Reuters reveals Assa Abloy considers selling Yale and Emtek brands to win U.S. approval for Spectrum deal

Business & Finance 07 October 2022, 1:13 pm 1 minute Reuters was first to report that Assa Abloy, the world’s leading lockmaker, is considering options including selling its Yale and Emtek locks brands as it seeks to overturn U.S. antitrust opposition to its planned purchase of Spectrum’s Hardware and Home Improvement. The news comes just …

3 Growth Stocks That Have a Loyal Customer Base

One of the best ways to determine the customer loyalty of growth stocks is to look at their subscriber numbers.  For example, Netflix (NASDAQ:NFLX) announced in April 2022 that it lost subscribers for the first quarter in more than a decade. Its shares plummeted more than 20% on the news, bottoming at $162.71 in mid-May. …

3 Top Losers of 2022 That Will Sink AGAIN in 2023

It can be tempting to look for big winners by scraping the bottom of the barrel, but what’s left down there is typically a collection of stocks to avoid. Occasionally there’s a diamond in the rough, but the old adage “what goes down must come up” doesn’t always apply. There’s always a chance you might …

5 High-Yield Stocks for March 2023

An old proverb states, “Mach comes in like a lion, out like a lamb.” It refers to the weather. But it can be applied to the stock market in March 2023. The failure of two regional banks related to tech and cryptocurrency startups has caused turmoil. The government took over SVB Financial’s Silicon Valley Bank …

U.S. stocks close lower Tuesday as Treasury yields climb

U.S. stocks ended modestly lower on Tuesday, as Treasury yields rose, keeping pressure on the rate-sensitive Nasdaq Composite Index. The Dow Jones Industrial Average DJIA shed about 37 points, or 0.1%, ending near 32,394, while the S&P 500 index SPX fell 0.2% and the Nasdaq COMP closed 0.5% lower, according to preliminary data from FactSet. …

MU, PARA, MKC and more

Micron Technology headquarters in Boise, Idaho, March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. PagSeguro — Shares popped 4.1% on Tuesday after Citi upgraded the Brazilian payment stock to buy from neutral. The firm called the company’s fourth-quarter earnings unsurprising and said it …

Reuters reveals India demands nearly $250 million from Pernod for undervaluing imports

Government 07 October 2022, 1:28 pm 1 minute Reuters was first to report Indian authorities have demanded $244 million from the local unit of French spirits giant Pernod Ricard for undervaluing concentrate imports for over a decade to avoid full payment of duties.  Article Tags Topics of Interest: Government Type: Reuters Best Sectors: Equities Regions: …

7 Dividend Aristocrats to Buy for Consistent Income Growth

I’d argue there’s never been a better time to consider investing in dividend aristocrats. Volatility remains very high in the overall market, with a destabilized banking sector. Additionally, inflation has proven to be anything but transitory. In short, dividend aristocrats, with their larger size and liquidity requirements and 25+ years of successive increasing payments, are …