Company News for Apr 30, 2024

GOBankingRates
Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Bloomberg
Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovySpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US Stocks
Bloomberg
Gold Trims Gains as Traders Book Profit After Fresh Record
(Bloomberg) -- Gold trimmed gains as traders booked profits after prices surged to a record on increasing optimism over the Federal Reserve’s monetary policy and rising geopolitical tensions in the Middle East.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bea
Bloomberg
China’s Capital Outflow Surges to Highest Since 2016 in April
(Bloomberg) -- China’s capital outflows worsened in April, underscoring headwinds for the yuan amid a weak domestic economy and uncertainties over the Federal Reserve’s rate trajectory.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street Turns Bullish on US StocksSaudi Crown Prince Postpones Japan Trip Over King’s HealthHims Debuts $199 Weight-Loss Shots at 85% D
GOBankingRates
7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account
If you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...
Yahoo Finance
Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow
Investors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
Australian Associated Press
Consumer spending the wildcard in rate hike uncertainty
The spending appetite of consumers remains a key source of uncertainty for the Reserve Bank as the battle against inflation rages.
Simply Wall St.
Incitec Pivot's (ASX:IPL) Shareholders Will Receive A Smaller Dividend Than Last Year
Incitec Pivot Limited ( ASX:IPL ) has announced that on 4th of July, it will be paying a dividend ofA$0.043, which a...
Investing.com
Palo Alto Networks stock drops 9% as billings outlook disappoints
Shares of Palo Alto Networks (NASDAQ:PANW) tumbled 9% as the company's soft billings outlook overshadowed its fiscal third-quarter earnings beat.
Investing.com
RBA considered a rate hike during May meeting, minutes show
Investing.com-- The Reserve Bank of Australia considered increasing interest rates during its May meeting, the minutes of the bank’s meeting showed on Tuesday, as it grappled with a sticky outlook for inflation.
Fortune
Wall Street’s biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns
Morgan Stanley’s Mike Wilson previously called the $8 trillion market drop in 2022, due to a combination of “fire and ice.”
Investing.com
Bank of America explains why it’s not just about Nvidia anymore
It's not just about NVDA anymore, according to analysts at Bank of America on Monday, with the firm stating that fundamentals are broadening out.
Yahoo Finance Video
Nvidia: Why investors shouldn't worry if earnings are weak
As Nvidia (NVDA) is set to report earnings on Wednesday after the closing bell, veteran market strategist and founder of RandyFrederickMedia.com Randy Frederick joins Morning Brief to break down how the chip company's results could impact the market. "AI is going to change things as much as the Internet did when it came about 30, 40 years ago," Frederick says, highlighting the importance of Nvidia's chips in the field. He explains that Nvidia is in a strong position, and if the company misses expectations, "a weak quarter is not going to make AI go away, and it's not the end of the world." He adds that the company still has a lot of upside, and a potential dip in the stock could be a buying opportunity. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
GOBankingRates
8 Ways Middle-Class People Become Poor in Retirement
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...
Reuters
Morning Bid: Metals zoom as investors wait on rates
Copper and gold made record highs in Asia trade on Monday and silver surged over $30. Gold's 18% rally over the year to date has been attributed, variously, to Chinese buying, global political tension and expectations that U.S. rates will start to fall soon, seen as a boon for a metal that does not pay a yield at all.
Reuters
Dollar edges higher as investors await Fed guidance
NEW YORK (Reuters) -The dollar edged up against the euro on Monday as investors awaited further clues on the path of U.S. interest rates in the wake of cautious comments from Federal Reserve officials, even as inflation showed signs of cooling. Federal Reserve officials are not ready to say inflation is heading to the U.S. central bank's 2% target after data last week showed a welcome easing in consumer price pressures in April, with several on Monday calling for continued policy caution. Atlanta Fed President Raphael Bostic said on Monday it will take a while for the Federal Reserve to be confident that inflation is on track back to its goal.
Yahoo Finance AU
Big banks slammed for ‘abandoning’ mortgage customers
More mortgage holders are experiencing hardship as interest rates rise and cost-of-living pressures bite. And banks aren't doing enough to help them.
GOBankingRates
4 Expenses Experts Say You Can Easily Cut in Half
If your budget is stretched to its limits, you can get some relief by reducing expenses. But where should you start? Mike Sullivan, personal financial consultant and spokesperson for Take Charge...
Bloomberg
China’s Housing Rescue Too Small to End Crisis, Analysts Say
(Bloomberg) -- China’s latest housing initiative is aimed at vacant properties, a major pain point in a crisis that’s dragged on for almost three years. But analysts say the package of measures is still too small to end the rout.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthEbrahim Raisi, Iranian President Confronting West, Dies at 63One o

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Company News for Apr 30, 2024

Latest stories

Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year

Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

Gold Trims Gains as Traders Book Profit After Fresh Record

China’s Capital Outflow Surges to Highest Since 2016 in April

7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account

Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow

Under Armour is collapsing — And Kevin Plank has to take the blame

Consumer spending the wildcard in rate hike uncertainty

Incitec Pivot's (ASX:IPL) Shareholders Will Receive A Smaller Dividend Than Last Year

Palo Alto Networks stock drops 9% as billings outlook disappoints

RBA considered a rate hike during May meeting, minutes show

Wall Street’s biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns

Bank of America explains why it’s not just about Nvidia anymore

Nvidia: Why investors shouldn't worry if earnings are weak

8 Ways Middle-Class People Become Poor in Retirement

Morning Bid: Metals zoom as investors wait on rates

Dollar edges higher as investors await Fed guidance

Big banks slammed for ‘abandoning’ mortgage customers

4 Expenses Experts Say You Can Easily Cut in Half

China’s Housing Rescue Too Small to End Crisis, Analysts Say