CFRA Analyst Arun Sundaram joins Yahoo Finance’s Zack Guzman to break down Beyond Meat’s latest quarterly results, after U.S. retail sales surged 194.9% from a year ago. …read more […]
(Bloomberg) — New York Governor Andrew Cuomo ordered an investigation of the state’s electric utilities as more than 2 million homes and businesses remained without power along the U.S. East Coast in the wake of Tropical Storm Isaias.In New York, more than 500,000 customers were in the dark as of 12 p.m. local time, primarily in the city, Hudson Valley and on Long Island, according to utility websites. More than 800,000 lost power in New Jersey. And about 720,000 were down in Connecticut.Cuomo ordered an investigation into the actions of six utilities before and after the storm, which snapped trees …read more […]
(Bloomberg Opinion) — Not all deals are worth the risk. And yet, many management teams can’t resist the temptation to try building larger empires through big, pricey acquisitions — even ones that might lead them off track. This appears to be the case with the latest proposed merger between two leading digital-health providers.Early Wednesday, Teladoc Health Inc. said it was acquiring Livongo Health Inc. for about $18.5 billion. Livongo shareholders will get 0.592 share of Teladoc stock for each share they own plus $11.33 in cash, resulting in 42% ownership of the combined company. The transaction is expected to be …read more […]
The speed at which gold has broken above $2,000 an ounce has left some in the market fearing a correction, but many analysts predict more gains as the coronavirus crisis spurs investors to buy into bullion’s relative safety. Taking out the totemic $2,000 barrier means investors must change their reference points, said Frederic Panizzutti at Swiss precious metals dealers MKS. A hoarding spree has fuelled the rally, with investors adding 922 tonnes of gold worth $60 billion at current prices to their stockpiles in exchange-traded funds this year, according to the World Gold Council. …read more […]
Perhaps there is more behind the impressive run in gold prices than simply fears of a lingering U.S. recession. …read more […]
Yahoo Finance’s On the Move panel discusses Square’s Q2 earnings report. …read more […]
(Bloomberg) — Rackspace Technology Inc., the cloud-service provider backed by Apollo Global Management Inc., fell 20% at the opening bell in its trading debut after raising $704 million in a U.S. initial public offering priced at the bottom of the marketed range.That’s the worst showing on a U.S. exchange this year for an IPO raising $100 million or more, according to data compiled by Bloomberg.Rackspace shares opened Wednesday at $16.85 after the company sold 33.5 million for $21 each on Tuesday. They were down 19% to $17 at 1:07 p.m. in New York trading.The company has a market value of …read more […]
Refinance applications are down despite the potential to save hundreds of dollars a month. …read more […]
Investment firm Raymond James has released its July performance recap, summing up the fourth month of the economic recovery. The firm notes that the early weeks of this recovery cycle showed a V-shaped turnaround for the economy, which has since slowed, taking a “treading water” patter. Raymond James sees defensive stock plays in a strong position, as they have somewhat outperformed since the second week of June.Raymond James strategist Tavis McCourt sees the slowing pattern as predictable, and linked to the pace of Congressional action on recovery stimulus packages. McCourt writes, “With D.C. negotiating another package, it is likely that …read more […]
The number of new unemployment insurance claims is expected to have improved only marginally last week, as the coronavirus pandemic continues to weigh on the pace of recovery in the labor market. …read more […]
With income producing assets, you can shorten your path to financial freedom. They’re also vital to maintaining that freedom… but not all assets are created equal.
That’s why I’ve broken down some of the top income assets below. This list gives you a wide range of opportunities. You’ll find both traditional and newer assets to invest your money and time into.
If you’re able to add a few of these assets, they can provide a steady stream of income. And to start, let’s look at my favorite on the list…
Top Income Producing Assets
Dividend Stocks
Pro: Low barriers to entry and doesn’t require …read more […]
If you want to know who really controls Annaly Capital Management, Inc. (NYSE:NLY), then you’ll have to look at the… …read more […]
First Eagle Investment Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. The First Eagle Global Fund A Shares posted a return of 14.73% for the second quarter (without sales charge), underperforming its benchmark, the MSCI World Index which returned 19.36% in the same quarter. You should check […] …read more […]
(Bloomberg) — For unabashed gold bulls, there are trillions of dollars in the bond market just ready to snap the metal up in a world short on hedges but big on risk.Spurred on by real yields at record lows and monetary dangers ahead, asset allocators are primed to start ditching some of their government debt holdings, the theory goes. Given the size of the fixed-income universe, it wouldn’t take much to power the gold price to fresh and dizzying highs.Managers like Plurimi Wealth LLP’s Chief Investment Officer Patrick Armstrong are a case in point. Armstrong has cut back on bonds …read more […]
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