Fed’s Goolsbee: Nothing needs to change in the data to justify rate cuts
The economic data doesn’t have to change in order to justify interest-rate cuts — there just has to be more of it, Chicago Fed President Austan Goolsbee said...
Eurozone Price Pressures Edged Higher to End the Year
Inflation in the countries that use the euro rose to 2.9 percent in December, but the underlying rate continued a downward trend.
Gardai identify reason why amount spent on overtime has significantly increased in 2023
The overtime spend for the first nine months equates to an average daily spend of just €506,337 per day
Radius Care sees drop in profit, but better underlying result
Aged care operator Radius Care reported an 18 percent drop in half-year profit, due to the previous year's one-off gains.
Study reveals a higher market valuation of cash holdings of firms adopting electronic voting
Firms worldwide are increasingly adopting electronic voting, enabling shareholders to cast their votes online instead of attending shareholder meetings in person. Shareholders can enjoy superior accessibility ...
Bens Creek losses widen as it maintains operational progress
North American metallurgical coal miner Bens Creek reported a significant first-half milestone on Thursday, as it produced 204,998 tons of clean metallurgical coal, marking a 105% increase compared to the same period last year.
🔒 Boardroom Talk – Reminder it’s time in the market, not timing the market that matters
I spent a lovely virtual hour with tribe members yesterday in our monthly webinar, updating the two share investment portfolios.
Emerald Advisors LLC Raises Stock Holdings in Lockheed Martin Co. (NYSE:LMT)
Emerald Advisors LLC raised its position in shares of Lockheed Martin Co. (NYSE:LMT – Free Report) by 12.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,697 shares of the aerospace company’s stock after acquiring an additional 187 shares during the […]
Jim Cramer's top 10 things to watch in the stock market Thursday
Wall Street looks to rebound after a losing session Wednesday driven by a pullback in Nvidia.
Awg Tengah: Sarawak’s export value of timber products declined 23 pct as of 3Q of 2023
KUCHING (Nov 29): Sarawak’s export value of timber products recorded a decrease of 23 per cent to RM2.3 billion until the third quarter (3Q) of 2023, said Datuk Amar Awang Tengah Ali Hasan. The Second Natural Resources and Urban Development Minister said this is when compared to the RM3 billion e
Wealthcare Advisory Partners LLC Decreases Stock Holdings in VanEck Short Muni ETF (BATS:SMB)
Wealthcare Advisory Partners LLC lowered its position in VanEck Short Muni ETF (BATS:SMB – Free Report) by 10.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 177,471 shares of the company’s stock after selling 20,787 shares during the period. Wealthcare Advisory […]
Gold Price Forecast: Inflation above target to prevent imminent rate cuts and XAU/USD bull run – TDS
Gold has recorded a surprisingly strong performance despite interest rates reaching a two decade high in the US and Western world.
GM says strike cost $1.1B, but it can absorb rising labor costs as it raises dividend
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend.
Keefe, Bruyette & Woods Raises Fidelity National Financial (NYSE:FNF) Price Target to $51.00
Fidelity National Financial (NYSE:FNF – Free Report) had its price objective raised by Keefe, Bruyette & Woods from $46.00 to $51.00 in a research report report published on Wednesday, Benzinga reports. The firm currently has a market perform rating on the financial services provider’s stock. A number of other analysts have also recently commented on […]
Lack of Eurozone productivity gains: structural, not cyclical - Natxis
A research note from Patrick Artus of Natixis Research is out on Monday, highlighting how the lack of productivity gains for the Eurozone could be a result of structural weakness, rather than the oft-touted cyclical factors.
Halpern Financial Inc. Grows Holdings in UnitedHealth Group Incorporated (NYSE:UNH)
Halpern Financial Inc. raised its stake in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 70.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 216 shares of the healthcare conglomerate’s stock after acquiring an additional 89 shares during the […]
Chesley Taft & Associates LLC Raises Stock Holdings in Bank of America Co. (NYSE:BAC)
Chesley Taft & Associates LLC increased its position in Bank of America Co. (NYSE:BAC – Free Report) by 10.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,882 shares of the financial services provider’s stock after buying an additional […]
Lifestyle Asset Management Inc. Trims Stock Holdings in Pfizer Inc. (NYSE:PFE)
Lifestyle Asset Management Inc. trimmed its position in Pfizer Inc. (NYSE:PFE – Free Report) by 78.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,137 shares of the biopharmaceutical company’s stock after selling 22,434 shares during the period. Lifestyle […]
Gold Price Forecast: Slightly weaker XAU/USD is justified in the short term – Commerzbank
Gold price went on a rollercoaster ride on Friday following the release of the US employment report.
Fortem Financial Group LLC Cuts Stock Holdings in Wells Fargo & Company (NYSE:WFC)
Fortem Financial Group LLC decreased its holdings in shares of Wells Fargo & Company (NYSE:WFC – Free Report) by 19.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 6,947 shares of the financial services provider’s stock after selling 1,627 shares during the period. Fortem Financial Group LLC’s […]
First National Bank of Mount Dora Trust Investment Services Cuts Stake in Adobe Inc. (NASDAQ:ADBE)
First National Bank of Mount Dora Trust Investment Services cut its position in Adobe Inc. (NASDAQ:ADBE – Free Report) by 2.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,001 shares of the software company’s stock after selling 497 shares during the quarter. […]
Local Government NZ warns of dramatic rate rises, says 'significant change' is needed
"I've been involved in local government for 13 years and I haven't seen anything like this."
Chemistry Wealth Management LLC Trims Holdings in Wells Fargo & Company (NYSE:WFC)
Chemistry Wealth Management LLC trimmed its position in Wells Fargo & Company (NYSE:WFC – Free Report) by 15.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,109 shares of the financial services provider’s stock after selling 5,249 shares during the quarter. […]
First Financial Bank Trust Division Decreases Stock Position in American Express (NYSE:AXP)
First Financial Bank Trust Division lowered its holdings in American Express (NYSE:AXP) by 17.7% in the 3rd quarter, Holdings Channel reports. The firm owned 1,433 shares of the payment services company’s stock after selling 309 shares during the period. First Financial Bank Trust Division’s holdings in American Express were worth $214,000 as of its most […]
Case-Shiller Home Index Shows Prices Jumped at Highest Rate of 2023
S&P CoreLogic Case-Shiller home price index accelerated at its fastest pace of the year in October, moving higher by 4.8% year-over-year.
Adobe embroiled in anti-trust issues, forecasts revenue below estimates
Photoshop maker Adobe said on Wednesday (Dec 13) it was facing regulatory scrutiny over its subscription models and forecast annual and quarterly revenue below estimates, sending its shares down more than 5 per cent in after-hours trading. The San Jose, California-based company said in a regulatory filing
Rupee to gauge dollar’s recovery even as economic data drives US yields lower
By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee is likely to open little changed on Wednesday amid a recovery in the greenback even as U.S. Treasury yields declined after data showed that job
Compton Wealth Advisory Group LLC Grows Holdings in Walmart Inc. (NYSE:WMT)
Compton Wealth Advisory Group LLC grew its stake in Walmart Inc. (NYSE:WMT – Free Report) by 6.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,015 shares of the retailer’s stock after buying an additional 470 shares during […]
Government finances slightly better than forecast but deficit still sizeable
Government finances are marginally better than expected, but remain in a sizeable deficit, while debt levels have risen as the new government prepares to outline its immediate spending plans in a mini-Budget.
Fed will not cut interest rates in March, as the market expects, but only in May – Commerzbank
US December inflation data surprised slightly on the upside overall.
Dividend: Multibagger stock posts strong earning in H1 of current fiscal
The second quarter Q2 cheered up the economy and it is already visible in industrial stocks.
EDITORIAL | Whether it’s load-shedding, load reduction or rotation, impact on those affected is the same
It's time that the upgrading of infrastructure is put high on the agenda
ICICI Bank shares gains 3% after Q1 results. Will it outperform peers?
Analysts maintain their 'Buy' ratings on the stock, with price targets suggesting up to 20% potential upside. Here is all you need to know:
Volution to beat earnings estimates after strong UK trading
Ventilation products group Volution expects to beat profit forecasts after a strong performance across the board in the first four months of the financial year.
GM believes it will stop losing money on electric vehicles in 2025 as higher margin vehicles arrive
General Motors is losing money on every electric vehicle it sells, but the company says it’s on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing...
Quadratic Interest Rate Volatility and Inflation Hedge ETF to Issue Dividend of $0.06 (NYSEARCA:IVOL)
Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL – Get Free Report) declared a dividend on Monday, July 29th, NASDAQ reports. Stockholders of record on Tuesday, July 30th will be given a dividend of 0.0569 per share on Wednesday, July 31st. The ex-dividend date of this dividend is Tuesday, July 30th. Quadratic Interest Rate […]
A rare bullish signal just flashed that says the S&P 500 is set to rocket 20% higher in 2024, investment research firm says
Stocks just flashed a rare bullish signal that suggests new highs in 2024, Renaissance Macro said. Stocks have only risen this fast seven times over the
Xpeng won’t engage in EV price war in Malaysia – no discounting in future; may even increase prices!
Bermaz Xpeng will not engage in a “price war,” which is a phenomenon that is currently widespread among carmakers in China. Over the past few months, companies slashed prices of its models, particularly new energy […]
GDP in the third quarter raised to 5.2% — but surge in growth is fading
The U.S. economy grew at a somewhat faster 5.2% annual pace in the third quarter, but the surprisingly strong gain appears to have been a one-off.
The S&P 500 could crash by 30%, a recession is likely underway, and interest rates might not fall before summer, market prophet says
A market prophet says the S&P 500 could crash 30%, and a recession is probably underway. Gary Shilling doubts the Fed will cut interest rates before
Toyota global output falls for 6th straight month in July
TOKYO: Toyota Motor said on Thursday (Aug 29) its global production slipped for a sixth straight month in July, hurt by declines in markets such as China and Thailand, though the fall was smaller than the previous month's double-digit drop. Output for July slid 1 per cent compared to the same month a year
Collapsed US money supply is a threat to employment, growth, and inflation, Wharton professor Jeremy Siegel says
US money supply has seen its longest stagnation since World War II, according to Jeremy Siegel. The Wharton professor said the US now faces major
Malaysia banking sector to see modest growth in 2024, says Fitch
Loan growth expected to lag nominal GDP growth for fourth consecutive year.
Next interest rate cycle likely to cause structurally high volatility again – Commerzbank
Ulrich Leuchtmann, Head of FX and Commodity Research, shares his view about structural shifts in volatility.
Mythical finds and their effects on gold markets, By Fidelis Nwagwu
Throughout history, tales of lost gold treasures have inspired explorers, adventurers, and treasure hunters.
McElhenny Sheffield Capital Management LLC Sells 437 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)
McElhenny Sheffield Capital Management LLC decreased its position in Marsh & McLennan Companies, Inc. (NYSE:MMC – Free Report) by 11.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,480 shares of the financial services provider’s stock after selling 437 shares […]
Liquidity Services (NASDAQ:LQDT) Given Outperform Rating at Barrington Research
Barrington Research reaffirmed their outperform rating on shares of Liquidity Services (NASDAQ:LQDT – Free Report) in a research note published on Monday, Benzinga reports. The firm currently has a $27.00 price objective on the business services provider’s stock. Separately, StockNews.com raised shares of Liquidity Services from a buy rating to a strong-buy rating in a […]
Marsh & McLennan Companies, Inc. (NYSE:MMC) Stake Lifted by Carnegie Capital Asset Management LLC
Carnegie Capital Asset Management LLC increased its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC – Free Report) by 16.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,816 shares of the financial services provider’s stock after […]
Saudi banks sees 5th month of steady 10% lending growth in October: SAMA 
RIYADH: Saudi banks experienced a 10 percent increase in lending in October 2023, maintaining a consistent year-on-year growth rate for the fifth consecutive month, according to the latest data released by the Kingdom’s central bank. Bank lending reached a total of SR2.56 trillion ($680 billion) in October, up from SR2.33 trillion in the same month of the previous year, as
last updated on 20 Sep 01:58