Hennessy Advisors Sees Consumer Spending Helping Corporate Profits -- Market Talk

Dow Jones2024-12-12

1813 ET - Hennessy Advisors sees consumer spending driving corporate profits and stock market growth through the end of the year and beyond. Chief Executive Neil Hennessy says with the presidential election and initial Federal Reserve rate cuts behind, consumer sentiment has grown positive and investors can return their focus to core fundamentals of the economy. "Our focus remains on navigating any economic environment to deliver long-term value for our shareholders," Hennessy said, after reporting a 49% increase in net income for 2024. Hennessy shares rise 8% to $13.20 after hours. (kailyn.rhone@wsj.com; @onlykailyn)

(END) Dow Jones Newswires

December 11, 2024 18:13 ET (23:13 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2490814611?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-12 07:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2490814611","market":"other","top_or_hot":-1,"title":"Hennessy Advisors Sees Consumer Spending Helping Corporate Profits -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1813 ET - Hennessy Advisors sees consumer spending driving corporate profits and stock market growth through the end of the year and beyond. Chief Executive Neil Hennessy says with the presidential election and initial Federal Reserve rate cuts behind, consumer sentiment has grown positive and investors can return their focus to core fundamentals of the economy. \"Our focus remains on navigating any economic environment to deliver long-term value for our shareholders,\" Hennessy said, after reporting a 49% increase in net income for 2024. Hennessy shares rise 8% to $13.20 after hours. (kailyn.rhone@wsj.com; @onlykailyn) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 11, 2024 18:13 ET (23:13 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hennessy Advisors Sees Consumer Spending Helping Corporate Profits -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHennessy Advisors Sees Consumer Spending Helping Corporate Profits -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1813 ET - Hennessy Advisors sees consumer spending driving corporate profits and stock market growth through the end of the year and beyond. Chief Executive Neil Hennessy says with the presidential ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HNNA","symbol_name":"Hennessy Advisors Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2490814611","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490814611","pubTimestamp":1733958780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1813 ET - Hennessy Advisors sees consumer spending driving corporate profits and stock market growth through the end of the year and beyond. Chief Executive Neil Hennessy says with the presidential election and initial Federal Reserve rate cuts behind, consumer sentiment has grown positive and investors can return their focus to core fundamentals of the economy. \"Our focus remains on navigating any economic environment to deliver long-term value for our shareholders,\" Hennessy said, after reporting a 49% increase in net income for 2024. Hennessy shares rise 8% to $13.20 after hours. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HNNA":"Hennessy Advisors Inc","BK4135":"资产管理与托管银行"},"translate_title":"轩尼诗顾问认为消费者支出有助于企业利润——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HNNA":1},"content_text":"1813 ET - Hennessy Advisors sees consumer spending driving corporate profits and stock market growth through the end of the year and beyond. Chief Executive Neil Hennessy says with the presidential election and initial Federal Reserve rate cuts behind, consumer sentiment has grown positive and investors can return their focus to core fundamentals of the economy. \"Our focus remains on navigating any economic environment to deliver long-term value for our shareholders,\" Hennessy said, after reporting a 49% increase in net income for 2024. Hennessy shares rise 8% to $13.20 after hours. (kailyn.rhone@wsj.com; @onlykailyn) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 11, 2024 18:13 ET (23:13 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490814611"}