Author: Press Room

This article was written byFollowFranklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,300 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.4 trillion in…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.South Korea’s suspended President Yoon Suk Yeol was arrested on Wednesday morning following a predawn raid by police and investigators on his fortified hilltop compound.Yoon’s detention followed a six-hour stand-off between law enforcement officials and members of the president’s security detail. It is the first time in South Korea’s history that a sitting president has been arrested.The development marks the latest twist in a political crisis that was triggered by his failed attempt to impose martial law last month, and which has…

A decade ago, I couldn’t spell septuagenarian, and yet now, at 72, I am one. A decade ago, I thought I would retire in my 60s. And yet here I am working in my 70s. The reality is that some of us don’t retire until we are into our 70s or even 80s. Some never plan to retire. With improved healthcare and the advent of jobs that don’t require physical labor, this group of late retirees is growing. According to the most recent data from the Bureau of Labor Statistics, 5.8% of the labor force is age 70 and older,…

Aehr Test Systems, Inc. (NASDAQ:AEHR) Q2 2025 Earnings Conference Call January 13, 2025 5:00 PM ET Company Participants Jim Byers – PondelWilkinson, IRGayn Erickson – President & CEOChris Siu – CFO Conference Call Participants Christian Schwab – Craig-Hallum Capital GroupJed Dorsheimer – William BlairTom Diffely – D.A. DavidsonLarry Chlebina – Chlebina Capital Operator Greetings. Welcome to the Aehr Test Systems Fiscal 2025 Second Quarter Financial Results Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Los Angeles was braced for near “hurricane force” winds on Monday that weather forecasters said could fan the devastating wildfires that have swept across southern California as damage estimates mounted.As firefighters struggled to contain the deadly blazes that continued to rage in the suburbs of the US’s second-largest city, the National Weather Service issued a “red flag alert” warning amid deteriorating conditions.Winds of up to 75 miles an hour were expected to hit the region from Monday night until Wednesday morning, according…

Is 10 million enough to retire? The crux of retirement planning is figuring out what level of income your assets can safely support over your retirement lifetime and how that compares to your current living expenses. In another words, your ability to retire on [insert any amount of money] mostly depends on how much income you need from your investments and how long you need it to last for. There are, of course, many other variables as well, which is why it’s important to speak with a financial advisor about your individual circumstances. Retirement Lifestyle At Different Asset Levels Americans…

President Biden announced the approval of student loan handouts for more than 150,000 people on Monday, with the White House touting a total of more than 5 million beneficiaries over the course of the president’s term. With just one week left in office, Biden said his administration “has taken historic action to reduce the burden of student debt, hold bad actors accountable, and fight on behalf of students across the country.””These 150,000 borrowers include: almost 85,000 borrowers who attended schools that cheated and defrauded their students, 61,000 borrowers with total and permanent disabilities, and 6,100 public service workers,” Biden said…

This article was written byFollowLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very small fraction of companies should be a buy at any point in time. However, hold articles provide important information for future…

The California wildfires could be the costliest disaster in US history, the state’s governor said, as forecasts of heavy winds raised fears that the catastrophic blazes would spread further.In remarks to NBC’s Meet the Press on Sunday, Gavin Newsom said the fires — which have burnt through more than 40,000 acres, according to CalFire, the state’s forestry and fire protection department — would be the worst the country has seen “in terms of just the costs associated with it, [and] in terms of the scale and scope”.He added that there were likely to be “a lot more” fatalities confirmed. The…

As I perused the ubiquitous “Best Books of the Year” lists from thought leaders whose reading prowess I respect, one book I hadn’t read kept popping up, so I decided to explore it over the holiday stretch. Aided by its curious title, The Courage To Be Disliked is a parabolic conversation between a youth and a philosopher designed to explicate the intersection of Greek philosophy and Adlerian psychology. Wait—I realize that might not be the most tempting of descriptions, so let me share three specific concepts from the book and how they can help you live a richer life. First,…