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
Forex News
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
Livent Corp. Misses Expectations and Lowers Guidance for the Year
Shares of Livent Corp. (NYSE: LTHM) experienced a significant drop of more than 4% in the extended session on Tuesday following the release of their third-quarter results. The lithium-ore mining company failed to meet Wall Street expectations and subsequently lowered its guidance for the year. In the third quarter, Livent reported earnings of $87.4 million, or 42 cents per … [Read more...] about Livent Corp. Misses Expectations and Lowers Guidance for the Year
GameStop Stock Increases
GameStop Corp. Cl A (GME) experienced a notable increase in its stock value on Tuesday, rising by 7.58% to reach $13.77. This positive momentum occurred during a generally favorable trading session for the stock market. The S&P 500 Index (SPX) saw a rise of 0.65% to reach 4,193.80, while the Dow Jones Industrial Average (DJIA) increased by 0.38% to reach 33,052.87. Breaking … [Read more...] about GameStop Stock Increases
