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(RTTNews) – Ennis, Inc., (EBF) a U.S. based supplier of business products, Monday reported lower earnings for its fourth quarter in spite of higher revenues For the fourth quarter, Net earnings came in at $8.84 million compared to $9.02 million last year. The company reported a one time other expense of $4.2 million this quarter as compared to an income of $406 million reported for the same period previous year. Diluted earnings per share were $0.35 for the quarter, flat with the prior year However, quarterly revenue rose 4 percent to $96.4 million, helped by acquisitions that contributed $8.8 million…

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Policy-makers are increasingly operating in a “grey zone” with an unclear direction of travel, and communication must evolve to capture these nuances, senior central bank economists have argued at the International Monetary Fund’s Spring Meetings.At a panel at the event in Washington on April 16, participants discussed how monetary policy frameworks should react to structural trends in the global economy, including changes in demographics, climate, technology and geopolitics.Philip Lane, chief Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with all other subscription benefits,…

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You can call it a comeback. Stocks rocketed to record highs last week on hopes of a peace deal with Iran, with the S & P 500 closing above 7,100 for the first time and the Nasdaq completing its longest-winning stretch since 1992 — 13 days of gains. For the week, the broad-based S & P jumped 4% while the tech-heavy Nasdaq rose 6%. The Dow Jones Industrial Average increased 1.7%. It capped a rare and dramatic turnaround for the stocks. As Barclays strategist Venu Krishna pointed out in a note to clients, the S & P 500 went from…

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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxFormer Trust Bank Chief Strategy Officer Nick Woodruff has joined SC Ventures as Head of Early-Stage Ventures.The move follows his departure from Trust Bank, where he spent five years as part of the founding team and held roles spanning strategy, product, marketing and Gen AI.Prior to joining Trust Bank, Woodruff spent a decade at Standard Chartered and earlier held roles at Finsbury Glover Hering, and Barclays.Nick WoodruffHe said,“During my time at Trust Bank Singapore and FGS Global, I’ve seen first-hand the positive impact of venture building, particularly the…

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Alibaba shares have accelerated their gains this month as the Chinese e-commerce giant has released a succession of new artificial intelligence models. “Alibaba’s approach of having a large range of AI models [is] a smart strategic play that sets it apart from other players and designed for efficiency,” said Brian Tycangco, an analyst at Stansberry Research. “A single large model that carries enormous features may not be practical for AI markets that don’t require complex search and compute,” he said. “This makes it too expensive for a good portion of the addressable market that needs an AI model for basic…

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There is a good reason Rachel Reeves is wary of the dreaded bond market vigilantes. Anyone who inherits a mountain of debt and then finds out that many of the lenders act like sharks is right to be concerned.Most of the participants in financial markets are not actively predatory. They swim in a sea of money with only one rule, to stick together, hoovering up as much profit as they can at the lowest risk.Bond vigilantes, on the other hand, are traders with a remit to pursue juicy prey, even if it means going hungry for a while. They manage…

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April 16, 2026 Federal Reserve Board issues enforcement action with Community Bankshares, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below: Community Bankshares, Inc., LaGrange, Georgia Cease and Desist Order dated April 14, 2026 Additional enforcement actions can be searched for here. For media inquiries, please email [email protected] or call 202-452-2955. Last Update: April 16, 2026

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