Raymond James has recruited a father-son team, Ted and Jordan Krawec, who managed over $460 million in client assets from Wells Fargo, forming Krawec Wealth Management in Westlake, Ohio. Concurrently, LPL Financial welcomed Matt Griggs and his $160 million practice from Edward Jones, and William Blair Private Wealth Management established a Dallas office with a four-person team from UBS, led by Ryan Berube and Allen Abney, advising on $2.1 billion in team assets. These moves reflect a dynamic environment for financial advisors seeking new platforms and greater independence.
Lisa P. Britt, an officer at Thermo Fisher Scientific Inc. (TMO), has proposed selling 2,831 common shares with an aggregate market value of nearly $2 million. The sale is scheduled for approximately October 28, 2026, through Fidelity Brokerage Services LLC on the NYSE. Britt had previously sold a significant number of shares in August 2026, totaling over $10 million.
Pool Corporation (NASDAQ:POOL) announced its Board of Directors has declared a quarterly cash dividend of $1.30 per share. The dividend is scheduled to be paid on November 25, 2026, to shareholders of record as of November 11, 2026. The company operates as a wholesale distributor of swimming pool and related backyard products across North America, Europe, and Australia.
SueWallSt has initiated an investigation into potential securities claims against Xylem Inc. (NYSE: XYL) on behalf of investors who suffered losses. The investigation focuses on Xylem's decision to raise its 2026 adjusted EPS guidance in July 2026, only to cut it significantly in October 2026 to a level below the original projection, causing XYL shares to fall. Shareholders who lost money are encouraged to contact SueWallSt to review their recovery rights.
Bally's Intralot's upcoming acquisition of Evoke faces a regulatory challenge in Pennsylvania due to Evoke's existing B2B contract with Caesars, which conflicts with state licensing rules. The deal, expected to close by Q1 2027, hinges on whether Pennsylvania regulators accept a proposed licensing solution where an Evoke subsidiary would surrender its manufacturer license. The Pennsylvania Gaming Control Board has the final say, with its Office of Enforcement Counsel reportedly recommending against the proposed workaround.
Mink Brook Partners LP, Mink Brook Opportunity Fund LP, Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC have collectively reported beneficial ownership of 9.97% of Ascent Industries Co. (ACNT) common stock through an amended Schedule 13G filing. The shares, totaling 898,105, are directly owned by advisory clients of Mink Brook Asset Management, with Mink Brook Partners LP being the only client disclosed to beneficially own more than 5%. The filing indicates shared voting and dispositive power among the reporting persons.
Banco Bradesco SA (BBDO) stock closed down by 7.25% on October 28, driven by macro-political repricing in Brazil, including presidential election outcomes and currency weakness against the U.S. dollar. The decline was exacerbated by company-specific factors from its third-quarter earnings, such as rising non-performing loans and increased loan-loss provisions. Analysts have downgraded the stock due to heightened country risk and balance sheet leverage, despite management's reaffirmed guidance and dividend distributions.
Beacon Financial Corp director Eric S. Rosengren recently purchased 700 shares of common stock at $30.24 per share. Following this transaction, his direct holdings increased to 8,131 shares, which include restricted stock granted under the 2025 stock option and incentive plan. The purchase was reported via a Form 4 SEC filing, indicating a positive sentiment for the filing.
The bond market swung Wednesday, while U.S. stocks ticked higher following the Federal Reserve ’s decision not to raise its main interest rate to bring down high inflation. The bond market’s moves indicated...
Treasury Secretary Scott Bessent joins CNBC on Wednesday following the Federal Reserve's latest policy decision and with just days left before an election that will determine the balance of power in...
Oracle co-CEO Caly Magouryk, speaking at Oracle AI World in Las Vegas on Oct. 27th, 2026. CNBCOracle shares jumped 12% on Wednesday after the software company issued a revenue forecast of $225 billion for...
The Australian Dollar (AUD) surges 0.52% against the US Dollar (USD) on Wednesday after Federal Reserve (Fed) Chair Kevin Warsh press conference, sending the Aussie Dollar to a one-month high, even though he emphasized the Fed’s commitment to attain 2% inflation.
The Japanese Yen (JPY) loses ground against the US Dollar (USD) after the Federal Reserve (Fed) kept rates steady on Wednesday, even though US inflation remains well above its 2% target. Of note, the decision was not unanimous, with two dissenters in favor of a quarter-percentage-point rate hike.
In brief The Fed held its target range at 3.75%-4.00% in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack dissenting in favor of a quarter-point hike. The statement now calls...
Amazon earnings on tap: The cloud and e-commerce giant reports third-quarter results Thursday with more AI and cloud demand than it can serve, as CEO Andy Jassy says AWS capacity is largely booked through next year. Wall Street wants to know how much more Amazon will spend after raising this year's
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The Federal Reserve voted Wednesday to keep benchmark interest rates on hold, opting to take a patient approach in its fight against inflation despite mounting evidence that price pressures are proving more...
Ripple has begun listing its RLUSD stablecoin on Coinbase’s institutional and retail platforms. Clients can now trade and manage RLUSD through Coinbase Prime, Coinbase Exchange, and the Coinbase Retail...
The Social Security Administration's Supplemental Security Income checks will not be issued in November 2026. Instead, they will go out on Friday, October 30.Courtesy of Michael Vi/Getty ImagesSupplemental...
Silver (XAG/USD) tumbles over 1.45% on Wednesday, diving to $53.60 per troy ounce and remaining within familiar levels as investors await the Federal Reserve’s (Fed) decision. Bearish momentum seems to have paused, though the market structure remains tilted to the downside.