Tag Archives: sense

In a deal valued at $26 billion, Diamondback Energy (FANG) has agreed to buy Endeavor Energy Resources, with $8 billion in cash 117.3 million Diamondback shares worth $18 billion. The deal allows for both companies to potentially become a major player in the Permian Basin. Keybanc Capital Markets Managing Director Tim Rezvan joins Yahoo Finance to discuss the deal, what it could mean for companies, and the energy sector moving forward. Rezvan puts the size of the deal in context: “When you… Source link

DAVOS, Switzerland — Bank of America (BAC) CEO Brian Moynihan is pushing back on the view held by some investors that the Federal Reserve will slash interest rates in 2023 to jumpstart a potential recessionary U.S. economy. “They may leave [rates] higher for longer just to make sure they squeeze out that services-side inflation,” Moynihan told Yahoo Finance at the World Economic Forum (WEF) on Tuesday. Moynihan pointed out that his research team is expecting a “mild” recession this year…. Source link

Yahoo is redesigning its Mail app for Android and iOS users in attempt to help users make sense of their inbox and declutter their emails quickly and efficiently. The new Yahoo Mail app will come with useful new features, including the ability to track shopping receipts and purchases, as well as the ability to delete all messages from a sender in just one tap. “Email volume has been increasing steadily year over year. This remains high even amongst the younger consumers, about 90% in the… Source link

In the Yahoo Fantasy Football Forecast, Matt Harmon and Frank Schwab break down the crowded backfield in Kansas City with Clyde Edwards-Helaire, Jerk McKinnon and Isiah Pacheco, and debate which, if any, of the RBs are worth a draft pick for fantasy managers. Video Transcript [BUMPS, BAT HITTING BALL, NET SWISHING] MATT HARMON: CEH has kind of moved, at least for me in my rankings, from a post dead zone running back to sort of firmly in the running back dead zone I’ve got him at running back… Source link

The European Central Bank raised rates for the first time in more than a decade on Thursday, boosting its benchmark interest rate by a half-percentage point. At the same time, the central bank rolled out a new flexible bond-buying program it’s dubbing the Transmission Protection Instrument, or TPI. The latter is an effort to smooth out the volatility triggered by the central bank’s shifting rate policy. And this rollout caused a bit of confusion in markets, with the euro spiking as high as… Source link

This post was originally published on Tker.co. They often say that the cure for high prices is high prices. The idea is that when the price for something goes up by too much, fewer people will be willing or able to pay for it. And so demand comes down, and in turn the price comes down. But while inflation has indeed been running hot, the problem — ironically — is that consumers and businesses are in unusually strong financial positions. And while this may prevent any economic slowdown from… Source link

Goldman Sachs likes these 3 top dividend stocks yielding as high as 7.6% — in a manic market, locking down a growing income stream makes sense The S&P 500 is down 16% so far in 2022. While investor sentiment is far from bullish these days, Goldman Sachs sees opportunity in one specific group of companies: those that return cash to investors on a regular basis. “We continue to recommend investors own stocks with high dividend yield and growth,” Goldman’s chief U.S. equity strategist… Source link

Time for a touch of optimism. Recession concerns may be on the rise (see Google search trends below) thanks to soaring inflation, rising gas prices and an unpredictable conflict between Russia and Ukraine, but that doesn’t mean building out an all defensive stock portfolio is the correct move, warns veteran JPMorgan market strategist Mislav Matejka. “We think it is wrong to position for a recession given still extremely favorable financing conditions, very strong labour markets,… Source link

It’s been a frustrating pandemic-long journey for house seekers like Adan Martinez. He’s been hoping to buy his first home near Harlingen, Texas, with a budget of $200,000.  “There were several homes I was interested in but waited off on, $180K and $215K, respectfully. But mid-year last year, prices on them jumped to well over $50K-80K,” Martinez told Yahoo Finance.  The rush to find a home is now greater than ever. Home prices keep rising — as mortgage rates inch higher. “[I’m] definitely… Source link

Recent market volatility is enough to make your head spin, and can cause plenty of confusion for retail investors seeking a solid market strategy. It’s tempting to look to the experts, but that raises another question: which experts are the best to follow? Following the insiders, the corporate officers who live and breathe with an inside view of the stock’s deeper workings, is one of the viable strategies for finding stock market bargains. Insiders don’t trade lightly – they usually… Source link