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Inflation Hit 2.7% in November, Less Than Expected
WSJ· 2025-12-18 13:33
Core Insights - Consumer prices increased by 2.7% in November compared to the previous year, indicating a deceleration from the 3% rise observed in September [1] Group 1 - The inflation rate of 2.7% in November reflects a slowdown in consumer price growth [1] - The previous inflation rate of 3% in September serves as a benchmark for the current trend [1]
Broadcom stock is becoming Wall Street's favourite AI trade for 2026: here's why
Invezz· 2025-12-18 13:33
Broadcom stock (NASDAQ: AVGO) has emerged as a rare consensus pick among major Wall Street houses for 2026. Bank of America, JPMorgan, and Jefferies all point to custom AI chips and high-speed network... ...
Inflation pressures ease in November as consumer prices clock 2.7% annual rise
Yahoo Finance· 2025-12-18 13:32
Core Inflation Data - The Consumer Price Index (CPI) rose 2.7% year-over-year in November, lower than the expected 3.1% increase [1] - On a core basis, excluding food and energy, prices increased by 2.6% year-over-year, also below the anticipated 3.1% [2] Economic Context - The November inflation data is the first reading since October's report was canceled due to a government shutdown, providing no month-on-month comparisons [2][3] - In September, both headline and core CPI measures had risen by 3% compared to the same month the previous year [3] Federal Reserve Insights - The Federal Reserve aims for a 2% inflation target, with the latest core personal consumption expenditures (PCE) index showing a 2.8% increase year-over-year [4] - Economists predict that inflation pressures may ease as demand cools, potentially allowing the Fed to maintain its current interest rates [4][5] Market Expectations - Bank of America economists suggest that goods inflation may remain persistent due to tariffs, while services inflation could soften, impacting the Fed's decision-making [5] - Current market expectations indicate a 25% chance of a rate cut by the Fed in the upcoming January meeting [5][6]
CPI: Inflation pressures ease in November as consumer prices clock 2.7% annual rise
Yahoo Finance· 2025-12-18 13:32
Inflation pressures eased more than expected in November, according to the latest data on consumer prices published by the Bureau of Labor Statistics on Thursday. The Consumer Price Index (CPI) rose 2.7% over the prior year in November, less than the 3.1% increase that had been expected by economists, according to Bloomberg estimates. On a "core" basis, which strips out the more volatile costs of food and energy, prices rose 2.6% over the prior year in November. Economists had also expected to see a 3.1 ...
November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows
CNBC· 2025-12-18 13:31
Core CPI, which strips out volatile food and energy prices, was also cooler than anticipated, increasing 2.6% over 12 months. It was expected to have increased by 3%.The consumer price index rose at a 2.7% annualized rate last month, a delayed report from the Bureau of Labor Statistics showed. Economists polled by Dow Jones expected CPI to have risen 3.1%.Consumer prices rose less than expected in November, giving investors hope that inflationary pressures may be cooling enough for the U.S. monetary policy ...
Wasatch Micro-Cap Fund’s Updates on Pennant Group (PNTG)
Yahoo Finance· 2025-12-18 13:31
Group 1 - The Wasatch Micro-Cap Fund reported a return of 9.52% in Q3 2025, underperforming the benchmark Russell Microcap® Growth Index, which returned 19.93% [1] - The Pennant Group, Inc. (NASDAQ:PNTG) is highlighted as a key stock, with a one-month return of 13.43% and a 52-week gain of 7.66% [2] - The Pennant Group, Inc. reported revenue of $229 million in Q3 2025, reflecting an increase of $48.4 million or 26.8% from Q3 2024 [4] Group 2 - The Pennant Group operates a network of senior-living facilities and home-health agencies, focusing on purchasing underutilized assets to drive patient volumes [3] - Concerns regarding proposed Medicare reimbursement rates negatively impacted sentiment for The Pennant Group's stock, although expectations for a more favorable final rate structure could support recovery [3] - The number of hedge funds holding The Pennant Group increased from 27 to 30 in Q3 2025, indicating growing interest [4]
Worksport Reports Highest Monthly Revenue in Company History
Accessnewswire· 2025-12-18 13:31
Core Insights - Worksport Ltd. reported record monthly sales of $2.05 million for November 2025, indicating a strong revenue growth trend and margin expansion [1] Financial Performance - The company achieved approximately 30% gross margins in November 2025, reflecting effective cost management and operational efficiency [1]
374Water Announces the Appointment of Stephen J. Jones as Chairperson of the Board of Directors and Concurrent Management Open Market Purchases of SCWO Common Stock
Globenewswire· 2025-12-18 13:31
Core Viewpoint - 374Water Inc. has announced a reverse stock split of 1-for-10 to comply with Nasdaq listing rules and enhance its market appeal, alongside leadership changes and stock purchases by management [3][5][4]. Leadership Changes - Stephen J. Jones has been appointed as Chairperson of the Board of Directors, replacing Rene Estes, and he continues as Interim President and CEO [1][4]. - James Pawlowski has been appointed as Lead Independent Director [1]. Stock Purchase Activity - Stephen J. Jones completed an open market purchase of 450,000 shares of 374Water common stock, with additional purchases made by other management members [2][4]. Reverse Stock Split Details - The reverse stock split was approved at the special meeting of stockholders on December 15, 2025, and will take effect on December 26, 2025 [3][6]. - The split aims to maintain compliance with Nasdaq's minimum bid price requirement and attract a broader range of institutional and retail investors [5][6]. Company Overview - 374Water Inc. is a leader in organic waste destruction technology, providing solutions for wastewater treatment and waste management across industrial, municipal, and federal markets [7]. - The company's AirSCWO technology efficiently destroys a wide range of organic wastes, producing safe dischargeable water and recoverable heat energy [7].
Lakeland Fire + Safety Awarded Fire Equipment Tender by Argentina’s National Civil Aviation Administration ANAC
Globenewswire· 2025-12-18 13:31
Core Insights - Lakeland Industries, Inc. has been awarded a fire equipment tender by Argentina's National Civil Aviation Administration (ANAC) [1][2] - The contract includes a comprehensive range of fire protection equipment from multiple brands, highlighting Lakeland's integrated portfolio [3][4] Group 1: Contract Details - The tender requires a complete fire protection solution across various product categories, including Eagle structural suits, Veridian boots, Pacific fire helmets, and Lakeland proximity suits [3] - Financial terms of the agreement were not disclosed, indicating a potential confidentiality in the contract [1] Group 2: Competitive Advantage - Lakeland's ability to offer an integrated, multi-brand Fire + Safety portfolio was a key factor in securing the tender, developed through recent acquisitions and product expansion [3] - The company's sustained engagement with the Argentine fire service community allowed it to compete effectively against incumbent manufacturers and locally produced equipment [4] Group 3: Company Overview - Lakeland Fire + Safety manufactures a comprehensive line of protective clothing and accessories for various industries, including healthcare and first responders [5] - The company sells products globally, with a strategic network of distributors and partners across more than 50 countries, including significant markets like China, Canada, and the European Economic Community [5]
Lakeland Fire + Safety Awarded Fire Equipment Tender by Argentina's National Civil Aviation Administration ANAC
Globenewswire· 2025-12-18 13:31
Lakeland’s Integrated, Multi-Brand Fire + Safety Portfolio Key to Securing Contract Tender Includes Eagle Structural Suits and Gloves, Veridian Boots and Hoods, Pacific Fire Helmets and Lakeland Proximity Suits HUNTSVILLE, Ala., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced it has been awarded a fire equipment t ...