Activist Elliott takes a stake in Aspen Technology and pushes back on an offer from Emerson

Activist Elliott takes a stake in Aspen Technology and pushes back on an offer from Emerson

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Company: Aspen Technology (AZPN) Business: Aspen Technology provides industrial software that focuses on helping customers in asset-intensive industries worldwide. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management and industrial data management. The company…

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Earnings season is winding down, and these S&P 500 companies have hiked their dividends

Earnings season is winding down, and these S&P 500 companies have hiked their dividends

Stocks have been on a rocky ride to start the year, but income investors have a silver lining: Companies have continued to announce dividend increases. The S & P 500 limped through February, losing 1.4%, with concerns over inflation, President Donald Trump’s impending tariffs and worsening geopolitical risks weighing on investor sentiment. On Friday, the…

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PCE inflation January 2025:

PCE inflation January 2025:

Inflation eased slightly in January as worries accelerated over President Donald Trump’s tariff plans, according to a Commerce Department report Friday. The personal consumption expenditures price index, the Federal Reserve’s preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate. Excluding food and energy, core PCE also rose 0.3% for the…

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