Author: MNK News
In trading on Monday, shares of Western Union were yielding above the 9% mark based on its quarterly dividend (annualized to $0.94), with the stock changing hands as low as $10.39 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48…
How to solve today’s Wordle.SOPA Images/LightRocket via Getty Images Looking for Saturday’s Wordle hints, clues and answer? You can find them here: ForbesToday’s ‘Wordle’ #1281 Hints, Clues And Answer For Saturday, December 21stBy Erik Kain Christmas is coming, the goose is getting fat. Please—pretty please—put a penny in the old man’s hat. Though, I suspect giving an old beggar a penny might not be met with much gratitude. A penny doesn’t go quite as far as when that Christmas tune was written. The first instances of Christmas Is Coming were published in 1885, though it’s likely the song had been…
A five-day strike by Starbucks (SBUX) baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers. The strike, which began Friday in Los Angeles, Chicago and Starbucks’ hometown of Seattle, spread Monday to stores in Boston, Dallas and Portland, Ore. Workers in New York, Denver, Pittsburgh and other cities had also joined the strike over the weekend. Workers are protesting a lack of progress in contract negotiation with the company. Starbucks Workers United, which began the unionization effort in 2021, said Starbucks has failed to honor a commitment made in February to reach a…
Solana GameFi network Sonic will airdrop free tokens to TikTok users for joining its crypto game. Layer-2 gaming-centric Solana-native network Sonic plans to send SONIC tokens to TikTok users onboarded via its social media blockchain game. The Solana (SOL) Virtual Machine protocol designed its SonicX game directly on TikTok, similar to The Open Network developers behind Telegram mini-games. The idea revolves around tapping existing web2 audiences for web3 projects, accessing millions of users already on platforms like Telegram and TikTok. Over 1 billion monthly active users log on to TikTok, with numbers expected to reach more than 2 billion by…
Value stocks, low p/e stocksgetty When the growth stock mania has ended and investors begin avoiding the large cap tech and social media names like Nvidia, Tesla and Palantir, some of that money may find its way back into value stocks. From a strict contrarian standpoint, it’s probably a good idea to begin thinking now about the eventual likelihood of that scenario. Low price-earnings ratios are the first, best indicators for selection of value. Other significant factors include the ability to pay a dividend and the lack of debt. A lower than book value price is nice but not always…
Patrik Schick is a major reason for Bayer Leverkusen’s recent success in the Bundesliga. (Photo by … [+] Hesham Elsherif/NurPhoto via Getty Images)NurPhoto via Getty Images It was a perfect end for Bayer Leverkusen to 2024. On Saturday, Die Werkself answered Bayern Munich’s 5-1 win over RB Leipzig with their very own 5-1 smashing of SC Freiburg. While it wouldn’t be surprising that Florian Wirtz (51’) scored, Patrik Schick’s four-goal (45’, 67’,74’ & 77’) performance stood out. Vincenzo Grifo (55’) scored Freiburg’s only goal. “When a striker scores four goals, you can’t complain,” Leverkusen head coach Xabi Alonso said. “Patrik…
The history of the stock market shows that, most years, there is a “Santa Claus” rally that leaves investors on the right side of the “naughty or nice” list. In 2024, the AI boom helped power stocks to one of their best years in the new millennium but, last week, the Federal Reserve put a damper on the party by drawing a hard line on interest rates and causing indexes to tumble. This has left many investors wondering if some Santa magic can erase the sell-off and put a bow on a great year. The second half of December is…
Crypto exchange Crypto.com has launched a U.S. trust company dubbed Crypto.com Custody Trust Company. The exchange, founded in 2016 and currently boasting regulatory approval and licenses in numerous countries and jurisdiction, revealed the key development in a press release on Dec. 23. According to details, Crypto.com unveiled the U.S. trust company after it secured a trust company charter. With the launch of the digital custody firm, Crypto.com can now extend its custody services to eligible institutions and high net worth clients across the U.S and Canada. “Launching a U.S. trust company is our latest significant step in our product roadmap…
A high-ranking executive for the Walt Disney Company has offered an explanation why the woke Disney+ Star Wars spin-off series The Acolyte was cancelled after just one season, saying the show didn’t perform well enough to justify its cost — which one estimate put close to a quarter of a billion dollars. In a recent interview with Vulture, Disney Entertainment co-chairman Alan Bergman addressed the decision to ax The Acolyte — a Star Wars spin-off series featuring a coven of lesbian witches. The show also featured a transgender actor in a major role. “As it relates to Acolyte, we were happy with…
Today’s NYT Strands hints and answersCredit: New York Times Looking for Saturday’s Strands hints, spangram and answers? You can find them here: ForbesNYT ‘Strands’ Today: Hints, Spangram And Answers For Saturday, December 21stBy Erik Kain It’s another lazy Sunday. A very good day of the week to play word games and solve puzzles, if you ask me, though really . . . is there a bad day? This is also the last Sunday before Christmas, which is racing toward us as fast as Santa’s reindeer. Actually, Santa’s reindeer would be a pretty good Strands puzzle. Speaking of which, let’s solve…