On May 1, Apple announced a long-awaited dividend increase. The company, which is set to repatriate $283 billion into the United States, upped its payout, effective immediately, by 16 percent, from $0.63 per share to $0.73 per share. While its dividend yield is still a modest 1.56 percent, for the many investors who own the […]
Read moreBillionaire Leon Cooperman believes that no stock or sector is off limits when he’s looking for investing. In fact, he says, he’d buy any stock or bond at the right price. While the chairman and CEO of Omega Advisors says there’s no secret sauce, he points to one thing as crucial: free cash flow. “Free […]
Read moreOutgoing Starbucks Executive Chairman Howard Schultz told CNBC on Tuesday he doesn’t think the stock market will “continue to grow at the rate it has between now and 2020.” Schultz, who acknowledged he’s not an economist, also took aim at Donald Trump for using the stock market as an indicator of success in his presidency. […]
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Stock-market bulls have plenty to be proud of after two months of hard-won progress, but they still have a bit more to prove. The S&P 500 benchmark is up more than 6 percent since early April, chopping sideways and grinding higher through a well-hyped series of ills that threatened to compromise the health of the […]
Read moreOppenheimer Asset Management’s John Stoltzfus believes too many investors are watching the technology and small-cap rallies like a “Vegas lounge act.” In an interview on CNBC’s “Trading Nation,” the firm’s chief investment strategist suggested it’s a big mistake to view those groups as a sideshow to the struggling broader market. Rather, he suggests, it’s the […]
Read moreCheck out which companies are making headlines before the bell: Starbucks — Shares of Starbucks fell more than 1 percent in the premarket after the company announced Howard Schultz is stepping down as executive chairman, effective June 26. The move by Schultz has sparked speculation about a possible future in politics, having been a supporter […]
Read moreFor the majority of Americans, stocks and bonds represent the two asset classes anchoring an investment portfolio. There is also real estate, perhaps some alternative investing and maybe collectible items that carry significant value. But at the end of the day, the performance of stocks and bonds will drive the overall wealth of investors in […]
Read moreA stocks portfolio made up of hedge funds’ favorite picks put together by Goldman Sachs is up twice as much as the broader market this year, which is struggling for gains. The Goldman Sachs Hedge Fund VIP basket is up about 4 percent in 2018, while the S&P 500 index has gained just over 2 […]
Read moreIt’s time for investors to go long shares of Macy’s, according to Evercore ISI, as classic brands and retailers finally innovate their way into the digital era. Analyst Omar Saad, who “double-upgraded” his rating on shares of the iconic department store to “long” from “short” over the weekend, said that Wall Street’s fear about a […]
Read moreCheck out the companies making headlines before the bell: Microsoft – The tech giant has held talks recently with GitHub to discuss acquiring the software developer platform. GitHub was last valued at $2 billion in its last funding round 2015, but the price tag for an acquisition could be $5 billion or more, based on […]
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