Stocks, deals, and the forces moving the economy.
Scripture accompanies each story for the reader's reflection. It is not presented as God's judgment on the people or events reported.
Drinks and snacks Third-quarter net revenue rose 5.6% and organic revenue 3.1%, with reported earnings per share of $2.23 and core earnings per share of $2.34, against full-year net revenue growth guidance of about 6%.
“Listen to counsel and accept discipline, that you may be wise the rest of your days.”
A published forecast invites us to hold our own plans with an open hand.
Borrowing costs climb The 10-year yield touched 5.36% and the 30-year 5.73% before a $39 billion auction pulled the 10-year back to 5.27%, with UK 30-year government bond yields at their highest since 1998.
“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Today has enough trouble of its own.”
Numbers on a screen do not have to set the temperature of our day.
Studios consolidate The combined company lists on the New York Stock Exchange as SKYD under chief executive David Ellison, carries roughly $80 billion in debt, and has announced $6 billion in planned cost savings drawn mainly from non-labor sources.
“Each of you should look not only to your own interests, but also to the interests of others.”
Behind a deal this size are ordinary jobs, and we can pray for the people holding them.
Workplace meals ezCater works with more than 140,000 restaurants and booked over $2.5 billion in gross bookings over the trailing twelve months, and the all-cash deal is expected to close in the coming months pending regulatory approvals.
“So whether you eat or drink or whatever you do, do it all to the glory of God.”
Even an ordinary meal at our desks can be received with thanks.
Season preview FactSet estimates S&P 500 third-quarter earnings growth of 29.5% and revenue growth of 12.3%, up from 26.7% and 10.9% at the start of the quarter, with the index's forward price-to-earnings ratio at 19.0.
“Commit your way to the LORD; trust in Him, and He will do it.”
Forecasts shift, and we can set our confidence on something steadier.