In trading on Monday, shares of AT&T were yielding above the 7% mark based on its quarterly dividend (annualized to $1.11), with the stock changing hands as low as $15.64 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share…

Contrasting results and forecasts from electric-vehicle makers on Tuesday showed that Rivian Automotive Inc. has a more tangible business model than Lucid Group Inc. Overall, Rivian RIVN, +1.40% showed it was focused on cost-cutting efforts during its call with analysts to discuss its third quarter, as executives described a big…

Disney (DIS) networks went dark in the early September for 15 million cable TV subscribers nationwide. An operating partner is disputing Disney retransmission fees. Unsurprisingly, gouging customers is a lousy business model. Longer-term investors should accumulate Walmart WMT (WMT). Let me explain. Legacy businesses are under siege globally. Software is…

Associated British Foods rose on Tuesday following the release of solid full-year numbers and the announcement of a new share buyback programme and special dividend. At £22.38 per share, the ABF share price was up 6.3% and leading the FTSE 100 higher. Revenues at the Primark owner soared 16% during…

Oil futures declined on Monday, with the global benchmark sliding back below $90 a barrel and U.S. prices ending at a more than three-week low. A ground incursion into the Gaza Strip by Israeli forces appeared to proceed at a cautious pace, helping to soothe worries over a broadening of…

The Consumer Price Index Report for October 2023 will be released at 8:30 a.m. ET on November 14. Headline inflation is broadly expected to be subdued month-on-month. That’s in part as oil prices have eased from late September highs. Still, underlying trends may still concern the Federal Reserve ahead of…

The Israel-Hamas war has the potential to disrupt oil supply in the Middle East region, leading to a rally in prices for the energy source that can impact other commodities, worsening global food insecurity, the World Bank said in a report released this week.The Israel-Hamas war comes on the heels…

Great Lakes Dredge & Dock’s (GLDD) earnings announcement had its stock down nearly 14% today. Yet while the revenues of $117.2 million reported for Q3 came in well below the $134.2 million consensus estimate, this was consistent with the company’s expectations for it to be a tough period due to…

Oil futures ended lower on Tuesday, leading to the first loss in five months as the risk premium tied to fears the Israel-Hamas war could threaten crude supplies eroded.Price action West Texas Intermediate crude for December delivery CL00, -0.05% CL.1, -0.05% CLZ23, -0.05% dropped $1.29, or 1.6%, to settle at…

Global gold-backed exchange-traded funds (ETFs) endured further outflows in October, according to latest data from the World Gold Council (WGC). Net outflows from these physically backed funds amounted to $2 billion (or 37 tonnes) last month, the body noted. This was the fifth decline on the spin, although outflows were…