Compared to Estimates, Axalta Coating Systems (AXTA) Q2 Earnings: A Look at Key Metrics

BBC
Being left behind was hard, say stranded astronauts
Suni Williams and Butch Wilmore say they watched as the malfunctioning Starliner craft departed without them.
Yahoo Finance Video
What do rate cuts, the election mean for solar energy stocks?
Mizuho Americas director of clean energy equity research Maheep Manley joins Julie Hyman and Josh Lipton on Market Domination to discuss what next week's expected interest rate cut and the upcoming presidential election mean for the solar energy sector. “There's a nice transition from interest rates to solar,” Manley says explaining that “we've seen this industry react to any positive news on interest rates” and “we'll continue to see that going forward.” The analyst tells Yahoo Finance that most companies in the solar industry have a high debt-to-capital ratio, so there’s “a lot of upside there” if the Federal Reserve does in fact opt to cut rates. Solar companies “generally tend to do better in a lower interest rate environment,” he adds. Solar stocks came into focus after the presidential debate on Tuesday. A victory for Vice President Kamala Harris in November could “keep the status quo of the Inflation Reduction Act,” which includes tax incentives for clean energy. The analyst highlights that First Solar is “the biggest beneficiary” of current tax incentives as “more than 60% of their EPS in our estimates for 2025 would come from these incentives from the Inflation Reduction Act (IRA). Manley adds, “I don't think it'll be very bad news if Republicans or Trump come on in,” with “at worst” a 20% or 25% impact on solar stocks. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
GlobeNewswire
VALUE LINE, INC. ANNOUNCES FIRST QUARTER EARNINGS
Value Line, Inc. 551 Fifth Avenue New York, NY 10176 New York, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) reported financial results for the first fiscal quarter ended July 31, 2024. During the three months ended July 31, 2024, the Company’s net income of $5,887,000, or $0.62 per share, was 21.2% above net income of $4,859,000, or $0.52 per share, for the three months ended July 31, 2023. The Company’s revenues of $4,241,000 from its non-voting revenues interest in EAM a
BBC
Billionaire investor warns of threat to democracy
Ray Dalio says he thinks the probability of civil war in the US is "low but cannot be dismissed".
Investor's Business Daily
Stock Market Heads Into Pivotal Week: Rate Cuts, Salesforce AI, Lennar Earnings
A pivotal week will revolve around the Fed's expected rate cut, but Salesforce, FedEx and Lennar will also make news.
Associated Press
Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly
Lawyers for Sam Bankman-Fried claim in an appeal filed Friday that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty of stealing billions of dollars from his customers and investors before he was even arrested. The lawyers filed papers with the 2nd U.S. Circuit Court of Appeals asking a three-judge panel to reverse his conviction and assign the case to a new judge for a retrial, saying the trial judge “imposed a draconian quarter-century sentence on this first-time, non-violent offender” after they contend he hurried the jury into reaching a one-day verdict to cap off a complex four-week trial.
Reuters
Size, speed of rate moves in focus as Fed poised to start cuts
The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting and the pace at which it will reduce borrowing costs in coming months. The S&P 500 index is just 1% shy of its July record high despite weeks of market swings sparked by worries over the economy and seesawing bets on the size of the cut at the Fed's Sept. 17-18 meeting. After fluctuating sharply throughout the week, Fed funds futures on Friday showed traders pricing an almost equal chance of a 25 basis point cut and a 50 basis point reduction, according to CME Fedwatch.
BBC
Laura Loomer: Who is conspiracy theorist travelling with Trump?
She joined Trump at an event on Wednesday, and travelled to the presidential debate the day before on his plane.
Evening Standard
Biden and Starmer meet for White House talks amid Putin threat over Ukraine using West's missiles inside Russia
UK and US weigh up Zelensky request to relax restrictions on the use of long-range Western weaponry against Russian targets
The Independent
UK politics live: Starmer vows to support Ukraine’s ‘fight for freedom’ in meeting with Biden in Washington
The UK and US are believed to be on the cusp of allowing Kyiv to use long-range missiles inside Russia
GlobeNewswire
Northwest residents are concerned about wildfire but one in four people admit they don’t prepare
SEATTLE, Sept. 13, 2024 (GLOBE NEWSWIRE) -- With wildfire season now starting earlier and lasting longer, a majority of Northwest residents say they’re concerned about wildfire’s impacts on the environment and their personal safety — but that concern doesn’t necessarily translate to advance preparation, according to a new poll from PEMCO Mutual Insurance. PEMCO’s poll of Washington and Oregon residents found that 82% of respondents share some level of concern about the potential for wildfire to
Evening Standard
Canelo vs Berlanga: Date, fight time, undercard, latest odds, prediction and ring walks
Another huge weekend of boxing in Las Vegas
GOBankingRates
It Costs More Than $20k a Year To Raise a Child — 7 Ways To Cut Your Expenses
The financial side of having a family has never been cheap -- and like everything else, it's getting more expensive. The ongoing costs of raising a child are hard to fathom and necessities like food,...
Yahoo Finance Video
Fed rate decision, TikTok ban, FedEx earnings: What to Watch
Federal Reserve officials will be convening in Washington next week for their September policy meeting where the central bank is expected to issue its first interest rate cut. A US appeals court will hear challenges to the Biden administration's law that could ban the popular app TikTok unless its parent company ByteDance sells it to a non-Chinese entity on Monday, September 16. While August's retail sales are due out Tuesday, September 17, companies such as FedEx (FDX), Lennar (LEN), and General Mills (GIS) are expected to report earnings throughout the week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
GOBankingRates
How Much Should the Average Middle-Class Family Have in Savings? Experts Weigh In
Have you ever wondered whether you're saving enough? Between monthly expenses and paying off debt, it can be hard to know what the ideal number in the bank should be, when it comes to building up a...
HuffPost
Lynda Carter, Original Wonder Woman, Tells Arizonans Not To Vote For Her Sister
“I have known Pam my entire life, which is why I sadly cannot endorse her for this or any public office," the actor said.
People
Rihanna Brings Big Bag Energy in Massive $7,200 Saint Laurent Shearling Bag
The singer's oversize purse is the most extra fall accessory
Reuters Videos
Bigger rate cut would add 'vigor' to stocks, analyst says
STORY: :: Lisa Bernhard, Reuters:: Eric Lynch, Managing Director, Scharf InvestmentsTraders' bets on a 50-basis point rate cut jumped to roughly 50% on Friday, CME's FedWatch Tool showed.Prior to this, most bets were on the Fed sticking to a smaller 25-basis point cut, especially after this week's news of slightly higher core consumer and producer prices in August."It's reflective of what we've seen since the third quarter started," said Lynch, "which is a lot of consternation from investors about where the economy is going, where inflation is going to land and what the Fed can do in terms of rate cutting. And so stocks, the VIX and now the CME FedWatch Tool is jumping all over the place."Speaking with Reuters' Lisa Bernhard, Lynch also discussed how stock gains don't necessarily correlate with presidential policy.While former President Trump has invoked the "drill, baby, drill" mantra regarding U.S. oil production, Lynch noted that the energy sector was actually "the single worst [performing] sector during his presidential term."And for Biden, who's 2020 campaign platform opposed new fracking on federal land, energy "has been his best [performing] sector."
Yahoo Sports
Christian McCaffrey ruled out for Week 2 with calf/Achilles injury, Niners considering IR stint
Christian McCaffrey will be out for the San Francisco 49ers' Week 2 game, and potentially longer.
People
Charlize Theron Opens Up About 'Badass' Mom Who Searches for Daughter in New Her Netflix Doc“ Into the Fire” (Exclusive)
The actress talks to PEOPLE about 'Into the Fire: The Lost Daughter,' the documentary she produced about a mom's quest for the truth about the daughter she placed for adoption

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