Month: September 2020

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3 ‘Strong Buy’ Stocks With Dividend Yields of 8% or Better

September 30, 2020 admin Comments Off on 3 ‘Strong Buy’ Stocks With Dividend Yields of 8% or Better

What to make of the markets lately? Early September showed a sharp drop from peak values, but since the eighth of the month – for the past three weeks – volatility has ruled the day. All the major indexes have bouncing up and down without showing a clear trend. While increased volatility is almost certainly going to stay with us for a while, it’s time to consider defensive stocks. And that will bring us to dividends. By providing a steady income stream, no matter what the market conditions, a reliable dividend stock provides a pad for your investment portfolio when …read more […]

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Palantir Debuts at $17 Billion Value in Long-Awaited Listing

September 30, 2020 admin Comments Off on Palantir Debuts at $17 Billion Value in Long-Awaited Listing

(Bloomberg) — Palantir Technologies Inc. began trading Wednesday as a public company, ending a 17-year tradition of secrecy surrounding the software business co-founded by Peter Thiel.The data analytics company opened at $10 on the New York Stock Exchange, above the reference price of $7.25 that was set for the stock. Palantir listed its shares directly on the exchange, rather than raising capital through an initial public offering.Palantir popped about 10% to a market value of $18 billion after the first trades. It failed to capture the $20 billion valuation private investors had given Palantir since at least 2015.Companies are racing …read more […]

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NextEra Tried for Record U.S. Utility Deal With Bid For Duke

September 30, 2020 admin Comments Off on NextEra Tried for Record U.S. Utility Deal With Bid For Duke

(Bloomberg) — NextEra Energy Inc., the world’s largest utility owner by market value, recently made an unsuccessful bid to take over power giant Duke Energy Corp. in what could have been largest utility deal in American history, according to people familiar with the matter.NextEra, based in Juno Beach, Florida, is still interested in pursuing a deal and is working with banks to help arrange financing for a potential transaction, said the people, who asked not to be identified because the details aren’t public.A merger of America’s two largest utility owners would create a powerhouse dictating where more than 13 million …read more […]