Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank (MTB) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank (MTB) have what it takes? Let's find out.
8vFanI/iStock via Getty Images Understanding how BDCs lend, manage credit risk, and navigate interest rate environments can help investors better evaluate their role in a diversified income portfolio. How BDCs Manage Credit Risk While BDCs operate in a higher-yielding segment of the credit market, their portfolios are typically structured with risk management in mind. First, many BDCs focus on sen...
8vFanI/iStock via Getty Images Understanding how BDCs lend, manage credit risk, and navigate interest rate environments can help investors better evaluate their role in a diversified income portfolio. How BDCs Manage Credit Risk While BDCs operate in a higher-yielding segment of the credit market, their portfolios are typically structured with risk management in mind. First, many BDCs focus on senior secured loans. These loans sit higher in a borrower’s capital structure and are backed by collateral, which can improve recovery prospects in the event of financial stress. Second, BDC portfolios are usually diversified across industries and borrowers. This diversification helps reduce the impact of any single credit event. Lastly, experienced BDC managers rely on active underwriting and ongoing monitoring. Because many of these loans are privately negotiated, managers often maintain close relationships with borrowers and can respond more quickly to changes in company performance. Interest Rates and Floating Rate Income Interest rate exposure is another factor investors often consider when evaluating BDCs. A large portion of BDC loans are structured as floating-rate instruments. The interest payments on these loans adjust with changes in benchmark rates such as SOFR. When interest rates rise, the income generated by these loans may increase. When rates decline, income from floating-rate loans may fall. That said, lower borrowing costs can ease financial pressure on borrowers, which may help support credit quality. In that sense, interest rate changes can have offsetting effects within a BDC portfolio. Dividend Stability and Income Generation One reason BDCs are popular with income-focused investors is their distribution structure. BDCs are required to distribute most of their taxable income to shareholders, which supports the relatively high yields associated with the asset class. Many BDCs also maintain dividend coverage ratios, which provide an indication of whether p...
Apple will soon allow businesses to buy advertisements in its Maps app. In an announcement on Tuesday , Apple says ads may appear at the top of your search results in Maps , as well as in a new "Suggested Places" list. They will arrive in-app in the US and Canada this summer. The company describes its Suggested Places feature as an experience that displays recommendations "based on what's trending...
Apple will soon allow businesses to buy advertisements in its Maps app. In an announcement on Tuesday , Apple says ads may appear at the top of your search results in Maps , as well as in a new "Suggested Places" list. They will arrive in-app in the US and Canada this summer. The company describes its Suggested Places feature as an experience that displays recommendations "based on what's trending nearby, the user's recent searches, and more." It notes that it will clearly mark ads in the app, and that a "user's location and the ads they see and interact with in Maps are not associated with a user's Apple Account." Apple maintains that it doe … Read the full story at The Verge.
Investors considering a purchase of Quantum-Si Inc (Symbol: QSI) shares, but tentative about paying the going market price of $0.8684/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particula
Investors considering a purchase of Quantum-Si Inc (Symbol: QSI) shares, but tentative about paying the going market price of $0.8684/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particula
While the Dow Jones (^DJI) represents industry leaders, not every stock in the index is a safe bet. Some are facing headwinds like declining demand, rising costs, or disruptive new competitors.
While the Dow Jones (^DJI) represents industry leaders, not every stock in the index is a safe bet. Some are facing headwinds like declining demand, rising costs, or disruptive new competitors.
Olga Yastremska/iStock via Getty Images In my recent article covering 7 income-oriented CEFs that have increased NAV and increased distributions over the past ten to fifteen years, one of the funds that I mentioned was the Gabelli Dividend & Income Trust ( GDV ). In this review, I want to take a deeper dive into GDV as well some peer funds. If you are not familiar with Mario Gabelli , you may be i...
Olga Yastremska/iStock via Getty Images In my recent article covering 7 income-oriented CEFs that have increased NAV and increased distributions over the past ten to fifteen years, one of the funds that I mentioned was the Gabelli Dividend & Income Trust ( GDV ). In this review, I want to take a deeper dive into GDV as well some peer funds. If you are not familiar with Mario Gabelli , you may be interested in knowing more about his legacy that includes nearly 50 years of helping clients meet their financial goals. According to Fortune, his net worth is $2.2B. Other facts about Gabelli from the Fortune article are listed below: Mario Gabelli runs Gamco, a mutual fund and investment firm he founded in 1977. Gabelli's reputation for stock-picking took off in the 1980s, when he found success betting on the media and telecom sectors. A first-generation college student, Gabelli graduated from Fordham University's business school, now named for him, in 1965. He is a big donor to higher education and a signatory of the Giving Pledge . He also serves as executive chairman of Associated Capital Group, an investment management business that spun off from Gamco in 2015. Gabelli funds now offer 13 different CEFs , or closed-end funds, for investors to choose from. Gabelli The GDV fund was launched in November 2003 and has delivered a lifetime return of 8.4% annually on average since then. It has been one of the top performing Gabelli funds over the past 3-year, 5-year, and 10-year periods, although on a YTD basis, it has underperformed most of the other Gabelli CEFs. GDV: Price Retreat Offers Opportunity With an excellent historical track record and particularly in the past 15 years with a steadily increasing NAV as well as recently increased distributions, GDV has retreated in price over the past few months leading to a potential Buy opportunity. This overview chart from CEFConnect shows how the discount has recently widened to a steeper than average discount of -11.3%. The NAV...
STORY: Xiaomi's quarterly profit fell for the first time in three years at the end of last year. That's according to the Chinese firm on Tuesday (March 24). The smartphone and electric vehicle giant faced rising costs and growing competition. Adjusted net profit for the quarter to the end of December fell to $914.5 million. It marked the first quarterly drop since 2022's fourth quarter - though it...
STORY: Xiaomi's quarterly profit fell for the first time in three years at the end of last year. That's according to the Chinese firm on Tuesday (March 24). The smartphone and electric vehicle giant faced rising costs and growing competition. Adjusted net profit for the quarter to the end of December fell to $914.5 million. It marked the first quarterly drop since 2022's fourth quarter - though it was still higher than analyst forecasts. Xiaomi said Q4 revenue came in at close to $17 billion, slightly above average estimates. Profit was up just under 44% for the whole year at $5.6 billion after a 25% rise in revenue. Xiaomi beat its EV delivery target of 350,000 EVs last year. However, global smartphone shipments hit 165.2 million units last year, which missed targets. Looking ahead, Xiaomi said prices hikes might be needed if the firm continues to face pressure from rising memory costs. The company added the memory cost rise was higher than first thought.
German rescue teams have been trying to ease the humpback’s path back into deeper waters without success A 10-metre-long humpback whale stranded on a sandbar in the Baltic Sea is in danger of dying if rescue workers do not manage to help it move into deeper waters soon, experts have said. Believed to be a young male, the mammal was spotted by guests of a hotel in Niendorf in Lübeck Bay, northern G...
German rescue teams have been trying to ease the humpback’s path back into deeper waters without success A 10-metre-long humpback whale stranded on a sandbar in the Baltic Sea is in danger of dying if rescue workers do not manage to help it move into deeper waters soon, experts have said. Believed to be a young male, the mammal was spotted by guests of a hotel in Niendorf in Lübeck Bay, northern Germany, on Monday after they heard its deep moans and alerted police. Continue reading...
In this article 4502.T-JP TAK ABVX-FR Follow your favorite stocks CREATE FREE ACCOUNT Abivax is planning to raise money after releasing key trial data in June, its CEO told CNBC on Tuesday, signaling to potential buyers of the firm that it is in no rush to sell. Intense takeover rumors have surrounded the French biotech company for months, impacting the volatile stock that rose nearly 1,700% in 20...
In this article 4502.T-JP TAK ABVX-FR Follow your favorite stocks CREATE FREE ACCOUNT Abivax is planning to raise money after releasing key trial data in June, its CEO told CNBC on Tuesday, signaling to potential buyers of the firm that it is in no rush to sell. Intense takeover rumors have surrounded the French biotech company for months, impacting the volatile stock that rose nearly 1,700% in 2025. Analysts see it as a prime takeover target , and several pharma giants have been rumored as potential buyers. A second late-stage trial assessing the long-term, maintenance effect of Abivax' lead, and only, asset obefazimod will read out late in the second quarter. Subject to positive data, it plans to apply for U.S. Food and Drug Administration approval in the fourth quarter, the company has said. The drug is widely seen as a potentially best-in-class medicine for ulcerative colitis and is also being tested as a treatment for Crohn's disease, opening it up to a multi-billion-dollar market for Irritable Bowel Syndrome (IBS). "It's more logical again, for outside of the U.S. to wait post maintenance, because, as you know, the terms are going to be better… since we're confident that this study is going to read positively," Abivax CEO Marc de Garidel said, when asked about future partnerships and deals. "Why hurry," when the company is three months away from the readout, he said. Investors see the next trial results as a major inflection point for the company and one that potential buyers are watching closely. It is "really likely" Abivax will raise funds through a potential combination of equity financing and debt after the maintenance data, de Garidel said. "We are currently assessing how much money we need to raise in, let's say, late June… to take us to profitability." Funds raised would be at least several million, he added. The company has consistently emphasized that it has enough cash to carry it through late 2027, and on Monday reported a cash pile of 530 million ...
Edmond de Rothschild’s Paris offices were searched last week by French financial prosecutors as part of an investigation into a former employee at the Swiss bank with ties to sex offender Jeffrey Epstein . The Parquet National Financier said in a statement that the case’s focus includes the ex-staffer Fabrice Aidan and suspicions of corruption of a foreign public official, confirming an earlier re...
Edmond de Rothschild’s Paris offices were searched last week by French financial prosecutors as part of an investigation into a former employee at the Swiss bank with ties to sex offender Jeffrey Epstein . The Parquet National Financier said in a statement that the case’s focus includes the ex-staffer Fabrice Aidan and suspicions of corruption of a foreign public official, confirming an earlier report by Agence France-Presse. A lawyer for Aidan, who has also served as a French diplomat, didn’t immediately respond to requests for comment. She previously told AFP that her client denied any wrongdoing. The case comes after the US Justice Department’s release of a large trove of Epstein files and follows a February report about Aidan by the French Foreign Ministry to local criminal authorities. The DOJ files have led to several investigations across the world and resignations of prominent figures mentioned in exchanges with the disgraced financier. Read more: Epstein Files Prompt France to Open Probes, Revisit Brunel On Tuesday, Edmond de Rothschild said that it was fully cooperating with the French investigation related to a former staffer who worked at the bank between 2014 and 2016. The bank, which didn’t disclose the identify of the ex-employee, added in its statement that it carried out an internal investigation as soon as suspicions emerged. AFP said last Friday’s evidence-gathering search was carried out in the presence of the bank chief executive officer, Ariane de Rothschild , whose name is also in the files.
Hong Kong authorities will be able to demand external technicians or any “specified person” decrypt electronic devices during national security investigations and may punish suspects who provide wrong passwords or falsely claim to have forgotten them, the security chief has told lawmakers. Secretary for Security Chris Tang Ping-keung stressed on Tuesday that recent amendments to the national secur...
Hong Kong authorities will be able to demand external technicians or any “specified person” decrypt electronic devices during national security investigations and may punish suspects who provide wrong passwords or falsely claim to have forgotten them, the security chief has told lawmakers. Secretary for Security Chris Tang Ping-keung stressed on Tuesday that recent amendments to the national security law’s implementation rules did not create new law enforcement powers. “These amendments have...
OpenAI plans to invest $1 billion in various AI-related causes this year through its nonprofit arm, dramatically increasing its philanthropic efforts months after restructuring as a more conventional for-profit business. The OpenAI Foundation intends to focus its 2026 spending on helping protect society from potential artificial intelligence risks such as biological threats, as well as funding eff...
OpenAI plans to invest $1 billion in various AI-related causes this year through its nonprofit arm, dramatically increasing its philanthropic efforts months after restructuring as a more conventional for-profit business. The OpenAI Foundation intends to focus its 2026 spending on helping protect society from potential artificial intelligence risks such as biological threats, as well as funding efforts to use AI to aid the life sciences, the nonprofit is set to announce on Tuesday. The investments will come through external grants and programs, the foundation said. The company is making several key hires to help lead the nonprofit. Wojciech Zaremba, an OpenAI co-founder, has been tapped to head the foundation’s AI resilience initiatives, centering on the technology’s impact on biosecurity and general safety. Jacob Trefethen, who previously worked at Coefficient Giving, will oversee the life sciences effort. Initially, the focus will be on using AI to accelerate research on Alzheimer’s, among other diseases. As part of its corporate restructuring late last year, OpenAI’s nonprofit received a 26% equity stake in the San Francisco-based company. At the time of the deal, that stake was worth $130 billion , making the foundation one of the world’s most valuable charities on paper. The nonprofit will also get a warrant that lets it receive an undisclosed amount of additional shares in the for-profit entity if the latter’s share price grows more than 10-fold after 15 years. The fate of the nonprofit was a key consideration for state regulators reviewing OpenAI’s proposed restructuring, given the company was originally founded as a nonprofit research lab more than a decade ago. Among other considerations, the attorneys general of Delaware and California wanted to ensure OpenAI’s considerable resources were deployed for the public’s benefit. OpenAI previously announced the foundation would commit $25 billion in the coming years to health-care breakthroughs and addressing the ...