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☆ Citi says investors should focus on dividends, lists several buy-rated income stocks to buy
▼ + stars: | 2024-04-29 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Therefore, investors would be more incentivized to buy companies that have a strong record of dividend payments. The strategist expects more companies to add dividends payouts going forward, as firms begin to increasingly understand the appeal for investors. The stocks had to meet the following criteria: Buy-rated by Citi Research 3-year dividend per share with a compound annual growth rate above 5% Above median expected dividend growth Potential dividend per share upside Reasonable payout ratio Reasonable dividend yield One name on the list was Visa , which currently has a dividend yield of 0.7%, according to Citi Research. Semiconductor firm Lam Research also made the list, with a dividend yield of 0.9%. More than half of analysts covering the stock rate it a buy or strong buy and see a potential upside of nearly 6%.

Persons: Scott Chronert, Chronert, TD Cowen, Bryan Bergin, Riley, — CNBC's Michael Bloom Organizations: Federal Reserve, Citi, Fed, Citi Research's, Citi Research, Visa, LSEG, Mastercard, Semiconductor, Lam Research, Research Locations: Asia, Europe

☆ These stocks reporting results next week have earnings momentum at their back, and are well liked by analysts
▼ + stars: | 2024-04-27 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Some of Wall Street's favorite stocks are due to report their latest earnings in the week ahead. As of Friday, 77% of companies that have reported topped analyst estimates for their quarterly earnings, according to FactSet. To find stocks reporting next week that might see a post-earnings rise in valuation, CNBC Pro screened for names that Wall Street analysts recommend and that have earnings momentum at their back. Mastercard has seen earnings estimates rise by 12% in the past three months, and 20% over the past six months. Analysts have raised the Silicon Valley real estate investment trust's earnings estimates by 29% over the past three and six months.

Persons: Wall, FactSet, Ronald Josey, Josey, GenAI, TD Cowen, Bryan Bergin, Equinix, —, Fred Imbert Organizations: Dow Jones, CNBC Pro, Wall, Companies, Amazon Web Services, UBS, Citi, Mastercard

Raymond James raised its price target on Nvidia to $1,100, noting revenue momentum will stay strong. On a more sour note, Bank of America lowered its price target on Boeing to $190, citing risks around the company's ongoing safety issues. He raised his price target by $30 to $160, which suggests more than 25% potential upside for shares. Analyst Bryan Bergin initiated coverage of Mastercard with a buy rating and $545 price target, which indicates 16.2% potential upside. — Pia Singh 5:50 a.m.: Bank of America cuts Boeing price target Boeing's latest troubles made Bank of America even more skeptical on the stock's prospects.

Persons: Raymond James, Berenberg, Andres Castanos, Mollor, — Pia Singh, Bernstein, Johnson, Callum Elliott, Kenvue, Elliott, Lorraine Hutchinson, Hutchinson, Nike's, TD Cowen, Bryan Bergin, Bergin, Blackwell, Srini Pajjuri, Ronald Epstein, Dave Calhoun, Epstein, Fred Imbert Organizations: CNBC, Nvidia, Bank of America, Boeing, Johnson, Nike, Mastercard, Visa, of America, New York Times Locations: Albemarle, underperform, China, Europe, Asia

They include eight chief executives of the 11 states that formed the Confederate States of America, which seceded and waged war to preserve slavery. Although white people enslaved Black people in Northern states in early America, by the eve of the Civil War, slavery was almost entirely a Southern enterprise. South Carolina, where the Civil War began, illustrates the familial ties between lawmakers and the nation’s history of slavery. Each of the seven white lawmakers who served in the 117th Congress is a direct descendant of a slaveholder, Reuters found. In researching America’s political elite, Reuters found names – almost always just a first name – of 712 people enslaved by the ancestors of the political elite.

Persons: Black, Mitch McConnell, Lindsey Graham, Tom Cotton, Elizabeth Warren, Tammy Duckworth, Jeanne Shaheen, Joe Biden, –, Donald Trump –, Jimmy Carter, George W, Bush, Bill Clinton, Barack Obama, Amy Coney Barrett, Neil Gorsuch –, Asa Hutchinson, Doug Burgum, Tim Scott, James Clyburn, Henry McMaster, ”, Henry Louis Gates Jr, Gates, ” “, ” Gates, enslavers, Tony Burroughs, Biden, Obama, McConnell, “ it’s, ” Burroughs, LINDSEY GRAHAM, Joseph Maddox, Maddox, Sela, Rubin, James, Sal, Sam ”, Graham, Graham didn’t, NANCY MACE, Nancy Mace, Drucilla Mace, John Mace, Hector Godbolt, John Mace’s, Godbolt, “, ” Nancy Mace, TAMMY DUCKWORTH, Duckworth, Henry Coe, Coe, Margaret, Isaac, Warner, George …, Isaac Franklin –, “ There’s, ” Duckworth, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Blake Morrison Organizations: U.S, Reuters, Republicans, Supreme, Republican, Harvard University, PBS, United States Congress, Geographic, Journalists, Black, Thomson Locations: America, U.S, Confederate States, Arkansas, North Dakota, Black, Northern, Southern, South Carolina, Congress, New Hampshire , Maine, Massachusetts, United States, Illinois, Virginia, Frederick County , Virginia

☆ Resources available for learning genealogy, researching your ancestry
▼ + stars: | 2023-06-27 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

That means you – and what you know about your parents and grandparents – are the starting points for researching your family’s ancestry. In conjunction with this Reuters series, Legacy Family Tree Webinars is making available at no charge a variety of online genealogy webinars from its extensive library to help novices and experts alike. The webinars range from introductions to genealogy for novices to courses that explore African American genealogy. Among the webinars available through July is Descendants of the Enslaved and Enslavers – Working Together to Discover Family. Legacy Family Tree Webinars has a library of about 2,000 genealogy-related webinars.

Persons: –, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Catherine Tai Design, John Emerson, Blake Morrison Organizations: Reuters, reuters

☆ Should the U.S. government pay reparations for slavery and its legacy?
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +10 min

The poll found that 74% of Black Americans favor reparations compared to just 26% of white Americans. A divided America Views on whether the U.S. government should provide some form of reparations for slavery and its legacy are split along party and racial lines. They also say it’s wrong to have taxpayers finance reparations, given that no one alive today is responsible for slavery. In April 2021, Gohmert went on the attack by proposing an amendment calling for the Democratic Party to pay for reparations. In the slavery era, the Democratic Party supported slavery; the Republican Party, led by Abraham Lincoln, called for slavery’s restriction and eventually abolished it.

Persons: –, Elizabeth Warren, Chris Van Hollen, Lloyd Doggett, Tommy Tuberville, John N, Kennedy, Louie Gohmert, ”, Black, Robert Lindsay, Gohmert, Abraham Lincoln, Lindsay, Valentine, ” Tuberville, “, Tuberville, Valentine Brazil, Nathan Calhoun, ” Kennedy, Nathan Calhoun’s, Dabney P, Calhoun, John Crawford, ’ Warren, Warren, – Crawford, Crawford, ” Warren, Isaac Hollingsworth, ’, Van Hollen, ” Van Hollen, Miller Doggett, Doggett, ” Doggett, Jim Crow, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Catherine Tai Design, John Emerson, Jeremy Schultz, Blake Morrison Organizations: Black, Reuters, –, 117th, U.S ., Louie Gohmert Former U.S, Representative, Republican, Democratic Party, Republican Party, Vigilance, Kennedy U.S, Massachusetts Democrat, Senate, Chris Van Hollen U.S, Maryland, Lloyd Doggett U.S, H.R, Texas Democrat Locations: United States, America, U.S . Civil, Louie Gohmert Former, Texas, Europe, Bowie County , Texas, Boston, Bowie County, Alabama, Valentine Brazil, Nevada, Tuberville, Saline County , Arkansas, Brazil, Ouachita, Louisiana, Abbeville , South Carolina, Massachusetts, Dorchester County , Maryland, Maryland, Virginia, Tennessee

☆ More than 100 U.S. political elites have family links to slavery
▼ + stars: | 2023-06-27 | by ( Reuters Graphic | ) www.reuters.com time to read: +46 min

Then the war came, and according to the family history, Union soldiers plundered Sessions’ 27-room house. About 48 years old at the time, he did not stand a chance to succeed without slavery, the family history suggests. ‘A Better Nation’Some historians and genealogists say there is a valuable reason for white leaders – and other white Americans – to explore their links to slavery. Nicka Sewell-Smith, a professional genealogist with the family history website Ancestry.com, said people frequently ask her what to do with such documents. The top Democrat on the House Foreign Affairs Committee, Meeks said in an interview that he has spent years trying to trace his family history back before 1870.

Persons: Black, Mitch McConnell, Lindsey Graham, Tom Cotton, James Lankford, Elizabeth Warren, Tammy Duckworth, Jeanne Shaheen, Maggie Hassan, Joe Biden, –, Donald Trump –, Jimmy Carter, George W, Bush, Bill Clinton, Barack Obama, Trump’s, Amy Coney Barrett, Neil Gorsuch –, Asa Hutchinson, Doug Burgum, Tim Scott, James Clyburn, Henry McMaster, ”, Henry Louis Gates Jr, Gates, ” “, ” Gates, enslavers, Tony Burroughs, Biden, Obama, McConnell, Burroughs, Joseph Maddox, Maddox, Sela, Rubin, James, Sal, Sam ”, Graham, Graham didn’t, Nancy Mace, Drucilla, Drucilla Mace, John Mace, Hector Godbolt, John Mace’s, Godbolt, “, ” Nancy Mace, Henry Coe, Duckworth, Coe, Margaret, Isaac, Warner, George …, Isaac Franklin –, “ There’s, ” Duckworth, George Floyd, Donald Trump, ” Biden, ‘, ’, Ben Affleck, ” Affleck, Independent Angus King, Mo Brooks, ” Brooks, Sean Kelley, Kelley, White, don’t, wasn’t, Richard Sessions, Pete Sessions, Richard’s, William Sessions, John Cowger, Tom Cotton of, ” Cotton’s, Cowger, Cotton, Archibald Crawford, Juneteenth, Shaheen, Pocahontas, Edmond Dillehay, Peter ”, Milly, Lankford, ” Lankford, Joe Wilson, Stephen H, Wilson, Boineau, General David Addison Weisiger, Wilson –, Addison Graves Wilson –, Weisiger “, ” Wilson, Daniel Weisiger, Daniel Weisiger’s, Samuel, Samuel Weisiger, Daniel, Julia Brownley, Jesse Brownley, Brownley, ” Brownley, Thomas Ferguson, Brooks, Manumission, Marie Jenkins Schwartz, ” “ It’s, Union General William Tecumseh Sherman, Harvard’s Gates, Sherman, Andrew Johnson, Abraham Lincoln, Nicka Sewell, Smith, Ancestry.com, ” Sewell, LaBrenda Garrett, Nelson, Garrett, Rick Larsen, John Wiggins, Larsen, – Gilbura, George, Agg –, ” Larsen, Gilbura, Agg, Gregory Meeks, Meeks, Jim Crow South, – Meeks, – “, ” Meeks, “ I’m, I’m, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Catherine Tai Design, John Emerson, Jane Ross, Emma Jehle, Jeremy Schultz, Blake Morrison Organizations: Reuters, Republicans, U.S, Supreme, Republican, Harvard University, PBS, United States Congress, Representative, WikiLeaks, Sony, Facebook, White, FedEx, National Museum of, 117th, Independent, University of Essex, Geographic, American Economic, Pete Sessions, Sessions, Federal Bureau of Investigation, Jeanne Shaheen U.S, CNN, Biden, Trump, ” Reuters, South, South Carolina General Assembly, Confederate, statehouse, Congressional, Chesterfield County, Mount Vernon College, George Washington University, Mo Brooks Former U.S, “, New York Times, United, Federal Government, Union, Black, Southern, Democrat, House Foreign Affairs, Klux Klan Locations: U.S, America, Confederate States, Arkansas, North Dakota, South Carolina, Congress, Black, Northern, Southern, Illinois, Virginia, Frederick County , Virginia, United States, Minnesota, ”, Mo Brooks of Alabama, American, Texas, Mississippi, Chicot County , Arkansas, Chicot County, Tom Cotton of Arkansas, Yell County, Yell County , Arkansas, New Hampshire, Oklahoma, Tulsa, Georgia, Pennsylvania, Michigan, Frankfurt, Germany, Chesterfield County , Virginia, California, Portsmouth , Virginia, Alabama, Haywood County , North Carolina, Antebellum, United States of America, Washington, Nicholas County , Kentucky, Queens , New York, New York, York County, Mende, Sierra Leone, Africa, Bunce

☆ Bidzina Ivanishvili: Credit Suisse ordered to pay $926 million to Georgia's former prime minister
▼ + stars: | 2023-05-26 | by ( ) edition.cnn.com time to read: +3 min

Credit Suisse was ordered to pay $926 million to Georgia’s former prime minister Friday for losing part of his fortune, in a Singapore court ruling that represents one of the biggest legal awards made against the bank. Credit Suisse (CSGKF) said it would appeal the decision. Billionaire businessman Ivanishvili, who was Georgia’s prime minister in 2012 to 2013, had placed $1.1 billion under the custodianship of Credit Suisse Trust in 2005, the court heard. It should have prevented Patrice Lescaudron, an adviser at Credit Suisse Trust in Singapore who was later convicted of fraud, from having access to them. AppealThe $926 million to be paid by Credit Suisse will be reduced by $79 million it had already paid in December.

☆ Adobe signs chip supplier Qualcomm for marketing tech software
▼ + stars: | 2023-02-23 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

[1/2] A logo of Adobe Inc. is pictured at the company's office in Citywest Business Campus, Saggart, Ireland October 19, 2021. REUTERS/ Tom BerginFeb 23 (Reuters) - Adobe Inc (ADBE.O) said on Thursday it had signed a deal with semiconductor Qualcomm Inc (QCOM.O) as a customer for its cloud-based marketing software. The subscription-based marketing software helped Adobe become one of the few software companies founded in the 1980s to navigate the transition to the modern cloud era and has helped nearly double its revenue since 2018. That means that Qualcomm is trying to court customers in a variety of industries. The Adobe software aims to help Qualcomm keep tabs on those elements of its website and tweak them to help better draw in each set of customers.

☆ Trump's Scottish golf courses recorded more losses in 2021
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +1 min

LONDON, Feb 2 (Reuters) - Former U.S. President Donald Trump's two Scottish golf courses lost 4.4 million pounds ($5.44 million) in 2021, according to accounts released on Thursday, continuing a consistent run of red ink at the clubs under his ownership. SLC Turnberry Ltd., which manages the famed Turnberry golf resort, said closure for part of the year due to the COVID-19 pandemic contributed to pre-tax losses of 3.7 million pounds. Trump International Golf Club Scotland Ltd, which operates a club Trump built north of Aberdeen, reported a pre-tax loss of 697,000 pounds. The results were helped by the companies receiving just over 1 million pounds in COVID payroll support from the UK government. ($1 = 0.8081 pounds)Reporting by Tom Bergin; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

☆ Side-by-side photos of the Orion Nebula show how powerful Webb's infrared cameras are. They spot star-forming clouds and gas cocoons Hubble can't see.
▼ + stars: | 2022-09-13 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +6 min

Astronomers released a new image of the Orion Nebula on Monday from the James Webb Space Telescope. "We are blown away by the breathtaking images of the Orion Nebula. The Orion Nebula is a massive star-forming region 1,350 light-years from Earth, making it the nearest stellar nursery to us. Webb spots previously hidden star-forming threadsHubble's image, left, and Webb's image, right of the Orion Nebula. The Orion Nebula is similar to the environment our solar system was born in, Habart added, so studying it could be key to understanding our solar system.

☆ Economic policy is full of false assumptions that benefit the wealthy and undercut average Americans — just look at how CEOs are paid
▼ + stars: | 2022-03-19 | by ( Paul Constant | ) www.businessinsider.com time to read: +6 min

Recently, he spoke with author Tom Bergin about the problem with CEOs acting like shareholders. A 2021 study found that typical CEO compensation has risen 1,322% since 1978, while worker compensation over that same time only increased by 18%. The problem with CEOs behaving as shareholdersThe National Bureau of Economic Research reports that in 1980, stock options were rarely included in CEO compensation. When they were a part of the compensation package, average stock options rarely made up even 20% of the total direct pay for CEOs. But today, according to Lawrence Mischel from the Economic Policy Institute, "Stock-related compensation comprises around 85% of CEO compensation."

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