FRI News and Press, First Trust S&P REIT Index Fund From 08/02/23

Revenue of $399 million vs. $349 million in prior year FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its third fiscal quarter ended June 30, 2023. Third Quarter Fiscal 2023 GAAP Results Net income for the...

2023-08-01 05:15:00 ET Summary It’s Q2 earnings season, and many of our stocks are already exhibiting relative strength, which is a sign that money is gravitating to companies that will post the strongest quarterly results and the best future guidance. We’re finally ...

2023-08-01 03:35:00 ET Summary As we think about this year, I think one of the things that we need to be mindful of is this idea of this is still an economic environment that is still under pressure from exceptionally fast tightening and monitory policy. This year, we've seen not ...

Impact of stubbornly high inflation evident in rising credit card delinquency levels and average spend The latest FICO data on UK credit card trends reveals the continued see-saw picture of consumer credit card habits seen for the last 12 months. More consumers missed at least one p...

2023-07-30 09:00:00 ET Summary U.S. equity markets climbed to the highest levels since early 2022 as investors analyzed a frenzied slate of corporate earnings results, economic data, and central bank policy decisions. Gaining for a third-straight week, the S&P 500 advanced 1.0...

2023-07-29 12:00:00 ET REITs continued on their downward trajectory for the second consecutive week, while the broader markets kept up their gaining trend. While the broader markets gained on the back of solid quarterly results by big names and a cooler inflation data, REITs saw...

2023-07-29 05:12:00 ET Summary As economic conditions improve, multi-asset investors may see better equities opportunities, alongside compelling income generation. As inflationary pressures now abate, we see eventual improvement in both real incomes and profits, which should enhan...

2023-07-27 10:00:00 ET Summary Cell Tower REITs have been the weakest-performing property sector since the start of 2022 - lagging even the battered office sector - amid a telecommunications industry-wide slump inflamed by tight monetary conditions. Cellular carriers have curbed t...

2023-07-27 09:30:00 ET Summary June 2023 saw continued upward momentum for new home sales in the United States. We find the rising trend for the market capitalization of the U.S. new home market is continuing. Rising mortgage rates plus rising new home sale prices is a recipe ...

FICO’s Score A Better Future event encourages people to understand credit and how to set themselves up to successfully meet their financial goals Global analytics firm, FICO (NYSE: FICO), will host a free Score A Better Future credit education event on August 2, 2023. The eve...