Japan's Nikkei rose on Thursday morning driven by gains in index-heavyweight SoftBank Group while investors bought futures as global risk issues such as a no-deal Brexit receded. SoftBank Group Corp soared 4.6 percent to 11,160 yen, the highest since early October fuelled by news it is mulling an investment in Uber's self-driving unit. It added 45 hefty positive points to the Nikkei index.
Linamar reported strong fourth-quarter earnings today (March 11) as its surging industrial manufacturing business offset softer demand for auto parts in Europe and Asia. Linamar, Canada's second-largest auto parts maker, reported C$1.7 billion in sales in the fourth quarter of 2018, a 10 percent increase, and earnings of C$171.1 million, an 8.2 percent increase. It capped off a record year for the Ontario-based company, which reported C$7.6 billion in sales and a profit of $C1.18 billion.
The regulations are slated for passage Friday by the National People's Congress during a once-a-year gathering of legislators to seal the country's most important policies. Key pillars of the new law will remove a major threat to investors in its massive technology sector, while putting thousands of overseas companies on notice they may need to renegotiate joint ventures in China. In the latest draft, Beijing dropped language that would have invalidated the so-called “variable-interest entity” structures employed by Chinese tech giants from Alibaba Group Holding Ltd. to Tencent Holdings Ltd. But it's also proposing to scrap special laws governing Sino-foreign tie-ups -- a move that could force them to re-examine longstanding contracts, lawyers say.
According to a 2018 Fidelity Investments analysis, average retirement-account balances are $106,500 for 401(k)s, $111,000 for IRAs, and $85,500 for 403(b)s. That's a far cry from what Fidelity recommends most Americans save: six times their salary by age 50, and seven times their salary by age 55. About 29% of households with members aged 55 and over have neither retirement savings, such as 401(k) plans or individual retirement accounts (IRAs), nor a defined-benefit (DB) plan (a traditional pension). An additional 23% do have a DB plan, but no other retirement savings.
Federated Investors Global Equities CIO Steve Auth and Oberweis Asset Management President Jim Oberweis on whether investors should be concerned about Boeing's stock after President Trump ordered all Boeing 737 Max jets to be grounded and the U.S.-China trade deal.
Equities have had a decent rebound so far this week after suffering the worst weekly selloff since December the previous week. The S&P 500 is up nearly 2% on the week and is back above a 10% rise so far in 2019. The Dow Jones Industrial Average is being held back by the performance of Boeing Co. , which is one of two well-known names stuck in sagas largely of their own making.
Google the question “What's considered a high dividend yield?” and you get more than 65 million results. If you are interested in high-yield dividend stocks, it's better to focus on a company's history of growing its dividend rather than just looking for the juiciest dividend yields. The trick is finding those stocks.?Here are seven high-yield dividend stocks to buy with a payout of 5% or more that I believe can get the job done.
Wells Fargo is heading back to Texas, telling shareholders Wednesday that this year's annual meeting will be at the Dallas-Fort Worth airport on April 23. The bank's shareholder meeting, which will take place at 10 a.m. Central time at the Grand Hyatt DFW, will likely draw protesters and other critics of the bank, as has occurred in recent years. The bank's last annual meeting in San Francisco in 2012 turned into a two-day event triggering road closures and drawing thousands of protesters that required some attendees to step over a row of protesters chained together after passing through a police line.
Another robust trading session has the S&P 500 threatening to run higher, especially if the index can stay over this ~2,800 level. That said, there were some big movers in both directions today, so let's get a look at our top stock trades moving forward. Top Stock Trades for Tomorrow #1: Aurora Cannabis Shares of Aurora Cannabis (NYSE:ACB) were flying higher Wednesday, up almost 13% after it was announced that Nelson Peltz would be an advisor to the company.
Screen of the Week written by Kevin Matras of Zacks Investment Research: Scoop Up Big Gains with 5 Stocks Enjoying Rising Cash Flows If achieving profit is a company's goal then having healthy cash flow is most essential to its existence, development and success. This is because cash offers strength, vitality and flexibility to make investment decisions as well as the fuel to run its growth engine. Often investors flock to companies that earn profits.
Think about what that non-cash charge, combined with the dividend cut really does for KHC, though, and decide for yourselves whether that was good or bad news for new investors in KHC. Writing down asset values of acquired companies takes a chunk out of stated book value, but doesn't dent the firm's balance sheet. The money written off was paid years ago and is long gone.
Co-Founder and CEO of the Rise Fund and Co-Founder and Managing Partner of TPG Growth Bill McGlashan speaks onstage during Vanity Fair New Establishment Summit. The?sweeping allegations unsealed by federal prosecutors Tuesday?that university coaches, wealthy parents, and others conspired to get unqualified kids into elite U.S. universities have already shaken up the business world. Henriquez had?“stepped aside”?as CEO of the firm by 6 a.m. Wednesday, and Bill McGlashan, founder and partner of?TPG Growth?who was also charged, was put on “indefinite administrative leave.” There may be more fallout, as the scandal stirs up rage that may influence how the public views the corporations that employ or are led by people accused of gaming the system.
Most people think they're above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding — money and investing. “One of the most shocking things is the low-level financial literacy throughout our culture,” Puritz told the Washington Post.
Boeing is under pressure following the crash of an Ethiopian Airlines 737 Max 8 over the weekend. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Chris Verrone, Brian Kelly and Dan Nathan.
Gates, the billionaire co-founder of Microsoft Corp. and the world's second-richest man, has suggested that an increase in the capital gains tax rate is the simplest and most direct way to target America's wealth. Democratic tax proposals are simply a “stealth attack” on the preferential rate for capital gains, said Christopher Faricy, a political science professor focused on tax and inequality at Syracuse University.
It doesn't matter how solid your retirement plan is if you break it by taking your money out of the market prematurely. Once you've filled that emergency savings bucket, aim to pay down as much debt as possible. That's key to feeling secure once you leave the workforce, because it means that less of your retirement funds are tied up in fixed expenses, Black says.
CARACAS/PUNTO FIJO, Venezuela (Reuters) - Two storage tanks exploded at a heavy-crude upgrading project in eastern Venezuela on Wednesday, according to an oil industry source and a legislator, while the country's main oil terminal resumed shipments after a prolonged blackout. The tanks at the Petro San Felix project were holding diluent, which is mixed with extra-heavy Orinoco belt heavy crude to make it lighter, legislator Jose Brito said in a telephone interview. An oil industry source who asked not to be identified said the two tanks were located at a pumping station associated with the Petro San Felix project.
just got a new BFF in the form of Nelson Peltz as an adviser to the company. In this daily bar chart of ACB, below, we can see an interesting base pattern and accumulation (buying) on this chart. Use your imagination and draw a horizontal line across $8 or $8.50 and now you should be able to see a saucer-like bottom formation.
Buy it because Nelson Peltz is now an advisor to the company with options to buy 20 million shares at a minimum. Buy it because Nelson's contacts are vast and he knows consumer packaged goods incredibly well. , where he formerly was on the board, Nelson knows what can go right with cannabis, which you know I think could disrupt $500 billion dollars' worth of food, beverage and medicine.
There are some stocks that I consider buying on every dip, and?Boeing (NYSE:BA) stock is one of them. Boeing stock is down after the crash of a Boeing 737 Max 8 Jet. With emotions still running high, many investors are wondering how to approach BA stock now.
Shares of CVS Health CVS surged over 4% through mid-afternoon trading Wednesday on the back of a bullish call from Bernstein analysts. Bernstein analyst Lance Wilkes initiated coverage of CVS with an “outperform” rating and a $76 a share price target. Bernstein was also positive based on the company's current valuation and its earnings growth prospects, among other reasons.
Earlier this month, I thought I made a persuasive case for investors to avoid Roku (NASDAQ:ROKU) stock before it went on a tear in the wake of better-than-expected earnings and optimism about a partnership with Apple (NASDAQ:AAPL). Since my crystal ball appears to have been faulty, I decided to take another look at ROKU stock and have decided that it may be worth considering for investors with very high tolerances for risk. To be sure, Roku has got plenty going for it including a popular lineup of products that high tech experts rave about.
We can also help you find a financial advisor to guide you through the process of strategizing your retirement abroad. If you're finding it hard to stretch your dollar in the U.S., you might want to consider the the Philippines for your golden years. Numbeo, a major database of economic conditions in different countries, reports that the cost of living in the Philippines is significantly lower than it is in the U.S. How much lower?
The San Antonio-based company said it had profit of 33 cents per share. Earnings, adjusted for non-recurring gains, came to 2 cents per share. The results missed Wall Street expectations.
An investment into Alibaba at the close of its first day of public trading would have increased in value by about 92 percent as of Mar. 11, 2019, according to CNBC calculations. Analysts said that the economic slowdown in China will affect Alibaba in the short-to-medium term, especially if it results in a pullback in domestic consumption. One of China biggest technology names, Alibaba BABA has a market value of about $467.66 billion and its stock is up more than 31 percent year-to-date.