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Spruce Point also said MSCI changed the language it uses to describe non-recurring revenue in its index business. In the second quarter of 2023, MSCI reported a 160% increase in non-recurring revenue and explained it as onetime license fees related to prior periods, Spruce Point said.

Amplifon also said it ask shareholders to authorise a new buyback programme for up to 10% of its share capital after the current one expires in October. ($1 = 0.9179 euros) (Reporting by Alessandro Parodi; editing by Jason Neely and Keith Weir)

One of the benefits of the recurring deposit is the tenure. The tenure for this deposit can be anywhere between six months to over 10 years. This is an ideal strategy when you want to save up for a particular investment or venture. Ideally, it also allows you the benefit of investing your unused funds for any emergency need or requirements, while enjoying good returns from it.

The pronoun for 'old lady' is she (subjective) and her (objective).

Engie's net recurring income for 2023 totalled 5.4 billion euros ($5.85 billion), up from 5.2 billion euros in 2022. Full-year earnings before tax and interest, excluding its nuclear activities, was 9.5 billion euros, up from 8 billion in 2022.

This will vary based on your plan. I suggest you contact the Cigna office -- they'll have this answer easily available.

Tanji will leave Prudential in September after 35 years with the company, during which he held a number of senior leadership positions and was responsible for directing the company's financial strategy as its finance chief.

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The last time France took such a measure for its overseas territory was in January 1985, during a peak of recurring violent conflicts between French authorities and a pro-independence movement that spanned most of the 1980s. (Reporting by Benoit Van Overstraeten and Dominique Vidalon)

They are a part of normal ongoing business. However, non-recurring items are things like gains and losses, changes in accounting policies that affects income. They are not usual a part of normal ongoing business.

After a series of weak earnings pressured by rising delinquency and higher costs, Bradesco installed a new chief executive at the end of last year and began implementing a plan to gradually recover its profitability.

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April 23 (Reuters) - MSCI's first-quarter profit rose on Tuesday, due to strong demand for its index products and analytics services as the likelihood of fewer U.S. Federal Reserve rate cuts sparked volatility.

Use of Other People's Resources and Other People's Money are key ingredient required to generate passive income. Other People's Money buys you time (a key limiting factor of earned income in wealth creation). In a sense, use of other people's resources gives you back your time. When it comes to raising capital, businesses that generate passive income usually attracts the largest amount of Other People's Money. This is because it is generally possible to closely approximate the return (or at least the risk) you can expect from passive investments and so banks etc., will often fund passive investment opportunities. A good business plan backed by strong management will usually attract angel investors or venture capital money. And real estate can often be acquired with a small down payment (20% or less in some cases) with the majority of the money borrowed from a bank typically.

Business can be a source of passive income. Many entrepreneurs start out in business with the idea of starting a business so as to sell their stake for some millions in say 5 years time. This dream will only become a reality if you, the entrepreneur, can make yourself replaceable so that the business's future income generation is not dependent on you. If you can do this than in a way you have created a source of passive income. For a business, to become a true source of passive income it requires the right kind of systems and the right kind of people (other than you) operating those systems.

The company's after-tax adjusted operating income came in at $943 million, or $2.58 per common share, for the three months ended Dec. 31, compared with $932 million, or $2.49 per common share, a year earlier. (Reporting by Pritam Biswas in Bengaluru; Editing by Shinjini Ganguli and Anil D'Silva)

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