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North American Morning Briefing: Stock Futures Edge Lower Ahead of PPI Inflation Gauge

North American Morning Briefing: Stock Futures Edge Lower Ahead of PPI Inflation Gauge
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North American Morning Briefing : Stock Futures Edge Lower Ahead of PPI Inflation Gauge - 2024-04-11

OPENING CALL Stock futures were down slightly on Thursday after equities tumbled sharply following the hotter-than-expected inflation reading. Another inflation indicator, the producer-price. -April 11, 2024 at 06:23 am EDT - MarketScreener

Stocks Retreat as Bond Yields Surge on US Price Pressures

Richard Pzena Adjusts Position in Hooker Furnishings Corp

Pzena Investment Management, LLC, led by value investing stalwart Richard Pzena (Trades, Portfolio), has recently made a notable adjustment to its investment in Hooker Furnishings Corp (NASDAQ:HOFT). Richard Pzena (Trades, Portfolio) is the founder and Co-Chief Investment Officer of Pzena Investment Management, LLC, established in 1995.

Donald Smith & Co Adjusts Position in Hooker Furnishings Corp

On December 31, 2023, Donald Smith & Co (Trades, Portfolio) made a notable adjustment to its investment portfolio by reducing its stake in Hooker Furnishings Corp (NASDAQ:HOFT). The firm sold 977 shares of the furniture company, which resulted in a 0.09% change in the total shares held. Donald Smith & Co (Trades, Portfolio), founded by the late Donald G. Smith, has been a prominent player in the investment world since 1980.

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