Shares of storied industrial conglomerate General Electric (NYSE:GE) plummeted more than 7% on Wednesday, after CEO John Flannery refused to guarantee that the current GE dividend of $0.48 per share ($0.12 per quarter) was safe in 2019. This was unwelcome news, given that GE slashed its dividend
State of New Jersey Common Pension Fund D lessened its stake in shares of Capital Senior Living (NYSE:CSU) by 5.3% in the first quarter, Holdings Channel reports. The institutional investor owned 180,000 shares of the company’s stock after selling 10,000 shares during the quarter. State
Warren Buffett has said that his “favorite holding period is forever,” and I generally invest with that same philosophy in mind.I don’t think I’ll keep each and every stock I own forever — after all, there are plenty of valid reasons to sell stocks, and there’s no way of knowing how a company or its industry will change in the future.
The American Society for Clinical Oncology (ASCO) annual meeting doesn’t start for a few weeks, but a few companies made big moves on Thursday based on data in their abstracts that were released Wednesday evening. Here’s a breakdown of the pops and drops and a look at what to expect when ASCO kicks off on June 1.
The stock market’s relentless march upward has pushed the prices of many companies higher. As investors bid up good and bad businesses alike, that can make it hard to discern which companies are the best dividend growth stocks for long-term investors.
That’s especially true in the world of dividend stocks, where income-starved investors face great temptation to reach for high-dividend....More>>>
Endocyte (NASDAQ:ECYT) is set to release its earnings data after the market closes on Monday, May 7th. Analysts expect Endocyte to post earnings of ($0.19) per share for the quarter.
Endocyte (NASDAQ:ECYT) last posted its quarterly earnings data on Monday, February 26th. The biopharmaceutical company reported ($0.18) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.16)....More>>>
As a wealth manager, I sometimes encounter clients who operate under the assumption that portfolio principal should never be touched for the purposes of supplementing their lifestyle. That is, they are hard-wired to believe that only portfolio income, such as dividends and interest—and never their principal — is available. I strongly disagree with this....More>>>
There are lots of articles out there talking about how the smartest move you can make for your retirement is to start saving and investing today. And (of course) if you’re young enough to enjoy the power of compound interest, that is absolutely the best advice out there.
But what about those who are nearing retirement right now? What steps can they take to ensure a healthy and happy....More>>>
After a whirlwind week of new schedule reveals, surprise cancellations and buzzwords, the 2018 upfronts are done. It was an interesting week, and perhaps one of the more unpredictable ones in recent years. Now though, it's up to the advertisers to ultimately d
Media stories about Daktronics (NASDAQ:DAKT) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale