Amid

April 23, 2024

Earnings call: Cathay General Bancorp reports Q1 income dip amid loan challenges

Cathay General Bancorp (NASDAQ:CATY) experienced a 13.4% decrease in net income during the first quarter of 2024, reporting $71.4 million, as revealed in their recent earnings call. The decline was attributed to a mark-to-market loss from equity securities and an increased FDIC special assessment. Despite a decrease in total gross loans, the bank saw a significant increase in total deposits.

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April 19, 2024

Nestle India's Stock Faces Overvaluation Risks Amid Baby Food Controversy

The share price of Nestle (NS:NEST) India has recently remained in the limelight for the wrong reason. As per reports by the International Baby Food Action Network (IBFAN), Nestle India’s baby food products contain high levels of added sugar, especially in India when the same products in other developed nations such as the United Kingdom, Germany, etc. are sold without any added sugar.

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