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She considers herself a dividend income investor, looking for names that provide a healthy payout for her clients. Her portfolio typically generates a 5% dividend yield or better. Honeywell has a 6% five-year annual dividend growth rate, he said. Lastly, CME Group not only has a 2.2% dividend yield, it tends to pay a special dividend once a year that's posted strong growth, he said. CME has five-year annual dividend growth of 15%, and a flawless balance sheet, he said.
Persons: Jenny Harrington, Kevin Simpson, Harrington, Simpson, Stocks, Kinder Morgan, Richard Kinder Organizations: Asset Management, Wealth, Merck, Verizon, SEC, Companies, Honeywell International, CME Group, Honeywell, Boeing, Group Locations: United States
Special Education, Inc.
  + stars: | 2024-04-21 | by ( Meghan Morris | ) www.businessinsider.com   time to read: +34 min
AdvertisementNate Smallwood for BITo some, private equity's business model appears antithetical to special education. (The average public school district in Pennsylvania, where New Story operates the most schools, spends about $23,000 per child across all types of public education. "Private equity has no place in education — especially special education," Sen. Sherrod Brown of Ohio told BI. For instance, two Pennsylvania education directors left in spring 2023, according to records obtained by BI — one after just months in the role. AdvertisementNickie Coomer, a Colorado College education professor who has written about the privatization of special education, told BI that this data gap is a major regulatory hole, one that private-equity companies are happy to exploit.
Persons: Emily, Sarah, Nate Smallwood, Sarah didn't, , Mergermarket, Shanon Taylor, Taylor, Sen, Sherrod Brown, Bob Casey of Pennsylvania, Casey, Paul Volosov, Volosov, Jim Grinnen, Rachel Wisniewski, Christina Spielbauer, Spielbauer, Nathaniel Garnick, Garnick, sully, Craig Richards, He's, Richards, they're, " Richards, Judith McKinney, Grinnen, Donnell McLean, McLean, Natalie Stoup, Blackstone, haven't, Biden, of Education spokespeople, Nickie, , that's, didn't, Hill, Amy Hall Kostoff, Kostoff, Green, she'd Organizations: Business, State College ,, New, BI, Audax Group, Kentucky, Pennsylvania State Employees, Schools, Audax, Rock Academy, University of Nevada, Ohio, Pennsylvania Department of Education, Rock, Reading School District, River Rock Academy, Virginia's Department of Education, Green Tree, Pay, Tree, Autism, Forbes, NBC News, Federal Trade Commission, of Education, Colorado College, Tree School, Pennsylvania's Department of Education, Pennsylvania, In State College Locations: State College , Pennsylvania, Boston, Pennsylvania, Reno, , Ohio, New Story's, Rock, Virginia, , Ohio, New Jersey , Pennsylvania, New Story's New Cumberland , Pennsylvania, CARD's Virginia, Philadelphia, Rochelle Park , New Jersey
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Sometimes the market just wants to come down even if the bonds are better," Jim Cramer said Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, It's, we're, Abbott, We'll, Cramer, bode, Kinder, homebuilder D.R, Horton, Blackstone, Jim Cramer's, Jim Organizations: CNBC, United Airlines, UnitedHealth, Abbott Labs, Abbott Laboratories, Wall, Nvidia, Arm Holdings, Abercrombie, Fitch, Barclays, Broadcom, HSBC, Biotech, CSX, Alcoa, Alaska Air, Jim Cramer's Charitable Locations: what's
Heightened tensions in the Middle East, including the possibility of Iran attacking Israel, sent stocks back down and oil prices higher. If the choice is between a weak economy with lower rates or a strong economy with higher rates, we'll take the strong economy every time. Low rates may help with valuation multiples, but it's a strong economy that leads to earnings growth and that's what we, as long-term investors care about. Shelter costs are a major sticking point for overall inflation, which makes Tuesday's housing starts and building permits report a key watch item. We'll get another look at housing with the release of the March existing home sales report on Thursday.
Persons: we've, we'll, Morgan Stanley, Wells, bode, we're, Goldman Sachs, Charles Schwab, Johnson, ERIC, JB Hunt, Kinder Morgan, DR, Ally, Huntington, Jim Cramer's, Jim Cramer, Jim, Abbott, Ethan Miller Organizations: Dow Jones, Wednesday, Federal Reserve, Abbott Labs, Cardiovascular Systems, Diagnostics, Procter & Gamble, Constellation Brands, Procter, T Bank, Bank of America, Bank of New York Mellon, BK, PNC Financial, PNC, Ericsson, United Airlines, Interactive, ASML Holdings, US Bancorp, Citizens, Alcoa, CSX, Discover Financial, Nokia, Alaska Air, Blackstone BX, McLennan, Netflix, PPG Industries, Gamble, Financial, American Express, Jim Cramer's Charitable, CNBC, Las Vegas Convention, Getty Locations: Iran, Israel, China, Marsh, Las Vegas , Nevada
This is “Modern Love.” Today, I’m talking to the most famous couples therapist in the world, Esther Perel. esther perelOK. “What Sleeping with Married Men Taught Me About Infidelity” by Karin Jones. [MUSIC PLAYING] “I’m not sure it’s possible to justify my liaison with married men, but what I learned from having them warrants discussion. anna martinWhen we come back, I talk to Esther about the harsh criticism this essay got and why Esther thinks Karin Jones deserves more credit. esther perelThe homewrecker is always a woman because the woman is the one who says yes, and therefore, if the woman hadn’t said yes, then he wouldn’t be able to do it.
Persons: anna martin, ” I’m Anna Martin, I’m, Esther Perel, , ” Esther, esther perel, anna martin Oh, Esther, I’d, it’s, you’ve, anna martin You’re, esther perel Yes, It’s, Karin Jones, ” esther perel, you’re, Karin Jones’s “, We’re, anna martin Wow, ” “, anna martin Esther, Karin, anna martin Oof, “ I’m, messaged, , couldn’t, we’ve, they’re, esther perel Ha, I’ve, anna martin Right, hadn’t, wouldn’t, anna martin Huh, there’s, doesn’t, anna martin So, anna martin We’ve, esther perel Hi, Anna Organizations: The New York Times, of Affairs Locations: , Belgium, Flemish, Spanish, London, United States
The move higher for energy stocks comes as West Texas Intermediate crude oil approaches the mid-2022 highs of $88.31 per barrel. Theoretically, one can make bullish bets on oil using an ETF, such as the United States Oil Fund (USO) . However, I would caution against using this as an investment vehicle to make a long-term bullish bet on oil. SPR decline As the chart below illustrates, the country's Strategic Petroleum Reserve declined sharply in the lead-up to the 2022 midterm elections – keeping oil prices in check. The total cost of the spread risks just under 4.4% of the current stock price.
Persons: It's, Brent, Biden, Kinder Morgan Organizations: West Texas, United States Oil Fund, USO, country's Strategic Petroleum Reserve, Halliburton, Schlumberger, Valero, Marathon Petroleum, Marathon, MPC Locations: Marathon
He was able to scale the business to more than $600,000 in revenue by 2018, when he graduated from high school. Before the internet, starting a business was a serious hassle. The problem wasn't that people weren't interested in starting a business: A 2016 EY study found that 62% of 18- to 34-year-olds had toyed with venturing into business ownership. That has made starting a business all the more appealing — and affordable — for prospective entrepreneurs. And with the plethora of digital tools we have today, starting a business is more accessible than ever.
Persons: Luke Lintz, Lintz, Bernhard Schroeder, Schroeder, Gen Zers, , Martin Warner, Warner, GoDaddy, HighKey, Nicki Minaj, Kevin Hart, Khloé Kardashian, Tom Peters, Peters, " Schroeder, ZenBusiness, Gen, Zers, he'd Organizations: Apple, Shipping, Lavin Entrepreneurship, San Diego State University, Entrepreneurship, Dynamics Statistics, Business, Fast Company, Small Business Administration Locations: North America, China
A career in lawI signed up for the Law School Admissions Test and started looking at colleges with evening programs. I didn't tell anyone except my wife in case it didn't work out. I started law school when I was 39. I was also calmer than my younger peers when things didn't work my way — I knew it wasn't the end of the world. Sacrifices along the wayJuggling law school, my full-time job, and my family was challenging.
Persons: Edwin Schwartz, Schwartz, , I've Organizations: Service, University of Southern, Lexus, BMW, Law, California Western School of Law Locations: Orange County , California, University of Southern California, California
9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.
Persons: carlos lozada, polgreen Wow, ross douthat, lydia polgreen, Kiefer Sutherland, carlos lozada Totally, michelle cottle Perfect, lydia polgreen You’re, Kiefer, I’m Ross Douthat, michelle cottle I’m Michelle Cottle, carlos lozada I’m Carlos Lozada, Lydia Polgreen, michelle cottle Chin, Biden, lydia polgreen It’s, , can’t, Donald Trump, Grover Cleveland, michelle cottle, Jesus, Donald Trump’s, Carlos Lozada, it’s, Carlos, ross, carlos lozada You, , Trump, Nikki Haley, carlos lozada Yes, He’s, United States — carlos lozada, carlos lozada Harold Meyerson, , Harold — carlos lozada —, michelle cottle —, — Trump, Trumpism, lydia polgreen Trump, carlos lozada —, part’s, michelle cottle You’re, Lydia, let’s, Michelle, — ross douthat Michelle, michelle cottle Oh, Hillary Clinton, — ross, lydia polgreen Get, michelle cottle Mexico’s, Mike Shear, Julie Davis’s, ” ross douthat, carlos lozada Michelle, michelle cottle I’m, George Floyd, I’m — ross, polgreen, I’m, — michelle cottle, he’s, lydia polgreen I’m, Dobbs, ross douthat Carlos, we’ve, unquote, carlos lozada Well, carlos lozada He’s, — carlos lozada Boo, Matt Iglesias, That’ll, that’ll, Peter Navarro, doesn’t, there’ll, lydia polgreen There’ll, carlos lozada Ross, there’s, ” michelle cottle, lydia polgreen Couldn’t, John Roberts, Peter Baker, Susan Glasser’s, Maggie Haberman’s, — michelle cottle Beat, ross douthat —, It’s, Asli Aydintasbas, she’s, Ross, Viktor Orbán, Joe Biden, ideologues, ross douthat Lydia, — carlos lozada, ross douthat Go, nope — ross, Miley Cyrus, it’s Truman, I’ve, lydia polgreen There’s, Bilbo, Martin Freeman, michelle cottle Big, michelle cottle Carlos, We’ve, carlos lozada You’re, We’ll, lydia polgreen Bye Organizations: New York, Republican, New York Times, Siena College, Trump, Heritage Foundation, Leadership, GOP, Republicans, HHS, Department of Health, Human Services, Department of Life, CDC, Department of Justice, Justice Department, National Guard, of Homeland Security, Democrats, Politico, America, United States Constitution, Swans, East, Brooklyn, Northwest Missouri State University, carlos lozada Business Locations: New, America, Douthat, , Washington, United States, lydia polgreen Get Mexico, Francisco, China, Turkish, Turkey, Manhattan, Brooklyn
Lives Ended in Gaza
  + stars: | 2024-03-02 | by ( Ben Hubbard | Lauren Leatherby | Hiba Yazbek | ) www.nytimes.com   time to read: +15 min
Lives Ended in Gaza Since the war started, more than 30,000 people have been killed during Israel’s bombardment and invasion. Hamas ruled Gaza and ran a covert military organization, the identity of its fighters unclear, even to other Gazans. She worked with people who had been wounded and displaced by Israeli attacks on Gaza as well as with first responders. She moved to Egypt after the 2014 Gaza war but returned a few months before the current war. He performed complicated operations on Gaza’s war wounded while running Abu Yousef Al-Najjar Hospital in Rafah until his retirement.
Persons: Israel, Marah, Farah, Farah Alkhatib, Kinder, Selena al, Lubna Elian, Yousef Abu Moussa, Abdulhadi, Maram, Youmna Shaqalih, Abdulrahman Abuamara, Ghadeer Mohammed Mansour, Salah, Khaled Jadallah, Doaa Jadallah, Mahmoud Alnaouq, Jannat Iyad Abu Zbeada, Rami Abu Reyaleh, Alhelou, , , , Faida AlKrunz, Saud AlKrunz, tinker, Ahmed Abu Shaeera, Al Aqsa, Youssef Salama, Hedaya Hamad, Salah Abo Harbed, Jeries Sayegh, Inas, “ Sara ”, ” Sayel, Ai Wei Wei’s, Heba Zagout, Ali, Amneh, Belal Abu Samaan, Israel ”, Abu Yousef Al, Abdallah Shehada, Tarazi, Heba Jourany, Osama Al, Haddad, Riyad Alkhatib, ” Mahmoud Elian Organizations: UNICEF, Oxygen, Al, Awda, F.C, Barcelona, Facebook, Islamic, Palestinian Authority, Palestine Red Crescent Society, Free Gaza Circus, Christian, Officially, American International School, Palestine Athletics Federation, Najjar, United Nations, West Bank Locations: Gaza, Israel, Spain, Norway, Italian, Australia, Egypt, Turkey, Bolivia, Argentina, Panama, Mexico, Qatar, Al Aqsa, Jerusalem, “ Palestine, Palestine, Saudi Arabia, Palestinian, Old City, Mazaj, Gaza City, Manhattan, Chicago, Mecca, Rafah, Libya, Uganda, Ireland
Her family had lived as expats in six countries and raised their teenage daughter in Spain. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A perfect city for the lonely and sadMargarita Gokun Silver celebrated her birthday with her daughter in Madrid. Madrid as my new homeWhen my husband died, Madrid was the first place I thought of as a potential new home. Sure, I could have stayed around Boston, where my husband's family lived, or gone to Florida to join my parents.
Persons: Margarita Gokun Silver, Madrid, , we'd, wasn't, togetherness, It's, I'm Organizations: Service Locations: Spain, Massachusetts, Greece, Florida, Madrid, Boston
Opinion | The Best Case for Ukraine Aid
  + stars: | 2024-02-17 | by ( Ross Douthat | ) www.nytimes.com   time to read: +2 min
The first year of the war in Ukraine seemed to vindicate Russia hawks. The second year of war has been kinder to realists and doves. Russia, as in many wars before, seems stronger in a grinding conflict than it did in the initial thrusts. Meanwhile, the Ukrainian counteroffensive of spring and summer failed: A year ago there was still hope that a Russian retreat would turn into a rout, but since then stalemate has ruled the front. The changed situation has created a division in the hawkish argument, visible as the U.S. Congress wrangles over further aid to Ukraine.
Persons: Vladimir Putin, Putin, Russia’s, Aleksei Navalny, Thom Tillis, he’ll, Mike Turner Organizations: U.S . Congress, Republican, Ukraine, NATO, Capitol, Russian Locations: Ukraine, Russia, Moscow, Ukrainian, North Carolina, American, Ohio
Galentine’s Day: How to love yourself
  + stars: | 2024-02-13 | by ( Allison Hope | ) edition.cnn.com   time to read: +4 min
This is the perfect year to ditch Valentine’s Day and lean into a less pressure-filled holiday. Born from the ancient, mystic sitcom “Parks and Recreation,” the “Galentine’s Day” episode first aired on February 11, 2010. She rebels against the traditional slog of Valentine’s Day and invents a day to rejoice with her girlfriends and celebrate herself. Galentine’s Day, which falls on the day before Valentine’s Day, is for you. “Just as you may give another person a Valentine’s day gift, write a heartfelt card, or spend quality time together, take these practices inward,” she said via email.
Persons: CNN —, , Amy Poehler’s, Leslie, , aren’t, it’s, , Rachel DeAlto, Lauren Cook, Damon L, Jacobs, ” Jacobs, there’s, Allison Hope Organizations: CNN, Recreation, New Yorker Locations: New York, Los Angeles
Technology-adjacent stocks outperformed in January, while cyclical sectors such as property and automobiles lagged behind, wrote Desh Peramunetilleke, Jefferies' global head of quantitative strategy. Another stock Peramunetilleke highlighted was automotive manufacturing firm General Motors , down 7% in the last year. The majority of analysts covering the name rate it as a buy, with consensus price targets estimating a nearly 28% upside for the stock. Analysts are overwhelmingly bullish on the name, with the average price target indicating a 17% upside for the stock. Other names belonging to Jefferies' basket of stocks with potential upside include Kinder Morgan , Starbucks , eBay and United Airlines .
Persons: Jefferies, Peramunetilleke, Hershey, AllianceBernstein, Alexia Howard, Morgan Stanley, Adam Jonas, Oppenheimer, Kinder, — CNBC's Michael Bloom Organizations: Technology, Hershey, Motors, General Motors, Citi, Kinder Morgan, Starbucks, eBay, United Airlines Locations: USA, U.S
CNN —A probe that spared President Joe Biden from criminal charges paradoxically dealt him a threatening political blow. The president’s defenders often get frustrated when the political conversation is dominated by Biden’s age – rather than Trump’s repeated challenges to the rule of law. In another CNN poll last week, 46% of Democrats were concerned about Biden’s age. Hur’s report rebuked Biden for willfully retaining classified information, including top secret documents after he left the vice presidency. North Carolina Republican Sen. Thom Tillis was kinder but his comments over Biden’s age were also cutting.
Persons: Joe Biden, Robert Hur’s, Biden, ” Biden fumed, Donald Trump’s, CNN’s MJ Lee, , , Hur, Beau’s, ” Biden, he’s, Trump, Kamala Harris, , Nikki Haley, Nancy Pelosi —, he’d, Trump’s, Hur’s, ” Hur, Beau, Florida Sen, Marco Rubio, North Carolina Republican Sen, Thom Tillis, I’m, ” Tillis, “ I’m, , I’ve, Arizona Sen, Mark Kelly Organizations: CNN, White, Trump, Republican, Biden, Republicans, GOP, Twitter, North Carolina Republican Locations: Egypt, Mexico, America, Washington, Ukraine, Gaza, Lago, Afghanistan, Maryland, Florida, Arizona
CNN —King Charles is both one of the luckiest men on earth and one of the most tragic. I find the royal family to be an anachronism. Charles’ diagnosis, on a basic human level, should merit all of our sympathy — which, after all, is an unlimited resource. (Of course, the couple’s relationship with the royal family was strained further by publicly airing this dirty laundry.) By many accounts, the royal family has been profoundly dysfunctional for generations.
Persons: Jill Filipovic, CNN — King Charles, King, England, Princess Diana, Camilla, Elizabeth II, didn’t, Queen Elizabeth, Charles, It’s, Charles ’, Prince Harry, Meghan Markle, Meghan, Harry, Oprah, , , ” Harry, William, Harry’s Organizations: Twitter, CNN, of England, British Locations: New York, London
CNN —Molly Manning Walker learned she was a two-time BAFTA nominee at the unholy hour of 5 AM. That’s not to say Manning Walker is a world apart from the young subjects of her film. The film, Manning Walker’s first feature, was a hit at last year’s Cannes Film Festival, where it won top prize in the Un Certain Regard competition. Courtesy MUBICNN: For better or for worse, there’s a lot about “How To Have Sex” that’s distinctly British. Director Molly Manning Walker and actress Mia McKenna-Bruce pose during the 76th Cannes Film Festival, May 19, 2023.
Persons: Molly Manning Walker, reveller, Manning, Manning Walker, , Malia, who’ve, Tara, Mia McKenna, Bruce, Manning Walker’s, You’ve, you’ve, It’s, I’d, haven’t, Lara Peake, Enva Lewis, they’re, Thomas Vinterberg, VALERY HACHE, that’s, , ’ ” Organizations: CNN, Sundance Film, Cannes, Cannes Film, Getty Locations: British, Park City , Utah, Magaluf, Majorca, Spain, Greece, Australia, , America, Malia , Greece, AFP
Some Apple fans were unimpressed by the Vision Pro's "EyeSight" feature when reviews came out this week. It displays the users' virtual eyes on the outer screen of the Vision Pro. AdvertisementApple fans got a proper look at one of the Vision Pro 's more bizarre features — and not all of them are impressed. The most surprising takeaway from all the Vision Pro reviews/videos is how universally awful the EyeSight display is. The Vision Pro goes on sale on February 2, with Apple reportedly having already sold around 200,000 headsets in preorder.
Persons: , Apple Organizations: Apple, Vision, Service, Pro, Tech, Business Locations: Beta
Certain stocks are poised to perform better under Republican or Democratic leadership this coming November, according to Strategas. On Wednesday night, former president Donald Trump clinched the victory in the New Hampshire primary over former South Carolina Gov. The win now means it's "highly likely" Trump will secure the Republication presidential nomination, according to Strategas analyst Daniel Clifton. US-China trade tensions are likely to continue regardless, but we see greater escalation under Trump," Clifton said. Other names that could outperform under Democratic leadership include renewable energy company NextEra Energy , automation provider Rockwell Automation and beverage company Constellation Brands .
Persons: there's, Donald Trump, Nikki Haley, Daniel Clifton ., Clifton, Trump, Biden, Kinder Morgan, Tesla, Joe, Morgan Stanley, Erik Woodring, — CNBC's Michael Bloom Organizations: Republican, Democratic, South Carolina Gov, Trump, L3Harris Technologies, JPMorgan, Democrat, Verizon Communications, GOP Congress, California's, Tesla, Biden, Apple, NextEra Energy, Rockwell Automation, Constellation Brands Locations: New Hampshire, L3Harris, Tuesday's, China, Clifton, U.S, LSEG
My wife Christine and I started our business, Kinder Australia Pty Ltd (a supplier of mechanical conveyor parts), in 1985. AdvertisementI started DJing early in the pandemicWhen we all went into lockdown in 2020, I thought, "What's everyone going to do? When things opened up, we went to see a fair bit of live music. Then, I started to connect socially with some of the people who were doing live podcasts during the early pandemic. It went really well.
Persons: , Neil Kinder, Christine, Neil, Christine Kinder, Nightingale Bros, Beauy, Australia — Brown Brothers —, Sam Miranda, Christine Kinder It's, I've, Goodness Organizations: Service, Business, DJ, Kinder Australia, Facebook, Spotify Locations: Melbourne, Beaumaris, Australia
As a food blogger, I love to make various Costco appetizers, sides, and entrées in the air fryer. I've found a myriad of ways to prepare easy and delicious Costco appetizers, sides, and entrées in the air fryer. But with the air fryer, they can be ready in less than 10 minutes with no additional bowls, pots, or pans to clean. I like to use the Giovanni Rana 3 Cheese Ravioli to make a similar version in the air fryer. Heat the spring rolls in the air fryer at 390 degrees Fahrenheit for 10 minutes and flip halfway through.
Persons: fryer, , I've, O, Kirkland, Giovanni Rana ravioli, Keith Homan, Shutterstock, Giovanni Rana, Olivia Yi Sukhi's, Olivia Yi Organizations: Costco, Products, Service, Costco —, Royal Locations: California, Asia, Royal Asia
Over the years, what started as kicking the ball around in our backyard slowly evolved into track workouts and trail runs. Courtesy of the authorHe starts the morning with movementWhile I wake up and go straight for the coffee pot, my dad does not. Dad enjoys everything in moderationDad doesn't restrict the simple joys in life, but he also doesn't overdo it. He always eats enough to build muscle and stay satisfied, and Dad enjoys most cuisines, stating Italian and Mexican are favorites. Dad feels the same way but also incorporates this tip into life off the track.
Persons: , We're, I've, Dad didn't, Nicole Findlay, Dad Organizations: Service, Business, Scottish Locations: Mexican
Taiwan Semiconductor Manufacturing — U.S.-listed shares of the semiconductor company popped 9.79% on the back of a fourth-quarter profit and revenue beat . Fastenal earned 46 cents per share on revenue of $1.76 billion, while analysts polled by StreetAccount forecast 45 cents per share on $1.75 billion in revenue. Adjusted earnings per share were 32 cents, versus the 27 cents expected from analysts polled by StreetAccount. KeyCorp — The Cleveland-based bank dropped 4.62% after reporting fourth-quarter adjusted earnings per share of 3 cents, down from 38 cents a year prior. Kinder Morgan — Kinder Morgan shares slid 1.42% after the natural gas pipeline operator reported fourth-quarter revenue of $4.04 billion, missing the LSEG consensus estimate of $4.41 billion.
Persons: Sekisui, Hertz, Morgan Stanley, Fastenal, Birkenstock, KeyCorp —, Kinder Morgan — Kinder Morgan, CNBC's Lisa Han, Samantha Subin, Alex Harring, Yun Li, Pia Singh, Sarah Min Organizations: Apple —, Nasdaq, Bank of America, Apple, CVS Health, MDC Holdings, MDC, Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, Nvidia, Qualcomm, Devices, Spirit Airlines, JetBlue, Citi, StreetAccount, Horizon, Discover Financial, Wolfe Research, JPMorgan Locations: KeyCorp — The Cleveland, Singapore
Discover Financial Services — The financial services stock dropped more than 7% after posting mixed fourth-quarter results. Hertz — The automotive rental company's stock climbed about 6% following an upgrade to overweight from Morgan Stanley earlier on Thursday. Kinder Morgan — Shares of the energy infrastructure company fell less than 1% after Kinder Morgan's fourth-quarter revenue came in lower than expected. Fastenal — The industrial supplies company added 4% after posting fourth-quarter earnings that exceeded analyst expectations. Humana — The health insurance company lost more than 14% on Thursday after guiding for full-year 2023 adjusted earnings of $26.09 per share.
Persons: Hertz, Morgan Stanley, Adam Jonas, Hertz's, BofA, Ranjan Sharma, Kinder Morgan —, Kinder Morgan's, Kinder, Fastenal, Chris Caso, — CNBC's Brian Evans, Michelle Fox, Fred Imbert, Jesse Pound, Pia Singh, Samantha Subin Organizations: Discover Financial, Apple, Bank of America, Spirit Airlines, JetBlue, Citi, Spirit, Alaska Air Group —, Boeing, Alaska Airlines, Federal Aviation Administration, JPMorgan, Wolfe Research, Humana, Alcoa, Revenue Locations: Singapore
It was a great year for the stock market and for the vast majority of investors in workplace retirement accounts. Even after the 2023 gains, most stock investors are only barely above water since the start of 2022. Even so, the paltry stock market increases haven’t kept up with inflation. It was arguably even worse than 2008, when the stock market collapsed during the great financial crisis. In 2022, bonds declined sharply in value as interest rates rose, while during the financial crisis, investment-grade bonds rallied as interest rates declined.
Persons: let’s, haven’t Organizations: Federal Reserve Locations: U.S
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