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Why This Insurer's $30-Billion Move Is Good For Aberdeen's CEFs
Forbes· 2025-09-20 13:50
Photo of various stacks and rows of coins with FUNDS concept word imprinted on metal surfacegettyAt CEF Insider, we live for those times when a bad news story turns up a great dividend opportunity. And the headlines just served one up, putting a 12%+ dividend (in a hated sector, no less) on the table.This special situation is intriguing because no one in America is talking about it. That’s because it comes from across the pond, in the UK. Specifically, I’m talking about one of the UK’s biggest insurers, Pho ...
Microsoft Now Believes People Will Pay $800 For An Xbox Series X
Forbes· 2025-09-20 12:13
Series X/SMSWhile the effects of Trump’s tariffs are severe across a number of industries at this point, few things are stranger than what’s going on with Microsoft and Xbox right now.Microsoft was the first console manufacturer to raise prices on its Xbox hardware, rather dramatically at that, but now they’ve announced they’re back for round 2, citing economic conditions, and these prices have gotten so comically high it’s easy to wonder if they’re practically discouraging hardware sales on purpose at this ...
‘Open Up The Floodgates’—A BlackRock Price Bombshell Is Suddenly Hurtling Toward Bitcoin And Crypto
Forbes· 2025-09-20 11:30
Bitcoin and crypto have exploded back this year, largely thanks to BlackRock-led Wall Street adoption and U.S. president Donald Trump’s support (though fears have emerged of a bitcoin price “death spiral”).Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the marketThe bitcoin price topped $124,000 per bitcoin last month, though its early 2025 rally has stalled in recent months, just as Tesla billionaire Elon Musk issued a stark $37 trillion warning.Now, as Goldman Sachs quietl ...
Inside Trump’s Lies And Exaggerations In His New York Times Lawsuit
Forbes· 2025-09-19 21:28
Jamel Toppin for ForbesDonald Trump has often exaggerated, embellished and even lied about his success and his fortune over the years. Despite being richer than ever, the president still can’t resist hyping himself up, as his recent complaint against The New York Times shows.Late Monday, Trump filed a $15 billion defamation lawsuit against the Times, Penguin Random House and several of the newspaper’s top writers. The complaint cited a book and three articles that his legal team says damage his business and ...
The Gap Shares Cross Below 200 DMA
Forbes· 2025-09-19 20:10
In trading on Friday, shares of The Gap crossed below their 200 day moving average of $22.42, changing hands as low as $22.24 per share. The Gap shares are currently trading off about 2.3% on the day. 10 Stocks Crossing Below Their 200 Day Moving Average »The chart below shows the one year performance of GAP shares, versus its 200 day moving average: GAPtickertechLooking at the chart above, GAP's low point in its 52 week range is $16.99 per share, with $29.29 as the 52 week high point — that compares with a ...
Daily Dividend Report: Kroger, TXN, Philip Morris, Abbott, GE
Forbes· 2025-09-19 18:25
The Kroger's Board of Directors today declared a quarterly dividend of 35 cents per share to be paid on December 1, 2025, to shareholders of record as of the close of business on November 14, 2025. The company's quarterly dividend has grown at a 13% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time. 10 Top Ranked Dividend Stocks »Texas Instruments said it will raise its quarterly cash dividend 4%, from ...
Judge Throws Out Trump's Lawsuit Against The New York Times For Being Too Long
Forbes· 2025-09-19 18:10
ToplinePresident Donald Trump’s $15 billion lawsuit against The New York Times was thrown out Friday, with a federal judge finding the complaint to be too long for the two counts of defamation it sought to prove.The judge's decision was issued Friday. (Photo by Leon Neal/Getty Images)Getty ImagesKey FactsDistrict Judge Steven Merryday wrote the lawsuit “stands unmistakably and inexcusably athwart the requirements of Rule 8,” which calls for complaints to have “simple, concise, and direct” allegations that o ...
Who Is Perry Sook? What To Know About Nexstar Founder Amid Jimmy Kimmel Pause.
Forbes· 2025-09-19 17:36
ToplineJimmy Kimmel’s late-night show was pulled earlier this week by Nexstar Media, the largest television station owner and operator in the U.S., founded by Perry Sook, who has remained largely out of the spotlight over nearly four decades as chairman of the local media giant. Nexstar executives announced the late-night show would be pulled after Kimmel’s “offensive and insensitive” comments about Charlie Kirk.Associated PressKey FactsSook, an alumnus of Ohio University in 1980, founded Nexstar in 1996 af ...
Trump Says China Gave ‘Approval' For TikTok Deal
Forbes· 2025-09-19 16:30
ToplinePresident Donald Trump on Friday said Chinese President Xi Jinping gave “approval” for a deal that would keep TikTok online in the U.S., though Trump did not offer additional details on the talks. A deal is expected to include a controlling stake for billionaire Larry Ellison and Marc Andreessen’s capital venture firm.NurPhoto via Getty ImagesKey FactsTrump, writing on Truth Social following a phone call with Xi, said he and Xi “made progress on many very important issues” and specifically thanked Xi ...
Paramount's Bid For Warner Bros. Discovery: Mission Impossible?
Forbes· 2025-09-19 16:30
The newly formed Paramount Skydance Corporation is rumored to be moving to preemptively acquire Warner Bros. Discovery.NurPhoto via Getty ImagesNearly two months after the merger between Skydance Media LLC and Paramount, the newly formed Paramount Skydance Corporation may be seeking to expand its entertainment empire with a rumored bid for Warner Bros. Discovery (WBD).This news comes on the heels of WBD announcing its plans to separate into two entities - Warner Bros. and Discovery Global - by April 2026, w ...