Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ericsson SA targets enterprise and fintech vertical growth
Siseko Ngxola, cluster head of Ericsson South Africa. Multinational telecommunications and networking technology firm Ericsson South Africa has prioritised the enterprise and fintech vertical markets while responding to demand for networking…
Industrials Down on Inflation Concerns -- Industrials Roundup
Shares of industrial and transportation companies fell amid fears of wholesale inflation. Iran's deal with Oman to reopen the Strait of Hormuz could exclude U.S. craft, Bloomberg News reported. Fears that the deal would fail to fully reopen the key…
Top Fintech Stocks Worth Watching - August 6th
Rocket Companies Turns Around, But Mortgage Risk Remains Rocket Companies, Joint Stock Company Kaspi.kz, Wealthfront, IDT, and UP Fintech are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are…
Maezawa Kyuso Industries 1Q Parent Net Y653.00M Vs Net Y1.01B
Maezawa Kyuso Industries Co. Ltd. (6485.TO) Japan 1st Quarter Ended June 30 PARENT 2026 2025 Revenue Y8.57 bln Y7.72 bln Operating Profit Y885.00 mln Y672.00 mln Pretax Profit Y975.00 mln Y736.00 mln Net Profit Y653.00 mln Y1.01 bln Per share…
Sinko Industries 1Q Net Y1.07B Vs Net Y1.31B
Sinko Industries Ltd. (6458.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y11.45 bln Y12.23 bln Operating Profit Y1.18 bln Y1.66 bln Pretax Profit Y1.54 bln Y1.92 bln Net Profit Y1.07 bln Y1.31 bln Per share Earnings Y15.97 Y18.79…
Kurita Water Industries 1Q Net Y14.35B Vs Net Y5.64B
Kurita Water Industries Ltd. (6370.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y99.90 bln Y87.42 bln Operating Profit Y14.29 bln Y9.02 bln Pretax Profit Y14.62 bln Y8.92 bln Net Profit Y14.35 bln Y5.64 bln Per share Earnings Y131.83…
Akebono Brake Industry 1Q Net Y54.00M Vs Loss Y126.00M
Akebono Brake Industry Co. Ltd. (7238.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y37.22 bln Y39.87 bln Operating Profit Y1.40 bln Y1.36 bln Pretax Profit Y1.19 bln Y686.00 mln Net Profit Y54.00 mln (Y126.00 mln) Per share Earnings…
Platforms Can't Be Run in India As Per US Law': Govt Tells Meta on Compliance; Discussion on Whatsapp Expected Soon
New Delhi: Government sources have clarified that social media platforms operating in India must adhere to Indian laws rather than those of any other country. “Platforms can't be run in India as per US law. These are technical matters; every…
Materials Down Ahead of Jobs Data -- Materials Roundup
Producers of metals, grains and other raw materials fell as the U.S. dollar rebounded due to doubts about the reopening of the Strait of Hormuz. Gold futures were more or less flat, at $4242 a troy ounce, ahead of the key July jobs data. Albemarle…
Energy Up on Oil Rally, Conoco Earnings -- Energy Roundup
Shares of energy companies rose after Conoco earnings and an up-tick in oil prices. Shares of Houston oil major ConocoPhillips rose as the exploration-and-production giant posted second-quarter adjusted earnings ahead of Wall Street targets. Oil…
Financials Down on Jobs, Iran Fears -- Financials Roundup
Shares of banks and other financial institutions fell amid trepidation ahead of jobs data and Middle East developments. Shares of UWM plunged after the wholesale mortgage lender suspended its dividend. Among other mortgage lenders, Rocket Mortgage…
Health Care Flat on Defensive Bias -- Health Care Roundup
Health-care companies were more or less flat as traders rotated into the defensive sector ahead of jobs data. Over-the-counter drugs maker Kenvue, which was spun off by Johnson & Johnson, posted growth in second-quarter earnings and revenue. Write…
Sunoco Agrees to Acquire Offen Petroleum for $600M
Sunoco agreed to acquire Offen Petroleum for around $600 million in cash. The energy company said the addition of Offen, which distributes around 2.5 billion gallons of fuel annually in the U.S., would bolster its existing fuel distribution…
Southside Bancshares Lifts Quarterly Dividend 2.8%
Southside Bancshares is increasing its dividend by 2.8% to 37 cents a share, up from 36 cents. The new payout, equal to $1.48 a year, represents a 4.5% yield based on the company's Thursday closing price of $32.66. The dividend will be paid on…
Wheaton Precious Metals 2Q Revenue Rises on Higher Gold Prices
Wheaton Precious Metals logged higher revenue in its latest quarter, benefiting from higher average gold prices. The Canadian precious metals streaming company on Thursday posted a second-quarter profit of $543.2 million, or $1.19 a share, compared…
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