Better-Than-Expected Results Boost Home Depot Stock
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14Nov
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14Nov
Inflation flat from the prior month, core CPI at 2-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy.The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for...
14Nov
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14Nov
Fisker shares down Q3 earnings material weakness
Fisker Inc. officially revealed the Fisker Ocean all-electric luxury crossover at CES 2020 in Las Vegas.Shares of electric-vehicle startup Fisker are sinking in premarket trading Tuesday following a disappointing earnings report and a regulatory filing that raised concerns about the company's previous financial statements.Shares were down more than 17%...
14Nov
FSR, KHC, HD and more
Check out the companies making headlines before the bell. Fisker — The electric vehicle startup company plummeted more than 18% after missing on third-quarter earnings forecasts and reporting light vehicle deliveries. The company noted that the pace of vehicle deliveries accelerated near the end of the quarter, however. Kraft...
14Nov
Fixed income favored as US institutions bet on higher rates for the next 12 months
More than three quarters of U.S. institutional investors are expecting interest rates and inflation to remain elevated for at least the next 12 months, putting fixed income investments in pole position to generate the best returns in 2024. A new report from CoreData also reveals that these organizations are tiring...
14Nov
Snowden Lane addition brings total recruited assets this year to $1B
Snowden Lane Partners has added a $230 million advisor to its list of seven recruitments for 2023, which have given the hybrid RIA firm a $1 billion boost in AUM. Former Merrill Lynch vice president and wealth advisor William H. “Trey” Jones III is the latest to join the firm...
14Nov
Big aggressive rate cuts coming within months say UBS, Morgan Stanley
Strategists at UBS Investment Bank have made bold predictions regarding the Federal Reserve's future interest rate cuts, based on their expectations of an economic downturn. UBS Investment Bank's Arend Kapteyn and Bhanu Baweja have forecasted that the Federal Reserve will start on a substantial m Learn more about reprints and licensing...
14Nov
Home Depot (HD) Q3 2023
A Home Depot store in Livermore, California, US, on Thursday, May 12, 2022. Home Depot Inc. is scheduled to release earnings figures on May 17. Photographer:David Paul Morris | Bloomberg | Getty ImagesHome Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers...
14Nov
Stocks rise as markets await US inflation report
Global stocks and bonds edged higher ahead on speculation that a crucial U.S. inflation report will show that price pressures slowed last month, cementing the view that interest rates have peaked. Europe’s Stoxx 600 index added 0.2%, with mining stocks led by a 4% gain in Glencore Plc aft Learn more...