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Banking

“Bank of America has raked in $15billion in new deposits after SVB collapse”

“SVB imploded late last week after depositors tried to withdraw $42 billion from the institution, with the Federal Deposit Insurance Corporation (FDIC) taking over the bank over the weekend. Meanwhile, the New York Department of Financial Services took possession of Signature Bank on… Continue Reading…

Stocks

“15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis”

“..Here’s an expanded list of 20 companies that met the screening criteria, with at least 2% headroom above the dividends based on estimates for 2023 and 2024: Company Ticker Dividend Yield Estimated 2023 FCF yield Estimated 2024 FCF yield Estimated… Continue Reading…

Cryptocurrencies

“Ether drops 15% since major Ethereum network upgrade as traders take profits and fret over rate hikes”

“…Since Sept. 15, the date the merge was completed, to Tuesday, ether is down 15.2%. Bitcoin has dropped 4.4% in the same period. Ahead of the network upgrade, the price of ether roughly doubled from the lows of the year in… Continue Reading…

Stocks

“15 Stocks Billionaire Investors Agree It’s Smart To Buy Now”

“Stocks ‘Smart Money’ Billionaires’ Are Buying Based on new or added to positions by 47 key institutional investors in the second quarter of 2022 Company Row Labels Number of portfolios added to Stock YTD % ch. Sector Eli Lilly (LLY)… Continue Reading…

Business

“Starbucks will exit Russia after 15 years, closing 130 licensed cafes”

“After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The coffee giant announced Monday that it will no longer have a brand presence in Russia. Starbucks has 130 locations… Continue Reading…

Stocks

“Meta shares surge 15% after Facebook parent beats earnings estimates”

“Shares of Facebook parent company Meta continued to rally Thursday after the company reported better-than-expected profit in the first quarter. Meta reported earnings per share of $2.72, higher than the $2.56 expected by analysts. However, revenue came in at $27.91 billion, lower than estimates.… Continue Reading…

Economy

“Newsom urged Californians to cut water use by 15%. In February they saved less than 1%

“Total water usage in California cities and towns decreased by just half a percent in February compared with the same month in 2020, a far cry from Gov. Gavin Newsom’s goal of reducing urban water use by 15%… Newsom in… Continue Reading…

Economy

“Oil on track for a more than 15% monthly rise as Ukraine worries persist”

“Oil futures traded mostly higher on Monday, on track to cap a sharp January rally that has lifted the U.S. benchmark by around 15% as traders continue to follow the threat of a Russian invasion of Ukraine…” https://www.marketwatch.com/story/oil-on-track-for-15-monthly-rise-as-ukraine-worries-persist-11643635978?siteid=yhoof2 I only… Continue Reading…

Stocks

“Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.”

“…“The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, in a… Continue Reading…

Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…