In 2024, annuity sales rose 13% from the year prior, reaching 434 billion, according to research and consulting organization Limra. The firm says favorable economic conditions and growing investor awareness around annuities helped propel that growth. But our next guest says that annuities are not for everyone.Here with more we've got John Shrewsbury who is the Gen Wealth Financial Advisors co-owner and managing principal. John, good to have you here with us. So let's start with exactly what annuities are fo ...

Core Insights - ABM reported a return to organic revenue growth in its Business & Industry segment, achieving 3.8% organic revenue growth and a total revenue increase of 4.6% to $2.1 billion for the second quarter of fiscal 2025 [2][4][7] - The company secured $1.1 billion in new bookings, marking an 11% year-over-year increase, indicating strong market positioning and innovation focus [2][4] - Adjusted net income rose to $54.1 million, or $0.86 per diluted share, compared to $52.3 million, or $0.82 per diluted share, in the prior year [6][7] Financial Performance - Revenue for the second quarter increased to $2.1 billion, driven by 3.8% organic growth and a 0.8% contribution from acquisitions [4][7] - Net income for the quarter was $42.2 million, or $0.67 per diluted share, down from $43.8 million, or $0.69 per diluted share, in the prior year [5][7] - Adjusted EBITDA for the period increased to $125.9 million, maintaining an adjusted EBITDA margin of 6.2% [8][7] Segment Performance - The Business & Industry segment grew by 3%, supported by recovery in the U.S. prime office space market [4][28] - The Manufacturing & Distribution segment saw a 2% increase, attributed to new client wins and favorable comparisons to the prior year [4][28] - Technical Solutions and Aviation segments reported significant revenue increases of 19% and 9%, respectively, with Technical Solutions benefiting from higher microgrid revenue [4][28] Cash Flow and Liquidity - Net cash provided by operating activities was $32.3 million, a decrease from $117.0 million in the prior year, primarily due to elevated working capital related to the ERP transition [9][23] - Free cash flow for the quarter was $15.2 million, down from $101.4 million in the previous year [9][32] - The company had total indebtedness of $1.6 billion and available liquidity of $657.8 million at the end of the second quarter [10][9] Outlook - ABM reaffirmed its fiscal year 2025 adjusted EPS outlook in the range of $3.65 to $3.80, with an unchanged projected adjusted EBITDA margin of 6.3% to 6.5% [12][7] - The company remains optimistic about core markets, particularly high-quality office buildings, manufacturing and distribution facilities, and commercial aviation [2][12]

Core Viewpoint - The consumer staples sector has performed well, but Clorox has struggled, with its stock down 19% year-to-date, indicating potential investment opportunities despite challenges [1][3]. Company Challenges - Clorox has faced several challenges, including noncash impairment charges, a costly cyberattack, and difficulties in managing supply chains amid economic uncertainty and high inflation [3]. - The transition to a cloud-based ERP system has added costs but is expected to improve efficiency starting in 2026 [4]. Financial Performance - Clorox has shown improvement with 10 consecutive quarters of gross margin expansion, recovering from a significant drop in 2022 due to overestimating pandemic demand [5][6]. - Despite recent challenges, Clorox expects strong fiscal 2025 earnings guidance of $5.73 to $6.13, indicating a low P/E ratio of 19 based on the lower end of its adjusted range [11]. Strategic Outlook - Clorox's IGNITE strategy aims to enhance its product portfolio and internal operations while considering environmental, social, and governance factors [13]. - The company has a solid foundation with a lineup of category-leading brands, positioning it for future growth [13]. Dividend and Valuation - Clorox has a dividend yield of 3.7%, significantly higher than the broader consumer staples sector's 2.4%, showcasing its value for passive income [15][14]. - The company's dividend yield is currently inflated compared to its historical average due to stock price declines [17]. Investment Recommendation - Clorox is considered a strong buy for risk-averse investors seeking reliable dividend income, with expectations for sustained higher margins despite macroeconomic challenges [18].

Core Insights - Federal Life Insurance Company has acquired Texas Service Life Insurance Company, enhancing its position in the preneed insurance market and demonstrating a commitment to growth and innovative solutions for families [1][3] - The acquisition is seen as a strategic move to address an underserved market, with Federal Life aiming to redefine how families prepare for the future through exceptional service and innovative preplanning opportunities [3][4] - Federal Life holds an A- (Excellent) rating from AM Best and is backed by Bain Capital, indicating a strong financial foundation for future growth in the preneed insurance sector [2] Company Overview - Federal Life Insurance Company focuses on innovative insurance solutions that protect individuals and families throughout their lives, emphasizing financial strength and stability [5] - Texas Service Life Insurance Company has been operational since 1985, known for its reliability and strong financial foundation in the insurance industry [6] Leadership and Strategy - Knut Olson, CEO of Federal Life, emphasizes the importance of preneed insurance as a vital product for families and the company's readiness to drive industry change [3] - George Wise has been appointed as President of Texas Service Life, tasked with leading a national expansion strategy that prioritizes accessibility and financial security for families [3][4]

海西房产网（微信公众号：fjhxfcw）消息：为稳定市场预期，促进房地产市场平稳健康发展，6月3日，福 州市自然资源和规划局公布2025年第三批拟出让住宅用地清单。 供地清单显示，2025年第三批拟出让住宅用地10幅，总面积23.5108公顷（352.66亩）。其中，鼓楼区1幅， 台江区2幅，晋安区5幅，仓山区2幅。 10幅地块当中，就包含 备受关注的宁化新村及周边出让地块一、地块二，总面积5.067公顷，折合76.005 亩。 地块紧邻红星美凯龙、宝龙广场等成熟商圈，商业氛围浓厚。地块东侧毗邻白马河公园，南侧靠近闽江公 园，生态环境良好。周边分布宁化小学、华侨中学等优质教育配套。 通过福州市自然资源和规划局发布的福州宗地2025-10号、福州宗地2025-16号航拍示意图可以看到， 规划 的福州地铁8号线将在福州宗地2025-16号沿"浦西路"一侧建设"义洲站"。 两幅地块详细信息如下： 福州宗地2025-10号：面积30.57亩 福州宗地2025-10号地块二位于台江区宁化支路北侧，宁化新村及周边出让地块二。用地面积：2.038公顷 （30.57亩），容积率：1.0以上、3.83以下（含3.83）； 土地 ...

Creating an estate plan is necessary process. To do it effectively, however, you need to make sure you consider taxes and estate laws, select the right team, communicate your plan, and more. The latest 5 Questions with Fidelity looks at the most common mistakes people make when creating an estate plan and shows you how to avoid them. 00:00 Welcome to 5 Questions with Fidelity 00:21 What are the biggest mistakes people make with estate planning? 01:36 How can you minimize gift, estate, and inheritance taxes? ...

The new year is a great time to revisit your financial plan and make sure all aspects of your financial house are in order. Join the Insights from Fidelity Wealth Management℠ team as we address this broad subject. Specific topics we'll cover include: - Choosing short, medium, and long-term goal and strategies for achieving them - Creating plans for unexpected events like market volatility, job loss, and inheritance - Ensuring your investment strategy and asset allocation are aligned with your goals - Tax ti ...

Health on Demand Smarter Benefits, Stronger Workforce Health on Demand 2025. Smarter Benefits, Stronger Workforce. Introduction The world has experienced profound change in recent years, and as we move through 2025, the pace of change is only accelerating. Alongside geopolitical conflicts, trade wars, record-breaking temperatures, extreme weather events and the spread of misinformation, employees are grappling with the changing world of work, technological disruptions and the rapid adoption of AI. In the fa ...

Core Insights - NV5 has been awarded a two-year, $10 million contract by the North Carolina Department of Transportation (NCDOT) for geospatial and utility services to support statewide infrastructure planning and development [1][2] Group 1: Contract Details - The contract includes a comprehensive suite of advanced data collection and mapping solutions such as GPS services, high-density laser scanning, aerial image collection using unmanned aerial systems (UAS), and elevation data acquisition [2] - Additional services will encompass aerial mapping control, route location surveys, and subsurface utility engineering (SUE) to aid in the design and planning of critical transportation projects [2] Group 2: Operational Capabilities - NV5 will provide dedicated UAS operators and management to ensure quality and consistency in aerial data operations, which is essential for enhancing infrastructure accuracy, safety, and project efficiency across North Carolina [3] - The company's focus on essential infrastructure services and advanced data solutions positions it to support large-scale projects that are critical regardless of economic conditions [3] Group 3: Company Background - NV5 Global, Inc. is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions, specializing in engineering design, asset management, and geospatial data analytics [5] - The company operates from over 100 offices nationwide and abroad, emphasizing infrastructure resilience and building systems performance throughout the asset lifecycle [5]

What bit of advice would be maybe the most important bit of advice that I can give at this time. And it would be don't get hung up in the dayto-day. Every day you can read the news and it's some event and you're being dragged along and with that step back and see the bigger picture.That's why when I'm dealing with the these bigger pictures in in the books I write or communications like this I'm having having I want you to see the bigger picture and number two have a game plan for it a game plan like even fo ...