Dividends are regular payments companies make to shareholders from their profits. Dividend stocks represent ownership in these companies that consistently distribute a portion of their earnings. Monthly dividend stocks are a subset that pays dividends every month instead of quarterly. These stocks are often favored by investors seeking regular income streams. Dividends can provide a steady cash flow and potentially offset market volatility. Investing in monthly dividend stocks can offer several advantages. They provide more frequent income, which can be beneficial for budgeting and cash flow management. Monthly payouts allow for faster dividend reinvestment, potentially boosting long-term returns through compounding.…
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CHICAGO, September 17, 2024–(BUSINESS WIRE)–XA Investments LLC (“XAI”), a Chicago-based alternative investment management and consulting firm, has welcomed Paul Dunn as a Senior Advisor. After a successful investment management career that culminated at Bluerock Capital Markets, Paul will advise XAI on sales and distribution. XAI provides individual investors with access to institutional-caliber alternative managers by partnering with established industry professionals with proven capabilities in alternative credit, private debt, and select hedge fund strategies.”Paul’s executive leadership in the alternatives market is second to none. We are pleased to have him join the XAI senior advisor group and lend his interval fund…
VinFast, a rapidly expanding electric vehicle manufacturer, is under investigation for potential defects in its lane keep assist systems. Numerous vehicle owners have filed complaints with the National Highway Traffic Safety Administration (NHTSA), alleging that the LKA in their 2023 and 2024 VF8 models is causing unexpected steering corrections, struggling to detect lanes accurately, and is difficult to override manually. One particularly disturbing incident involved a fatal crash that may be attributed to a malfunctioning LKA system. The allegations against VinFast have raised serious concerns about the safety and reliability of its vehicles. The NHTSA is now examining these complaints…
We break down complex business news to help you understand how money moves in Chicago and how it affects you. NEW YORK — The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September. The S&P 500 rose close to its own record, but was held back by losses in Big Tech companies like Apple and Nvidia. The Dow added 0.6% Monday, the S&P 500 rose 0.1% and the Nasdaq composite fell 0.5%. The mixed results came ahead of the most anticipated meeting of the Federal Reserve in years. More traders are betting that…
Merit Medical Systems To Purchase Cook Medical’s Lead Management Portfolio In $200M Deal, Seeks To Enhance Its Position In Cardiac Intervention MarketTuesday, Merit Medical Systems, Inc. (NASDAQ:MMSI) agreed to purchase Cook Medical’s lead management portfolio for cash consideration of approximately $210 million.Merit expects to fund the transaction through cash on hand and borrowings under its long-term credit facility. The deal is expected to close in the fourth quarter of 2024.Cook Medical’s lead management business provides a comprehensive end-to-end product portfolio of medical devices and accessories used in lead management procedures for patients who need a pacemaker or an implantable cardioverter-defibrillator…
By Ann Saphir (Reuters) – Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an expectation that may itself put pressure on central bankers to deliver just that. Futures tied to the Fed policy rate as of Tuesday mid-morning implied about a two-in-three chance of a bigger cut, versus a one-in-three chance of the more moderate 25 basis-point reduction still penciled in by analysts at most major Wall Street firms. The Fed starts its two-day policy setting meeting today, and will meet again in early…
Baystreet.ca – Futures tied to Canada’s main stock index rose on Tuesday on expectations of a bigger interest-rate cut by the U.S. Federal Reserve later this week, while losses in commodity prices capped gains. The regained 133.42 points to conclude Monday at 23,702.07, an all-time record. September futures on the S&P/TSX index were up 0.1% Monday. The nicked higher 0.03 cents to 73.63 cents U.S. Futures picked up 0.2%. In company news, First Quantum Minerals (TSX:) opened a voluntary retirement scheme to workers at the Cobre Panama mine as the company waits for a government decision on restarting the operation.…
Harry’s longtime friend and fellow polo player previously told PEOPLE that he’s glad to see Harry thriving as a dadNacho Figueras/Instagram Nacho Figueras and Prince Harry in a photo Figueras posted to Instagram on Sept. 15, 2024.Nacho Figueras is shouting out Prince Harry’s 40th birthday in a sweet way on social media.The Duke of Sussex turned 40 on Sept. 15, and Figueras marked the milestone with a heartfelt tribute on Instagram the same day.”Happy 40th brother. From the polo fields to all the moments in between, I’m grateful for the bond we share,” the professional polo player wrote below a…
EUR/USD fluctuates in a tight channel above 1.1100 on Tuesday. Hawkish comments from ECB officials support the Euro. August Retail Sales data will be featured in the US economic docket. EUR/USD benefited from the selling pressure surrounding the US Dollar (USD) and climbed to its highest level in 10 days above 1.1100 on Monday. The pair stays relatively quiet and trades in a tight channel early Tuesday. The technical outlook suggests that the bullish outlook remains unchanged, with a possibility of a technical correction in the near term. Euro PRICE This week The table below shows the percentage change of…
In a challenging market environment, Poema Global Holdings (GGR) stock has reached a 52-week low, dipping to $0.83. This significant downturn reflects a broader trend for the company, which has seen its stock value plummet by 67.68% over the past year. Investors have been cautious as the company navigates through a period marked by economic headwinds and industry-specific obstacles. The 52-week low serves as a critical indicator of the current investor sentiment and the pressures facing Poema Global Holdings in maintaining its market position amidst a competitive and rapidly changing landscape. In other recent news, Gogoro Inc. has reported a…