Financial corporation – Hledam http://hledam.biz/ Sat, 08 Jan 2022 10:05:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://hledam.biz/wp-content/uploads/2021/06/icon-2021-07-01T003219.761-150x150.png Financial corporation – Hledam http://hledam.biz/ 32 32 Interest rates on operating leases and pensions https://hledam.biz/interest-rates-on-operating-leases-and-pensions/ Sat, 08 Jan 2022 04:23:24 +0000 https://hledam.biz/interest-rates-on-operating-leases-and-pensions/ background picture MARLET OUTLOOK Operating leases – Monthly JANUARY 7, 2022 RESEARCH ON CAPITAL MARKETS Moody’s Analytics markets and distributes all Moody’s Capital Markets Research documents. Moody’s Analytics does not provide investment advisory services or products. Interest rates on operating leases and pensions Interest rates on operating leases and pension plans used in standard adjustments […]]]>

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MARLET

OUTLOOK

Operating leases

– Monthly

JANUARY 7, 2022

RESEARCH ON CAPITAL MARKETS

Moody’s Analytics markets and distributes all Moody’s Capital Markets Research documents. Moody’s Analytics does not provide investment advisory services or products.

Interest rates on operating leases and pensions

Interest rates on operating leases and pension plans used in standard adjustments

– Report date: December 31, 2021

Median yields of regular coupon bonds (no zero coupon or variable rate) rated by Moody’s with maturities

between six and eight years old and outstanding values ​​of over $ 50 million. Each observation is unweighted

in the sample, and returns are calculated for month-end values.

Evaluation

12/31/2021

Aaa

1.81

Aa1

2.17

Aa2

2.06

Aa3

2.02

A1

2.25

A2

2.25

A3

2.26

Baa1

2.32

Baa2

2.47

Baa3

2.76

Ba1

3.51

Ba2

3.83

Ba3

4.97

B1

4.54

B2

4.99

B3

5.50

Caa

6.55

Moody’s

Capital city

Markets

To research

Contact:

help@economy.com

866-275-3266

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RESEARCH ON CAPITAL MARKETS

JANUARY 7, 2022

RESEARCH ON CAPITAL MARKETS / MARKET OUTLOOK / MOODYS.COM

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WSFS Reaches Dispute Resolution, $ 15 Recovery https://hledam.biz/wsfs-reaches-dispute-resolution-15-recovery/ Thu, 06 Jan 2022 21:34:16 +0000 https://hledam.biz/wsfs-reaches-dispute-resolution-15-recovery/ WILMINGTON, Delaware, Jan.6, 2022 (GLOBE NEWSWIRE) – WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced that it has finalized a settlement to resolve the litigation against the counterparty to the purchase of 2010 shares agreement whereby WSFS purchased Christiana Bank & Trust Company (Christiana Trust). WSFS will receive $ 15 […]]]>

WILMINGTON, Delaware, Jan.6, 2022 (GLOBE NEWSWIRE) – WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced that it has finalized a settlement to resolve the litigation against the counterparty to the purchase of 2010 shares agreement whereby WSFS purchased Christiana Bank & Trust Company (Christiana Trust). WSFS will receive $ 15 million as part of the settlement and expects a positive impact on diluted earnings per common share (EPS) of approximately $ 0.23 per share (after tax) during the fourth quarter of 2021.

In the litigation, WSFS sought to enforce compensation arising from the share purchase agreement and to recover any remaining amounts owed to WSFS relating to the arbitration proceeding previously disclosed by Universitas Education, LLC (Universitas). WSFS had entered into a settlement agreement on February 27, 2018 with Universitas to resolve arbitration claims related to services provided by Christiana Trust prior to its acquisition by WSFS in December 2010 by agreeing to pay Universitas $ 12 million to avoid uncertainties of arbitration and put an end to the costs of pending litigation. Subsequently, WSFS sued the insurance companies that provided coverage relating to the Universitas case and reached a settlement to recover approximately $ 8 million during the third quarter of 2018.

This $ 15 million settlement payment to resolve the compensation litigation as well as the approximately $ 8 million in recoveries of past litigation cases (including the insurance company lawsuit) resulted in the recovery. full of the $ 12 million paid to Universitas and all litigation costs incurred by WSFS in the Universitas arbitration and all related proceedings, including the pending litigation, plus an amount attributable to pre-judgment interest.

About WSFS Financial Corporation
WSFS Financial Corporation is a multi-billion dollar financial services company. Its principal subsidiary, WSFS Bank, is the oldest and largest locally-managed bank and trust company, headquartered in Delaware and the greater Philadelphia area. As of September 30, 2021, WSFS Financial Corporation had $ 15.4 billion in assets on its balance sheet and $ 27.6 billion in assets under management and administration. WSFS operates from 112 offices, 89 of which are bank offices, located in Pennsylvania (52), Delaware (42), New Jersey (16), Virginia (1) and Nevada (1) and provides services comprehensive financial services, including commercial banking, retail banking, cash management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Cash Connect®, Cypress Capital Management, LLC, Christiana Trust Company of Delaware®, NewLane Finance®, Powdermill® Financial Solutions, West Capital Management®, WSFS Institutional Services®, WSFS Mortgage® and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States operating permanently under the same name. For more information, please visit www.wsfsbank.com.

Forward-looking statements
This press release contains estimates, predictions, opinions, projections and other “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references predictions or expectations of WSFS business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects and management’s outlook or expectations regarding profits, revenues, expenses, capital levels, liquidity levels, asset quality or other future financial or business performance, strategies or expectations. The words “anticipate”, “will” and similar expressions, among others, generally identify forward-looking statements. These forward-looking statements are based on various assumptions (some of which may be beyond the control of WSFS) and are subject to significant risks and uncertainties (which change over time) and other factors, including the acquisition by WSFS of Bryn Mawr Bank Corporation and the uncertain effects of the COVID-19 pandemic and the actions taken in response to it on WSFS ‘business, results of operations, capital and liquidity, which could result in a material difference between actual results and those currently expected. These risks and uncertainties are discussed in detail in WSFS Form 10-K for the year ended December 31, 2020, Form 10-Q for the quarter ended March 31, 2021, Form 10-Q for the quarter ended March 31, 2021. June 30, 2021, Form 10-Q for the quarter ended September 30, 2021 and other documents filed by WSFS with the Securities and Exchange Commission from time to time.

WSFS cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made, and WSFS disclaims any obligation to revise or update any forward-looking, written or oral, which may be made from time to time by or on behalf of WSFS for any reason, except as specifically required by law. As used in this press release, the term “WSFS” refers to WSFS Financial Corporation and its subsidiaries, on a consolidated basis, unless the context indicates otherwise.

Investor contact: Dominique C. Canuso
302-571-6833
dcanuso@wsfsbank.com

Media contact: Rebecca Acevedo
215-253-5566
racevedo@wsfsbank.com


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Bank of Hawaii Corporation Conference Call to Discuss Fourth Quarter 2021 Financial Results and Board of Directors Declares Quarterly Preferred Stock Dividend https://hledam.biz/bank-of-hawaii-corporation-conference-call-to-discuss-fourth-quarter-2021-financial-results-and-board-of-directors-declares-quarterly-preferred-stock-dividend/ Tue, 04 Jan 2022 22:04:00 +0000 https://hledam.biz/bank-of-hawaii-corporation-conference-call-to-discuss-fourth-quarter-2021-financial-results-and-board-of-directors-declares-quarterly-preferred-stock-dividend/ News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here. HONOLULU – (BUSINESS WIRE) – Bank of Hawaii Corporation (NYSE: BOH) will release fourth quarter 2021 financial results on Monday, January 24, 2022 before market opens and will hold its quarterly conference call […]]]>

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here.


HONOLULU – (BUSINESS WIRE) – Bank of Hawaii Corporation (NYSE: BOH) will release fourth quarter 2021 financial results on Monday, January 24, 2022 before market opens and will hold its quarterly conference call at 1:00 p.m. KST. Eastern (8:00 a.m. Hawaii time) the same day.

The live call, including a slide presentation, will be available on the Investor Relations link of the Bank of Hawaii Corporation’s website, www.boh.com. The webcast link is https://edge.media-server.com/mmc/p/wajqjveu. The toll-free number for the teleconference is 1 (844) 543-5235 in the United States and Canada and 1 (703) 318-2209 for other international callers. Use the “Bank of Hawaii” access code to access the call.

A replay of the conference call will be available for one week beginning at approximately 11:00 a.m. Hawaii time on Monday, January 24, 2022. The replay number is 1 (855) 859-2056 in the US and Canada and 1 (404) 537-3406 from other international locations. Enter conference ID 3179105 when prompted. In addition, the replay will be available on the Company’s website, www.boh.com.

In addition, the Board of Directors declared the payment of a quarterly dividend of its perpetual non-cumulative fixed rate preferred shares, Series A, of $ 10.94 per share, equivalent to $ 0.2735 per custodian share. The Custodian’s shares representing the Series A Preferred Shares trade on the New York Stock Exchange under the symbol “BOH.PRA”. The dividend will be payable on February 1, 2022 to shareholders of record of the preferred shares on January 18, 2022.

Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers, and governments in Hawaii and the Western Pacific. The company’s principal subsidiary, Bank of Hawaii, was founded in 1897. For more information about Bank of Hawaii Corporation, see the company’s website, www.boh.com.

Media inquiries

Melissa Torres-Laing

Email: Melissa.Torres-Laing@boh.com

Telephone: 808-694-8384

Mobile: 808-859-1703

Investor / analyst surveys

Janelle Higa

Email: Janelle.Higa@boh.com

Telephone: 808-694-8007

Source: Bank of Hawaii Corporation


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NLOK (formerly NASDAQ: SYMC) Investor Alert: Kyros Law files legal claims on behalf of Symantec Corporation (NASDAQ: NLOK, formerly NASDAQ: SYMC) Investors https://hledam.biz/nlok-formerly-nasdaq-symc-investor-alert-kyros-law-files-legal-claims-on-behalf-of-symantec-corporation-nasdaq-nlok-formerly-nasdaq-symc-investors/ Sat, 01 Jan 2022 04:20:00 +0000 https://hledam.biz/nlok-formerly-nasdaq-symc-investor-alert-kyros-law-files-legal-claims-on-behalf-of-symantec-corporation-nasdaq-nlok-formerly-nasdaq-symc-investors/ BOSTON, December 31, 2021 / PRNewswire / – Kyros Law Offices is warning investors at Symantec Corporation (NASDAQ: NLOK, formerly NASDAQ: SYMC) that the deadline for filing claims for the settlement of the investor lawsuit against the company is fast approaching. The company has agreed to settle a lawsuit brought against it by investors for […]]]>

BOSTON, December 31, 2021 / PRNewswire / – Kyros Law Offices is warning investors at Symantec Corporation (NASDAQ: NLOK, formerly NASDAQ: SYMC) that the deadline for filing claims for the settlement of the investor lawsuit against the company is fast approaching.

The company has agreed to settle a lawsuit brought against it by investors for more than $ 70 million.

Symantec Corporation (NASDAQ: NLOK, Formerly NASDAQ: SYMC) investors who bought between MAY 11, 2017 and OCTOBER 31, 2018 are urged to immediately contact our law firm to protect their rights. Visit our NASDAQ: NLOK (Formerly NASDAQ: SYMC) Lawsuit Resolution Website or call 1-800-934-2921 to speak to someone about your case. Your legal rights will be affected whether you take action or not. If you do not act, you can permanently waive your right to recover this claim.

According to the lawsuit, throughout the litigation period, the company made false and / or misleading statements and failed to disclose that: could impact executive compensation programs ”would lead to regulatory review from the SEC and, therefore, Symantec’s public statements were materially false and misleading. As such, the rights of investors in the company may have been adversely affected.

Symantec Corporation (NASDAQ: NLOK, Formerly NASDAQ: SYMC) investors who bought between MAY 11, 2017 and OCTOBER 31, 2018 are urged to immediately contact our law firm to protect their rights. Visit our NASDAQ: NLOK (Formerly NASDAQ: SYMC) Lawsuit Resolution Website or call 1-800-934-2921 to speak to someone about your case.

Receive alerts on potential class actions that may affect you by visiting the Class Action Center website.

Kyros’ law specializes in a wide range of complex litigation, mass tort and corporate governance matters, including the representation of whistleblowers, shareholders and consumers in connection with securities fraud, misrepresentation and misrepresentation. class actions. Our lawyers have been tasked with recovering hundreds of millions of dollars for our clients throughout United States, Africa, Asia and Europe. Visit our website to find out more about our firm.

THE SOURCE Kyros’ law


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4 credit card stocks worth buying this holiday season https://hledam.biz/4-credit-card-stocks-worth-buying-this-holiday-season/ Thu, 30 Dec 2021 13:12:00 +0000 https://hledam.biz/4-credit-card-stocks-worth-buying-this-holiday-season/ Amid concerns that the omicron COVID-19 variant was likely to wipe out the economic recovery, the latest data suggests the omicron variant is less severe than previous variants and is less likely to cause hospitalizations. This is good news for the economic recovery. Consumer spending has grown tremendously since pandemic restrictions were relaxed, supported by […]]]>

Amid concerns that the omicron COVID-19 variant was likely to wipe out the economic recovery, the latest data suggests the omicron variant is less severe than previous variants and is less likely to cause hospitalizations. This is good news for the economic recovery. Consumer spending has grown tremendously since pandemic restrictions were relaxed, supported by government stimulus spending, a strong pick-up in job creation, and substantial pent-up demand created by the pandemic restrictions.

According to a Commerce Department report, consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.6% in November after a slight increase of 1.4% in October. The unemployment rate in the United States was at its lowest level in 21 months, at 4.2%.

In addition, consumer spending is expected to accelerate due to the increase in digital payments, accessible consumer credit facilities and the widespread use of prepaid card services. These factors are expected to drive the growth of the credit card industry, especially during the holiday season. According to a Research and Markets report, the global credit card market is expected to grow at a CAGR of 1.1% to reach 107.69 billion dollars in 2025. Against this backdrop, we think it might make sense to bet on fundamentally sound credit card stocks like Visa Inc. (V), American Express Company (AXP), Capital One Financial Corporation (COF) and Discover financial services (DFS).

Visa Inc. (V)

V is a global payments technology company that enables digital payments between customers, merchants, financial institutions, enterprises, strategic partners and government agencies. It also operates VisaNet, a transaction processing network that enables authorization, clearing and settlement of payment transactions.

On December 20, 2021, V announced that it had acquired Currencycloud, a global platform that enables banks and fintech companies to deliver innovative currency solutions for cross-border payments. In its fiscal fourth quarter, ended September 30, 2021, V’s net sales increased 29% year-on-year to $ 6.60 billion. The company’s non-GAAP net revenue reached $ 3.52 billion, up 42% year-on-year. And its non-GAAP EPS increased 44% year-on-year to $ 1.62.

Analysts expect V’s EPS for the quarter ending March 31, 2022 to rise 20.3% year-on-year to $ 1.66. Its revenue for fiscal 2022 is expected to grow 17.2 percent year-on-year to $ 28.25 billion. It has beaten Street’s EPS estimates in each of the past four quarters. And over the past month, the stock has gained 11.1% going to close yesterday’s trading session at $ 218.17.

V’s strong fundamentals are reflected in its POWR odds. It has an overall rating of B, which is equivalent to a purchase in our proprietary rating system. POWR scores are calculated by considering 118 separate factors, each factor being weighted to an optimal degree.

V has a B rating for feeling and quality. It is ranked n ° 12 out of 54 stocks in the Consumer financial services industry. Click here to see the additional notes of V (Growth, Value, Momentum and Stability).

American Express Company (AXP)

AXP is an integrated payments company providing credit and charge cards to consumers, small businesses, midsize businesses, and corporations around the world. The Company’s products and services are sold to various customer groups through a variety of channels, including mobile apps, affiliate marketing, and third-party vendors.

On December 8, 2021, AXP’s Kabbage launched Kabbage Funding, which offers small businesses flexible lines of credit between $ 1,000 and $ 150,000. AXP’s initiative should ensure that small businesses have access to working capital within minutes of applying without any problems. Thus, the company could see an increase in demand for its solution as companies expand their reach.

AXP’s net income for the fiscal third quarter, ended September 30, 2021, increased 70% year-over-year to $ 1.82 billion. The company’s total revenue, net of interest expense, increased 25% year-over-year to $ 10.92 billion. In addition, its EPS stood at $ 2.27, up 74.6% year-on-year.

For its 2021 fiscal year, AXP’s EPS is expected to increase 155.2% year-on-year to $ 9.62. Additionally, it has beaten consensus EPS estimates in each of the past four quarters. Its revenue for the quarter ending Dec.31, 2021 is expected to increase 22% year-over-year to $ 11.41 billion. The stock has gained 38.6% over the past year to close yesterday’s trading session at $ 163.83.

AXP’s POWR ratings reflect this promising outlook. The stock has an overall rating of B, which is equivalent to Buy in our proprietary rating system. AXP also has a B rating for sentiment. It is ranked # 13 in the Consumer financial services industry. To view AXP’s other ratings for Growth, Value, Dynamics, Stability and Quality, Click here.

Capital One Financial Corporation (COF)

COF is a diversified financial services holding company that provides a range of financial products and services to consumers, small businesses and commercial customers through digital channels, branches, cafes and other distribution channels. It operates in the credit cards, personal banking and commercial banking segments.

On November 9, 2021, COF announced the launch of its new travel card named Venture X. It allows customers to earn anywhere, with 2x miles on every purchase, enhanced earnings on travel, including 10x on hotels and resorts. rental cars, and 5x on flights booked through Capital One Travel. The best benefits should allow COF to capitalize on pent-up travel demand.

COF’s net revenue for its fiscal third quarter, ended September 30, 2021, increased 6% year-on-year to $ 7.83 billion. The company’s net profit was $ 3.10 billion, up 29% year-on-year. Its EPS increased 34% year-on-year to $ 6.78.

Analysts expect COF’s 2021 fiscal year EPS to rise 416.2% year-on-year to $ 26.74. Its revenue for the quarter ending March 31, 2022 is expected to increase 10.9% year-over-year to $ 7.74 billion. It has beaten Street’s EPS estimates in each of the past four quarters. Over the past year, the stock has gained 51.3% going to close yesterday’s trading session at $ 145.59.

COF’s strong fundamentals are reflected in its POWR ratings. It has an overall rating of B, which is equivalent to a purchase in our proprietary rating system. The stock also has a B rating for value and sentiment. COF is ranked 9th in the Consumer financial services industry. Click here to see the additional COF ratings for Growth, Dynamics, Stability, and Quality.

Discover financial services (DFS)

DFS is a financial services company that provides credit card and electronic payment services, as well as checking and savings accounts. It operates in the digital banking and payment services segments. The company has a strategic network agreement with Arab Financial Services.

On July 13, 2021, DFS and SIBS MB signed a strategic agreement to increase the global acceptance footprint of the two organizations. The deal will likely allow Discover, Diners Club International and network alliance cardholders to use their cards on the SIBS MB network at merchants and ATMs across Portugal.

For its fiscal third quarter, ended September 30, 2021, total DFS revenue, net of interest expense, increased 2% year-on-year to $ 2.77 billion. The company’s net profit was $ 1.09 billion, an increase of 42% year-on-year. Its EPS increased 44% year-on-year to $ 3.54.

For its 2021 fiscal year, DFS’s EPS and revenue is expected to grow 388.6% and 8.9%, respectively, year-on-year to $ 17.59 and $ 12.07 billion. It has exceeded consensus EPS estimates in each of the past four quarters. The stock has gained 31.5% over the past year to close yesterday’s trading session at $ 115.77.

DFS ‘POWR ratings reflect this promising outlook. The stock has an overall rating of B, which is equivalent to Buy in our proprietary rating system. DFS also has a B rating for sentiment. Within the Consumer financial services industry, it is ranked # 5. To view DFS ‘other ratings for Growth, Value, Dynamics, Stability, and Quality, Click here.


V shares fell $ 0.38 (-0.17%) in pre-market trading on Thursday. Year-to-date, V has gained 0.36%, compared to a 29.41% increase in the benchmark S&P 500 over the same period.

About the Author: Dipanjan Banchur

Since he was in elementary school, Dipanjan had been interested in the scholarship. This led him to obtain a master’s degree in finance and accounting. Currently, as an investment analyst and financial journalist, Dipanjan has a keen interest in reading and analyzing emerging trends in financial markets. Following…

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Forbes names Hormel Foods one of the world’s top women-friendly companies https://hledam.biz/forbes-names-hormel-foods-one-of-the-worlds-top-women-friendly-companies/ Tue, 28 Dec 2021 17:00:00 +0000 https://hledam.biz/forbes-names-hormel-foods-one-of-the-worlds-top-women-friendly-companies/ AUSTIN, Minnesota., December 28, 2021 / PRNewswire / – Throughout 2021, Hormel Foods Corporation (NYSE: HRL), a global branded food company, received numerous publishing awards including Newsweek magazine (America’s Most Responsible Companies), Selling Power (50 Best Companies to Sell To) and Military Times (Best for Vets). Forbes can now be added to this list because […]]]>

AUSTIN, Minnesota., December 28, 2021 / PRNewswire / – Throughout 2021, Hormel Foods Corporation (NYSE: HRL), a global branded food company, received numerous publishing awards including Newsweek magazine (America’s Most Responsible Companies), Selling Power (50 Best Companies to Sell To) and Military Times (Best for Vets). Forbes can now be added to this list because the magazine recently announced that the company is among the world’s top women-friendly companies.

Hormel Foods has long promoted and supported a women-friendly culture, including employee resource groups such as Hormel Foods Women in Leadership and the Women’s Insight Network. These groups focus on continuing the company’s work to advance opportunities and programs for women. Additionally, the company recently announced two new female executive appointments, including Jacinth Smiley, who was recently appointed Executive Vice President and Chief Financial Officer and Wendy watkins, appointed Executive Vice-President and Director of Communications. The management and management group of the company comprises 11 women; five at the senior management level, including Deanna brady, who leads the company’s largest business segment as executive vice president and vice president of the chilled food group.

“Hormel Foods’ reputation as one of the best employers in the world is based on the belief that our differences really make us stronger,” said Brady. “Our culture supports inclusion and diversity across all of our global operations, with women-focused opportunities, programs and policies. We have a board of directors with great women leaders who serve as mentors and advisers. Additionally, we have a leadership team that includes some of the brightest and most talented Fortune 500 women leaders at the helm of key business and functional areas, and a pool of emerging women leaders ready to continue the trajectory in the world. future. We are proud to be recognized for our work and are determined to do even more. “

Forbes has partnered with market research firm Statista to identify companies that are pioneering in supporting women inside and outside their workforce.

To compile the inaugural list, Statista interviewed 85,000 women in 40 countries. Respondents were asked to rate their employer’s performance on gender-related criteria and their willingness to recommend their employer to others. They were also asked to rate other employers in their respective industries. Respondents rated companies on their corporate responsibility, marketing campaigns, and public perception of gender equality. The final list ranks the 300 companies that received the most recommendations and have the most gender-diverse boards and management ranks.

To view the full list of the world’s top women-friendly companies, visit https://www.forbes.com/female-friendly-companies/#17477e4c64ac.

ABOUT HORMEL FOODS – Inspired people. Inspirational food. ™
Hormel Foods Corporation, based in Austin, Minnesota., is a global brand food company with more than $ 11 billion annual turnover in more than 80 countries around the world. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Entirely®, Hormel® Black label®, Columbus® and over 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named to the “Global 2000 World’s Best Employers” list by Forbes magazine for three years, is one of Fortune magazine’s most admired companies, has been on Corporate Responsibility magazine’s “100 Best Corporate Citizens” list for 12 years, and has received numerous other awards and accolades for its corporate responsibility. business and community service efforts. The company lives according to its goal statement – Inspired people. Inspirational food. ™ – to bring some of the world’s most trusted and iconic brands to tables around the world. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

Contact:
Dean Peters
Hormel Foods
507-434-6352
[email protected]

SOURCE Hormel Foods Corporation


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Ventyx Biosciences Inc shares end the day 13.2% higher – Daily Wrap https://hledam.biz/ventyx-biosciences-inc-shares-end-the-day-13-2-higher-daily-wrap/ Mon, 27 Dec 2021 00:42:21 +0000 https://hledam.biz/ventyx-biosciences-inc-shares-end-the-day-13-2-higher-daily-wrap/ Shares of Ventyx Biosciences Inc (VTYX) closed today 13.2% higher from yesterday. The stock is currently down 19.0% year-to-date, 19.0% in the past 12 months and 19.0% in the past five years. Today, the Dow Jones Industrial Average was up 0.6% and the S&P 500 was up 0.6%. Commercial activity The shares traded as high […]]]>

Shares of Ventyx Biosciences Inc (VTYX) closed today 13.2% higher from yesterday. The stock is currently down 19.0% year-to-date, 19.0% in the past 12 months and 19.0% in the past five years. Today, the Dow Jones Industrial Average was up 0.6% and the S&P 500 was up 0.6%.

Commercial activity

  • The shares traded as high as $ 17.10 and up to $ 13.95 this week.
  • Shares closed 34.5% below its 52 week high and 22.0% above its 52 week low.
  • Trading volume this week was 42.8% below the 10-day average and 3.6% above the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market, is 0.0.

Technical indicators

  • The relative strength index (RSI) of the stock was between 30 and 70.
  • MACD, a trend following momentum indicator, indicates an uptrend.
  • The stock closed below its Bollinger Band, indicating that it may be oversold.

Comparative market performance

  • The company’s stock price today beats the S&P 500 index, lags it on a one-year basis and on a five-year basis.
  • The company’s stock price beats the Dow Jones Industrial Average today, lags it on a one-year basis and on a 5-year basis.

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Most actively traded companies on the Toronto Stock Exchange https://hledam.biz/most-actively-traded-companies-on-the-toronto-stock-exchange/ Sat, 25 Dec 2021 00:07:12 +0000 https://hledam.biz/most-actively-traded-companies-on-the-toronto-stock-exchange/ TORONTO – Some of the most active companies traded on the Toronto Stock Exchange on Monday: Toronto Stock Exchange (21,229.68, up 10.75 points.) ECN Capital Corp. (TSX: ENC). Financial services. Down three cents, or 0.56 percent, to $ 5.31 on 3. TORONTO – Some of the most active companies listed on the Toronto Stock Exchange […]]]>

TORONTO – Some of the most active companies traded on the Toronto Stock Exchange on Monday: Toronto Stock Exchange (21,229.68, up 10.75 points.) ECN Capital Corp. (TSX: ENC). Financial services. Down three cents, or 0.56 percent, to $ 5.31 on 3.

TORONTO – Some of the most active companies listed on the Toronto Stock Exchange on Monday:

Toronto Stock Exchange (21,229.68, up 10.75 points.)

ECN Capital Corp. (TSX: ENC). Financial services. Down three cents, or 0.56 percent, to $ 5.31 on 3.0 million shares.

TC Energy Corporation (TSX: TRP). Energy. Up 16 cents, or 0.27 percent, to $ 60.45 on 1.9 million shares.

Canadian Imperial Bank of Commerce (TSX: CM). Financial services. Down $ 1.52, or 1.02%, to $ 146.89 on 1.8 million shares.

Enbridge Inc. (TSX: ENB). Energy. Up nine cents, or 0.18%, to $ 48.75 on 1.6 million shares.

Bombardier Inc. (TSX: BBD.B). Industrialists. Up one cent, or 0.58 percent, to $ 1.74 on 1.5 million shares.

Hexo Corp. (TSX: HEXO). Health care. Up three cents, or 2.91 percent, to $ 1.06 on 1.3 million shares.

Companies in the news:

Billionaire Weston family is selling its luxury British department store chain Selfridges to Thai group Central and Austrian real estate group Signa. The deal, confirmed by Central Group on Friday, is said to be worth four billion pounds, or about 6.87 billion Canadian dollars. Central already has high-end retailers, including Rinascente in Italy, Illum in Denmark, Globus in Switzerland and The KaDeWe Group in Germany. W. Galen Weston acquired Selfridges in 2003 and combined it with other luxury retailers in the Selfridges group in 2010. The company, which now owns 18 department stores, was put up for sale following Weston’s death in April. . His daughter, Alannah Weston, who is president of Selfridges Group, said in a statement that the sale was “the successful fulfillment of my father’s vision for an iconic group of beautiful, truly experiential department stores.”

This report by The Canadian Press was first published on December 24, 2021.

The Canadian Press


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Kerala Financial Corp aims to double the size of its loan portfolio to 10,000 crore https://hledam.biz/kerala-financial-corp-aims-to-double-the-size-of-its-loan-portfolio-to-10000-crore/ Thu, 23 Dec 2021 07:07:14 +0000 https://hledam.biz/kerala-financial-corp-aims-to-double-the-size-of-its-loan-portfolio-to-10000-crore/ State-owned Kerala Financial Corporation aims to double the size of its loan portfolio to 10,000 crore, according to state finance minister KN Balagopal, under whose jurisdiction the company falls. Earlier this year, the Company set a target of 5,000 crore in the loan portfolio compared to ₹ 4,621.13 crore of the previous year (2020-2021). The […]]]>

State-owned Kerala Financial Corporation aims to double the size of its loan portfolio to 10,000 crore, according to state finance minister KN Balagopal, under whose jurisdiction the company falls.

Earlier this year, the Company set a target of 5,000 crore in the loan portfolio compared to ₹ 4,621.13 crore of the previous year (2020-2021). The proposed doubling is despite the negative feelings about businesses aroused by the Covid-19 pandemic.

Defy Covid-19 Concerns

Indeed, the Company was able to position itself well and was able to improve its performance in terms of record growth of the loan portfolio, higher penalties, disbursements and collections during the year. He also succeeded in drastically reducing NPAs, an official spokesperson said.

The Minister of Finance announced the increase in the target of the loan portfolio while speaking to entrepreneurs during the inaugural function of the second phase of the Chief Minister’s Entrepreneurship Development Program (CMEDP 2.0) set implemented by the Company.

Financial supermarket

“The state hopes to see Kerala Financial Corporation become a financial supermarket helping entrepreneurs with low interest rates and easy terms. To facilitate this, the state government will introduce new programs and broaden the horizons of its activities, ”said the Minister of Finance.

Read also: Kerala Financial Corporation will lend up to 1 cr to SMEs at 5% rate

Sanjay Kaul, chairman and chief executive, said digital lending and technology upgrading will be the central themes of the company in the years to come. The state government and the entrepreneurial community have always supported the Company in its efforts, he added.

Flock of applications

The state government announced CMEDP 2.0 on November 5 of this year, and the program has since seen an increase in requests. To date, more than 130 loans have been sanctioned. The Minister issued loan sanction letters to entrepreneurs under the CMEDP and Startup Kerala programs.

The first phase of the CMEDP system, which was deployed in July 2020, saw more than 1,700 loans sanctioned. In the second phase, the loan limit was increased to 1 crore from ₹ 50 lakh while the interest rate was reduced from seven percent to five percent.

Increased credit limit, reduced rates

The program funds up to 90 percent of the cost of the project, also in layman’s terms. The state government is proposing to help 2,500 businesses under this scheme. Meanwhile, Kerala Financial Corporation is also providing training and coaching for frontline entrepreneurs, the spokesperson said.

Also Read: Kerala Financial Corporation Announces Special Loans For MSMEs

The Company has a 68-year track record in the lending industry and has managed various government-sponsored programs over the years in addition to project finance, he added.


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IoT Security Market Outlook 2019 – Explains the Impact of COVID-19, https://hledam.biz/iot-security-market-outlook-2019-explains-the-impact-of-covid-19/ Tue, 21 Dec 2021 11:28:12 +0000 https://hledam.biz/iot-security-market-outlook-2019-explains-the-impact-of-covid-19/ Pune, India, December 21, 2021 (GLOBE NEWSWIRE) – The world IoT Security Market The size is expected to reach USD 20,776.1 million by 2027, showing an excellent CAGR of 32.3% during the forecast period. The growing implementation of blockchain technology for enhanced security will have a massive effect on market growth, says Fortune Business Insights, […]]]>

Pune, India, December 21, 2021 (GLOBE NEWSWIRE) – The world IoT Security Market The size is expected to reach USD 20,776.1 million by 2027, showing an excellent CAGR of 32.3% during the forecast period. The growing implementation of blockchain technology for enhanced security will have a massive effect on market growth, says Fortune Business Insights, in a report titled “IoT Security Market Size, Share & COVID-19 Impact Analysis, By Component (Software & Services), By Company Size (SMB & Large Enterprises), By Deployment (Cloud & On-Premises), By Type Of product (network security, endpoint security, application security, cloud security and others), by application (smart home, smart manufacturing, connected logistics, connected healthcare, smart retail and others), by industry of use final (Consumer IoT, Manufacturing, Retail, IT & Telecommunications, BFSI, Government, Transportation & Automotive, Energy & Utilities, Healthcare & Others) and Regional Forecast, 2020-2027. The market size was USD 2,221.0 million in 2019.

The coronavirus crisis has disrupted the supply chain of all industries around the world. We understand that this health emergency has had a negative impact on various sectors around the world. Growing support from governments and several companies can help fight this highly infectious virus. Some industries are struggling and others are thriving. It is estimated that almost all sectors are affected by this pandemic.

We are working endlessly to elevate businesses in this critical need of the hour. Our expertise and experience can offer huge benefits in helping to recover during this global pandemic.

Request a sample copy of the report: https://www.fortunebusinessinsights.com/enquiry/sample/iot-internet-of-things-security-market-103852

The IoT Security Market Report encompasses:

  • Comprehensive analysis of dominant regions
  • Key factors and constraints
  • Latest trends
  • Key information about leading players
  • Aerial view of the COVID-19 situation

Key development:

January 2020: Mocana Corporation announced its collaboration with Automotive Grade Linux (AGL), an open source project of the Linux Foundation to strengthen the security of connected and autonomous vehicles.

Lists of Key IoT Security Market Companies:

  • Cisco Systems Inc. (California, United States)
  • IBM Corporation (New York, United States)
  • Intel Corporation (California, United States)
  • Thales Group (Gemalto) (La Défense, France)
  • Forgerock (California, United States)
  • Infineon Technologies AG (Neubiberg, Germany)
  • Mocana Corporation (California, United States)
  • NortonLifeLock Inc. (Arizona, United States)
  • Allot Ltd. (Hod Hasharon, Israel)
  • Fortinet, Inc. (California, United States)
  • New Sky Internet Limited (Hong Kong)

Scope and segmentation of the report

Cover of the report Details
Forecast period 2020 to 2027
Forecast period 2020 to 2027 CAGR 32.3%
2027 value projection $ 20,776.1 million
Year of reference 2019
Market size in 2019 $ 2,221.0 million
Historical data for 2016 to 2018
Number of pages 160
Covered segments Component, Deployment, Company Size, Product Type, End User Industry, Application, Geography

Growth drivers Increased security concerns associated with malware attacks to increase growth
Switch to smart connected devices to uplift the market amid coronavirus
Government initiatives on the rise to propel the market in Europe

Market engine:

Increased security concerns associated with malware attacks to increase growth

Growing malware attacks on IoT devices are expected to fuel demand for IoT security in the years to come. For example, Telnet, Mirai, and Denial of Service (DDoS) attacks have become common. Mirai malware can penetrate and attack corporate IoT devices such as digital display televisions (TVs) or wireless presentation systems. The growing need for security to prevent DDoS attacks by hackers will allow the market to expand rapidly. In addition, the escalation of malware attacks will lead to IoT network security solutions among organizations.

Switch to smart connected devices to uplift the market amid coronavirus

The inclination towards machine learning, artificial intelligence, will influence the healthy growth of the market during the coronavirus. Improvements in vehicles and controlled devices will simultaneously encourage the development of the market. Additionally, the growing demand for wireless connected devices in the healthcare industry may have a huge impact on the market amid COVID-19. In addition, AI can help obtain accurate data on symptoms of COVID-19 in individuals, thus promoting the reach of the market.

Regional analysis:

Government initiatives on the rise to propel the market in Europe

The IoT security market in Europe is expected to show a rapid CAGR in the coming years. The growth in the region is attributed to growing government support for robust security built into wireless products. For example, in October 2018, the government released the Consumer IoT Security Code of Practice. In addition, the government’s announcement of regulatory proposals will further promote healthy market growth. For example, in May 2019, the UK government launched a consultation on regulatory proposals for consumer connected device security.

Market research report on the rapid purchase of intelligent elevators: https://www.fortunebusinessinsights.com/checkout-page/103852

Detailed table of contents:

  • introduction
    • Definition, by segment
    • Research methodology / approach
    • Information source
  • Key points to remember
  • Market dynamics
    • Macro and micro economic indicators
    • Drivers, constraints, opportunities and trends
    • Impact of COVID-19
      • Short term impact
      • Long term impact
  • Competition landscape
    • Business strategies adopted by key players
    • Consolidated SWOT analysis of the main players
    • PESTLE analysis
    • Porter’s Five Forces Analysis
    • Ecosystem analysis
    • Global Market Share Analysis and Matrix, 2019
  • Key market insights and strategic recommendations
  • Profiles of key players (Provided for key 10 players only)
    • Overview
      • Key management
      • Headquarters, etc.
    • Offers / business segments
    • Key details (Key details are subject to data availability in the public domain and / or on chargeable databases)
      • Employee size
      • Key financial data
        • Past and current income
        • Gross margin
        • Geographic share
        • Share of business segment
    • Recent developments
  • Answers to the main interview
  • Annex / Appendix

COT continues … !!!

Talk to our analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/iot-internet-of-things-security-market-103852

Take a look at the related research analyzes:

Access control market COVID-19 Size, Sharing & Impact Analysis, By Component (Hardware, Software & Services), By Type (DAC, MAC, RBAC), By Application (Homeland Security, Commercial, Residential & Industrial) and Regional Forecast, 2020 – 2027

Wireless Sensor Networks Market Industry Size, Share & Analysis, By Component (Hardware, Software & Services), By Sensor Type (MEMS Sensors, CMOS Sensors, LED Sensors, Motion & Position Sensor), By Application (Home Automation & Home Automation, Automation Industrial, Military Surveillance, Intelligent Transportation), by End User (Automotive & Transportation, Aerospace & Defense, Oil & Gas, Healthcare) and Regional Forecast, 2019-2026

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