Dividends per share (DPS) is the sum of all dividends a company pays out over a fiscal year divided by the number of outstanding shares. It is used to share a company’s profits with its shareholders. Causes of Decreased Dividends per Share Some of the reasons a company’s DPS may decrease include reinvestment in a
The Nigerian city of Lagos has declared a 24-hour curfew after violence marred mass protests against police brutality that have erupted across the country in recent days and brought Africa’s largest city to a standstill. With riot police about to be deployed nationwide, governor Babajide Sanwo-Olu on Tuesday afternoon imposed a curfew on Lagos state
Nancy Pelosi, the Democratic speaker of the House of Representatives, said she was “optimistic” about a fiscal stimulus deal after the Trump administration made concessions on coronavirus testing and tracing ahead of an imminent deadline to reach a compromise. Ms Pelosi had said she would wait until Tuesday evening for “clarity” from the White House
Would you talk differently if you knew a machine was listening to you and grading you based on what you were saying, or based on whether you were using positive or negative words, or even if the sound of your voice was optimistic or pessimistic? Apparently, Wall Street executives are talking differently. They are trying to
The hunt for new hedges is in full gear. While much has been made about the search for yield in a world of ultra-low interest rates, valuations in the U.S. Treasury market also leave very little room for price gains to counteract losses should the high-flying stock market turn lower. It’s a dilemma that could
Within the past few hours, Bitcoin (BTC) price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested that the dominant cryptocurrency is in the process of decoupling from the rest of the market, including U.S. equities. The
Saqr Al-Qassimi is the CEO of RAK Real Estate, a family-owned real estate developer in the United Arab Emirates. getty The pandemic has dramatically shifted business operations in several ways — there’s no doubt about that. Although the rapid changes have caused some people to hunker down and hide, I believe the shift has also prompted
Companies controlled by one of New York’s most prominent hotel developers received millions of dollars in loans from a government program intended to support small businesses as the coronavirus hammered the economy. At least eight businesses owned by Sam Chang received between $2.8 million and just over $7 million in federal small business loans, according
Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage
The Covid-19 recession has led to higher unemployment six months and longer for those 55 and older than mid-career workers 35 to 54 in nearly half of a century, according to a new report by The New School’s Retirement Equity Lab (ReLab). First hired and last fired is changing: first in first out is becoming
Continued gains in housing starts and building permits reiterated the strength of the housing market, one of the sectors that has done well despite the COVID-19 pandemic. Housing starts climbed 1.9% to a seasonally adjusted 1.415 million annual rate in September, from a revised August pace of 1.388 million, first reported as 1.416 million, while
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) - The gold market continues to tread water around $1,900 an ounce even as the U.S. sees some slowing momentum in the
The outlook for the entire precious metals sector has been bearish, and now that a clear “sell” signal has flashed, the outlook remains bearish! by Przemyslaw Radomski via Sunshine Profits Gold, mining stocks, and the USD Index have not been doing much recently. However, yesterday, this “inactivity” took quite a decisive shape, and unfortunately, things
Shares in UBS are soaring 6% as the Swiss bank’s quarterly profit jumped 99% fueled by “strong” client activity in global stock markets. UBS’ (UBS) net income surged to $2.1 billion in the three months to September, blowing past analysts’ expectations of $1.557 billion. The bank’s global wealth management business reported an 18% increase
U.S. President Donald Trump holds a campaign rally in Carson City, Nevada, October 18, 2020. Carlos Barria | Reuters The S&P 500 is up about 5% since the end of July, and that higher market historically would favor the occupant of the White House if stocks hold their gains into the election. But strategists say
One would have to be intellectually obtuse to think former President Barack Obama was unaware his Vice-President, Joe Biden, was raking in tens-of-millions from his use of Hunter Biden as family bagman while lobbying foreign governments. With that in mind; and considering all of the downstream consequences from the original selection of Joe Biden as the VP
Basel III—also referred to as the Third Basel Accord or Basel Standards—is a 2009 international regulatory accord that introduced a set of reforms designed to improve the regulation, supervision, and risk management within the international banking sector. Basel III required that banks maintain proper leverage ratios and keep certain levels of reserve capital on hand.
UBS has set aside $2.5bn to return to shareholders next year after a surge in quarterly earnings despite the coronavirus pandemic, marking a boost for departing chief executive Sergio Ermotti. On Tuesday the Swiss bank, the world’s largest wealth manager, reported that third-quarter net income jumped 99 per cent to $2.1bn. This beat expectations for
European equities struggled for traction on Tuesday as anxiety grew about the economic cost of the pandemic and the short timeframe for US lawmakers to approve further fiscal stimulus before November’s election. After ending Monday lower, the region-wide Stoxx 600 share index was flat in early trading, while Frankfurt’s Xetra Dax slipped 0.2 per cent
The cryptocurrency market has suddenly shifted back to Bitcoin (BTC) after several months of a decentralized finance (DeFi) frenzy. While market cap dominance remains below 60%, earlier this month, the trading dominance of BTC has spiked to levels not seen since 2017 when the price hit an all-time high at $20,000. The trading dominance of
Kent Clothier, a national leader in the real estate investing industry, is the Founder and CEO of Real Estate Worldwide (REWW). getty If you’re just getting started in real estate, you’re likely still working a full-time job while pursuing this new venture on the side. You may want to make the leap to a full-fledged real estate
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central bank of Russia has outlined its plans
By Ken Dychtwald, Next Avenue Contributor getty When our Constitution was crafted, the average life expectancy in the U.S. was barely 37 years and the median age was a mere 16. During the time of our Founding Fathers, there was no anticipation of an “age wave.” However, due to the combination of high life expectancies,
Lisa Washburn, managing director at Municipal Market Analytics spoke during a virtual panel Monday afternoon. A wide array of muni market leaders are hopeful that their efforts will inspire more disclosure without a need for strict regulation and future rulemaking. During the second annual Government Finance Officers Association MiniMuni virtual conference, issuers, broker-dealers, securities lawyers
[embedded content] October 19, 1987 was a day of infamy for stock market traders. Known as the “Black Monday” stock market crash, markets all around the world tumbled, with the U.S. markets falling more than 20% during the trading session that day. Mark Skousen, editor in chief of Forecasts & Strategies, predicted that a major
Things have become overwhelmingly tight for all those Comex approved smelters… by J. Johnson via JS Mineset Great and Wonderful Monday Morning Folks, This is not a normal start of the week because the Sunday night open had Silver and Gold trading lower, but now? Gold is up $10.10 with the trade at $1,916.50
Shares of International Business Machines Corp. fell about 3% in extended trading on Monday as its revenues continued to decline for the third consecutive quarter. The company didn’t provide any 4Q outlook citing uncertainty over global economic recovery due to the COVID-19 pandemic. IBM’s quarterly adjusted EPS and revenues in 3Q declined 3.7% and 2.6%,
by confoundedinterest17 With about two weeks to go until the U.S. election, volatility gauges for stocks and bonds are on different paths. The Cboe Volatility Index — known as the equity market’s “fear gauge” — has been relatively subdued this month in contrast to the ICE BofA MOVE Index, the Treasury market’s equivalent measure. JP Morgan’s Global
Dow component The Procter & Gamble Company (PG) reports fiscal first quarter 2021 earnings in Tuesday’s pre-market, with analysts expecting a profit of $1.42 per share on revenue of $18.4 billion. The stock gapped up to a new high in July after beating fourth quarter 2020 estimates and raising guidance, and it has added another
Acorns mobile application Acorns Acorns is expanding into the hiring market. The eight-year-old fintech company announced a partnership with online job market ZipRecruiter on Monday, which allows Acorns clients to browse and apply for jobs within the app. Acorns’ hiring portal is the first of its kind for a financial services company. The launch had