AIA to Increase Shareholder Returns on Record New Business Value
The 31% increase in the value of the insurer’s new business prompted it to increase its payout to shareholders and announce additional share buybacks.
The billionaire investor has made sage investment decisions to safeguard his portfolio from economic uncertainties.
More cash will solve some problems, but maybe not the ones that need to be solved.
(Bloomberg) -- Brazil’s President Luiz Inacio Lula da Silva has fired Jean Paul Prates, the chief executive of state-owned oil company Petroleo Brasileiro SA, following a dispute over dividend payments.Most Read from BloombergFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsTrump Vows ‘Day One’ Executive Order Targeting Offshore WindOpenAI Chief Scientist Ilya Sutskeve
Legendary investor Warren Buffett has long advocated for the average investor to regularly put money in an S&P 500 index fund rather than buying actively managed funds. However, that's not to say he doesn't think massive outperformance isn't possible. As far back as 1999, Mr. Buffett famously said he could achieve 50% annual returns if he had only $1 million to manage, stating, "The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But
Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.
The S&P 500 could soar nearly 3% to record highs or experience a deep plunge depending on where tomorrow's CPI inflation report falls, JPMorgan says.
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
Nvidia is due to report earnings on Wednesday after the closing bell, and the options market is pricing in an 10.2% move in either direction. Nvidia stock has stayed above the lower expected range following all six of the last six earnings announcements. Now that we know the expected range, let's find a bull put spread that has the short strike roughly 10.3% below the stock price.
These companies are instrumental in the AI boom.
Nu (NU) delivered earnings and revenue surprises of 0% and 5.92%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?