) reported third-quarter results that topped Wall Street estimates on both the top and bottom lines. The fintech company reported adjusted earnings of $0.55 per share compared to estimates of $0.45 cents and revenue of $5.62 billion versus expectations of $5.47 billion. The company also raised its full-year adjusted EBITDA forecast for 2023 and issued upbeat guidance for 2024. Yahoo Finance Live breaks down the report.
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Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses to transfer dollars or euros abroad.OTTAWA — Bank of Canada governor Tiff Macklem says the central bank held its key interest rate at five per cent in part because of the effect a wave of upcoming mortgage renewals is expected to have on the economy.