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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Oct 12, 2021
Page
8
Wall Street expects Fastenal to show higher earnings and revenue for the July to September quarter, following a mixed second quarter. The distributor of bolts screws and building supplies has benefited from revived manufacturing and construction activity as it rolls out its third quarter report today.
The National Federation of Independent Business reports its September small business index reflecting how U S. firms view the economy and prospects. The index rose this year, peaking at 102.5 in June, the highest since October 2020 when it reached 104. The measure draws on NFIB survey data from member firms to gauge trends.
Fidji Simo, Instacart chief executive officer, signals a potential expansion beyond groceries into advertising services and delivery of non grocery items from retailers such as Dick's Sporting Goods, aiming to broaden revenue streams after pandemic demand.
Shares closed broadly lower after a choppy trading session as investors brace for a busy week of earnings and inflation updates. The market swung from early gains to declines while traders awaited results from major companies including Hasbro and other corporate reports.
The Clinton Presbyterian Church dedicated a new, ground floor church replacing the older Gothic revival style building. The upgrade adds accessible sanctuary, kitchen, classroom and community room with a front porch and paved entry. Services began July 24 after COVID-19 fundraising disruptions and space needs at the township hall.
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