General Electric should suspend its quarterly dividend for the next 18 months, Goldman Sachs wrote in a Thursday night note to clients. “To avoid another dividend cut and potential rating downgrade we think the most prudent action would be for GE to consider suspending its common dividend for the next 18 months,” Goldman Sachs said […]
Read moreOPEC ministers and their allied partners meeting in Vienna have agreed on oil production levels starting from July. A source confirmed to CNBC that a deal has been struck and a statement critical of the U.S. that Iran wanted to include would not be in the final communique. A report from Reuters put the agreed […]
Read moreCheck out the companies making headlines before the bell: BlackBerry – BlackBerry reported adjusted first-quarter profit of 3 cents per share, compared to analysts’ expectations of a breakeven quarter. The software and services company also saw revenue top estimates. Medtronic – The medical device maker announced a 9 percent increase in its quarterly dividend to […]
Read more
Another thing to think about when you’re shooting video is how you plan to use it. This will dictate which orientation you want to capture it in. Most of the time you will want to shoot with your phone on its side. As a pro shooter, I always shoot this way because most of the […]
Read moreSummer just started and history suggests a sunny forecast. In the 35 times since 1950 when the S&P 500 rose at least 3 percent heading into the first day of the season, the full year was positive every. That trend will stretch into a 36th year, according to Mark Tepper, president of Strategic Wealth Partners. […]
Read more
Bitcoin prices fell more than 5 percent on Friday after Japan’s financial regulator ordered several cryptocurrency exchanges to improve their practices against money laundering. The digital currency traded at $6,349 as of 7:45 a.m. ET, breaking below $6,400 for the first time in about a week, according to CoinDesk. The order from Japan’s Financial Services […]
Read moreCheating husbands and wives might be most common in Seattle, according to a report from infidelity website Ashley Madison. The dating site for married men and women analyzed its 2017 data, and revealed which cities had the most member signups per capita in a release shared with USA TODAY. The data specifically was pulled from […]
Read moreFormer FBI director James Comey suggested that Donald Trump’s move to separate migrant children from their parents — a policy the U.S. president hastily reversed on Wednesday —could be the most harmful misstep he has yet made to his administration. “Every so often, the giant is awakened that offends no matter where you are – […]
Read moreTrade war concerns have weighed on U.S. equity markets, but Chinese stocks are bearing the brunt of the international tension. China’s large-cap ETF, the FXI, just posted its 11th straight session of losses for the first time since 2012 as U.S.-China tariff talk remains a central market concern. The picture looks even grimmer when you […]
Read moreBlackBerry reported a quarterly loss on Friday, compared with a year-ago profit when the Canadian software maker received a one-time arbitration payment of $940 million from chipmaker Qualcomm. The company’s net loss was $60 million, or 11 cents per share, for the first quarter ended May 31, compared with a profit of $671 million, or […]
Read more