As of January 2025, Descartes has $236 million in cash and equivalents and no debt. The company has added to its cash balance with free cash flow margins of 33%-38% in each of the last several years.

Manawa sells most of its power to Mercury NZ under a long-term contract with consumer price-index-linked prices. With elevated CPI inflation, revenue has a solid tailwind. Contracted sales reduce ...

An official who manages the Federal Reseve’s monetary-policy implementation said tweaks to the composition of the central bank’s balance sheet could mean the Fed would eventually own relatively more ...

Regardless of how small your small business is or how it is structured, you should consider opening a business bank account.

Ally Financial said on Tuesday it had sold $2.8 billion of low-yielding investment securities as part of a repositioning the ...