The U.S. economy added another solid round of new-job gains last month, data indicated Friday, with overall wages easing modestly and adding to recent signals of cooling inflation pressures. The Labor Department’s Bureau of Labor Statistics said that a net 206,000 new jobs were created in June, down from the downwardly revised total of 218,000…
Planning on selling your business in the next few years? You might have to pay more tax on the proceeds than expected. The new government could very well decide capital gains tax (CGT) is a good way to raise revenues, given those commitments not to increase income tax, national insurance or VAT. This isn’t a…
Margot Robbie “defines any attempts at lazy categorisation”, says Roisin Kelly in The Times. “Blonde Aussie bombshell and global pin-up? Yes, of course. But she has also become a mogul”: a producer, investor and, as of last month, “now a liquor baron too” – she has started her own gin brand, Papa Salt. Robbie, 34,…
Sir Keir Starmer has become the UK’s newest Prime Minister, after a landslide Labour victory in the 2024 general election. The party has secured 412 seats and 34% of the national vote so far, with two constituencies still to declare. That gives Labour an 86-seat majority – not quite as large as some polling experts…
The home improvement retail industry is facing many of the same economic problems that other industries, such as furniture, home appliance, and consumer electronics retailers, as well as real estate sales, are suffering from. In a word: higher interest rates, price inflation and declining sales. The real estate market has wrestled with rising interest rates…
STZ Constellation Brands $259.14 +8.77 (+3.50%) (As of 07/5/2024 ET) 52-Week Range $227.50 ▼ $274.87 Dividend Yield 1.56% P/E Ratio 27.63 Price Target $300.11 Constellation Brands NYSE: STZ is in the consumer staples sector and is the fourth-largest beverage company in the United States by market capitalization. The firm has underperformed the market and its sector…
Qualcomm NASDAQ: QCOM is one of the leading players in the semiconductor industry. The firm has outperformed the market and industry over the past 12 months, with a total return of 75%. Over the same period, the SPDR S&P Semiconductor ETF NYSEARCA: XSD is up just 15%. Let’s look at Qualcomm’s business segments, recent earnings,…
The summer season often brings heightened economic activity, making it a favorable period for investors to focus on building a growth-oriented portfolio. Growth investing typically centers on companies with the potential for rapid earnings growth. Often characterized by innovation and expansion, these companies can offer significant returns for investors willing to take on some risk….
Despite their recent struggles, these three industry giants hold the promise of significant upside. With favorable consensus price targets and ratings, attractive P/E valuations, solid earnings growth projections, and some highly attractive dividend yields, they present a hopeful picture for income and value-oriented investors. Let’s delve into these stocks that, despite their recent setbacks, might…
SLP Simulations Plus $38.89 -1.00 (-2.51%) (As of 07/5/2024 ET) 52-Week Range $32.69 ▼ $52.69 Dividend Yield 0.62% P/E Ratio 73.38 Price Target $60.50 Simulations Plus NASDAQ: SLP is a small-cap healthcare technology company with a value of about $800 million. The firm has vastly underperformed the market and its sector over the last 12 months,…