Month: February 2022

The good news in 2021 is that dividend payments were back after many companies cut or suspended their payments due to Covid-19. Dividend ETFs were the net beneficiary of this return to normalized payouts. S&P 500 companies increased their dividends last year by more than $70 billion. Morningstar market strategist Dave Sekera believes some of the companies in
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While refinancing should result in lower expenses for the homeowner, the process also comes with one-time fees, called closing costs. These fees are paid out of pocket at closing or rolled into the new loan and paid monthly. Knowing the costs of refinancing will help you decide if this is a smart financial move. Common
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Tesla Inc. Chief Executive Elon Musk donated more than 5 million Tesla shares in November, days after the U.N. World Food Program outlined a plan to potentially use a $6 billion donation from the world’s richest man. A filing with the Securities and Exchange Commission made public Monday showed the donation, but not the recipient.
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Artur Widak | NurPhoto | Getty Images The bitcoin narrative could be tested this week as investors monitor tense developments between Ukraine and Russia and weigh the possibility of the Federal Reserve hiking interest rates by 50 basis points, or 0.5 percentage point, in March. The largest cryptocurrency by market capital currency has long been
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The demand for semiconductor chips is tremendous and growing, while the world’s largest chipmakers are rushing to dramatically increase their production. That makes Applied Materials (NASDAQ:AMAT) stock a great play here. Source: Shutterstock The company, which makes equipment used in semiconductor production, also has a lot of fans on Wall Street. Multiple analysts are very
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The verdict is still out on the viability of Gores Guggenheim (NASDAQ:GGPI) stock. Source: Jeppe Gustafsson / Shutterstock.com Gores is a special purpose acquisition company (SPAC) with plans to merge with Polestar, an EV maker gaining serious attention. If you’re connected to the electric vehicle industry, the new normal presents both opportunities and frustrations. On
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Pfizer Inc. (PFE) generates revenue globally through the development, manufacture, and sale of a broad range of biopharmaceutical products. These products are derived from biological sources, such as organs and tissues, microorganisms, or animal fluids, and are obtained through biotechnological processes. Pfizer works across developed and emerging markets, and collaborates with other companies to develop
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Kellogg Co. reported fourth-quarter earnings and sales that beat expectations despite a worker strike, a plant fire and broader shortages and disruptions impacting many consumer companies. Still, the cereal and snack company was downgraded to underweight from neutral at JPMorgan. Analysts cut their price target for Kellogg K, +0.96% to $57 from $64. “There’s still
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When you pay off a loan in equal installments, the calculation that is used to figure out what you owe the lender is called amortization. To ensure that the lender gets as much of your money up front as possible, loans are structured so that you pay off more of the interest owed early in
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Earnings season continues, and while there have been some notable high profile misses for the fourth and final quarter of 2021, FactSet reports that with 56% of S&P 500 companies having issued earnings reports, 76% announced a positive earnings per share (EPS) surprise and 77% reported a positive revenue surprise. Also, the blended earnings growth
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Just as tax season heats up, inflation data shows the economy still running hot. On Thursday morning, Consumer Price Index data from the Labor Department showed a 0.6% increase month over month on the January prices people paid for everyday goods. That’s a 7.5% increase year over year, topping Wall Street expectations. This pace of
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