#financial-reporting

#financial-reporting

The accounting watchdog said that, although there had been no new financial issues, it "disclaimed" the college's latest 2024-25 accounts because of the continuing "fallout" from financial reporting problems that resulted from a problematic IT project. "We were not able to provide a complete opinion on the opening position or in-year transactions for 2024-25, both of which are heavily derived from the closing position of the prior year," it added.

Recent high-profile sales of Nvidia stock by Peter Thiel's hedge fund and by Softbank raised concern among investors about the GPU maker and the health of the AI boom. The company reported revenue of $57 billion, an increase of 22 percent from the previous quarter and an astonishing 62 percent from the year-ago quarter. It maintained this growth with a GAAP gross margin of 73.4 percent.

In its latest move centered on recapture, private investment firm Rice Capital announced Friday that it's buying retail and consumer-direct lender Rosegate to make its products available to mortgage servicing rights (MSRs) that lack embedded recapture agreements. The deal adds to several recent transactions including Rocket Companies' acquisition of Mr. Cooper Group and Bayview Asset Management's deal for Guild Holding Co. in which firms have looked to expand their servicing portfolios and lower customer acquisition costs.

The AI-powered cloud ERP platform is helping the company increase efficiency, automate key processes, and build a strong foundation for global growth. Founded in 2024 by actor Tom Holland and beverage industry veteran John Herman, BERO has rapidly expanded across the US and UK, selling four unique beers both direct-to-consumer online and through major retailers including Target, Amazon, Sprouts, and Total Wine.

Tribeca Global Natural Resources Ltd. has released its estimated net tangible assets (NTA) backing per share as of August 8, 2025, with pre-tax and post-tax values of $2.12 and $2.17 respectively, indicating potential for investment.

Consumers seem 'basically fine,' with strong spending habits continuing amid economic pressures such as inflation and higher borrowing costs. Investment banking activity has also rebounded.