So long Q1, it's been good to know ya. What's the outlook for April and the rest of the year?
25 Dividend Stocks You Can Buy and Hold Forever
More positive than negative, actually, for the immediate future. The Trump bump lost some momentum in March thanks to the GOP failure to repeal Obamacare, but both markets and corporate results delivered solid results in the first quarter. Hospital stocks rallied. Meanwhile, year-over-year quarterly profit growth is projected to have hit a multi-year high. And we haven't gotten to earnings season yet.
The technology heavy Nasdaq Composite led all comers with a 10% gain, setting record highs in Q1. The Standard & Poor's 500-stock index added 6%, while the blue-chip Dow Jones Industrial Average gained 5%. It was the Dow's sixth consecutive quarterly gain, its longest streak since 2006. The Russell 2000 index of small companies rose 2%.
Hot High Tech Stocks To Watch Right Now: U.S. Bancorp(USB)
U.S. Bancorp, incorporated on April 2, 1929, is a multi-state financial services holding company. The Company operates through its banking subsidiary, U.S. Bank National Association, which is engaged in the general banking business in domestic markets. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machines (ATM) processing, mortgage banking, insurance, brokerage and leasing.
U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Company's domestic markets, to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company. Its lending services include traditional credit products, as well as credit card services, leasing financing and import/export trade, asset-backed lending, agricultural finance and other products. The Company's depository services include checking accounts, savings accounts and time certificate contracts. Ancillary services, such as capital markets, treasury management and receivable lock-box collection are provided to corporate customers. U.S. Bancorp's bank and trust subsidiaries provide a range of asset management and fiduciary services for individuals, estates, foundations, business corporations and charitable organizations. Other U.S. Bancorp non-banking subsidiaries offer investment and insurance products to the Company's customers within its markets, and fund administration services to a range of mutual and other funds.
The Company's provides banking and investment services through a network of approximately 3,130 banking offices operating in the Midwest and West regions of the U! nited States, through online services and over mobile devices. The Company operates a network of approximately 4,940 ATMs and provides around the clock telephone customer service. Its mortgage banking services are provided through banking offices and loan production offices throughout the Company's markets. The Company's lending products are originated through banking offices, indirect correspondents, brokers or other lending sources. The Company is a provider of corporate and purchasing card services and corporate trust services in the United States. The Company's subsidiary, Elavon, Inc. (Elavon), provides merchant processing services directly to merchants and through a network of banking affiliations. The Company also provides corporate trust and fund administration services in Europe.
Lending Activities
The Company's loan portfolio amounts to approximately $260.8 billion. The Company's commercial loans amount to approximately $88,400 million. Its commercial real estate loans, which include commercial mortgages and construction and development loans, amount to approximately $42,140 million. Its residential mortgages amount to approximately $53,500 million. The Company's other retail loans, which include retail leasing, home equity and second mortgages and other retail loans amount to approximately $51,210 million. Its credit card loans amount to approximately $21,010 million.
Investment Activities
The Company uses its investment securities portfolio to manage enterprise interest rate risk, provide liquidity, generate interest and dividend income, and as collateral for public deposits and wholesale funding sources. The Company's investment securities amount to approximately $105.6 billion. The Company's investment securities portfolio includes the United States Treasury and Agencies, which amount to approximately $4,600 million; mortgage-backed securities, which amount to approximately $50,690 million; asset-backed securities, which amount to approxi! mately $5! 60 million; obligations of state and political subdivisions, which amount to approximately $5,316 million, and other debt securities, which amount to approximately $610 million.
Sources of Funds
The Company's sources of funds include deposits and borrowings. The Company's deposits amount to approximately $300.4 billion. Its non-interest-bearing deposits amount to approximately $83,770 million. Its interest-bearing deposits amount to approximately $216,630 million. The Company utilizes both short-term and long-term borrowings as part of its asset/liability management and funding strategies. Short-term borrowings, which include federal funds purchased, commercial paper, repurchase agreements, borrowings secured by high-grade assets and other short-term borrowings, amount to approximately $27.9 billion. Its long-term debt amounts to approximately $32.1 billion.
Advisors' Opinion:- [By Joseph Griffin]
WARNING: “U.S. Bancorp (USB) Holdings Raised by Clearstead Advisors LLC” was published by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/4200511/u-s-bancorp-usb-holdings-raised-by-clearstead-advisors-llc.html.
- [By Dan Caplinger]
Even so, the issue remains controversial. Alternative Harvest had a similar problem, initially having U.S. Bancorp (NYSE:USB) act as custodian, administrator, and transfer agent. But last September, the fund changed its custodian to L.A.'s Wedbush Securities, passing off other responsibilities to specialist institutions. It's likely that future marijuana ETFs will follow a similar path, seeking to use institutions that aren't traditional banks but that can still act as custodians under U.S. Securities and Exchange Commission rules.
Hot High Tech Stocks To Watch Right Now: Advantest Corporation (Kabushiki Kaisha Advantest) ADS(ATE)
Alten SA is a France-based company that provides technology consulting and engineering services, as well as information technology (IT) and network services. The Company's activities include designing, developing and manufacturing new products and systems, as well as provision of services related to setting up and restructuring information systems and service platforms. The Company's main clients are the technical and IT divisions of telecommunications companies, telecom equipment makers, electrical and electronic equipment manufacturers, and companies in the aviation, aerospace, defense, transport, process, and services industries. The Company has such subsidiaries as Geci Engineering, CV CPrime and cPrime inc, among others. Advisors' Opinion:- [By Joseph Griffin]
Antibe Therapeutics Inc (CVE:ATE) Director Nicolas Bourgeois bought 100,000 shares of Antibe Therapeutics stock in a transaction on Tuesday, September 18th. The shares were acquired at an average price of C$0.26 per share, for a total transaction of C$26,000.00.
Hot High Tech Stocks To Watch Right Now: Minerva Neurosciences, Inc(NERV)
We are a clinical-stage biopharmaceutical company focused on the development and commercialization of a portfolio of product candidates to treat patients suffering from central nervous system, or CNS, diseases. Leveraging our scientific insights and clinical experience, we have acquired or in-licensed four development-stage proprietary compounds that we believe have innovative mechanisms of action and therapeutic profiles that can potentially address the unmet needs of patients with these diseases. Our product portfolio and potential indications include: MIN-101 for the treatment of schizophrenia; MIN-202 (also known as JNJ-42847922), which we are co-developing with Janssen Pharmaceutica NV, or Janssen, for the treatment of insomnia disorder and adjunctive major depressive disorder, or MDD; MIN-117 for the treatment of MDD; and MIN-301 for the treatment of Parkinson's disease. Advisors' Opinion:
- [By Motley Fool Transcribers]
Minerva Neurosciences Inc (NASDAQ:NERV)Q4 2018 Earnings Conference CallMarch 12, 2019, 8:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Shane Hupp]
AnaptysBio (NASDAQ: NERV) and Minerva Neurosciences (NASDAQ:NERV) are both medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.
Hot High Tech Stocks To Watch Right Now: National Grid Transco, PLC(NGG)
National Grid plc, incorporated on July 11, 2000, is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company's segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and UK liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain's gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York. Its other activities relate to non-regulated businesses and other commercial operations not included within the above segments, including the United Kingdom gas metering activities; the Great Britain-France Interconnector; the United Kingdom property management; a United Kingdom LNG import terminal (National Grid Grain LNG Limited); the United States LNG operations; the United States unregulated transmission pipelines; together with corporate activities.
UK Electricity Transmission
The Company owns and operates the electricity transmission network in England and Wales, with day-to-day responsibility for balancing supply and demand. The Company operates but do not own the Scottish networks. Its networks comprise approximately 7,200 kilometers (over 4,470 miles) of overhead line, approximately 1,500 kilometers (over 930 miles) of underground cable and approximately 340 substations.
UK Gas Transmission
The Company owns and operates the gas national transmission system in Great Britain, with day-to-day responsibility for balancing supply and demand. Its network comprises approximately 7,660 kilometers (over 4,760 miles) of! high pressure pipe and approximately 20 compressor stations. The gas throughput across the system is over 80 billion cubic meters.
UK Gas Distribution
The Company owns and operates approximately four gas distribution networks comprising over 131,000 kilometers (over 81,400 miles) of pipeline. The Company transports gas from the national transmission system to approximately 10.9 million consumers on behalf of approximately 40 shippers.
US Regulated
The Company jointly owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island and Vermont. It owns and operates electricity distribution networks in upstate New York, Massachusetts and Rhode Island. The assets it operates include over 170 kilometers (approximately 110 miles) of underground cable, over 490 transmission substations and approximately 690 distribution substations. It owns and operates gas distribution networks across the northeastern United States, located in upstate New York, New York City, Long Island, Massachusetts and Rhode Island. The Company forecasts, plans for and procures over 20 billion standard cubic meters of gas each year.
Advisors' Opinion:- [By Maxx Chatsko]
Investors would be forgiven for overlooking National Grid (NYSE:NGG) when evaluating utility stocks. Over half of the company's asset base is located in the United Kingdom, along with its corporate headquarters. That means it reports financial performance in pounds, and it's a lot easier to avoid currency conversions and the painful effects of currency exchange rates, which have significantly weighed on the business in recent years thanks to a strong U.S. dollar.
- [By Anders Bylund, Timothy Green, and Brian Feroldi]
So we asked a few Motley Fool contributors to share some alternatives to GM's attractive dividend yields. Read on to see why our panelists recommended Pitney Bowes (NYSE:PBI), National Grid (NYSE:NGG), and AT&T (NYSE:T).
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