Two Aristocrats That Stumbled Off the Pedestal For decades, AT&T (NYSE: T) and 3M (NYSE: MMM) were the kind of stocks retirees built portfolios around. Both raised dividends every year for decades. Both lost their crowns through messy corporate breakups. AT&T’s media detour ended badly. After buying DirecTV and Time Warner, the company spun WarnerMedia ... A $1,000 Investment in These Former Divid...
Two Aristocrats That Stumbled Off the Pedestal For decades, AT&T (NYSE: T) and 3M (NYSE: MMM) were the kind of stocks retirees built portfolios around. Both raised dividends every year for decades. Both lost their crowns through messy corporate breakups. AT&T’s media detour ended badly. After buying DirecTV and Time Warner, the company spun WarnerMedia ... A $1,000 Investment in These Former Dividend Aristocrats 10 Years Ago Is Worth How Much Today?
XTL Biopharmaceuticals ( XTLB ) agreed to acquire 100% of Psyga Bio in a share-based transaction. Psyga shareholders will receive shares representing 40% of XTL post-closing, with no cash consideration. Additional 10% equity may be issued upon achieving key clinical and commercialization milestones. Psyga brings a GMP-ready facility and a library of 180+ proprietary mushroom strains. The company h...
XTL Biopharmaceuticals ( XTLB ) agreed to acquire 100% of Psyga Bio in a share-based transaction. Psyga shareholders will receive shares representing 40% of XTL post-closing, with no cash consideration. Additional 10% equity may be issued upon achieving key clinical and commercialization milestones. Psyga brings a GMP-ready facility and a library of 180+ proprietary mushroom strains. The company has seven Phase 2a clinical trials planned across mental health and CNS indications. XTL also secured a $1.5M private placement to support the transaction. Psyga will operate as a wholly owned subsidiary following deal completion. XTLB shares up 58.7% premarket. More on XTL Biopharmaceuticals XTL announces receipt of staff delisting letter from Nasdaq Financial information for XTL Biopharmaceuticals
(RTTNews) - Walmart Inc. (WMT), the American retail giant, Wednesday celebrated the opening of its third owned and operated milk processing facility in Texas, which is expected to create more than 400 new jobs.
(RTTNews) - Walmart Inc. (WMT), the American retail giant, Wednesday celebrated the opening of its third owned and operated milk processing facility in Texas, which is expected to create more than 400 new jobs.
JHVEPhoto AMD ( AMD ) was in focus on Wednesday as Susquehanna raised its price target on the semiconductor company to $375 from $300, ahead of its first-quarter results, set to be released on May 5. Shares rose 1.6% in premarket trading. “In short, we expect better results/guidance driven primarily by DC (Server and MI350),” analyst Christopher Rolland wrote in a note to clients. “For DC GPU, MI3...
JHVEPhoto AMD ( AMD ) was in focus on Wednesday as Susquehanna raised its price target on the semiconductor company to $375 from $300, ahead of its first-quarter results, set to be released on May 5. Shares rose 1.6% in premarket trading. “In short, we expect better results/guidance driven primarily by DC (Server and MI350),” analyst Christopher Rolland wrote in a note to clients. “For DC GPU, MI350 is expected to continue growing in 1H26, though we expect a sharper ramp in DC GPU revenue in late ‘26 with the launch of MI450/Helios. As a reminder, [OpenAI] and now META have each announced a 6GW hardware agreement with AMD, with the first GW expected to come in 2H26 for both (we estimate each GW to be associated with ~$15B of revenue). We have embedded an uplift in revenue beginning in 4Q26 as revenues here will likely spill into 2027.” As a result, Rolland, who has a Positive rating on the stock, said he estimates AMD will generate $17B in GPU revenue in 2026. Looking to the data center and CPUs, Rolland said recent checks “support a strong 1Q and beyond” as demand from agentic artificial intelligence continues to be exceptional, and recent price hikes could turn out to be a tailwind. A consensus of analysts expects AMD to earn $1.29 per share on $9.89B in revenue. More on AMD AMD Is Becoming The AI Market's Most Obvious Second Winner AMD: Strong AI Tailwinds, But Valuation Is Getting Ahead Of Reality AMD: Inference And Agentic AI Are Expanding Its Runway AMD slides as CEO meets with Commerce Secretary to discuss AI, more AMD slips as Northland Capital downgrades after massive run
JHVEPhoto AMD ( AMD ) was in focus on Wednesday as Susquehanna raised its price target on the semiconductor company to $375 from $300, ahead of its first-quarter results, set to be released on May 5. Shares rose 1.6% in premarket trading. “In short, we expect better results/guidance driven primarily by DC (Server and MI350),” analyst Christopher Rolland wrote in a note to clients. “For DC GPU, MI3...
JHVEPhoto AMD ( AMD ) was in focus on Wednesday as Susquehanna raised its price target on the semiconductor company to $375 from $300, ahead of its first-quarter results, set to be released on May 5. Shares rose 1.6% in premarket trading. “In short, we expect better results/guidance driven primarily by DC (Server and MI350),” analyst Christopher Rolland wrote in a note to clients. “For DC GPU, MI350 is expected to continue growing in 1H26, though we expect a sharper ramp in DC GPU revenue in late ‘26 with the launch of MI450/Helios. As a reminder, [OpenAI] and now META have each announced a 6GW hardware agreement with AMD, with the first GW expected to come in 2H26 for both (we estimate each GW to be associated with ~$15B of revenue). We have embedded an uplift in revenue beginning in 4Q26 as revenues here will likely spill into 2027.” As a result, Rolland, who has a Positive rating on the stock, said he estimates AMD will generate $17B in GPU revenue in 2026. Looking to the data center and CPUs, Rolland said recent checks “support a strong 1Q and beyond” as demand from agentic artificial intelligence continues to be exceptional, and recent price hikes could turn out to be a tailwind. A consensus of analysts expects AMD to earn $1.29 per share on $9.89B in revenue. More on AMD AMD Is Becoming The AI Market's Most Obvious Second Winner AMD: Strong AI Tailwinds, But Valuation Is Getting Ahead Of Reality AMD: Inference And Agentic AI Are Expanding Its Runway AMD slides as CEO meets with Commerce Secretary to discuss AI, more AMD slips as Northland Capital downgrades after massive run
MarkRubens/iStock via Getty Images By Paolo Pizzoli , Senior Economist, Italy, Greece The impact of the Middle East war and the stalemate in negotiations keeping the Strait of Hormuz almost closed to navigation is apparently spreading through the Italian economy, affecting both consumers and businesses. Consumer confidence falls further In March, consumers were the first to feel the hit of the con...
MarkRubens/iStock via Getty Images By Paolo Pizzoli , Senior Economist, Italy, Greece The impact of the Middle East war and the stalemate in negotiations keeping the Strait of Hormuz almost closed to navigation is apparently spreading through the Italian economy, affecting both consumers and businesses. Consumer confidence falls further In March, consumers were the first to feel the hit of the consequences of war in the Middle East. April data shows that the picture has not improved, despite news of the ceasefire. Consumer confidence dropped further to 90.8, the lowest level since January 2023, dragged down by deteriorating expectations for the economic situation. Consumers are increasingly worried about future unemployment and expect higher inflation down the road. This combination is well reflected in decelerating intentions to purchase both durable goods and houses and in growing intentions to save. The stabilisation in retailers' confidence, meanwhile, suggests possible resilience in non-durable consumption. Manufacturers also feeling the brunt In manufacturing, the contained deterioration in the orders component and a low level of inventories resulted in a very slight softening in current and expected production. Both the order and production indicators worsened further for instrumental goods – a warning shot for short-term machinery investment development. Interestingly, businesses signalled increasing intentions to revise their prices upwards in the future. For the time being, the war in the Middle East and its energy disruptions seem to point to a pause in the tentative recovery rather than a new plunge into a manufacturing recession. Construction also hit, but infrastructural exception persists The deterioration is more marked in the construction sector, where confidence fell by almost three points (though remained above the January 2026 low), dragged down by deteriorating current and expected orders/construction plans. The survey details show that the bulk...
Intel (NASDAQ: INTC) recently reported blowout 2026 first-quarter earnings. Not only did the results exceed Wall Street consensus estimates, but management also provided guidance for the current quarter well beyond analysts' expectations. Investors rewarded the strong performance, sending the stock surging on the day after the report. Perhaps even better, one of the company's business divisions th...
Intel (NASDAQ: INTC) recently reported blowout 2026 first-quarter earnings. Not only did the results exceed Wall Street consensus estimates, but management also provided guidance for the current quarter well beyond analysts' expectations. Investors rewarded the strong performance, sending the stock surging on the day after the report. Perhaps even better, one of the company's business divisions that investors are excited about had a breakout quarter and appears to be playing an increasingly important role in the artificial intelligence (AI) ecosystem . CEO Lip-Bu Tan just delivered phenomenal news to Intel shareholders. Image source: Intel. Continue reading
ACNB ( ACNB ) declares $0.42/share quarterly dividend , 10.5% increase from prior dividend of $0.38. Forward yield 3.22% The Board has declared a one-time special cash dividend of $0.50 per share of ACNB Corporation common stock. Both payable June 15; for shareholders of record June 1; ex-div June 1. See ACNB Dividend Scorecard, Yield Chart, & Dividend Growth. More on ACNB ACNB: Non-Recurring Item...
ACNB ( ACNB ) declares $0.42/share quarterly dividend , 10.5% increase from prior dividend of $0.38. Forward yield 3.22% The Board has declared a one-time special cash dividend of $0.50 per share of ACNB Corporation common stock. Both payable June 15; for shareholders of record June 1; ex-div June 1. See ACNB Dividend Scorecard, Yield Chart, & Dividend Growth. More on ACNB ACNB: Non-Recurring Items Weigh On The Results ACNB GAAP EPS of $1.32 beats by $0.01, revenue of $40.8M misses by $0.27M Seeking Alpha’s Quant Rating on ACNB Historical earnings data for ACNB Dividend scorecard for ACNB
Bryan Bedder/Getty Images Entertainment Pershing Square announced the pricing of its combined IPO of Pershing Square USA ( PSUS ) and Pershing Square Inc. for gross proceeds of $5B, as widely expected . The proceeds figure is before deducting sales loads, placement fees, and offering expenses. Shares of Pershing Square USA ( PSUS ) were priced at $50 per share , as announced earlier. To each inves...
Bryan Bedder/Getty Images Entertainment Pershing Square announced the pricing of its combined IPO of Pershing Square USA ( PSUS ) and Pershing Square Inc. for gross proceeds of $5B, as widely expected . The proceeds figure is before deducting sales loads, placement fees, and offering expenses. Shares of Pershing Square USA ( PSUS ) were priced at $50 per share , as announced earlier. To each investor participating in the IPO, the company will issue one share of its manager, Pershing Square Inc. (PS), for every five common shares of PSUS acquired at no extra charge. The shares are expected to begin trading on the NYSE on April 29 under the ticker symbol PSUS for Pershing Square USA and PS for Pershing Square Inc. The combined IPO is expected to close on April 30. Pershing Square USA is a closed-end investment company managed by Pershing Square Capital Management, and Pershing Square Inc. is the parent company of Pershing Square Capital Management. As part of the combined offerings, the investment firm had received commitments from a group of qualified investors to acquire 56.3M common shares of PSUS for proceeds of $2.8B in a private placement. As a result, PS Inc. was set to deliver to the private placement investors, for no additional consideration, an aggregate of 16.3M shares of PS Inc. common stock. The private placement is set to close. More on Pershing Square USA, Ltd. Pershing Square USA Fails To Live Up To The Hype Pershing Square: 2 IPOs In One (I Would Avoid Both) Pershing Square Holdings H2 2025 Letter To Shareholders Bill Ackman's Pershing Square now expected to raise ~$5B in IPO - report Pershing Square USA starts marketing IPO in combined offering
US orders for business equipment saw a sharp rise in March as the value of core capital goods orders jumped 3.3% after an upwardly revised 1.6% advance in February, the most since mid-2020. Michael McKee has a look at today’s economic data on Bloomberg Television. (Source: Bloomberg)
US orders for business equipment saw a sharp rise in March as the value of core capital goods orders jumped 3.3% after an upwardly revised 1.6% advance in February, the most since mid-2020. Michael McKee has a look at today’s economic data on Bloomberg Television. (Source: Bloomberg)
After working hard your entire life to save for retirement, the last thing you want to do is worry about your money running out. And with the right strategy, you may not have to. For years, experts have been quick to stand behind the 4% rule . It has you withdrawing 4% of your nest egg your first year of retirement and adjusting future withdrawals for inflation. If you follow the 4% rule, there's ...
After working hard your entire life to save for retirement, the last thing you want to do is worry about your money running out. And with the right strategy, you may not have to. For years, experts have been quick to stand behind the 4% rule . It has you withdrawing 4% of your nest egg your first year of retirement and adjusting future withdrawals for inflation. If you follow the 4% rule, there's a good chance your retirement savings will last for 30 years. Image source: Getty Images. Continue reading