News
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.
U.S. Treasury Selling $175.0 Billion of New Debt
T-Bills Sale Schedule Announced From August 22–26, the U.S. Treasury Department will auction off $175.0 billion worth of government bonds. Although the notes will be of varying maturities, they will all be available in minimum denominations of $100.00. Roughly $122.0.
Companies Paying Out More of Their Earnings to Shareholders
S&P 500 Firms Offering Big Rewards Corporations are paying out more money to shareholders, but some analysts think the practice could be shortsighted. Large companies are distributing a larger percentage of their profits to shareholders, according to a recent report.
Study: Inflated Equity Prices May Threaten Credit Market
Inflated Equity Prices Helping Bond Upgrades Inflated equity valuations may threaten a relative stability in the credit markets amid depressed corporate bond yields and extraordinarily low interest rates, according to Moody’s Analytics research. The S&P 500 and the Dow Jones.
Vancouver Home Sales Plunge 94% in August
Only 3 Houses Sold in West Vancouver In a sharp reversal from earlier trends, the Vancouver real estate market plummeted through the month of August. The Canadian city has been a hotspot for home prices in recent years, but it.
Federal Reserve President John Williams Calls for Rate Hike
Rate Hikes “Preferably Sooner Rather than Later” With economic data indicating strength in the U.S. economy, rate hikes are back on the table. This time, it’s the San Francisco Federal Reserve Bank President John Williams who is calling for interest.
Former Fed Chairman Greenspan Sees Interest Rates Going Higher
Greenspan Hawkish on Interest Rates Former Federal Reserve Chairman Alan Greenspan gave an interview recently in which he predicted that higher interest rates were just around the corner. He gave a wide-ranging interview regarding monetary policy, including forecasts on central.
MGE Energy, Inc. Announces Dividend Increase
41 Consecutive Years of Dividend Hikes Utility companies are known as stodgy, boring investments, but shareholders of MGE Energy, Inc (NASDAQ:MGEE) don’t seem to be complaining. On Friday, MGE Energy, Inc. (NASDAQ: MGEE) board of directors approved a quarterly cash.
