Timken is a dominant global player in highly engineered ball bearings and other components that are essential to an array of machinery, from agriculture to aerospace. Or put another way, Timken literally helps the world go round. “Bearings are in nearly every man-made item with a moving part,” D.A. Davidson analyst Michael Shlisky explains.
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
Here are five stocks that will be dishing out dividends in May. The post 5 Singapore Stocks Paying Out Dividends in May appeared first on The Smart Investor.
The founder of Binance has become the world’s richest prisoner after he was sentenced to four months in jail, marking a stunning downfall for the former boss of the world’s largest cryptocurrency exchange.
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.Net profit in the January-March period amounted to $2.7 billion, up 564 percent from the first quarter of last year, according to a results filing by Huawei's holding company on an official website and confirmed by a representative of the firm.
An interim dividend of 54 cents has been declared.
Singapore has plenty of high-yielding REITs. Having a strong sponsor will make a difference. The post 5 High-Yielding Singapore REITs Backed by Strong Sponsors appeared first on The Smart Investor.
Investors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.
Seagate stock got a ringing endorsement Wednesday that included a robust earnings forecast. Wedbush analyst Matt Bryson lifted his rating on the disk-drive provider to Outperform from Neutral and set a price target of $100. Seagate Technology Holdings stock was 0.5% higher on Wednesday at $86.22.
SINGAPORE (Reuters) -Singapore's biggest bank DBS Group reported on Thursday first-quarter results that trumped expectations with broad-based growth and said it expects net profit to exceed last year's record result. Underpinned by robust business momentum as loans grew and both fee income and treasury customer sales reached new highs, net profit jumped 15% from the same period a year earlier to S$2.96 billion ($2.2 billion), beating market expectations for a 3.5% decline. Guidance that net profit would grow this year was more upbeat than in the previous quarter when DBS said only that it expected this year's net interest income to be around 2023 levels.
Goldman Sachs, International Monetary Fund, and the Congressional Budget Office are the latest to warn it’s a looming problem.
Given her no nonsense approach to building wealth, it's not surprising that financial guru, Emmy-winning TV host and popular podcaster Suze Orman recommends certain risk-averse investments to her...
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
Fed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
In this article, we will take a detailed look at the latest stocks Jim Cramer is recommending. If you want to skip our detailed analysis and see the top 5 stocks in this list, click Jim Cramer is Recommending These 5 Stocks Heading Into May 2024. Jim Cramer is concluding April by talking about some specific […]
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China. Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note.
Stocks like Coinbase Global, Inc. (COIN), Robinhood Markets, Inc. (HOOD) and NVIDIA Corporation (NVDA) are likely to benefit in the near term as the Bitcoin rally is poised to resume.
The dollar steadied and London shares were slightly higher in holiday-thinned trading Wednesday as investors awaited clarity on the outlook for US interest rates.The dollar, which has gained in recent days against other currencies on interest rate differentials, was largely flat Wednesday as many investors were either away for the May Day holidays or on hold ahead of the Fed's announcements.
Gold prices climbed over 1% on Wednesday as the dollar and U.S. Treasury yields tumbled lower after the Federal Reserve's interest-rate decision and Chair Powell's speech. Spot gold was up 1.7% at $2,323.38 per ounce as of 15:15 p.m. ET (1915 GMT), after hitting its lowest level since April 5 earlier in the session. Benchmark U.S. 10-year bond yields also crept lower.
In our pursuit of financial success, we often find ourselves locked into the 9-to-5 grind, convinced that there's no other realistic path to wealth. But what if there were alternative strategies and...
Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of $73,803, technically putting it in a bear market.
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