Right now, 3M (NYSE: MMM) and Stanley Black & Decker (NYSE: SWK) are both trading with historically high yields, suggesting they are cheaply priced. Stanley Black & Decker's yield is around 3.3% today. 3M's dividend yield is roughly 4%.
Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings, its core asset, performing well over the quarter. Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can monetise its huge holding in Arm. The share price of Britain-based Arm, in which SoftBank has a 90% stake, roughly doubled in February after strong earnings results stoked investor excitement over Arm's anticipated gains from the adoption of generative artificial intelligence (AI), but Arm's share price does not feed into SoftBank's profit as it is a wholly-owned subsidiary.
Q1 2024 Playtika Holding Corp Earnings Call
BBC Wales' Lucy Owen on her mum's regrets at taking no notice of bowel cancer test offers.
STORY: OpenAI plans to announce its own artificial intelligence-powered search product on Monday.That's according to sources familiar with the matter.It's a move that would raise the stakes in OpenAI's ability to compete with search giant Google.The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that the Microsoft-backed AI firm is working on a search product to potentially rival Google, and Perplexity, a billion-dollar AI search start-up.OpenAI declined to comment.The company may be timing its announcement a day before the Tuesday start of Google's annual developer conference, where the tech titan is expected to unveil a slew of AI-related products.According to Bloomberg, OpenAI's search engine is based on its flagship ChatGPT product, but able to pull in direct information from the Web and include citations. ChatGPT is OpenAI's chatbot that uses the company's cutting-edge AI models to generate human-like responses to text prompts.Industry observers have long called it an alternative for gathering online information, though it has struggled with providing accurate and real-time data from the Web. An integration with Microsoft's Bing search engine was launched last year for paid subscribers.
The U.S. dollar steadied in Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a cooling labour market and hence higher odds of Fed rate cuts this year. Against the Japanese yen, the dollar was trading at 155.615 yen, off lows but unable to reclaim Thursday's 155.95 high. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was just a tad higher at 105.28.
Q2 2024 Liquidity Services Inc Earnings Call
Volunteers experience delays including with sourcing of oak trees for the 7th Century recreation.
A Ukraine drone attack set an oil refinery in Russia's Kaluga region on fire, RIA state news agency reported on Friday, citing emergency services sources. Vladislav Shapsha, governor of the Kaluga region which borders the broader Moscow region, said on the Telegram messaging app that the fire was promptly extinguished. RIA reported that three containers with diesel fuel and one with fuel oil were consumed by the fire at the Pervyi Zavod refinery in Kaluga.
Lancashire County Council says residents have made it "abundantly clear" they want road improvements.
A branch of TSB was the scene of a security van robbery that saw "Fast" Eddie Maher flee to the US.
Barclays customers in Blackburn say the closure of the town's branch is disappointing.
Q1 2024 Advantage Solutions Inc Earnings Call
The new immersive, indoor gaming hub at serpentine Green in Hampton is currently underway.
Q1 2024 F&G Annuities & Life Inc Earnings Call
Nene Valley Railway is hoping to raise £300,000 to deal with "stark financial challenges".
The injured halfback has addressed some big talking points at Brisbane. More here.
Q1 2024 Townsquare Media Inc Earnings Call
Pasco has recalled 104,000 packs of sliced bread after rat remains were found in its products.
Wallace Thompson says some members of unionist parties and the loyal orders support his position.
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