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Average rate on a 30-year mortgage edges above 7%, according to Freddie Mac, reaching its highest level in 8 months
Market Updates

Average rate on a 30-year mortgage edges above 7%, according to Freddie Mac, reaching its highest level in 8 months

MCCLEAN, Va. (AP) — Average rate on a 30-year mortgage edges above 7%, according to Freddie Mac, reaching its highest level in 8 months. View Comments

  • January 16, 2025 09:01 AM PST
  • EODHD
How the Vanguard Group Affects Dow Inc. (NYSE:DOW)’s Shareholder Landscape
Metal & Mining Stocks

How the Vanguard Group Affects Dow Inc. (NYSE:DOW)’s Shareholder Landscape

Highlights,Institutional investors hold 70% of Dow Inc. shares.,Vanguard Group holds the largest single stake at 12%.,The general public holds 29%, with a collective impact on company decisions.,Dow Inc. has witnessed significant institutional backing, wi...

How ABM Industries' (NYSE:ABM) Earnings Growth Outpaces Its Industry Peers
Industrial Stocks

How ABM Industries' (NYSE:ABM) Earnings Growth Outpaces Its Industry Peers

Highlights,ABM Industries saw a 22% increase in net income over the past five years.,The company's return on equity stands at 4.6%, below the industry average of 12%.,ABM retains 72% of earnings for growth, balancing dividends with reinvestment.,ABM Indus...

Alcoa Corporation (NYSE:AA) Analyzing Revenue Growth Against Market Expectations
Metal & Mining Stocks

Alcoa Corporation (NYSE:AA) Analyzing Revenue Growth Against Market Expectations

Highlights,Alcoa has a 0.9x price-to-sales ratio, below the industry median.,Revenue grew 3.6% last year, but declined 1.8% over the past three years.,Alcoa’s projected annual revenue growth of 9.2% outpaces the industry’s 6.7%.,Alcoa Corporation, a signi...

Johnson & Johnson (NYSE:JNJ) A Deep Dive Into Shareholder Performance
Healthcare Stocks

Johnson & Johnson (NYSE:JNJ) A Deep Dive Into Shareholder Performance

Highlights,Johnson & Johnson share price down 12% in the last 90 days.,Earnings per share has dropped by 3.3% annually over the past three years.,Total shareholder return for the last three years stands at -5.1%, considering dividends.,Johnson & Johnson h...

Understanding Forestar Group’s (NYSE:FOR) Consistent Revenue Growth
Infrastructure and Real Estate

Understanding Forestar Group’s (NYSE:FOR) Consistent Revenue Growth

Highlights,Forestar Group achieved 21% annual growth in earnings per share (EPS).,Revenue increased by 5.0%, reaching US$1.5 billion.,EBIT margins remained stable, reflecting operational efficiency.,Forestar Group Inc. a prominent company in the real esta...

Ripple’s XRP Fueling Crypto’s Growth with Key Partnerships and Regulation Shifts
Cryptocurrency

Ripple’s XRP Fueling Crypto’s Growth with Key Partnerships and Regulation Shifts

Highlights,XRP has outperformed all top 10 cryptocurrencies in the last 90 days.,Ripple’s legal victory and SEC leadership changes boost XRP’s prospects.,Ripple's new RLUSD stablecoin and a possible Spot XRP ETF are catalysts for growth.,Cryptocurrency,ha...

Crypto Regulation Shift Trump’s SEC Appointees Tackle Industry Challenges
Cryptocurrency

Crypto Regulation Shift Trump’s SEC Appointees Tackle Industry Challenges

Highlights,Trump’s SEC leadership expected to revamp crypto regulations.,Crypto-friendly appointments set to replace Gensler’s crackdown.,SEC to reconsider enforcement actions and set clearer guidelines for crypto.,Cryptocurrency,regulation is set to unde...

Trump Administration Signals Change in Crypto Regulation
Cryptocurrency

Trump Administration Signals Change in Crypto Regulation

Highlights,SEC under new leadership may freeze or withdraw pending crypto cases.,Changes in SEC rules could bring clarity on when cryptocurrencies qualify as securities.,Optimism in the crypto market rises due to potential regulatory shifts.,Cryptocurrenc...

Cryptocurrency Bulls in Action How U.S. CPI Data Impacts Bitcoin & Ether
Cryptocurrency

Cryptocurrency Bulls in Action How U.S. CPI Data Impacts Bitcoin & Ether

Highlights,S. CPI data boosts cryptocurrency market capitalization by 3.35%.,Bitcoin (BTC) crosses $30,000, driving retail and institutional interest.,Increased integration of digital currencies in traditional finance.,Cryptocurrency,markets have seen a s...