Supporters cheers as US Vice President and Democratic presidential candidate Kamala Harris arrives to speak at a campaign event at the Erie Insurance Arena in Erie, Pennsylvania, on October 14, 2024. Dustin Franz | Afp | Getty ImagesFive of the seven swing states in the 2024 presidential election improved their overall business climates during the Biden-Harris administration, according to CNBC’s annual America’s Top States for Business study. But that does not necessarily mean the states are better off economically, in an election cycle where the economy has consistently ranked at or near the top of voters’ concerns.Since 2007, CNBC has been…
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MIAMI, FL, Oct. 16, 2024 (GLOBE NEWSWIRE) — Veru Inc. (NASDAQ: NASDAQ:), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that the Company will present at the World Obesity and Weight Management Congress, taking place October 24-26, 2024, in Baltimore, Maryland. Keynote Presentation Name: Advancing enobosarm, an oral novel Selective Androgen Receptor Modulator (SARM), to avoid muscle loss and augment fat loss when combined with a Glucagon-Like Peptide-1 Receptor Agonist (GLP-1 RA) drugs for potentially higher quality weight lossDate:…
HENRICO COUNTY, Va. (WRIC) — In a move aimed at enhancing safety for pedestrians and drivers alike, the Henrico County Board of Supervisors has allocated $1.5 million to improve road lighting throughout the area. This decision follows a rise in traffic incidents, with local police reporting 70 crashes on county roads since Oct. 8, including at least 54 involving pedestrians. The funding will primarily support the installation of solar-powered street lights in poorly lit areas, focusing on key intersections and locations identified as having a higher frequency of pedestrian-related accidents. The selection of these areas will be guided by a…
The Ohio Bureau of Workers’ Compensation has decided to pull around $750 million in assets from Western Asset Management Company as the money manager faces regulatory scrutiny over its trading practices. Western Asset is a division of Franklin Resources. Franklin’s stock is down 11% since late August when news of the Securities and Exchange Commission investigation into a star manager’s trades first broke. The bureau’s board of directors voted 8-0 to terminate Western. The… Source link
As readers may know, five mutual fund portfolios can be compared with the Google Sheets-based freefincal mutual fund portfolio overlap tool.Mr Sundararajan Srinivasan has updated the tool by replacing the existing (incomplete) Stock Sector listing with the standard SEBI classification.FeaturesIt allows you to compare the portfolio of five mutual funds. These can be a mix of equity, hybrid, and debt mutual funds (excluding overnight funds).Suppose mf1, mf2,mf3,mf4 and mf5 are the funds chosen; we find the no of common stocks and percentage overlap in equity between mf1 and mf2; mf1 and mf3; …. mf2 vs m4 … mf4 vs mf5…
Image source: Getty Images The main chatter so far today (16 October) has been the surprise fall in UK inflation. The September reading came in at 1.7%, below the 1.9% forecast and a sharp drop from the 2.2% in the previous month. Naturally, the stock market has jumped as a result, but there are some key UK shares that I think will lead the charge from here. My thinking on where to focus Before I get to specific shares, it’s important to show my workings (like my maths teacher always used to tell me). Economic theory tells me that raising…
(Bloomberg) — Qualcomm Inc. is likely to wait until after the US presidential election in November before deciding whether to pursue an offer to buy Intel Corp., people familiar with the matter said.Most Read from BloombergSan Diego-based Qualcomm wants greater clarity on the new occupant of the White House before deciding its next move because of the impact any future administration would have on the antitrust landscape and America’s relationship with China, according to the people, who asked not to be identified discussing confidential information.Qualcomm could opt to wait until after the inauguration of the new US president in January…
On Wednesday, BofA Securities adjusted its stance on CF Industries (NYSE: NYSE:), downgrading the stock from Neutral to Underperform and setting a price target of $83.00. The firm’s analyst pointed to several factors that could dampen the recent price rally in urea and ammonia. The downgrade comes after observing significant support for ex-US urea prices and global ammonia prices due to supply disruptions and consecutive urea tenders by India. U.S. urea and UAN prices have also begun to reflect this positive momentum. Despite these trends, the analyst anticipates a potential decline, citing several reasons for the less optimistic outlook. Firstly,…
Togo’s Sandwiches has promoted CFO Matt Dowling to the CEO role, only he also gets to keep the CFO job. Dowling, who has been with Togo’s for nearly three years, replaces former CEO Glenn Lunde, who announced last week that he had moved to Yoshinoya America as CEO. Chipotle is investing in a potential Cava competitor. The fast-casual burrito chain is investing in a 6-unit Mediterranean brand called Brassica as part of its $100 million Cultivate Next venture fund. Brassica is based in Columbus, Ohio, that focuses on salads and sandwiches. Velvet Taco has some big growth plans overseas. The…
Image source: Getty Images Phoenix Group (LSE:PHNX) shares have proved an exceptional investment for dividend investors for more than a decade. Shareholder payouts have marched steadily higher in that time. And the yield on the FTSE 100 company has long beaten the index average of 3% to 4% during the period. Source: TradingView Past performance is no guarantee of future returns. But encouragingly for income chasers, the City’s community of analysts are expecting dividends from Phoenix shares to keep marching skywards. So how much passive income could I make with a £10,000 investment today? 11.1% dividend yield Phoenix’s long track…