TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link
Read More »Korea Web Giant Naver Mulls U.S. Bond, IPO to Take on Google
(Bloomberg) — One of the few countries in the world where Google doesn’t dominate web searches is South Korea, where Naver Corp. leads the market and is also a big player in e-commerce and fintech. But the Korean company, which now gets more than 95% of revenue domestically, wants to boost its international presence. To help with that, Naver is considering more dollar bond sales after its debut deal last month, and it’s also eyeing a possible future U.S. initial public offering for a… Source link
Read More »Korea Web Giant Naver Mulls U.S. Bond, IPO to Take on Google
One of the few countries in the world where Google doesn’t dominate web searches is South Korea, where Naver Corp. leads the market and is also a big player in e-commerce and fintech. But the Korean company, which now gets more than 95% of revenue domestically, wants to boost its international presence. To help with that, Naver is considering more dollar bond sales after its debut deal last month, and it’s also eyeing a possible future U.S. initial public offering for a unit, chief… Source link
Read More »A Strike Against the Sandbox: Practical Results of Oracle v. Google | Womble Bond Dickinson
If you want to make big money, offer something that people want, but no one else can offer. The Portuguese sourced spices in the Fifteenth Century. Rockefeller locked up East Coast oil distribution in the Nineteenth Century. AT&T was once the only option for phone calls in much of the last century. They made huge profits. The digital world can be ripe for monopoly or near monopoly, sometimes because only one company unlocked the key to a technology, and sometimes because the software or… Source link
Read More »Nomura flags $2 billion loss, cancels bond issue; shares plummet
By Makiko Yamazaki and Stanley White TOKYO (Reuters) -Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and investment bank to shelve a hefty bond issuance and sending its stock tumbling by the most in over a decade. Nomura’s stock was greeted by a deluge of sell orders at market open, pushing its price down as much 16% in early trade. The firm in a statement said the $2 billion hit derived from transactions with a U.S…. Source link
Read More »Bitcoin Falls 4% as Fed’s Powell Sees ‘Concern’ Over Rising Bond Yields
Bloomberg Oil Sands Give OPEC a Boost With Half-Million-Barrel Output Cut (Bloomberg) — Major oil sands producers in Western Canada will idle almost half a million barrels a day of production next month, helping tighten global supplies as oil prices surge.Canadian Natural Resources Ltd.’s plans to conduct 30 days of maintenance at its Horizon oil sands upgrader in April will curtail roughly 250,000 barrels a day of light synthetic crude output, company President Tim McKay said in an… Source link
Read More »Bond investors world-wide ‘face a bleak future’
TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link
Read More »Apple Ramps Up Pace of Bond Sales as Stock Buybacks Seen Rising
(Bloomberg) — Apple Inc. is selling bonds to take advantage of cheap borrowing costs, tapping the market for a third time since May as it looks to return more cash to shareholders. The company is issuing debt in six parts, according to a person with knowledge of the matter. The longest portion of the offering, a 40-year security, may yield between 115 and 120 basis points above Treasuries, said the person, who asked not to be identified as the details are private. Until 2020, Apple hadn’t… Source link
Read More »Bond Yields Are Sending a Scary Signal on Stocks
(Bloomberg Opinion) — There is no shortage of investors shrugging off the latest leg lower in U.S. Treasury bond yields, saying heavy central bank involvement in this part of the financial market make such moves less of a signal that the economy or that equities are headed for trouble. That interpretation would be a mistake. Recall that yields on 30-year government bonds started to decline on Jan. 2, anticipating the fallout from the budding coronavirus crisis that had taken hold in China…. Source link
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