Author: News Room

Hizbollah on Tuesday evening confirmed Israel had killed one of its top commanders, Ibrahim Qobeissi, in an air strike that rocked the southern suburbs of Beirut on Tuesday.Lebanese authorities said six people were killed and 15 injured in the attack that targeted Qobeissi, the head of the Iran-backed militant group’s missiles division.“Qobeissi was a significant source of knowledge in the field of missiles and had close ties to senior military leaders in Hizbollah,” the Israel Defense Forces said, naming him as head of the group’s missiles and rockets force.Tuesday’s strike marks the latest in a string of killings of senior…

Progress Software Corporation (NASDAQ:PRGS) Q3 2024 Earnings Conference Call September 25, 2024 5:00 PM ET Company Participants Michael Micciche – Senior Vice President, Investor RelationsYogesh Gupta – President and Chief Executive OfficerAnthony Folger – Chief Financial Officer Conference Call Participants John DiFucci – Guggenheim SecuritiesLucky Schreiner – D.A. DavidsonBo Yin – Jefferies Operator Good day and welcome to the Progress Software Corporation Q3 2024 Earnings Call. At this time all participants are in a listen-only mode. After the speaker presentation there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now…

After years of favoring online and telephone scams, a number of crooks are drifting back to old-fashioned theft involving paper checks. In the last year, a number of individuals, including employees of the U.S. Postal Service, have been arrested or indicted for stealing paper tax refund checks. Over $3 million of such check thefts were discovered in one New York congressional district. Also, there’s been an increase in reported thefts of tax refund and Social Security benefit checks around the country. Congressional representatives in New York and Georgia have asked the IRS and USPS inspectors general to fully investigate the…

Israel launched a relentless wave of air strikes against what it said were Hizbollah targets on Monday, killing almost 500 people in Lebanon’s deadliest day for decades and pushing the region closer to all-out war.Israeli warplanes struck hundreds of targets across the country, including Beirut’s southern suburbs, as Benjamin Netanyahu’s government stepped up its assault on Hizbollah in a “new phase” of the war that it has named Operation Northern Arrows. The bombardment heightened concerns about escalating hostilities in the Middle East and spread panic across Lebanon, sending tens of thousands fleeing targeted areas. Monday’s death toll was the highest…

AAR Corp. (NYSE:AIR) Q1 2025 Earnings Conference Call September 23, 2024 5:00 PM ET Company Participants John Holmes – Chairman, President and CEOSean Gillen – Chief Financial Officer Conference Call Participants Scott Mikus – Melius ResearchMichael Ciarmoli – Truist SecuritiesKenneth Herbert – RBC Capital MarketsLouie DiPalma – William Blair Operator Good afternoon, everyone, and welcome to AAR’s Fiscal 2025 First Quarter Earnings Call. We’re joined today by John Holmes, Chairman, President, and Chief Executive Officer; and Sean Gillen, Chief Financial Officer. Before we begin, I’d like to remind you that the comments made during the call may include forward-looking statements…

Careful research done by Ph.D economists conclude we face a huge retirement shortfall. We are about eight to nine years away from Social Security’s inability to pay full benefits; all boomers are past age 60, and the typical Gen Y and Millennial is predicted to do a little worse or much worse than the cohorts of their big brothers, sisters, and parents. The erosion in retirement security is worse for the bottom 60% or so of the earnings distribution. Yes, it’s a crisis. Early boomers at the top of the income distribution have benefited from run-ups in the stock market,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mexico’s ruling party chose the son of President Andrés Manuel López Obrador for a senior role on Sunday, in a sign the leftist leader will continue to influence public life after he steps down.López Obrador is in his final weeks of a six-year term that has polarised Mexican politics and concentrated legislative power in his party. His handpicked successor, former Mexico City Mayor Claudia Sheinbaum, will replace him as president in October.In a conference centre in the capital on Sunday, Sheinbaum and…

This article was written byFollowAdvanced education in economics, business management and engineering. Professional experience with product management and development in high tech industry, including advisory with multiple fintech startups. Have been investing in growth companies since 1998. Recent interest of investment also includes income-focused portfolio, fund-based approach.Analyst’s Disclosure: I/we have a beneficial long position in the shares of VKI 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…

Many retirees are finding that retirement isn’t all it’s cracked up to be, and they’re returning to work in some way. In fact, the number is in the millions, as indicated by the results of a recent survey of retirees conducted by T. Rowe Price. They report that 1.5 million retirees had reentered the workforce as of March 2022, following a retirement during the pandemic. As a result of this development, “unretirement” has been added to the retirement lexicon as a phenomenon in the ever-evolving world of retirement strategies. Let’s dig into the details to see if unretirement might make…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk has backed down and complied with a Brazilian judge’s orders that he appoint a legal representative for X, according to court documents, paving the way for the restoration of the social media site in the country following a weeks-long ban.X was banned in Brazil late last month amid an escalating feud between the billionaire and Supreme Court justice Alexandre de Moraes, who had demanded the site remove accounts linked to far-right individuals and groups.Musk refused to do so and shuttered…