News
Stifel Raises Price Target on Targa Resources Corp Stock
Double Digit Upside in Targa Stock, Analyst Says This midstream energy company with an 8.5% yield just got its price target raised by an investment bank on Wall Street. On Monday, August 22, Stifel Nicolaus analyst Selman Akyol raised his.
Greenspan Sees Rates Rising Soon and at Faster Pace
Former Fed Chief Sees “Stagflation” Threat If you’re confused about the future direction of U.S. interest rates, it’s probably better to pay attention to the former chairman of the Federal Reserve, Alan Greenspan. He predicts that U.S. interest rates will.
Fed’s Fischer: “No Plans” for Negative Interest Rates
Economy Close to Meeting Fed’s Target The central banks in Europe and Japan have adopted negative interest rate policies. Will the U.S. Federal Reserve do the same? According to the Fed’s second-highest-ranking official, the answer is “no.” During a speech.
Fortescue Metals Hikes Dividend as Metal Prices Improve
Dividend Payouts May Exceed 40% Distribution Target In the latest sign that mining companies may be turning the corner after a plunge in global commodity prices, the world’s fourth-largest iron ore producer said it’s increasing its final dividend payout by.
Nam Tai Property Inc Announces Share Repurchase Program
$50.0 Million Buyback to Be Completed in Four Weeks The momentum in China’s red-hot real estate market is still going strong. One real estate developer just announced a new stock buyback program. On Monday, Nam Tai Property Inc (NYSE:NTP) announced.
Martin Marietta Materials, Inc. Hikes Dividend 5%
Raises Quarterly Dividend Rate to $0.42 Per Share In what’s considered a dull and boring industry, one company is producing exciting returns. On Monday, Martin Marietta Materials, Inc. (NYSE:MLM) announced that its board of directors has approved a quarterly cash.
Cargojet Increases Cash Dividend by 17.4%
Freight Mover Benefits From Capacity Management Cargojet Inc. (TSX:CJT), a Canadian-based air cargo service provider, said its board has approved a 17.4% increase in its cash dividend for the period starting July 1 to Sept. 30, according to a statement.
CBO Report: 10% of Americans Own 76% of the Wealth
Wealth Inequality on the Rise A tiny fraction of Americans controls a majority of the nation’s wealth, according to a recent report from the U.S. Congressional Budget Office (CBO). More specifically, the bottom half of the population collectively owns a.
Analysts: Williams Companies Inc Unlikely to Get Another Offer from EPD
Current Price Too High to Justify: Analyst Williams Companies Inc (NYSE:WMB) has reportedly rejected a buyout offer from Enterprise Products Partners L.P. (NYSE:EPD). While reports suggest that Enterprise could make another offer, analysts are not so sure that this will.
Study: Morgan Stanley Sees Further Upside for Stocks
S&P 500 Undervalued by 20%–25% Global equity markets will continue their upward journey backed by improved corporate earnings and a better economic outlook, according to a research by Morgan Stanley’s (NYSE:MS) Wealth Management division. Mike Wilson, who is the chief.
