Let’s dive into the latest scoop on Consolidated Edison, affectionately known by many as ConEd. Now, if you’re the type who appreciates the steady grind of a regulated utility, get comfortable. ConEd just wrapped up a fresh equity offering, snagging a cool $775.67 million from 7 million shares at $110.81 a pop, no discounts involved. […]
So, let’s get straight to it. Legendary fund manager Li Lu once dropped some serious wisdom. He said, ‘The biggest investment risk isn’t price volatility, but whether you’ll suffer a permanent loss of capital.’ When we’re talking risk in a business, we’ve got to start with debt. Too much of it can spell disaster. Tsumura […]
Somewhere in Sydney, Corinne and Peter Collins, a lively Baby Boomer couple, are making a big move. They’re leaving their sprawling five-bedroom house for a snug three-bedroom apartment in Wahroonga. You know, it’s a classic New Yorker move—trading space for convenience and a little extra cash to spice up their golden years. Now, why are […]
The MLP’s appeal for investors isn’t hard to see. If you’re hunting for a solid investment, look no further than Energy Transfer (ET 0.03%). It’s offering a generous distribution hovering around 7.5%. This sweet deal is backed by a financial profile that’ll make you want to double-take. Plus, this master limited partnership (MLP) is not […]
The political drama swirling around State Sen. Sonya Jaquez Lewis has taken another twist. Colorado elections big shots are digging into a campaign finance complaint against her, sparked by The Colorado Sun’s juicy exposé. Apparently, the spotlight turned on the Longmont Democrat after one Cory Gaines—a conservative player in this political chessboard—dropped a dime on […]