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Will This 27% Yield Last? It Depends on Who You Listen To

Washington Prime Group (NYSE: WPG) has an incredibly high 27% dividend yield. That’s because the stock sports a $0.25 per share quarterly dividend but just a $3.70 share price.
That’s an awfully high yield to continue to pay out. Can Washington Prime do it?
I covered this owner and operator of shopping malls in April. At the time, the stock received a “D” rating for dividend safety. However, looks can be deceiving.
At the time, the issue was that analysts expected funds from operations (FFO), which is a measure of cash flow for real estate investment trusts (REITs), to fall.
FFO not only was …read more […]

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Salesforce’s Acker: Greta Thunberg is a clear example of activated youth

Salesforce Foundation CEO Rob Acker believes youth like Greta Thunberg are being activated over climate issues. He wants to help convert their frustration into becoming a ‘citizen scientist.’ He joins Yahoo Finance’s Alexis Christoforous on The Ticker to discuss at Davos. …read more […]

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2020 Will See a Surge of Accredited Investors

“Big Brother” seems to follow me wherever I go.
Even when I go halfway around the world.
In the 1990s, I ventured off to Southeast Asia to run a trading company. And there was an unapologetic paternalism among the wealthy and highly educated.
While most Asian countries held elections, the majority of them were limited, highly stage-managed and often fixed. Dictatorships were common and accepted. Benign ones ruled in Malaysia, Thailand and Singapore. And not-so-benign ones lorded over the population in Myanmar, Cambodia, the Philippines and elsewhere.
In Indonesia, where my Asian headquarters was, the government was as ruthless as it was corrupt. But …read more […]

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Boeing CEO says he expects to resume 737 MAX production before mid-year

WASHINGTON/CHICAGO (Reuters) – Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production “months” before its forecasted mid-year return to service. The company announced a production halt in December, when the global grounding of the fast-selling 737 MAX following two deadly crashes in five months looked set to last well into 2020. Boeing shares were down 1.5% on Wednesday. …read more […]

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An Investment in Rising Inequality

Inequality is rising.
Fancy new technologies are emerging that bring rapid wealth to a privileged few and only modest gains to the rest. Suddenly things are vastly different from the past, when everyone seemed more or less equal. To many, it doesn’t seem fair. And an immediate remedy is essential.
America in 2020?
Nope. The Fertile Crescent around 11,000 years ago, when the Agricultural Revolution took hold and converted bands of hunter-gatherers into settled farmers. The new technologies driving economic inequality were irrigation, pottery, and the selective breeding of cereal grasses and animals.
Interestingly, every revolution in human history that has delivered higher living …read more […]

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Avolon CEO sees new Boeing MAX timeline as 'worst case scenario'

Boeing said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system. “The best news I’ve heard on the MAX grounding was yesterday, when Boeing said June-July,” Avolon chief executive Domhnal Slattery told a conference in Dublin, adding he hoped it marked the beginning of the end of the MAX crisis. …read more […]

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Trump Seeks to Undo Reagan’s Energy Efficiency Measures

New energy efficiency standards have been passed by every president since Ronald Reagan. These standards have been responsible for saving Americans almost $2 trillion.
In 1987, President Reagan signed the first energy conservation standards bill. It covered 12 different classes of major home appliances.
These included refrigerators, stoves, heat pumps and air conditioners. All had to meet tighter energy use standards.
Supporters of the bill talked about the savings. Others said appliance costs would skyrocket.
But appliance prices haven’t gone up as a result of new standards. It’s just the opposite.
Data from the U.S. Bureau of Labor Statistics shows that prices were 22.52% lower …read more […]

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News On The Move: Senate passes rules for impeachment trial, Lori Loughlin’s daughters may testify, U.S. drinking water contamination increases

The U.S. Senate passed rules for President Trump’s impeachment trial, Us Weekly Magazine reports Lori Loughlin’s daughters may testify, U.S. drinking water contamination is worse than people thought, according to the Environmental Working Group, and Derek Jeter gets elected into the Baseball Hall of Fame. Yahoo Finance’s Adam Shapiro discusses. …read more […]

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United says does not expect to fly the 737 MAX this summer

United Airlines Holdings Inc does not expect to fly the Boeing 737 MAX this summer, President Scott Kirby said on Wednesday, following news from Boeing Co that it does not expect to win approval for the MAX to fly again until mid-year. United and other U.S. airlines that operate the 737 MAX had been scheduling flights on the aircraft in June, based on assumptions that the aircraft could receive regulatory approval in the first quarter. …read more […]