Financial Daily News Site - Your financial news website

'Big Short' investor Michael Burry warns of looming consumer recession – Markets Insider

'Big Short' investor Michael Burry warns of looming consumer recession - Markets Insider

Michael Burry predicted a consumer recession and more pressure on company profits. People are saving less, borrowing more, and have spent what they saved during the pandemic, he said. “The Big Short” investor expects those trends to weigh on consumer spending and corporate results. Loading Something is loading. Americans are saving less, borrowing more, and … Read more

India delivers consignment of over 25 tons of medical supplies to Sri Lanka

Acting High Commissioner of India in Sri Lanka handing over consignment of medical supplies to Sri Lanka (Image Credit: Twitter/@IndiainSL)

ANI | Updated: May 28, 2022 16:44 IST Colombo [Sri Lanka], May 28 (ANI): Acting High Commissioner of India in Sri Lanka Vinod K. Jacob handed over a consignment of over 25 tons of medical supplies, donated by the Government of India to Minister of Health, Keheliya Rambukwella in Colombo on Friday.Taking to Twitter, the … Read more

Macy's Momentum Points To a Banner Year – Here's Why – The Motley Fool

Macy's Momentum Points To a Banner Year - Here's Why - The Motley Fool

Macy’s (M 2.27%) announced fiscal 2022 first-quarter earnings before the markets opened on Thursday, May 26. The retailer continued to thrive as management has skillfully handled the coronavirus pandemic.  Sales were as expected, but profits outperformed as it sold more merchandise at a full price, and a more significant percentage of shoppers chose to go … Read more

Belden (NYSE:BDC) Raised to B- at TheStreet – Defense World

Belden (NYSE:BDC) Raised to B- at TheStreet - Defense World

Belden (NYSE:BDC – Get Rating) was upgraded by equities researchers at TheStreet from a “c+” rating to a “b-” rating in a report released on Thursday, TheStreetRatingsTable reports. A number of other equities analysts also recently commented on the stock. StockNews.com raised shares of Belden from a “buy” rating to a “strong-buy” rating in a … Read more

Dave Ramsey Says '79% of Millionaires Inherited $0.' Here's How They Got Where They Are – The Motley Fool

Dave Ramsey Says '79% of Millionaires Inherited $0.' Here's How They Got Where They Are - The Motley Fool

Image source: Getty Images It’s more than possible to build your own wealth — even if you get no help starting out. Key points Financial guru Dave Ramsey did some research into millionaires and found that only 21% received an inheritance.  Investing money strategically could make you a millionaire, too. The earlier you start investing, … Read more

Passenger Rolling Stock Leasing Market – Top Company Analysis, Research Report Analysis and Share by Forecast 2026 – NewsOrigins

https://www.newsorigins.com/passenger-rolling-stock-leasing-market-6103/Passenger Rolling Stock Leasing Market - Top Company Analysis, Research Report Analysis and Share by Forecast 2026

Executive Summary: The latest Passenger Rolling Stock Leasing market research report offers a comprehensive assessment of all the factors propelling or restraining the industry growth with respect to the past, present, and future scenario. It highlights the remunerative opportunities in each market segment, followed by a detailed analysis of the competitive landscape.  … Read more

Federated Hermes Premier Municipal Income Fund : Stay strong, but defensive – Marketscreener.com

Mixed Start Seen for Europe But Mood Generally Calm

It’s been painful, but we believe the risk-reward on stocks is lurching into balance. The economic outlook has grown more sober-this week, our macroeconomic policy team cut its forecast for the third time this year (more below)-with recession and stagflation headlines dominating the business press. That said, … Read more

Endava plc (NYSE:DAVA) Receives Consensus Rating of “Buy” from Analysts – Defense World

Endava plc (NYSE:DAVA) Receives Consensus Rating of “Buy” from Analysts - Defense World

Endava plc (NYSE:DAVA – Get Rating) has received a consensus rating of “Buy” from the eleven research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among … Read more

Compass Minerals International, Inc. (NYSE:CMP) Expected to Post Earnings of -$0.28 Per Share – Defense World

Compass Minerals International, Inc. (NYSE:CMP) Expected to Post Earnings of -$0.28 Per Share - Defense World

Wall Street analysts expect Compass Minerals International, Inc. (NYSE:CMP – Get Rating) to report ($0.28) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Compass Minerals International’s earnings. The highest EPS estimate is ($0.17) and the lowest is ($0.41). Compass Minerals International posted earnings per … Read more

Brokerages Anticipate Royal Caribbean Cruises Ltd. (NYSE:RCL) to Announce -$2.14 EPS – MarketBeat

Royal Caribbean Cruises logo

Analysts expect that Royal Caribbean Cruises Ltd. (NYSE:RCL – Get Rating) will post earnings of ($2.14) per share for the current quarter, according to Zacks. Five analysts have provided estimates for Royal Caribbean Cruises’ earnings. The lowest EPS estimate is ($2.73) and the highest is ($1.54). Royal Caribbean Cruises reported earnings of ($5.06) per share … Read more