morningstar_com108d ago
Best-Equity-Etfs
These exchange-traded funds that invest in stocks earn Morningstar’s top rating.
#STOCKS#COMMODITIES
Financial News
philstar108d ago
Aboitiz Foods celebrates empowered women in food and agribusiness
This Women’s Month, Aboitiz Foods launches “HERstory: The Women Who Make Things Happen.”
#COMMODITIES
seekingalpha108d ago
The Trump Administration's Affordability Plan
The economy was among one of the focal areas of President Donald Trump’s State of the Union address last month. Read more here.
#ECONOMY
nbcphiladelphia108d ago
U.S. employers cut 92,000 jobs last month as unemployment rate rises to 4.4%
American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%.The Labor Department reported Friday that hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs. Economists had expected 60,000 new jobs in February.Revisions also cut 69,000 jobs from December and January payrolls.The job market had been expected to rebound this year from a lackluster 2025 when the economy, buffeted by President Donald Trump’s erratic tariff policies and the lingering effects of high interest rates, generated just 15,000 jobs a month.Construction companies cut 11,000 jobs last month, which likely reflects frigid weather. And healthcare firms shed 28,000 jobs after a four-week strike by more than 30,000 nurses and other front-line workers at Kaiser Permanente in California and Hawaii.The outlook for the job market – and the entire economy – is clouded by the war with Iran.Employers were reluctant to hire last year because of uncertainty over Trump’s tariffs – and the unpredictable way he rolled them out.High interest rates, engineered by the Federal Reserve to combat a burst of inflation following the COVID-19 pandemic, also weighed on the job market in 2025.The impact of Trump’s aggressive trade policies may recede in 2025. His import taxes became smaller and less erratic after he reached a trade truce last year with China and deals with leading U.S. trade partners such as Japan and the European Union. A lot of businesses have also learned how to offset the costs of the tariffs, often by passing them along to customers via higher prices.Businesses needed “a year to bake some of those costs into their business model, and now it’s time to get back to growth mode,’’ said Andy Decker, CEO of Atlanta-based Goodwin Recruiting.The Supreme Court has also struck down the biggest and boldest of Trump’s tariffs – though he is replacing them with new ones.Still, hiring continues to lag far behind the hiring boom of 2021-2023 when the economy was bouncing back from pandemic lockdowns and the United States was adding nearly 400,000 jobs a month. Many economists describe today’s job market as “no-hire, no-fire’’: Companies are reluctant to add workers but don’t want to let go of the ones they have.Luckily, achieving good-enough job growth is easier these days.Until a year or two ago, employers needed to hire well over 100,000 people a month to keep the unemployment rate from rising.But Baby Boomer retirements and Trump’s deportations mean there are fewer people competing for work. So the break-even point is much lower – anywhere from zero to 50,000 jobs a month, said Joe Brusuelas, chief economist at the tax and consulting firm RSM. “Under the current conditions, 70,000 should be considered solid,’’ he said.Companies may be holding off on hiring as they buy, install and figure out how best to use new technologies, including artificial intelligence. AI, after all, potentially means they “can do more with less’’ and will need fewer workers, especially for entry-level positions, Brusuelas said.They are thinking, he said, “we’ve invested an awful lot of money in (capital expenditures), and we need to see how much we can produce with our current labor force... The last thing you want to do is hire a lot of young people and then let them go.’’_____AP Economics Writer Christopher Rugaber contributed to this report.
#ECONOMY
americanbankingnews108d ago
25,696 Shares in Varonis Systems, Inc. $VRNS Acquired by Elo Mutual Pension Insurance Co
Elo Mutual Pension Insurance Co acquired a new stake in Varonis Systems, Inc. (NASDAQ:VRNS – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 25,696 shares of the technology company’s stock, valued at approximately $1,477,000. Other institutional investors have also added to or reduced their stakes in the company. Bessemer Group Inc. [...]
#STOCKS
americanbankingnews108d ago
Elo Mutual Pension Insurance Co Invests $1.08 Million in Alarm.com Holdings, Inc. $ALRM
Elo Mutual Pension Insurance Co bought a new stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,246 shares of the software maker’s stock, valued at approximately $1,075,000. A number of other hedge [...]
#STOCKS
americanbankingnews108d ago
Elo Mutual Pension Insurance Co Invests $1.08 Million in Taylor Morrison Home Corporation $TMHC
Elo Mutual Pension Insurance Co bought a new stake in Taylor Morrison Home Corporation (NYSE:TMHC – Free Report) during the third quarter, according to its most recent filing with the SEC. The firm bought 16,388 shares of the construction company’s stock, valued at approximately $1,082,000. Other institutional investors also recently added to or reduced their [...]
#STOCKS
americanbankingnews108d ago
Elo Mutual Pension Insurance Co Purchases Shares of 13,677 Cabot Corporation $CBT
Elo Mutual Pension Insurance Co purchased a new position in shares of Cabot Corporation (NYSE:CBT – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 13,677 shares of the specialty chemicals company’s stock, valued at approximately $1,040,000. Other institutional investors have also recently modified their holdings of the company. Royce & Associates [...]
#STOCKS
americanbankingnews108d ago
Elo Mutual Pension Insurance Co Takes Position in Visteon Corporation $VC
Elo Mutual Pension Insurance Co acquired a new position in Visteon Corporation (NASDAQ:VC – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 10,576 shares of the company’s stock, valued at approximately $1,268,000. Other large investors have also recently bought and sold shares of the company. Amundi increased its holdings in Visteon by [...]
#STOCKS
americanbankingnews108d ago
Fisher Asset Management LLC Grows Stock Position in Gilead Sciences, Inc. $GILD
Fisher Asset Management LLC increased its holdings in Gilead Sciences, Inc. (NASDAQ:GILD – Free Report) by 143.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 26,052 shares of the biopharmaceutical company’s stock after purchasing an additional 15,352 shares during the quarter. Fisher Asset Management LLC’s holdings in Gilead Sciences were worth $2,892,000 at the [...]
#STOCKS
americanbankingnews108d ago
Elo Mutual Pension Insurance Co Acquires New Position in Ingredion Incorporated $INGR
Elo Mutual Pension Insurance Co acquired a new stake in shares of Ingredion Incorporated (NYSE:INGR – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 10,740 shares of the company’s stock, valued at approximately $1,311,000. Several other large investors have also recently modified their holdings of the business. Norges Bank bought a new [...]
#STOCKS
americanbankingnews108d ago
Elo Mutual Pension Insurance Co Has $1.10 Million Position in Fortive Corporation $FTV
Elo Mutual Pension Insurance Co trimmed its position in Fortive Corporation (NYSE:FTV – Free Report) by 38.7% during the third quarter, HoldingsChannel.com reports. The fund owned 22,381 shares of the technology company’s stock after selling 14,148 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Fortive were worth $1,096,000 at the end of [...]
#STOCKS