Tag Archives: Hits

Confidence among U.S. single-family home builders rose in January for the first time in a year, ending a 12-month stretch of declines and potentially signaling a turning point in the housing market. The National Association of Home Builders/Wells Fargo’s gauge of builder sentiment increased 4 points this month to 35, figures released Wednesday showed. Still, any figure below 50 is considered negative. “Probably past the worst, but a sustained improvement will have to wait,” Kieran Clancy,… Source link

AMC stock (AMC) slid almost 8% on Monday, hitting the lowest level since the meme stock frenzy began in January 2021. Shares closed at $4.89 each. The theater operator announced that it has so far raised $162 million through the sale of its APE (APE) units, a preferred equity program launched earlier this year, and has slashed its debt obligations by approximately $180 million this year through a combination of refinancing and repurchasing part of its debt at a discount. AMC stock is down… Source link

EV (electric vehicle) stocks are on the move today as third quarter earnings season approaches. Here are two big stories that have investors’ attention. Rivian announces a big recall Rivian (RIVN) shares are sliding today after the electric adventure truckmaker announced it would recall all of the vehicles it has produced thus far due to a safety issue. The recall affects around 13,000 vehicles Rivian has delivered to customers. The safety concern at issue is a nut that attaches the front… Source link

Albert Pujols is leaving Busch Stadium in the best way possible. The longtime St. Louis Cardinals star, in his final regular-season home game before retirement, drilled a home run against the Pittsburgh Pirates on Sunday afternoon. That marked No. 702 of his career. Pujols’ solo shot came off Roansy Contreras in the third inning, and tied the game 4-4. The ball went 409 feet and brought Pujols to 2,214 career RBIs — which ties him with Babe Ruth for second on the league’s all-time… Source link

U.S. stocks struggled for direction early Wednesday after the 10-year Treasury yield – a key economic linchpin – briefly spiked past 4%, hitting a closely watched level for the worst bond sell-off in decades. The S&P 500 was up a modest 0.1%, while the Dow Jones Industrial Average added 60 points, or around 0.2%. The Nasdaq Composite was off by 0.2%. Across the Atlantic, the Bank of England said it would carry out temporary purchases of long-dated U.K. government bonds, an emergency… Source link

Stephen F. Austin delivered the biggest blowout of the 2022 college football season on Saturday night. The Lumberjacks defeated the Warner Royals 98-0 in a game that was a rout before the first quarter was even over. Stephen F. Austin had 35 points after the first quarter and led 59-0 at halftime. Stephen F. Austin competes at the NCAA’s second-tier FCS level. Warner University, located in Lake Wales, Florida, is an NAIA school and plays three levels lower than the Lumberjacks. SFA had eight… Source link

(Bloomberg) — Investors are flocking to cash and shunning almost every other asset class as they turn the most pessimistic since the global financial crisis, according to Bank of America Corp. strategists. Most Read from Bloomberg Cash had inflows of $30.3 billion, while global equity funds saw outflows of $7.8 billion in the week through Sept. 21, the bank said in a note, citing EPFR Global data. Bond funds lost $6.9 billion, while $400 million left gold, the data showed. Investor sentiment… Source link

Housing affordability hasn’t been this bad since Ronald Reagan was president. It now takes 35.51% of the median household income to make a principal and interest payment on the median home with 20% down, according to figures mortgage technology and data provider Black Knight shared with Yahoo Money. That’s the highest payment-to-income ratio since October 1985 when it took 36.01% of household income to make that payment. Just in January, that ratio was 24.61%, below the long-term average… Source link

Albert Pujols crushed the 696th homer of his illustrious career on Saturday night, tying Alex Rodriguez for fourth on the all-time home run list. The St. Louis Cardinals legend now has 17 homers in a surprising 2022 resurgence, with time left to reach for 700. Facing JT Brubaker of the Pittsburgh Pirates, Pujols cranked a first-pitch slider 418 feet into the left-field stands. Albert Pujols climbing toward 700-homer club The year Pujols debuted in MLB, Barry Bonds hit 73 home runs on his way to… Source link

Cincinnati Reds outfielder Aristides Aquino entered MLB with a historic torrent of home runs, but his calling card these days can be located in his throwing arm. [It’s fantasy football season: Create or join a league now!] During the Reds’ game against the Philadelphia Phillies on Wednesday, Aquino unleashed one of the most impressive throws in MLB this year on what should have been an RBI double for Phillies catcher J.T. Realmuto. With Rhys Hoskins at first base, Realmuto hit a long fly ball… Source link