It was a busy Memorial Day weekend for Google (GOOG, GOOGL) as the company raced to contain the fallout from a number of wild suggestions by the new AI Overview feature in its Search platform. In case you were sunning yourself on a beach or downing hotdogs and beer instead of scrolling through Instagram (META) […]
Tag: trust
KY state police trooper indicted for theft, abuse of public trust charges in state court
A Kentucky State Police trooper has been indicted for theft charges and abuse of public trust after he allegedly took control over “movable property” belonging to the state. Trooper Daniel Forbis, 42, was indicted in Franklin County Circuit Court for theft and unlawful taking of property more than $10,000 and abuse of public trust on […]
Is Another Dividend Cut Coming for Medical Properties Trust?
When a dividend stock’s yield is exceptionally high, there’s usually some concerning cause behind the elevation. If a dividend was considered safe, investors would be buying up the high-yielding stock, pushing the share price up and the yield down. When that isn’t happening, it can often be a sign that investors are not optimistic about […]
New Rochelle schools’ home visits aim to build trust, relationships with families
It’s a familiar scene: teachers meeting with parents to talk about school programs and summer plans, answering questions about signing up for little league or when to enroll a child in school for the first time. But what’s different about a growing number of these conversations in the New Rochelle school district is that they […]
With a 12% Dividend Yield, Is Medical Properties Trust Finally a Buy?
Medical Properties Trust (NYSE: MPW) has received a lot of attention from investors due to its sky-high dividend yield. However, there’s a good reason it’s such a high-paying stock, and it’s important to fully understand what you’re getting into. In this video, two of our experts dive into the current state of the business and […]
Otto Bremer Trust awards grant to Evergreen Youth and Family Services
May 20—BEMIDJI — Evergreen Youth and Family Services has received a grant from the Otto Bremer Trust to support vulnerable youth and families. The grant will enable Evergreen to continue providing essential services to those in need, fostering a sense of connection and hope during their times of crisis. The funding will go toward core […]
Chemung Canal Trust Company backed up New York City banks, grew into Elmira institution
How high is it? “It’s a long way up, no matter the measure. From the bottom of the foundation to the top of the penthouse vent, it is 122.8 feet. From the ground floor to the top of the penthouse vent (all that will be seen above the ground) is 104.2” (Star Gazette June 4, […]
Why the Steward Health Bankruptcy Filing May Be a Good Thing for Medical Properties Trust in the Long Run
It was news that many Medical Properties Trust (NYSE: MPW) investors may have been expecting: Steward Health is filing for bankruptcy protection. That development broke last week, but for years now, Steward Health has been one of the most concerning tenants in the real estate investment trust’s portfolio. Things are finally coming to a head […]
I worked with Michael Cohen and covered Donald Trump. Guess which man I trust
To listen to the pundits inside and outside of the courtroom, the Manhattan felony case against former President Trump rests on the testimony and cross-examination of former Trump fixer Michael Cohen. I disagree. Cohen, once Trump’s personal attorney, closest employee and greatest ally, left Trump’s inner circle after being convicted of lying on Trump’s behalf […]
Uncovered trust indenture shows city, county, both have stake in Expo Center
May 15—A decades old document uncovered after lawsuits between two local governments were filed earlier this year is expected to lead to the dismissal of the lawsuits. The initial lawsuit was filed in January 2024 in Pittsburg County District Court. McAlester City Attorney John T. Hammons filed the action asking the court to rule in […]
Medical Properties Trust Just Hit a Major Snag, but Is the Stock Still a Buy?
Medical Properties Trust (NYSE: MPW) is in a bit of a pickle. On May 6, its largest tenant, Steward Health Care, filed for bankruptcy. Then, on May 9, MPT reported its earnings for the first quarter. The company’s stock is nearly 48% off its recent highs within the last 12 months. But could the worst […]
Is Medical Properties Trust a Safe Dividend Stock in 2024?
With a succulent forward dividend yield of more than 15%, it’s no surprise that investors are curious about whether to buy shares of Medical Properties Trust, (NYSE: MPW) a business that invests in hospital real estate to rent it out. But as smart investors know, appearances can be deceiving, and often a high yield equates […]