Author: Press Room
2025 Medicare Changes Every year there are changes to Medicare Advantage Plans and Social Security. Most years the changes are not dramatic. But this year the change in your Medicare Advantage plan may be dramatic. If you have a Medicare Advantage Plan, do not assume that your plan will remain the same for 2025. Because the annual out-of-pocket spending for Part D prescription drugs were capped at $2,000, the insurance companies have redesigned their plans and have also cancelled approximately 2,000,000 people. You need to make sure you are not one of those people who were cancelled. In addition, if…
Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.72% from last week’s reading of 6.54%. The average rate on a 30-year loan was 7.76% a year ago. “Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August,” said Sam Khater, Freddie Mac’s chief economist. “With several potential inflection points happening over the next week, including the jobs report, the 2024 election, and the…
MiMedx Group, Inc. (NASDAQ:MDXG) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Matt Notarianni – Head, Investor RelationsJoe Capper – Chief Executive OfficerDoug Rice – Chief Financial Officer Conference Call Participants Chase Knickerbocker – Craig-Hallum GroupRoss Osborn – Cantor FitzgeraldBrad Bowers – Mizuho SecuritiesCarl Byrnes – Northland Capital Markets Operator Good afternoon, and thank you for standing by. Welcome to the MiMedx Third Quarter 2024 Operating and Financial Results Conference Call. At this time, all participants are in a listen-only-mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference is being…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseKamala Harris has said she “strongly” disagrees with “any criticism of people based on who they vote for” as Donald Trump slammed her for comments made by Joe Biden that appeared to call Trump supporters “garbage”. Harris addressed the gaffe in remarks to reporters on Wednesday before heading on a tour of three swing states, while Trump seized on the comments by climbing into a white rubbish truck with his campaign logo on it during a stop in Wisconsin.…
Most economists who had to describe healthy, stable growth would end up largely describing today’s GDP numbers. The economy expanded at an annual inflation-adjusted rate of 2.8% in the third quarter of 2024, after expanding at 3.0% in the previous quarter. Outside of volatile inventory build ups, economic growth actually accelerated. Income growth from continued employment growth and wages outpacing prices is driving consumer spending. U.S. companies prove to be highly competitive in global markets across a wide spectrum of goods and services. Businesses continue to invest at fairly high levels to take advantage of new opportunities in a highly…
Sage Therapeutics, Inc. (NASDAQ:SAGE) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Katie Plante – Manager of Investor RelationsBarry E. Greene – Chief Executive OfficerChris Benecchi – Chief Business OfficerLaura Gault – Chief Medical OfficerKimi Iguchi – Chief Financial OfficerMike Quirk – Chief Scientific Officer Conference Call Participants Anupam Rama – J.P. MorganSalveen Richter – Goldman SachsYasmeen Rahimi – Piper SandlerJay Olson – OppenheimerAmi Fadia – NeedhamBrian Abrahams – RBC Capital MarketsTazeen Ahmad – Bank of AmericaUy Ear – MizuhoJoel Beatty – BairdMarc Goodman – Leerink Operator Good afternoon. Welcome to Sage Therapeutics’ Third Quarter…
Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.Subscribe to unlock this article Try unlimited access Only $1 for 4 weeks Then $75 per month New customers only Cancel anytime during your trial Explore our subscriptionsIndividualFind the plan that suits you best.ProfessionalPremium access for businesses and educational institutions.Check if your university or organisation offers FT membership to read for free. Read the full article here
Daughter of elderly mother (EM) called in a bit of a panic. She had just found out that her 80 year old mother, living alone in another state, had been giving thousands and thousands of dollars to a campaign. This was done with recurring donations she had unwittingly signed up for on her cell phone. EM had no idea of what she had given every day for months. Her concerned daughter (CD) had looked at the statements from the financial advisors her mom had chosen without CD’s knowledge and was horrified. EM had funds, but not enough to take care…
V.F. Corporation (NYSE:VFC) Q2 2025 Earnings Conference Call October 28, 2024 4:30 PM ET Company Participants Allegra Perry – Vice President of Investor RelationsBracken Darrell – President & Chief Executive OfficerPaul Vogel – Executive Vice President & Chief Financial Officer Conference Call Participants Adrienne Yih – BarclaysLaurent Vasilescu – BNP ParibasSimeon Siegel – BMO Capital MarketsMichael Binetti – Evercore ISIBrooke Roach – Goldman SachsLorraine Hutchinson – Bank of AmericaMatthew Boss – JPMorganJay Sole – UBSPaul Lejuez – CitiIke Boruchow – Wells FargoJonathan Komp – BairdJim Duffy – StifelBob Drbul – GuggenheimDana Telsey – Telsey Advisory GroupEthan Siavosh Saghi – BTIGJohn…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.China’s largest coffee chain, Luckin Coffee, is planning to enter the US market and undercut rivals including Starbucks with its low-priced drinks, marking a comeback for the company after a fraud scandal that resulted in its Nasdaq delisting and a $180mn fine.The Xiamen-based company is laying the groundwork for a US launch as early as next year, building out its supply chain and customising its technology for the market, according to two people with knowledge of the matter.The expansion comes nearly five…
