The World Cup winners wore Adidas shirts. But the company’s investors are still crying foul.
The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure.
The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure.
The Securities and Exchange Commission’s proposal to allow companies to choose to file financial reports semiannually drew a groundswell of public letters in the 60-day comment period that ended Monday. Of the 8,011 letters submitted through July 3, a large majority (7,925 or 99%) were from individuals and writers who opposed the plan while 34…
Roth IRAs have earned a reputation as one of the best retirement accounts available, and for good reason. With a Roth IRA, your investments can grow tax-free, and withdrawals in retirement aren’t taxed. Just as importantly, Roth IRAs don’t force savers to take required minimum distributions (RMDs). This means you can let your money sit…
German pharmaceutical packaging manufacturer Gerresheimer has agreed to sell two of its plastic packaging businesses to funds advised by Apax in a transaction valued at €1.5bn, including debt, according to a report by Reuters. The move comes as Gerresheimer continues efforts to strengthen its balance sheet following a period of financial and governance challenges. The…
Artificial intelligence is top of mind for many advisors and firm leaders, and it’s no different when it comes to those overseeing compliance, according to a new survey from the ACA Group. The compliance consulting firm’s 2026 “Investment Management Compliance Testing Report” indicated that AI was the top compliance concern among respondents at 85%, a…
U.S. forces hit Iran for a ninth consecutive day on Monday as concerns grew over shipping through the Strait of Hormuz after Iran said two oil tankers had exploded and been immobilized. The Islamic Revolutionary Guard Corps said on Monday they had targeted U.S. aircraft at Jordan’s Aqaba airport with ballistic missiles, as well as…
Advyzon, the all-in-one platform provider for wealth management firms, announced the launch of Advyzon AI, an embedded intelligence system built natively within its platform. The system represents what the company calls “All-in AI,” an operating model where intelligence is embedded across a unified platform, single data model and cohesive architecture, rather than added through disconnected…