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Bank stocks are getting clobbered
Shares of financial firms in the S&P 500 were down 3% in recent trading, worse than any other sector of the broad benchmark. Morgan Stanley, State Street and Fifth Third Bancorp were among the biggest losers, all shedding more than 4%. The same played out in Europe, with banking stocks in the Stoxx Europe 600 […]
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Dow is in corrections territory
Ahhh to live in interesting times. Who wants to be bored again? Count me in. The Dow Jones Industrial Average fell about 630 points, or 1.9%, on course to close in correction territory. The S&P 500 dropped 1.3%; it reached correction territory earlier in the week. The Nasdaq Composite, which was recently off 0.8%, was earlier on […]
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Happy President’s Day
https://media.blubrry.com/chasingtheyield/chasingtheyield.com/mp3/2022-02-21-CTY041.mp3Podcast: Play in new window | Download (Duration: 16:04 — 12.0MB) | EmbedSubscribe Android | Blubrry | Podchaser | Podcast Index | RSS | MoreChasing the Yield – February 21, 2022 Episode 41 Value 4 Value podcastingListen to this podcast on PodFriend News Frackers are fracking again – Chasing the Yield Portfolio Update LowYield MediumYield […]
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Frackers are fracking again
Private oil producers are leading an industry return to places like the Anadarko Basin of Oklahoma and the DJ Basin in Colorado, where drilling had almost completely stopped in mid-2020 when those areas became unprofitable because of lower oil prices. Oil production in these marginal regions isn’t expected to move the needle in the global […]
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Dividend stocks are in vogue again
An early-year tumble in major U.S. stock indexes has some investors searching for safety by dumping shares of high-growth technology stocks for stodgier businesses that pay shareholders cash, including banks, oil companies and telecoms. Through Feb. 4, the S&P 500 High Yield Dividend Index—made up of the S&P 500’s top 80 dividend-paying companies—was up 2.1% […]
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See February 21, 2022
https://media.blubrry.com/chasingtheyield/chasingtheyield.com/mp3/2022-02-21-CTY041.mp3Podcast: Play in new window | Download () | EmbedSubscribe Android | Blubrry | Podchaser | Podcast Index | RSS | MoreChasing the Yield – February 14, 2022 Episode 41a Value 4 Value podcastingListen to this podcast on PodFriend News Portfolio Update LowYield MediumYield HighYield Week -0.67% +0.29% +1.80% Month -1.37% +0.62% +2.07% 2021 -4.33% […]
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Winter of discontent
Exxon & Chevron gush cash, Microsoft purchase of Activision to get FEC looksee, J&J to pay $150 million settlement, and much much more!
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Clorox shares tumble after earnings drop
Clorox (CLX) has a current dividend yield of 3.20% and is rated as “Safe” by SimplySafeDividends. I hold CLX in my Low Yield Portfolio. In total CLX is 0.4% of my portfolio. Clorox shares declined 15% premarket after it reported an earnings drop from the year-ago quarter, as demand fell for cleaning products related to the […]
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J&J to pay $150 million settlement to Native American tribes
All federally recognized tribes will be permitted to receive money from the settlements, regardless of whether they filed lawsuits related to the opioid crisis, according to the filing, made in the U.S. District Court in Cleveland. Under the settlement, Johnson & Johnson agreed to pay $150 million to tribes over two years. Distributors AmerisourceBergen Corp., McKesson Corp. and Cardinal […]
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Microsoft purchase of Activision to be reviewed by FTC
The US Federal Trade Commission (FTC) will reportedly be taking the reins on reviewing Microsoft’s intended acquisition of Activision Blizzard – amid a more aggressive stance from the government agency on Big Tech mergers. Bloomberg reports that a source pointed to the FTC taking the lead role in investigating the proposed takeover – a job […]