Eastern US rail carrier Norfolk Southern (NSC) posted a 1.2% YoY (year-over-year) increase in carload traffic. The railroad moved 66,000 railcars excluding intermodal units in the week compared to ~65,300 in the same week of 2017.
NEW YORK, April 26, 2024--Segal Marco Advisors, one of the largest U.S.-based investment consultancies, has received a 2024 Greenwich Quality Leader award for Overall U.S. Investment Consulting in the Large Consultants category by Coalition Greenwich, a leading global provider of data, analytics and insights to the financial services industry. This is the sixth time that Segal Marco has been given this honor, a direct reflection of the company’s dedication to outstanding client satisfaction.
The U.S. Treasury 10-year term premium, a measure of the compensation investors demand for holding long-term government bonds, has moved back into positive territory this week as yields touched fresh highs on inflation concerns. Term premiums, which can hurt assets such as stocks when they rise, have been suppressed for about a decade amid low interest rates that followed the 2007-2009 global financial crisis and the COVID-19 pandemic. They turned positive last year as widening fiscal deficits and higher government bond issuance helped lift long-term Treasury yields, which move inversely to prices.
* Brazil's inflation slows to 0.21% in mid-April vs est 0.29% * Brazil's cenbank chief points to US interest rates as major beacon * S&P Global Ratings cuts Peru's rating * Latin American stocks jump 1.5%, FX adds 0.8% By Bansari Mayur Kamdar April 26 (Reuters) - Currencies and stocks in Latin America rose on Friday, setting both indexes on track for weekly gains, tracking upbeat risk sentiment globally as Wall Street rallied on robust earnings reports. The MSCI index for Latin American currencies gained 0.8% and was on track to end the turbulent week 1.4% higher following steep losses earlier in the month when investors walked away from riskier assets due to uncertainties from heightened tensions in the Middle East.
The temporary change is promoting a brand new Channel 4 series
It's been a tame pullback so far for Amazon stock ahead of earnings, but the same can't be said for Super Micro Computer.
Another hot inflation reading released Friday reinforces that any near-term interest rate cuts are less likely, as the Federal Reserve shifts to a higher-for-longer stance.
A new law provides a pathway to ban the popular app in the US. Here's a look at what it could mean for creators.
In this article, we will take a detailed look at the 11 Best Retail Dividend Stocks to Buy. If you want to skip our detailed analysis of the retail industry and see the top 5 stocks in this list, click 5 Best Retail Dividend Stocks to Buy. Investors are slowly beginning to give up on hopes of seeing […]
“I’ve been struggling with this my whole life,” said Jolanda Fun, whose life ended on April 25
Protests have erupted across more than two dozen campuses, including New York, Texas and California.
The NFL team shared a video on Instagram showing the moment Worthy found out he was a Chiefs player
Wall Street analysts are exhibiting bullish sentiment toward tech giants Alphabet (GOOG, GOOGL) and Microsoft (MSFT) in the wake of their respective first quarter earnings reports. Prominent firms such as Oppenheimer, Barclays, and Jefferies have increased their price targets for Alphabet's stocks. Similarly, analysts at Wells Fargo and JPMorgan have raised their price targets on Microsoft. This surge of positive analyst commentary has propelled both stocks higher in Friday's trading session. Yahoo Finance's Brad Smith and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Always struggle to choose an in-flight meal? This might help.
Former president previously insisted he would ‘absolutely’ speak out in his own defence
ST. LOUIS, April 26, 2024--C₂N Diagnostics, LLC ("C2N"), a specialty diagnostics company with a vision to bring Clarity Through Innovation®, today announced a partnership agreement with Mediford Corporation, a PHC Holdings Corporation (TSE 6523) Group Company and premier provider of clinical research to the biopharma industry throughout Japan. The agreement greatly increases access to C₂N Biopharma Clinical Research Services, which offers highly sensitive mass spectrometry-based identification,
The Nasdaq composite rallied sharply in the stock market today, helped by strong earnings reports from Microsoft and Google-parent Alphabet.
Humza Yousaf was due to speak about the labour strategy in an independent Scotland, but cancelled the plans amid a growing crisis in his leadership
Social media platform Reddit soared more than 120% from its IPO price. Following the IPO, is Reddit stock a buy in today's market?
MALVERN, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited)March 31,2024 December 31,2023 March 31,2023 Income: Net income$2,676 $571 $4,021 Diluted earnings per common share$0.24 $0.05 $0.34 Pre-tax, pre-provision income (1)$6,419 $5,356 $6,526 Pre-tax, pre-provision income - Bank (1)$6,406 $5,757 $8,358 (1) See Non-GAAP reconciliation in the Appendix Commercial loans, excluding
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
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