Another round of credit rating downgrades impacting several U.S. banks with a combined US$426 billion in consolidated assets, this time from S&P Global Ratings, has compounded a similar move by Moody's earlier this month. Concerns regarding deposits and funding continue to loom over U.S. depositories, which cannot seem to break free of borrowing from the Fed and other expensive sources of liquidity.
In November of last year, Muscle Maker Inc. gambled on expanding its purvey to include international agribusiness alongside its traditional brick-and-mortar restaurant concerns. That gamble paid off, with the firm booking US$500 million in revenue. Now it's changing its name to double down on the expansion.
As drone warfare moves to the forefront, counter-drone tech is becoming an important element of the modern battlefield. One Australian company is at the leading edge of this space, producing products designed to mitigate the unmanned aerial threat.
Puerto-Rico-based defense drone concern Red Cat Holdings Inc. is already well positioned as a provider for the Department of Defense and other U.S. government departments. Now, with improved on-drone tech, its secured further clearance for deployment as part of the national fleet.
Recently, Muscle Maker Inc. has announced three new board members and top-line revenue. Read more to see what this means for the company and what experts are saying about this agriculture trade company.
Barry Dawes of Martin Place Securities notes that gold is coiling in this slow June period, possibly moving higher soon. Tax loss selling might be a seasonal buying opportunity. S&P 500 exceeds 4300. Bond rally to resume with rising US$. Euro Yen is looking weak again. Silver is looking very strong
Food service is a fickle industry, as fad diets and other social swings can quickly dictate new consumer behavior. One industry player is recognizing this reality and looking to evolve from its restaurant-based offerings.
Recently released Q1/23 results from BSR Real Estate Investment Trust were in line with the previous forecast. However, based on a 10% discount to Echelon's NAV estimate, the target price was lowered on the stock, noted Echelon Capital Markets analyst David Chrystal.
Global analyst Adrian Day looks at gold and last week's Fed meeting, along with recent results from several diverse companies, including a high-yield U.S. company and global blue chip, as well as two gold and silver companies. All are fighting rising costs and a slowing economy, with different effects on different companies.