Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut

Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition Not a great night for SaaS... Given the eight straight days of gains for Software stocks, one could argue that the death of code-base companies was greatly exaggerated (cough -dead-cat bounce - cough), but not every boat is being lifted by this massive short-squeeze rebound JPMorgan Trader Brian Heavey said earlier that it "seems we are moving from 'SAAS is dead' to 'maybe they can co-exist'", but it appears one software firm is indeed 'no more'. In...

Social Security Recipients Could See Larger Payment Adjustment In 2027 Amid Higher Inflation Authored by Jack Phillips via The Epoch Times (emphasis ours), A senior citizens group has forecast that the cost-of-living adjustment (COLA) for Social Security payments will increase by 3.9 percent next year, more than 1 percentage point higher than last month’s prediction. Blank U.S. Treasury checks are run through a printer at the U.S. Treasury printing facility in Philadelphia, on July 18, 2011. William Thomas Cain/Getty Images The Senior Citizens League, which issues monthly projections on the COLA for Social...

Shurk: Bush's Islamic Appeasement Greatly Damaged America Authored by J.B. Shurk via American Thinker, Last week, President George W. Bush sat down with his former secretary of state, Condoleezza Rice, to discuss the September 11, 2001, Islamic terror attacks on the United States. While reflecting on his actions twenty-five years earlier, Bush went out of his way to defend Islam: "I also made it clear that Islam was a religion of peace, not a religion of war, and that these people subverted their religion." Bush's absurd statement echoed a similarly absurd...