Year: 2020

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Trading Ideas

Can UPS Continue to Deliver Its 4.2% Yield?

April 2, 2020 admin Comments Off on Can UPS Continue to Deliver Its 4.2% Yield?

UPS (NYSE: UPS) has delivered dividends consistently for decades. Except for 2009, when it kept the dividend steady, UPS has lifted the payout to shareholders every year since 1999 – and that includes a 5% increase in February.
But can the package delivery company continue to pay the current quarterly dividend of $1.01 per share?
The numbers say it can’t.
Free cash flow has been inconsistent over the past few years, turning negative in 2017 and dropping precipitously last year.

Both one- and three-year cash flow growth are negative. This year’s projected free cash flow growth is barely above 2016’s.
However, business will certainly be …read more […]

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Trading Ideas

Fed’s New Repo Measures Followed a $100 Billion Treasury Exodus

April 1, 2020 admin Comments Off on Fed’s New Repo Measures Followed a $100 Billion Treasury Exodus

(Bloomberg) — The Federal Reserve is trying to call time on a fire sale of Treasuries by foreign governments and central banks.Foreign official holders of Treasuries dumped more than $100 billion in the three weeks to March 25, on course for the biggest monthly drop on record, according to weekly Fed custody data that captures much of the pandemic-fueled turmoil. They joined others seeking to unload government debt globally to raise cash amid the volatility, according to traders and market makers familiar with the transactions. Countries reliant on oil exports and smaller Asian economies have been selling U.S. debt, and …read more […]

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Business News

Challengers rev their engines to fight Trump’s auto emissions weakening

April 1, 2020 admin Comments Off on Challengers rev their engines to fight Trump’s auto emissions weakening

Just two months after taking office, President Donald Trump in March 2017 traveled to Michigan to announce that he would undo ambitious vehicle emissions standards mandated under his predecessor Barack Obama, portraying the reversal as a boost to the U.S. auto industry centered in the Midwestern state.

…read more […]