https://www.tipranks.com/news/the-fly/virtus-investment-price-target-raised-to-212-from-207-at-barclaysBarclays raised the firm’s price target on Virtus Investment (VRTS) to $212 from $207 and keeps an Underweight rating on the shares. The company’s Q3 earnings beat despite a miss in management fees and net flows, as modestly lower adjusted net income was helped by a lower share count, the analyst tells investors in a research note. The firm says management continues to be focused on new product development and capital allocation.Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>See the top stocks recommended by analysts >>Read More on VRTS: Source link
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(Bloomberg) — The US bond market, already stung by the worst selloff in six months, now heads into a crucial two-week stretch that will likely chart its course for the rest of the year. Most Read from Bloomberg A series of market-moving events are coming in rapid succession, kicked off by the Treasury Department’s announcement Wednesday on the scale of its coming debt sales and by monthly payroll figures Friday that will show whether the economy is cooling enough to justify further interest-rate cuts. That’s followed by even bigger ones next week: The Nov. 5 presidential election and, two days…
The Chevrolet Impala, a symbol of American automotive excellence, was already a sales sensation in 1963. Despite subtle styling changes, its popularity remained unwavering. Initially introduced in 1958 as a Bel Air variant, the Impala quickly ascended to the top of the Chevrolet lineup. Its sales skyrocketed, reaching a staggering one million units in 1965 when the new generation debuted. While the 1963 and 1964 model years primarily focused on mechanical enhancements, particularly with the introduction of larger engines to power the Super Sport, the Impala’s appeal extended beyond performance enthusiasts. Rare 1963 Chevrolet Impala SS with 409 Big Block…
The early third generation Plymouth Barracuda is renowned for its availability with Chrysler’s iconic big block V8s, the 440 cubic-inch Six Barrel and the 426 cubic inch HEMI. However, these high performance options were short lived, discontinued in 1971 due to emissions regulations. While the 1970-1971 Cuda remains highly sought after, its later counterparts are often overlooked. Despite lacking the raw power of their predecessors, these E-body rigs can be rare due to specific features. Last-Era Plymouth Barracuda: 1974 Classic with Rare Engine Combo and Iconic Mopar Color (Plymouth) The final-year 1974 Barracuda is particularly scarce, with only 11,734 units…
A select group of BMW X3 sport utility vehicles has been recalled in the United States due to a potential safety issue involving the rear cargo rails. The automaker has determined that the rails may become damaged in a rear end collision, leading to their detachment and increasing the risk of injury to rear passengers. The recall affects a limited number of G01 generation X3s produced between 2018 and 2022. BMW initiated the investigation after receiving reports of difficulties with a previous safety recall repair procedure. BMW X3 Recall Alert: Rear Cargo Rail Defect Prompts Safety Concerns for 2018-2022 Models…
This month, Realtor.com released its ranking of the top 10 cities with the lowest cost of living based on the latest regional price parities data from the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA).The regional price parities measure the differences in price levels of goods and services across states and metropolitan areas and are shown as a percentage of the overall national price level, the BEA states.Hannah Jones, senior economic research analyst at Realtor.com, tells CNBC Make It that it’s no coincidence that most of the cities on the list are in the South and the Midwest.”A big…
A 1970 Ford Torino SportsRoof, a classic muscle car known for its sleek design and powerful engine, recently sold at auction for a staggering $71,570. This particular model featured significant performance upgrades to its 429 ci Cobra Jet V8 engine, making it a highly sought after collectible. While the average selling price for similar cars is between $40,000 and $65,000, this exceptional example’s unique modifications and condition raised its value well above the norm. 1970 Ford Torino SportsRoof: Rare Muscle Car with Cobra Jet Engine Sells at Auction for $71K (Ford) The second generation Torino, introduced in 1970, boasted a…
Discover how Fidelity High Dividend ETF (FDVV) offers market-beating returns with lower risk through a diversified portfolio of high-quality dividend-paying… Source link
General Motors is issuing a recall for 1,962 2024 GMC Sierra EV electric trucks due to a defect in the headlamp component. A Marelli-produced LED driver module, part number 13559401, fails to provide the necessary brightness distinction between the turn signal and parking lamps, which could potentially lead to confusion among drivers. This issue was identified on August 21, 2024, and GM is now rectifying the problem by replacing the faulty modules at no expense to affected owners. The recall impacts vehicles manufactured between December 7, 2023, and September 9, 2024, and owner notification letters will be mailed on November…
My 9-month, 5.1% interest CD just expired.With rates falling and stocks at record highs, I’m conflicted on where to invest now.4 financial experts offered their advice — including a way to capitalize on both rates and stocks. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. At the start of 2023, I looked at my…