Month: January 2020

No Picture
Trading Ideas

Will This 27% Yield Last? It Depends on Who You Listen To

January 22, 2020 admin Comments Off on Will This 27% Yield Last? It Depends on Who You Listen To

Washington Prime Group (NYSE: WPG) has an incredibly high 27% dividend yield. That’s because the stock sports a $0.25 per share quarterly dividend but just a $3.70 share price.
That’s an awfully high yield to continue to pay out. Can Washington Prime do it?
I covered this owner and operator of shopping malls in April. At the time, the stock received a “D” rating for dividend safety. However, looks can be deceiving.
At the time, the issue was that analysts expected funds from operations (FFO), which is a measure of cash flow for real estate investment trusts (REITs), to fall.
FFO not only was …read more […]

No Picture
Business News

Canada prosecutors say fraud at heart of Huawei CFO Meng’s U.S. extradition case

January 22, 2020 admin Comments Off on Canada prosecutors say fraud at heart of Huawei CFO Meng’s U.S. extradition case

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng’s alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.

…read more […]

No Picture
Trading Ideas

Salesforce’s Acker: Greta Thunberg is a clear example of activated youth

January 22, 2020 admin Comments Off on Salesforce’s Acker: Greta Thunberg is a clear example of activated youth

Salesforce Foundation CEO Rob Acker believes youth like Greta Thunberg are being activated over climate issues. He wants to help convert their frustration into becoming a ‘citizen scientist.’ He joins Yahoo Finance’s Alexis Christoforous on The Ticker to discuss at Davos. …read more […]

No Picture
Trading Ideas

2020 Will See a Surge of Accredited Investors

January 22, 2020 admin Comments Off on 2020 Will See a Surge of Accredited Investors

“Big Brother” seems to follow me wherever I go.
Even when I go halfway around the world.
In the 1990s, I ventured off to Southeast Asia to run a trading company. And there was an unapologetic paternalism among the wealthy and highly educated.
While most Asian countries held elections, the majority of them were limited, highly stage-managed and often fixed. Dictatorships were common and accepted. Benign ones ruled in Malaysia, Thailand and Singapore. And not-so-benign ones lorded over the population in Myanmar, Cambodia, the Philippines and elsewhere.
In Indonesia, where my Asian headquarters was, the government was as ruthless as it was corrupt. But …read more […]

No Picture
Business News

Angola’s Dos Santos named as suspect over alleged fraud at oil firm: Lusa news agency

January 22, 2020 admin Comments Off on Angola’s Dos Santos named as suspect over alleged fraud at oil firm: Lusa news agency

Angola’s public prosecutors named former first daughter Isabel dos Santos as a formal suspect on Wednesday over alleged mismanagement and misappropriation of funds during her time as chairwoman of state oil company Sonangol, Portuguese news agency Lusa said.

…read more […]