Day: April 21, 2022

Large yellow signboard on metal frame with the word IPO

Specialty Building Products updates details about proposed $100M IPO

ismagilov/iStock via Getty Images Specialty Building Products (SPB), a distributor of residential building materials, has disclosed additional details about its proposed $100M initial public offering. The company didn’t disclose the number of shares and pricing of the IPO, but stated that it may seek to raise up to $100M, a number that it likely a...

Kering Q1 sales lifted by U.S., Europe

Kering Q1 sales lifted by U.S., Europe By Reuters

© Reuters. FILE PHOTO: A man looks at a window display outside a Gucci store, part of the Kering group, at Tsim Sha Tsui shopping district in Hong Kong January 17, 2013. REUTERS/Bobby Yip/File Photo PARIS (Reuters) – Gucci owner Kering (EPA:) said on Thursday its sales rose 21% on a like-for-like basis over the...

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5 Best Crypto to Buy for Lower Risk Returns April 2022 Week 3

Crypto investments are a good way for investors to diversify their portfolios as they present investors with a great opportunity to earn profits. However, investors need to be aware of the best crypto to buy for lower risk returns. This guide provides information on 5 of these coins and why they are the best crypto...

Tesla Chart

What Investors Can Learn From Tesla’s (TSLA) Earnings Results

Yesterday, after the market closed, Tesla (TSLA) reported its Q1 results. The company showed an 87% annual increase in revenue and an Earnings per Share (EPS), before certain items, of $3.22. That is nearly a dollar more than Wall Street’s average estimate of $2.26. In other words, it was a blowout. And yet, in the...

Billionaire Carl Icahn rules out bidding for Southwest Gas

Billionaire Carl Icahn rules out bidding for Southwest Gas By Reuters

© Reuters. FILE PHOTO: Billionaire activist investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid/File Photo (Reuters) – Billionaire activist investor Carl Icahn said on Thursday he had no interest in making a bid for Southwest Gas (NYSE:) Holdings Inc, days after the...


Bank of New York Mellon a Top Socially Responsible Dividend Stock With 2.9% Yield (BK)

Bank of New York Mellon Corp (Symbol: BK) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ”DividendRank” statistics including a strong 2.9% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental...

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Bitcoin Suisse to offer DeFi services with Liquity protocol

Bitcoin Suisse has announced its venture into decentralized finance (DeFi) services. The company will start offering these services through the Liquity protocol that allows customers to borrow the Liquity Dollar (LUSD) stablecoin using Ethereum collateral. Bitcoin Suisse starts offering DeFi services An announcement made on April 20 revealed that Bitcoin Suisse would conduct smart contract...

Marlboro maker Philip Morris sees earnings impact from Ukraine war

Marlboro maker Philip Morris sees earnings impact from Ukraine war By Reuters

© Reuters. FILE PHOTO: Packs of Marlboro cigarettes are displayed for sale at a convenience store in Somerville, Massachusetts July 17, 2014. REUTERS/Brian Snyder/ File Photo (Reuters) – Philip Morris International Inc (NYSE:) cut its full-year earnings forecast on Thursday, hurt by the pullback of its Russian operations, higher costs and a sluggish recovery in...

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Shiba Inu blocks wallet address over hate symbol on the metaverse

Developers of the Shiba Inu metaverse have issued a statement after the swastika hate symbol was drawn on its metaverse land by one user. The developers have since blacklisted the wallet address linked to the symbol. Shiba Inu blacklist user for hate symbol on metaverse On April 12, the Shiba Inu Metaverse land sale commenced...

Highest Yield Dividend Champions

3 Highest Yield Dividend Champions in 2022

Income investors value reliability and consistency, as well as above-average income yields. Some stocks provide a combination of these factors, such as high-yield 2022 Dividend Champions — stocks that have raised their payouts for at least 25 years in a row. These companies have proven that they can reasonably manage temporary downturns, including recessions and the recent...