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Kevin O'Leary Slams Dave Ramsey As 'Moronic,' Urges Women To Sign Prenups To Protect Financial Independence, Avoid Divorce Pitfalls
Investor Kevin O'Leary slammed financial guru Dave Ramsey's warnings against prenups, insisting that women should protect their financial independence before marriage as a standard practice, not a warning sign. O'Leary Calls Dave Ramsey's Advice Against Prenups ‘Moronic‘ O'Leary, best known as a Shark Tank judge, criticized Ramsey's long-standing advice against prenups in a conversation with Moneywise last week, calling it "moronic" and "the stupidest idea I've ever heard." Ramsey has warned tha
Sugar Prices Supported by Reduced Brazil Cane Yields
March NY world sugar #11 (SBH26 ) on Monday closed up +0.34 (+2.06%), and December London ICE white sugar #5 (SWZ25 ) closed up +6.90 (+1.51%). Sugar prices rallied sharply on Monday, with NY sugar posting a 1.75-month nearest-futures high. Sugar prices rose on carryover support from last Thursday, when...
Dollar Firms as the Euro and Yen Decline
The dollar index (DXY00 ) on Monday rose by +0.39% and posted a 1-week high. The dollar moved higher on Monday after French Prime Minister Lecornu resigned, which undercut the euro. Also, the yen tumbled against the dollar after Sanae Takaichi, a proponent of easy fiscal and monetary policy, won...
Nat-Gas Prices Settle Higher as US Weather Forecasts Cool
November Nymex natural gas (NGX25 ) on Monday closed up by +0.033 (+0.99%). Nov nat-gas prices settled higher on Monday on forecasts for cooler US temperatures, which could boost heating demand for nat-gas. Forecaster Atmospheric G2 said Monday that forecasts shifted cooler across the US for October 16-20. Last Thursday,...
Banking Giant Issues Dire Warning: Stablecoins Could Drain $1 Trillion From Global Banks by 2028
Standard Chartered has warned that over $1 trillion could flow out of emerging-market (EM) banks and into stablecoins by 2028, as adoption of dollar-pegged crypto assets accelerates globally.In a report published Monday, the bank’s Global Research unit said growing adoption of stablecoins could trigger one of the largest structural shifts ...
Is Shake Shack's Expansion Dream A Recipe For Disaster?
Shake Shack Inc. (NYSE:SHAK) faces mounting margin pressure and slowing same-store sales growth as rising beef costs and aggressive pricing in the fast-casual sector challenge its expansion ambitions. Bank of America downgraded Shake Shack to Underperform from Neutral and cut its price forecast to $86 from $148, implying an 11% downside to the current share price of $96.79. Analyst Sara Senatore said Shake Shack has strengthened its innovation process through a stage-gate system that enforces st
Crude Prices Move Higher on a Smaller-Than-Expected OPEC+ Production Hike
November WTI crude oil (CLX25 ) on Monday closed up +0.81 (+1.33%), and November RBOB gasoline (RBX25 ) closed up +0.0411 (+2.21%). Crude oil and gasoline prices moved higher on Monday after OPEC+ agreed to a smaller-than-expected increase in its crude production levels. Also, reduced Russian crude production is supporting...
Company bids less than a penny per ton in biggest US coal sale in over a decade
A Navajo tribe-owned company bid $186,000 to lease 167 million tons of coal on federal lands in southeastern Montana on Monday in the biggest U.S. coal sale in more than a decade. Two NTEC representatives attended the sale at the Bureau of Land Management local office in Billings, Montana. At the last successful government lease sale in the region, a subsidiary of Peabody Energy paid $793 million, or $1.10 per ton, for 721 million tons of coal in Wyoming.
Decades of Dependability: How Franklin Resources (BEN) Earned its Dividend Champion Title
Franklin Resources, Inc. (NYSE:BEN) is included among the Best Dividend Stocks for a Dividend Champions List. An American multinational investment management company, Franklin Resources, Inc. (NYSE:BEN) is lesser-known among dividend investors. However, the company’s dividend policy is commendable. It’s just one year away from becoming a Dividend King, which means that BEN has been rewarding […]
Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec
In August, Texas-based firm Firefly secured a valuation of $9.84 billion after its shares surged 55.6% in their Nasdaq debut, as investors continue to pour capital into companies aiding expansion of the U.S. space and defense program.. Firefly's acquisition of Princeton, New Jersey headquartered SciTec will enhance its space services by integrating SciTec's defense software analytics into its systems, the company said. SciTec's core capabilities, which encompass missile warning, tracking and defense, intelligence, surveillance among other elements, will bolster Firefly's existing launch, lunar, and in-space services.
The Dividend Champions List Wouldn’t Be Complete Without Enterprise Products Partners (EPD)
Enterprise Products Partners L.P. (NYSE:EPD) is included among the Best Dividend Stocks for a Dividend Champions List. Enterprise Products Partners L.P. (NYSE:EPD) runs one of the biggest energy infrastructure systems in North America. The business isn’t about drilling for oil or gas itself. Instead, it earns steady fees by moving and storing fuels and byproducts […]
Japan's Nikkei seen hitting new highs as yen, bonds sputter on Takaichi victory
TOKYO (Reuters) -Japanese shares are expected to keep setting records even as the nation's currency and bonds sputter after fiscal dove Sanae Takaichi was elected on Saturday to lead the ruling party and likely become prime minister. Takaichi, 64, was considered to have the most expansionist fiscal and monetary agenda among five candidates in the Liberal Democratic Party race to replace hawkish Prime Minister Shigeru Ishiba. In the lead-up to the LDP race, a "Takaichi trade" emerged - long on stocks and bearish on Japanese government bonds, particularly longer maturities - positioning for a win by Takaichi, a devotee of the "Abenomics" stimulus policies of the late Shinzo Abe.
Dividend Champions Spotlight: United Bankshares’ (UBSI) Record of Reliability
United Bankshares, Inc. (NASDAQ:UBSI) is included among the Best Dividend Stocks for a Dividend Champions List. United Bankshares, Inc. (NASDAQ:UBSI) has grown into a sizable regional bank holding company. At its core, it still does the usual banking work, which includes making loans in commercial, real estate, and consumer markets, while also handling deposits, trust […]
Takaichi win as Japan leader may delay, not derail, BOJ rate hikes
TOKYO (Reuters) -With Sanae Takaichi set to become Japan's prime minister, advancing expansionist economic policies, chances have risen that the central bank will avoid raising interest rates this month, though the pause may not last if it batters the yen. Takaichi, likely to become Japan's first female leader next week after winning the presidency of the ruling party on Saturday, stood out in the race as the only proponent of big spending and loose monetary policy. Parliament is expected to vote the conservative nationalist in as premier on October 15 since her Liberal Democratic Party is the largest in parliament, though this is not assured as the LDP's coalition lost its majorities in both houses under her predecessor, Shigeru Ishiba.
Altria Group (MO): A Dividend Champion Built on Innovation and Endurance
Altria Group, Inc. (NYSE:MO) is included among the Best Dividend Stocks for a Dividend Champions List. Altria Group, Inc. (NYSE:MO) is best known for owning Marlboro, along with a portfolio that includes oral tobacco products, cigars, and e-vapor devices. Beyond tobacco, the company also holds a sizable stake in Anheuser-Busch. Cigarette use in the US, […]
Dividend Champions Spotlight: Target Corporation’s (TGT) Long Track Record of Payout Growth
Target Corporation (NYSE:TGT) is included among the Best Dividend Stocks for a Dividend Champions List. Target Corporation (NYSE:TGT) is one of the most famous retail corporations in the US. The company has built its reputation on giving shoppers a more upscale feel compared with the typical big-box store. Customers can find everything from clothes and […]
Polaris (PII): Riding Strong Among the Dividend Champions
Polaris Inc. (NYSE:PII) is included among the Best Dividend Stocks for a Dividend Champions List. An American auto manufacturer, Polaris Inc. (NYSE:PII) is gaining continuous investors’ attention because of its business model and dividend. Shareholders have been collecting growing dividends consistently for the past 30 years, which is not an easy feat to achieve, especially […]
New Jersey Resources Corporation’s (NJR) Dividend History: What Makes it a True Dividend Champion
New Jersey Resources Corporation (NYSE:NJR) is included among the Best Dividend Stocks for a Dividend Champions List. New Jersey Resources Corporation (NYSE:NJR) runs a mix of both regulated and unregulated energy businesses. Its main operation is New Jersey Natural Gas, which supplies gas to roughly 588,000 customers across some of the state’s wealthier and faster-growing […]
Firefly strengthens portfolio with $855 million deal for national security tech firm SciTec
In August, Texas-based firm Firefly secured a valuation of $9.84 billion after its shares surged 55.6% in their Nasdaq debut, marking the largest U.S. listing this year by a space tech firm. Firefly's acquisition of Princeton, New Jersey-headquartered SciTec will enhance its space services by integrating SciTec's defense software analytics into its systems, the company said.