Author: Press Room
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation. Although mortgage rates have started to decline some in recent months, the housing market has been largely stalled as would-be buyers and sellers remain on the sidelines, waiting for a more significant decline.So will the Federal Reserve’s larger-than-expected 50-basis-point rate cut on Wednesday make any difference for mortgage rates? Last week, mortgage rates fell to their lowest levels in more than 18 months, with the average 30-year fixed rate note…
This article was written byFollowLong Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.Analyst’s Disclosure: I/we have a beneficial long position in the shares…
Activist investor Politan Capital said it won two seats on the board of the $6bn medical device company Masimo on Thursday, the latest twist in a gruelling two-year boardroom battle that ranks among one of the costliest in history.Masimo’s founder and chief executive Joe Kiani and another director lost their seats to two candidates put forward by activist investor Quentin Koffey, according to a preliminary vote count by Politan’s advisers. “While each of us is independent and brings our own unique perspectives, we are united in our enthusiasm for Masimo’s future,” Politan’s four directors, who now control a majority, said in…
Thirty-five years ago, Ken Dychtwald, PhD, wrote a landmark book, Age Wave. It was a thoughtful and well researched analysis on the impact of the baby boom population on the U.S. Dr. Dychtwald (Ken) went on to write many more books (19 in all) about the aging of America, but in this writer’s opinion, Age Wave offered us a seminal work and a prescient look at how the baby boomers, the biggest American population cohort ever, would change our country and the world – in ground-breaking and sometimes heartbreaking ways. After the book became a bestseller, Dr. Dychtwald formed a…
Mortgage rates declined again this week, sparking a subtle boost in demand for purchase and refinance applications. Still, many buyers continue to hold off on making a move while waiting for steeper cuts, as fresh data shows existing home sales eased in August from the month before.Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage dropped to 6.09%, down from the 6.20% reading of the past two weeks. The average rate on a 30-year loan was 7.19% a year ago. The latest drop in rates comes after the Federal Reserve…
Sangoma Technologies Corporation (NASDAQ:SANG) Q4 2024 Earnings Conference Call September 18, 2024 5:30 PM ET Company Participants Samantha Reburn – Chief Legal OfficerCharles Salameh – CEOJeremy Wubs – COO and Chief Marketing OfficerLarry Stock – CFO Conference Call Participants Gavin Fairweather – CormarkMike Latimore – Northland Capital MarketsDavid Kwan – TD Cowen Operator Thank you for standing by. This is the conference operator. Welcome to the Sangoma Investor Conference Call. [Operator Instructions] I would now like to turn the conference over to Samantha Reburn, Chief Legal Officer. Please go ahead, Ms. Reburn. Samantha Reburn Thank you, operator. Hello everyone, and…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseThe International Brotherhood of Teamsters has decided not to endorse a candidate in November’s US presidential election, signalling that a once crucial part of the Democrats’ support may be shifting towards Donald Trump.The powerful union announced its unexpected decision after reporting that a phone poll had found that 58 per cent of its members wanted it to endorse the Republican former president — almost twice the number favouring vice-president Kamala Harris. It was unclear what share of the union’s…
Really, I don’t want to be doing this. I just want a fact-based discussion on retirement income security, so we can fix what needs fixing and stop worrying about things we shouldn’t be worrying about. Is that too much to ask? Apparently, it is. Back in August I published an entire study through the American Enterprise Institute that fact-checked 10 reasons Americans should get over their “denial” there’s a retirement crisis, from Christopher Cook and Teresa Ghilarducci. My conclusion – and I invite you to fact check me if you like – is that none of their 10 reasons really…
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 Sept. 9, 2024, average private student loan rates dropped for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 5-year variable-rate loans and increased for 10-year fixed-rate loans. 10-year fixed rate: 8.57%, up from 7.95% the week before, +0.625-year variable…
AstraZeneca PLC (NASDAQ:AZN) Meet the Management at ESMO 2024 Conference September 16, 2024 2:00 PM ET Company Participants Pascal Soriot – Chief Executive OfficerSusan Galbraith – EVP, Oncology R&DThomas Powles – Professor of Genitourinary Oncology; Director, Barts Cancer CentreSunil Verma – SVP, Global Head, Oncology FranchiseDave Fredrickson – EVP, Oncology BusinessMatt Hellmann – VP, Early Oncology DevelopmentCristian Massacesi – Chief Medical Officer, Chief Development Officer OncologyMelissa Scaltrisi – Head of Traditional MedicineLeora Horn – Global Clinical Strategy Head for Lung Conference Call Participants Tony Ryan – MacquarieEmily Field – BarclaysChristopher Uhde – SEBSimon Baker – RedburnSam Fazeli – Bloomberg IntelligenceAlana…