By Nidal al-Mughrabi CAIRO (Reuters) – Palestinians fear the crisis in Lebanon is diverting the world’s attention from Gaza, where Israeli strikes killed dozens more people this week, and diminishing already dim prospects for a ceasefire a year into a war that has shattered the enclave. An escalation in the conflict between Israel and Iran-backed militant group Hezbollah over the past two weeks has led to clashes between Israeli and Hezbollah forces inside Lebanon and fueled fears of a wider regional war. Both Israel and its Hamas foes in Gaza say the Lebanon conflict could help end the Gaza conflict,…
Author: user
(Reuters) – U.S. stock index futures slipped on Thursday as markets awaited data for insights on the economic outlook and the likelihood of further interest-rate cuts from the Federal Reserve, while watching for a potential escalation in Middle East hostilities.Wall Street’s three main indexes closed flat in the previous session after a private survey signaled that the labor market was not in a sharp deterioration.Caution prevailed nonetheless, as investors contemplated the scale of Israel and the United States’ response to Iran’s recent attack on Israel. The CBOE volatility index, Wall Street’s fear gauge, hovered at more than three-week highs at…
New Tesla Cybertruck vehicles parked at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. M. Scott Brauer | Bloomberg | Getty ImagesTesla said on Thursday it would recall most Cybertrucks in the U.S. due to delayed rear-view camera images that could impair driver visibility and increase crash risks, adding that a software update would resolve the issue.The recall covers more than 27,000 Cybertrucks, Tesla said in a report filed with the U.S. National Highway Traffic Safety Administration.The Cybertruck’s system in the affected vehicles may not complete a shutdown process before it is commanded to boot up,…
Image source: Getty Images Lloyds (LSE:LLOY) shares have performed well for investors over the past 12 months, surging 34% at the time of writing. But if I had held shares in the bank for the last five years, I’d have seen a measly 10.6% growth — just above 2.1% per annum. Thankfully, there will have been dividends during that period. So, if I had invested £1,000 in Lloyds shares five years ago, today I’d have £1,160 plus around £227 in dividends — that’s including the dividends I’m expecting to receive this year. In other words, my total returns would be…
AUGUSTA, Maine – Avangrid, Inc. (NYSE: NYSE:), a significant player in sustainable energy, has been awarded a $425 million capacity contract by the U.S. Department of Energy (DOE) for its Aroostook Renewable Project in Maine. This award, part of the DOE’s Transmission Facilitation Program (TFP), marks a historic federal investment in Maine’s energy infrastructure. The DOE’s decision coincides with the Maine Public Utilities Commission’s (MPUC) preparations to call for proposals for a transmission line that will connect 1,200 megawatts of renewable energy to the New England power grid. Avangrid announced its intention to bid in this process, leveraging the $425…
The Tesco (LSE: TSCO) share price got a boost on Thursday (3 October), after the supermarket giant posted a 15.6% rise in first-half operating profit. The shares jumped 2.4% in early trading. CEO Ken Murphy told us “we are as competitive as we have ever been, and we have been the cheapest full-line grocer for nearly two years.“ About a decade ago, I feared the encroachment of Lidl and Aldi on the UK retail scene could eat into Tesco’s business. But things have barely budged since this time in 2014. According to Kantar Worldpanel, Tesco had 29% of the UK’s…
On Thursday, CME Group Inc. (NASDAQ:) stock saw its price target increased by Citi to $250 from the previous $240, while the Buy rating was maintained. The revision follows a strong performance in the third quarter of 2024, where CME Group experienced a significant increase in trading activity. Total average daily volume (ADV) for the quarter was 28.3 million, marking a 27% rise year-over-year. This surge was led by a record rates ADV of 14.9 million, which itself was up 36% from the previous year. CME Group’s growth was not limited to one area, as double-digit year-over-year growth was noted…
Dividend stocks can be powerful investments. They’ve historically outperformed the market with lower volatility. The biggest driver of that outperformance is dividend growth. Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), Oneok (NYSE: OKE), NNN REIT (NYSE: NNN), and Alexandria Real Estate Equities (NYSE: ARE) stand out for their ability to pay dividends. They offer higher payouts, all with more than a 4% yield, compared with the sub-1.5% average of the S&P 500, and they’ve steadily increased those payouts. With more dividend growth ahead, you shouldn’t hesitate to buy them this month. Powerful growth aheadBrookfield Infrastructure currently yields around 4.4%. The global renewable…
Image source: Getty Images With a dividend yield of just over 2%, McDonald’s (NYSE:MCD) doesn’t jump out as an obvious choice for passive income investors. But I think it’s worth a closer look. In terms of returns, there’s more to the stock than just the dividend. And the company’s competitive position might well make it resilient going forward. Business model McDonald’s has built its reputation on quick service and bargain prices. And despite its recent results, I think offering better value than the competition has a durable appeal with customers. Investors need to approach such businesses with caution though. Unless…
Investing.com — Spain’s Telefonica (BME:) stands to benefit from a more “benign” interest rate cycle as well as a “much improved” market position for its Brazilian operations, according to analysts at HSBC. In a note to clients upgrading their rating of the stock to “Hold” from “Reduce”, the analysts said the prospect of decreasing borrowing costs may mean that Telefonica’s “relatively higher” debt obligations “may be less under the spotlight.” Meanwhile, the HSBC analysts said the “demise” of local player Oi in Brazil, which filed for a second bankruptcy protection process last year, should give Telefonica a “much improved” market structure…