Author: News Room

Thesis Petrobras (NYSE:PBR.A) (NYSE:PBR) appears to be the perfect name for an investor looking for cash flows with an attractive dividend policy and high margins, though risks remain thanks to the Brazilian state’s ownership of the company. The preferred shares – PBR.A – are trading at a discount to the common shares – PBR – due to their lower liquidity and lack of voting rights, but this discount makes these shares the more attractive of the two. All factors considered, the Petrobras preferred shares appear to be trading at around fair value, and as such rate as HOLD. Author’s Representation…

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The cryptocurrency market has been factoring in the recently released US CPI figures, which have underperformed expectations. Many speculate on how this crucial economic indicator will impact Bitcoin’s price trajectory.In this article, we will delve into the potential implications of the inflation report on Bitcoin’s price, evaluating various factors that may contribute to an upswing or a continued downturn in the digital currency’s value.Slowing Inflation: US Consumer Price Increases Ease in MarchUS consumer price increases slowed down in March compared to the high levels seen last summer. According to the Bureau of Labor Statistics, annual inflation measured by the Consumer…

Billionaire investor Warren Buffett isn’t worried about the state of the US banking industry — but he would like to see much tougher consequences for top leaders of the banks that fail. In the wake of the failure of Silicon Valley Bank, Buffett reflected on the public’s frustration after the 2008 financial crisis. “All kinds of trouble [was] caused by the banks. But bank executives … they all continue to live fine. They may have lost their job, but they got their pensions,” he said in an interview Wednesday with CNBC. “There have got to be consequences to the people…

Here’s a look at some of the stocks making the biggest moves on Wednesday.MongoDB — Shares jumped 9.4% after Morgan Stanley upgraded MongoDB to overweight from equal weight, citing the software company’s leadership in cloud optimization initiatives. The firm raised its price target to $270, which suggests shares could gain about 27% from Tuesday’s closing price.Shopify — Shares of the Canadian e-commerce startup jumped nearly 5% after JMP upgraded the stock to market outperform from market perform. The Wall Street firm is bullish on Shopify’s ability to gain market share with larger enterprise businesses. JMP’s price target of $65 per…

WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday.Minutes from the March meeting of the Federal Open Market Committee included a presentation from staff members on potential repercussions from the failure of Silicon Valley Bank and other tumult in the financial sector that began in early March.Though Vice Chair for Supervision Michael Barr said the banking sector “is sound and resilient,” staff economists said the economy will take a hit.”Given their assessment of the potential economic effects of the recent banking-sector developments, the…

Recent upheaval within the banking system is likely to drag the U.S. economy into a recession later this year, according to the Federal Reserve. Minutes from the U.S. central bank’s March 21-22 meeting released on Wednesday showed that staff members believe a downturn is imminent in the wake of several bank failures. “Given their assessment of the potential economic effects of the recent banking-sector developments, the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years,” the meeting minutes said. Officials voted at the meeting to…

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The latter part of your career — in your 40s, 50s and early 60s — is the prime time to position yourself for a successful retirement. While your “post-work” years may still seem a long way off, the time will pass quickly. For some, retirement may come sooner than expected as layoffs, illness or the responsibility of caring for another may cause you to leave the workforce earlier. As a result, it’s important to start your retirement planning as early as possible. We previously discussed the planning steps for your 20s and 30s, including five actions you can take in…

According to NextEarningsDate.com, the Procter & Gamble PG next earnings date is projected to be 4/21 before market open, with earnings estimates of $1.32/share on $19.27 Billion of revenue. Looking back, the recent Procter & Gamble earnings history looks like this: The company has an impressive long-term earnings per share chart: And with quarterly revenue that looks like this: But earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest the fundamental details. And that volatility can be a stock options trader’s dream come true — so such traders will be interested to…