As the session on Friday ended, we not only ended the trading week but also the month and the year. 2022 was choppy for the equities to say the least. The markets had to navigate the weak trends, geopolitical tensions, inflation, fear of recession, and a slew of rate hikes from the central banks across...
© Reuters. FILE PHOTO: U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services’ sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase & Co and Deutsche...
Published on December 31st, 2022 by Nikolaos Sismanis Dividend Aristocrats comprise an elite group of 65 S&P 500 stocks with 25+ years of consecutive dividend increases. These stocks are celebrated amongst dividend growth investors, as they are considered reliable vehicles for growing one’s income in a more predictable manner. However, it’s important to note that not...
2022 has come to an end with a collective “Thank Goodness!” There’s just no sugarcoating it; 2022 was a brutal year for those who were long stocks. This was particularly true for those who stuck with technology stocks, with the tech-heavy NASDAQ falling 33% for the year. The carving up of tech-related companies reminded many...
High inflation and fears of a looming recession have caused a slowdown in digital ad spending. The revenue growth of Google’s parent company, Alphabet (NASDAQ:GOOGL) (GOOG), decelerated in the third quarter, while Meta Platforms (NASDAQ:META) reported a decline in its revenue for the second consecutive quarter. This duopoly is not only getting impacted by weak...
© Reuters. FILE PHOTO: U.S. Norwegian Cruise Line Holdings cruise ship Marina arrives at the Havana bay, Cuba March 9, 2017. REUTERS/Alexandre Meneghini/File Photo/File Photo By Brian Ellsworth MIAMI (Reuters) – Norwegian Cruise Line (NYSE:) must pay $110 million in damages for use of a port that Cuba’s government confiscated in 1960, a U.S. judge...
When President Biden signed the $1.7 trillion spending bill Thursday, headlines focused on the fact that the measure will pay government operating expenses through next fall. However, a more lasting effect will be how it impacts your retirement funding. The new law makes it easier for employers to help employees save money and repay student...
da-kuk Singapore-based edtech IMMRSIV (IMSV) has filed for a proposed $17M US initial public offering. IMMRSIV didn’t specify in its filing the number or price of the shares to be offered, but indicated in a filing fee schedule that it was seeking to raise around $17M. The company hopes to list its shares on Nasdaq...
© Reuters. FILE PHOTO: Citgo Petroleum refinery is pictured in Sulphur, Louisiana, U.S., June 12, 2018. REUTERS/Jonathan Bachman/File Photo By Marianna Parraga HOUSTON (Reuters) – Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following Friday’s vote by Venezuela’s opposition-led National Assembly to dissolve an interim government and...
da-kuk Chinese edtech Ruanyun Edai Technology (RYET) has filed to raise up to $35M through a US initial public offering. Ruanyun said in a filing that it was considering offering 5M ordinary shares priced between $5 and $6 per share, which would raise around $28M if priced at the midpoint. An attached filing fee schedule...