Earnings Call Summary | EUROBANK ERGASIAS SERVICES&HLDGS UNSP ADS EA REP 0.5 ORD SHS(EGFEY.US) Q4 2023 Earnings Conference
The following is a summary of the Eurobank Ergasias Services and Holdings S.A. (EGFEY) Q4 2023 Earnings Call Transcript:Financial Performance:Eurobank reported a record core profit in 2023, with a 70%
Eurobank Ergasias Reports 9M Results
Eurobank Ergasias Reports 1H Results
Eurobank Ergasias GAAP EPS of €0.06
Eurobank Ergasias GAAP EPS of €0.30, Total Operating Income of €2.09B
Eurobank Ergasias GAAP EPS of €0.25, revenue of €1.53B
Eurobank Ergasias press release (OTCPK:EGFEY): 1H GAAP EPS of €0.25. Revenue of €1.53B (+65.6% Y/Y).
The annual meeting of global central banks will be held this week, waiting for the Fed to declare its position.
Original title: the annual global central bank meeting held this week, waiting for the Fed to declare its position, the annual Jackson Hole annual meeting of global central banks will be held this week, which has always been regarded as a bellwether for the next stage of policy direction of the world's central banks, especially the Federal Reserve. The same is true of this year's meeting. It is widely expected that Federal Reserve Chairman Colin Powell will disclose more details of the plan to scale back bond purchases at this meeting. In response to the impact of the COVID-19 epidemic, the Federal Reserve has been buying $80 billion of US Treasuries and $40 billion of mortgage-backed securities every month since last year to provide additional stimulus to the economy. Now, the Fed is facing
General Motors Co's $1 billion recall of all Bolt EV battery suppliers LG will compensate for the losses.
A few days ago, General Motors Co said that because of the risk of fire in the high-voltage battery pack, 1 billion US dollars would be needed to expand the recall of Bolt electric vehicles. It is a blow to the largest US carmaker as it seeks to boost sales of electric vehicles. General Motors Co also said that because of this problem, the sales of electric vehicles will be suspended indefinitely and will seek compensation from battery supplier LG. The recall covers 73000 vehicles from 2019 to 2022. LG said in a statement: "the ratio of reserves to recall costs will depend on the results of a joint investigation into the root cause, currently by
Capital Macro: the dollar is overvalued but will continue to rise in the next 6-12 months
Thomas Mathews, an economist at Capital Macro, said that while the US's foreign assets and large current account deficit suggest that the dollar is "somewhat" overvalued, the dollar is likely to rise further in the next 6-12 months. Mathews wrote in a research note on Friday that the rise in the dollar benefited from a faster rise in U.S. yields than in other advanced economies, which is expected to continue, which in turn will push the dollar higher further. The dollar index hit a high for the year on Thursday, reflecting the dollar's avoidance amid economic uncertainty caused by the spread of Delta mutant strains.
No Data