Exela Technologies (NASDAQ:), Inc., a business services provider, is facing delisting from the Nasdaq Stock Market after failing to meet the exchange’s minimum market value requirement. The company was notified on Wednesday that its common stock will be suspended from trading at the market open on Saturday, November 8, 2024. The Nasdaq Hearings Panel determined the action following Exela’s non-compliance with the Nasdaq Listing Rule 5550(b)(2), which requires a minimum Market Value of Listed Securities (MVLS) of $35 million. The company’s MVLS had been below this threshold for 30 consecutive business days. Exela was unable to meet any alternative compliance…
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These two dividend stocks and an ETF are packed with way more passive income potential than the S&P 500. The S&P 500 yields just 1.3%, as growth companies that don’t pay dividends or that sport low yields have grown to make up a larger portion of the index. Investors who use dividends to supplement income in retirement or rely on a passive income stream for financial planning may turn to other pockets of the market for a higher yield. The energy sector has a nice balance of yield and value, as many oil and gas companies reward their shareholders with…
The staggering number might surprise you. If you’re investing any amount of money in any stock today, you should be thinking about what it might look like in 20 years. Too far out to envision? While, it definitely sounds like a long time, a long-term investing strategy means you believe the business you have invested in has what it takes to grow over many years and even decades. If you’re not confident about a stock’s potential down the line, you might want to rethink the investment altogether. Let’s take a step back and consider how one stock has moved over…
By Patrick Wingrove (Reuters) -Moderna reported a surprise third-quarter profit on Thursday, driven by cost-cuts and higher-than-expected sales of its COVID-19 vaccine, even with low revenue from its new respiratory syncytial virus shot. Shares of the Cambridge, Massachusetts-based company surged nearly 10% in premarket trading. Moderna posted a profit of $13 million, or 3 cents a share, for the quarter, compared to a loss of $3.6 billion a year ago. Analysts had expected a loss of $753 million, or $1.90 a share, according to LSEG data. Its Spikevax COVID vaccine brought in sales of $1.8 billion, up 3.5% over the…
Image source: Getty Images It’s never been easier to build a high-quality dividend portfolio. Right now, there are loads of FTSE 100 shares offering passive income opportunities. Here, I’m going to lay out a five-stock portfolio that yields 8.1%. This means £20k invested equally across these picks in a Stocks and Shares ISA could bag me around £1,628 a year in tax-free passive income. Sounds good to me. Let’s dive straight in. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided…
Investing.com–U.S. stock index futures edged higher Thursday, continuing the positive tone generated by Donald Trump winning the 2024 presidential election, with the focus now shifting to the Federal Reserve. At 06:20 ET (11:20 GMT), rose 75 points, or 0.2%, gained 9 points, or 0.2%, and rose 40 points, or 0.2%. The main indices posted strong gains Wednesday, all closing at record highs, with the blue chip gaining over 1,500 points, logging its best day since 2022. Investors cheered the prospect of lower corporate taxes under Trump, while the possibility of a Republican sweep in Congress presented a clear path for…
Even if stocks don’t pay every month, that doesn’t mean you can’t generate recurring cash flow throughout the year. Dividend stocks make for great investments if you want to generate recurring cash flow. The big downside is that most dividend stocks pay you only every three months, which may not be optimal if you want to generate monthly income from them to help supplement your earnings. But there is a way you can get around that, without having to invest in stocks that specifically pay you on a monthly basis. Rather than limiting your options, you can simply invest in…
The tortoise and hare is a children’s story that can also be applied to your investing. (Photo by … [+] Culture Club/Bridgeman via Getty Images)Bridgeman via Getty Images Children’s stories often provide powerful lessons for adult life, and The Tortoise and the Hare is a timeless example. While the story may raise some amusing questions—like whether a rabbit would actually lose to a tortoise, or why anyone calls a rabbit a “hare”—the message behind it can be surprisingly relevant to investing. So, when thinking about investing, should one be the tortoise or the hare? The answer is both. Investing: A…
Image source: Getty Images The Wizz Air Holdings (LSE:WIZZ) share price climbed after the result of the US election on Wednesday (6 November). But the company’s H1 earnings have sent the stock back down. Nonetheless, the issues the business has been dealing with are familiar ones and there are clear reasons for optimism. So is the stock too cheap to ignore? Results In general, there are two things that airlines don’t like. The first is running flights with unused capacity and the other is having aircraft that aren’t being used at all. Over the six months between April and September,…
(Reuters) – U.S. stock futures edged higher ahead of an interest-rate decision by the Federal Reserve on Thursday, building on a sharp rally set off by Donald Trump’s stunning comeback as U.S. president for a second time. Traders have about fully priced in a 25-basis point rate cut, but will keep a close watch on the central bank’s policy statement for any clues on the future path of monetary easing. “Futures prices suggest it will be a much quieter day today on the US markets, albeit still with some gains,” said Russ Mould, investment director at AJ Bell. “Investors might…