[ad_1] By Matt Tracy (Reuters) – It could be a bumpy ride for U.S. corporate bond spreads in 2025, with investors and strategists expecting more market volatility, as the new Trump administration implements a reform agenda that could be inflationary and slow the pace of U.S. interest rate cuts. Corporate credit spreads, the premium over Treasuries that companies pay for debt, widened last week after the Federal Reserve’s December meeting. The Fed cut interest rates by 25 basis points but Chair Jerome Powell expressed caution about further reductions without seeing progress in lowering stubbornly high inflation. The widening of spreads…
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[ad_1] VANCOUVER, Wash., Dec. 23, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline on Monday, December 23rd by Riverview Bancorp , Inc. (Nasdaq GSM: NASDAQ:), please note that in the first paragraph, the dates regarding Board approval, shareholder eligibility, and the payable date have been corrected. The corrected release follows: Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (Riverview or the Company) today announced that on December 18, 2024, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on January 14, 2025,…
[ad_1] Zebra Technologies Corporation ZBRA stands to benefit from strength across its businesses, focus on operational excellence and acquired assets. The company remains focused on investing in growth opportunities and strengthening its long-term market position.ZBRA, which has a market capitalization of $20.3 billion, currently sports a Zacks Rank #1 (Strong Buy). Let’s delve into the factors that have been aiding the firm for a while now.Business Strength: The company has been witnessing growth across the Enterprise Visibility & Mobility segment. Higher sales of mobile computing and data capture solutions are driving the segment’s revenues, which increased 33.7% year over year…
[ad_1] Households saved 14.1pc of their incomes in the last quarter. The trend of putting away extra money began during Covid but has continued since, with the savings rate averaging around 14pc since the middle of 2022.This means even though real incomes have been rising, consumption and spending are not keeping pace.Ireland’s ageing demographic means the working-age population is going to peak in 2045 and then decline, leading to the savings rate increasing further, according to Robert Kelly, director of economics and statistics at the Central Bank.“Looking at the working age charts, we expect more and more savings. An ageing…
[ad_1] When it comes to investing, many people look back and wish they would have done something differently, like not pulling their money out of the stock market when things got dicey or saving more for retirement. But sometimes taking a look at the mistakes of others can help you make more informed financial decisions.We asked certified financial planners and advisers what their biggest investing regret is, and what mistakes they see clients making most often. Here are five things these financial professionals — and their clients — said they regret the most.1. Not saving enough for retirement Get updates…
[ad_1] Microvast Holdings Inc. (NASDAQ:) stock has reached a new 52-week high, trading at $1.96, as investors show increased confidence in the company’s growth prospects. The company, with a market capitalization of $623 million, has demonstrated remarkable momentum with a 252% surge over the past six months. According to InvestingPro analysis, the stock’s RSI suggests overbought territory. This milestone reflects a significant turnaround from previous market performance, with the stock demonstrating a robust 1-year change, climbing 52.06%. The surge to the 52-week high represents a noteworthy achievement for Microvast, as it continues to navigate the competitive landscape of the battery…
[ad_1] (Bloomberg) — Honda Motor Co. sketched plans for a drawn-out deal that amounts to an acquisition of Nissan Motor Co., as Japan’s automakers struggle to keep up in an increasingly competitive global car industry. Most Read from Bloomberg The two announced a tentative agreement Monday to set up a joint holding company that will aim to list shares in August 2026. While their executives called the transaction a merger, Honda will take the lead in forming the new entity and nominate a majority of its directors. Nissan’s partner Mitsubishi Motors Corp. may also participate in the deal. “On the…
[ad_1] By Sudip Kar-Gupta and Gabriel Stargardter PARIS (Reuters) -France unveiled a new government on Monday composed of former ministers and senior civil servants that Prime Minister Francois Bayrou will hope can oversee the passage of a 2025 budget and prevent a deepening of the country’s crisis. Eric Lombard, 66, the head of Caisse des Depots, the investment arm of the French government, became finance minister, working with Amélie de Montchalin as budget minister. They will need to begin work immediately with Bayrou on passing a 2025 budget bill after parliamentary pushback over the proposed legislation led to the toppling…
[ad_1] SAN FRANCISCO—Samuel Yount, the Chief Business Officer of NerdWallet, Inc. (NASDAQ:NRDS), a financial services company with a market capitalization of $955 million, recently sold shares of the company’s stock valued at approximately $268,274. According to InvestingPro analysis, the stock currently trades below its Fair Value, with analysts setting price targets ranging from $14 to $20. The transactions, dated December 19, 2024, involved the sale of a total of 21,124 shares of Class A Common Stock at a weighted average price of $12.70 per share. These sales were executed under a Rule 10b5-1 trading plan, which Yount adopted on September…
[ad_1] Paul Joseph Gallagher, Chief Supply Chain Officer at General Mills Inc. (NYSE:), recently sold 1,041 shares of the company’s common stock. The transaction, which took place on December 20, 2024, was executed at a price of $64.50 per share, amounting to a total value of $67,144. Following this sale, Gallagher retains ownership of 42,116.7982 shares directly. Additionally, he holds 316.44 shares indirectly through a trust, as noted in the company’s savings plan.The sale comes as General Mills, currently valued at $35 billion, trades near its 52-week low of $61.48. The company maintains a solid 3.77% dividend yield and has…