Cash: 10.8% increase in revenue collected in February before the impending slowdown in growth (TENTON) – The Treasury Department said revenue collected in February for major taxes was $3.038 billion, up $294.9 million, or 10.8% from last February. Year-to-date, total recoveries of $25.850 billion were up $4.357 billion, or 20.3%Read More →

Australia Post today announced first-half revenue of $4.80 billion, up 10.4% year-on-year, driven by the highest parcel volumes in Australia Post’s history. The improvement in the Group’s pre-tax profit of $199.8 million was underlined by asset sales and revaluations, as well as favorable movements in bond yields. Letter revenue ofRead More →

Vintage Wine Estates Inc. (Nasdaq: VWE), one of the largest wine companies in the United States, announced on Monday that fiscal second-quarter profits fell 7.8% from a year ago, but that adjusted earnings jumped 137% during that period. Quarterly net sales for the group of Santa Rosa-headquartered California and PacificRead More →

Cannabis Company Organigram Holdings Inc. OGI OGI announced his results for the first quarter ended November 30, 2021. “Our rrecord results in the first quarter of fiscal 2022 demonstrate the success of our strategy to create innovative, high-quality products that align with the evolving preferences of different cannabis consumer segments,”Read More →

By Maria Armental Discover Financial Services posted higher profits and revenue for the December quarter, but the results missed Wall Street projections, sending shares down about 4% in after-hours trading. PROFIT: Fourth-quarter profit rose to $1.07 billion from $799 million a year earlier. On a per share basis, earnings wereRead More →

Next year’s proposed general fund budget for the city of Little Rock would keep spending essentially flat, with revenues and expenses balanced at about $222 million, Little Rock board members said during a meeting. of a budget presentation on Tuesday. Compared to the original 2021 general fund budget of $210Read More →