Apple is one of the greatest stock buyback stories in history. It’s time to cut it. We have long been fans of Apple’s repurchase plans in addition to the margin expansion attributable to strong services sales. The combination has supported earnings growth even when overall sales stalled. However, with shares down nearly 20% year to…
Uncertainty in the stock market and in the economy may have investors seeking stability in companies that pay regular dividends. Those equities are often seen as a hedge against volatility due to their their reliable income. Stocks fell early last week on concern over the Israel-Iran conflict, but closed marginally higher in the latest five…
Investors looking to cushion their portfolios in the midst of the recent market volatility may be turning to dividend-paying stocks. Equities are off to a rocky start so far this year thanks to uncertainty around President Donald Trump’s tariffs and the economy. On Wednesday, the market fell ahead of the tariff rollout, expected in the…
Check out the companies making headlines in midday trading. Nvidia – Shares dropped 8.5% despite the chipmaker’s fourth-quarter earnings and revenue and current quarter revenue forecast beating analyst estimates. Nvidia’s fourth-quarter gross profit margin declined, and its latest revenue topped forecasts by the smallest amount in two years . EBay – The e-commerce platform slumped…
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor….
Check out the companies making headlines in midday trading: Warner Music Group — The entertainment stock popped 3% following an upgrade at Citi to buy from neutral. Citi analyst Jason Bazinet said Warner Music’s multiple is “far below” those of its peers. Roku — Shares popped nearly 14% after the streaming company reported fourth-quarter results…
Robinhood shares surged on Thursday after the financial services platform’s latest quarterly results soared past earnings estimates, prompting analysts to grow more bullish on the stock. Shares gained more than 10% on Thursday. Robinhood said it earned $916 million, or $1.01 per share, on revenue of $1.01 billion in the fourth quarter. That is way…
Check out the companies making headlines in postmarket trading: Reddit — The social media platform slid 17% after Reddit’s user numbers fell short of Wall Street’s expectations. Daily active uniques averaged 101.7 million for the fourth quarter, reflecting growth of 39% year over year but missing analysts’ call for 103.1 million, per StreetAccount. Separately, Reddit…
Top 10 things to watch Tuesday, Feb. 11 — Club Director of Portfolio Analysis Jeff Marks wrote this story. 1. Stocks were heading for a lower open Tuesday. The decline follows solid gains for the S & P 500 and Nasdaq in the prior session. The 10-year Treasury yield and oil traded higher as the…
Two new fund launches from Franklin Templeton aim to satisfy income-hungry investors who are looking for a new type of dividend fund. The money management firm debuted the Franklin U.S. Dividend Multiplier Index ETF (XUDV) and the Franklin International Dividend Multiplier Index ETF (XDIV) in late January. The funds are equity-only funds and don’t use…