Costco Set to Impress With Solid Fiscal First Quarter
Wall Street expects Costco Wholesale to report stronger earnings and revenue in its fiscal first quarter. Freddie Mac shows average mortgage rates ticking higher, with the 30-year rate at 3.11 percent last week, up from 3.10 percent, while a year ago it stood at 2.71 percent. The housing market remains buoyant due to low rates and demand. In real estate, agent Tommy Eastman notes flood insurance costs rising for Lake Charles homes under a new federal program.
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RTX Board Approves $6 Billion Stock Buyback Plan
Raytheon Technologies RTX announced its board approved a $6 billion stock buyback. The move comes as the aerospace and defense company seeks to enhance shareholder value amid market shifts.
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Stocks Sell Most To Securitas For 3.3 Percent
Investors push shares as rumors place Securitas buying majority stake at a 1.17 price or 3.3 percent premium, outlining terms and potential impact on market players and governance.
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Board member recalls LHS protest as district weighs gymnastics fate
outgoing school board member G R Gordon-Ross witnessed the LHS protest in person and praised student support while remaining undecided on backing the district’s gymnastics recommendation. The district cites low participation and cost of about 32000 dollars yearly, amid budget concerns and a post pandemic enrollment drop affecting funding. Gordon-Ross’s term ends in January, limiting future input as new members take seats.
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