In finance
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Chubb first quarter profits soar
Chubb Limited has reported first quarter net income of $2.14 billion, up 13.3 per cent from the comparative period last year, as consolidated net premiums written of $12.2 billion represented a 14.1 p
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Chubb beats Q1 estimates, NII rises 13% By Investing.com
ZURICH - Chubb Limited (NYSE: NYSE:CB) delivered robust first-quarter financial results, surpassing analyst expectations with earnings per...
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Maybe it's time to move away from tech, Mag. 7: Strategist
Several names in the Magnificent Seven are gearing up to release their first-quarter earnings, with much of Wall Street waiting with bated breath as these tech giants hold much of the value of the S&P 500 (^GSPC). Despite seeing historic gains with these names, some on Wall Street grow concerned over future performance, causing hesitation for further investment in the tech sector. Ladenburg Asset Management CEO and Osaic Chief Market Strategist Phil Blancato joins Market Domination to give...
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Visa (V) Profit Climbs 17% as Consumer Credit-Card Spending Grows
Visa Inc. reported a quarterly profit that beat Wall Street predictions as US credit-card spending climbed. Adjusted net income for the...
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BlackLine Announces Date for First Quarter 2024 Earnings Release and Conference Call
LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the first quarter ended March 31, 2024 after market close on Tuesday, May 7, 2024 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay will be accessible on BlackLine’s investor relations website at https://investors.blackline.com/. To access the conference call by phone, please register here, and dial-in...
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Pinnacle Financial Partners, Inc. (PNFP) Q1 2024 Earnings Call Transcript
Pinnacle Financial Partners, Inc. (NASDAQ:NASDAQ:PNFP) Q1 2024 Results Conference Call April 23, 2024 9:30 AM ETCompany ParticipantsTerry Turner - Chief
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Biden-Harris administration announces rule to protect retirement savers’ interests by updating investment advice fiduciary definition
WASHINGTON – The Biden-Harris administration announced today that the U.S. Department of Labor has finalized its Retirement Security Rule to...
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Kiniksa Pharmaceuticals Ltd. (KNSA) Q1 2024 Earnings Call Transcript
Kiniksa Pharmaceuticals Ltd. (NASDAQ:NASDAQ:KNSA) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ETCompany ParticipantsRachel Frank - Associate
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Who Can You Trust for Retirement Advice? New Rules Strengthen Protections.
When you walk into a financial adviser’s office, you expect them to put your best interests above all else — in the same way a doctor would, rather than, say, a car salesperson. But many people don’t realize that the rules financial professionals must follow vary, depending on where they work and what products they’re selling. One of those federal regulations, which governs retirement plans, was just tightened: The Biden administration announced new rules Tuesday that will require more...
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Labor Department issues rule to crack down on bad retirement savings advice
The Biden administration issued a final "fiduciary" rule that aims to rein in conflicts of interest that officials say erode Americans' savings.
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General Motors stock is rising on strong earnings and sales
Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The automotive company also raised its full-year predictions and reported a reduction in the cost of batteries for its electric vehicles. The company announced that its earnings per share for the first quarter increased by 18.5% to $2.62, while its revenue grew nearly 8% to $43.01 billion. Analysts had predicted earnings of $2.13 per share with sales...
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Hibbett Sports to be acquired by British sports fashion company in $1.1 billion deal
The Birmingham-based sports apparel and equipment retailer’s outstanding shares sold to JD Sports for $87.50 per share in cash.