Yahoo Finance's Jared Blikre joins Myles Udland to break down the day's price action in stocks as well as a long in Intel (INTC), a Yahoo Finance Premium Investment Idea....
As markets begin to regain confidence, some companies that have taken some lumps from the coronavirus have started to recover. Managing Partner at Polaris Greystone Financial Group Jeff Powell joins The Final Round panel to break down why investors should shift to value stocks and move away from growth stocks
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Investment firm B. Riley FBR has been looking at dividend yields, and is telling investors that now is the time to buy in. The reason is simple: even after the market rally that began on March 23, many equities remain affordable.It may also be something of an artificial situation. The coronavirus crisis pushed economies into a freefall, and markets followed suit. The result was depressed stock prices and inflated dividend yields. We’re well past the market bottom, but how far from the top remains uncertain. And this is where B. Riley FBR is finding both high dividend yields and buying propositions.We’ve used the TipRanks database to pull up the data on three of the firm’s recent recommendations. They are low-cost dividend plays that are yielding 9% or better.Nordic American Tanker (NAT)We start in the oil business, specifically, oil tankers. Petroleum and its by-products provide the motive power of the modern economy, and remain...
Catherine Collinson, Transamerica Institute CEO & President, joins Yahoo Finance’s Melody Hahm to discuss how different generations are saving for their retirement....
(Bloomberg) -- Hertz Global Holdings Inc. called off efforts to raise cash by selling potentially worthless stock after U.S. regulators questioned its highly unusual approach to paying off creditors.The bankrupt car renter’s board “determined that it was in the best interests of the company to terminate” the offering, according to a Thursday regulatory filing. Hertz said on Wednesday that the stock sale had been suspended while it dealt with issues brought up by Securities and Exchange Commission officials.Hertz shares resumed trading after an hours-long halt and were down 10% to $1.80 as of 3:30 p.m. in New York. That’s a far cry from the $5.53 price at which the stock closed on June 8.The almost tenfold increase in the shares from 56 cents on May 26 initially spurred the company to approach a bankruptcy judge with plans to raise as much as $1 billion through an equity offering. It scaled back...
