Health insurer Elevance Health (NYSE: ELV), formerly known as Anthem, has certainly been a huge winner in the past 10 years. A $10,000 investment made in the stock a decade ago would now be worth nearly $84,000, which is good enough for a 23.7% compound annual growth rate. Late last month, Elevance Health reported its financial results for the second quarter, ended June 30.
The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or trigger a recession with companies and households pushed into default through a broad credit crackdown. Instead, the Fed is wrestling with an economy that has sloughed off tight monetary policy to such a degree that U.S. central bank officials are without a clear view of what to expect and divided over issues like productivity, the economy's underlying potential, and even whether the current policy interest rate is as restrictive as imagined when they called off further hikes. A recently updated Fed index of overall financial conditions showed there was virtually no impact on economic growth right now from the central bank's monetary policy or the broader credit conditions it is intended to influence.
Cabinet votes to leave historic Bute House agreement after government abandons emissions target
British retailers suffered their worst April for sales since 2020, when the country was in its first COVID-19 lockdown, although the timing of the Easter holidays could be to blame, a survey showed on Thursday. The Confederation of British Industry's (CBI) monthly retail sales gauge, which measures volumes versus a year ago, fell to -44 from +2 in March. "April’s sharp fall in retail sales was likely related to the earlier timing of Easter this year, so we should take it with a pinch of salt," Alpesh Paleja, CBI lead economist, said.
The NFL draft has arrived! Here's the complete list, round by round, of the draft order for this year's event in Detroit.
The rapper refused to be critical of Swift when asked to by Trippie Redd
The boss of Sainsbury’s has insisted customers like self-checkout tills, even as other supermarkets ditch them because of a backlash.
UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions. The path to electrification by the package delivery giants is critical to U.S. President Joe Biden's transportation climate goals. Achieving that aim, however, is hampered by battery shortages that are limiting EV supplies and keeping prices high, and by startup electric van makers that are running out of money and shutting down.
U.S. issuers and other firms expect the Securities and Exchange Commission to deny their applications to launch exchange-traded funds (ETFs) tied to the price of ether after discouraging meetings with the agency in recent weeks, four people said. VanEck, ARK Investment Management and seven other issuers have filed with the SEC to list ETFs that would track the spot price of the world's second-largest cryptocurrency after bitcoin. The SEC must decide on VanEck's and ARK's filings, which are first in line, by May 23 and May 24 respectively.
More than 100,000 more shoplifting offences were recorded in 2023 than the previous year, figures reveal
Mexican cement-maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimate of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimate of $4.19 billion, despite volumes falling in all of its product segments.
Q1 2024 SEI Investments Co Earnings Call
Chemicals maker Dow beat first-quarter profit estimates on Thursday, helped by higher sales volumes as global manufacturing activity shows signs of growth. China's manufacturing activity expanded for the first time in six months in March while U.S. manufacturing grew for the first time in about 18 months, benefiting Dow whose products are used in a range of industries.
All right, who’s for mixed doubles? Cinema has brought us love triangles in the world of professional tennis before – perhaps most memorably in George Cukor’s Pat and Mike and Woody Allen’s Match Point. But the sheer racquet-twanging steaminess of Luca Guadagnino’s new entry in the canon makes its forerunners look like games of back-garden swingball. Challengers must be the most purely pleasurable film of the year so far. Like a great tennis match, it’s a clash of sleekly honed bodies and minds,
In a lawsuit filed Wednesday, a former employee of Russell Salvatore has accused the restaurant owner of sexual harassment, discrimination and wrongful termination.
Meta plunged 12.9% in premarket trading after the Facebook-parent forecast higher expenses and lighter-than-expected revenue and raising fears the surging cost of AI is outpacing its benefits. Shares of some other growth stocks also fell, with Alphabet, Amazon.com and Microsoft down between 1.5% and 2.7%.
An 18-year-old from Sudan has been arrested while a 19-year-old man was released without charge over the incident.
The Scottish First Minister has called time on the Bute House Agreement.
Whether you're planning a wedding guest outfit or your summer holiday looks, these are the dresses you should know about from Marks & Spencer.
Q1 2024 Prosperity Bancshares Inc Earnings Call
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