JOHNS CREEK, Ga., Aug. 08, 2018 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-learning and healthcare industries, today reported results for its second quarter ended June 30, 2018. Ebix will host a conference call to review its results today at 11:00 a.m. EDT (details below). Ebix delivered the following results for the second quarter of 2018: Revenues: Q2 2018 revenue rose 42.6% to $124.6 million compared to $87.4 million in Q2 2017 and increased 15.1% over Q1 2018 revenue of $108.2 million. The year over year revenue improvement reflected growth in the Company’s Exchange channel, with the revenues from the EbixCash Financial Exchange reflected in the Exchange channel. On a constant currency basis, Ebix Q2 2018 revenue increased 44% to $125.4 million compared to $87.4 million in Q2 2017. The Exchange channel continued to be Ebix’s largest, accounting for 82% … [Read more...] about Ebix Q2 Revenues Rose 43% to a Record $124.6M, EPS Rose 25% to $0.92 and Operating Income Rose 44% to $38.3M
7 winning strategies for trading forex
THE TICKER President Trump and Vice President Mike Pence walk together on their way to greet Harley Davidson executives on the South Lawn last year. (Drew Angerer/Getty Images) Europeans in the market for Harley-Davidsons and Kentucky bourbon might want to stock up now. The Trump administration gave itself another month to hash out a trade agreement with the European Union, but people close to the process say the extra time isn’t likely to yield a breakthrough. A day after the White House announced the temporary cease-fire, the two sides are stuck in a staring contest over terms. The United States is pressing for quotas on European exports of steel and aluminum, among other concessions; the Europeans are resisting the demand, calling it a violation of World Trade Organization rules and insisting they won't negotiate under duress. As a consequence, for now, the two biggest markets in the world are bracing for the Trump administration to impose the metals … [Read more...] about The Finance 202: There’s no easy way out of Trump’s trade feud with Europe
Last Updated Dec 16, 2009 7:53 PM EST I got a telephone call not too long ago from yet another stranger offering to make me rich. This time, the method de jour was Foreign exchange futures, commonly called the Forex market. The pitch from Nobel Trading Group claimed they had a proprietary trading model that had delivered at least a 200 percent annual return for the last three years. They boasted of success in the Forex market, in which participants are able to buy, sell, exchange and speculate on currencies. Betting against the dollar, for example, has apparently been quite successful over the past couple of years. So I bit on this one and requested that the caller send me more information. They emailed me some documents that I would categorize as DRIP (data rich information poor). The data showed pages and pages of trades that looked pretty impressive. Noble Trading Group followed up with a call again claiming 200 percent returns. I thought I'd see if they would put it in writing. To … [Read more...] about Making Money With Foreign Exchange Futures?