Texas Bank & Trust Co raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 121.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,980 shares of the semiconductor manufacturer's stock after purchasing an additional 2,185 shares during the period. Texas Bank & Trust Co's holdings in Micron Technology were worth $1,136,000...
Texas Bank & Trust Co raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 121.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,980 shares of the semiconductor manufacturer's stock after purchasing an additional 2,185 shares during the period. Texas Bank & Trust Co's holdings in Micron Technology were worth $1,136,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. High Note Wealth LLC boosted its position in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock worth $25,000 after purchasing an additional 34 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock valued at $27,000 after purchasing an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. lifted its stake in shares of Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 96 shares during the period. Joseph Group Capital Management purchased a new stake in Micron Technology during the fourth quarter worth $31,000. Finally, Luken Investment Analytics LLC purchased a new stake in Micron Technology during the fourth quarter worth $31,000. Hedge funds and other institutional investors own 80.84% of the company's stock. Get Micron Technology alerts: Sign Up Micron Technology Price Performance MU opened at $762.10 on Friday. The stock's 50-day moving average price is $505.38 and its 200 day moving average price is $385.66. Micron Technology, Inc. has a 12-month low of $90.93 and a 12-month high of $818.67. The firm h...
FREDERICA ABAN/iStock via Getty Images Portfolio management Greg Kuhl, CFA Daniel Greenberger Investment environment U.S. real estate investment trusts (REITs) proved their resilience in the first quarter of 2026, navigating a volatile backdrop to deliver positive returns and handily beat the broader market. Through February, U.S. REITs had gained an impressive 10%, before sentiment reversed in Ma...
FREDERICA ABAN/iStock via Getty Images Portfolio management Greg Kuhl, CFA Daniel Greenberger Investment environment U.S. real estate investment trusts (REITs) proved their resilience in the first quarter of 2026, navigating a volatile backdrop to deliver positive returns and handily beat the broader market. Through February, U.S. REITs had gained an impressive 10%, before sentiment reversed in March as the outbreak of war involving Iran caused investors to grow anxious that oil-driven inflation could prolong the high-interest-rate environment. Bond markets reacted to the inflationary pressures – the 10-year U.S. Treasury yield climbed toward around 4.4%, its highest in nine months. REITs were not immune to the late-quarter sell-off, but importantly delivered a positive return, holding up much better than other sectors by fulfilling a defensive role given long-term leases and stable income streams. REIT performance in the first quarter varied widely by property type. High-growth sectors like data centers and healthcare led gains, while office and residential REITs saw steep declines. In data centers, surging artificial intelligence (AI) and cloud computing demand drove exceptional leasing, strong bookings, and record-high backlogs. Robust occupancy and rent growth in senior housing continues, driven by demand from aging baby boomers. Apartment REITs faced high new supply in Sunbelt markets and slowing rent growth amid a tepid demand environment, while single-family rental landlords encountered policy headwinds, such as political scrutiny on institutional homeownership, which contributed to weaker sentiment. Office REITs also declined sharply on potential impacts to employment from AI. Portfolio review The portfolio's outperformance was driven by successful security selection, particularly in data center REITs that benefited from AI-driven demand. Equinix and Digital Realty Trust led performance with strong earnings results, expansion initiatives, and rising hypersca...
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: AerSale Corporation ASLE provides aftermarket commercial aircraft, engines, and parts. The Zacks Consensus Estimate for its current year earnings has been revised 35.4% downward over the last 60 days. Golden Ocean Group Limited GOGL is a shipping company. The Zacks Consensus Estimate for its current year earnings has been r...
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: AerSale Corporation ASLE provides aftermarket commercial aircraft, engines, and parts. The Zacks Consensus Estimate for its current year earnings has been revised 35.4% downward over the last 60 days. Golden Ocean Group Limited GOGL is a shipping company. The Zacks Consensus Estimate for its current year earnings has been revised 26.4% downward over the last 60 days. LCNB Corp. LCNB is the financial holding company for LCNB National Bank. The Zacks Consensus Estimate for its current year earnings has been revised 9.1% downward over the last 60 days. View the entire Zacks Rank #5 List. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LCNB Corporation (LCNB) : Free Stock Analysis Report Golden Ocean Group Limited (GOGL) : Free Stock Analysis Report AerSale Corporation (ASLE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Orange Investment Advisors Inc. decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 13.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,969 shares of the semiconductor manufacturer's stock after selling 2,837 shares during the period. Orange Investmen...
Orange Investment Advisors Inc. decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 13.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,969 shares of the semiconductor manufacturer's stock after selling 2,837 shares during the period. Orange Investment Advisors Inc.'s holdings in Advanced Micro Devices were worth $3,848,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after buying an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after acquiring an additional 234 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after acquiring an additional 2,970 shares in the last quarter. United Bank grew its holdings in shares of Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after acquiring an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its holdings in shares of Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock worth $1,310,0...
Keudell Morrison Wealth Management bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,834 shares of the semiconductor manufacturer's stock, valued at approximately $607,000. A number of other hedge funds have also...
Keudell Morrison Wealth Management bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,834 shares of the semiconductor manufacturer's stock, valued at approximately $607,000. A number of other hedge funds have also recently added to or reduced their stakes in the business. Impax Asset Management Group plc boosted its holdings in Advanced Micro Devices by 326.5% in the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer's stock valued at $8,424,000 after acquiring an additional 39,861 shares during the last quarter. Zweig DiMenna Associates LLC increased its stake in Advanced Micro Devices by 127.6% during the third quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer's stock worth $11,746,000 after acquiring an additional 40,708 shares during the last quarter. Wedbush Securities Inc. increased its stake in Advanced Micro Devices by 7.8% during the third quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer's stock worth $13,632,000 after acquiring an additional 6,095 shares during the last quarter. WealthPlan Investment Management LLC raised its holdings in shares of Advanced Micro Devices by 338.5% in the 4th quarter. WealthPlan Investment Management LLC now owns 6,157 shares of the semiconductor manufacturer's stock worth $1,319,000 after purchasing an additional 4,753 shares during the period. Finally, Highline Wealth Partners LLC lifted its stake in shares of Advanced Micro Devices by 4,891.6% in the 4th quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer's stock valued at $1,775,000 after purchasing an additional 8,120 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hed...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Tencent Holdings (SEHK:700), via TenPay Global, has expanded its cross border payment infrastructure in Central Asia through a new partnership with Eldik Bank. The company is also reported to be nearing participation in DeepSeek's planned US$10b artificial intelligence research funding round...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Tencent Holdings (SEHK:700), via TenPay Global, has expanded its cross border payment infrastructure in Central Asia through a new partnership with Eldik Bank. The company is also reported to be nearing participation in DeepSeek's planned US$10b artificial intelligence research funding round. Tencent operates at the intersection of consumer internet, fintech and AI in China, and these updates relate to two of those areas. The TenPay Global partnership with Eldik Bank adds another element to its cross border payments network in Central Asia, a region where the company has already signed earlier agreements. For investors, it provides more detail on how Tencent is extending its international payments reach beyond its domestic WeChat Pay base. The potential participation in DeepSeek's US$10b AI funding round would give Tencent exposure to a large scale research effort within China's AI ecosystem. If the transaction proceeds, it would highlight management's focus on AI as a long term capability that can connect to products across social, gaming, cloud and fintech. For holders of SEHK:700, both developments are relevant for understanding how Tencent is positioning itself in payments and AI outside its existing partnerships. Stay updated on the most important news stories for Tencent Holdings by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Tencent Holdings. SEHK:700 Earnings & Revenue Growth as at May 2026 5 things going right for Tencent Holdings that this headline doesn't cover. The TenPay Global agreement with Eldik Bank adds another link between Central Asian digital wallets and Weixin Pay, which matters if you are watching how Tencent tries to turn its China payments infrastructure into a broader cross border network. It builds on the earlier HUMO Pay tie up and shows Tencent working within China'...
Standard Chartered global CEO Bill Winters on Friday said he was “sorry” for comments describing “lower-value” workers, made while announcing job-cut plans earlier this week. Winters apologised in a LinkedIn post as he tried to cool debate among upset employees after he announced on Tuesday a 15 per cent cut of back-office staff at the lender by 2030. Winters said that AI adoption would replace so...
Standard Chartered global CEO Bill Winters on Friday said he was “sorry” for comments describing “lower-value” workers, made while announcing job-cut plans earlier this week. Winters apologised in a LinkedIn post as he tried to cool debate among upset employees after he announced on Tuesday a 15 per cent cut of back-office staff at the lender by 2030. Winters said that AI adoption would replace some “lower-value human capital”. The CEO first made a LinkedIn post explaining his comments from earlier this week, before then posting for a second time, apologising for his Tuesday remarks. Advertisement “I have received a lot of support for the messages in my previous post,” wrote Winters in his second LinkedIn post on Friday. “But still get questions about my choice of words, which I know has caused upset to some colleagues.” “For that I am sorry,” he said, attaching a transcript from the media briefing on Tuesday to the post. The transcript included the controversial remarks , as well as other comments he made about his commitment to helping staff reskill. Advertisement “I think the transcript makes it clear that I value our colleagues – all of them – most highly and that we are totally committed to helping them to cope with the accelerating pace of change in our industry,” he said.
(RTTNews) - Booz Allen Hamilton Holding (BAH) reported earnings for its fourth quarter that Increases, from last year The company's bottom line came in at $205 million, or $1.68 per share. This compares with $193 million, or $1.52 per share, last year. Excluding items, Booz Allen Hamilton Holding reported adjusted earnings of $215 million or $1.78 per share for the period. The company's revenue fo...
(RTTNews) - Booz Allen Hamilton Holding (BAH) reported earnings for its fourth quarter that Increases, from last year The company's bottom line came in at $205 million, or $1.68 per share. This compares with $193 million, or $1.52 per share, last year. Excluding items, Booz Allen Hamilton Holding reported adjusted earnings of $215 million or $1.78 per share for the period. The company's revenue for the period fell 6.4% to $2.783 billion from $2.974 billion last year. Booz Allen Hamilton Holding earnings at a glance (GAAP) : -Earnings: $205 Mln. vs. $193 Mln. last year. -EPS: $1.68 vs. $1.52 last year. -Revenue: $2.783 Bln vs. $2.974 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
M. Suhail/iStock Editorial via Getty Images BJ's Wholesale Club Holdings ( BJ ) traded higher in early action on Friday after the warehouse club chain posted a solid first-quarter earnings report. Total comparable club sales rose 6.3% during the quarter. Excluding the impact of gasoline sales, comparable club sales were up 1.5%. Top-line revenue of $5.53B beat the consensus estimate by $100M. Memb...
M. Suhail/iStock Editorial via Getty Images BJ's Wholesale Club Holdings ( BJ ) traded higher in early action on Friday after the warehouse club chain posted a solid first-quarter earnings report. Total comparable club sales rose 6.3% during the quarter. Excluding the impact of gasoline sales, comparable club sales were up 1.5%. Top-line revenue of $5.53B beat the consensus estimate by $100M. Membership fee income increased 9.9% year-over-year to $132.4M in Q1. The increase was primarily driven by strength in membership acquisition, retention, and higher-tier membership penetration across both new and existing clubs. The merchandise gross margin rate, which excludes gasoline sales and membership fee income, decreased by approximately 10 basis points compared to a year ago, primarily driven by the company’s continued investments in pricing partially offset by tariff refund benefits recognized in the quarter. Adjusted EBITDA increased by 4.3% to $298.1M. Non-GAAP EPS was reported at $1.10 vs. $1.04 consensus and $1.13 a year ago. "We delivered a strong first quarter as our value proposition continued to resonate with members across our clubs and at our gas stations. Momentum in membership, fuel, and digital sales reflects the disciplined execution of our teams and our focus on delivering value and convenience for the families who depend on us," stated CEO Bob Eddy. Looking ahead, BJ's ( BJ ) sees comparable club sales, excluding the impact of gasoline sales, increasing 2.0% to 3.0% year-over-year for the full year. Adjusted EPS is seen landing in a range from $4.40 to $4.60 (midpoint $4.50) vs. $4.51 consensus. Shares of BJ's ( BJ ) rose 2.6% in premarket trading to $96.88 vs. the 52-week range of $86.68 to $117.00. The warehouse club stock is up 4.9% on a year-to-date basis. More on BJ’s Wholesale Club BJ's Wholesale Club Holdings: Downgrade To Hold For The Near Term BJ's Wholesale Club Holdings, Inc. 2025 Q4 - Results - Earnings Call Presentation BJ's Wholesale Club...
Good morning . Gasoline will be a pain point this Memorial Day weekend. Miami emerges as a World Cup hot spot. And ever get a feeling of déjà vu when you enter a hotel room? Listen to the day’s top stories . — Angela Cullen Market Snapshot S&P 500 Futures 7,475.75 +0.1% Nasdaq 100 Futures 29,473.00 +0.1% Bloomberg Dollar Spot Index 1,203.59 +0.2% Market data as of 07:04 AM ET. Data is subject to p...
Good morning . Gasoline will be a pain point this Memorial Day weekend. Miami emerges as a World Cup hot spot. And ever get a feeling of déjà vu when you enter a hotel room? Listen to the day’s top stories . — Angela Cullen Market Snapshot S&P 500 Futures 7,475.75 +0.1% Nasdaq 100 Futures 29,473.00 +0.1% Bloomberg Dollar Spot Index 1,203.59 +0.2% Market data as of 07:04 AM ET. Data is subject to provider delays. As Americans head into Memorial Day weekend, the S&P 500 is poised for its longest streak of weekly wins since 2023, casting inflation and war worries aside . Signs that neither Iran nor the US is looking to widen their conflict and growing appetite for a broader group of AI beneficiaries have kept volatility low despite often conflicting reports around peace talks. Meanwhile, the AI boom is spurring new winners , but in some cases its promise is still largely aspirational . That’s not to say consumers aren’t cutting back as the summer driving season kicks off. Gasoline will be a pain point with prices at the pump above $4.50 a gallon for the first time in nearly four years. Economists have raised their inflation estimates and pushed out their timeline for the next Fed rate cut as the price shock triggered by the Iran war starts to spread. That backdrop and political pressure raises the ante for Kevin Warsh , who’ll be sworn in as Fed chair at the White House today. Will he, won’t he? President Donald Trump did an about-turn on a plan to suspend an Army deployment to Poland. NATO chief Mark Rutte welcomed the announcement , while saying the focus remains on boosting spending to defend European security. Two days ago the Pentagon said it was permanently cutting about 4,000 soldiers from Europe as part of a broader review that’s generated anxiety among US allies on the continent and elsewhere in the world. Meanwhile, Ukraine and its allies are increasingly confident that Russia’s invasion is running out of steam . The FIFA World Cup is stirring anxiety from Ne...
The cryptocurrency industry is bracing for Q-Day, when quantum computers will be able to break standard public-key encryption, posing major risks to Bitcoin ( BTC-USD ) and digital finance. Crypto wallets have two keys: a public key that works like an address to send or receive funds and a private key that is like a password for users to access and manage their funds. Advanced quantum computers co...
The cryptocurrency industry is bracing for Q-Day, when quantum computers will be able to break standard public-key encryption, posing major risks to Bitcoin ( BTC-USD ) and digital finance. Crypto wallets have two keys: a public key that works like an address to send or receive funds and a private key that is like a password for users to access and manage their funds. Advanced quantum computers could one day decrypt private keys, allowing hackers to access crypto wallets. Crypto research firm Glassnode estimated that around 30% of Bitcoin's ( BTC-USD ) supply may be exposed to the quantum risk. To address the quantum threat, Google ( GOOG ) ( GOOGL ) called for migrating to post-quantum cryptography and set an internal deadline for 2029. Ayo Akinyele, head of engineering at RippleX ( XRP-USD ), last month highlighted Google's ( GOOGL ) research, which found that "the cryptography most blockchains rely on today can be broken by sufficiently advanced quantum computers, including the algorithms that secure wallets, sign transactions, and protect digital assets." "This does not mean assets are at risk today. But the threat has moved from theoretical to credible, and preparation timelines now matter," he added. RippleX ( XRP-USD ) is preparing a roadmap for a full transition of the XRPL network to post-quantum cryptography, targeting to complete the shift no later than 2028. The Ethereum Foundation, responsible for one of the biggest blockchains, and stablecoin issuer Circle ( CRCL ) are working on their own post-quantum plans. The quantum risk also threatens traditional financial firms that have increasingly invested in blockchain-based payment systems, stablecoins and tokenized assets. "As digital finance markets attract a growing share of institutional clientele, cyber risk linked to blockchain-based platforms has evolved from a niche risk to one that is mainstream," Moody's Ratings wrote in a recent report. According to a Citi Institute analysis from January, a singl...
Investec has applied for Ireland banking license as it seeks to boost its presence in Europe, and tap one of the world’s largest financial systems. Group CEO Fani Titi spoke to Bloomberg's Jennifer Zabasajja from London. (Source: Bloomberg)
Investec has applied for Ireland banking license as it seeks to boost its presence in Europe, and tap one of the world’s largest financial systems. Group CEO Fani Titi spoke to Bloomberg's Jennifer Zabasajja from London. (Source: Bloomberg)
fcafotodigital/iStock via Getty Images Introduction Back when I last covered Flowers Foods, Inc. ( FLO ), I reiterated their Strong Buy rating, highlighting their deep undervaluation and significant long-term recovery potential despite near-term pressure and stating that the ongoing “Dividend Cut Fears And GLP-1 Panic Are An Opportunity.” With the dividend cut finally upon us, I’m now even more bu...
fcafotodigital/iStock via Getty Images Introduction Back when I last covered Flowers Foods, Inc. ( FLO ), I reiterated their Strong Buy rating, highlighting their deep undervaluation and significant long-term recovery potential despite near-term pressure and stating that the ongoing “Dividend Cut Fears And GLP-1 Panic Are An Opportunity.” With the dividend cut finally upon us, I’m now even more bullish on FLO since I see it as the right move that I even called for in my previous coverage, allowing the company to focus on its financials and help its turnaround while improving the business. Major Dividend Cut Finally Here Flowers Foods IR FLO reported an overall expected Q1 from all points of view, in my opinion, posting a beat on EPS despite a slight miss on revenue , with net sales boosted by ~2.3% thanks to the Simple Mills acquisition, while price/mix boosted sales by 2.1% but was offset by a 3.3% drop in volume, reporting about $87.23 million in FCF and announcing the long-awaited dividend cut that I’ll mention in more detail below. Flowers Foods IR For 2026, FLO maintained its guidance, expecting net sales between $5.163 billion and $5.267 billion and an adjusted EBITDA between $465 million and $495 million and diluted EPS of $0.80 to $0.90, while net interest expenses would reach between $65 million and $70 million, and announcing that CAPEX would further decrease to $115 million to $125 million (vs. ~$127.11 million in 2025). Flowers Foods IR Regarding the roughly 50% dividend cut (to a yield of ~7.13%), I’ll reiterate once again that I bought FLO not only with the possibility of seeing a cut in mind but actually hoping they make this decision, as it can be the precursor of a major turnaround in their financials, while debt repayments and eventual buybacks would offer the most value at this point compared to an unnecessarily high dividend yield (again, looking at it from today’s perspective, not from the price from a few years ago), and I’ll include this segme...
is a news editor with over a decade’s experience in journalism. He previously worked at Android Police and Tech Advisor. Posts from this author will be added to your daily email digest and your homepage feed. Details have emerged about a tentative deal struck between Samsung and semiconductor employees who had threatened to strike. The deal reportedly makes some workers eligible for average annual...
is a news editor with over a decade’s experience in journalism. He previously worked at Android Police and Tech Advisor. Posts from this author will be added to your daily email digest and your homepage feed. Details have emerged about a tentative deal struck between Samsung and semiconductor employees who had threatened to strike. The deal reportedly makes some workers eligible for average annual bonuses of $340,000. The proposed 18-day strike had hinged on Samsung’s bonus cap for employees in the semiconductor division, and followed a substantial rise in the possible bonuses available to employees of SK Hynix, another South Korean chipmaker enjoying a boom thanks to demand for AI components. Under the terms of the new deal, Reuters reports that all chip workers will receive 50 percent of their annual salary as a regular bonus in cash. Further to that, Samsung will set aside 10.5 percent of its annual operating profits to issue stock-based bonuses to semiconductor employees. Much of the negotiation hinged on how those stock bonuses would be distributed, according to The New York Times. The final deal sees 40 percent of the total pot spread across the entire semiconductor division, which includes lossmaking units working on logic chips and third-party components, with the remainder specifically for the memory chip unit, which is driving the current boom. The union had wanted a larger share of the bonuses to be spread equally among staff. According to Reuters, a memory chip worker on a base salary of around $50,000 could now be eligible for a total bonus of $416,000. It appears at least some employees have already found ways to spend those bonuses. Extraordinary as those figures are, the deal is apparently a good one for Samsung, as its bonus payouts are still slightly smaller than those offered at SK Hynix. The majority of the bonus will also be limited to stock, while SK Hynix bonuses can be issued in shares or cash, and Samsung has also made the bonus payments co...
Two Indian climbers have died on Mount Everest during a record-breaking period of ascents via Nepal’s southern route, as experts warn of overcrowding on the world’s highest peak. “They fell ill while descending at high altitude. We are working out how to retrieve the bodies,” Nivesh Karki, director at Pioneer Adventures, said. He named them as Sandeep Are, who he said summited on Wednesday, and Ar...
Two Indian climbers have died on Mount Everest during a record-breaking period of ascents via Nepal’s southern route, as experts warn of overcrowding on the world’s highest peak. “They fell ill while descending at high altitude. We are working out how to retrieve the bodies,” Nivesh Karki, director at Pioneer Adventures, said. He named them as Sandeep Are, who he said summited on Wednesday, and Arun Kumar Tiwari, who reached the peak on Thursday. Advertisement Nepal is home to eight of the world’s 10 highest peaks and welcomes hundreds of adventurers each spring. At least five climbers have died during this Everest season, including the two Indians and three Nepalis. A US and a Czech climber died on Mount Makalu earlier this month. Nepali mountaineer Kami Rita Sherpa (middle), dubbed the “Everest Man”, arrives at Kathmandu’s Tribhuvan International airport on Friday after earlier this month climbing Everest for a record 32nd time. Photo: AFP Nepali climber Kami Rita Sherpa, who scaled Everest for a record 32nd time earlier this month, returned to the capital Kathmandu on Friday, where he expressed concern about the experience of some climbers.
Colin Anderson Productions pty ltd/DigitalVision via Getty Images While generating a lot of yield and dividend growth is very important for living in retirement off dividends, it is even more important to find investments whose dividends you can sleep well on, with a high degree of confidence that they are going to keep coming in month after month and grow over the long term. This is especially po...
Colin Anderson Productions pty ltd/DigitalVision via Getty Images While generating a lot of yield and dividend growth is very important for living in retirement off dividends, it is even more important to find investments whose dividends you can sleep well on, with a high degree of confidence that they are going to keep coming in month after month and grow over the long term. This is especially powerful when they're monthly dividend stocks, because you get that check every month rather than having to wait an entire quarter to get your next cash injection. For retirees who often have monthly bills, that can make a big psychological difference and further help them to sleep well at night, knowing that their next passive paycheck is just weeks away. With that in view, in this article, I'm going to detail two of my favorite monthly dividend machines that have also been able to grow their payouts over time. An Infrastructure Powerhouse The first one I'm going to talk about is the Reaves Utility Income Fund ( UTG ), which is an actively managed closed-end fund that is focused on the infrastructure and utilities sectors ( XLU ). As of the end of Q1, it had a portfolio of 66 infrastructure and utility stocks. I think that this sector is especially prudent for retirees to invest in because not only are infrastructure stocks generally backed by highly contracted, highly regulated cash flows, but also the sector is benefiting from major investment due to the AI capex boom that's leading to huge demand for power generation, data centers, and other related infrastructure. Not to mention a major push for reindustrialization from the Trump administration and strategic economic self-reliance, all of which are driving growing demand for infrastructure. UTG is well diversified across individual holdings. It has some leading players in the energy space, including regulated utilities like CenterPoint Energy, Inc. ( CNP ), as well as AI- and power-linked power generation companies like ...