Category Archives: Market news

Amazon Disappointed Investors Despite Making 100 Billion USD in Quarterly Revenue; Its CFO Expects Slower Growth in the Months to Come

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Source: Dreamstime

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An increasing number of people are reverting back to pre-covid shopping habits, and perhaps nobody felt the shockwave better than Amazon. After falling short of analysts’ forecasts, the company stock slid over 7% in extended-hours trading last Thursday.

Now, it’s up to the company’s new CEO, Andy Jassy, to reassure investors as to how the business is planning to retain its record growth, especially under the mounting scrutiny of regulators both on U.S. and European soil.

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Jefferies Group Posts a Record-shattering Quarter, Significantly Boosts Its Quarterly Cash Dividend

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Pictured: tall, glass-covered skyscrapers

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The U.S. multinational independent investment bank and financial services company posted a record quarter ending May 31, 2021, in addition to a record last twelve month net revenues of $6.739 billion – a staggering 81% year-over-year growth and a clear sign of good things to come, COVID-19 notwithstanding. Here’s what else has been happening for the past three months at Jefferies Group’s HQ.

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Ashtead Doesn’t Lay Off a Single Employee, Reports a Record Free Cash Flow Figure for Q4 2021

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Pictured: tall, glass-covered skyscrapers

Source: Dreamstime

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The investment holding company’s final quarter for 2021 went better than expected despite the global impact of the COVID-19 pandemic, with the company managing to hold onto every single employee without seeking assistance from any government support programmes and even paying out generous performance bonuses along the way.

According to the company, the stellar results are mostly linked to Ashtead’s unwavering dedication to its long-term strategy involving the broadening and diversification of its end markets, while simultaneously increasing its scale and market share.

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