“Digital nomad” visas are increasingly being used by countries to attract remote corporate workers, according to tax experts, as governments seek to outbid each other in a global war for talent. More countries have introduced a form of digital nomad visa — allowing a person to live in a country and work remotely — since…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Businesses have rushed to tap lenders in the $10tn US corporate bond market this week, taking advantage of feverish investor demand and low borrowing premiums to issue swaths of new debt. High-yield or junk-rated companies…
phive2015 Investors have been increasingly dipping their toes into the corporate bond market as demand for higher quality credit grows. Benjamin Chim, Vice President, Director and Lead of the High Yield Fixed Income team at TD Asset Management, looks at potential opportunities for investors. Transcript Greg Bonnell – Well, the US Federal Reserve is still…
Hispanolistic Banks are having profit problems. Corporate pre-tax profits in all non-financial domestic industries combined – this excludes our suffering banks and other financial companies – jumped by 5.6% in Q4 from Q3, and by 10.7% year-over-year to a record seasonally adjusted annual rate of $2.69 trillion, according to data by the Bureau of Economic…
DrPixel/Moment via Getty Images As markets trade at or near record highs, are corporate earnings justifying the recent run in stocks? MoneyTalk’s Greg Bonnell discusses with Damian Fernandes, Managing Director & Portfolio Manager with TD Asset Management. Transcript Greg Bonnell: Well, we’re in the thick of earnings season. US markets are trading in record territory,…
Hispanolistic The SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) invests across U.S. investment-grade corporate bonds with a maturity between 1 and 3 years. In this case, SPSB isn’t necessarily the most conservative bond fund in the market, but it can be a good alternative to cash or money-market funds. When thinking about bond funds,…
A spot Bitcoin ETF approval would open doors for institutional and retail investors to access the world’s largest cryptocurrency with greater ease and at a lower cost compared to Bitcoin ETFs tied to the futures market. BlackRock Inc (NYSE: BLK), the world’s largest money manager with a whopping $9 trillion in assets under management, has…
Wirestock/iStock via Getty Images Elevator Pitch Rayonier Inc. (NYSE:RYN) shares are awarded a Buy investment rating. Earlier, I wrote about how the reliance on the Chinese export market and the rise in transportation expenses could impact RYN’s business operations and financial performance in my October 18, 2021 write-up. With this latest update, I highlight Rayonier’s…
Exxon Mobil Corporation (NYSE:XOM) 2023 Corporate Plan Update December 6, 2023 10:00 AM ET Company Participants Jennifer Driscoll – Vice President, Investor Relations Darren Woods – Chairman, Chief Executive Officer Kathryn Mikells – Senior Vice President, Chief Financial Officer Conference Call Participants Doug Leggate – BofA Securities Neil Mehta – Goldman Sachs Devin McDermott –…
Ocuphire Pharma, Inc. (NASDAQ:OCUP) Corporate Update Call December 5, 2023 10:00 AM ET Company Participants Dr. George Magrath – Chief Executive Officer Michael Wood – LifeSci Advisors Charlie Hoffmann – SVP of Corporate Development Ronil Patel – Chief Business Officer Conference Call Participants Kristen Kluska – Cantor Fitzgerald John Newman – Canaccord Genuity Operator Greetings….
gerenme/iStock via Getty Images Louisiana-Pacific Corporation (NYSE:LPX) reported better-than-expected quarterly net sales and EPS, and management continues to show new corporate transformation initiatives. Already with a significant amount of cash in the balance sheet and a decent current ratio, I believe that the recent acquisition, sale of assets, and closure of certain businesses indicate that…
eyetoeyePIX/E+ via Getty Images High-yield corporate bond ETFs offer investors strong, growing dividends, and the potential for moderate capital gains as interest rates and economic conditions stabilize. Four high-yield corporate bond ETFs seem particularly strong right now. The SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY), with the highest 7.3% dividend yield, and lowest 0.05% expense…
CHUNYIP WONG The iShares MSCI Japan ETF (NYSEARCA:EWJ) is a value-weighted fund that provides exposure to the Japanese markets. On the ETF specifically, we prefer alternatives which achieve very similar objectives but with lower expense ratios. On the broader macroeconomic picture of Japan, we think that while an accommodative environment has served the market well,…
Alfa Laval Corporate AB (OTCPK:ALFVF) Q3 2023 Earnings Conference Call October 25, 2023 3:00 AM ET Company Participants Tom Erixon – President and Chief Executive Officer Fredrik Ekstrom – Chief Financial Officer Conference Call Participants Klas Bergelind – Citi John Kim – Deutsche Bank Max Yates – Morgan Stanley Sebastian Kuenne – RBC Capital Markets…
The tool will use analytical dashboards to identify transaction errors, wallet address balances and digital signatures. Ernst & Young (EY) Global has announced the first corporate client for its EY Blockchain Analyzer: Reconciler. Per the announcement, Fidelity Digital Assets, a subsidiary of Fidelity Investments, became the first enterprise to use the tool after its launch…
Damian Lugowski/iStock via Getty Images You’re not just imagining it– corporate spinoffs have markedly increased over the past couple of years. High-profile spinoffs over the past couple of years include WK Kellogg (KLG) from the company formerly known as Kellogg (K), Warner Bros. Media (WBD) from AT&T (T), and Mobileye (MBLY) from Intel (INTC). But…
Ralf Hahn Massively inflated during the pandemic, corporate profits are still not normalizing, and bode well for future investments and economic growth. So I’ll just start with this, and then I’ll follow with the essential nitty-gritty: “Corporate profits” (all businesses that file corporate tax returns, including LLCs and S corporations, see nitty-gritty #2 below) before…
Klaus Vedfelt Thesis The iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) is a fixed income exchange traded fund. As per its literature, the fund: Seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade corporate bonds with remaining maturities between one and five years. The respective index is the…
Torsten Asmus I last covered the Fidelity High Yield Factor ETF (NYSEARCA:FDHY), an actively managed high-yield corporate bond ETF, in late 2022. In that article, I argued that FDHY’s above-average, growing 7.4% yield made the fund a buy. FDHY has outperformed its benchmark since then, as expected. On the other hand, dividends have been cut,…
Kameleon007 The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund ETF (NYSEARCA:HYS) is a simple short-term high-yield corporate bond index ETF. Although the fund sports a reasonably strong, growing 6.1% dividend yield, it is quite expensive for an index ETF, with a 0.55% expense ratio. Most of HYS’s peers are cheaper, with the…
bjdlzx Ring Energy (NYSE:REI) began with a great idea to acquire some very profitable leases and then operate those leases to build a company that someone would want to purchase (hopefully at a big premium). However, covid challenges got in the way of the transition from a concept company (or development stage stock) to an…
Dimensions Elevator Pitch I continue to rate Atour Lifestyle Holdings Limited (NASDAQ:ATAT) stock as a Hold. I previously published an initiation article for ATAT on January 19, 2023, referring to Atour Lifestyle as “a play on a rise in the hotel chain penetration rate and strong demand for upper midscale hotels in China.” The focus…