Finance
Finance expert discusses importance of a 401k account
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SHREVEPORT, La. (KSLA) – If you are employed by a company that offers a 401k account and you aren’t contributing to it, you may want to reconsider.
On Wednesday, Sept. 27, KSLA was joined by Jennifer Delcomyn, RFC with Evans Financial Group. She talked about what advantages 401k accounts offer over other types of savings and investment accounts, how to roll over money when you change jobs, what penalties there are if you take money out of the account before retirement age, and more tips for investing for your future.
WATCH THE FULL INTERVIEW HERE:
If you are employed by a company that offers a 401k account and you aren’t contributing to it, you may want to reconsider.
Copyright 2023 KSLA. All rights reserved.

Finance
Hong Kong economy to post solid growth in first quarter: finance chief Paul Chan

Hong Kong’s finance chief has predicted the economy to post solid growth in the first quarter, while pledging to press on with plans to control government spending to maintain the city’s competitiveness.
Financial Secretary Paul Chan Mo-po gave his forecast on Sunday in the lead-up to this week’s announcement of gross domestic product (GDP) figures for the quarter.
He said the economy had benefited from the increase in tourist arrivals and exports between January and March, but warned of uncertainties in the global outlook amid an ongoing trade war.
“Driven by these positive factors, the advance estimates on GDP for the first quarter of 2025 to be released this week are expected to be robust,” he said in his weekly blog.
“But looking ahead, the bullying acts and the unilateral protectionism of the United States will continue to haunt the global economic outlook.”
Chan said the number of tourist arrivals in the first quarter had increased by 9 per cent year on year to 12.2 million, thanks to a series of mega-events and large-scale international meetings that boosted the performance of the retail and catering sectors.
Finance
One Manx Financial Group Insider Raised Stake By 228% In Previous Year
Viewing insider transactions for Manx Financial Group PLC’s (LON:MFX ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
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The CEO & Director Douglas Grant made the biggest insider purchase in the last 12 months. That single transaction was for UK£245k worth of shares at a price of UK£0.15 each. So it’s clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.14). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Douglas Grant was the only individual insider to buy during the last year.
The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Manx Financial Group
Manx Financial Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Manx Financial Group insiders own 36% of the company, worth about UK£6.1m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
The fact that there have been no Manx Financial Group insider transactions recently certainly doesn’t bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Manx Financial Group and their transactions don’t cause us concern. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. Every company has risks, and we’ve spotted 3 warning signs for Manx Financial Group you should know about.
Finance
Trump tariffs live updates: China eases some US tariffs as Trump sows confusion on state of talks
Amid growing tariff uncertainty and shifting economic signals, companies across sectors are rethinking their profit forecasts and recalibrating expectations for the year ahead.
Here’s a list of companies feeling the impact of US tariffs on balance sheets and strategies.
PepsiCo
PepsiCo (PEP) on Thursday cut its annual profit forecast and warned of higher production costs and more volatility from President Donald Trump’s on-again off-again trade tariffs.
“As we look ahead, we expect more volatility and uncertainty, particularly related to global trade developments, which we expect will increase our supply chain costs,” CEO Ramon Laguarta said in a statement.
American Airlines
American Airlines (AAL) withdrew its 2025 financial forecast on Thursday, mirroring its peers, as concerns over discretionary budget amid tariff pressures and government spending uncertainties hinder carriers’ ability to predict travel demand.
Merck
For the full year, Merck (MRK) lowered its earnings outlook slightly, citing an estimated $200 million in additional costs for tariffs implemented to date and a charge related to a licensing deal with Hengrui Pharma.
Hasbro
Hasbro (HAS) reported first-quarter results on Thursday that beat Wall Street estimates, helped by strength in the toymaker’s digital gaming segment, sending the company’s shares up about 4% in premarket trading.
The Play-Doh owner said it would not change its annual forecast given the uncertainty related to tariffs.
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