In trading on Monday, water utilities shares were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of American Water Works, off about 2% and shares of American States Water off about 1.8% on the day.
In trading on Monday, rental, leasing, & royalty shares were relative leaders, up on the day by about 6.4%. Leading the group were shares of North European Oil Royality Trust, up about 22.7% and shares of BP Prudhoe Bay Royalty Trust up about 15.1% on the day.
(RTTNews) - With high inflation and increased interest rates stalling the housing market, the National Association of Home Builders released a report on Monday showing a substantial deterioration in U.S homebuilder confidence in the month of July.
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Weyerhaeuser is now the #229 analyst pick, moving up by 1 spot.
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Microsoft is the #1 analyst pick. Microsoft is also a top tier analyst pick among the broader S&P 500 index components, claiming
In trading on Monday, shares of Synopsys Inc (Symbol: SNPS) crossed above their 200 day moving average of $316.67, changing hands as high as $317.30 per share. Synopsys Inc shares are currently trading up about 0.8% on the day. The chart below shows the one year performance o
Softbank Group-backed Ola Electric will invest $500 million to set up a battery innovation centre in the southern Indian city of Bengaluru, it said in a statement.
In trading on Monday, shares of Brigham Minerals Inc (Symbol: MNRL) crossed above their 200 day moving average of $24.12, changing hands as high as $24.60 per share. Brigham Minerals Inc shares are currently trading up about 1.3% on the day. The chart below shows the one year
If the price of goods is rising but demand for them is not being suppressed by aggressive rate hikes, it is good news for companies that process transactions, and charge a fee based on a percentage of the money the changes hands.
If you ask an American to name one thing they can't live without, many will say their car. While some consider their cars to be nothing other than simple transportation, many have a special bond with them. According to a 2019 industry survey conducted by Cars.com, most American a
Britain's competition regulator said on Monday that it was reconsidering its decision relating to Facebook owner Meta's deal to buy animated images platform Giphy.
The energy sector is broad and varied, though most investors rightly view it as highly cyclical. Still, the risk of big upturns followed by painful downturns doesn't actually extend to every corner of the energy industry. Most notably, midstream energy companies often have very r
Despite rising inflation, rising interest rates, war in Europe, and just an overall terrible feeling about the economy, households are still spending plenty of money on ... clothes! Quite a bit more, in fact. According to the U.S. Census Bureau, shopping on new threads is up 10%
Two impending challenges that will undoubtedly hit institutions, advisory firms and advisors like a freight train if they remain unprepared or so choose to ignore them.
es https://contrarianoutlook.com/?p=23629 When it comes to high-yield closed-end funds (CEFs), I'm a big fan of the "three Ds": discounts, diversification and--of course--dividends!
Passive income is becoming increasingly desirable in the present economy. The Federal Reserve's interest rate hikes aimed at curbing inflation, in addition to global economic impacts linked to the war in Ukraine, have sent stocks into a downward spiral. Since the onset of 2022, t
Canada's main stock index rose on Monday as commodity stocks tracked gains in oil and metal prices on weakness in the dollar, while receding bets of a super-sized Federal Reserve interest rate hike improved sentiment globally.
Wall Street's main indexes opened higher on Monday after Goldman Sachs beat profit expectations, extending last week's positive momentum amid easing bets of a super-sized interest-rate hike by the Federal Reserve.