[ad_1] Elon Musk has established the 10-year Treasury yield as an unofficial scorecard for DOGE efforts.Musk has previously said Treasury yields will fall if DOGE’s cost-cutting measures are working.After an initial post-election surge, yields have fallen lately. But not for the reason DOGE wants.While Donald Trump has historically looked at the strength of the stock market as a crucial gauge for the health of a presidency, there’s a new key metric in town: the 10-year Treasury yield.Scott Bessent, Trump’s pick for treasury secretary, identified lowering yields as a main focus for the administration early in his tenure.DOGE czar Elon Musk…
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[ad_1] Image source: Getty Images The worst-performing stock so far today (27 February) is Ocado (LSE:OCDO). The Ocado share price is down 19% and hit its lowest level since 2017 earlier in the morning. Clearly, a move of this size means that something significant is going on. Here’s the story and why I won’t be buying it right now. More headaches The main catalyst for the move came from the release of full-year results for 2024. The business posted a loss before tax of £374.5m. Although this was slightly smaller than the 2023 loss of £393.6m, it was still a…
[ad_1] Image source: Getty Images Media group WPP (LSE: WPP) reported a fall in 2024 revenue, and the share price slid 20% in morning trading Thursday (27 February). The day’s low so far, of 616.6p, is the cheapest it’s been in the past 52 weeks. From a peak in early 2022, the share price has lost more than 45%. But I don’t think the results are as bad as the day’s big sell-off suggests. Disappointing quarter Revenue less pass-through costs fell 2.3% in the fourth quarter. That dragged full-year revenue on the same basis down 4.2%. But on a like-for-like…
[ad_1] Image source: Getty Images It’s always a careful balancing act when assessing the best UK income stocks with high dividend yields. As with anything in life, a higher reward usually equates to higher risk. Dividend stock yields are no exception — the higher they are, the riskier they tend to be. If profits fall or expenses rise, a company paying a lucrative dividend may need to cut it to save money. This is why I typically look for the sweet spot when it comes to dividend sustainability. That would be a percentage that most companies can maintain for an…
[ad_1] The Reserve Bank of India (RBI) recently reduced the repo rate by 25 basis points to 6.25%. It is expected this move will ease the burden on home loan borrowers. Retail floating-rate home loans sanctioned after October 1, 2019, are linked to the repo rate. Therefore, when the RBI cuts the repo rate, banks have to pass on the rate-cut benefit to borrowers. Recently, the State Bank of India became one of the first major banks to pass on the repo rate cut benefit to its home loan customers. SBI reduced its floating rate home loan interest rates by…
[ad_1] A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024.Bloomberg | Bloomberg | Getty ImagesBritish aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings, upgraded its mid-term guidance and declared a £1 billion ($1.27 billion) share buyback.Rolls-Royce, which manufactures jet engines for commercial aircraft along with power systems for ships and submarines, reported 2024 operating profit of £2.46 billion, beating analyst expectations and reflecting an increase of 57% from the year prior.The company said robust delivery in 2023 and 2024 enabled it…
[ad_1] Image source: Rolls-Royce plc In 2023, Rolls-Royce (LSE: RR) was the best performing share in the FTSE 100 index. Last year, despite having already risen sharply, the company was again among the index’s top performers. In under two months this year, the share price has moved up 24% by early trading today (27 February) following the release of Rolls-Royce’s annual results. So, should I add some Rolls-Royce shares to my portfolio now hoping for another blockbuster performance from the engineering company? Solid business helped by a favourable environment The past is not necessarily an indication of what to expect…
[ad_1] Image source: Getty Images I keep waiting for Rolls-Royce Holdings (LSE: RR.) to miss forecasts and for the share price to tumble so I can buy cheap. But once again it hasn’t happened, as 2024 results smashed through expectations. In early trading Thursday (27 February), Rolls-Royce shares spiked 16% to reach a new all-time high of 735p. Key points Rolls announced a share buyback of up to £1bn. This is the company that, in the 2020 stock market crash, had to take on billions in debt just to survive. What a turnaround! We also have the first dividend since…
[ad_1] Global Frontier Capital, a newly launched private equity firm targeting sustainable projects capable of generating carbon credits, is gearing up to raise its debut fund, New Private Markets understands. The Washington DC-based firm was launched by a trio of co-founders from reforestation business Global Decarbonisation Solutions, according to its website. It is led by managing partner Andrew Mueller, a former US marine intelligence officer and current president of GDS. GFC will seek $250 million for the GFC Global Carbon Credit Development Fund, according to a source. It began informal discussions with investors such as family offices and DFIs in…
[ad_1] Image source: Getty Images FTSE investment manager abrdn (LSE: ABDN) remains one of my core passive income holdings. These are stocks selected specifically for their ability to generate high dividend income. And they do so with minimal effort from me – hence the ‘passive’ label attached to such money. What’s the current yield and future projections? abrdn paid a total dividend last year of 14.6p a share. This gives a yield of 9.2% based on the current share price of £1.58. It is useful to note for context that it has paid the same dividend since 2020. However, its…