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: Boeing stock rallies after Ryanair orders 300 new 737-Max-10 aircraft valued at over $40 billion, for delivery starting 2027

MarketWatch

The order, which includes 150 firm orders and options to buy 150 aircraft, is for delivery between 2027 to 2033. BA climbed 2.1% in premarket trading Tuesday, after Ryanair Holdings PLC RYAAYIE:RYA said it ordered 300 new Boeing 737-Max-10 aircraft in a deal valued at more than $40 billion. Ireland-based air carrier Ryanair shares rose 0.8%

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Equitable Sets 15% Growth Target for Wealth Management By 2027

Wealth Management

Equitable Advisors plans to get there by growing its share of wealth advisors, emphasizing holistic life planning and doubling down on its “supported independence” model.

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Weekend Reading For Financial Planners (November 4-5)

Nerd's Eye View

Also in industry news this week: A recent study indicates that the RIA model has seen significant growth in the number of firms and advisors during the past decade, and these firms are expected to control 1/3 of industry AUM by 2027 Despite market headwinds leading to a contraction in advisory firm AUM in 2022, firms continued to produce strong profit (..)

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A $1.5 Trillion Wall of Debt Is Looming for US Commercial Properties

Wealth Management

Maturities climb for the coming four years, peaking at $550 billion in 2027. The wall of debt is set to get worse before it gets better.

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: Chevron stock rises after raising annual stock repurchase guidance to $10 billion to $20 billion

MarketWatch

Separately, Chevron maintained its annual capital expenditures guidance range of $13 billion to $15 billion through 2027 and kept its oil and gas production guidance of more than 3% annual growth by 2027.

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: Bank of America to open 55 financial centers in 34 markets in 2023

MarketWatch

BAC said Tuesday it plans to open more than 55 new financial centers in 34 markets including four new states by 2027. “By Bank of America Corp. By expanding our capabilities in these markets, we are able to better serve clients, and help drive local community growth and development,” CEO Brian Moynihan said in a prepared statement.

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: Tilray stock drops following announced secondary offering

MarketWatch

The company said it was issuing $150 million in senior convertible notes due in 2027. Tilray shares fell as much as 19% after hours, following a 2.5% decline to close the regular session at $2.36. Tilray said it was using a portion of the proceeds to help pay down debt. Jefferies and B of A Securities are underwriting the offering.