This tiny North Carolina mining town is crucial to the semiconductor industry. Helene just wrecked it.
A tiny mining town in western North Carolina was among those battered by Hurricane Helene - and the damage could have serious implications for the massive tech-industry supply chain that relies on it.
Stock buyback programs surge in popularity in 2024, despite 1% tax
Companies have been feverishly announcing plans to buy back their own stock this year, despite the S&P 500's 20% surge to record highs and the 1% tax in place on share repurchases. Announced buyback ...
Communication Services: Cable’s Broadband Dominance Isn’t as Strong as It Once Was
Hodel holds a bachelor’s degree in finance, with highest honors, from the University of Illinois at Urbana-Champaign. He also ...
Maintaining Our $314 Fair Value for LPL Financial After Departure of CEO Dan Arnold
We are maintaining our recently increased fair value estimate of $314 for LPL Financial after the departure of CEO Dan Arnold. Our fair value estimate correlates to a price/forward adjusted earnings ...
Florida's Pasco County Offering $197 Million of Sales Tax Revenue Bonds
The Pasco County school district will sell $197 million of bonds to finance capital improvements to various school properties. The Series 2024 Sales Tax Revenue Bonds will be backed by the proceeds ...
Nike tries to rip off the band-aid for investors. Its stock price is feeling the sting
The efforts to manage investors' expectations came as Nike (NKE) prepares to bring aboard Elliott Hill - a roughly three-decade veteran of the company who retired in 2020 - as its CEO on Oct. 14. John ...
Meta has a key asset in the AI race - and that spurs a new bullish stock call
He titled his note to clients, "In Zuck We Trust," as he launched coverage of Meta shares (META) with a buy rating and $780 target price. Wlodarczak also took a bullish view of Alphabet shares (GOOGL) ...
'This money is not bringing me a lot of happiness': My husband and I have $7 million, but our kids are trouble. Should we cut them off?
The attorneys said that we don't just have money, we have generational wealth, but I feel burdened by it. This money is not bringing me a lot of happiness. At times, I have to twist my husband's arm ...
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'I'm horrified and heartbroken': I gave my family cash gifts for summer. One person bought AR-15 rifles and handguns. What should I do?
Every summer, I give money to my closest family members who have kids to help pay for their summer activities. My annual gift-giving has traditionally worked well by meeting with members of my family ...
Jimmy Carter's 100th birthday is a stark reminder that most Americans can't afford to live that long
Jimmy Carter has accomplished many incredible things during his life and during his presidency: winning the Nobel Peace Prize, brokering the Camp David Accords, promoting human rights around the world ...
South Korea's Inflation Eases, Clearing Path for Rate Cut
South Korea's headline inflation eased at a sharper-than-expected pace to a 43-month low in September, bolstering the case for a rate cut by the central bank. The benchmark consumer-price index rose 1 ...
Alphabet's stock has been a laggard lately. Here's one case for a rebound.
Alphabet's stock is down nearly 9% over the past three months, a decline that comes in the wake of renewed concern over the company's regulatory position. The Justice Department has deemed the company ...