Paramount Earnings: CEO Has Gone, For-Sale Sign Is Up; Good Results Would’ve Been Nice to Learn
Paramount’s PARA first quarter was very good, especially in terms of profitability. However, performance is an afterthought.
Morningstar9h
Consumer confidence drops to 21-month low due to worries about food and gas prices
Americans think the jobs market is getting softer, consumer confidence survey finds The numbers: Consumer confidence fell in April for the third straight month and touched a 21-month low, a new survey ...
Chicago Business Activity Slumps Further, MNI Survey Suggests
The Chicago Business Barometer, compiled by MNI Indicators, deteriorated to 37.9 in April from 41.4 in March, defying expectations for an uptick to 45.0, which would have indicated a gentler rate of ...
U.S. Consumers More Concerned Over Labor Market, Business Conditions
Consumers became less positive about the current labor-market situation, and more concerned about future business conditions, job availability, and income, said Dana M. Peterson, chief economist at ...
U.S. Home Prices Sped Up in February on Hopes of Fed Cuts
The S&P CoreLogic Case-Shiller National Home Price Index, which measures home prices across the nation, rose 6.4% from a year earlier in February, compared with a 6.0% annual increase the prior month, ...
Restaurant Brands International Shares Rise on 1Q Adjusted EPS, Revenue Beats
The Canadian-American fast food holding company, which operates brands like Tim Hortons and Burger King, reported adjusted earnings of 73 cents a share, beating analyst expectations which forecasted ...
3 Good Stocks to Buy with Your Tax Refund in 2024 (Or with Any Extra Money)
The stocks of these high-quality companies with predictable cash flows look undervalued today.
After Earnings, Is GE Aerospace Stock a Buy, a Sell, or Fairly Valued?
Ge Aerospace GE released its first-quarter earnings report on April 23. Here’s Morningstar’s take on GE Aerospace’s earnings ...
There’s No Evidence of a Retirement Crisis
The New York Times stretches too far. Last month, The New York Times printed an article about BlackRock BLK CEO Larry Fink, ...
Morningstar1d
Employee costs rise at fastest pace in a year and a half
The numbers: The cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal Reserve's effort to get inflation fully under ...
Morningstar10h
Ecolab 1Q Sales Increase, Raises 2024 Adjusted EPS Outlook
Ecolab posted an increase in 1Q sales while also raising its 2024 adjusted earnings per-share outlook. The hygiene and infection-prevention company recorded net income of $412.1 million, or $1.43 a ...
American Tower 1Q Net Up, Boosts '24 Revenue View
American Tower cut its 2024 earnings projection to a range between $3.08 billion and $3.17 billion from a prior estimated range between $3.31 billion and $3.42 billion.