Medical Properties Trust (MPW) stock is cheap: Buy the 15% yield?

Medical Properties Trust (NYSE: MPW) stock price has been in a strong downward trend in the past few months as interest rates continue rising. The shares have crashed by 57.64% in the past 12 months and by 33.40% this year. This decline has seen its forward dividend yield jump to 15.10%. Rising interest rates Medical… Continue reading Medical Properties Trust (MPW) stock is cheap: Buy the 15% yield?

Tesco chairman to step down amidst claims of misconduct

John Allan – Chairman of Tesco PLC (LON: TSCO) will step down at the company’s annual meeting with the investors on June 16th, the supermarket chain confirmed on Friday. Allan denies claims of misconduct The announcement arrives only days after a report said four women have alleged Allan of inappropriate conduct. Allan has strongly denied… Continue reading Tesco chairman to step down amidst claims of misconduct

Deere Q2 earnings: ‘ag space will be a growth story for a long time’

Shares of Deere & Company (NYSE: DE) are trading up this morning after the equipment maker reported its financial results for the second quarter that handily topped Street estimates. Deere stock up on raised guidance Investors are cheering also because the industrial giant cited “healthy demand” and raised its guidance for the full-year net income… Continue reading Deere Q2 earnings: ‘ag space will be a growth story for a long time’

Foot Locker trims guidance citing ‘aggressive markdowns’

Foot Locker Inc (NYSE: FL) opened nearly 25% down on Friday after reporting worse than expected results for its first financial quarter. Foot Locker stock crashes on weak outlook The retail stock is crashing also because the shoe company trimmed its guidance for the full year on headwinds including a changing vendor mix. Foot Locker… Continue reading Foot Locker trims guidance citing ‘aggressive markdowns’

British telecom giant BT Group to cut over 40% of its workforce

BT Group (LON: BT.A) is in focus today after announcing plans of lowering its headcount by more than 40% by the end of this decade. BT to cut about 55,000 jobs in total On Thursday, the British multinational said it will trim roughly 55,000 jobs in total over the next five to seven years. Nearly… Continue reading British telecom giant BT Group to cut over 40% of its workforce

Is Metacade a good bet in May? All about MCADE price action amid bullish Bitcoin metrics

Metacade (MCADE) started listing on major exchanges in early April. The first exchange that the token listed was the decentralised exchange Uniswap. Listings on BitMart and MEXC Global quickly followed that. The listing was influential as the token rose strongly from the final presale value of $0.020 to above $0.045. That underlined investor demand for… Continue reading Is Metacade a good bet in May? All about MCADE price action amid bullish Bitcoin metrics