Category: Blog
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AT&T exceeds expectations for HBO Max subsribers
The company also added roughly 270,000 fiber subscribers in the fourth quarter and ended the period with about 73.8 million total HBO Max and HBO subscribers globally. The HBO figure came in above the outlook for 70 million to 73 million subscribers that AT&T had offered back in September. AT&T exceeds HBO Max subscriber outlook…
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Genuine Parts Company Completes Acquisition of Kaman Distribution Group
Genuine Parts Company (NYSE: GPC) (“GPC”), a leading distributor of automotive and industrial replacement parts, announced today that its wholly-owned subsidiary, Motion Industries, Inc. (“Motion”) has completed the purchase of Kaman Distribution Group (“KDG”) for a purchase price of approximately $1.3 billion in cash, effective January 3, 2022. KDG is a leading power transmission, automation and…
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2021 Yields in Review – Redux
Like an idiot I thought the market would be closed on Friday, January 31, 2022 so I did my wrap up last week. Well, here we go again!
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Starwood Capital acquires majority interest in Houston based Land Tejas
Starwood Property Trust (STWD) has a current dividend yield of 7.88% and is rated as “BORDERLINE SAFE” by SimplySafeDividends. I hold STWD in my High Yield Portfolio. In total STWD is 0.3% of my portfolio. Starwood Capital Group, a global private investment firm focused on real estate and energy investments, announced today that a controlled…
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Vuzix Corp partners with Verizon to leverage their 5G network for augmented reality
Verizon (VZM) has a current dividend yield of 4.89% and is rated as “Very Safe” by SimplySafeDividends. I hold VZ in my Medium Yield Portfolio. In total VZ is 0.8% of my portfolio. The agreement between Vuzix and Verizon will focus on the technology advancement and commercialization aspects of delivering immersive augmented reality training experiences…
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Telefonica reached an agreement with trade union for layoffs
The Spanish telecommunication company said Tuesday that the plan entails the voluntary departure of about 2,700 employees, at a cost of around 1.50 billion euros ($1.70 billion) before taxes to be accounted for in the fourth quarter. Telefonica, Trade Unions Agree on Deal For Thousands of Voluntary Layoffs – MarketWatch