Author: Kevin Bae
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Walgreens drops plans to unload Boots due to inadequate bids
The Deerfield, Ill., pharmacy chain, which launched a review of its options for the businesses in January, said Tuesday that it received significant interest from prospective buyers but that market conditions put a severe crimp on financing availability for buyers. As such, no bidder was able to make an offer that adequately reflects the potential…
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Chasing the Yield Podcast on Hiatus
Chasing the Yield is on hiatus while I work on some other projects and work on changing the format. After 52 episodes, 3 of which I didn’t have time to finish so I used a computer voice, I was bored with the format. I will see if I can come up with something that entertains…
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FDA to remove Juul e-cigarettes from U.S. market in blow to Altria
Altria (MO) has a current dividend yield of 8.67% and is rated as “Borderline Safe” by SimplySafeDividends. I hold MO in my Low Yield Portfolio. In total MO is 0.6% of my portfolio. The FDA could announce its decision as early as Wednesday, the people said. The marketing denial order would follow a nearly two-year…
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Now is the time to buy not sell
Inflation, record gas prices, record food prices, falling markets, and political turmoil. In the short term this all looks bad. But what is your reason for investing? Are you investing for the quick buck? If so, you’ll be tearing your hair out as you watch thousands, perhaps tens or hundreds of thousands, evaporate from your…
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Caterpillar HQ leaving Illinois for Texas
Caterpillar (CAT) has a current dividend yield of 2.32% and is rated as “Very Safe” by SimplySafeDividends. I hold CAT in my Low Yield Portfolio. In total CAT is 1.0% of my portfolio. The maker of construction and mining equipment said Tuesday that its existing office in Irving, Texas, a suburb of Dallas, would serve…
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I had only one stock in the green today
What stock is that you might ask? It’s Arrow Financial Corporation (AROW). They were up +0.1% letting me know not everything was a loser today. Sheesh! Arrow Financial Corp (AROW) has a current dividend yield of 3.47% and is rated as “Very Safe” by SimplySafeDividends. I hold AROW in my Low and Medium Yield Portfolios.…