Dividends are payments made by publicly traded companies to their shareholders. This is typically in the form of cash or additional shares of stock. These payments are a way for corporations to share their profits with investors, often on a quarterly basis. Meaning this can be an attractive source of passive income for many. Moreover,...
© Reuters. FILE PHOTO: Shoppers walk past the John Lewis department store on Oxford Street in London, Britain December 17, 2018. REUTERS/Simon Dawson (Reuters) – British retailer John Lewis, which has been 100% owned by its staff, is considering diluting its partnership structure, The Times reported on Saturday. The chairperson, Dame Sharon White, is in...
This week, stocks started in a position of strength and ended in a position of weakness. While some groups, like semiconductors, have managed to remain strong, the major benchmarks managing to pound out a positive return for the week, the broad market message appears cautious-at-best by my read. My main Market Trend Model is based on...
Snowflake (NYSE:SNOW) stock has undergone a significant decline lately, but there could be more pain ahead for the stock, given its pricy valuation. Specifically, Snowflake has already lost more than 68% of its value since November of 2021, when shares briefly traded at almost $430/share. During this period, the company has evolved considerably, posting some...
© Reuters. FILE PHOTO: A man walks near the Credit Suisse bank headquarters in New York City, U.S., March 15, 2023. REUTERS/Eduardo Munoz/File Photo ZURICH (Reuters) – Following is a timeline outlining the 167-year history of Credit Suisse Group, the Zurich-based bank that is in the middle of a restructuring to rebuild after a string...
It was another wild week for the markets, as turmoil amid the Banking industry spread to other areas. Oil prices slid to 1-year lows and Treasury yields skidded lower. Other commodities also fell, while global-facing Industrial companies took it on the chin. Overall, the price action highlighted investors’ shift to fears of a global recession....
On March 17, 2023, JP Morgan upgraded their outlook for Chubb (NYSE:CB) from Neutral to Overweight. Analyst Price Forecast Suggests 31.05% Upside As of March 18, 2023, the average one-year price target for Chubb is $251.43. The forecasts range from a low of $207.05 to a high of $283.50. The average price target represents an...
© Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks on the banking crisis after the collapse of Silicon Valley Bank (SVB) and Signature Bank, in the Roosevelt Room at the White House in Washington, D.C., U.S. March 13, 2023. REUTERS/Evelyn Hockstein By Jeff Mason and Kanishka Singh WASHINGTON (Reuters) -U.S. President Joe Biden said...
Last year, my partner and I had a long stretch of a few months when we weren’t able to make any progress on our mortgage. Luckily we turned things around and have been steadily paying down our mortgage for the past few months. We’ve been averaging about $2400 per month in overpayments. The next time...