This has been the most traumatic year for dividend investors since 2008, if not longer. Major blue-chip companies have been announcing dividend cuts or suspensions almost every day. Last Tuesday, Disney (NYSE:DIS) joined the crowd with its shocking decision to not pay its dividend for the first half of 2020. And in the high-yield space,
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Take a look at some of the biggest movers in the premarket: Norwegian Cruise Line (NCLH) – Norwegian reported a first-quarter loss of 99 cents per share, wider than the 50 cents a share loss that analysts had projected. Revenue was in line with forecasts. The cruise line operator said it was well-positioned to withstand
Stocks swooned on Wednesday after Federal Reserve Chairman Jerome Powell said the novel coronavirus has created lingering uncertainty for the U.S. economy while scoffing at the notion that negative interest rates could help the world’s largest economy regain its footing. Source: Provided by FInviz The S&P 500 slid 1.75%. The Dow Jones Industrial Average tumbled
[Editor’s note: “Consider Bank of America (BAC) Stock a Buy If Markets Retest Lows” was originally published on March 23. It has since been updated to reflect the most relevant information available.] Source: Tero Vesalainen / Shutterstock.com As the recent market rebound starts to pullback, is Bank of America (NYSE:BAC) a buy? Perhaps. The novel
[Editor’s note: “After 70% Rebound, It’s Time to Ditch Chevron Stock” was originally published April 6. It has since been updated to reflect the most relevant information available.] Source: Denis Kuvaev / Shutterstock.com What’s next for Chevron (NYSE:CVX)? Like its major oil company peers, Chevron stock has been hammered thanks to record low energy prices,
Bill Miller, founder of Miller Value Partners, disagreed Wednesday with the assessment made by other major investors about the market’s valuation being too high. “If you look at the overall market … we’re trading around 17 times the consensus on bottom-up earnings for 2021, which is about the average for the last five years,” Miller
Halliburton (NYSE:HAL) stock will get a huge boost this week if the company declares another regular quarterly dividend. Typically it declares the second-quarter dividend around May 15 or so. So investors should look to see if the company continues the dividend. Source: Casimiro PT / Shutterstock.com Right now, Halliburton yields 6.7% based on its quarterly
A selection of food that is on the menu at the Jack in the Box on Campus Drive in Irvine, Calif. Glenn Koenig | Los Angeles | Getty Images Check out the companies making headlines after the bell. Cisco Systems — The technology company’s stock rose 2% in extended trading after Cisco reported third-quarter earnings.
One of the top stories of the day on Tuesday was a real shocker for the aviation industry. Reportedly Dave Calhoun, the CEO of Boeing (NYSE:BA), opined that it is “likely” that one of the major U.S. carriers will go out of business in 2020. Source: Shutterstock That’s a dire prediction, and it’s coming from
Research has shown that value stocks offer greater upside potential over the long term with less volatility than growth stocks. History also shows that small- to mid-cap stocks tend to outperform large-cap stocks over the long term, but with greater volatility. Depending on your risk profile, your core holding allocation could be large enough to
The worst appears to over at Ford Motor Co. (NYSE:F) and now may be the time for F stock holders and prospective investors to turn bullish on the iconic American automaker. Source: Vitaliy Karimov / Shutterstock.com It’s been a difficult few years for Ford and its shareholders. Before the Covid-19 pandemic shutdown manufacturing, the Dearborn,
In late April, the supply-demand imbalance in the oil market took an almost comical turn. The futures contract for May delivery actually sold at a negative price for the first time in history. Cristian Tiu, chair and associate professor of finance at the University of Buffalo’s School of Management likened what is happening to oil
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters Stock buybacks are on track for the lowest total on record this quarter, according to Bank of America. The sharp economic
On Friday, Allergan shares ceased trading as the company’s merger with AbbVie (NYSE:ABBV) finally went through. The deal removes AGN stock from the exchanges, and those who were long are now long AbbVie (and the combined company). Source: Piotr Swat / Shutterstock.com Specifically, those investors received $120.30 per share in cash, along with 0.866 shares
Retail investors are trading more. The move to $0 commissions is likely a major factor. But there are more things occurring to encourage retail trading, including stay-at-home orders and market volatility. Add it all up and you get electronic brokers reporting trading volumes that are up 100% year over year. In the first quarter alone,
Take a look at some of the biggest movers in the premarket: CyberArk Software (CYBR) – The cybersecurity company reported quarterly profit of 50 cents per share, beating the consensus estimate of 36 cents a share. Revenue also beat forecasts. CyberArk said that due to the pandemic, it expected customers to make “more cautious” purchasing
Stocks declined Tuesday after Dr. Anthony Fauci told senators the U.S. shouldn’t rush to reopen the economy, as that could risk unleashing a second wave of the novel coronavirus outbreak. Source: Provided by Finviz The S&P 500 lost 2.05%. The Dow Jones Industrial Average retreated 1.89% The Nasdaq Composite fell 2.06% With financial services names under
[Editor’s note: “10 Stocks to Invest In for a Post-Coronavirus Whipsaw” is regularly updated to include the most relevant information available.] My two cents on the investment implications of the global coronavirus pandemic is simple: use the dip to look for the best stocks to invest in 2020’s uncertainty for the long-term. Yes, Covid-19 is
Carnival Cruise Lines (NYSE:CCL) has been one of the biggest gainers in the entertainment and travel space in recent weeks. Sure, CCL stock is still down sharply since before the novel coronavirus began. However, since the March lows, Carnival’s stock has soared from a low of around $8 back to almost $14 now. That’s a
The Robinhood application is displayed in the App Store on an Apple Inc. iPhone in an arranged photograph taken in Washington, D.C., U.S., on Friday, Dec. 14, 2018. Andrew Harrer | Bloomberg | Getty Images The coronavirus market downturn spurred young people — in some cases, for the first time in their lives — to get