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Wall Street Loves These “Strong Buy” Dividend Stocks

Stock go up, investor happy. Stock go down, investor… sad?Probably. In fact, we’d go so far as to say that’s probably the ordinary reaction an investor has to a decline in the share price of a stock he or she owns — but not all the time.You see, if the stock is question is a dividend stock, even a decline in stock price can be offset by the value of the dividend you’re being paid to own it. What’s more, because a stock’s dividend yield is calculated by dividing the dividend amount by the stock price, the lower the stock …read more […]

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UPDATE 1-U.S. Supreme Court rejects Amazon warehouse worker wage appeal

The U.S. Supreme Court on Monday declined to hear Amazon.com’s bid to avoid a lawsuit seeking to ensure that warehouse workers for the e-commerce giant get paid for the time it takes them to go through extensive post-shift security screenings. The justices, on the first day of their new term, turned away an appeal by Amazon and a contractor of a lower court ruling reviving the workers’ claims under Nevada state law. The decision comes five years after the Supreme Court issued a ruling in the case that barred similar claims under federal law. …read more […]

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American Railroads Are in a Recession With No End in Sight

(Bloomberg) — This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.There’s no bottom in sight as the decline in carloads for large U.S. railroads widened to 5.5% in the third quarter, the biggest drop in three years, according to weekly reports from the Association of American Railroads. Shipments are down for autos, coal, grain, chemicals and consumer goods, with crude oil the only bright spot.The rail downturn underscores the damage from the U.S.-China trade war, which is making shippers more cautious and crimping freight — validating earlier warnings from railroad …read more […]

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U.S. Supreme Court snubs University of Wisconsin appeal in patent fight with Apple

The U.S. Supreme Court on Monday refused to hear a bid by the University of Wisconsin’s patent licensing arm to reinstate its legal victory against Apple Inc in a fight over computer processor technology that the school claimed the company used without permission in certain iPhones and iPads. The justices, on the first day of their new term, declined to review a lower court’s 2018 decision to throw out the $506 million in damages that Apple was ordered to pay after a jury in 2015 decided the company infringed the university’s patent. The licensing body, the Wisconsin …read more […]