MILWAUKEE – WEC Energy Group (NYSE: NYSE:), a significant player in the U.S. energy sector, has declared a quarterly cash dividend. The announced dividend is set at 83.50 cents per share on the company’s common stock, payable on December 1, 2024, to shareholders who are on record as of November 14, 2024. This latest dividend represents the 329th consecutive quarter, a streak going back to 1942, that WEC Energy Group has provided a dividend to its shareholders. The company’s long history of consistent dividend payments underscores its commitment to shareholder returns. WEC Energy Group operates across several states, including Wisconsin,…
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A gold investment now can protect your portfolio against economic uncertainty in November and the months after. Getty Images Gold investing has long been a smart way to protect your money. And, in recent years, it’s become an essential one. With inflation high and interest rates elevated, many turned to gold to protect their portfolio as other assets appeared uneven. Investing in the precious metal subsequently hit an 11-year high in 2023. However, the interest has remained strong throughout 2024, as evidenced by numerous price records shattered. Gold was priced at $2,063.73 per ounce on January 1 but has since soared…
Medicare Trust Fund Under Fire: Critics Accuse VP Harris Of ‘Highway Robbery’ For Allegedly ‘Violating’ Vital Healthcare ResourcesVice President Kamala Harris is facing criticism over a new Medicare policy that’s stirring up controversy. Critics accuse her of backtracking on promises to safeguard the Medicare trust fund, sparking a fiery debate about whether the administration’s recent moves are helping or hurting the nation’s seniors.Harris recently reassured the public that Medicare is a priority, telling AARP, “I will always fight to protect and strengthen Medicare for this and future generations.” She emphasized that big corporations and wealthy individuals must step up and…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Chips bounce back: The S & P 500 is on pace to make yet another new record high Thursday. Semiconductor stocks are rebounding in reaction to a beat-and-raise earnings report from Taiwan Semiconductor . As the largest chipmaker in the world and a key manufacturer of Nvidia and Apple chips, the company offers an important readthrough into the industry. Taiwan Semi confirmed that demand from one of its key customers (Nvidia)…
In a challenging year for Inspire Veterinary Partners, the company’s stock has plummeted to a 52-week low, trading at just $0.23. This significant downturn reflects a staggering 1-year change, with the stock value eroding by -99.76%. Investors have watched with concern as the stock struggled to find its footing amidst market pressures and internal challenges, leading to this new low point. The steep decline has raised questions about the company’s future direction and the potential for recovery in the coming months. In other recent news, Inspire Veterinary Partners has made several notable decisions. The company has amended the terms of…
Why do men allocate twice as much of their assets to alternative investments as women do? That’s one of the questions I asked 52 successful investors around the world for my “Women & Alts: A Global Perspective” white paper, which was released today. Some of the answers may surprise you. In this blog post, I identify women’s favorite alternative investments, the marketing strategies that do not resonate with women, and those that do. I share insights from some of the 26 women and 26 men I interviewed in the global finance industry across 31 cities and 25 countries this…
By Bill Trott (Reuters) – Mitzi Gaynor, whose singing and dancing brightened Hollywood musicals throughout the 1950s, including trying unsuccessfully to “wash that man right outa my hair” as nurse Nellie Forbush in “South Pacific,” has died at the age of 93. Gaynor died peacefully of natural causes, her management team said on Thursday. “For eight decades she entertained audiences in films, on television and on the stage… Off stage she was a vibrant and extraordinary woman, a caring and loyal friend, and a warm, gracious, very funny and altogether glorious human being,” they wrote on X. Gaynor had prominent…
Publicly traded stocks are soaring, and bond yields are bountiful. So why should advisors own alternatives? Source link
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire hedge fund manager Daniel Loeb told investors on Thursday that his firm Third Point built a new stake in DSV A/S during the third quarter and he sees “significant upside” for the Danish freight forwarder and logistics company. DSV will benefit from its planned acquisition of Schenker, the logistics arm of German state rail operator Deutsche Bahn, and a planned joint venture between DSV and Saudi Arabia, Loeb wrote in a letter to investors seen by Reuters. The joint venture, which will provide end-to-end supply chain management and develop transport and logistic…
Investors who want to invest in semiconductor stocks but are concerned about the elevated valuations of some of the leading names should look no further than memory chip giant Micron (MU). Despite reporting blowout earnings and laying out strong guidance for the year ahead, shares of Micron are 30% lower than their 52-week high. While this has been painful for Micron shareholders, it creates a compelling entry point for new investors. I’m bullish on Micron based on its deceptively cheap valuation, strong forward guidance, and its overwhelmingly favorable analyst outlook. The average analyst price target for Micron implies a potential…