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Trading Ideas

3 Under-The-Radar Dividend Stocks With Over 7% Dividend Yield

February 11, 2020 admin Comments Off on 3 Under-The-Radar Dividend Stocks With Over 7% Dividend Yield

Investors are always on the prowl for high returns. They can look for this in the traditional places, of course, the Apples and the Amazons and the Googles, where shares appreciate at fast rates, or they can look at the Microsofts and Mastercards and JPMorgans, where steady share gains are paired with steady dividends. These are viable strategies. But sometimes, investors like to follow the roads less traveled.The average dividend yield among stocks listed in the S&P 500 index is only 2%. This is – just slightly – higher than Treasury bond yields. But it’s also just an average. There …read more […]

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Business News

Fed Chair Powell says U.S. economy “resilient,” but warns on coronavirus, productivity

February 11, 2020 admin Comments Off on Fed Chair Powell says U.S. economy “resilient,” but warns on coronavirus, productivity

Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the U.S. economy in the first of his twice-a-year updates to Congress Tuesday, but cited a potential threat from the coronavirus in China and concerns about the economy’s long-term health.

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Trading Ideas

T-Mobile Wins Court Approval for $26.5 Billion Sprint Deal

February 11, 2020 admin Comments Off on T-Mobile Wins Court Approval for $26.5 Billion Sprint Deal

(Bloomberg) — T-Mobile US Inc. won court approval for its $26.5 billion takeover of Sprint Corp., defeating a state-led lawsuit that sought to block the industry-altering wireless deal.The decision by a district judge in Manhattan is a huge win for T-Mobile and its owner Deutsche Telekom AG, as well as SoftBank Group Corp., Sprint’s parent. The combined company, which will operate under the T-Mobile name, will have a regular monthly subscriber base of about 80 million — in the same league as AT&T Inc., which has 75 million subscribers, and Verizon Communications Inc., which has 114 million.After the merger, T-Mobile …read more […]

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Trading Ideas

Under Armour forecasts surprise sales drop, coronavirus hit; shares fall

February 11, 2020 admin Comments Off on Under Armour forecasts surprise sales drop, coronavirus hit; shares fall

The company said it expects revenue in North America, its biggest, to decline at a mid- to high-single-digit percentage rate, while its international market is expected to rise. Under Armour, known for its moisture-wicking fabric worn by star athletes, has been struggling to grow sales in its home market due to new launches by larger rivals Nike Inc and Adidas and heavy promotions at department stores. Under Armour also estimated a $325 million to $425 million in pre-tax charges as part of its restructuring initiative this year, which will include foregoing opening a flagship store in …read more […]