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Declining Stock and Solid Fundamentals: Is The Market Wrong About ARB Corporation Limited (ASX:ARB)? ARB (ASX:ARB) has a 15% Return on Equity (ROE) The'return' is the profit over the last twelve months. For every A$1 worth of shareholders' equity, the company generated A$0.15 in profit. ARB's ROE compares favorably to the industry average of 11%. The company is expected to keep paying out approximately 55% of its profits.
Unclaimed ARB Tokens Worth $56M Returned To DAO The Arbitrum Foundation moved $56.5M worth of unclaimed ARB tokens. The tokens were left over from the Layer 2 network’s token airdrop in March. The maximum claim for an individual address was 10,250 tokens.
Shareholders in Argo Blockchain (LON:ARB) are in the red if they invested a year ago Argo Blockchain plc (LON:ARB) shareholders are down 77% for the year. That's worse than the broader market decline of 1.5%. Holders should not lose the lesson: loss making companies should grow revenue. The stock is still 51% higher than it was three years ago.
Four recent rulings by the Advertising Regulatory Board that caught our eye The Advertising Regulatory Board (ARB) recently found some adverts to be misleading. Toyota is justified in describing the Fortuner as new. But it is not justified in using the words ‘all new’ and ‘re-imagined’
Will Weakness in ARB Corporation Limited's (ASX:ARB) Stock Prove Temporary Given Strong Fundamentals? ASX:ARB has declined 7.5% over the past three months. Its strong financials could mean that the stock could potentially see an increase in value in the long-term. We will be paying attention to ARB's ROE today.
Flash News: OKX Shark Fin Debuts New Weekly Listing, Adds FIL, DOT and ARB to Dual Investment OKX Debuts New Weekly Listing on SharkFin. Filecoin (FIL), Polkadot (DOT) and Arbitrum (ARB) added to Dual Investment.
Arbitrum Sets Sights On Polygon's Market While Big Eyes Coin Garners Attention layer-2 blockchains offer greater flexibility and scalability than their layer-one counterparts. Arbitrum (ARB) has emerged as a strong competitor to Polygon (MATIC) Big Eyes Coin (BIG) has taken the crypto industry by storm with its unique and adorable Loot cards.
Arbitrum Sets Sights On Polygon's Market While Big Eyes Coin Garners Attention layer-2 blockchains offer greater flexibility and scalability. Arbitrum (ARB) has emerged as a strong competitor to Polygon (MATIC) Big Eyes Coin (BIG) has taken the crypto industry by storm with its unique and adorable Loot cards.
A Look Into ARB's (ASX:ARB) Impressive Returns On Capital ARB has an ROCE of 23%. In absolute terms that's a great return and it's even better than the Auto Components industry average of 9.6%. The company has employed 118% more capital in the last five years. With returns that high, it's great that the business can continually reinvest its money at such appealing rates of return.
Arbitrum Declares First DAO Vote Moot, Cites ‘Chicken and the Egg’ Problem As ARB Falls Arbitrum's newly-launched ARB token sank Sunday as the network sought to clear a cloud of confusion that descended over its DAO's first vote. The price of ARB fell 7.7% on Sunday to $1.18, according to CoinGecko.
Flash News: OKX Lists Arbitrum, Launches $ARB/USDT Perpetual Trading Competition OKXOKX to list Arbitrum (ARB) for Spot and Perpetual TradingUsers can win from up to 25,000 USDT Prize Pool in a $ARB/USDT perpetual trading competition. OKX is the second biggest global crypto exchange by trading volume.
Foothills residents concerned about phasing out gas appliances amid power restoration, storms Foothills residents concerned about phasing out gas appliances amid power restoration and storms. California Air Resources Board (ARB) said a recommendation on the issue will be considered in 2025. The ARB said they haven't decided if propane will be affected.
ARB First Half 2023 Earnings: Beats Expectations ARB (ASX:ARB) First Half 2023 ResultsKey Financial ResultsRevenue: AU$342.4m (down 5.1% from 1H 2022).Net income: AU $47.4million (down 31% from1H 2022) Profit margin: 14% (down from 19% in 1H 2021) Earnings per share (EPS): AU$0.58 ( down from AU $0.84) Revenue forecast to grow 7.9% p.a. on average during next 3 years.
Timken Acquires American Roller Bearing Company The Timken Company has acquired the assets of American Roller Bearing Company. ARB boasts a large U.S. installed base and strong aftermarket business. Timken funded the transaction with cash on hand.
Crypto Lender Nexo Fined $46.5M for US Securities Law Violations The New York State Department of Financial Services (NYDFS) released regulatory guidance on Monday. South Africa’s Advertising Regulatory Board (ARB) issued new guidelines mandating a risk warning for all cryptocurrency investment advertisements.