Money Management

Boston Beer (SAM) up 34% since last earnings report: can it continue?

A month has passed since the last Boston Beer (SAM) earnings report. Stocks rose about 34% during that time, outperforming the S&P 500. Will the recent positive trend continue until its next earnings release, or is Boston Beer likely to experience a pullback? Before we dive into how investors and …

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Banks warn that up to half of ‘rebound’ loans will not be repaid

monday 01 june 2020 13:39 British banks have reportedly warned that up to half of the government’s “rebound loans” are unlikely to be repaid. Senior bankers have estimated that between 40 and 50 percent of rebound borrowers could default on debt, report says by the Financial Times. As businesses brace …

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Over £ 1billion in Bounce Back loan repayments halted as frauds exposed – Car Dealer Magazine

Banks have blocked the payment of £ 1.1bn in fraudulent coronavirus business support loans, it has been revealed. The government-owned economic development bank, British Business Bank, told Public Accounts Committee MPs that lenders had turned down 26,933 Bounce Back loan applications for fear they were fraudulent. This means that the …

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Barclays Offers Compensation to Customers Pending Covid Loans

Barclays Offers £ 100 Compensation to Small Business Owners Who Expect Bounce Back Loans Called “Insulting” By Lucy White for the Daily Mail Posted: 4:51 p.m. EST, May 13, 2020 | Update: 4:51 p.m. EST, May 13, 2020 Barclays began offering compensation to customers who waited more than a week …

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IMM, Hawthorn River Lending Partner to accelerate the digital transformation of community banks

RAHWAY, New Jersey – (COMMERCIAL THREAD) –IMM, the only electronic signature supplier specializing in digital transaction solutions exclusively for financial institutions, and Hawthorn River, the developer of loan origination software for community banks, today announced that the companies have partnered to provide an end-to-end automated digital loan origination solution, helping …

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Toyobo develops new functional OPP barrier film

Product designed to promote single-material packaging and plastic recycling OSAKA, Japan, February 1, 2021 / PRNewswire / – Toyobo Co., Ltd. has developed a new Biaxially Oriented Polypropylene (BOPP) film with a high gas barrier function that will allow mono-material packaging. The product, named DP065, will be presented to customers …

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What does lower interest rates mean for mortgages and savers? | Money

Bank of England’s 0.5% emergency rate cut amid coronavirus outbreak will mean monthly savings for households with follow-on mortgages, but more pain for savers as interest paid shrinks again – and for most borrowers who have fixed-rate mortgages there is no gain at all. I have a fixed rate mortgage …

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Schilling, Bonds and Clemens fail at HOF Baseball in 2021

Curt Schilling, Barry Bonds and Roger Clemens were among the closest to being elected, but fell short of the 75% needed for induction. NEW YORK – The Baseball Hall of Fame will have no new players in the Class of 2021 after voters decide no one has merit – on …

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Lin Wood – lawyer closely linked to Trump – permanently banned from Twitter after claiming Capitol Siege was “staged”

Top line L. Lin Wood, a lawyer and QAnon supporter closely linked to Trump who recently pushed himself in the spotlight by pushing wild conspiracy theories on the election and filing frivolous lawsuits on behalf of the president, was permanently suspended by Twitter on Wednesday after suggesting that the mob’s …

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