Procter & Gamble Co said on Thursday its current-quarter revenue and profit would take a hit from supply chain disruptions and weak demand due to the coronavirus outbreak in China, the consumer goods company’s second-biggest market.
Not all dividend stocks are created equal. The average dividend yield among S&P companies is only 2%, not much higher than a Treasury bond. Years of low-interest policy from the Fed has worked to push return rates down across the board, and dividend yields – on average – have simply lagged slightly.Of course, that’s an average. You can still find high returns out there, and dividend stocks are a logical place to look. After all, while Fed rates may establish a cap for bond interest, dividends are only limited by the paying company’s overall profits. The sky’s the limit.We’re taking …read more […]
It’s been a pretty great week for Quad/Graphics, Inc. (NYSE:QUAD) shareholders, with its shares surging 14% to US$5.99… …read more […]
(Bloomberg) — Zillow Group Inc. shares are pennies below a record high after the company’s sales beat analyst estimates, yet even bullish backers are urging caution amid the stock’s rapid rise.The home-search firm “needed to come up with something special to finally break out of the recent trading range,” according to one Benchmark analyst, the company “did not disappoint, crushing Homes revenue,” Daniel Kurnos wrote. But even with his bullish buy rating on Zillow, he was cautious that the Street may be getting “well ahead of itself” on sales for the fast-growing unit.Goldman and Wedbush maintained their neutral ratings while …read more […]
Oil prices rose on Thursday supported by China’s efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and Libya.
Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday. Microsoft will build a new data center to deliver “client services to help every organization to really get an advantage and drive digital transformation,” added Nadella, who met with Mexican President Andres Manuel Lopez Obrador last year. Lopez Obrador, speaking during his daily morning conference, said the investment showed Mexico was an attractive investment destination, touting a strong local currency, stable inflation, and prudent debt management …read more […]
A team from the International Monetary Fund (IMF) met Lebanese government officials on Thursday at the start of a visit to advise on how to tackle the country’s crippling financial and economic crisis.
Lebanese President Michel Aoun said on Thursday measures would be taken to hold to account all those who contributed to Lebanon’s financial crisis through illegal actions be they transfers abroad, manipulation of Eurobonds or other acts.
U.S. stocks opened slightly lower on Thursday as a spike in the number of coronavirus cases outside China raised concerns about the global economic impact of the epidemic, while E*Trade Financial soared on a buyout offer from Morgan Stanley.
If you own shares in Rite Aid Corporation (NYSE:RAD) then it’s worth thinking about how it contributes to the… …read more […]
Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Rick Newman break down the key moments from last night’s Democratic Debate in Las Vegas on The First Trade. …read more […]
Asia will be able to absorb most of the growth in liquefied natural gas (LNG) supply from the second half of 2020, with Europe ceasing to be a balancing market, Royal Dutch Shell said on Thursday. Excess cargoes have been sent to Europe in the past year as global LNG supply has been soaring, in particular from projects in the United States and Australia. Mild weather and the coronavirus outbreak in China helped reduce LNG demand in Asia this winter and LNG prices in Asia have dropped to record lows, while European gas prices are wallowing at more …read more […]
Office-sharing startup WeWork on Thursday named Shyam Gidumal, a former Ernst & Young executive, as its new chief operating officer in the first major executive appointment under new head Sandeep Mathrani.
Mortgage applications are down, though mortgage rates remain attractive. Are borrowers snoozing and losing? …read more […]
Those following along with NextEra Energy, Inc. (NYSE:NEE) will no doubt be intrigued by the recent purchase of shares… …read more […]
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