• Target shares sink 25% in pre-market trading on lower earnings

    Target shares sink 25% in pre-market trading on lower earnings

    Sales at the Minneapolis-based retailer increased in the most recent quarter as shoppers spent more on food and groceries and even luggage as they prepared to travel again, but supply-chain costs and inflationary pressures cut into profits. Like Walmart Inc., its larger rival, Target reported quarterly earnings that missed Wall Street’s forecasts. Target shares fell nearly 25% to…

  • Albemarle (ALB) – Growth stock with small dividend

    Albemarle (ALB) – Growth stock with small dividend

    Chasing the Yield – May 16, 2022 Episode 53 Value 4 Value podcastingListen to this podcast on PodFriend News J&J names executives to new consumer healthcare spin-off company Pension funds suffer in current market conditions Albemarle (ALB) has a current dividend yield of 0.67% and is rated as “Very Safe” by SimplySafeDividends. I hold ALB…

  • Pension funds suffer under current market conditions

    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…

  • J&J names executives to helm spin-off consumer health company

    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…

  • Everyone wants dividend stocks!

    Everyone wants dividend stocks!

    Energy companies aren’t increasing natural gas supplies, J&J files lawsuit, and Economic uncertainty pushing investors to dividend stocks.

  • Economic uncertainty driving investors to dividend paying stocks

    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…