General Electric (NYSE:GE) is one of the most outstanding dividend plays out there. Not only has the company paid out a dividend for more than 100 uninterrupted years, it has also grown that dividend in most years. GE’s current yield of 3% is considerably higher than the Dow Jones Industrial Average (INDX:INDU) average yield of 2.76%.
Anything that would threaten that dividend is, therefore,....More>>>
The former chief of a major Chinese financial firm that owns businesses around the world has been jailed for 18 years, according to state media.
A court in Shanghai on Thursday handed down the sentence to Wu Xiaohui, the former chairman of insurance company Anbang, after he was convicted of fraud and embezzlement, China’s official news agency, Xinhua, reported. Wu will also have $1.6....More>>>
Edgewell Personal Care (NYSE:EPC) had its target price trimmed by Deutsche Bank from $48.00 to $43.00 in a research note released on Friday morning. The firm currently has a hold rating on the stock.
Several other equities research analysts have also recently weighed in on EPC. ValuEngine cut Edgewell Personal Care from a sell rating to a strong sell rating in a research report on Wednesday.....More>>>
Netflix, Inc.(NASDAQ:NFLX) stock received several price target upgrades after the recent earnings.
Shares of Los Gatos, California-basedvideo streaming giant, Netflix Inc (NASDAQ:NFLX) have been trending downwards after the company reported a miss on its subscriber numbers in its latest earnings report. Netflix stock is down by more than 5% since the earnings report, closing....More>>>
Westerly, RI, based Investment company WASHINGTON TRUST Co buys Johnson Controls International PLC, The Priceline Group Inc, NextEra Energy Inc, , US Bancorp, TJX Inc, Costco Wholesale Corp, American Tower Corp, KLA-Tencor Corp, BB&T Corp, sells Varian Medical Systems Inc, B/E Aerospace Inc, Synchronoss Technologies Inc, Core Laboratories NV, Cognizant Technology Solutions Corp during the 3-months....More>>>
Warren Buffett has made another investment in a lender that could revive financial confidence in a nation’s housing sector that has increasingly been the focus of investor concern.
This time Buffett’s investment comes in Canada, where the nation’s biggest non-bank lender has been teetering. Buffett’s Berkshire Hathaway has agreed to make a $1.5 billion loan to a unit....More>>>
As January and the new year settle in, many of us are wondering what 2017 will have in store. Even more interested are investors in Johnson Controls (NYSE:JCI), who are eager to see how the company performs after having completed its separation fromAdient and merger with Tyco. Fortunately, investors have the opportunity to gain some insight, as the company recently held its annual Analyst Day. Let’s....More>>>
On Friday, four out of ten of the worst performing small cap stocks had double digit losses due to announcing public stock offerings:
Medical device stock Transenterix Inc (NYSEMKT: TRXC) sank 40.37% after announcing a $24.9 million offeringand the pricing of its public offering of units, each consisting of one share of the Companys common stock, one Series A warrant to purchase one share....More>>>
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Citigroup (NYSE:C) has been one of my favorite financials for a very long time. The stock has remained cheap – in my view because of stigmas that no longer apply – and for that reason, I’ve stayed the course. That has been painful for the past couple of years as Citi has continued to languish but heading into Q4 earnings, Citi is rallying.....More>>>
Amaya’s stock has been on a wild roller coaster ride this year, with catalysts ranging from the CEO (David Baazov) being accused of insider trading, to takeover rumors, to failed mergers and now a formal bid by the aforementioned CEO. There have certainly been a lot of hopes and headaches, but I believe there is a strong underlining long case to be made on Amaya. I wrote a blog post about....More>>>