CashNews.co Yahoo Sports AM is our daily newsletter that keeps you up to date on all things sports. Sign up here to get it every weekday morning. 🚨 Headlines 🏈 Jets fire Saleh: The Jets fired head coach Robert Saleh, replacing him with defensive coordinator Jeff Ulbrich in the interim. Saleh’s 20-36 record in New […]
NCAA mulling in-season action after Oregon’s controversial late-game situational move helped Ducks beat Ohio State #NewsUnitedStates
CashNews.co Oregon coaches exploited a loophole in the rulebook and it could result in in-season action from the NCAA. With 10 seconds left in the Ducks’ win over Ohio State on Saturday, the Buckeyes were driving to get into range for what would have been a game-winning field goal when Oregon called a timeout. After […]
Walgreens closing 1,200 stores over next 3 years, 800 more under evaluation #NewsUnitedStates
CashNews.co Walgreens Boots Alliance (WBA) announced more store closures Tuesday, as the retail pharmacy giant continues to face pressure from the growth of online prescription delivery platforms and ongoing retail constraints. Walgreens will close 500 stores next year, toward the end of the year, and reach a total of 1,200 store closings in the next […]
Magnetar Financial LLC Acquires New Stake in Comtech Telecommunications Corp #NewsUnitedStates
CashNews.co Introduction to the Transaction On October 17, 2024, Magnetar Financial LLC (Trades, Portfolio) marked a significant portfolio addition by purchasing 19,291,965 shares of Comtech Telecommunications Corp (NASDAQ:CMTL). This transaction introduced a new holding into the firm’s diverse investment portfolio, reflecting a strategic move in the technology sector. The shares were acquired at a price […]
Weak Financial Prospects Seem To Be Dragging Down SIA Engineering Company Limited (SGX:S59) Stock #NewsUnitedStates
CashNews.co SIA Engineering (SGX:S59) has had a rough three months with its share price down 2.1%. To decide if this trend could continue, we decided to look at its weak fundamentals as they shape the long-term market trends. In this article, we decided to focus on SIA Engineering’s ROE. Return on Equity or ROE is […]
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook #NewsUnitedStates
CashNews.co (Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC’s strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, raised its expectation for annual revenue growth and […]
Payments Get Interesting When Finance Teams Get Smarter #NewsUnitedStates
CashNews.co For decades, B2B payments were an unglamorous yet essential component of corporate finance. Now, B2B payments have started to become a little more glamorous as executives realize the keys to their kingdom are often buried in the back office. Businesses are re-evaluating the nature of financial transactions, moving toward systems that are not only […]
Carol Basile takes new role as Public Finance Officer #NewsUnitedStates
CashNews.co Crossposted from the DES Express Carol Basile has accepted the newly created role of Public Finance Officer (PFO) for King County. This new position manages the county’s $5 billion debt and $11 billion investment functions and is part of the Finance and Business Operations Division (FBOD) management team. “We created this position to ensure […]
Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls #NewsUnitedStates
CashNews.co Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” In a third-quarter earnings presentation Friday (Oct. 18), the auto lender said it had imposed stricter standards for borrowers by instituting tighter verification requirements for proving income and employment. “Our origination trends reflect a deliberate strategy to be increasingly selective in our underwriting with a […]
Ahead of U.S. election, financial advisors say public debt is top concern #NewsUnitedStates
CashNews.co Voters work on their ballot at a polling station at the Elena Bozeman Government Center in Arlington, Virginia, on September 20, 2024. – | Afp | Getty Images Many investors worry about how the outcome of the presidential election will impact their investments. But there’s another risk financial advisors are focused on — public […]