On Wednesday, Baird maintained a Neutral rating on Bank of America (NYSE:BAC) but increased the price target to $40 from the previous $38. This adjustment follows the bank's reported second-quarter earnings per share (EPS) of $0.90, surpassing the consensus estimate of $0.80 and Baird's expectation of $0.79. The financial institution's...

Bank of America stock target raised on strong Q2 results

New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

Leading executives from JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and PNC Financial Services express varied views on the economy, highlighting both potential risks and areas of growth. Jamie Dimon, CEO of JPMorgan Chase, urges caution due to hidden economic risks, with the bank’s CFO noting that loan demand...

Mixed Economic Signals from Top Bank Executives

Goldman Sachs analysts anticipate Apple Inc. (NASDAQ:AAPL) will surpass earnings expectations for the third quarter of fiscal 2024. They project Apple will report revenue of $85.1 billion, a 4% year-over-year increase, and earnings per share (EPS) of $1.36, compared to the FactSet consensus of $1.33. Goldman Sachs expects iPhone revenue...

Goldman Sachs expects Apple to post an earnings beat

The Motley Fool

Amazon, Walmart, and IBM could outperform many of the other Dow stocks.

These 3 Dow Stocks Are Set to Soar in 2024 and Beyond

Novartis posted second-quarter net sales and adjusted profit that beat analysts' expectations. The drugmaker upped its full-year core operating income outlook for the second time in as many quarters. Novartis now expects fiscal 2024 core operating income to grow by a mid- to high-teen-percentage rate, up from a low-double-digit to...

Novartis Falls Despite Earnings Beat, Guidance Raise

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Indiana State

Franklin, IN

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Roblox (NYSE: RBLX) went public via a direct listing on March 10, 2021, and its stock opened at $64.50. Investors were initially impressed by the gaming platform's rapid growth, and its stock hit an all-time high of $134.72 on Nov. 19, 2021. However, Roblox's stock now trades more than 70%...

1 Growth Stock Down 70% to Buy Right Now

The Australian Securities and Investments Commission has banned Shay Zakhaim and Anthony Anderson from carrying on a financial services business, either as a director or responsible manager, for three and five years respectively. Shay Zakhaim and Anthony Anderson are former directors and responsible managers of XTrade.AU Pty Ltd, which offered...

Australian regulator bans ex-XTrade execs Shay Zakhaim and Anthony Anderson

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Virginia State

Virginia fans of The Bold and the Beautiful are pretty much unified in their expectations of what will happen between Thomas Forrester (Matthew Atkinson) and Paris Buckingham (Diamond White), who recently announced their engagement.

The Bold and the Beautiful fans believe Thomas will dump Paris for Hope

Goldman Sachs issued a warning that an S&P 500 correction is imminent and advised investors against buying the dip. In a note to clients, an analyst at the investment bank highlights several indicators pointing towards a downturn in the market. He points out that July 17 typically marks the end...

Goldman Sachs says S&P 500 correction is coming, urges investors not to buy dip

Kiplinger

Wells Fargo stock is down despite reporting better-than-expected second-quarter earnings results. Here’s what you need to know.

Wells Fargo Stock Falls Despite Q2 Beat: Buy, Sell or Hold?

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

Business Times

Geopolitical tensions took center stage on Wall Street Wednesday after U.S. presidential candidate Donald Trump expressed reservations about defending Taiwan, sending ripples through the financial markets. The chipmaking sector bore the brunt of the fallout, with shares of major players tumbling and investors seeking refuge in safer assets like gold.

Trump's Taiwan Remarks Shake Wall Street; Chip Stocks Plunge Amid Geopolitical Concerns

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Despite its staggering resource pool and overall financial potential, Africa has continued to face several challenges when it comes to providing basic banking services to its 1.4 billion-strong population. In this regard, a report highlights that a staggering 70% of the world’s $1 trillion mobile money value is concentrated in...

Empowering Banking Services for Those Who Need It Most

NewsBreak

US Banks Signal Strength as Earnings Season Begins

Strong second-quarter earnings reports from major U.S. banks are injecting optimism into the stock market. These reports, traditionally the first movers of earnings season, are exceeding...

US Banks Signal Strength as Earnings Season Begins

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