www.latimes.com

The county of Los Angeles has tentatively agreed to buy the Gas Company Tower, a prominent office skyscraper in downtown Los Angeles, for $215 million in a foreclosure sale. The price is a deep discount from its appraised value of $632 million in 2020, underscoring how much downtown office values have fallen in recent years.

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https://www.sfgate.com/news/world/article/bank-of-england-mulling-first-interest-rate-cut-19611189.php#content

LONDON (AP) — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020 as inflationary pressures in the economy have eased. In a statement Thursday, the bank said that by a 5-4 margin, its policymaking panel backed a quarter-point reduction in its main interest rate to 5%, from the 16-year high of 5.25%. It's the latest central bank to cut interest rates following a long stretch of increases. The U.S. Federal Reserve has yet to take the step but many think it will be ready to next month. Many economists thought that the Bank of England, which is independent of government, would join the Fed in keeping rates on hold once again given persistent price pressures in the services sector, which accounts for around 80% of the British economy. ... Though those concerns remain, certainly among the four opting to keep borrowing rates on hold, the majority on the panel think the hard medicine of higher borrowing costs has worked, with inflation in the U.K overall down at the bank’s target of 2%. “Inflationary pressures have eased enough that we’ve been able to cut interest rates today,” said Bank Gov. Andrew Bailey, who voted for a cut. “But we need to make sure inflation stays low, and be careful not to cut interest rates too quickly or by too much. Ensuring low and stable inflation is the best thing we can do to support economic growth and the prosperity of the country.” Bailey’s comment suggests that interest rates will not be falling dramatically over coming months, certainly nowhere near the pace that the bank had hiked them in recent years. Central banks around the world dramatically increased borrowing costs from near zero during the coronavirus pandemic when prices started to shoot up, first as a result of supply chain issues built up during the pandemic and then because of Russia’s full-scale invasion of Ukraine which pushed up energy costs. Though no one is anticipating rates to fall to those previous lows, there are widespread expectations that the bank will cut again in coming months, especially as its forecasts suggest inflation will be below target in the next couple of years, despite a modest increase in the second half of the year. “But ultimately it is the data that will determine how interest rates evolve from here, with the bank hoping its conviction that underlying inflation pressures are fading will be vindicated,” said Luke Bartholomew, deputy chief economist at abrdn, formerly known as Aberdeen Asset Management. The cut — and the potential of future cuts — are welcome news to millions of mortgage holders, certainly those whose borrowing costs track the bank’s headline rate, though it will likely mean that the savings rates offered by banks will be reduced. David Hollingworth, associate director at L&C Mortgages, said the prospect of further rate cuts will help boost consumer confidence and that could help the housing market. “That will be important reassurance to many that have been scarred by the turbulent and volatile periods in the mortgage market over the last couple of years," he said. Higher interest rates — which cool the economy by making it more expensive to borrow — have helped ease inflation, but they’ve weighed on the British economy, which has barely grown since the pandemic rebound. Critics of the Bank of England say it has being overly cautious about inflation in recent months and that it had maintained high interest rates for too long, unnecessarily harming the economy. Borrowing costs had been held at 5.25% since August last year, even though inflation was clearly on a downtrend while the economy stagnated. It is a charge that’s also been leveled against the U.S. Federal Reserve, which kept rates unchanged on Wednesday. It is widely anticipated that the Fed will Other central banks, including the European Central Bank, have opted to cut rates but are doing so cautiously. July 31, 2024|Updated August 1, 2024 8:00 a.m. PAN PYLAS

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dailyhodl.com

Two of the largest banks in the US are declaring a loss on a whopping $3.5 billion in debts that customers can’t pay back. JPMorgan Chase says its net charge-offs, which are delinquent debts that banks do not expect to receive, hit $2.2 billion in the second quarter of the year. That’s a $200 million increase from the previous quarter and an $800 million increase from Q2 of 2023. Meanwhile, Wells Fargo says its net charge-offs surged from $764 million in Q2 of 2023 to $1.3 billion last quarter – a 70% increase. Although the pace of inflation has reduced, Wells Fargo’s chief financial officer Michael Santomassimo says many customers are clearly struggling as their credit card balances rise and savings dwindle, reports the New York Times. “[Inflation is] still cumulatively having a bit impact. The folks on the lower end of the wealth or income spectrum are struggling more than folks that are on the higher end.” In addition to its charge-offs, JPMorgan declared an additional $500 million in losses from failing mortgage investments. US banks have been sounding the alarm on their customers’ growing credit card balances and issues in the commercial real estate industry since last year. In its new report, Wells Fargo says it earned a Q2 profit of $4.9 billion, although the bank’s shares tumbled 6% on Friday after net interest income fell short of estimates. JPMorgan Chase reported a quarterly profit of $13.1 billion as its stock hovers near its all-time high.

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AI prompt for someone to try
  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearSU
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    Citadel CEO Kenneth Griffin in recent photo wearing a generic fast food worker uniform standing at order counter of fast food restaurant...

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  • Citadel CEO Kenneth Griffin at current age wearing a generic fast food worker uniform standing at order counter of fast food restaurant... ![](https://lemmy.whynotdrs.org/pictrs/image/d08ed532-e097-47bf-89c0-90a807d488c3.jpeg)

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    So a sub-penny stock in a dead company suddenly changes registrars. And none of the search engines I use seem to work this morning. The revolution will not be searchable. EDIT; turns out it's just Bing and Copilot failing... https://www.theregister.com/2024/05/23/bing_and_copilot_fall_from/

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    www.theregister.com

    Nice to know they're on top of their tech when my DRS depends on it... "And Computershare is big: the Australian company had revenue of $3.3 billion last year, its 14,000-plus staff work across more than 20 countries, serving 40,000 clients and 75 million end-customers. All of which requires 24,000 VMs – a fleet few orgs will match."

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    https://old.reddit.com/r/Superstonk/comments/1cta7bw/important_message_by_that_ein_man_that_fachs_mods/

    https://www.reddit.com/r/Superstonk/s/9Mrw1OnwkS https://www.reddit.com/r/Superstonk/s/6UCtww93UB https://www.reddit.com/r/Superstonk/s/0riinDTG2l https://www.reddit.com/r/Superstonk/s/UAtkfWwG1d https://www.reddit.com/r/Superstonk/s/ZwBH9KL425 https://www.reddit.com/r/Superstonk/s/BizpwMAzvb https://www.reddit.com/r/Superstonk/s/cgg6iKqXsi https://www.reddit.com/r/Superstonk/s/ueWSGIFTdm https://www.reddit.com/r/Superstonk/s/7E17M2dfPY https://www.reddit.com/r/Superstonk/s/1MRCid7h7v https://www.reddit.com/r/Superstonk/s/qRaAcvbGN8 https://www.reddit.com/r/Superstonk/s/mDwUgyTwwj https://www.reddit.com/r/Superstonk/s/MomNsGbfsC =========== End of Message Now, this is something I personally want to add: this what happened to him it's the last of many shitty things that happened during this saga. When the time comes, remember all these events, how people got abused and harrassed - and make them pay the RIGHT price (which is a cell and all they own and more). Because I will. Oh, if I will... 💎🤲🏻

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    Superstonk is still trying to silence heat lamp
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    In my view they've changed the presentation of Plan a few times.

    They had Maginot Lines, first just buy from Robinhood, then a "real" broker, then DRS (huge battle) , the Plan is great because better, than broker, then Book only...reddit mods who participated in any of that were complicit. If they didn't get paid for that self-compromise they're morons.

    Sparkles might be both.

    I still think Plan is better than broker, registered to holder and voting. But door is ajar and unlocked.

    They fought every step: In a way that was a kind of a diagram by itself.

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  • https://www.reddit.com/media?url=https://preview.redd.it/eplrr3sxba0d1.jpeg?width=600&auto=webp&s=cce9c81edbde44be1e4754434063d32d97d36367

    This one's been around in other media, tallest building in Ft Worth just sold for 10% at a foreclosure auction. This on top of the pressure from work from home and GME investors not budging. ![](https://lemmy.whynotdrs.org/pictrs/image/dab898a6-f3b4-47b0-aa99-cfdbd86f3945.jpeg)

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    Looks like an interesting day ahead. I'm drinking lots of water. Edit: I ffnd myself in agreement with speculation that this might be a dangerous and expensive (desperate?) rug pull to buck more investors off their back. Likely will just demonstrate how disconnected they are and might run away from them.

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    I get an error and need to reload nearly every time. https://sitereport.netcraft.com/?url=http://lemmy.whynotdrs.org I wonder if cloudflare has any connections with shf's.

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    https://old.reddit.com/r/Superstonk/comments/1ciqum4/simians_smash_sec_rule_proposal_to_reduce_margin/

    Second time around, they're hoping we'll miss this one. Link...https://old.reddit.com/r/Superstonk/comments/1ciqum4/simians_smash_sec_rule_proposal_to_reduce_margin/ From post, full post has long template... "Well done fellow Simians! 👏 Thanks to OVER 2500+ of you beautiful apes, the SEC has decided the OCC Proposal to Reduce Margin Requirements To Prevent A Cascade of Clearing Member Failures is dog shit wrapped in cat shit. We need to kick this while it's down so it's out of the game. ... the Commission is providing notice of the grounds for disapproval under consideration. [SR-OCC-2024-001 34-100009 (pg 4); Federal Register] ​ Notice of the grounds for DISAPPROVAL The phrase "notice of the grounds for DISAPPROVAL" is formal speak for "here are the reasons why this is bullshit". HOWEVER, the rule proposal isn't dead yet. Part of the bureaucratic process is this notification of why it should be disapproved followed by a comment period where the rule proposer and supporters (e.g., OCC, Wall St, and Kenny's friends) can comment and try to push this through by convincing the SEC otherwise. Apes can also comment on the rule proposal IN SUPPORT OF THE SEC and the grounds for disapproval. It's time to kick this to the curb. SEC's Reasons This Proposal Is BS..."

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    www.bbc.com

    So far today the CEO of HSBC has suddenly resigned… https://archive.ph/SgxD2 archive.today webpage capture Saved from https://www.bbc.com/news/articles/czkvnd4g44ro no other snapshots from this url 30 Apr 2024 13:31:34 UTC HSBC chief executive unexpectedly steps down 7 hours ago João da Silva, Business reporter Noel Quinn has led the banking giant for nearly five years. HSBC’s group chief executive Noel Quinn is unexpectedly retiring after nearly five years in the role. Europe’s largest bank says it is in the process of finding a successor for 62-year-old Mr Quinn, who will stay in the role until a new chief executive is named. HSBC is considering candidates from both inside and outside the firm. It comes as the UK-based lender reported a 1.8% drop in profit for the first three months of 2024, compared to the same time last year. The company said that its pre-tax profit for the period came in at $12.7bn (£10bn), which was a little better than expected by market analysts. "After an intense five years, it is now the right time for me to get a better balance between my personal and business life,” Mr Quinn said. Mr Quinn, who has worked at HSBC for 37 years, was first appointed as its chief executive on an interim basis in 2019, after his predecessor John Flint was ousted from the role. In March 2020, he took the reins of HSBC on a permanent basis. “[Mr Quinn] has driven both our transformation strategy and created a simpler, more focused business that delivers higher returns,” HSBC’s chairman Mark Tucker said. Along with its quarterly results, the bank announced an interim payout to investors of $0.10 per share and said it would buy back up to $3bn of its shares. HSBC recently completed the sale of its operations in Canada and announced plans to do the same with its business in Argentina. The sales are part of efforts by the London-based bank to focus more on faster-growing markets in Asia. Shanti Kelemen, chief investment office at M&G Wealth, told the BBC’s Today programme that it “has probably been a very intense five years” and that Mr Quinn “has had a very long career”. She said that Mr Quinn had changed the shape of the bank during his time at the top, by such actions as selling HSBC’s Argentina business, leaving Canada, and stepping up Asia operations. “What he’s done will probably reverberate and determine the path of their success for certainly several years to come,” she added. UK banking International Business HSBC

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    Tuesday Tuesday Tuesday
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    So far today the CEO of HSBC has suddenly resigned... https://archive.ph/SgxD2

    archive.today webpage capture Saved from https://www.bbc.com/news/articles/czkvnd4g44ro no other snapshots from this url 30 Apr 2024 13:31:34 UTC

    HSBC chief executive unexpectedly steps down 7 hours ago João da Silva, Business reporter

    Noel Quinn has led the banking giant for nearly five years HSBC's group chief executive Noel Quinn is unexpectedly retiring after nearly five years in the role. Europe's largest bank says it is in the process of finding a successor for 62-year-old Mr Quinn, who will stay in the role until a new chief executive is named. HSBC is considering candidates from both inside and outside the firm. It comes as the UK-based lender reported a 1.8% drop in profit for the first three months of 2024, compared to the same time last year. The company said that its pre-tax profit for the period came in at $12.7bn (£10bn), which was a little better than expected by market analysts. "After an intense five years, it is now the right time for me to get a better balance between my personal and business life,” Mr Quinn said. Mr Quinn, who has worked at HSBC for 37 years, was first appointed as its chief executive on an interim basis in 2019, after his predecessor John Flint was ousted from the role. In March 2020, he took the reins of HSBC on a permanent basis. "[Mr Quinn] has driven both our transformation strategy and created a simpler, more focused business that delivers higher returns," HSBC's chairman Mark Tucker said. Along with its quarterly results, the bank announced an interim payout to investors of $0.10 per share and said it would buy back up to $3bn of its shares. HSBC recently completed the sale of its operations in Canada and announced plans to do the same with its business in Argentina. The sales are part of efforts by the London-based bank to focus more on faster-growing markets in Asia. Shanti Kelemen, chief investment office at M&G Wealth, told the BBC's Today programme that it "has probably been a very intense five years" and that Mr Quinn "has had a very long career". She said that Mr Quinn had changed the shape of the bank during his time at the top, by such actions as selling HSBC's Argentina business, leaving Canada, and stepping up Asia operations. "What he's done will probably reverberate and determine the path of their success for certainly several years to come," she added. UK banking International Business HSBC

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  • https://www.fdic.gov/news/press-releases/fulton-bank-na-lancaster-pennsylvania-assumes-substantially-all-deposits

    "The Pennsylvania Department of Banking and Securities closed Republic First Bank (operating as Republic Bank), with the FDIC appointed as receiver. Fulton Bank has agreed to assume nearly all deposits and purchase almost all assets of Republic Bank. Republic Bank's 32 branches across New Jersey, Pennsylvania, and New York will reopen as Fulton Bank branches, and customers can access their funds through checks, ATMs, or debit cards. Existing checks and loan payments will continue to be processed as usual. Depositors of Republic Bank will automatically become depositors of Fulton Bank, maintaining their existing deposit insurance coverage without needing to change their banking relationships. As of January 31, 2024, Republic Bank had about $6 billion in assets and $4 billion in deposits. The estimated cost of this bank failure to the FDIC’s Deposit Insurance Fund is $667 million, with the acquisition by Fulton Bank being the least costly resolution compared to other options.

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    https://www.fdic.gov/news/press-releases/fulton-bank-na-lancaster-pennsylvania-assumes-substantially-all-deposits

    Posted on Supa... TLDRS "The Pennsylvania Department of Banking and Securities closed Republic First Bank (operating as Republic Bank), with the FDIC appointed as receiver. Fulton Bank has agreed to assume nearly all deposits and purchase almost all assets of Republic Bank. Republic Bank's 32 branches across New Jersey, Pennsylvania, and New York will reopen as Fulton Bank branches, and customers can access their funds through checks, ATMs, or debit cards. Existing checks and loan payments will continue to be processed as usual. Depositors of Republic Bank will automatically become depositors of Fulton Bank, maintaining their existing deposit insurance coverage without needing to change their banking relationships. As of January 31, 2024, Republic Bank had about $6 billion in assets and $4 billion in deposits. The estimated cost of this bank failure to the FDIC’s Deposit Insurance Fund is $667 million, with the acquisition by Fulton Bank being the least costly resolution compared to other options."

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    https://www.sfgate.com/local/article/995-market-st-san-francisco-office-market-19420409.php

    " A steep price cut on a San Francisco building marks one of the starkest recent indicators of the city’s struggling office market. An empty 16-story building at 995 Market St. just sold for $6.5 million, a nearly 90% plunge from its 2016 price of $62 million. The mid-Market tower at the corner of Sixth Street once housed Burning Man’s headquarters, as well as a large WeWork space. But once the co-working firm departed, the building failed to fill the gap and hasn’t been generating revenue for some time. The site’s previous owner, Bridgeton, stopped making monthly payments on the tower last year and defaulted on its loan in December. The public auction sale, which the San Francisco Business Times first reported on, marks a stunning discount for the buyer, LNR Partners, an affiliate of Florida-based investor Starwood Property Trust. LNR had also been appointed to oversee the distressed loan. The price drop reflects the site’s transition from a leased-out hub during during a boom-time for tech, to a space that’s sat empty while remote work has ravaged San Francisco offices overall. “Office markets are going through what some are calling ‘The Great Reset,’” Derek Daniels, regional director of research at Colliers, told SFGATE. The market of today isn’t the market of 2016, and sales like this reflect a necessary adjustment. Buildings changing hands and resetting their values will also affect rents and lease rates across the market, he said. “Any transactions happening right now, particularly in the mid-Market area, are a generally positive sign for San Francisco offices,” he added"

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    Dismal just posted this on Super stonk... "On April 30, 2024 DTC will implement changes to modify collateral value for certain securities, which may affect the value of positions applied to the Collateral Monitor. The increase in the haircut for corporate bonds rated B1 to B3 from 50% to 70% significantly decreases the value of these bonds as collateral. The assignment of a 100% haircut to ETFs and investment vehicles that include cryptocurrencies as an underlying asset renders these investments valueless for collateral purposes. This reduction may lead to margin calls for participants using these instruments to secure short positions against GameStop." OG file... https://www.dtcc.com/-/media/Files/pdf/2024/4/26/B20002-24.pdf Dismal's writeup with charts... https://dismal-jellyfish.com/significant-changes-to-dtc-collateral-values-announced/

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    www.theregister.com

    No reason to go to the link unless you're in IT in some way, but someone mentioned in that convo that AI companies are floating loans for 100's of millions to build data centers...no problrm right? Is that the theme from Jaws? But thats not all; they're using the processor chips as collateral! Think how fast those lose value, add in a looming CRE/CMBS disaster we've mentioned many times, then consider that if they miss a payment the note-holder will have what recourse? Some outdated Nvidia graphics cards to repo. It's like they're purposely setting out to nuke the future economy. Perhaps to fuck long holders over? And retirees? And set them at each other? The only answer I can summon is that the powers think that the economy will end soon and are grabbing everything they can in a panic.

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    Baltimore Bridge Collapse Reverberates From Cars to Coal (Which Industry in the Area was "the" target?)
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    The target is any industry that cuts costs. The terrorists are MBAs.

    There should have been more crew. There should have been tugboats escorting the ship so an engine failure wouldn't endanger a public bridge.

    They are externalising any possible cost and then spreading bs conspiracies.

    The train that blew up in Ohio was less than an hour from Pittsburgh. If it it had happened there, how much damage and death would have resulted? Every us railroad is cutting costs, tearing up track the MBAs don't understand the immediate use for.

    Anything happens, that's what the taxpayer is for.

    Remember this shittiness when they're in prison. Faulty lights, expensive internet that's slow, fires, foul drinking water, etc. We need to constantly rub their noses in all possible cost cutting, while posting signs about how the prison is having a record year.

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  • www.standard.co.uk

    OP is here...https://lemmy.world/post/13598257?scrollToComments=false "Money is flowing out of the London equities at a faster pace than ever, despite government efforts to boost the stock market. According to Investment Association recent figures UK savers took £14 billion out of UK equities last year, the eighth consecutive year of outflows. New research by SCM Direct for the Evening Standard suggests this situation is getting worse rather than better despite some experts insisting London shares are now so cheap they represent a buying opportunity. SCM looked at money flowing through Exchange Traded Funds, an increasingly popular tool for both small investors and large institutions. Of 17 European countries, only four – Austria, Norway, Germany, Holland – have seen greater percentage outflows of money this year. The largest UK equity ETF is the iShares Core FTSE 100 ETF which has a massive £14.8 Bn invested in it – this compares with the largest US Equities ETF worldwide, the SPDR S&P 500 ETF that holds $507 Bn in assets. Alan Miller of SCM Direct said: “Europe as a whole has seen money coming in not out. This is part of the reason for the abysmal showing of the UK market this year – the FTSE 100 is up just 0.2% vs +10.6% for the Euro Stoxx 50.” Miller adds: “There are some underlying fundamental reasons for the poor performance of UK equities, the over-representation in the ‘old’ economy i rather than tech, together with the ongoing uncertainties surrounding Brexit and its economic implications. Political instability, including changes in leadership and policy direction, has also contributed to a lack of confidence in UK equities. But this simply does not account for the gulf in performance and valuations between the UK and its peers.” One problem is that pension funds have just 4% of their assets in UK shares compared to 50% in 1990. This compares with Australia & Canada, both small markets, being 22% and 9% respectively of their pension funds. In fact, the pension fund that invests on behalf of Britain’s MPs and ministers, has just 1.7% invested in UK-listed companies."

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    Trucker Ape spreading the DRS word
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    This trucking company rents the back panel of their curtainside trailers for advertising. Someone spent to get that printed and displayed, good on 'em.

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  • Earnings $6.7 mil for fiscal year 2023
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    From superstonk...

    "[–]IThatAsianGuyI🦍Voted✅ [score hidden] an hour ago They had a $319mil swing in terms of profitability while taking in almost $500mil less in the quarter.

    That's actually wild."

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  • https://investor.gamestop.com/news-releases/news-release-details/gamestop-reports-fourth-quarter-and-fiscal-year-2023-results

    ***"Net income was $6.7 million for fiscal year 2023, compared to a net loss of $313.1 million for fiscal year 2022."*** FOURTH QUARTER OVERVIEW Net sales were $1.794 billion for the fourth quarter, compared to $2.226 billion in the prior year's fourth quarter. Selling, general and administrative (“SG&A”) expenses were $359.2 million, or 20.0% of net sales, for the fourth quarter, compared to $453.4 million, or 20.4% of net sales, in the prior year's fourth quarter. Net income was $63.1 million for the fourth quarter, compared to net income of $48.2 million for the prior year’s fourth quarter. Cash, cash equivalents and marketable securities were $1.199 billion at the close of the quarter. Long-term debt remains limited to a low-interest, unsecured term loan associated with the French government's response to COVID-19. FULL YEAR OVERVIEW Net sales were $5.273 billion for fiscal year 2023, compared to $5.927 billion for fiscal year 2022. SG&A expenses were $1.324 billion, or 25.1% of net sales, for fiscal year 2023, compared to $1.681 billion, or 28.4% of net sales, for fiscal year 2022. ***Net income was $6.7 million for fiscal year 2023, compared to a net loss of $313.1 million for fiscal year 2022.*** Adjusted EBITDA of $64.7 million for fiscal year 2023, compared to adjusted EBITDA of ($192.7) million for fiscal year 2022. The Company will not be holding a conference call today. Additional information can be found in the Company’s Form 10-K.**___**

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    GME rejects shareholder proposals, debunks heat lamp...DismalJellyfish
  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearSU
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    We aren't acquainted. I have read his posts sometimes.

    Then noticed he was being "debunked" and attacked on a sub while on break earlier this year and thought it odd. Maybe I missed something? I don't go on Twitter, so miss things.

    So I went to read his own site. I don't agree perfectly with all of his assertions, but un general didn't see attempts to undermine or divide. He likes researching and digging and connecting. All good things to me.

    I am aware that his assertion that heatlamp is debunked may aggravate some, I think it's more nuanced than has been presented by "both" sides, and agree that it smells a little like a purity test.

    If we're going to have actual discussions, I want to make way for others who keep open so they feel welcome. I don't have religion about theories, the truth will out and is my friend. Sometimes theories are a light held up that shines through previous misconceptions. But they are also not perfect.

    First thing, many bought from brokers for a while. There was a severe resistance to DRS at first, and a lot of arguing and FUD.

    Then came Book vs Plan, then more about how CS works...we're still learning and some stuff won't be truky known until it's hindsight.

    If Plan isn't really DRS, why was I able to vote before I had mine all Booked? CS treated me like a stockholder.

    I see it as vitally important to present accurate info if this place is going to be respected. We've seen what happened to Bets and to Superstonk and to PP.

    If a person holds in Plan and can help vote to keep the board whole, I am not going to criticise theur choice. It's their life, their holdings, their comfort zone, their account.

    I feel that I am not an expert here. I'm trying to jump start this place by bringing things I find for general consideration and interest, so that more people might see this as a resource and a non-scary place to post their own thoughts and questions, so we can all learn.

    If I've misjudged this place and brought objectionable things like a cat bringing a dead mouse, please advise and I'll desist.

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  • Heavy armor-plated historical foil at the bottom of the Atlantic
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    And now someone's building a replica... https://www.maritime-executive.com/article/titanic-ii-the-ship-of-dreams-palmer-says-he-is-ready-to-move-forward

    "Onboard passengers would be encouraged Palmer says to dress in period styles and partake in all the experiences of the Titanic of 1912. Among the offerings he says would be a recreation of the steerage dining room which served the immigrants aboard at long, communal tables and basic meals such as stew with mashed potatoes. (Modern food choices would also be available.) He also adds viewing platforms in the forward two funnels.

    The famed movie starring Leonardo DiCaprio and Kate Winslet was a 1997 box office blockbuster and called the Titanic, “The ship of dreams.” "

    Dreams isn't the word I would use for nocturnal considerations of such a vessel. I would be hoping to wake up and change the subject.

    1
  • I am not an insider and have no secret info. That said, with the wind behind me going downhill, I have, in the past, been able to add 2 and 2, not going to reveal the answer I came up with, do your own calculating. Earnings is coming up in a week or so. For poor people, a question might be: Should one risk savings to buy further in? For those who don't even read Reddit or social meeja, note that it's been reported that GameStop revised their logo on Facebook recently. The red Stop part is now white, and the background is now black. I have no idea what is actually going to be reported, yet it is a particularly interesting change of logo colors to be made at this time, and could possibly be construed as a metaphorical indication by someone who is regarded. As always, one indicator of whether I've hit a nerve with my scattershot clumsiness is the presence of down votes to try to lower the post's position and hide it. Fortunately I'm beneath having an ego attachment to my posts, so down votes merely serve as an indication and mean nothing more. It's an easy way to test for veracity and being on-point.

    8
    2
    Perfect use for those DRSed shares likely coming up
  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearSU
    SubDRSive
    Now 100%

    Also, if anyone finds out that they can't vote with Plan shares, please post about it.

    I'm a Book person myself, but appreciate anyone who buys and holds, however they do it. The whole stock buying experience is a confusing mess, purposefully designed to separate investors from their funds, it makes cryoto look honest, so not looking down on someone for trying. I think it's great that this site tries to help.

    I would like ti see DRS as the default, like it was when there were paper shares. Iirc, Australia does it by default now.

    3
  • GME rejects shareholder proposals, debunks heat lamp...DismalJellyfish
  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearSU
    SubDRSive
    Now 66%

    I closed my blogs because of AI and search bots benefitting. I didn't want to work cheap for billionaires and it's obvious only corporations have copyright protection in the USA now.

    No big loss, my words and photos weren't popular.

    That said, if Dismal wants to post, I'll happily read.

    1
  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearSU
    Now
    77 96

    SubDRSive

    lemmy.whynotdrs.org