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Cohen & Co. Swings To Net Profit In Q1; Revenues Soar

RTTNews | 197 दिनों पहले

Cohen & Co. Swings To Net Profit In Q1; Revenues Soar

(RTTNews) - Financial services company Cohen & Co. Inc. (COHN) reported Monday net income attributable to Company for the first quarter of $2.02 million or $1.28 per share, compared to a net loss of $2.64 million or $1.77 per share in the prior-year quarter.

Adjusted pre-tax income for the quarter was $7.7 million or $1.37 per share, compared to adjusted pre-tax loss of $9.6 million or $1.74 per share in the year-ago quarter.

Total revenues for the quarter surged to $18.56 million from $8.82 million in the same quarter last year.

The Company's Board of Directors has also declared a quarterly dividend of $0.25 per share, payable on June 5, 2024, to stockholders of record as of May 20, 2024.

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टैग: COHN

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U.S. Housing Starts Tumble More Than Expected In October

U.S. Housing Starts Tumble More Than Expected In October

New residential construction in the U.S. tumbled by more than expected in the month of October, according to a report released by the Commerce Department on Tuesday.

RTTNews | 5घंटे 49 मिनट पहले

Eurozone Inflation Rises To 2% As Estimated

Eurozone Inflation Rises To 2% As Estimated

Eurozone inflation returned to the 2 percent target in October, final data from Eurostat showed on Tuesday. The harmonized index of consumer prices climbed as initially estimated in October after rising 1.7 percent in September. Core inflation that excludes prices of energy, food, alcohol and tobacco, remained unchanged at 2.7 percent in October.

RTTNews | 6घंटे 8 मिनट पहले

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Canadian shares look headed for a weak start on Tuesday amid rising geopolitical concerns after Russian President Vladimir Putin updated nuclear doctrine.

RTTNews | 6घंटे 33 मिनट पहले

Euro Slides Against Majors

Euro Slides Against Majors

The euro weakened against other major currencies in the European session on Tuesday, as traders are worried that protectionist policies by President-elected Donald Trump could disrupt the Eurozone's growth potential.

RTTNews | 6घंटे 39 मिनट पहले

FTSE 100 Slips As Geopolitics Weighs

FTSE 100 Slips As Geopolitics Weighs

The FTSE 100 benchmark of the London Stock Exchange aligned with the trend in European markets to trade in the red amidst a massive spike in geopolitical concerns. However, the index managed to outperform its European peers.

RTTNews | 6घंटे 43 मिनट पहले

European Stocks Tumble As Russia-Ukraine War Hurts Sentiment

European Stocks Tumble As Russia-Ukraine War Hurts Sentiment

European stocks are reeling under a bout of selling pressure on Tuesday following an escalation in the Russia - Ukraine war, and amid uncertainty about U.S. interest-rate trajectory and the outlook for global economic growth.

RTTNews | 6घंटे 52 मिनट पहले

Ukraine Conflict Drags Down CAC 40

Ukraine Conflict Drags Down CAC 40

Market sentiment remains heavily impacted by the heightened tensions between Ukraine and Russia over the past few days.

RTTNews | 7घंटे 34 मिनट पहले

DAX Slips As War Worries Return

DAX Slips As War Worries Return

An escalation in tensions between Ukraine and Russia dampened sentiment in European markets causing the DAX to slip close to a percent.

RTTNews | 8घंटे 4 मिनट पहले

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