Year: 2020

Shares in American Airlines Group rose 2.5% in Friday’s extended market session after the ailing airline secured a $5.48 billion loan agreement from the US government.The stock closed 4.4% higher on Friday. Under the terms of the US Treasury facility, American Airlines (AAL) may have an option to increase the loan in October by an additional almost $2 billion to an aggregate $7.5 billion. The additional amount of the facility, which is made available under the US Coronavirus Aid, Relief, and Economic Security Act (Cares Act), is still subject to US Treasury approval.American said it already borrowed $550 million from …read more […]

Gold prices are being influenced by a number of different contradictory factors, some traditionally good for bullion, others not. …read more […]

Honeywell announced an increase of 3.3% in its annual dividend to $3.72 per share from $3.60. Based on the company’s closing price on Friday, the new annual dividend implies a yield of 2.3%. It marks the 11th consecutive year in which the software-industrial company has ramped up its dividend.Honeywell International (HON) said that the new dividend will be effective in the fourth quarter, and the quarterly dividend of $0.93 per share will be payable on Dec. 4 to shareholders of record on Dec. 13.In July, Honeywell posted stronger-than-expected 2Q earnings of $1.26 per share, in comparison to analysts’ expectations of …read more […]

(Bloomberg Opinion) — Oil producers could be set for another showdown before the end of the year, with heavyweights Saudi Arabia and Russia holding different views on how to approach the halting recovery in oil demand.Renewed restrictions on travel and social gatherings across Europe, along with the tapering of state support packages for companies, are having a chilling effect on demand for crude, just as the OPEC+ group of oil producers, who cut production by a record 9.7 million barrels a day in May, begin to contemplate the next easing of limits on their output. We should all remember what …read more […]

It’s a particularly busy week ahead as the 3rd quarter comes to a close. With economic data, geopolitics, and COVID-19 in focus, it will be a choppy week. …read more […]

30-year mortgage rates were on the rise. Yields could come under pressure in a particularly busy week ahead, however. …read more […]

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U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a company worth around $6 billion, people familiar with the matter said on Saturday. The deal talks show how consolidation in the oil and gas industry is picking up, as low energy prices drive some independent producers to seek scale through mergers. In July, Noble Energy Inc agreed to be acquired by Chevron Corp for $5 billion in stock. …read more […]

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* This weekend’s Barron’s cover story offers roundtable picks for the health care revolution. * Other featured articles discuss who could benefit from a conservative Supreme Court and how to find reliable dividend stocks in emerging markets. * Also, the prospects for a recently merged regional bank stock, a pair of restructuring companies, a pandemic winner and more.Cover story “The Pandemic Speeds Up the Health-Care Revolution” by Lauren R. Rublin offers Moderna Inc (NASDAQ: MRNA) and other Barron’s roundtable expert picks for the most promising developments and best investment bets in the sector.Daren Fonda’s “A Right-Leaning Supreme Court …read more […]

Benzinga has examined the prospects for many investor favorite stocks over the past week. Both bullish and bearish calls in coronavirus vaccine contenders were seen this week.Social media platforms were represented in both categories as well.September has a reputation as a harsh month for the markets, and it certainly has lived up to that reputation this year: volatility continued last week for various reasons. The Dow Jones industrials and S&P 500 ended the week essentially flat, with the Nasdaq only a little better, but all three indexes are down more than 4% since the start of the month, with the …read more […]

If you are looking for the best ideas for your portfolio you may want to consider some of Del Principe O’Brien Financial Advisors top stock picks. Del Principe O’Brien Financial Advisors, an investment management firm, is bullish on Qualcomm Inc (NASDAQ:QCOM) stock. In its Q2 2019 investor letter – you can download a copy here […] …read more […]

Would you throw away $100?
If you’re one of the income-minded investors here at Wealthy Retirement, odds are you could find a good use for that money. And you certainly wouldn’t waste it.
Yet many Americans are missing out on money that is legally owed to them – in amounts that can far exceed $100.
As the years go by, often, things slip through the cracks. We plow through a variety of insurance policies, deposits and accounts, and even the most diligent saver could fail to realize what they’re owed from old stock holdings and pension benefits.
That’s where this week’s State of the …read more […]

Would you throw away $100?
If you’re one of the income-minded investors here at Wealthy Retirement, odds are you could find a good use for that money. And you certainly wouldn’t waste it.
Yet many Americans are missing out on money that is legally owed to them – in amounts that can far exceed $100.
As the years go by, often, things slip through the cracks. We plow through a variety of insurance policies, deposits and accounts, and even the most diligent saver could fail to realize what they’re owed from old stock holdings and pension benefits.
That’s where this week’s State of the …read more […]