Bitcoin Suisse announced plans to reduce up to 60 of its 120 positions in Switzerland and close its Copenhagen IT development site as part of a shift toward an international financial services model. The company will consolidate software development and back-office functions in hubs outside Switzerland, including Bratislava and a new hub in Vietnam, while keeping wealth management centered in Zug. A staff consultation will run until September 20 to finalize cuts. This move aims to access more talent and focus investment on future products amid growing competition in regulated crypto services.
Randstad reported revenue and earnings that exceeded expectations, driven by improving business trends and key labor markets. This positive performance signals momentum in the employment services sector. RBC Capital maintained a 'Sector Perform' rati...
MSC Industrial Supply reported strong Q4 results with revenue rising 10.3% year-over-year to about $1.08 billion, surpassing estimates. Adjusted earnings per share increased to $1.45 from $1.09, also beating expectations. Full-year sales grew 6.4% to...
ARMOUR Residential REIT reported a $327 million net loss for Q3 2026, driven by higher interest rates that reduced its book value by 17% to $14.55 per share. Despite the loss, the company earned $83.7 million in net interest income and $102.3 million...
Southern Company, an electric and gas utility, clarified it has no connection to a Mexican silver mining project, dispelling recent rumors. HSBC initiated coverage of Southern Company with a Buy rating, with shares trading at $90.39 at the time. The ...
Remittix is set to add 41 new fiat currencies to its PayFi ecosystem, enhancing crypto-to-bank and bank-to-crypto transactions globally ahead of its November 24 RTX launch. This expansion aims to support more international markets and users, includin...
