In these tumultuous times, with markets facing substantial headwinds from yet another financial crisis, savvy investors are on the lookout for safe havens. Perhaps the best refuge is in undervalued dividend stocks, particularly those trading at significant discounts compared to their sector peers. Our focus is on companies that consistently raise their payouts, as dividend …
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A woman leaves a Signature Bank branch on March 13, 2023 in New York City. The bank was closed by regulators Sunday. Leonardo Munoz | View Press | Corbis News | Getty Images The sudden failures of Silicon Valley Bank and Signature Bank last month created a nervous waiting game for options investors, showing that …
Continue reading “March bank failures show options tricky even when traders pick winners”
A vehicle charges a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares dropped 6% after the electric-vehicle maker reported total deliveries of 422,875 and total production of 440,808 for the …
Merrill Lynch will pay $9.5 million to settle allegations that it charged advisory clients more than $4 million in undisclosed foreign exchange fees, the Securities and Exchange Commission said Monday. “Investment advisers must ensure that they do not selectively disclose some fees but not others relating to a particular service,” said Antonia Apps, Director of …
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Everyone is looking for the next great disruptive tech stocks. And now, with the new tools available at our disposal, we can include artificial intelligence in that quest to find superior investments. To that end, we asked Bing, which is Microsoft’s (NASDAQ:MSFT) deployment of OpenAI’s revolutionary ChatGPT program, what it thought might be disruptive tech …
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FCA US said Monday it sold 368,237 vehicles in the first quarter, down 9% from the year-ago period. The company is “making the necessary adjustments” to meet customers’ expectations, U.S. Head of Sales Jeff Kommor said. FCA, a U.S.-based subsidiary of Stellantis NV STLA, -0.14%, makes and sells vehicles under the Chrysler, Dodge, Jeep, Ram, …
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After coughing back most of its “meme stock” gains during 2022, AMC Entertainment (NYSE:AMC) has performed well thus far in 2023. Year-to-date, AMC stock is up 27.5%, even after a big move lower during late February/early March. Over the past week, takeover rumors (more below) have pushed shares in the movie theater operator back out of “penny …
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The Federal Trade Commission on Monday ordered Illumina Inc. to divest Grail Inc., the cancer test maker it acquired in 2021 for $7.1 billion, saying that “the deal would stifle competition and innovation in the U.S. market for lifesaving cancer tests.” Illumina ILMN, -2.52%, which specializes in gene-sequencing devices, said it would appeal the decision …
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Finding the right energy stocks to buy is worth the time and effort. The energy sector has long been a favorite among investors looking for steady returns and reliable growth. However, in recent years, the industry has been facing increased pressure from investors and society to become more sustainable. Also, oil and gas’s volatile price …
Continue reading “3 Energy Stocks to Buy as Oil Prices Soar”
General Motors Co. GM, -1.21% said Monday it sold 603,208 vehicles in the first quarter, up 18% year-on-year, including a jump of 27% for fleet sales. The auto maker said it saw sales growth across all brands and it also grew its market share. “GM is off to a great start in 2023,” vice president …
