In September of 2017, I received slightly over $100K from my former employer, representing the commuted value of my pension plan. I decided to invest 100% of this money in dividend growth stocks. Each month, I publish my results on those investments. I don’t do this to brag. I do this to show my readers...
Justin Sullivan/Getty Images News Johnson & Johnson (JNJ) said Thursday that it could launch an exchange offer for its stake in recently spun-out Kenvue (NYSE:KVUE) “as early as the coming days” as the pharmaceutical giant seeks to divest its nearly 90% stake in the consumer products company. J&J management made the remarks during their conference...
An estimation from PwC’s ‘2023 Global Asset and Wealth Management Survey‘ is that 1 in 6 asset and wealth management companies globally are likely to disappear or be acquired by 2027; this is twice the normal turnover rate. In my opinion, Blackrock (BLK) will benefit from this industry consolidation. The survey of 250 asset managers...
Johnson & Johnson on Thursday reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations, and lifted its full-year guidance as sales from the company’s medtech business jumped. The medtech division provides devices for surgeries, orthopedics and vision. The company is benefitting from a rebound in demand for non-urgent surgeries among older adults, who...
5 May 2023 Bank interest rates for corporations Chart 1 Bank interest rates on new loans to, and deposits from, euro area corporations (percentages per annum) Data for cost of borrowing and deposit interest rates for corporations (Chart 1) The composite cost-of-borrowing indicator, which combines interest rates on all loans to corporations, increased in March...
20 July 2023 Current account recorded €9 billion surplus in May 2023, up from €4 billion in previous month Current account deficit amounted to €49 billion (0.4% of euro area GDP) in 12 months to May 2023, compared with a surplus of €161 billion (1.3%) one year earlier In financial account, euro area residents’ net...
So you are looking to invest in the S&P 500 and there are many options even though there is just one index … Which should you choose becomes the question. Putting aside all of the different offerings from financial institutions, the focus here will be on the currency option that can be best for you....
For many property owners, the idea of taking a property you’re not using and generating income from it is often appealing. However, renting out your property is a complex undertaking, and there are situations where it may not be the best move. Before renting out your property, here are five key factors to consider. 1....
Bet_Noire/iStock via Getty Images Oddity Tech, an AI beauty company, is set to start trading after pricing at $35, above the range of $32 to $34. The company sold 12.1 million shares for a valuation of nearly $2B, raising $424 million. Private equity firm L Catterton is a shareholder and is also exploring a possible...
Year-to-date gain: 31.81 percent; market cap: C$1.17 billion; current share price: C$61.16 Based in the US state of North Carolina, Piedmont Lithium is focused on producing lithium hydroxide to provide companies with a source outside of China. To do so, Piedmont is advancing its fully integrated Carolina lithium project in North Carolina and is planning...