City Stamford, state Connecticut Financial News

24.03 / 20:19

markets Apple Tesla Research Trade President reports Tariff Worries: US earnings outlook for first quarter looks less rosy

Apple, Tesla and Ford Motor are among companies contributing the most to recently lowered estimates for the quarter, along with some insurers, whose projections have been hurt by fires in California early this year, according to Tajinder Dhillon, senior research analyst at LSEG. S&P 500 forecasts for the first quarter of 2025 have fallen by 4.5 percentage points since January 1, the largest downward revision since the fourth quarter of 2023, he said. Earnings growth for S&P 500 companies is now seen at 7.7% year-over-year, which would be the lowest since 2023's third quarter and a big decline from 17.1% in the fourth quarter of 2024, based on Friday's LSEG data. While a handful of companies have already reported on the quarter, the unofficial start of the first-quarter season is still weeks away.

17.03 / 09:25

UPS Strategy Pfizer patient medicines Vaccines Pfizer has a new playbook for reviving sales—and it’s starting to pay off

Subscribe to enjoy similar stories. Pfizer had a problem. Doctors weren’t prescribing its migraine drug Nurtec because they assumed insurance coverage would be too much of a hassle.

11.09 / 15:21

awards Universities Celebrity Schools Courts Colleges Baseball agent Tony Attanasio dies at 84, represented players from Bobby Valentine to Ichiro Suzuki

Tony Attanasio, a baseball agent since before the start of free agency whose clients ranged from Bobby Valentine to Ichiro Suzuki, has died

27.06 / 17:03

markets UPS FIVE Fighting Death Odyssey Courts The legal odyssey for OxyContin maker Purdue Pharma and its owners is complex. Here's what to know

The Supreme Court has rejected a settlement for OxyContin maker Purdue Pharma and members of the Sackler family who own the company

16.05 / 15:39

markets Progressive Fighting Strategy economy show track Dollar rebounds on hot US import prices

U.S. import prices increased 0.9% last month, a jump that raised market fears that the Federal Reserve's fight to tame inflation is not done and could delay plans for policymakers to cut interest rates. The market also was grappling with a drop in the number of Americans filing new claims for

09.02 / 19:36

Career JPMorgan Trade President country 2020 NewEdge Wealth opens Atlanta office with JPMorgan team hire

NewEdge Wealth has added a new office in Atlanta, Georgia, with the hire of a team formerly with J.P. Morgan Wealth Management.

14.12 / 17:17

Provident Platform Strategy NewEdge Capital hails record year for recruiting advisors, adds almost $10B AUM

NewEdge Capital Group says that 2023 has been a record-breaking year for growth, with advisors managing $9.6 billion in client assets joining its growing footprint.

04.12 / 17:09

Provident Death Immunic President country hospital US Supreme Court grapples with Purdue Pharma bankruptcy settlement case

By John Kruzel and Andrew Chung

14.11 / 03:41

Progressive Boeing Moodys Healthcare Bill reports 500 inflation data S&P 500 takes a pause ahead of U.S inflation data

After the indexes enjoyed a solid rally on Friday, the market turned its focus on Monday to Consumer Price Index (CPI) data, due out Tuesday morning. Economists expect a headline increase of 3.3% for October, easing from 3.7% in September.

27.10 / 12:33

Provident Mobile Comcast ESPN Customer Charter Communications misses estimates for broadband customer additions

(Reuters) — Charter Communications (NASDAQ:CHTR) missed market estimates for quarterly broadband customer additions and posted lower free cash flow on Friday, as it grappled with network expansion costs and tough competition in a saturated market.

10.08 / 13:09

Provident CEO Platform Strategy Enterprise performer Protegrity Unveils Leadership Changes to establish themselves as the Global Leader in Borderless Data Protection

Stamford, Connecticut, United States & Bengaluru, Karnataka, India – Business Wire India Protegrity, the global leader in data security and privacy, today announced Dante Malagrino has been appointed Chief Product Officer (CPO), and Christian Carnell has been appointed Chief Financial Officer (CFO). Reporting to Protegrity CEO Paul Mountford, Malagrino and Carnell will take on their new executive leadership roles in August to lead Protegrity’s next phase of growth.“We believe the market opportunity is massive, and that no one is better positioned than Protegrity to meet this moment," said Paul Mountford, CEO of Protegrity.

26.05 / 01:13

Bankruptcy genesis DCG DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News

TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.

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