1 Bank to Own in this Low-Rate, Low-Loan-Growth Environment
Because loan growth is such a struggle and rates are so low, it's good to find banks with strong fee income businesses.
Because loan growth is such a struggle and rates are so low, it's good to find banks with strong fee income businesses.
The board of directors of Brazilian state-run oil company Petrobras is scheduled to meet on Friday, but a much-awaited discussion on extra dividends will not be on the agenda, four sources familiar with the matter told Reuters. Market participants have been eagerly awaiting a decision on whether the oil giant will pay out the extraordinary dividends relative to its 2023 results or not, but the final word will likely come next week when shareholders gather for a general assembly, the sources said. Petrobras' board in March voted to set aside 43.9 billion reais ($8.39 billion) to pay out in extra dividends in the future, with Brazil's government - which controls the company and its board - hoping it would be able to reinvest that cash.
The Austrian team is going to next year's Club World Cup in the United States. Salzburg secured the last of 12 spots for European clubs thanks to Bayern Munich completing a 3-2 aggregate win over Arsenal in the Champions League quarterfinals on Wednesday.
An initiative introduced earlier this month by the federal government will have a positive impact on Albertan children, including many in our region. Those are the thoughts of Alberta Food Matters chair Wanda Laurin, who says providing proper nutrition to children will help them to function better in school and their personal lives. “We are staring a health epidemic in the face,” says Laurin, who notes there are many diseases taking root in Canadians that are all associated with the food they co
Marcell Ozuna hit his major league-leading eighth homer and Orlando Arcia’s RBI single in the 10th inning lifted the Atlanta Braves to a 5-4 win over the Houston Astros on Wednesday. It completes a three-game sweep of the struggling Astros and is Atlanta’s fourth straight victory. The Braves scored two runs in the eighth inning to tie it at 4-4.
As US gas prices continue their upward trajectory, the issue has become "a polarizing number," according to GasBuddy's Head of Petroleum Analysis Patrick De Haan. He joins Market Domination Overtime alongside Yahoo Finance's Rick Newman to discuss the underlying factors. De Haan notes that the average gas price has increased by over 60 cents from the January lows, and could reach $3.70 in the next couple of days as the summer season approaches. However, he believes prices are nearing "the potential end of the spring rally." Importantly, De Haan highlights the political significance of gas prices, particularly ahead of the upcoming election. If prices were to go above the $4 per gallon threshold, De Haan believes it could negatively impact President Biden's approval numbers, calling it a "danger zone" from a political standpoint. Furthermore, De Haan identifies fragmentation as one of the key drivers behind persistently higher gas prices. The fact that different regions use various gasoline blends, all under the control of various entities, creates an environment that "could use improvement" and contributes to the elevated prices seen across the country. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
The Sault Ste. Marie YMCA is in the process of listing its long-standing recreation centre, located at 235 McNabb St., for sale and will be shutting down all programs on May 15. YMCA officials made this surprise announcement through a Tuesday afternoon press release, revealing that they came to this "extremely difficult decision" because of "increased operational costs, coupled with inflation and a slow return to pre-COVID levels of participation." “These decisions were not made lightly and are
MANCHESTER, England (AP) — The Champions League quarterfinals second leg between Manchester City and Real Madrid has gone to a penalty shoot out after ending in a 1-1 draw through extra time at Etihad Stadium on Wednesday. The match was tied 4-4 on aggregate after the first leg ended 3-3 in Madrid last week. Rodrygo fired 14-time champion Madrid ahead in the 12th minute with a twice-taken effort from close range to beat City goalkeeper Ederson on the rebound. City dominated the game from then on
Mikel Arteta’s key selection decisions had a positive impact for the Gunners but it was not enough
One Halifax-bound lane on the MacKay Bridge has been closed after maintenance crews discovered a crack in a support truss during routine work on Wednesday.A spokesperson for Halifax Harbour Bridges said that while the crack is cause for concern, the safety of the bridge has not been compromised."It's something that we wanted to get some people in to look at and see what needs to be done, because it's not the way that it's supposed to be," said Steve Proctor."And so we had a team looking at it an
Mariel Tyler/NBAE via Getty ImagesJoe Biden subtly called out the WNBA for Caitlin Clark’s lowball rookie salary, writing Tuesday that “it’s time that we give our daughters the same opportunities as our sons and ensure women are paid what they deserve.”That statement, posted to X, didn’t mention Clark by name, but it was clear that the budding superstar—and her measly first-year WNBA salary of $76,535—were the reason behind his comments. Since its inception in 1996, the WNBA has never come close
Surveyed investors are at their most bullish in two years, with 78% considering a global recession to be unlikely, BofA found.
The airport, which serves as a major hub for connecting flights to every continent, warns "recovery will take some time".
Arsenal crashed out of the Champions League with a narrow defeat at Bayern Munich, leaving their season on the brink of collapse after a painful few days.
It was the first time in almost 150 years the chamber had considered a US cabinet secretary's impeachment.
Sir Keir Starmer has vowed to sack anyone found to have briefed against his advisers amid a row over claims he is being advised by a “boys’ club”.
The Buffalo Broadcasters Association announced its Hall of Fame class of 2024 on Wednesday. The dinner will be held September 19 at Samuel's Grande Manor in Williamsville.
USF golfer Shubham Jaglan used the long road to find his way to Tampa. Born in India, he started playing golf at age six. He enrolled in a local golf academy, but it shut down due to financial constraints. To help sharpen his skills, Jaglan practiced on a homemade putting green in his backyard and watched instructional golf videos on YouTube.
Peace River Regional Women’s Shelter is hosting their annual Used Book Sale fundraiser starting at the end of May, and they would appreciate some help gathering used books to sell. Women’s Shelter family violence prevention advocate Nadine Kamieniecki says the fundraiser will be held May 31 from 4-8 p.m., June 1 from 10 a.m. to 4 p.m., and June 2 from noon until 4 p.m. “(We have this fundraiser) annually in the spring, this is our third annual book sale,” says Kamieniecki. “This is our only runn
The first emergency calls came in at 2:55 p.m. on Aug. 8, the report said. The first responders were no match for the embers whipped downslope by winds from a passing hurricane, and the fires quickly engulfed and destroyed most of Lahaina, the former capital of the Hawaiian kingdom, killing 101 people, according to the official tally. Hawaii Attorney General Anne Lopez called the report 'phase one' of the findings by the Maryland-based Fire Safety Research Institute.
Las Vegas Sands (LVS) is moving lower in after-hours trading on Wednesday despite posting a gain of almost 40% in revenue for the quarter compared to the same time last year with $2.96 billion from $2.12 billion last year. The first quarter report did, however, show weakness in Macau as the numbers from that location missed Wall Street expectations. Shares of Alcoa (AA) are moving slightly higher in after-hours trading as the company posted its first-quarter report, posting $2.6 billion in revenue, in-line with the analyst consensus estimate of $2.56 billion. The company did report an adjusted loss of $0.81 per share, missing estimates of of $0.64 per share loss. Yahoo Finance's Julie Hyman takes a closer look at the stocks moving after the market close. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino