Shutterstock By now you may have heard about the huge dividends and soaring price gains offered by closed-end funds (CEFs). But here’s something that will probably surprise you: you can lock in even bigger—and safer—income streams (I’m talking 7%+ dividends), plus massive upside with smaller CEFs. I know that sounds counterintuitive, and quite the opposite
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The “Fast Money” traders shared their first moves for the market open. Dan Nathan was a seller of the Financials ETF. Brian Kelly was a buyer of SPRD Gold Shares. Karen Finerman was a buyer of Citigroup. Guy Adami was a buyer of JetBlue. Trader disclosure: On June 21, 2018, the following stocks and commodities
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The sustainability practice of a large European asset management firm is banning investments in Facebook shares. Nordea’s head of group sustainable finance Sasja Beslik explained the decision on social media Thursday. “Nordea has decided to exclude Facebook from the Nordea Stars Funds’ investments,” he said in a tweet. The company’s Stars Funds invest in firms
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Check out the companies making headlines before the bell: BlackBerry – BlackBerry reported adjusted first-quarter profit of 3 cents per share, compared to analysts’ expectations of a breakeven quarter. The software and services company also saw revenue top estimates. Medtronic – The medical device maker announced a 9 percent increase in its quarterly dividend to
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Actor Nikolaj Coster-Waldau may be best known as Jaime Lannister on “Game of Thrones,” but away from the HBO series he is involved with many humanitarian causes. One of the Dane’s latest projects is raising awareness of conservation as a goodwill ambassador for the United Nations Development Programme (UNDP). On Thursday, UNDP announced the launch
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Canadian software maker BlackBerry on Friday reported quarterly revenue and profit that topped analysts’ estimates, driven by strong growth in its high-margin software and services business. U.S.-listed shares of BlackBerry rose 2.6 percent to $11.89 in premarket trading. The Waterloo, Ontario-based company said revenue from its enterprise software and services business rose 18 percent to
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