There are few things the stock market likes less than a dividend cut. Midstream energy company Kinder Morgan (NYSE:KMI) found this out back in 2015 when it slashed its payout by 75%; the share price still hasn't recovered.
Likewise, fellow midstream company Buckeye Partners (NYSE:BPL)
Equities research analysts expect GRUPO AVAL ACCI/S (NYSE:AVAL) to report $0.18 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for GRUPO AVAL ACCI/S’s earnings. GRUPO AVAL ACCI/S posted earnings of $0.14 per share in t
Strategy Asset Managers LLC purchased a new position in Analog Devices (NASDAQ:ADI) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 30,582 shares of the semiconductor company’s stock, valued at approximately $2,787,000.
A number of other hedge funds and other institutional investors have also modified their holdings of ADI. Sterling....More>>>
There’s no question thatMcDonald’shas delivered for investors in recent years. The stock is up 71% over the past three years, since CEO Steve Easterbrook took over, easily outperforming theS&P 500’s increase of 26% during that time. Factoring in McDonald’s current dividend of 2.6%, shares have returned 87% over the last three years.
AMD (NYSE:AMD) does not need a merger or buyout as some have written. Those days are long gone. If it were going to happen, it would have been two years prior when AMD was really feeling the pain and the balance sheet was a wreck. Since then they have drastically reduced debt while expanding product offerings. In this article we are going to cover a brief history, growth prospects, why a buyout....More>>>
Philippines President Rodrigo Duterte is fighting two wars: a diplomatic war in the South China Sea, and a real war against corruption and drug trafficking at home. He doesn’t seem to know what he’s doing in either of them, leaving the country deeply confused, divided, and at odds with friends and neighbors.
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Wednesday, May 16.
Can just two stocks ignite a rally? They can. Case in point – Macy’s (NYSE:M) and Micron Technology (NASDAQ:MU) on Wednesday. The market had been engulfed with macro news and tensions of rising oil prices, rising interest rates, US-China relations, North Korea. “In this....More>>>
Can I take a tax deduction for my long-term-care insurance premiums?
Take Our Quiz: Is It Tax Deductible?
Maybe. If you have a tax-qualified long-term-care insurance policy, you may be able to deduct a portion of your premiums as a medical expense. (Most traditional long-term-care policies qualify, but ask your insurer.) You can deduct eligible out-of-pocket medical expenses only if....More>>>
eBay (NASDAQ:EBAY) was part of a funding round for Flipkart last year, when it raised $1.4 billion at an $11.6 billion valuation. Just over a year later, it’s selling its stake in the company to Walmart (NYSE:WMT) as part of a $16 billion acquisition valuing Flipkart at over $20 billion.
As part of last year’s deal, eBay gave control of eBay India to Flipkart. Part of its agreement....More>>>
State of Wisconsin Investment Board increased its holdings in eBay (NASDAQ:EBAY) by 5.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,187,584 shares of the e-commerce company’s stock after acquiring an additional 61,028 shares during the period. State of Wisconsin Investment Board owned about 0.12% of....More>>>
U.S. equities were higher Wednesday as the Dow Jones Industrial Average surged more than 300 points, snapping a five-day losing streak. The index was up 0.3% by day’s end, while the S&P 500 Index gained 0.2% and the Nasdaq Composite fell a fraction of a percentage.
Earnings season is in full swing at the moment and plenty of enterprises reported their results....More>>>
eBay (NASDAQ:EBAY) and PayPal (NASDAQ:PYPL) aren't renewing their operating agreement that was penned when the online marketplace business spun off the payments business. The two companies jointly announced the plan about a year ago during their respective earnings calls for the fourth quarter o
Expectations were high going into PayPal's (NASDAQ:PYPL) fourth-quarter financial release. The digital payment processor was rolling into the end of a banner year, exceeding its forecast and raising guidance in each of the three previous quarters. Investors have come to expect the "beat and rais
Many market commentators will try to explain why the stock market kicked off 2019 with the best January in decades, but CNBC's Jim Cramer stressed on Friday that the move wasn't tied to historical patterns or the calendar.
Shares of eBay (EBAY ) popped 0.89% during regular trading hours Monday, one day before it is set to report its fourth quarter financial results. So, let’s see what investors should expect from the e-commerce giant’s earnings Tuesday.