Author: News Room

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS prosecutors have filed a revised set of charges against Donald Trump over his alleged attempts to overturn the results of the 2020 election, in an attempt to comply with the Supreme Court decision that recognised broad immunity from criminal prosecution for presidents.The superseding indictment, filed by special counsel Jack Smith in Washington federal court on Tuesday, comes weeks after the high court ruled that the case would have to be examined by a federal judge to determine what…

In May, I upgraded my rating for Triumph Group (NYSE:TGI) stock to buy on a more manageable debt profile. However, I did point out that the company needs a solid free cash flow conversion, and even in that case, refinancing some of its debt would be required. In this report, I will be discussing the most recent results, provide a risk assessment and update my price target and rating for the stock. Aerospace Supply Chain And Production Rates Limit Growth For Triumph Group Triumph GroupQ1 2025 sales grew 7% with operating income up $9 million to $8 million and up…

Pizza Hut is offering customers moving to a few cities something extra through its packaging. The pizza chain is offering a special pizza box that turns into a miniature table with an order of a large regular-priced pizza in Dallas, Texas; Charlotte, North Carolina; and Orlando, Florida. Pizza Hut said it chose those cities based off a Penske Truck Rental list that ranked the cities among the country’s top moving destinations. Brands will often offer buzzy marketing campaigns to generate attention, especially when tied to important holidays or events. And with parent company Yum Brands facing the same kind of…

Check out the companies making headlines in extended trading. Nordstrom – Shares jumped about 7% after the company’s second-quarter earnings topped analysts’ estimates. The retailer reported adjusted earnings of 96 cents per share, topping consensus forecasts of 71 cents per share, according to LSEG. Meanwhile, revenue of $3.89 billion missed the estimate for $3.90 billion. Ambarella – The semiconductor developer surged 20% after posting upbeat revenue guidance for the fiscal third quarter . Ambarella sees third quarter revenues ranging from $77 million to $81 million, while analysts polled by LSEG called for $69 million. The company also beat the Street’s…

Former President Donald Trump’s economic proposals would increase federal deficits by $5.8 trillion over the next decade, almost five times more than those of Vice President Kamala Harris, which would add $1.2 trillion, according to a new pair of studies from the nonpartisan Penn Wharton Budget Model.The Trump report found that his plan to permanently extend the 2017 tax cuts would add over $4 trillion to deficits over the next 10 years. His proposal to eliminate taxes on Social Security benefits comes with a $1.2 trillion price tag, while his pledge to further reduce corporate taxes would add nearly $6…

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. The interest rate on a 30-year fixed-rate mortgage is 6.125% as of August 5, which is 0.250 percentage points lower than on Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.490%, which is 0.135 percentage points lower than on Friday. With mortgage rates changing daily, it’s a good…

Many estate owners are concerned about what will happen to the wealth in the next generation and the effects the inheritance will have on their heirs, making how to leave wealth to the next generation one of the most difficult estate planning decisions. Wealth is accumulated and preserved for the next generation at least partly to enrich the lives of loved ones. But there are many stories of heirs wasting or mismanaging inheritances and other stories of inheritances changing heirs for the worse. Several different types of trusts are available to avoid these negative consequences. Each has advantages and disadvantages,…

Members of the bipartisan congressional task force established to investigate the attempted assassination of former President Donald Trump promised Monday to get to the bottom of the security failures of that day even if it may be a “slow process,” after the group toured the Pennsylvania rally site where the shooting took place. Accompanied by local law enforcement, including the Butler County Sheriff and Pennsylvania state police, lawmakers walked the Butler Farm Show grounds where the July 13 rally was held, going first to the area where Trump took the stage and was shot at. The lawmakers then made their…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Apple chief financial officer Luca Maestri will step down from the role at the beginning of next year, ending a more than decade-long stint as the iPhone-maker’s top finance executive.Maestri will be succeeded by Kevan Parekh, Apple’s vice-president for financial planning and analysis, the company said on Monday.Maestri is a core member of Apple’s close-knit top leadership team and a close confidante of chief executive Tim Cook. He will stay at the company to lead its corporate services teams. He has been a…

Senstar Technologies Corporation (NASDAQ:SNT) Q2 2024 Earnings Conference Call August 26, 2024 5:00 PM ET Company Participants Kim Rogers – IR, Hayden IRFabien Haubert – CEOAlicia Kelly – CFO Conference Call Participants Ken Liddy – Oppenheimer Operator Greetings and welcome to the Senstar Second Quarter 2024 Financial Results. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce you to your host, Kim Rogers, with Hayden IR. Thank you, Kim. You may begin. Kim Rogers…