Wells Fargo gave CEO Tim Sloan a 5 percent increase in total compensation even as the bank struggles to recover from a series of scandals.
Martin Midstream Partners L.P. - Executive VP, CFO & Director of Martin Midstream GP LLC * Ruben S. Martin Martin Midstream Partners L.P. - President, CEO & Director of Martin Midstream GP LLC
Here are three stocks that dividend lovers should be looking at today -- two with big yields and one with a smaller yield that's high compared with its own history. Handling the ups and downs This trio of stocks starts off with ExxonMobil (NYSE: XOM). The first thing to know about this diversified energy giant is that its earnings and stock price will tend to go up and down along with the price of oil and natural gas.
Cooper Tire & Rubber Co (NYSE: CTB) announces its next round of earnings Monday, July 29. Here's Benzinga's look at Cooper Tire & Rubber's second-quarter earnings report. Sell-side analysts expect Cooper Tire & Rubber's EPS to be near 50 cents on sales of $720.69 million.
An American Airlines employee busted out some fly moves on an airport tarmac, and a passenger caught the joyful dance on video.
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. Importantly, The TJX Companies, Inc. (NYSE:TJX) does carry debt.
China is racing to keep foreign enterprises in-country, dangling special benefits so that the advantages of staying outweigh the heavy tariffs imposed by the US. A year into the trade war with Washington, more than 50 global companies, including Apple and Nintendo, have announced or are considering plans to move production out of China, Nikkei research has found. Chinese manufacturers, as well as those from the US, Japan and Taiwan, are part of the drain, including makers of personal computers, smartphones and other electronics.
To paraphrase Cousin Eddie in National Lampoon's Christmas Vacation, dividend stocks are the gifts that keep on giving. Here's why Bank of America (NYSE: BAC), Oracle (NYSE: ORCL), and UnitedHealth Group (NYSE: UNH) especially stand out as likely candidates. Bank of America's dividend yield currently stands at a little over 2%.
Some investors might be leery of Aurora Cannabis (NYSE: ACB) right now -- even those who cheered for the stock earlier this year. You can count Bank of America?Merrill Lynch analyst Christopher Carey in that group. After recommending Aurora in April, Carey reversed course earlier this month and downgraded the stock to a neutral rating.
The U.S. Energy Information Administration (EIA), for example, projects that solar's share of the U.S. renewable power space will expand from 13% in 2018 to nearly 50% by 2050, surpassing all other renewable energy sources as renewable power's share of the overall grid expands from 18% to 31%. These are just the projections for the U.S. grid, and this trend is a worldwide phenomenon. Early in its life, Enphase grew quickly but lacked financial and operational discipline.
Many investors tend to think that the universe of low-priced stocks is a speculative cesspool, stocked only with obscure companies that are there for a reason. Vipshop Holdings (NYSE: VIPS), Ford (NYSE: F), and Sirius XM Holdings?(NASDAQ: SIRI) are three of the stocks currently trading in the single digits that stand a good chance of breaking out. There was a time when Vipshop Holdings was the market's shiniest star, more than doubling for three consecutive years between 2012 and 2014.
Let's take a look at Honeywell International's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. What is Honeywell International worth? According to my valuation model, Honeywell International seems to be fairly priced at around 9.1% below my intrinsic value, which means if you buy Honeywell International today, you'd be paying a fair price for it.
As Mark Cuban, the “Shark Tank” star, billionaire entrepreneur, and NBA franchise owner explains, just pay off your debts. The personal finance site NerdWallet put our revolving credit card balance at $420.22 billion in late 2018. The revolving number is just the credit card debt we carry from month to month.
Goldman is counting on a memory industry revival Delaney believes that Micron stock will be driven by memory price trends, as stated in his research note: "Importantly, we believe that Micron's stock will trade more on memory pricing trends and intermediate term EPS expectations than FY20 earnings." But a closer look at memory industry trends indicates that Micron shares could be heading lower if Delaney's thinking is correct. The analyst's thesis is possibly based on the recent improvement in memory prices following Japan's curb on chemical supplies to South Korea.
Procter & Gamble's (NYSE: PG) business has been in rebound mode for nearly a full year, and investors have responded by pushing its shares higher by over 20% so far in 2019. Wall Street has applauded P&G's market share gains, its balanced growth, and its improving profitability. P&G's last three quarters included some of its fastest growth since 2012, when the company started its portfolio transformation strategy that cleaved 100 brands from the business.
That's because — get this — the wealthiest 10% of households own 84% of all stocks—and that includes pension plans, 401(k) accounts and individual retirement accounts (IRAs) as well as trust funds, mutual funds and college savings programs like 529 plans. That means 90% of American households own the remaining 16% of all stock. These sobering stats come courtesy of Edward N. Wolff, an economist at New York University, who tells the New York Times “For the vast majority of Americans, fluctuations in the stock market have relatively little effect on their wealth, or well-being, for that matter.
Here's why they picked A.O. Smith (NYSE: AOS), Take-Two Interactive (NASDAQ: TTWO), and Guardant Health (NASDAQ: GH). Reuben Gregg Brewer (A.O. Smith): "Getting started" isn't quite the right term for A.O. Smith, where earnings rose at a 25% compound annual rate between 2010 and 2018. The culprit is a projected sales decline in China of between 6% and 8%.
Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. The company paid out 99% of its free cash flow over the last year, which we think is outside the ideal range for most businesses. Cash flows are usually much more volatile than earnings, so this could be a temporary effect - but we'd generally want look more closely here.
That surge means Wall Street will be closely following the meat-substitute specialist's second earnings report as a public company on Monday. Beyond Meat's first-quarter report contained some elements of the blockbuster results that investors are hoping for out of a growth stock. Sales rose over 200% as the company signed up new restaurant and retailing partners to showcase its plant-based meats.
Except for Cronos Group, all four of the other top Canadian pot stocks ended last year more than 50% off of their high levels. And during part of the year, Cronos was more than 40% off of its highs. Every one of the biggest five Canadian cannabis producers by market cap experienced a steeper decline in 2018 than it's had in 2019.
AT&T (T) reported its second-quarter results before markets opened on Wednesday. AT&T's revenue rose 15.3% YoY to $45.0 billion, exceeding analysts' estimate. Analysts' price targets for AT&T On Thursday, Raymond James and JPMorgan Chase raised their price targets for AT&T stock, from $34 to $35 and $38 to $39, respectively.
Snap crushes estimates Shares of Snap soared after the social network reported its second-quarter results. Revenue for the quarter surged 48% year over year to $388 million, crushing analysts' consensus estimate for revenue of $360 million. Growth was fueled by the company's improving engagement as Snap continues to invest in improving its platform.