Rio Tinto plc ADR Common Stock (NYSE:RIO) traded down 5% during mid-day trading on Wednesday . The stock traded as low as $52.98 and last traded at $53.38. 6,098,501 shares were traded during trading, an increase of 99% from the average session volume of 3,070,225 shares. The stock had previousl
White Gold Corp. (CVE:WGO) Director David D’onofrio purchased 49,000 shares of the business’s stock in a transaction on Friday, April 20th. The shares were acquired at an average price of C$0.80 per share, with a total value of C$39,200.00.
General Electric Co. (NYSE: GE) stock posted a dip of about 0.9% last week, not much, but not good enough to shake the company’s ranking as the worst performing Dow Jones industrial average stock for the year to date.
GE shares have lost nearly 17% of their value in 2018 and have fallen nearly 52% during the past 12 months. The second-worst Dow stock so far this year is Procter &....More>>>
Target Corporation (TGT) offers a perfect buying opportunity to long-term investors, as the company continues to generate optimistic results, while strong operational and timely business strategies will allow it to outperform the market headwinds. Retailers have experienced significant losses in the first half this year due to rising inflation, increasing costs, mounting competition and tightening....More>>>
Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) announced a quarterly dividend on Thursday, May 10th, Zacks reports. Shareholders of record on Wednesday, May 30th will be paid a dividend of 0.17 per share by the business services provider on Wednesday, June 20th. This represents a $0.68 annualized dividend and a yield of 2.05%. The ex-dividend date is Tuesday, May 29th.
Retirees should generally invest in companies with wide moats and solid dividends. In a previous article, I noted that AT&T and Unilever were easy-to-understand companies that were ideal for most retirement portfolios. Today, I’ll add two more companies to that list — alcoholic beverage giants Diageo (NYSE:DEO) and Anheuser-Busch InBev (NYSE:BUD).
Eldorado Resorts Inc. and real-estate company Gaming and Leisure Properties Inc. are teaming up to buy Carl Icahn’s casino operator, Tropicana Entertainment Inc., for $1.85 billion in cash, adding to a wave of consolidation in the gambling industry.
Gaming and Leisure will pay $1.21 billion for most of Tropicana’s casinos and will lease the properties to Eldorado, the buyers....More>>>
What exactly are “baby bonds” and why do they pay such high yields? How safe are they? Where do they fall in the capital stack when it comes to possibly bankruptcy.
Baby bonds, or exchange-traded debt, are similar to preferred stock in that each behaves both like a stock and a bond. Baby bonds trade like stocks on the major exchanges, however there is a narrow range of prices....More>>>
ImmunoGen (IMGN) is a clinical-stage biotechnology company focused on cancer treatments. The stock price has been on a roll this year, rising from a 52-week low of $2.30 per share on February 8, 2017, to a 52-week high of $10.04 on February 2, 2018.
ImmunoGen does not yet have approval from the FDA to market a drug. The excitement is based on clinical trial results so far, raising hopes for....More>>>
Shares of United Parcel Service (NYSE:UPS) gapped up before the market opened on Tuesday . The stock had previously closed at $113.61, but opened at $115.78. United Parcel Service shares last traded at $115.91, with a volume of 129650 shares changing hands.
A number of analysts have recently weighed in on UPS shares. Zacks Investment Research downgraded United Parcel Service from a “buy”....More>>>
There are almost as many dividend-stock-picking strategies as there are dividend stocks. You could go for the dividend achievers, which have boosted dividends for at least 10 consecutive years, or the aristocrats, which have raised dividends for at least 25 years. You could focus on stocks with the fastest dividend-growth rates, or simply those with todays highest yields.
The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
After winning re-election in a vote derided as a sham, Venezuelan President Nicolas Maduro is embarking on a more difficult task: persuading everyone who labeled him a ruthless autocrat that he’s allowing enough freedom to avoid more punishment or international retribution.