Business News

Thomasville Bancshares  raises dividend by 15% to $1.25/share

Kentucky Attorney General Russell Coleman discusses attorneys general suing the SEC over cryptocurrency regulations, the call for a crackdown on connected vehicles built in China as well as a lawsuit against TikTok. A hacker who helped launder the proceeds of a bitcoin theft from a cryptocurrency exchange was sentenced to five years in prison for his … Read more

In a robust year for energy stocks, Tortoise Pipeline and Energy Fund, Inc. (TTP) has reached a new 52-week high, trading at $49.84. This milestone reflects a significant uptrend in the company’s stock value, resonating with the broader energy sector’s performance amidst fluctuating global energy demands. Over the past year, TTP has witnessed an impressive … Read more

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has moved quickly to name candidates for the top jobs in his incoming administration. The picks show that loyalty appears to have been a crucial criteria for a post — and … Read more

Mexico’s president lashed out Friday at Moody’s ratings service, after it downgraded the Mexican government’s debt outlook to “negative.” Moody’s said it had downgraded the government’s debt outlook from “stable” to “negative” because newly approved laws in Mexico could weaken the judiciary branch and checks and balances. It reaffirmed Mexico’s Baa2 overall credit rating, but said increased … Read more

Moody’s Ratings predicted a 7.2 percent GDP growth for India in 2024, highlighting that the country is in an advantageous economic position. However, it cautioned that inflation risks could lead the Reserve Bank of India (RBI) to maintain a relatively tight monetary policy in the near term.  From a macroeconomic standpoint, Moody’s sees India in … Read more

Bloom Energy (NYSE: BE) investors are having a terrific Friday, as shares of the renewable energy company surged 47.8% through 10:30 a.m. ET. Last night, Bloom Energy announced a deal to supply up to 1 gigawatt’s-worth of fuel cells to electric utility American Electric Power (NASDAQ: AEP). Start Your Mornings Smarter! Wake up with Breakfast news … Read more

Short sellers boosted their bets against the S&P 500 industrial sector stocks in October, with S&P 500 sector’s stock losing nearly 1.2% during the month. As of September’s end, the average short interest rate in S&P 500 industrials was 2.15%, up 8 bps

 ‘Barron’s Roundtable’ associate editor Andrew Bary discusses demand in the food industry. A judge denied Kraft Heinz’s efforts to dismiss a proposed nationwide class action lawsuit over allegations that its products, marketed as free from preservatives, contain ingredients that contradict its labels. On Wednesday, Judge Mary M. Rowland ruled that the company must face the … Read more

Investing.com — In a note to clients Friday, Jefferies analysts outlined the potential impact of increased tariffs on Apple (NASDAQ:)’s iPhone if former President Donald Trump reintroduces higher trade barriers during a possible second term. While Apple has made efforts to diversify its production beyond China, the firm said the company remains heavily reliant on the … Read more