RSS Feed Market Updates
The Gold Report: What was the mood at the Prospectors and Developers Association of Canada annual meeting? Did any companies stand out to you? Brent Cook: There was an overall lack of "buzz" and news releases. Although many companies seemed to time news for the event, not many had market moving news. It seemed most companies were keeping their heads down. Chris Berry: Most were realistic. It is clear that the days of having the wind at the back of the mining industry based on China's increasing appetite for a host of commodities, is over—or at least paused. Companies across all market capitalizations have written down the value of assets, sold properties at a discount, and instituted strict cost discipline going forward. Jordan Roy-Byrne: What stood out to me was the muted bullish sentiment or cautious optimism from the industry.
More News Related Articles
UBS (UBS) rolled out the ETRACS Diversified High Income ETN (DVHI) on Thursday (9/19/13). The new exchange traded note (“ETN”) is targeted at investors desiring significant monthly income from a diversified multi-asset mix. It will track the new NYSE Diversified High Income Index minus the 0.84% annual tracking fee. The underlying index has a current yield of 7.7%, and the ETN will make monthly cash distributions.
Fund & ETF
Since the inception of the Investment Company Act of 1940, investors have grown to expect every mutual fund, closed-end fund (“CEF”), and exchange traded fund (“ETF”) to be treated as a “pass-through vehicle” for tax purposes. The entity itself would not pay any taxes, and all tax liabilities would be passed-through to the shareholders. That was the status quo for decades, until master limited partnership (“MLP”) funds came along.
RSS Feed Stock News
[AP] - Shares of some top media companies were up at the close of trading: Comcast Corp. rose $.61 or 1.1 percent, to $54.64. Walt Disney Co. rose $.11 or .1 percent, to $75.67. Gannett rose $.11 or .4 percent, ... Read more on this. The Walt Disney Company (DIS), valued at $143.62B, started the session at $82.18. Shares have traded today between $81.69 and $82.43 per share and has traded between $55.76 and $83.65 over the past year. Priced at 20.63x this year's forecasted earnings, DIS shares are relatively inexpensive compared to the industry's 42.52x forward p/e ratio. And for dividend hunters, the company pays shareholders $0.86 per share annually in dividends, yielding 1.00%. In a review of the consensus earnings estimate this quarter, 28 sell-side analysts are looking at $0.94 per share, which would be $0.
More News Related Articles
Investors have had to endure much more volatility in the past few weeks. We may know why — the Federal Reserve put an expiration date on its $3 trillion-plus bond-buying program. But some investors don’t know how to proceed. The Fed’s easy-money policy — mainly known as quantitative easing, or QE — probably will end next year.
Did you hear?
The Energy Report: Derek, thank you for joining us. Why is the Athabasca Basin generally described as the most prolific uranium source in the world?Derek Hamill: There are a few factors that make the Athabasca Basin region of Saskatchewan and Alberta the best place to look for, and mine, uranium. Grade is the number-one factor.
Don't forget to read: