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Market News

Location American Market News for 22 August 2024

Less Is More at Builders FirstSource

Wall Street Journal - 22 Aug 2024 13:30
The building-supply giant is growing while shrinking its share count, delighting shareholders.
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See which stocks are posting big moves after the bell.
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The Mediterranean restaurant chain Cava said its fiscal second-quarter traffic climbed 9.5%, bucking industry trends.
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Income Tax: Is your refund being held up over defective I-T return? This is what you should do If your return is found defective, the income tax department will send you a defective notice under section 139(9) of the Income Tax Act via email.
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Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its balance sheet.
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Unlocking your home's equity: How a reverse mortgage can secure your retirement For senior citizens with limited retirement savings and no sources of income, a reverse mortgage can offer a valuable financial cushion. However, prospective borrowers must fully understand the implications of such a loa...
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Magic of compounding: ₹1 lakh investment in this mutual fund at launch would have grown to ₹6 lakh Edelweiss Aggressive Hybrid Mutual Fund has delivered an annualised return of 12.84 per cent since the scheme's inception 15 years ago. Effectively, this means the investment would have swelled by six times during this p...
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Being a one-stop shop for leasing, repairs and parts has made FTAI one of the commercial-aviation industry's few bright spots.
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Shares of Danish biotech company Bavarian Nordic jumped in early deals Thursday after reporting first-half earnings and a bumper mpox vaccine order.
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No CVV for payments on tokenised cards. Is your money safe? Banks are increasingly allowing payments on tokenized cards without requiring the CVV. While this speeds up transactions, it raises concerns about security. We explore how this affects the safety of saved cards and what ...
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Pound near one-year high as traders bet on US rate cut The pound is hovering close to its highest level in a year as markets bet on interest rate cuts by the Federal Reserve next month.
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FD rate hike news: This bank is providing up to 7.85% returns under special scheme valid till September 30, know details The special FD scheme launched in August 2024 will be available for customers till September 30, 2024. Under the Utsav Callable FD scheme, customers can get an interest rate of up to 7.35% on fixed tenures, and senior ci...
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Zerodha's referral stoppage exposes the dark side of influencer marketing The broking industry, as a whole, leveraged the power of financial influencers to grow their business with influencers earning referrals or affiliate commissions from brokers.
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Key financial considerations for aspiring full-time content creators Multiple financial factors need consideration when you are making this move, considering that each business has specific capital requirement
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How to seamlessly convert mutual fund units between SOA and demat The process is straightforward but demands careful attention to detail and due diligence. Here's a step-by-step guide to the potential costs, and pros and cons.
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