This post was written by Bob Ciura on March 1, 2017, for Sure Dividend.
Its no secret that Warren Buffett is a fan of dividend stocks. The Oracle of Omaha owns many of them, including Bank of New York Mellon (NYSE:BK).
Approximately 0.7% of Buffetts $148 billion stock portfolio is comprised of Bank of New York Mellon stock.
Bank of New York Mellon is a diversified financial....More>>>
All three main U.S. stock benchmarks closed at records on Wednesday after minutes from the Federal Reserves September meeting suggested caution among policy makers on the next interest rate hike which the market had widely expected in December.
Where did benchmarks finish?
The Dow Jones Industrial Average
Applied Optoelectronics (NASDAQ: AAOI) reported during the last earnings call an inventory increase, however the increase was lower than expected. The company invests heavily in customer diversification, which will help to stabilize revenues and reduces the dependency on a single client. The guidance for the next quarter is considered weak, but we believe that from the first quarter of 2018 the....More>>>
BMO’s Andrew Kaip and team call Barrick Gold’s (ABX) earnings “slightly positive” for its shares. They explain why:
Elko Daily Free Press/Associated Press
Barrick reported adjusted EPS of $0.14 in Q2/16, above our estimate for $0.12 and in line with consensus at $0.14. Production was 1.34Moz gold at [all-in sustaining cost, or AISC,] of $782/oz, compared....More>>>
BlackBerry’s (NSDQ:BBRY)turnaround has been moving at snail’s pace. In that context, BlackBerry’s deal with Ford (NYSE:F) to expand usage of its QNX software in the latter’s line of connected cars was welcome news. Many see BBRY’s focus on automotive technology as a potential profit center. Norwegian security firm, Promon, recently gave a demonstration of howTesla (NSDQ:TSLA)....More>>>