Posted on 6/8/20
Record $60B Credit Card Debt Paydown Before COVID-19 + Results by City – WalletHub Study
U.S. consumers were on track for a record year for debt repayment before the coronavirus pandemic, according to today’s 2020 Credit Card Debt Study from the . . .
Posted on 6/8/20
State Economies Most Exposed to Coronavirus – WalletHub Study
With most states starting to reopen some non-essential businesses but state economies reeling from the loss of revenue and the massive unemployment caused by COVID-19, WalletHub . . .
Posted on 6/8/20
U.S. Unemployment Was Down in May, But We're Not Out of the Woods
In April, the U.S. unemployment rate hit 14.7%, its highest on record. Economists feared the unemployment rate would climb even higher in May, what with millions . . .
Posted on 6/8/20
Why Sturm, Ruger & Company Stock Gained 17.2% Last Month
What happenedShares of Sturm, Ruger & Company (NYSE:RGR) gained 17.2% in May, according to data from S&P Global Market Intelligence. The stock popped after the company . . .
Posted on 6/8/20
Should You Buy Smith & Wesson's Outdoor Gear Spinoff?
American Outdoor Brands is now Smith & Wesson Brands (NASDAQ:SWBI) after the company officially changed its name and ticker symbol on June 1. The gunmaker is . . .
Posted on 6/7/20
Chubb Recognized by Eastbridge Consulting as a Voluntary Benefits Sales Growth Leader for the Second Year in a Row
AVON, Conn., June 05, 2020 (GLOBE NEWSWIRE) -- Eastbridge and Chubb today announced Chubb as a Voluntary Benefits Sales Growth leader in the mid-size category ($50 . . .
Posted on 6/7/20
Liberty All-Star Fund Appoints Portfolio Manager
The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has appointed Fiduciary Management, Inc. as one of the Fund's five investment managers effective June . . .
Posted on 6/7/20
Committee Supports DOL Action to Expand 401k Access to Private Equity
Earlier this week, the Department of Labor clarified that under existing law U.S. retirees with 401(k) plans can allocate a portion of their savings to investments . . .
Posted on 6/5/20
AbbVie, Harbour BioMed, Utrecht University and Erasmus Medical Center Announce Collaboration
AbbVie (NYSE:ABBV), Harbour BioMed (HBM), Utrecht University (UU) and Erasmus Medical Center (EMC) today announced they have entered into a collaboration to develop a novel antibody . . .
Posted on 6/5/20
Linden Ponds Resident Very Happy in her Apartment During Pandemic
Linden Ponds Resident says the staff is doing a fantastic job taking care of residentsLinden Ponds staff deliver food and items to residents in their apartmentsWhen . . .
Posted on 6/5/20
LISC Announces Grants To 79 Small Businesses Affected By COVID-19
The recovery grant program seeded by Citizens Bank provides relief to businesses across Massachusetts Local Initiatives Support Corporation (LISC) Boston announced today that 79 small businesses . . .
Posted on 6/5/20
Why Shares of General Electric Were Up Today
What happenedShares of General Electric (NYSE:GE) gained 5% on Thursday on growing optimism about a recovery in the airline industry. GE faced a number of challenges . . .
Posted on 6/5/20
Is Berkshire Hathaway a Buy While It's Down?
The stock market has rebounded nicely. After plunging by about 40% from its record highs in March as the COVID-19 pandemic worsened, the S&P 500 is . . .
Posted on 6/5/20
Why iRobot Stock Went Up in May
What happenedAt the end of April, consumer-robot company iRobot (NASDAQ:IRBT) reported earnings for the first quarter of 2020 that featured down revenue and a weak outlook. . . .
Posted on 6/5/20
Why Boston Beer Stock Rose 21% in May
What happenedBoston Beer (NYSE:SAM) shareholders outperformed a rallying stock market last month. The stock jumped 21% in May compared to a 4.5% increase in the S&P . . .
Posted on 6/5/20
Fed Removes Enforcement Action on State Street
The Federal Reserve has lifted an enforcement action it placed on State Street (NYSE:STT) back in 2015 after it found deficiencies with the bank's compliance risk . . .
Posted on 6/4/20
Abacus Health Products’ Shareholders Approve Arrangement with Charlotte’s Web
WOONSOCKET, R.I. & TORONTO--(BUSINESS WIRE)--Abacus Health Products, Inc. (CSE: ABCS, OTCQB:ABAHF) is pleased to announce that, at the special meeting (“Meeting”) of its shareholders (“Shareholders”) held . . .
Posted on 6/4/20
Fuze Simplifies Transition to Cloud Communications with Success Plans
BOSTON--(BUSINESS WIRE)--Fuze, the leading cloud-based communications provider for the modern global enterprise, today announced the launch of Fuze Success Plans, a packaged set of services, resources, . . .
Posted on 6/4/20
States Hit Hardest by Unemployment Claims – WalletHub Study
With nearly 43 million Americans losing their jobs during the COVID-19 pandemic and new unemployment claims this week higher than in the same week last year, . . .
Posted on 6/4/20
General Electric: Losers Stay Losing
SummaryGeneral Electric was a bad investment over the last couple of years, and ran into operational problems through 2019.In 2020, things got even worse, due to . . .
Posted on 6/4/20
State Street: Potential 11% Yield For Investors Willing To Look Through Headline Uncertainty
SummaryBlackRock looks to diversify custodians for c. $1 trillion in iShares assets currently held at State Street.However, the earnings impact is likely to be limited considering . . .
Posted on 6/4/20
Why Wayfair Stock Soared 38% in May
What happenedShares of Wayfair (NYSE:W) gained 38.3% in value last month, according to data provided by S&P Global Market Intelligence. For perspective, the S&P 500 index . . .
Posted on 6/7/20
Life on the Other Side – How Four Entrepreneurs are Embracing the Future
I recently facilitated a conversation among four entrepreneurs, each leading their organizations
Posted on 6/3/20
Study: Residents in Massachusetts Are Financially Hurting Less During COVID-19
Nearly nine in 10 Americans report that the COVID-19 pandemic is causing stress on their personal finances. Like the spread of the virus, financial shocks have . . .
Posted on 6/3/20
ReneSola Power and Nautilus Solar Energy Announce the Sale of a 10.4 MW Minnesota Community Solar Portfolio
In a joint statement today, ReneSola Ltd (NYSE: SOL), a leading fully-integrated solar project developer, and Nautilus Solar Energy, LLC, a leading national solar project acquisition, . . .
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