News
Bank of Japan Running Out of Bonds to Buy
Japanese Banks Run Dry of Bonds to Sell The Bank of Japan (BoJ) appears to have hit a ceiling on its monetary policy. In its eagerness to absorb government bonds, the BoJ seems to have exhausted the supply of bonds.
Phillips 66 Partners LP and Shell Midstream Partners LP Get “Buy” Ratings
Major Upside for Two MLPs, Analyst Energy companies aren’t exactly the hottest picks in the stock market these days, but master limited partnerships, or MLPs, that are linked to oil majors can still do well, according to investment bank Stifel.
U.S. Dollar Drops to 8-Week Low Against Euro
Low Rate Expectations Keeping Dollar Depressed The U.S. dollar dropped to an eight-week low against the euro today on speculation that the Federal Reserve will continue to keep interest rates low, making the currency less attractive for investors to hold..
Portuguese Bonds Jump on Fears of a Ratings Downgrade
Will Portugal Earn the ECB’s Trust? Portugal’s credit rating came under fire this week as the country struggled to keep its Better Business Bureau (BBB) rating. Holding its creditworthiness above water is a necessary condition for the country to continue.
Study: 56% of Americans Lose Sleep Over Retirement Worries
Knowledge of Their Retirement Goals Can Cut Stress New York, NY — You should feel lucky if you’re part of that minority group in the U.S. whose members don’t lose sleep over concerns and negative emotions about their retirement. A.
Bond Traders Ride Big Swings in Treasury Yields
Bond Yields Rise on Rate Hike Fears Just one day after the Federal Reserve released details from its July meeting, bonds began to swing wildly. There was a rabid sell-off, but traders moved back into both 10- and two-year Treasuries.
Analyst: Avoid “Dividend Darlings” with High Valuations
Debt Investors Shifting Money to Dividend Stocks New York, NY — Yield-hungry debt investors shouldn’t blindly buy dividend stocks with high valuations. Investors are diverting cash to equity markets as they look for returns amid negative yields in most of.
Morgan Stanley Upgrades Kinder Morgan, Inc. (NYSE:KMI) Stock to Overweight
Analyst Raises Price Target on Kinder Morgan Stock to $24.00 After a huge drop last year, Kinder Morgan, Inc. (NYSE:KMI) stock has climbed quite a bit in 2016. Now, a major Wall Street firm is saying that there is more.
United Bancorp, Inc. (NASDAQ:UBCP) Hikes Dividends
Increases Quarterly Dividend Rate to $0.11 Per Share Some small banks can pay big dividends. United Bancorp, Inc. (NASDAQ:UBCP) is the latest example. On, August 18, United Bancorp announced that its board of directors has approved a quarterly cash dividend.
Aegion Corporation (NASDAQ:AEGN) Announces New Share Repurchase Program
Authorizes an Additional $10.0 Million in Stock Buybacks On, August 17, Aegion Corporation (NASDAQ:AEGN) announced that its board of directors has authorized a new share repurchase program. Via this program, the company will be able to repurchase up to $10.0.