Lumen is the old US West, but highlighting fiber and hosting assets. Lumen uses depreciation to afford an enormous dividend. That dividend was once much bigger, which is what makes LUMN stock so cheap. Source: T. Schneider via Shutterstock Lumen Technologies (NASDAQ:LUMN) stock, previously known as CenturyLink, was the US West of the last century.
Tilray (NASDAQ:TLRY) announced on April 6 that its quarterly earnings ending Feb. 28 finally turned net income profitable. That’s the good news for the No. 1 market share cannabis company in Canada. But it also has bad news, hidden in the details that could keep hurting TLRY stock. So Tilray merged with Aphria last year
Why does the Fed cut interest rates when the economy begins to struggle—or raise them when the economy is booming? The theory is that by cutting rates, borrowing costs decrease, and this prompts businesses to take out loans to hire more people and expand production. The logic works in reverse when the economy is hot.
Although it is one of the also ran electric vehicle (EV) plays, Cenntro Electric (NASDAQ:CENN) has a lot going for it. At least, that is what it seems like on paper. Based on its touting of its $250 million cash position, 2021 delivery numbers, and $2.1 billion in sales by 2023, CENN stock may seem
A woman attempted to glue herself to the court during the Tuesday night NBA play-in game between the Los Angeles Clippers and the Minnesota Timberwolves. The woman, who was promptly removed from the arena in Minnesota by security officials, was protesting alleged animal rights abuses at an egg farm owned by Timberwolves owner Glen Taylor.
Stig Brodersen speaks with Reeves Wiedeman and learns the unfiltered story of The Rise and Fall of WeWork and co-founder Adam Neumann. IN THIS EPISODE, YOU’LL LEARN: 00:00 – Intro 04:20 – How WeWork got started 18:56 – How WeWork tried becoming a tech company with a 16-year-old Director of IT 26:00 – How Softbank
In today’s episode of let’s talk stocks, we’re going to talk about the basics of iron condors and why you may want to trade them. I’ll talk about what an iron condor is, how it works, how you can make money with it, the advantages and disadvantages of trading iron condors, and finally, we’ll set
In this article LATG Daniel Loeb, founder and chief executive officer of Third Point LLC Jacob Kepler | Bloomberg | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) The once red-hot SPAC market is becoming a fertile ground for activist investors who push for changes at problematic companies and profit from them. A record
In this article JPM The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares fell 3.5% as JPMorgan Chase reported a $524 million
AllianceBernstein (AB): Mergers and acquisitions are set to further improve its offerings in this rising rate environment. Ares Capital (ARCC): can churn higher returns from the loans offered to mid-sized firms. Costco Wholesale (COST): could benefit as housing and employment booms. Source: Chompoo Suriyo / Shutterstock.com The Federal Reserve increased the benchmark interest rates in
The investment choices are limited for those investors who need more regular distributions of income as the vast majority of securities make quarterly dividend payments. However, there are approximately 50 companies that offer monthly dividend stocks. Monthly dividend stocks can work to the investor’s advantage, especially if they require more consistent cash flows. Even better,
Newegg (NASDAQ:NEGG) stock has important strengths and key weaknesses. Newegg — an e-commerce company that focuses on tech — is a profitable, rapidly growing company in an expanding, very promising sector. But on the other hand, it appears to be a meme stock and has become linked to cryptocurrencies at a time when meme stocks
You love your home, but you’re sick of the popcorn ceilings and want to replace them. Or perhaps your child just got into their dream school and you want to help with the tuition. Whatever the case may be, your home can be a useful resource when you need a large amount of money. If your
Gevo (NASDAQ:GEVO) is developing renewable electricity and renewable natural gas for production processes, which has helped thrust GEVO stock into the spotlight. The company states that its “products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.” Gevo says its technology can also be
Frank James, the man who New York City officials say was responsible for the Tuesday-morning shooting aboard a Manhattan-bound N train, has been arrested, according to media reports. James was taken into custody at St. Marks Place and 1st Avenue in the East Village neighborhood of Manhattan, according to NBC News. He was allegedly involved
In this article ATRS BLK BBBY JPM DAL PYPL Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-quarter profit. The airline also said monthly revenue exceeded pre-pandemic levels for the first time in March.
Snap’s (SNAP) financial results and other metrics indicate that its initiatives are resonating with its users The company’s financial results are impressive The valuation of SNAP stock is attractive Source: dennizn / Shutterstock.com Snap Inc’s (NYSE:SNAP) Snapchat, a social media website, appears to be pushing the right buttons to keep its users highly engaged and
Biogen’s (BIIB) Aduhelm looks like a market failure Approvals on treatments that don’t cure are now under challenge There can be no unlimited draw from a limited pool of funds Source: PictureDesignSwiss / Shutterstock.com When Biogen (NASDAQ:BIIB) stock got its Alzheimer’s drug Aduhelm approved last June, the stock spiked to nearly $420/share. It was due
In March 2022, the Producer Price Index (PPI) for final demand increased by 1.4% on a seasonally adjusted basis. This follows monthly increases of 1.2% in January 2022 and 0.9% in February. On an unadjusted basis, the PPI has risen by 11.2% for the 12 months ending in March 2022, the largest 12-month increase since
Last week, SoFi (NASDAQ:SOFI) issued a weak outlook for 2022. Once again, Chief Executive Officer Anthony Noto blamed the student loan moratorium for lowering Sofi’s revenue outlook. President Joe Biden extended the federal student loan payment moratorium by four more months, to August 31, 2022. SOFI stock reacted negatively to the news. However, it also