(Bloomberg) — The superyacht Night Howl, all 164 lustrous feet of it, pulled into Nantucket harbor. Most Read from Bloomberg The new owner of this floating palace, Rich Handler, wasn’t aboard. He’d taken a faster route, via air, for what amounted to a brief, not-so-hostile takeover of a place that’s a summer playground for the […]
(Bloomberg) — A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine and strict limits on the lender’s US growth. Most Read from Bloomberg The US Department of Justice is investigating the bank over its ties to a $653 million […]
(Bloomberg) — A short seller that bet against a struggling retail chain claims it’s now paying the price: an endless stream of monthly payments to Jefferies LLC, which lent it the shares for the trade more than a decade ago. Most Read from Bloomberg IsZo Capital can’t close out its short position in Gordmans, a […]
Investors are always looking for high returns, and right now the signs are lining up in favor of the high-yield dividend segment. Dividend payments ensure a regular income stream, regardless of market conditions, while high yields offer the potential for solid returns on investment. The dividend stocks are also favorites of defensive investors, tending to […]
Five centuries ago, the search for gold was a driving force behind the exploration and colonization of North America. That search overthrew empires, turned Mexico into one of the world’s leading silver producers, and eventually led to the famous California Gold Rush of 1849. And today, North American gold mining companies remain sound choices for […]
We all know how the technology sector led the way in last year’s market gains, with the mega-cap ‘Magnificent 7’ taking up the lion’s share of the headlines. But the giant technology stocks weren’t the only story in town, and software stocks, riding the AI wave, reaped their own share of the gains. According to […]
Calling Palantir Technologies (PLTR) “overhyped on AI,” Jefferies analyst Brent Thill on Friday downgraded PLTR stock to underperform.
The pace of inflation is slowing down, and investors are starting to price in higher odds of interest rate cuts next year – but the ripples of the high inflation/high rates regime still linger. Consumer costs are up, and credit is harder to come by; financing for large projects is both harder to get and […]