Cash websites – Condenetint Tue, 22 Nov 2022 14:10:00 +0000 en-US hourly 1 Cash websites – Condenetint 32 32 2 top growth stocks to buy while the market is still down Tue, 22 Nov 2022 14:10:00 +0000

After the recent market downturn, there is good news for growth-oriented investors. The bad news is that growth stocks have fallen massively this year; curiously, the good news is the same. Many downed growth stocks could offer outsized returns to those who buy at current levels and hold their stocks for a while.

That’s the beauty of bear markets: they provide investors with incredible opportunities to make money. With that in mind, let’s look at two growth stocks to consider buying before the market rallies: Matching group (MTCH -0.54%) and To block (SQ -0.76%).

MTCH data by YCharts

1. Match Group

Match Group helps people find love by connecting them with potential partners they might never have met otherwise. The online dating specialist has a portfolio of websites and apps, including Tinder, its namesake, Hinge, and more. Match Group is struggling right now for the same reason many other companies are. The difficult macroeconomic environment affects its users and, consequently, its revenues.

The company reports that its platforms that target customers with less discretionary income, such as Plenty of Fish, are particularly hard hit. In the third quarter, the company’s total revenue rose a meager 1% year-over-year (YOY) to $810 million. Excluding the effect of exchange rate fluctuations, Match Group’s revenue increased 10% year-on-year.

The number of paid Match Group users increased 2% year-on-year to 16.5 million. The company’s revenue per payer of $16.02 was flat year over year.

Match Group is going through a period of transition. The company hired a new CEO this year, Bernard Kim, who set out to improve the business, especially Tinder. Kim decided to let go of the app’s former CEO, Renate Nyborg, citing Tinder’s inability to live up to its potential and its inability to seize some significant opportunities under Nyborg.

Under new guidelines (but without an official CEO yet), Tinder is experimenting with various initiatives designed to help improve its users’ experience. Match expects Tinder and the rest of its business to see stronger revenue growth in 2023. Beyond that, the company is still exploring a huge online opportunity in online dating.

Match Group estimates that only 15% of singles between the ages of 18 and 24 use Tinder on a monthly basis in its 10 largest markets in the United States. The company’s penetration is even lower in most other countries. Additionally, the value of Match’s platform increases as more people use it, with more potential daters attracting themselves into its ecosystem.

This gives Match a strong competitive advantage that will help it grow its payers, revenue, and stock price. Investors are expected to pounce on the company’s shares as they remain near their 52-week low.

2. Block

Block is a fintech specialist that serves both individuals and businesses through its Cash App and Square ecosystems, respectively. The first is a peer-to-peer payment app with many other features including direct deposit, free tax preparation services, a debit card, and stock and cryptocurrency trading. Cash App competes directly with banks in many ways.

Block’s goal has been to target the underbanked population. The company’s Square ecosystem is also valuable to businesses, providing portable point-of-sale systems, inventory and payroll services, and more. Block is doing surprisingly well despite the economic challenges we face. The company’s revenue increased about 17% year-on-year in the third quarter to $4.5 billion.

The company is still not always profitable, posting a net loss of $15 million during the period. Block’s business had broken even in the third quarter of the prior year. Block’s inability to stay profitable is one of the reasons its stock is struggling. The company has also been hit hard by the fall in cryptocurrencies. Block derives a significant portion of its revenue from Bitcoin trade.

In the third quarter, the company’s Bitcoin revenue (the dollar amount of Bitcoin sales to customers) fell 3% year-over-year to $1.76 billion. Excluding Bitcoin, Block’s revenue jumped 36% year-over-year.

Block’s Cash App and Square ecosystems continue to generate strong gross profits. Cash App’s gross profit was $774 million, up 51% from a year ago, while Square’s jumped 29% year-on-year to $783 million. The crypto space is quite volatile, and the uncertainty surrounding Bitcoin could continue to weigh on the company’s financial results and share price. But the good news is that Block’s Square and Cash App ecosystems still have plenty of room to function, especially as the fintech giant adds additional features to attract even more users.

The company recently rolled out a feature on Cash App that helps users search for Buy Now, Pay Later (BNPL) items through the company’s BNPL subsidiary, Afterpay, or through Cash App Pay. Block is still in the early stages of its attempt to add e-commerce functionality to Cash App, while its Square ecosystem continues to make huge strides.

The company is well positioned over the long term to reward investors who recoup its falling shares.

‘Dark business’: Thailand prepares for World Cup gambling frenzy | Crime Thu, 17 Nov 2022 06:05:14 +0000

Bangkok, Thailand – Every 15 minutes, a small crowd gathers in a shack in a Bangkok market to wait for the numbers to be drawn.

The buzz of anticipation with each ping pong lotto draw is palpable, but the excitement is invariably short-lived.

When number five is announced in a recent draw, a man chewing a betel nut sighs at his loss of 1,000 Thai baht ($28). Another crumples the paper containing his bet of 20 baht ($0.50).

Bettors who guess the correct number can win 10 times their bet. But in the end, the house always wins.

“We can make up to $15,000 a month at each table and we can pay the right people to keep them open,” the street bookmaker who runs the draw told Al Jazeera, asking to remain anonymous.

With the Qatar World Cup kicking off on Sunday, Thailand is bracing for a surge in gambling, which, while hugely popular, is illegal outside of a handful of state-sanctioned venues. .

While Thailand did not qualify for the tournament, Thais are expected to bet up to $1.6 billion on the games, according to researchers at the University of the Thai Chamber of Commerce.

Anti-gambling Thai defenders worry about anticipated increase in betting during World Cup in Qatar [File: Sorin Furcoi/Al Jazeera]

“World Cup fever will lead to a 50% increase in newcomers to the game,” Thanakorn Komkris, secretary of the Stop Gambling Foundation, told Al Jazeera.

“But the sad thing is that around a quarter of these newcomers will become regular players based on our experience with past football tournaments.”

Under Thailand’s Gambling Act of 1935, betting is illegal outside of the official lottery and a small number of racetracks.

Authorities have long maintained that the game goes against the tenets of Buddhism, the majority religion in Thailand, and encourages other social ills to flourish.

Yet illegal casinos, online betting shops, underground lotteries and pop-up bookmakers taking bets on everything from cockfighting to Muay Thai are ubiquitous, forming an underground economy worth billions of dollars a year. .

The COVID-19 pandemic and technology have made gambling easier than ever, says anti-gambling activist Thanakorn, with cash-strapped people turning to illegal websites that have sprung up all over the Southeast Asian country.

“Over a million Thais identify as pathological gamblers,” he said.

“Some argue with families because they have to borrow money, but many others turn to loan sharks who are often linked to illegal football websites…they are intertwined like a web.”

Thai horse racing
Betting is illegal in Thailand outside of the official lottery and a small number of racetracks [File: Lillian Suwanrumpha/AFP]

Ahead of the World Cup, Thai police said last week they had shut down 500 websites linked to a national gambling syndicate known as ‘Fat Fast’. Authorities seized nearly $13 million in assets in connection with the raids, local media reported.

Jun, a 34-year-old office worker in Bangkok, knows firsthand the temptations that come with World Cup fever.

He lost around 40,000 baht ($1,120) – several times the average monthly salary – at the 2018 World Cup in Russia, during which he bet up to 2,000 baht ($55.70) on every game. Despite his losses, Jun also plans to float this time around.

“But with the unstable economy, I don’t think I can risk that much this time around,” he said. “I just want to participate, it makes watching games so much more interesting.”

Like many Thais, Jun places his bets with neighborhood motorcycle taxi drivers, who act as street agents for underground bookmakers who ply their trade in almost every community.

But he says real money has to be won – and lost – online, where millions of baht can be at stake.

Authorities say many of these companies are based along Thailand’s border with Cambodia.

The Center for Gambling Studies at Chulalongkorn University in Bangkok has estimated that these gambling sites have created up to 700,000 new players this year alone.

Thai money flowing through these websites – along with the proliferation of casinos in neighboring Cambodia, Laos and Myanmar – has led some lawmakers to float the idea of ​​amending the Gaming Act of 1935 to allow licensed casinos .

In June, parliament heard a debate on the issue, which led to the creation of a commission to assess a relaxation of the law. If successful, the drive to bring gambling out of the shadows would break long-held taboos and could bring in billions of dollars in tax revenue currently being paid to illicit businesses.

Opponents say the companies that get the licenses to operate will inevitably grow so big, so fast that authorities will find it hard to contain them, especially if they come with illicit activities such as prostitution, human trafficking , drugs and money lending.

Muy Thai
Gambling on Muay Thai and other sports is popular in Thailand [File: Wally Santana/AP]

Activists such as Thanakorn have also argued that any legal change must be preceded by a lively debate over the health and social consequences in a nation already obsessed with betting.

“There’s no way it’s a good idea,” Thutchakrit Wongpanaporn, a former gamer who runs a YouTube channel dedicated to warning people about the dangers of gambling addiction, told Al Jazeera.

“Unless Thailand can regulate gambling like other Western countries, I just don’t see it,” said Wongpanaporn, known as Sia Joe, who lost more than $1.5 million to because of his addiction. “The government must first control online gambling before thinking about legalizing casinos.”

There are also fears over who would take control of the gambling industry, with casinos in neighboring Cambodia and Laos gaining a notorious reputation as hotbeds of online scams run by Chinese criminal gangs.

“In a ‘dark business’ like gambling, which has ties to criminal activity, there is no regulator strong or serious enough to handle it,” Wongpanaporn said.

For players like Jun, however, legalization could only be a good thing. Whatever its drawbacks, it would at least free millions of Thais from the threat of legal sanctions.

“The thing is, in Thailand, gambling is part of our DNA,” he said.

The I Bond rate has just fallen below 7%. We answer your questions Fri, 04 Nov 2022 23:09:12 +0000

We want to help you make more informed decisions. Certain links on this page – clearly marked – may direct you to a partner website and allow us to earn a referral commission. For more information, see How we make money.

I scream, you scream, we all scream for… I bond?

With continuing inflation weighing on consumer budgets, this quirky government savings bond offers a lot right now for people with savings to spare and looking for security in their investments. The I bond rate changed recently and is now yielding 6.89% for the next six months.

“This ‘I’ should remind you of inflation. You lend money to the US government, and in return it will pay you interest. And that interest rate can change,” personal finance expert Rita-Soledad Fernández Paulino said during a recent NextAdvisor webinar on I bonds.

But before rushing to the US Treasury website, it’s important to take a look at your overall financial picture and determine if I bonds are right for your current savings and investment goals. They make more sense if you have money you can put away that you won’t need to access with confidence in the near future.

You may also have outstanding questions about them. We received dozens of questions during our I Bond webinar with Fernández Paulino, and decided to search for answers. Here’s everything you need to know about this type of savings bond.

Your questions and answers about Series I Savings Bonds

What is an I bond?

Series I Savings Bonds are government guaranteed securities that are linked to the rate of inflation. Because the government backs it, it is considered a relatively safe and conservative investment with no risk of losing its primary value.

Where can you buy I bonds?

You can buy I bonds on the US Treasury website. The minimum purchase amount for an electronic deposit is $25. If you want paper bonds, you have to buy them in denominations of $50, $100, $200, $500, and $1,000.

Is there a limit to the amount you can invest in I bonds?

You can purchase up to $10,000 in electronic bonds per calendar year. But you can also use your tax refund to buy up to $5,000 in paper bonds, bringing your potential total to $15,000 per Social Security number each calendar year.

Am I taxable?

You must pay federal income taxes on the interest you earn on the bonds, but not state and local income taxes. If you use the bonds to cover tuition and related costs, you may be able to avoid paying federal income tax on your interest. You can find more information about school exclusion in IRS Form 8815.

What do you lose if you redeem the bond early?

It depends on how quickly you collect the deposit. You can only cash out your I Bond after one year. You will lose the last three months of interest if you cash it before five years. After five years, you will not lose interest in cashing out.

If you buy at the current interest rate and it drops on November 1, what interest rate applies to your bond?

The current interest rate of 9.62% will apply to your bond for the next six months.

How long will the money be locked in if you buy an I bond?

I bonds pay interest for 30 years, as long as you don’t cash them in first. You must keep them for at least a year, and if you redeem them after less than five years, you lose the previous three months of interest.

When should interest be reported for tax purposes: when you redeem the bond or when the interest is earned?

You can defer federal income tax until you redeem the bond or until it matures (30 years from the date of purchase), whichever comes first.

What if you are married? Can each person buy $10,000 of I bonds?

Yes, you and your partner could each buy $10,000 of I-Bonds. That’s the maximum amount you can buy in e-Bonds per calendar year and per Social Security number. You can also each buy $5,000 in paper bonds using your tax refund, bringing the total amount to $15,000 each.

Are bonds a good way to save for a down payment on a house?

If you plan to buy a house in the next five years, consider putting your money in an I bond to supplement your interest income, just like having a separate savings account. The thing to ask yourself is how nervous you would be to tie up that amount of money for a year or more.

How is the interest rate determined on I bonds?

Bond rates are made up of two parts: a base rate and a variable rate. The base rate is fixed for the life of the bond and the variable rate changes regularly according to the rate of inflation. Together, these rates are expressed as a composite rate. These are all the rates combined in a single graph since 1998.

Can you buy an I bond with TIN? Or just SSN?

You can use a TIN to buy a bond, according to Fernández Paulino.

How can you calculate what you will earn with I Bond?

The Treasury Department offers a savings bond calculator on its website where you can run the numbers to see how much you can earn over time. The calculator is for paper bonds only. If you have an electronic deposit, you can check its value by logging into your account. Once you are logged in, click on the ‘current holdings’ tab, choose a series and click ‘submit’ to see how much interest you have earned on a specific bond.

How does interest accrue? Monthly or yearly?

Interest accrues on the first of each month based on the rate of pay, which is currently 9.62%. From November 1, there will be a new interest rate for I bonds. Your interest is compounded semi-annually.

If I bought $10,000 in May 2022, can I buy another $10,000 in January 2023?

You can only purchase up to $10,000 in e-bonds per calendar year or 365 days. However, you can use your tax refund to buy up to $5,000 in paper bonds, bringing the total to $15,000.

How can you buy I bonds for your family?

The easiest way to give a savings voucher to a family member is through the TreasuryDirect website. To give someone an electronic savings voucher, you and the recipient need a TreasuryDirect account. You will also need the recipient’s full name, social security number (or tax identification number) and TreasuryDirect account number. You can only give a voucher to a child if they have an account linked to a parent’s account. You must keep the Savings Bonds in your account for at least five business days before you can send them to the recipient as a gift.

Is it difficult to cash the deposit? What is the process?

You can cash in your I bonds through the federal government’s TreasuryDirect site, by mail, or through a bank. If you are cashing your electronic bond, you will log into your account, select “ManageDirect” and use the link to cash securities. You’ll need to provide specific details such as the issue date and serial number for each bond, and your winnings will be deposited into your bank account within days.

For paper bonds, you will need to complete Form FS 1522 and mail your form and bonds to Treasury Retail Securities Services. You could also try cashing it in at a bank where you have a bank account, but banks vary in how much they will cash in at a time – or if they cash in savings bonds.

Do you have to create an account for every I bond you purchase, or can they all be purchased under one account?

You would make all of your bond purchases under the same account on the US Treasury website, either for yourself or as a gift to someone else. For example, a married couple would open two separate TreasuryDirect accounts if both spouses wish to purchase I Bonds. This is because each account is limited to purchasing $10,000 per person per calendar year.


MINNEAPOLIS, November 1, 2022 /PRNewswire/ — Bio-Techne Corporation (NASDAQ: TECH) announced that its Board of Directors has decided to pay a dividend of $0.32 per share for the quarter ended September 30, 2022. The quarterly dividend will be payable November 28, 2022to all ordinary shareholders registered on the November 14, 2022. Future cash dividends will be reviewed by the Board of Directors on a quarterly basis.

Bio-Techne also announced today that its Board of Directors has approved and declared a four-for-one stock split of Bio-Techne common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each shareholder registered in the November 14, 2022 will receive a dividend of three additional common shares for each share then held, to be distributed after the close of trading on November 29, 2022. Trading will commence on a stock split-adjusted basis on November 30, 2022.

Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company that provides innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne products facilitate scientific research into biological processes as well as the nature and evolution of specific diseases. They contribute to drug discovery efforts and provide the means to perform accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne has generated approximately $1.1 billion of net sales in fiscal year 2022 and has approximately 3,000 employees worldwide. For more information about Bio-Techne and its brands, please visit

Forward-looking statements:

Our press releases may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Such statements involve risks and uncertainties that may affect actual results of operations. Forward-looking statements in this press release include statements regarding the potential future repurchase of common stock of Bio-Techne. The following important factors, among others, have affected and in the future may affect the actual results and future share price of the Company: the effect of new branding and marketing initiatives, the integration of new businesses and new leaders, the introduction and acceptance of new products, the funding and direction of types of research by the Company’s customers, the impact of the growing number of producers of biotechnology research products and the associated price competition, general economic conditions, customer site closures or supply chain issues resulting from the COVID-19 pandemic, the impact of exchange rate fluctuations, and the costs and results of efforts research and development of the Company’s products and the companies in which the Company has invested or with which it has established strategic relationships.

For more information about these factors, see the section titled “Risk Factors” in the company’s annual report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements we make in our press releases as a result of new information or future events. Investors are cautioned not to place undue importance on these statements.

SOURCE Bio-Techne Corporation

New Mexico residents owed millions in unclaimed money Sat, 29 Oct 2022 17:06:25 +0000

A few years ago, I received an urgent email from my sister. The subject line said “Found Money!” She went on to explain that on a whim, she decided to search the Internet for databases containing the names of people who were owed money for one reason or another.

To her surprise and mine, she discovered that tens of thousands of dollars were owed to our grandmother who died in 1976. Since we were the only remaining heirs to her estate, the money was rightfully ours. We submitted our claims and received our funds within months. We have since found additional unclaimed funds twice.

Unclaimed funds are money and other assets whose rightful owner cannot be found. Unclaimed funds are usually released to the government after a legal “dormant” period has expired. Most states require that money and assets be returned to the state after five years. The two-step claims process, although a bit lengthy, is simple and free. The first step is to locate the unclaimed funds. The second step is to complete the process required to claim the money or assets.

Gary Sandler

The categories of unclaimed funds are numerous and may include abandoned or inactive bank accounts, abandoned safe deposit boxes, unclaimed state or federal tax refunds, life insurance payments, amounts owed to creditors of the bankruptcy, FHA mortgage insurance refunds, money left on gift cards, unclaimed retirement benefits, stock dividends and many other sources.

Unclaimed funds in New Mexico are held by the Department of Taxation and Revenue. Checking if you are eligible to claim funds is as simple as logging into, opening the “Individuals” menu, and choosing “Unclaimed Property”. The Department’s Unclaimed Property Unit held approximately $309 million in unclaimed funds as of October 2020, including more than $35 million deposited in the previous year. During the same period, the unit paid 3,764 claims totaling $10,052,419.31.