Month: August 2020

Below, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at The GEO Group’s dividend safety.
Private prisons are a hotly debated topic. Many people believe that prisons should not be a for-profit industry. But at the moment, privately run prisons are legal… and big business.
As of 2018, there were nearly 130,000 Americans incarcerated in private prisons.
It’s a multibillion-dollar industry.
There are two publicly traded private prison companies: The GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW).
The GEO Group’s Dividend Safety Overview
The GEO Group’s quarterly dividend had been $0.48 per share, but the company recently announced it was lowering the payout to …read more […]

Uber’s threat to leave California is just a bully’s move. The state should call its bluff. …read more […]

* Total revenue of $4.83 million, an increase of 58% over Q1-2020 * Canadian cannabis revenue of $2. …read more […]

The retailer told a Texas bankruptcy court Wednesday that negotiations on a sale are still ongoing. …read more […]

TSX: WPM NYSE: WPMVANCOUVER, BC, Aug. 12, 2020 /CNW/ – Designated News Release – “Wheaton’s high-quality portfolio of assets delivered solid results in the first half of 2020 generating over $500 million in revenue and nearly $330 million in operating cash flow. …read more […]

Technology stocks are leading the market. Investors in Amazon (Nasdaq: AMZN), Facebook (Nasdaq: FB) and other tech giants have seen huge gains. They’ve benefited from the pandemic. Although, their valuations are a bit lofty and when looking for value, you might want to buy small cap tech stocks instead.
Below, I’m going to show you why both small cap stocks and tech stocks can be a great investment. Then combining the two can result in even higher returns. Or if you want to skip learning about the strategy, you can jump straight down to the list of stocks.
Also, if you want …read more […]

Cisco released its fourth quarter earnings report after hours on Wednesday, beating on both its top and bottom lines. The company offered a forecast for its first quarter revenue which fell below investors’ expectations, anticipating a decline between 9% to 11%. Yahoo Finance’s Myles Udland breaks down the company’s earnings report. …read more […]

(Bloomberg) — Cisco Systems Inc. gave a lackluster sales forecast for the current period, a sign that businesses and government agencies are spending less in the pandemic-driven recession.Revenue will fall 9% to 11% from a year earlier in the fiscal first quarter, which ends in late October, the San Jose, California-based company said Wednesday in a statement. Analysts on average had projected a decline of about 7%. Adjusted profit will be 69 cents to 71 cents a share, lower than Wall Street expectations of 76 cents, according to data compiled by Bloomberg.Cisco shares fell about 4% in extended trading. The …read more […]

New Constructs CEO David Trainer joins Yahoo Finance’s Kristin Myers to discuss his outlook on Tesla after the company announced a 5-for-1 stock split. …read more […]

Dr. Kanika Monga, rheumatologist in Houston, TX joins Yahoo Finance’s Kristin Myers to discuss the deal between the United States and Moderna for 100 million doses of the coronavirus vaccine. …read more […]

Weighing in on the markets from investment firm Oppenheimer, chief investment strategist John Stoltzfus believes that despite rough conditions, the market has more fuel left in the tank. Remaining “very bullish on this market,” Stoltzfus’ stance is supported by the fact that trillions of dollars are sitting on the sidelines, as well as the hope that the U.S. will be able to tame the beast that is COVID-19. “You’re going to see money beginning to further move out of the bond market, and it makes all the sense in the world to be positioned in equities,” the strategist noted.Stoltzfus acknowledges …read more […]

…read more […]

(Bloomberg) — Apple Inc.’s planned stock split will diminish its influence on the Dow Jones Industrial Average after the iPhone maker’s 100% surge since March lows nearly dragged the price-weighted measure back to an all-time high.At its current price of $452 a share, Apple has the biggest weighting in the index at 11%. A 4-to-1 split now would drop its price tag to about $113 and send its ranking in the Dow Average down to 16th. Apple has rallied almost 55% in 2020, adding more than 1,100 points to a stock measure that’s fallen about 2% during that time. The …read more […]

Out of nowhere, small-cap stocks are outperforming one of 2020’s all-star sectors. …read more […]