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7 Best Monthly Dividend Stocks for 2017
As bond yields rose, the prices of virtually everything paying an income stream got slammed. Some of my favorite dividend stocks, REITs and closed-end funds fell by 20% or more ... at a time when the broader stock market was rallying. This is where monthly dividend stocks come in handy.
Kiplinger -
America's largest student loan company sued for misallocating student loan payments
How your student loan servicer handles extra payments could cost you a lot extra in the long run.
CNBC.com q -
Facebook dismissive of censorship, abuse concerns, rights groups allege
Nearly 80 rights groups on Wednesday accused Facebook of "racially biased censorship" and failing to be more transparent about its removal policies and cooperation with law enforcement, adding to criticism the company has faced in recent months over its management of content on its network of 1.8 billion users. The sharp rebuke, sent in response to a December letter from Senior Vice President Joel Kaplan, reflected increasing impatience among advocacy groups that say Facebook has inadequately addressed their concerns despite repeated promises of action from senior executives.
ReutersFB $127.55 -0.29% -
Oakland Raiders seek NFL's blessing for move to Las Vegas
The NFL's Oakland Raiders filed paperwork with the league on Thursday to move to Las Vegas following months of negotiations to build a new stadium in Nevada, officials said. The National Football League said in a statement the Raiders' application would be reviewed in the coming weeks by its staff and stadium and finance committees. Raiders owner Mark Davis, whose late father Al Davis helped burnish the team's outlaw reputation, has expressed dissatisfaction with the aging Oakland Coliseum and for much of last year pursued a possible move to Las Vegas.
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Former Reagan budget director warns of 'fiscal bloodbath'...
David Stockman, former OMB director for Ronald Reagan, discusses why there may be a "fiscal bloodbath" instead of fiscal stimulus under Donald Trump.
CNBC Videos -
Wells Fargo to merge international business with wholesale banking
The bank also named Richard Yorke, who previously headed the international group, as chief operating officer for the wholesale banking business. Spokesman Alan Elias said the international business previously stood on its own since it was so small that it needed more individual attention. The bank began to build its international operations in earnest after its acquisition of Wachovia at the start of 2009.
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4 Retirement Stocks Paying Dividends of 4% or More
As a result, a rising stock market, such as we've had of late, can make it harder for income investors to find attractive dividend payers. Indeed, the current dividend yield on Standard & Poor's 500-stock index is just 2.1%, down from 2.3% a year ago.
Kiplinger -
Ex-House speaker sues sex abuse accuser for $1.7 million
The filing was made in response to a breach-of-contract case the unidentified man brought last year claiming Hastert paid only about half of the $3.5 million he had privately promised as compensation for decades of pain and suffering his misconduct had caused. In Hastert's countersuit, filed on Wednesday in Kendall County Circuit Court in Illinois, he acknowledged paying $1.7 million to the accuser from 2010 and 2014 to buy his silence, but said their verbal agreement was not enforceable. Hastert also argued the plaintiff himself engaged in a breach of contract by disclosing details of the allegations he made against the former lawmaker.
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Telecommunications company Avaya files for bankruptcy
By Jessica DiNapoli and Tom Hals WILMINGTON, Del (Reuters) - Telecommunications company Avaya Inc filed for Chapter 11 bankruptcy on Thursday to reduce its debt load of about $6.3 billion but said it would not sell its call center business, which it had tried to do last year. The bankruptcy underscores the challenges telecommunications companies face as they transition to software and services from hardware. Early last year, Avaya had planned to sell its call center business but did not reach a deal with buyout firm Clayton, Dubilier & Rice LLC, which had been in the lead to acquire it for about $4 billion.
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Paramount Pictures in $1 billion deal with China film companies
As part of the agreement, Shanghai Film Group and Huahua Media will finance a combined 25 percent of all Paramount's films for the next three years, with the option to extend it to a fourth year, according to a source familiar with the situation. The deal comes as parent company, Viacom Inc, focuses on a turnaround plan under new Chief Executive Officer Bob Bakish.
ReutersVIAB $39.80 0.1% -
Kinder Morgan Treading Water as Revenues Dip, Investors Losing Patience
Kinder Morgan posts Q4 profit, but misses estimates on earnings and revenues. Decline in distributable cash flow continues through 2017, and investors are pulling out in after-hours trading.
24/7 Wall St.KMI $22.47 0.13% -
Cramer's Stop Trading: AAPL
CNBC's Jim Cramer explains why he is watching Apple.
CNBC Videos -
IBM revenue fall dims upbeat profit forecast
International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics. CFRA Research analyst David Holt said the company's results still raised questions as to when revenue would grow. "The 800-pound gorilla in the room is the overall inflection point towards revenue growth.
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JPMorgan CEO Jamie Dimon gets $28 million pay package
JPMorgan Chase & Co directors paid Chief Executive Jamie Dimon $28 million in total compensation for 2016, a 4 percent bump from the prior year, the company said on Thursday. Dimon's package includes a base salary of $1.5 million as well as cash and stock-related instruments that are tied to Dimon's performance, according to a filing with the U.S. Securities and Exchange Commission. Dimon's base salary was the same in 2015, as was his $5 million cash performance bonus.
ReutersJPM $83.30 -0.76% -
Anthem extends Cigna deal closing date ahead of court ruling
Anthem Inc on Thursday said it extended the deadline for its acquisition of Cigna Corp by three months as it awaits a federal court ruling on the U.S. government's lawsuit to block the deal. Anthem, which operates Blue Cross Blue Shield health insurance plans in 14 states, is trying to buy smaller rival Cigna. Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia has not yet issued an opinion on the case.
ReutersCI $144.16 1.54% -
South African mining deaths fall to new record low in 2016
By Ed Stoddard RANDFONTEIN, South Africa (Reuters) - The number of miners killed in South Africa's mines fell in 2016 to a new record low of 73 from 77 in 2015 thanks to a government drive to improve practices, Mineral Resources Minister Mosebenzi Zwane said on Thursday. Unions in South Africa, the world's top platinum producer, say the death toll is still too high. "If you can't mine safely, don't mine at all," Zwane said at a news briefing at the corporate offices of bullion producer Harmony Gold west of Johannesburg.
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Snap fires back at ex-employee who alleged it inflated its numbers pre-IPO
Snap is calling a fired employee's lawsuit a "late-breaking bid" to air "sensationalist...
Business Insider -
Research Reports on Exxon, P&G and the Q4 Earnings Season
Research Reports on Exxon, P&G and the Q4 Earnings Season
ZacksPG $84.70 -0.27% -
Saudi British Bank fourth-quarter net profit falls 35 percent, misses forecasts
DUBAI (Reuters) - Saudi British Bank (SABB), the kingdom's sixth-largest bank by assets, posted a 35 percent drop in its fourth-quarter net profit on Thursday, missing analysts' forecasts. The bank, an ...
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Paul McCartney Sues Sony to Regain Rights to Beatles Songs
Sony/ATV is the defendant and could be primed to make a defense similar to the one being used against Duran Duran.
The Hollywood Reporter
