Category: Growth
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Aon reports solid Q2 growth, details NFP integration By Investing.com
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Aon plc (NYSE:), a leading global professional services firm, reported a robust second quarter in 2024, with total organic revenue growth of 6% and significant contributions from its recent acquisition of NFP. The company is successfully executing its 3×3 plan, focusing on Risk Capital and Human Capital solutions, and is…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Fed Is About to Nod at a Rate Cut as Job Growth Moderates
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Breadcrumbs Path Links PMN Business Federal Reserve officials appear poised to cut borrowing costs within months, a move that Chair Jerome Powell may signal next week as risks to the strong but moderate labor market mount. Article author: Bloomberg News Red Pickert Published on July 27, 2024 • Read for…
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Initial Atlanta Fed GDPNow growth tracker comes in at 2.8%
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The Atlanta Federal Reserve released its preliminary estimate of third-quarter GDP growth. It expects growth of 2.8% in the third quarter. In their own words: The GDPNow model’s preliminary estimate of real GDP growth (seasonally adjusted annual rate) in Q3 2024 is 2.8 percent On July 26. The preliminary estimate…
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Atlanta Fed GDPNow growth estimate for 2Q comes in at 2.6% vs 2.7% previously
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Atlanta’s GDP growth estimate for the second quarter is now 2.6% versus 2.7% previously. This will be the last modeled report for the second quarter. At 8:30 a.m., advanced GDP will be released. Economists’ survey estimates a lower figure of 2.0%. In their own words: The GDPNow model estimate for…
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UK data shows continued strong wage growth
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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IOG Unveils Explosive Growth In Key Metrics
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In a recent weekly report from Input Output Global (IOG), the engineering development company behind Cardano (ADA), a significant growth was recorded for Blockchain The report highlights notable achievements in total value locked (TVL), transactions, and the growing number of projects being built on the network. The thriving Cardano ecosystem…
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Earnings growth expectations ‘too aggressive’ for Q2 – JPM (S&P Complete Indices:SP500)
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Microstock Hub Analysts at JPMorgan said the consensus earnings forecast was too aggressive. With more than 60% of the market capitalization of the S&P 500 and STOXX 600 set to report in the next two weeks, earnings growth momentum is The global economy is expected to rebound, but the outlook…
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AVAX jumps 13% as gaming partnerships propel growth
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AVAX, the native token of the Layer-1 Avalanche blockchain, has seen a significant 13% increase over the past 24 hours, making it the biggest gainer among the top 100 cryptocurrencies by market cap. Currently, the token is trading at around $32.2 million, up 11.5% in the same period, with its…
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AVAX jumps 13% as gaming partnerships propel growth
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AVAX, the native token of the Layer-1 Avalanche blockchain, has seen a significant 13% increase over the past 24 hours, making it the biggest gainer among the top 100 cryptocurrencies by market cap. Currently, the token is trading at around $32.2 million, up 11.5% in the same period, with its…
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Stalled USDT Liquidity Threatens Bitcoin Price Further Growth
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Simelor Valeti is a cryptocurrency writer who specializes in journalism and content creation. Although he started out writing on a variety of topics, Simelor quickly developed a knack for navigating the complexities and intricacies of the exciting world of blockchain and cryptocurrencies. Simelor is drawn to the efficiency of digital…
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Euronet misses top-line and bottom-line estimates; reaffirms FY24 EPS growth outlook
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Press release from Euronet (NASDAQ: EFT): Non-GAAP EPS for the second quarter was $2.25. Error by $0.04. Revenue of $986.2 million (+5.0% year-over-year) Fails by $23.8 million. Adjusted EBITDA was $178.2 million, an increase of 7% compared to $165.8 million (up 10% on a constant currency basis). Cash and Euronet…
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ECB Held Rates Steady, Stressed Importance of Wage Growth in Next Decisions
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As expected, the European Central Bank left interest rates unchanged in its announcement this week and refrained from providing future guidance. European Central Bank President Lagarde and policymakers unanimously agreed to keep the deposit facility rate at 3.75% and the main refinancing operation rate at 4.25%. They indicated in their…
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UK pay growth slows but remains high for Bank of England By Reuters
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LONDON (Reuters) – British workers’ wage growth slowed in the three months to the end of May but remained at levels typically too high for the Bank of England to keep inflation at its 2 percent target. Average weekly earnings excluding bonuses – a key gauge of inflationary pressures for…
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ICYMI – Fed’s Beige Book eyes growth slowing, consumers tightening belts
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From the ForexLive Dictionary: The Beige Book is a report published by the Federal Reserve eight times a year that provides an overview of economic conditions in each of the 12 districts monitored by the Federal Reserve. The report is prepared using information from the Fed’s business contacts, economists, and…
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U.K. CPI Rate Held Steady in June but Services Price Growth Rate Remains Elevated
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As widely expected, UK annual inflation has decided to take a breather this summer, with the consumer price index (CPI) growth rate remaining unchanged at 2.0% year-on-year in June 2024, according to the latest figures from the Office for National Statistics. Link to UK Consumer Price Inflation: June 2024 the…
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Truist lowers Medtronic shares target, cites modest EPS growth By Investing.com
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On Tuesday, Truist Securities revised its price target for Medtronic Inc. (NYSE:), a global leader in medical technology, services and solutions, announced a price target adjustment to $85 from the previous $88 while maintaining a hold rating on the stock. The revision comes after examining Medtronic’s earnings outlook and position…
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ServisFirst Bancshares sees robust growth in Q2 By Investing.com
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ServisFirst Bancshares, Inc. (NYSE:) reported significant growth in deposits and loans in the second quarter and has an optimistic outlook for the remainder of the year. The company’s net interest margin improved, and despite increased non-interest expenses, it maintains strong capital and liquidity positions. The earnings call revealed expectations for…
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How the Celsius CEO turned a cult-favorite energy drink into a stock-market lightning rod with 6,000% growth
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John Fieldly, 44, is revved up. The CPA-turned-energy-drink evangelist is the president, CEO, and chairman of Celsius Holdings, the ubiquitous energy drink known for its proclaimed calorie-burning abilities—up to 140 calories per bottle consumed, the company claims. If that weren’t enough to endear itself to gym rats, it also comes…