Author: Jordan

South Shields FC has secured a new majority owner (Image credit: South Shields FC) FRP Corporate Finance has revealed its role on the majority sale of South Shields FC to an international investor consortium.  The deal sees an investor group backed by ORY Investment Holdings acquire a majority shareholding in the club.  Geoff Thompson, who has led the club since 2015 and overseen three promotions, remains in place as chairman and a significant shareholder. Founded in 1888, South Shields FC competes in the National League North and plays its home matches at Mariners Park.  FRP Corporate Finance’s Newcastle team was…

There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So should Rua Gold (TSE:RUA) shareholders be worried about its cash burn? In this report, we will consider the company’s annual negative free cash flow, henceforth referring to it as the ‘cash burn’. The first step is to compare its cash burn with…

Gold loans may remain in focus amid strong momentum in retail credit growth: Report   Gold loans may continue to remain in focus for lenders in the near term, backed by strong momentum already visible in sourcing volumes and rising ticket sizes, as secured lending gains prominence in India’s retail credit market, according to a report by Experian. The report showed that gold loan sourcing value more than doubled year-on-year to Rs 7.6 lakh crore in the fourth quarter of FY26, registering a 115 per cent rise, while assets under management (AUM) grew 47 per cent to Rs 11.9 lakh crore…

Crypto exchanges are no longer just competing with each other—they are increasingly positioning themselves to compete with traditional stock markets themselves. A new Binance Research report, From Tokens to Tickers: The Equity Layer, suggests the industry is entering a structural transition where tokenized equities and blockchain-based financial instruments could form an “equity layer” that brings global capital markets on-chain. Sponsored Crypto Prediction Markets 18+ · Gambling involves risk. Play responsibly. Rather than operating as separate systems, traditional finance and crypto markets are gradually converging, with crypto platforms evolving beyond digital asset trading into gateways for tokenized versions of traditional financial…

Some fear the next move higher for oil prices would pose a risk to economic growth, bond yields and the bull market for stocks Reuters 06 June, 2026, 12:35 pm Last modified: 06 June, 2026, 12:37 pm Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS”> Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli…

Expert says Illinois has only a ‘sliver of a chance’ for Bears stadium FOX 32 Chicago Source link

Professional property investors are continuing to back the private rental sector despite mounting regulation and economic uncertainty, according to Handelsbanken’s latest Property Investor Report. The bank’s fifth annual survey, based on responses from 200 UK real estate investors, landlords and property management professionals, suggests predictions of a large-scale landlord exodus have yet to materialise among more established investors. Almost all respondents, 93%, expect their portfolio values to increase over the next 12 months, while 84% said they intend to expand their holdings. That compares with 54% who planned portfolio growth in Handelsbanken’s 2025 survey. Just 1% of respondents said they…

High-Net-Worth Women Are Bullish on Alternative Investments connectmoney.com Source link

According to rates from the Zillow lender marketplace, fixed mortgage rates are on the rise compared to yesterday. The current 30-year fixed rate rose by 5 basis points to 6.38%, the 20-year fixed rate increased by 13 basis points to 6.39%, and the 15-year fixed rate inched up by 2 basis points to 5.74%. READ MORE: Weekly survey of mortgage lenders with the best rates: Leaders price in the low 6% range Today’s mortgage rates Here are the current mortgage rates today, Saturday, June 6, 2026, according to the latest Zillow data: 30-year fixed: 6.38% 20-year fixed: 6.39% 15-year fixed:…

Looking back on personal loan stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Atlanticus Holdings (NASDAQ:ATLC) and its peers. Personal loan providers offer unsecured credit for various consumer needs. The sector benefits from digital application processes, increasing consumer comfort with online financial services, and opportunities in underserved credit segments. Headwinds include credit risk management in unsecured lending, regulatory oversight of lending practices, and intense competition affecting margins from both traditional and fintech lenders. The 9 personal loan stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 7% while next…