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Icahn Enterprises’ Dividend Safety: Can This Legendary Investor Keep Paying Shareholders 16%?

Today, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at Icahn Enterprises’ dividend safety.
If we were going to create a Mount Rushmore of investors, no doubt Warren Buffett would be on it.
I’d put Jim Simons – the brilliant quant investor who started Renaissance Technologies, one of the most successful hedge funds in history – on it as well.
I’m not sure whether Carl Icahn would be on it or not, but he’d be mentioned in the conversation.
Icahn is the chairman of Icahn Enterprises (Nasdaq: IEP), a master limited partnership (MLP) that invests in the energy, real estate and automotive sectors, …read more […]

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Ant’s Mega IPO Sets Up Jack Ma to Escalate War With Tencent

(Bloomberg) — Ant Group’s late-summer IPO filing drove home why the business — backed by 711 million active users that spent $17 trillion through its platform — is headed for potentially the world’s largest stock debut. Yet investors may do well to focus on the long-term threat to its core businesses from arch rival Tencent Holdings Ltd.Ant is set to join the top echelon of global finance alongside Bank of America Corp., as it seeks to raise about $30 billion with a valuation of about $225 billion in Hong Kong and Shanghai, people familiar have said. Once the dust settles, …read more […]

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Retirement: Don’t Make This Common but Very Costly Mistake!

Wednesday Wealth Recap

Investors beat the market by buying stocks that outperform it. But that’s only part of the equation. Alexander Green explains how to sell at the right time too.
A handful of companies are responsible for the world’s stock market gains. Nicholas Vardy shares how to ride the trend higher… while it’s still on your side.
Electric vehicles are getting more popular in the U.S. But can the power grid handle the new load? Energy and Infrastructure Strategist David Fessler has the answer.

I consider myself to be an expert of sorts on retirement. Not because I’ve studied the subject, but because …read more […]

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AMC Entertainment Holdings Eyes More Theater Openings for Labor Day

Shares of AMC Entertainment Holdings (NYSE: AMC) stock were up nearly 9% on Wednesday through late-morning trading. The movie theater chain announced that it plans to have 70% of its U.S.-based theaters open this weekend for the upcoming Labor Day weekend.
COVID-19 has battered the AMC stock, bringing it down over 5% year-to-date, and more than 38% over the past year. But this resilient movie theater chain has been showing signs of life, largely due to the chain beginning to open theaters back up.
The stock may be further bolstered this Labor Day weekend by the release of the highly-anticipated Christopher Nolan …read more […]

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After Tesla's fart mode, Mercedes bets on comfort to blow customers away

Mercedes-Benz engineers are striving to meet every definition of comfort in the new S-Class sedan as they try to steal a march on rival Tesla, which wowed audiences with its “fart mode.” The growing lexicon of engineering features is a sign of Mercedes’ determination to push the boundaries of automotive refinement as it tries to reclaim high-tech bragging rights that have been hijacked by electric car pioneer Tesla. “The Lastenheft for this S-Class which was conceptualised in 2014 is now 689 pages long,” Weissinger said at the Daimler-owned company’s factory in Sindelfingen. …read more […]

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Commodities vs. Stocks: Which Are Easier to Trade in 2020?

In this article, our guest contributor Hollie Tomlinson discusses whether in the current market environment amid the coronavirus pandemic and economic turbulence commodities vs. stocks represent a safer and better investment opportunity for people.

This past spring, stock markets around the world crashed in rapid fashion. This happened suddenly and was the markets’ reaction to the COVID-19 crisis.
In all likelihood, the worst of the worldwide market reaction has already come and gone. Markets rebounded quickly, and in some cases have had fairly strong runs in the months since the crisis struck.
At the same time though, stock exchanges remain unpredictable …read more […]

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$3 Billion Planned for Next-Generation Hydrogen Power Plants

(Bloomberg) — Three power plants planned in New York, Virginia and Ohio will test whether hydrogen can one day replace natural gas in electric generation.Power producers Danskammer Energy LLC, Balico LLC and EmberClear are paying Mitsubishi Power Americas Inc. more than $3 billion for the facilities, which will collectively generate 3,284 megawatts of electricity. While the plants will initially run on natural gas alone, they’ll eventually shift to burning green hydrogen produced and stored on-site. They’re designed to make it easier to ramp up hydrogen use as production increases, said Chief Executive Officer Paul Browning.Green hydrogen — produced by stripping …read more […]