Employers added 254,000 jobs in September, blowing away forecasts [CBS News]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: CBS News
Economists had forecast 140,000 new jobs, according to financial data provider FactSet. The unemployment rate inched down to 4.1%, versus 4.2% in the prior month. The employment report marks the second-to-last reading on the labor market before the Federal Reserve's November 7 rate decision meeting, when the central bank is expected to once again cut its benchmark rate. The Fed last month made a jumbo cut , its first rate reduction in four years, in the face of weakness in hiring and a cooling economy. But September's surprisingly strong hiring suggests that the U.S. could be headed for a so-called "soft landing," with the Fed's prior rate hikes having helped to cool the economy while skirting a recession, experts said. "Today's data hit a grand slam with payrolls coming in strong, positive revisions and unemployment falling," noted Lindsay Rosner, head of multisector investing within Goldman Sachs Asset Management, in an email. "The economy is heading into the post-season so
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LPLA
News
- LPL Financial Holdings Inc. (NASDAQ: LPLA) had its price target lowered by analysts at Jefferies Financial Group Inc. from $309.00 to $282.00. They now have a "buy" rating on the stock.MarketBeat
- Here's where the jobs are for September 2024 — in one chart [CNBC]CNBC
- LPL Financial Welcomes The Noble GroupGlobeNewswire
- LPL Financial stock may be volatile short term, but management is solid, analysts say [Seeking Alpha]Seeking Alpha
- LPL Financial Acquires Altria Wealth Solutions, Appoints New CEO [Yahoo! Finance]Yahoo! Finance
LPLA
Earnings
- 7/25/24 - Beat
LPLA
Sec Filings
- 10/1/24 - Form 8-K
- 9/16/24 - Form 4
- 8/27/24 - Form 4
- LPLA's page on the SEC website