbas’s office announced earlier Monday that PA Planning and International Cooperation Minister Estephan Salameh had replaced Omar Bitar as finance minister through the PA’s official Wafa news outlet, but did not provide a reason for the cabinet shuffle. The two sources told The Times of Israel that Bitar’s dismissal followed an internal investigation revealing that he had authorized payments to some Palestinian security prisoners outside the new system that the PA establi...
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@heirymenor #foryoupage #viralvideo #pagueforyou #tik #your ♬ A Mi Lado Por Siempre - Calor Latino Music Tiktok by Heiry Menor
Evolving multilateral development banks’ role in adaptation finance
Business

Evolving multilateral development banks’ role in adaptation finance

Climate impacts are accelerating, and the need for investment in adaptation and resilience is growing rapidly. While international public finance for adaptation in developing countries has expanded in recent years – tripling between 2016 and 2022 – current levels remain far below what is required. UNEP estimates that developing countries face adaptation needs of $310–$365 billion per year. Without a significant increase in finance, climate impacts will continue to erode development gains, strain public budgets, and undermine economic and financial stability. The recently published Baku to Belem Roadmap recognises that multilateral development banks (MDBs) have a central role to play in responding to this challenge. As major providers of concessional finance, technical assistance, risk-s...
Satellogic Reports Third Quarter Financial Results
Business

Satellogic Reports Third Quarter Financial Results

Satellogic, Inc. 29% Increase in Revenue to $3.6 million Coupled with 18% Decrease in Operating Costs and Expenses in 3Q 2025 Strengthened Balance Sheet with Completion of $90 million Public Offering Announced Seven-Figure Strategic Data Distribution Agreement with Suhora Added Distinguished Industry Sales Executive Launched Very-High Resolution NextGen Satellite Platform NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (“Satellogic”) (NASDAQ: SATL), a leader in high-performance, low-cost Earth Observation (“EO”) platforms that deliver unique sovereign solutions and AI-first monitoring, today reported its financial results for the three and nine months ended September 30, 2025. “The third quarter was highlighted by improved financial performance, continued c...
Comtech Announces Financial Results for Fourth Quarter and Fiscal Year 2025
Business

Comtech Announces Financial Results for Fourth Quarter and Fiscal Year 2025

While we are just getting started – and recognize there are remaining legacy challenges still to be addressed as well as inevitable quarterly fluctuations – we are energized by what we have accomplished so far. These accomplishments were enabled by new disciplines that align accountability throughout the organization, enhanced operational efficiency, reduced cost structures, a focus on cash flow optimization, improved working capital management and improved corporate governance. These initiatives have not only helped to drive Comtech's significantly improved operating and financial performance, but have also enabled us to improve relationships with current and prospective customers, vendors and creditors. This leads to a flywheel effect in which improved relationships create a healthier dy...
Xtant Medical Reports Third Quarter 2025 Financial Results
Business

Xtant Medical Reports Third Quarter 2025 Financial Results

Total Revenue of $33.3 Million Increased 19% Year-over-Year Delivers Positive Net Income, Adjusted EBITDA and Operating Cash Flow Reiterates FY25 Revenue Guidance of $131-$135 Million, Representing Growth of 11%-15% over FY24 Previously Announced Sale of Certain Hardware Assets and OUS Businesses to Companion Spine Anticipated to Close by Year-End BELGRADE, Mont., Nov. 10, 2025 /PRNewswire/ -- Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for spinal and other orthopedic conditions, today reported financial and operating results for the third quarter ended September 30, 2025. Xtant Medical Logo (PRNewsfoto/Xtant Medical Holdings, Inc.) Third Quarter 2025 Financial Highlights Revenue of $33.3 mil...
LivePerson Announces Third Quarter 2025 Financial Results
Business

LivePerson Announces Third Quarter 2025 Financial Results

-- Total Revenue of $60.2 million, above the high end of our guidance range -- -- Adjusted EBITDA above the high end of our guidance range  -- NEW YORK, Nov. 10, 2025 /PRNewswire/ -- LivePerson, Inc. (NASDAQ: LPSN) ("LivePerson" the "Company", "we" or "us"), a leading provider of predictable conversational AI and digital transformation, today announced financial results for the third quarter ended September 30, 2025. Third Quarter Highlights Total revenue was $60.2 million for the third quarter of 2025, a decrease of 19.0% as compared to the same period last year, driven primarily by customer cancellations and downsells. LivePerson signed 28 deals in total for the third quarter, consisting of 26 existing and 2 new customers. Trailing-twelve-months average revenue per enterprise and m...
Jamf Announces Third Quarter 2025 Financial Results
Business

Jamf Announces Third Quarter 2025 Financial Results

MINNEAPOLIS, November 10, 2025--(BUSINESS WIRE)--Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced financial results for its third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights Achieved Security ARR of $216 million as of September 30, 2025, representing 44% year-over-year growth and 30% of Jamf’s total ARR, driven by the success of our platform solutions and the Identity Automation acquisition. Gross Profit: GAAP gross profit of $139.5 million, or 76% of total revenue, compared to $123.3 million in the third quarter of 2024. Non-GAAP gross profit of $148.1 million, or 81% of total revenue, compared to $129.9 million in the third quarter of 2024. Operating Loss/Income: GAAP operating loss of $3.4 mil...
S&P 500, Nasdaq soar, lead Dow higher as Senate vote lifts hopes for end to US shutdown
Business

S&P 500, Nasdaq soar, lead Dow higher as Senate vote lifts hopes for end to US shutdown

Tech stocks led a roaring start to Wall Street's week, with investor spirits boosted by Congress taking a big step toward ending the record-breaking government shutdown that has clouded the picture of the economy. The tech-heavy Nasdaq Composite (^IXIC) surged over 2.2%, to close back within striking distance of its all-time high. The S&P 500 (^GSPC) climbed by around 1.5%, while the Dow Jones Industrial Average (^DJI) rose about 0.8%, or over 350 points. Markets have turned upbeat amid optimism that the 39-day US shutdown could soon come to an end, after a weekend of dealmaking in Washington. A new bill quickly advanced in a key Senate procedural vote overnight Sunday, after enough Democrats joined with Republicans to avoid a filibuster. The prolonged shutdown has taken a tol...
Four questions to help you navigate the personal finance challenges ahead
Business

Four questions to help you navigate the personal finance challenges ahead

The personal finance message of last week’s federal budget is that building a better economy will be a slog.The budget is about building prosperity from the top down, which means striving for economic growth that trickles down to job opportunities, paycheques and bonuses. This trickling, if it happens, will take a while. Prepare by taking a moment for some honest self-reflection about your personal finances. Here are some questions to tackle:What have I done lately to defend my job and income?The unemployment rate has risen to 6.9 per cent from 5.7 per cent two years ago and will climb higher until the economy pulls out of its current funk. Expect layoffs, downsizing, curtailed hiring, more subdued pay increases and fewer opportunities to leverage a job offer elsewhere for advantage in you...