Category: Blog
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Pension funds suffer under current market conditions
Losses across both stock and bond markets delivered a double blow to the funds that manage more than $4.5 trillion in retirement savings for America’s teachers, firefighters and other public workers. These retirement plans returned a median minus 4.01% in the first quarter, according to data from the Wilshire Trust Universe Comparison Service expected to be released Tuesday. Recent…
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J&J names executives to helm spin-off consumer health company
J&J said Wednesday it has named Thibaut Mongon as chief executive officer designate of the future consumer-health products company, which J&J plans to split off sometime in 2023. Mr. Mongon, 52, has more than 20 years of experience at J&J and has served as executive vice president and world-wide chairman of the health-products company’s consumer business since 2019. J&J…
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Everyone wants dividend stocks!
Energy companies aren’t increasing natural gas supplies, J&J files lawsuit, and Economic uncertainty pushing investors to dividend stocks.
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Economic uncertainty driving investors to dividend paying stocks
But this time around, a different dynamic is at play. Interest rates have risen swiftly, not because investors are betting on an economic surge, but because accelerating inflation is forcing the Federal Reserve to act quickly to try to rein in price pressures. Some investors worry the Fed’s interest-rate increases may even tip the economy into…
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J&J files lawsuit against SaveOnSP
J&J, of New Brunswick, N.J., said in the lawsuit that it has paid at least $100 million more in copay assistance than it otherwise would have as a result of the services provided by the firm, SaveOnSP, which has offices in Buffalo, N.Y. The civil lawsuit, filed in federal court in New Jersey, accuses SaveOnSP…
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Why energy companies aren’t increasing natural gas supplies
Bad for consumers but good for investors. Let’s assume just about all investors are also natural gas consumers so this is a double edged sword. According to the Wall Street Journal, in lieu of producing more natural gas U.S. producers are instead shoring up their bottom lines, buying back shares, and providing dividends. The pursuit…