By Rich McKay (Reuters) – At least seven people were killed after part of a boat dock collapsed, sending at least 20 into the Atlantic waters off the coast of the U.S. state of Georgia. U.S. Coast Guard ships were searching Saturday night for missing people. The accident, which also caused multiple injuries, happened during a celebration of Sapelo Island’s tiny Gullah-Geechee community of Black slave descendants, authorities said. A gangway that was crowded with people waiting for a ferryboat collapsed late Saturday afternoon on the Georgia barrier island about 60 miles (97 km) south of Savannah, said Tyler Jones,…
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The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Sanford Limited (NZSE:SAN), since the last five years saw the share price fall 47%.It’s worthwhile assessing if the company’s economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let’s do just that. View our latest analysis for Sanford To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but…
The Schwab U.S. Dividend Equity ETF (SCHD) is one of the most popular dividend ETFs in the market today with a massive $63.7 billion in assets under management (AUM).The fund recently made some waves by executing a 3-for-1 split which went into effect on October 10th. We’ll discuss the rationale and details regarding the share split in this article. But more importantly, we’ll evaluate the merits of holding SCHD in an investment portfolio.I’m bullish on this well-known dividend ETF based on the strength of its attractive yield, its diversified portfolio of highly-rated dividend stocks, and an ultra-low expense ratio.What Is the…
Financial education for children in Japan has taken on greater urgency since the country lowered the age of adulthood from 20 to 18 in 2022. One reason major securities firms are expanding financial education programs for Japanese elementary school children is to teach the importance of responsible money management. The programs are designed to be enjoyable for younger children by incorporating games and other activities. At the same time, efforts are underway to equip teachers with the necessary training to conduct lessons independently, without the need for financial experts. “I know that one,” shouted many of the some 30 children…
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s Prabowo Subianto on Sunday will take over as president of the world’s third-largest democracy after sweeping the country’s election with policies like free meals for school children and with the outgoing leader’s son as his running mate. The 73-year-old former special forces commander won the Feb. 14 contest with nearly 60% of the vote and has spent the past nine months building a formidable parliamentary coalition. Prabowo will officially become Indonesia’s eighth president on Sunday morning after he is sworn in during a ceremony at Indonesia’s parliament, flanked by outgoing…
LONDON (Reuters) – Foreign minister David Lammy will look to deepen Britain’s security cooperation with Indonesia and South Korea during his visit to the two Asian countries in which he is also expected to discuss the clean energy transition. His visit to South Korea comes days after Ukraine’s President Volodymyr Zelenskiy accused North Korea of preparing to send 10,000 soldiers to help Moscow’s war effort, raising U.S. concerns. NATO chief Mark Rutte has said there was no evidence of Pyongyang’s presence at this stage. Tensions have also been running high on the Korean peninsula following a series of missile tests…
If You Invested $1,000 In Saul Centers Stock 20 Years Ago, How Much Would You Have NowBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Saul Centers, Inc. (NYSE:BFS) is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 61 properties including 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.8 million square feet of leasable area and four land and development properties.The company is set to report its Q3 2024 earnings on October 31. Wall Street analysts expect…
As almost every investor knows by now, artificial intelligence (AI) has been driving the current bull market since its start in 2023.The launch of OpenAI’s ChatGPT has set off a new arms race in the industry, and generative AI technology could be as transformative as the internet. While stocks with exposure to artificial intelligence, like the semiconductor sector, have generally done well, some stocks have done better than others.Nvidia, for example, just set another all-time high on soaring demand for its new Blackwell platform, but not every AI stock has kept up with the Nasdaq Composite, which nearly set an…
People hold sings during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024.Jason Redmond | AFP | Getty ImagesBoeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ aircraft production.The ratification vote is set for Wednesday.The new proposal includes 35% wage increases over four years, a higher signing bonus of $7,000, guaranteed minimum payouts in an annual bonus program and higher 401(k) contributions among…
This media stock could be a great value for patient investors. Warren Buffett hasn’t seen a lot to like in the stock market lately. The Oracle of Omaha has sold more stocks than he bought in each of the last seven quarters reported by Berkshire Hathaway (BRK.A 0.12%) (BRK.B -0.23%). That includes a massive sale of around $75 billion worth of Apple stock in the second quarter and over $10 billion in Bank of America shares over the last three months. That pattern makes it likely the third quarter was the eighth straight quarter of net sales for Buffett and…