The Labor Department reported that <strong>initial jobless claims</strong> were down last week to the lowest level since January. The data indicates that layoff activity remains moribund. There have been brief periods of elevated counts during 2023, specifically in June, but these periods have been short-lived and often explainable by special factors. Claims in regular state programs declined 20,000 to 201,000 from the prior week’s upwardly revised 221,000 for the week ending September 16th. The four-week moving average declined to 217,000 from 224,750 the prior week. Continuing claims, which include people who have received unemployment benefits for a week or more, decreased 21,000 to 1.662 million for the week ending September 9th.

The Consolidated Audit Trail will record your Social Security number and all your stock trades.

<strong>Griffon Corporation Announces Share Repurchase</strong> | $16.7 Million | 09/05/2023

Power Project Revenue Refunding Bonds (Iatan 2 Project), Series 2023 | $94,175,000 | 09/25/2023

The Labor Department reported that <strong>initial jobless claims</strong> edged higher this week from the lowest levels since February. Businesses continue to be reluctant to let go of workers they struggled to find over the last three years. While excess demand for labor has been dissipating, we have yet to see layoff activity pick up. Claims in regular state programs climbed 3,000 to 220,000 from the prior week’s upwardly revised 217,000 for the week ending September 9th. The four-week moving average declined to 224,500 from 229,500 the prior week. Continuing claims, which include people who have received unemployment benefits for a week or more, increased 4,000 to 1.688 million for the week ending September 2nd.

Stephens announced that Leigh Ann Biernat has been appointed Executive Vice President and Head of Stephens Public Finance Practice effective January 1, 2024.

<strong>Granite Ridge Resources Prices Secondary Offering</strong> | $35.5 Million | 09/12/2023

<strong>Ovintiv Announces Pricing of Secondary Offering</strong> | $684.8 Million | 09/11/2023