Graphic Packaging Holding, a leading manufacturer of paperboard and paper packing materials based in Atlanta, has revised its sales projection and adjusted earnings forecast for 2023. This adjustment comes after the company reported that its customers were reducing their inventories of its packaging products in the third quarter. Adjusted Earnings per Share Graphic Packaging … [Read more...] about Graphic Packaging Lowers Sales Projection for 2023
Cryptocurrency Market Update
Large cryptocurrencies experienced mixed results during morning trading on Tuesday. While some coins showed gains, others saw declines. Let's take a closer look at the market movements: Gainers: Solana (SOLUSD): The biggest winner of the day, climbing 3.42% to reach $36.01. Ripple (XRPUSD): Showed a positive move of 2.51% and reached 59 cents. Polkadot (DOTUSD): Rose by 1.08% … [Read more...] about Cryptocurrency Market Update
AB InBev Reports Rise in Revenue, Maintains Full-Year Guidance
Anheuser-Busch InBev (ticker: BUD) recently announced a rise in revenue and confirmed its full-year guidance, despite experiencing a decline in sales in the U.S. due to a boycott of Bud Light by some consumers. The company's stock has shown an upward trend. For the September quarter, AB InBev reported underlying earnings per share of 86 cents, with sales reaching $15.57 … [Read more...] about AB InBev Reports Rise in Revenue, Maintains Full-Year Guidance
Understanding the Nuances of Investing in I Bonds
The new rate for Series I Bonds starting on Nov. 1 will be 5.27% – a combination of a 1.3% fixed rate and a 3.94% inflation rate. This increase in fixed rate is significant, as it is the highest since 2007, according to Ken Tumin, editor of DepositAccounts.com. Investors were drawn to Series I bonds during a period of high inflation due to the attractive rate of return, which … [Read more...] about Understanding the Nuances of Investing in I Bonds
Americans’ Past-Due Bills Continue to Mount
In September, there was a significant increase in newly-delinquent debts, contributing to the overall rise in unpaid bills among Americans. VantageScore researchers have observed a continuous climb in delinquencies, reaching a new 12-month high last month. Surge in Freshly Past-Due Debt One notable aspect of this trend is the sharp rise in debt that is less than two months … [Read more...] about Americans’ Past-Due Bills Continue to Mount