The Latest Breaking News from ABL

Writer and scholar Nelida Pinon, the first woman to preside over the Brazilian Academy of Letters (ABL), died at age 85 in Lisbon, according to the literary club and Brazilian media reports.

The lawyer for one of the First Nations families involved in the Hawthorn cultural safety review raises questions over the independence of an investigative panel announced by the AFL.

PHILADELPHIA — Face it, Philadelphia could have no better cheerleader for a WNBA franchise than Dawn Staley, current iconic player-turned-coach of her sport.

The term 'meme stocks’ gained massive popularity last year, with several fundamentally weak stocks soaring to unsustainable prices solely based on retail investors’ bets on them. However, this year, investors are fleeing risky positions amid the overall risk-off sentiment and heightened volatility. So, it could be wise to avoid fundamentally…

Alta Equipment Group Inc (NYSE:ALTG) has agreed to acquire Yale Industrial Trucks, Inc. (YIT), a privately held Yale lift truck dealer with five locations in southeastern Canada. The implied enterprise value of the acquisition is estimated to be ~$33.5 million. Woodbridge, Ontario-based YIT provides sales, service, and rental of material handling equipment…

Lebanon's Bank Audi and Al-Mawarid Bank said on Wednesday they disagreed with a letter sent on behalf of the country's banking association that branded a staff-level agreement (SLA) with the International Monetary Fund "unlawful".

The Lebanese banks association ABL said on Wednesday it does not oppose an April draft deal between the government and the IMF, and sees an agreement with the fund as one of the main ways to exit Lebanon's financial crisis. At the same time, the ABL said that financial sector…

REV Group Inc (NASDAQ:REVG) reported a second-quarter FY22 sales decline of 10.5% year-over-year to $576.3 million, missing the consensus of $595.59 million. The gross margin declined by 367 bps to 9.9%, and the operating margin fell 525 bps to 0.2%. Adjusted EPS of $0.17 missed the consensus of $0.23. Adjusted EBITDA declined…

American Eagle Outfitters Inc (NYSE:AEO) has entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank, National Association to repurchase $200 million of the company's shares. The repurchase equates to about 16.7 million shares based on the closing price on June 2, 2022, representing about 8% of the company's outstanding shares. The…

Lebanon's government foresees cancelling "a large part" of the Central Bank's foreign currency obligations to commercial banks and dissolving non-viable banks by November, according to a financial recovery plan passed by the cabinet on Friday. The document, seen by Reuters and verified as accurate by a minister, was passed by…

The Association of Banks in Lebanon said on Saturday it "completely rejects” the government’s latest draft of a financial recovery plan meant to pull the country out of an economic meltdown. In a statement shared with Reuters, the ABL called the plan "disastrous” and said it would leave banks and…