On 3/12/20, American Electric Power Co Inc's 6.125% Equity Units (Symbol: AEP.PRB) will trade ex-dividend, for its quarterly dividend of $0.7656, payable on 3/16/20. As a percentage of AEP.PRB's recent share price of $54.13, this dividend works out to approximately 1.41%, so
On 3/12/20, Ares Management Corp's 7.00% Series A Preferred Units (Symbol: ARES.PRA) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 3/31/20. As a percentage of ARES.PRA's recent share price of $25.95, this dividend works out to approximately 1.69%,
On 3/12/20, Cincinnati Bell Inc's 6 3/4% Cumulative Convertible Preferred Stock (Symbol: CBB.PRB) will trade ex-dividend, for its quarterly dividend of $0.8438, payable on 4/1/20. As a percentage of CBB.PRB's recent share price of $49.55, this dividend works out to approximat
For money managers, it's bad enough watching the coronavirus wipe trillions of dollars off world markets' value. Even worse is not knowing how bad the outbreak really is for the economy, company balance sheets, and in turn for their portfolios.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Delta Air Lines Inc (Symbol: DAL), where a total of 61,269 contracts have traded so far, representing approximately 6.1 million underlying shares. That amounts to abou
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Royal Caribbean Cruises Ltd (Symbol: RCL), where a total volume of 72,988 contracts has been traded thus far today, a contract volume which is representative of
On Tuesday, The Bill and Melinda Gates Foundation launched a $125 million research fund to support drugmakers and academics in the hunt for effective coronavirus treatments. The Gates Foundation and the Burroughs Wellcome Fund contributed $50 million each, and Mastercard (NYSE:
While OPEC's de facto leader Saudi Arabia trades blows in a war for market share with Russia after their three-year pact to cut oil supplies collapsed last week, other OPEC states are already sounding the alarm over plunging oil prices.
In July 2019, Canopy Growth (NYSE: CGC) rocked the cannabis industry when it announced that Bruce Linton would no longer be leading the company as its co-CEO, leaving Mark Zekulin as the sole CEO at the time. The move came less than a year after Constellation Brands (NYSE: STZ)
Royal Bank of Canada Chief Executive Officer Dave McKay said on Tuesday "fairly material short-term impact" from global measures to contain the coronavirus outbreak is likely, although the economic effects remain difficult to predict.
No one can predict the future. Attempting to decipher whether yesterday's 2,013-point plunge in the Dow Jones Industrial Average was an aberration or the start of a new bear market is essentially a waste of time. What we do know for sure is that the U.S. stock markets will even
Markets calmed down on Tuesday after Monday's panic, but euro zone inflation expectations remained pinned near record lows, below 1%, a reminder of the deflation fears that are creeping back into bond markets.
When Royal Caribbean International (NYSE: RCL) reported its full-year 2019 results on Feb. 4, it guided for adjusted earnings per share of $10.40 to $10.70. However, it acknowledged that this guidance did not include any potential impact from COVID-19, as it couldn't reason