Uncategorized

Blue-chip dividend stock pays Warren Buffett $580M in annual dividends

Warren Buffett doesn’t chase a high dividend yield. Instead, he buys quality businesses, holds them for decades, and lets the cash roll in.  Bank of America is a perfect example of that strategy playing out in real time. Berkshire Hathaway owns517.3 million shares of Bank of America (BAC). At the current annualized dividend of $1.12 […]

Blue-chip dividend stock pays Warren Buffett $580M in annual dividends Read More »

Bank of America sends strong message on Lockheed Martin stock

Toward the end of the week that ended on April 25, I covered a piece on Lockheed Martin CEO Jim Taiclet, calling the current defense environment a “golden opportunity,” and a rare moment of unguarded enthusiasm from the leader of the world’s largest defense contractor. The market, apparently, needed more convincing. Lockheed Martin (LMT) shares

Bank of America sends strong message on Lockheed Martin stock Read More »

Equifax flagged a new type of fraud that’s slipping past every lender

Equifax recently outlined how fabricated identities, stitched together from fragments of real and fictitious personal data, are gaming the lending system at a scale that traditional verification processes were never designed to handle.  That exploitation raises costs for lenders, tightens credit standards for legitimate borrowers, and could ultimately affect the rates and terms you see

Equifax flagged a new type of fraud that’s slipping past every lender Read More »

Home Depot partner and rival closes, files Chapter 7 bankruptcy

An ongoing housing slump and consumers’ reluctance to spend in an uncertain economic environment have impacted sales at home improvement stores, forcing retailers to close down operations and, in some cases, file for bankruptcy protection. Economic conditions have affected industry leader Home Depot as the home improvement giant’s sales declined by 3.8% in its fourth

Home Depot partner and rival closes, files Chapter 7 bankruptcy Read More »

Nasdaq’s CEO declared the stock market is about to change forever

Adena Friedman, chair and CEO of Nasdaq, which lists Apple, Microsoft, and other top companies, took the stage at a major industry conference and made a bold declaration about the future of markets. Her message to a room full of Wall Street’s most powerful players was direct. The stock market infrastructure most investors rely on

Nasdaq’s CEO declared the stock market is about to change forever Read More »