Eli Lilly (NYSE: LLY) and Merck (NYSE: MRK) have seen their shares rise by over 17% and 5%, respectively, this year while the S&P 500 Health Care Sector Index has dropped 1.7%. For Merck, it is a pipeline bolstered by vaccines and oncology therapies. For Lilly, it's a weight-loss drug and an Alzheimer's disease therapy that are showing huge potential.
The euro area benchmark Bund yield hit its highest in almost five months on Friday as demand for safe-haven assets receded, while investors reduced their bets on European Central Bank interest rate cuts after recent robust U.S. data. Markets now see fewer than three 25 basis point (bps) ECB rate cuts in 2024. Forwards on ECB euro short-term rates (ESTR) on Friday implied 72 bps of monetary easing from 85 bps early this week.
The U.S. Environmental Protection Agency will temporarily expand sales of higher-ethanol blends of gasoline this summer in an effort to reduce potential supply disruptions amid ongoing conflicts in Ukraine and the Middle East, it said in a letter dated Friday. The decision marks the third consecutive year the administration has lengthened the period during which Americans can keep buying E15, a gasoline that uses a 15% ethanol blend. Adding ethanol to gasoline is known to increase smog pollution in hot weather, but research has shown little difference between E15 and the more-widely available E10 blends.
CALGARY, Alberta, April 19, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has signed onto a voluntary water-sharing memorandum of understanding (“MOU”) with over thirty other water licence holders in the Bow River Basin. Water-sharing MOUs have been initiated by the Government of Alberta, across Southern Alberta, to coordinate water needs in what is expected to be a lower water year. Due to its role managing water stor
As part of a push by the International Olympic Committee to embrace artificial intelligence (AI) in Paris, the Games' broadcaster is stepping up its use of the technology -- but not without concerns about the risk of "deepfakes". Olympic Broadcasting Services (OBS), which produces the live television, radio and digital coverage of the Olympic and Paralympic Games that is then sold to clients, first began using AI at the PyeongChang Winter Games in 2018. "In Paris we will take this to a completely different level," Yiannis Exarchos, OBS chief executive, told Reuters at an event in London on Friday to discuss the role AI will play at the Paris 2024 Games.
Triumph Financial, Inc. (NASDAQ:TFIN) Q1 2024 Earnings Call Transcript April 18, 2024 Triumph Financial, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Luke Wyse: Good morning. It’s 9:30 in Dallas, so let’s get started. We know you likely have numerous […]
Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.
How would you handle early retirement? Instead of having years of investment and growth left, what if you had to start living on your retirement accounts tomorrow? More importantly, what if you had no choice in the matter? A financial advisor can help you prepare for life’s curveballs, including forced retirement. Find a fiduciary advisor […] The post Study Says 40% of Workers Forced Into Early Retirement: Here’s How to Stay Ahead of the Curve appeared first on SmartReads by SmartAsset.
Singer’s cause of death is not yet known
The U.S. population is approaching a landmark sometimes called Peak 65, the point next year when more than 12,000 people will start turning 65 each day, hitting an estimated total of 4 million for the year, according to U.S. Census Bureau figures. By the end of 2030, all Baby Boomers – those born between 1946 and […] The post More Than 12,000 Americans Will Turn 65 Every Day in 2024. Are You Ready for Retirement? appeared first on SmartReads by SmartAsset.
EAST BRUNSWICK, N.J. & BANGALORE, India, April 19, 2024--Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2024.
A retirement income of $2,500 a month will pay for a comfortable and secure lifestyle in many places in the United States. While there are pros and cons to living in any location, here are six cities where $2,500 can stretch to cover the monthly living expenses for many retirees and some information about what […] The post Where Can I Retire on $2,500 a Month? appeared first on SmartReads by SmartAsset.
I lost my job last year and need to take care of a parent. In doing that, I must withdraw money from my retirement. I don't understand the tax implications and penalties. I would also like access to any savings … Continue reading → The post Ask an Advisor: I lost My Job. Can I Tap Retirement Accounts Without Penalties? appeared first on SmartAsset Blog.
The House of Representatives overwhelmingly voted to advance the process of passing a large foreign aid package before a final debate and vote set to take place on Saturday. The foreign aid package passed the procedural hurdle by a margin of 316 to 94. A total of 165 Democrats chose to back the rule put forward by Republican Speaker Mike Johnson – 151 Republicans also voted in support of the rule.
How can I reliably verify that a specific financial advisor is a true and full fiduciary – and that they're not just conning and misleading me? Is there a respectable and independent professional group that independently investigates and reliably certifies … Continue reading → The post Ask an Advisor: ‘I'm Too Trusting and Gullible.' How Do I Find a Financial Advisor Who Truly Acts as a Fiduciary? appeared first on SmartAsset Blog.
Alstom announces the sale of its North American conventional signalling business. An important milestone in the implementation of the group’s deleveraging plan. 19 April 2024 – Alstom, global leader in smart and sustainable mobility, announced today that it has entered into a binding agreement with Knorr-Bremse AG to sell Alstom’s North American conventional signalling business for a purchase price of around €630 million1. This transaction is part of the comprehensive company action plan that Al
Alex Horne is used to seeing points dished out on his hit game show Taskmaster but it’s those racked up by Chesham United which have given him the most pleasure in the last nine months.
Company announcement no. 23 / 2024Schindellegi, Switzerland – 19 April 2024 Shareholders approve all resolutions at the Annual General Meeting 2024 The shareholders of Trifork Group AG (“Trifork“) today approved all resolutions proposed by the Board of Directors at Trifork’s Annual General Meeting 2024 (the “AGM“) which was held at Grabenstrasse 2, 6430 Baar, Switzerland. Dividend paymentThe shareholders approved the Board of Directors’ proposal to pay a gross dividend of EUR 0.10 per share (equ
WESTPORT, Conn., April 19, 2024 (GLOBE NEWSWIRE) -- HMG Strategy, the World’s #1 platform for enabling technology executives to reimagine the enterprise and reshape the business world, is thrilled to announce that it will be recognizing six top-tier business technology leaders for their visionary leadership at its 16th Annual New Jersey C-Level Technology Leadership Summit on May 23 at The Madison Hotel in Morristown, N.J. World-class CIOs and business technology leaders being recognized at the
The party is far from over as she is also set to throw a bash at a private members' club in London
Mounting geopolitical pressures and stocks not reacting as positively to earnings results as Wall Street had hoped, concerns over the strength of the market are beginning to creep in. Big names in tech — including Microsoft (MSFT) and Amazon (AMZN) will report their latest quarterly earnings in the coming weeks — have helped lead the recent rally seen in the market. State Street Global Markets Head of Equity Research Marija Veitmane joins Yahoo Finance to discuss what will test the mettle of markets the most, including geopolitical woes and Big Tech earnings. "Next week we have a big tech week which is hopefully one part of the market that consensus is very constructive for and that is part of the market that maybe is less affected by [interest] rate hikes, companies are larger, balance sheets are stronger. So that is potentially something [that] can kind of put floor under stocks," Veitmane explains. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
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