Robinhood’s revenue more than doubled even as it lost money last quarter.

Robinhood’s revenue more than doubled even as it lost money last quarter.

Daily Business Briefing Aug. 18, 2021Updated  Aug. 18, 2021, 7:12 p.m. ET Aug. 18, 2021, 7:12 p.m. ET Vlad Tenev, right, and Baiju Bhatt, Robinhood’s founders, in New York last month.Credit…Sasha Maslov for The New York Times SAN FRANCISCO — Robinhood, the stock trading app, on Wednesday reported surging quarterly revenue as pandemic trading became

PEOPLES FINANCIAL SERVICES : Reports Second Quarter 2021 Earnings

PEOPLES FINANCIAL SERVICES : Reports Second Quarter 2021 Earnings

SCRANTON, Pa., July 21, 2021 /PRNewswire/ — Peoples Financial Services Corp. (“Peoples”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three months and six months ended June 30, 2021.  Peoples reported net income

PennyMac Mortgage Investment Trust Reports First Quarter 2021 Results

PennyMac Mortgage Investment Trust Reports First Quarter 2021 Results

WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $65.4 million, or $0.67 per common share on a diluted basis for the first quarter of 2021, on net investment income of $201.4 million. PMT previously announced a cash dividend for the first quarter of 2021 of

AG Mortgage Investment Trust, Inc. Reports First Quarter 2021 Results

AG Mortgage Investment Trust, Inc. Reports First Quarter 2021 Results

NEW YORK–(BUSINESS WIRE)–AG Mortgage Investment Trust, Inc. (“MITT,” “we,” the “Company” or “our”) (NYSE: MITT) today reported financial results for the quarter ended March 31, 2021. Q1 2021 PERFORMANCE AND HIGHLIGHTS Financial Performance $4.92 Book Value per share and $4.76 Adjusted Book Value per share as of March 31, 2021, as compared to $4.13 and

China’s GDP growth misses expectations in the second quarter

China’s GDP growth misses expectations in the second quarter

While China’s exports surged by more than expected in June, imports climbed far less than anticipated. Workers pictured here disinfect a container ship terminal in Qingdao on July 13, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China eked out GDP growth of 0.4% in the second quarter from a year ago,

China’s economy didn’t bounce back in the second quarter, survey finds

China’s economy didn’t bounce back in the second quarter, survey finds

China’s exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for export. Si Wei | Visual China Group | Getty Images BEIJING — Chinese businesses ranging from services to manufacturing reported a slowdown