Seniors Paid $50.7 Billion in Income Taxes on Social Security in 2023. Could They Cost You in 2024?
https://www.fool.com/retirement/2024/05/24/seniors-paid-billions-income-taxes-social-security/?source=iedfolrf0000001
May 24, 2024 - These taxes are becoming more common every year, so do what you can to prepare yourself for them now.
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CATO Q1 Earnings Improve Y/Y on Lower Costs, Sales Down
https://www.zacks.com/stock/news/2278912/cato-q1-earnings-improve-y-y-on-lower-costs-sales-down?cid=CS-ZC-FT-analyst_blog|earnings_article-2278912
May 24, 2024 - CATO's Q1 2024 earnings soar to 54 cents per share despite a 6% decline in same-store sales, driven by effective cost controls and a significant rise in interest and other income.
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POOL Gains From POOL360 Platform, Expansion Amid High Costs
https://www.zacks.com/stock/news/2278878/pool-gains-from-pool360-platform-expansion-amid-high-costs?cid=CS-ZC-FT-analyst_blog|rank_focused-2278878
May 24, 2024 - POOL benefits from the POOL360 platform, expansion strategy and solid brand presence. However, softness in new pool construction and high costs remain a concern for the company.
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Schools that never needed AC are now overheating. Fixes will cost billions.
https://www.washingtonpost.com/climate-environment/interactive/2024/school-temperatures-heat-climate-change/
May 24, 2024 - As heat waves creep north, they are baking schools that previously did not need air conditioning. Fixing the problem will be neither cheap, nor easy.
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Ross Stores (ROST) Tops Q1 Earnings and Revenue Estimates
https://www.zacks.com/stock/news/2278266/ross-stores-rost-tops-q1-earnings-and-revenue-estimates?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_4-2278266
May 23, 2024 - Ross Stores (ROST) delivered earnings and revenue surprises of 8.96% and 0.64%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
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Pfizer (PFE) Starts Another Cost-Cut Plan to Save $1.5B by 2027
https://www.zacks.com/stock/news/2278173/pfizer-pfe-starts-another-cost-cut-plan-to-save-1-5b-by-2027?cid=CS-ZC-FT-analyst_blog|company_news_-_medical_sector-2278173
May 23, 2024 - This is the second cost-reduction program undertaken by Pfizer (PFE) in the past year. The first phase of this program is expected to save nearly $1.5 billion by 2027-end.
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Texas Capital's (TCBI) Strategic Actions Aid Amid High Costs
https://www.zacks.com/stock/news/2278122/texas-capital-s-tcbi-strategic-actions-aid-amid-high-costs?cid=CS-ZC-FT-analyst_blog|zer_report_update-2278122
May 23, 2024 - Texas Capital's (TCBI) benefits from growth in net interest income and loan balance. However, a rise in expenses, along with weak asset quality, acts as headwinds.
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Live Nation (LYV) Gains From Concert Demand Amid Cost Woes
https://www.zacks.com/stock/news/2278018/live-nation-lyv-gains-from-concert-demand-amid-cost-woes?cid=CS-ZC-FT-analyst_blog|rank_focused-2278018
May 23, 2024 - Live Nation (LYV) benefits from robust global fan demand for live events. However, high costs hurt.
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Truist's (TFC) Business Restructuring to Aid Amid Cost Woe
https://www.zacks.com/stock/news/2277994/truist-s-tfc-business-restructuring-to-aid-amid-cost-woe?cid=CS-ZC-FT-analyst_blog|zer_report_update-2277994
May 23, 2024 - Truist Financial (TFC) remains well-poised for top-line growth driven by loan demand and fee income growth, restructuring plans and higher rates. However, high costs and weak asset quality are woes.
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Embroiled in lawsuits from wildfires, Xcel faces tradeoffs of safety vs. cost
https://www.startribune.com/xcel-energy-wildfire-texas-colorado-lawsuit/600368087/
May 23, 2024 - Xcel's equipment has allegedly been a source for blazes in Colorado and Texas, but the public utility is one of many grappling with tough questions of how to prevent such disasters.
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