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Fulton Financial Reports Strong Earnings and Announces Quarterly Dividend

Fulton Financial Co. reported quarterly revenue of $322.64 million, exceeding expectations of $315.07 million, with earnings per share of $0.52, surpassing the consensus estimate of $0.44. The company announced a quarterly dividend of $0.18 per share, yielding 4.17%, and has a dividend payout ratio of 42.35%. Analysts maintain a "Hold" rating on the stock, with a consensus price target of $20.30.

canada goose shares see significant institutional trading activity and analyst ratings

Canada Goose Holdings Inc. (NYSE:GOOS) saw significant changes in institutional ownership, with Barclays PLC reducing its stake by 90.1% in the last quarter. Analysts currently rate the stock as "Hold," with a consensus price target of $10.20, while shares opened at $9.10, reflecting a 1.0% decline. The company, which specializes in luxury apparel, operates through Direct-to-Consumer, Wholesale, and Other segments across various global markets.

vp bank announces strategic adjustments and attractive dividend at annual meeting

VP Bank's 62nd annual general meeting in Vaduz revealed a strategic shift following a challenging 2024, with shareholders approving a dividend of CHF 4 per share A, yielding 5.2%. Despite a decline in share price, client activities showed growth, and the bank is optimistic about 2025, aiming to leverage market instability. New board members include Dr. Stephan Ochsner and Barbara Ofner, enhancing governance expertise.

Tether relocates headquarters to El Salvador amid growing stablecoin market

Tether, the largest stablecoin issuer, is relocating its headquarters to El Salvador after obtaining a Digital Asset Service Provider license. CEO Paolo Ardoino confirmed that while management will move, most of the 100+ employees will remain remote. This move aligns with El Salvador's ambition to be a digital currency hub, following its historic adoption of Bitcoin as legal tender.

Tether relocates operations to El Salvador to enhance digital asset adoption

Tether is relocating its operations to El Salvador after acquiring a Digital Asset Service Provider license, joining Bitfinex Derivatives in the move. The stablecoin issuer aims to leverage the country's bitcoin-friendly policies to enhance financial inclusion and support the adoption of digital assets in emerging markets. CEO Paolo Ardoino emphasized the alignment with El Salvador's vision for financial freedom and innovation.
22:10 13.01.2025

Tether relocates to El Salvador to enhance focus on innovation and markets

Tether, the issuer of the USDT stablecoin, is relocating its operations to Bitcoin-friendly El Salvador after acquiring a Digital Asset Service Provider license. This move aligns with the country's vision of financial freedom and innovation, as it aims to attract tech entrepreneurs and strengthen its regulatory environment.Despite Tether's significance in the crypto market, it faces scrutiny over transparency regarding its reserves and has denied reports of a U.S. investigation into potential violations of sanctions and anti-money-laundering rules. El Salvador continues to evolve as a digital nomad hub, attracting crypto businesses like Bitfinex, which recently announced its own relocation to the country.
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