Shares of Eastman Chemical ( EMN ) have been a very poor performer this year, losing about 42% of their value. Like much of the chemical sector, the company has struggled with very weak demand and excess supply, largely relatedOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s ...

Spotify forecast fourth-quarter profit above Wall Street expectations on Tuesday, betting on robust user growth and a boost from price hikes in the crucial holiday season. ...

Third quarter 2025 reported and adjusted* operating income decreased 7% and 10% compared to the third quarter 2024Third quarter 2025 reported and adjusted EPS were $2.61 and $2.75, compared with $2.83 and $3.05 in the third quarter 2024Adjusting full-year guidance for reported EPS to be in the range of $11.11 to $11.31 and adjusted EPS to be in the range of $11.10 to $11.30 WESTCHESTER, Ill., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solut ...

Core Points - Pacific Nickel Mines (PNM) subsidiary Pacific Nickel International (PNI) has agreed to sell 100% of its shares in the Kolosori nickel project to Green Rock under a share sale and purchase agreement (SPA) [1] - The Kolosori nickel project is located on Isabel Island and is a direct shipping ore nickel laterite project [1] - PNM holds an 80% stake in Pacific Nickel Mines Kolosori (PNMK), which is the owner and operator of the Kolosori nickel project [1] Financial and Legal Aspects - GRP & Associates has agreed to guarantee the buyer's obligations under the SPA [2] - A significant aspect of the transaction is the Glencore deed of release, which releases PNM from all liabilities under the Glencore secured facility agreement, currently guaranteeing $22 million (A$33.85 million) plus approximately $8.6 million in accrued interest [2][3] - The deed of release will become effective upon completion of the SPA and is a condition precedent to closing the transaction [3] Operational Context - PNM previously announced the cessation of operations at the Kolosori project due to operational challenges and a weak nickel price outlook in the short to medium term [5] - The PNM board concluded that entering into the SPA for the sale of the Kolosori nickel project is in the best interests of the company [5] Royalty Agreement - PNI has entered into a royalty agreement with Green Rock, entitling Pacific Nickel to a 1% royalty on nickel ore shipped from the Kolosori nickel project, contingent on monthly shipments exceeding 170,000 tonnes and the benchmark price on the Shanghai Metals Market averaging above $72 per tonne [4]

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Core Insights - Mortgage rates have increased, with the 30-year fixed mortgage rate rising to 6.12% and the 15-year fixed rate to 5.63% due to a 3% rise in 10-year Treasury yields over the past week [1] Current Mortgage Rates - The current national average mortgage rates are as follows: - 30-year fixed: 6.12% - 20-year fixed: 5.91% - 15-year fixed: 5.63% - 5/1 ARM: 6.50% - 7/1 ARM: 6.47% - 30-year VA: 5.64% - 15-year VA: 5.26% - 5/1 VA: 5.60% [5] Refinance Rates - The current national average refinance rates are generally higher than purchase rates, with the 30-year fixed refinance rate at 6.24% [16] Economic Outlook - Economists do not anticipate significant drops in mortgage rates before the end of 2025, with potential rate cuts from the Federal Reserve being uncertain [13][17] - The Federal Reserve has made rate cuts in 2025, with a 65% chance of another quarter-point cut predicted for the next meeting in December [14] Mortgage Payment Comparisons - A $400,000 mortgage at a 30-year term with a 6.12% rate results in a monthly payment of approximately $2,429, leading to $474,494 in interest over the term - Conversely, a $400,000 15-year mortgage at a 5.63% rate results in a monthly payment of about $3,296, totaling $193,279 in interest [8]

Core Insights - HELOC rates are currently below 8% nationally, with Bank of America recently reducing its average rate by a quarter point, indicating a favorable time for homeowners to consider obtaining a HELOC [1][2] - The average weekly HELOC rate is reported at 7.75%, which has decreased by more than a quarter point since the start of the year, reflecting a trend of declining rates [2] - Homeowners have over $34 trillion in home equity, marking the third-largest amount on record, suggesting significant potential for HELOC utilization [2] HELOC Rate Dynamics - HELOC interest rates differ from primary mortgage rates, typically based on an index rate plus a margin, with the current prime rate at 7.00% [4] - Lenders have flexibility in pricing HELOCs, and rates can vary significantly based on credit scores, debt levels, and the credit line relative to home value [5][10] - Introductory rates for HELOCs can be below market rates but may only last for a limited time before adjusting to a higher variable rate [5][8] Utilization and Benefits - Homeowners can access home equity without relinquishing low-rate primary mortgages, making HELOCs a viable option for tapping into home value [6][11] - The structure of HELOCs allows homeowners to borrow as needed, only paying interest on the amount drawn, which can be beneficial for managing cash flow [9] - HELOCs can be used for various purposes, including home improvements and personal expenses, but caution is advised to avoid long-term debt [11] Payment Structure - For a $50,000 HELOC at a 7.50% interest rate, the monthly payment during the draw period would be approximately $313, but rates are typically variable, leading to potential increases in payments over time [12]

Core Insights - Money market accounts (MMAs) offer higher interest rates compared to traditional savings accounts, providing liquidity and flexibility for long-term savings [1][3] - The national average interest rate for MMAs is currently 0.59%, while the best rates exceed 4% APY, with some accounts offering rates above 5% APY [3][7][13] - Historical fluctuations in MMA rates are closely tied to changes in the Federal Reserve's target interest rate, with significant drops following the 2008 financial crisis and the COVID-19 pandemic [4][5][6] Interest Rate Trends - Following the 2008 financial crisis, MMA rates fell to between 0.10% and 0.50% due to the Fed's near-zero federal funds rate [5] - The Fed's gradual interest rate increases post-recession led to higher MMA yields, but the COVID-19 pandemic caused another decline in rates [6] - Starting in 2022, aggressive interest rate hikes by the Fed resulted in historically high MMA rates, with many accounts offering rates of 4.00% or higher by late 2023 [7] Current Market Conditions - As of now, MMA rates remain high by historical standards but are beginning to decline following recent Fed rate cuts [8] - Online banks and credit unions are currently offering the highest MMA rates [8] Considerations for Choosing MMAs - When selecting an MMA, factors such as minimum balance requirements, fees, and withdrawal limits should be considered alongside interest rates [9][10] - Some MMAs may require a minimum balance of $5,000 or more to earn the highest rates, and monthly maintenance fees can reduce interest earnings [10] - It is crucial to ensure that the chosen account is insured by the FDIC or NCUA, which protects deposits up to $250,000 per institution [11]

Core Insights - Cirrus Logic, Inc. is a semiconductor company specializing in audio and voice signal processing components, serving markets such as mobile communications, automotive, and consumer electronics [1] - The company is set to release its quarterly earnings on November 4, 2025, with analysts estimating an EPS of $2.37 and projected revenue of approximately $540.5 million, while the Zacks Consensus Estimate predicts a slightly higher EPS of $2.40 [2][6] - Cirrus Logic has been upgraded to a Zacks Rank 1 (Strong Buy), indicating increased optimism about its earnings prospects and potential upward movement in stock price [3][6] - Despite a projected decline in revenue, the company is expected to report a year-over-year increase in earnings for the quarter ending September 2025, with market attention on whether it can surpass these expectations [4] - Financial metrics indicate a P/E ratio of approximately 19.39, a price-to-sales ratio of about 3.49, and a strong current ratio of 6.58, reflecting the company's financial health and conservative debt usage [5][6]

Core Insights - High-yield savings account rates are declining, but some accounts still offer rates above 4% APY, making it essential for consumers to research competitive offers [1][2] Group 1: Current Savings Rates - The average interest rate on traditional savings accounts is only 0.40%, while the highest savings account rate available is 4.05% APY from 316 Financial, with no minimum opening deposit required [2] - High-yield accounts typically offer significantly higher rates compared to traditional savings accounts [2] Group 2: Historical Trends - From 2010 to 2015, savings account interest rates were extremely low, ranging from 0.06% to 0.10%, primarily due to the 2008 financial crisis and the Federal Reserve's near-zero target rate [3] - Interest rates began to rise gradually from 2015 to 2018 but remained low historically; the COVID-19 pandemic in 2020 caused another sharp decline, bringing rates down to around 0.05% to 0.06% by mid-2021 [4] - Since 2021, savings account rates have recovered significantly due to the Federal Reserve's interest rate hikes in response to rising inflation, but recent cuts in the federal funds rate have led to declining deposit rates [5] Group 3: Savings Account Suitability - High-yield savings accounts are suitable for short-term savings goals, such as emergency funds or vacations, allowing easy access to funds [6] - For long-term goals like education or retirement, savings accounts may not provide sufficient returns compared to market investments [5]