Image source: Getty Images It’s a while since I’ve felt this bullish about the dividend forecast for the UK stock market. The latest Dividend Dashboard, from AJ Bell, shows an analyst consensus for a 1% rise in dividend cash this year. And there’s a further 7% rise pencilled in for 2025, to reach £83.9bn. That wouldn’t quite get us to 2018’s all-time record of £85.2bn. But we might miss by only a whisker. For the past few years, analysts have started out with big hopes and pared them back a bit as the months pass, though. But even with that,…
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PITTSBURGH, Oct. 15, 2024 /PRNewswire/ — Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes (NYSE:) Premier Municipal Income Fund (NYSE: FMN) as of Sept. 30, 2024, is now available in the Products section of FederatedHermes.com/us. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222. Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $782.7 billion…
Nvidia’s CEO, Jensen Huang, discussed his thoughts about the future of the artificial intelligence market. Source link
(Bloomberg) — Stocks fell after a rally that drove the market to all-time highs as chipmakers fell and a plunge in oil dragged down energy producers.Most Read from BloombergThe S&P 500 halted a two-day advance. US-traded shares of ASML Holding NV tumbled 14% after third-quarter bookings missed estimates and the company cut its 2025 guidance. Nvidia Corp. lost 4% on a news report that Biden administration officials have discussed capping sales of advanced AI chips from the company and other American firms on a country-specific basis.Investors are getting so bullish that it might be time to sell global stocks, according…
Check out the companies making headlines before the bell: Bank of America — Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts’ estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate. Johnson & Johnson — The health-care conglomerate saw shares rising slightly during premarket trading after quarterly results exceeded expectations on the back of strong sales of oncology drugs. Johnson & Johnson also raised forward financial guidance for full-year 2024 profit and sales. Goldman Sachs — Shares of…
Image source: Getty Images When it comes to great dividend shares, there are two key factors that I consider. The obvious one is the income generation, usually observed by the dividend yield. The second factor is the share price performance over a period of time. Here are two stocks I’ve noted that are both above average when compared to the main index. Insuring profitability Firstly, let’s establish the benchmark. The average dividend yield for the FTSE 100 is 3.55%. The index is up 8.61% over the past year. So, ideally, I need to select shares that are ahead of both…
Oppenheimer has maintained its Outperform rating and $55.00 price target on Revolution (NASDAQ: RVMD). The firm anticipates key updates from the company during the triple meeting scheduled for October 23-25, including an investor event on October 25. The focus is on the growing optimism for the pharmaceutical company as it prepares to present updates on its drug candidates. Revolution is expected to provide multiple updates at the upcoming conference, particularly highlighting data from studies on ‘6236 and ‘9805 monotherapy treatments. These studies are particularly significant as they are featured in two late-breaking presentations. The data will primarily focus on pancreatic…
MADRID (Reuters) – Blackstone, the world’s largest alternative asset manager, plans to invest 7.5 billion euros ($8.2 billion) to develop data centres in Spain’s Aragon, boosting the region’s growing status as a major cloud computing hub in Europe.The U.S. private equity fund will follow tech giants such as Microsoft and Amazon in choosing the regional capital Zaragoza in northeastern Spain, where so far 19 data centres projects have been submitted to local authorities for approval, a spokesperson for the Aragon’s regional government said on Tuesday.Blackstone will develop the buildings by installing cooling machines and cable connections with the aim of…
The energy sector in 2024 finds itself at the intersection of intensifying geopolitical conflicts and evolving market dynamics. In the Middle East, tensions remain high, with key oil producers like Iran, Saudi Arabia, and Israel facing intermittent conflicts that could disrupt energy supplies. Meanwhile, the Russia-Ukraine conflict continues to impact the global energy supply chain, keeping European and global natural gas prices volatile. In addition to this, OPEC’s ongoing management of output remains a critical factor in stabilizing or destabilizing oil prices. Amid this turbulence, energy investors are seeking safe havens, and Exxon Mobil Corporation (XOM) stands out. Its global…
Google (GOOG, GOOGL) is giving its Google Shopping page an artificial intelligence upgrade. The shopping site will now include AI-powered summaries powered by the company’s Gemini AI model that offer tips on how to shop for the best option for the product you’re searching for. It will also get new personalized results and personalized deals pages.Google says the AI summaries will appear in a new module near the top of the screen just below the sponsored products list and provide information about what kind of features to look for when shopping for products and why.If you’re shopping for a kettle…