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3 “Strong Buy” Dividend Stocks Yielding Over 8%

With markets volatile – bouncing around the 3,000 to 3,200 range for the last two weeks – and fears rising that a second wave of coronavirus cases will force a new round of economic shutdowns, investors are giving a second look to some strong defensive stocks. We’re talking about stocks with classic defensive profiles: high yielding dividends, combined with a high upside potential. Using TipRanks database, we’ve pinpointed three such stocks. Some are familiar names, some less so. All three offer investors a fine combination of defensive traits: dividends yielding over 8%, an upside potential starting at 25%, and ‘Strong …read more […]

Newsmakers

CytoDyn (OTC: CYDY) Releases Mechanism of Action Animation for Leronlimab in Immuno-Oncology

VANCOUVER, Washington, July 02, 2020 — CytoDyn Inc. (CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the public […]

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Exxon signals second quarterly loss in a row on production, refining hit

Rivals Royal Dutch Shell and BP Plc have disclosed massive spending cuts and writedowns due to the price drop. The company’s oil and gas operations will swing to a loss compared with the first quarter because of lower prices that reduce operating profit between $2.5 billion and $3.1 billion, the company said in a filing designed to give investors a snapshot of its operations. Its refining unit will suffer losses estimated to be between $800 million and $1.l billion, larger than its first quarter loss, it said. …read more […]

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American Airlines warns of 25% drop in international capacity in 2021 summer

The company will also discontinue several international routes that were once popular leisure destinations but are now expected to see decreased demand. “In an effort to match low demand resulting from the coronavirus outbreak, the airline will realign its network with the goal of improving long-term profitability,” the company said in a statement. …read more […]

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A Fascinating Tale of Perspective… and Wealth

We read a story this week about a woman with 44 kids.
By the age of 23, she had 25 kids – most came in the form of twins, triplets and even quadruplets.
And now that she’s 41, she’s finally had her last child. The doctors have made it so.
There are many fascinating angles to this story.
But ultimately, it’s a tale of perspective.
We hope it opens some eyes.
Mariam, the Ugandan mother of these kids, is broke – feeding a football team every day will do that.
It takes a daily ration of 25 pounds of corn… 15 pounds of beans… and nearly 10 …read more […]