Author: Press Room

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Q4 2024 Earnings Conference Call December 19, 2024 5:00 PM ET Company Participants Paul Bartolai – IRShahram Askarpour – CEOJeff DiGiovanni – CFO Conference Call Participants Andrew Rem – Odinson PartnersDoug Ruth – Lenox Financial ServicesGowshi Sri – Singular Research Operator Good evening. And welcome to the Innovative Solutions & Support’s Fourth Quarter Fiscal 2024 Financial Results Conference Call. All participants will be in listen-only mode [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to Paul Bartolai. Please go ahead. Paul Bartolai Thank you.…

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe US Congress has just 24 hours to find a deal to keep the government open after the House of Representatives voted down a funding bill on Thursday night despite support from Donald Trump.The 174-235 vote tees up a race by House Republicans to approve a new bill. The failed deal would have extended government spending to March 14, sent billions of dollars to communities devastated by natural disasters and suspended limits on federal borrowing for two years — a…

Ask family caregivers what sort of government support they want and their answer is clear: They want upfront cash. Not bigger future Social Security benefits. Not respite care or tax credits, not paid family leave, or even reimbursement for out-of-pocket costs. They want cash. That, at least, were the preferences of participants in four focus groups described in a new research paper by Marc Cohen and colleagues for the Center for Retirement Research at Boston College. Forty-four percent of the participants favored cash payments. The next-most-popular idea was reimbursement of caregiving costs. But it was favored by only about a…

The Federal Reserve just cut interest rates one more time this year. In their recent meeting, the Fed decided to cut rates by a quarter of a percentage point, dropping rates to 4.25% to 4.5%. This move was largely expected by economists. The Fed cited indicators of an expanding economy and an easing labor market after its other rate cuts. This is the third time rates have been cut this year, but economists don’t expect as many cuts in 2025.”The median member now expects that there will only be two cuts in 2025 and that the federal funds target will…

Two student loan repayment plans have been reopened for enrollment by the Department of Education (DOE) following a federal court injunction against the Biden administration’s Saving on a Valuable Education (SAVE) program.    New enrollment in the Pay As You Earn (PAYE) and Income-Contingent Repayment (ICR) plans programs was halted last summer in an attempt to phase them out and encourage borrowers to sign up for the Biden-Harris administration’s SAVE plan, but now people can sign up once again.”The Department continues to defend in court the authority to cut payments for borrowers with high debts and low incomes through the…

This article was written byFollowI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not…

The Federal Reserve cut interest rates by a quarter of a percentage point but signalled a slower pace of easing next year, sending the dollar racing to a two-year high and igniting a sell-off in US and international stocks.The Federal Open Market Committee on Wednesday voted to reduce the benchmark rate to a range of 4.25-4.5 per cent, its third cut in a row. Cleveland Fed president Beth Hammack cast a dissenting vote, preferring to hold rates steady.Officials’ projections for rates in 2025 pointed to fewer cuts than previously forecast, underscoring their concern with lingering inflation. In a sign of…

By Lin Grensing-Pophal, Next Avenue Mary has worked in marketing at a major health care organization that is committed to promoting from within and has a leadership development program that invites 20 people across the organization each year. Mary has yet to be invited, despite often telling her manager that she was very interested. Is she being overlooked because she is 59 or something else? It’s hard to say. Organization leaders, including those in HR, are quick to deny inherent, or implicit, bias against older workers. Yet there is research to indicate that older workers may be considered for fewer…

A federal consumer watchdog is warning that certain credit card companies may be illegally devaluing accrued rewards such as points or airline miles.  The Consumer Financial Protection Bureau (CFPB) said Wednesday that companies may violate federal law if fine print disclaimers or vague terms buried in a contract conflict with promotional language, if companies deflate the value of a customer’s accrued awards, or if system failures result in consumers losing points when attempting to redeem them. “Large credit card issuers too often play a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards…

This article was written byFollowFocused on analyzing 13F reports & building tools to help DIY investors generate absolute returns through exploiting inefficiency, volatility, and momentum.Analyst’s Disclosure: I/we have a beneficial long position in the shares of PARA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given…