Author: Press Room
I highlighted Booz Allen Hamilton Holding Corporation’s (NYSE:BAH) strength in the cyber, 5G and AI in defense and civil markets in my previous coverage published in May 2024. The company released its Q1 result on July 26th before the market opened, reporting 10.6% organic revenue growth and a 1.7% operating profit decline. While the company is facing near-term margin pressure, I favor the company’s continued efforts to invest internally to capture the rising demand in defense and civil markets. I reiterate a “Strong Buy” rating with a fair value of $180 per share. Strong Top-line Growth with Weak Margins The…
The Paris Olympics kicked off with an extravagant opening ceremony on Friday night when an armada of boats carried 10,500 athletes along the Seine — the first outdoor version of the spectacle that was expected to be watched by a billion people.However, a shadow was cast over the event by an act of criminal sabotage that hit France’s high-speed rail network in the early hours of the morning that caused nationwide transport chaos. Heavy rain began to fall about 30 minutes into the three-hour show, a nightmare scenario for the planners of the theatrical performance that featured a massive cast…
Ex-FBI agent Peter Strzok reached a settlement with the Justice Department that includes a $1.2 million payout in the lawsuit over the department’s 2018 release of his text messages, his lawyers said Friday. According to court filings Friday, both Strzok and former FBI attorney Lisa Page have finalized their settlements with the Justice Department after alleging the department violated the Privacy Act by releasing to the media texts they exchanged criticizing Donald Trump during the 2016 campaign. Page’s attorneys said they were pleased the DOJ agreed to settle her claims, but did not provide the amount of the settlement. “While I have been vindicated by this result,…
I’ve been the host of The Retirement Answer Man podcast for over ten years now. I try not to overshare my life on the show because the podcast isn’t about me. It’s about you and rocking retirement! Nonetheless, I have dropped snippets about our Colorado relocation journey over the past few years, as the process has taken a lot of unforeseen twists and turns. Recently, I realized that sharing the whole story (even though I find parts of it a little embarrassing) might be helpful to many of you who are in the same situation, either trying to relocate or…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.625% as of July 25, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During the week of July 15, 2024, average private student loan rates increased for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 10-year fixed-rate loans and 5-year variable-rate loans. 10-year fixed rate: 7.62%, up from 7.29% the week before, +0.335-year variable rate: 11.74%,…
Sen. JD Vance, the running mate of former President Donald Trump, on Friday defended his comments accusing key Democrats — including Vice President Kamala Harris — of being miserable “childless cat ladies” who want to “make the rest of the country miserable too,. anti-family and anti-kids.Vance has been under fire for days after the “cat ladies” remark resurfaced online following the Ohio Republican’s nomination as the party’s vice presidential candidate. But his decision on Friday to double down on the comments, rather than to apologize or to say his views have changed, means the Trump campaign can expect the critiques…
Fears that OpenAI’s new search engine will challenge Google’s dominance in the near term are exaggerated, especially because Alphabet is already playing offense by integrating generative AI tools into its own platform. ChatGPT creator OpenAI on Thursday announced a prototype of its search engine, SearchGPT, in an effort to directly compete with Google Search. The Microsoft -backed AI startup said SearchGPT will generate quick responses to user queries that include relevant sources from the web. Users will be able to ask follow-up questions to add more context with each query. OpenAI said the prototype is currently available to a small…
A court case could soon settle a spicy dispute: Who invented Flamin’ Hot Cheetos? A former PepsiCo executive is suing the company, saying it destroyed his career after questioning his claim that he invented the popular flavor of Cheetos snacks. PepsiCo said Thursday it has no comment on the lawsuit, which was filed July 18 in California Superior Court. According to his lawsuit, Richard Montañez began working for PepsiCo as a janitor at its Frito-Lay plant in Ranch Cucamonga, California, in 1977. Montañez was the son of a Mexican immigrant and grew up in a migrant labor camp. One day, a machine in…
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