Industrial conglomerate General Electric (GE, $23.19 as of Oct. 18) stunned income investors in 2009, in the wake of the financial crisis and bear market, with a then-unthinkable cut to its longstanding dividend. But after years of trying to regain Wall Streets trust by rebuilding its payout to shareholders, fears of another reduction are mounting just as the company prepares to release its latest....More>>>
(Published Feb. 28 by Bob Ciura)
Warren Buffett (Trades, Portfolio)’s investment conglomerate, Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), has a $148 billion stock portfolio. Buffett has filled his portfolio with high-quality dividend growth stocks.
One such dividend stock is General Motors (NYSE:GM). GM makes up approximately 1.2% of Berkshire’s portfolio.
Redfin (RDFN), or “Real Estate Redefined” in an abbreviated form, is one of the exciting new unicorn IPOs of 2017. Taking the massive real estate market and flipping it on its head is the goal of RDFN. They are attempting to be a disruptor in the space, and the Q2 2017 results show some great promise going forward. Knowledgeable real estate names like Zillow (ZG) CEO Spencer Rascoff....More>>>
American Express (NYSE:AXP) helped pioneer the charge card industry, and even now, the company’s brand carries an aura of affluence that rivals have struggled hard to try to duplicate. Yet American Express has fallen back from all-time highs over the past couple of years, and the loss of its branded-card partnership with retail giant Costco Wholesale (NASDAQ:COST) was a high-profile setback....More>>>
February 21, 2017: Markets opened higher Tuesday following a mixed Friday close. Solid earnings reports from Macy’s, Home Depot, and Wal-Mart all gave the pre-market session a boost. All 11 S&P sectors traded higher with less than an hour to go before the closing bell led by real estate and utilities. WTI crude oil for April delivery settled at $54.33 a barrel, up 1% on the day. April....More>>>
Commerce Secretary Wilbur Ross thinks a minimum wage hike is important — for workers in Mexico.
In a television interview Friday, he argued that one of the problems with NAFTA is that the minimum wage in Mexico hasn’t climbed as fast as it should.
“The theory of NAFTA had been [there would be a] gradual convergence of living standards between Mexico and the United....More>>>
Investment company Smith Shellnut Wilson Llc buys Vanguard S&P 500, TechnipFMC PLC, PPG Industries, Reynolds American, sells Harman International Industries, FMC Technologies, Guggenheim S&P 500 Equal Weight, United Parcel Service, Northrop Grumman during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Smith Shellnut Wilson Llc . As of 2017-03-31,....More>>>
By Emily Guy Birken, Next Avenue Contributor
(This article is adapted from the new book, End Financial Stress Now: Immediate Steps You Can Take to Improve Your Financial Outlook, by Emily Guy Birken.)
Personal-finance writers often offer ways to find extra money in a budget, but those suggestions are frequently either stress-inducing (like increasing income through side hustles),....More>>>
Just 10 days after Nevada legalized recreational marijuana, the state has hit a major roadblock.
Nevada’s governor has declared a “state of weed emergency” for recreational marijuana regulations after the state’s tax authority declared that many stores are running out of legal weed.
The emergency declaration comes after the state’s newly legalized....More>>>
(Editors’ Note: As discussed below, TPRP is a very illiquid security).
Tower Properties (OTCPK:TPRP) is one of the cheapest companies I have been able to find and is almost completely undiscovered by the investing public. This is a company where you are getting $1 worth of real estate, cash, shares, and property management/development/construction management earning streams for about....More>>>