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The U.S. military has depleted much of its stockpile of long-range missiles during its five-month conflict with Iran, raising concerns about readiness for future conflicts, according to CNBC analysis. The rapid consumption of military defense inventories has exposed structural bottlenecks across the defense sector. This signals that replenishing stockpiles will require substantial procurement from defense…
Baxter International (BAX -2.21%) probably didn’t want this trading week to end. According to data compiled by S&P Global Market Intelligence, the veteran medical device purveyor’s shares flew 19% higher over the period. That was hardly a surprise, as the company published a highly encouraging quarterly earnings report Thursday morning. There’s nothing as good as…
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As more seasoned investors look for ways to continue expanding their portfolios through commercial properties, more are turning to a loan that allows them to borrow at maximum serviceability. With the recent changes to self-managed super fund (SMSF) lending as well as the well-documented changes to capital gains tax (CGT) and negative gearing, commercial property…
The past few years have been lucrative for the stock market, as the S&P 500 (^GSPC -0.58%), Nasdaq Composite (^IXIC -0.32%), and Dow Jones Industrial Average (^DJI -1.18%) have all reached record high after record high. But no bull market can last forever. Historically, the average S&P 500 bull market since 1929 has lasted over…
Administration building of the Fayette County Board of Education, Kentucky. Moody’s downgrade of the county’s school district affects $847 million of debt. Fayette County Board of Education Fayette County School District of Kentucky general obligation bonds were downgraded to Baa1 from A3 by Moody’s Ratings, citing weakening reserves. Moody’s also revised the outlook to negative…