PT Bank Jago Tbk (Bank Jago), an Indonesia-listed bank, has selected Mambu’s SaaS banking platform as its technology foundation as the bank begins its journey towards operating as a technology based-bank.
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Apparel retailer Express (
EXPR) - Get Report reported a narrower-than-expected loss for its fiscal first quarter on Thursday, as well as strong revenues that beat analyst estimates.
The company posted a quarterly net loss of 55 cents per share on revenue of $345.8 million, a 64% year-over-year increase. Analysts were expecting a net loss of 58 cents per share on revenue of $323 million. We are well positioned for the post pandemic world, we are on track to achieve our goal of $1.0 billion in eCommerce demand by 2024, and I expect that we will return to positive operating cash flow in the second quarter and positive EBITDA in the third quarter, said CEO Tim Baxter.
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LiquidityBook names Sayant Chatterjee COO 2 hours ago
Source: LiquidityBook LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the hire of Sayant Chatterjee as Chief Operating Officer.
In his role, he will drive strategic alignment across all departments and help execute plans for expansion, with a primary focus on enhancing LiquidityBook’s sell-side products and services. He will be based in the firm’s New York office.
A veteran in the capital markets technology space with over 20 years of experience working with the broker-dealer community to design and deliver complex global solutions, Mr. Chatterjee will help scale LiquidityBook’s sell-side product suite and deepen its commitment to this aspect of its bu
Today, Wyre, a leading blockchain payments company, announced a new Wyre Savings API where FinTechs can access yield-earning savings products leveraging Stellar USDC.
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AMC Entertainment (
AMC) - Get Report shares fell sharply Thursday after the group said it plans to sell around $800 million in shares though an open market program and cautioned investors against purchasing them unless you are prepared to incur the risk of losing all or a substantial portion of your investment.
In a Securities and Exchange Commission filing published Thursday, AMC said it would look to sell 12 million class A common shares through B. Riley Securities, Inc. and Citigroup Global Markets from time to time, through an “at-the-market” offering program.
AMC raised around $430 million from the sale of 43 million shares into the open market in early May, at $9.94 each. It also sold 8.5 million shares directly to Mudrick Capital earlier this week, with the hedge fund immediately flipping the shares into the open market after reportedly citing them as overvalued .