Friday, 25 November 2022, 17:27:05
The person whose tweet about ‘Insulin is free’ from a parody account of Eli Lilly goes public by sharing a video. The tweet caused the stock price of the company to fall.
— Economic Times India
Friday, 25 November 2022, 13:43:29
(Reuters) – Twitter plans to roll out its verified service next Friday with different colored checks to individuals, businesses and governments, after a failed initial launch led to a surge in users impersonating celebrities and brands on the platform. And CEO Elon Musk on Friday assigned colors to the categories — gold for corporations, gray for governments and check blue for individuals including celebrities. “Painful, but necessary,” he said, adding that verified accounts will have to be manually authenticated before the check is activated. He said in another tweet on Friday that the revamped $8-a-month service will allow individuals to have a smaller secondary logo for their organizations if they get verified by them. “Prepare an explanation next week.” The social media platform on Monday delayed its relaunch to make it foolproof as the service is expected to help Twitter boost revenue at a time when Musk is trying to retain advertisers after buying the company last month for $44 billion.
— Lanka Times
3 Reasons to Turn Any LLY Stock Skeptic Into a Believer
Friday, 25 November 2022, 12:00:46
How many reasons do you need to consider Eli Lilly (NYSE: LLY ) stock? You can point to Eli Lilly’s financial figures, or the performance of the shares in a time when other assets lost value. Or, you could consider the dividends and Eli Lilly’s expansive clinical pipeline. Any or all of these reasons should be enough to turn any skeptic into a believer. Eli Lilly is one of those companies that your parents and grandparents might invest in. They probably were looking for relative safety and slow growth, not fast gains. Is it possible to achieve low volatility and impressive growth in the same asset, though? If you’re unsure, check out Eli Lilly’s stats and you’ll see what a “total package” investment looks like. LLY Eli Lilly $361.72 The Rundown on LLY Stock First of all, there’s no denying that LLY stock outperformed many other large-cap stocks in 2022 through mid-November. We discovered that the shares gained 33% year-to-date as of Nov. 18 – not too shabby during a year of “sticky” inflation and recession threats.
BlackRock Sustainable American Income Trust NAV increased by 5.9%
Friday, 25 November 2022, 08:16:36
BlackRock Sustainable American Income Trust plc (LON:BRSA) has announced its latest portfolio update. All information is at 31 October 2022 and unaudited Click here to learn more about BlackRock Sustainable American Income Trust plc Performance at month end with net income reinvested One Month Three Months Six Months One Year Three Years Five Years Net asset value 5.9% 0.3% 1.3% 7.4% 33.1% 54.0% Share price 2.3% -2.7% -4.1% 3.6% 21.0% 53.5% Russell 1000 Value Index 6.9% 3.1% 5.6% 10.7% 38.9% 63.3% At month end Net asset value – capital only: 212.35p Net asset value – cum income: 213.27p Share price: 197.50p Discount to cum income NAV: 7.4% Net yield 1 : 4.1% Total assets including current year revenue: £171.1m Gearing: 2.5% Ordinary shares in issue 2 : 80,229,044 Ongoing charges 3 : 1.1% 1 Based on four quarterly dividends of 2.00p per share declared on 22 March 2022, 11 May 2022, 4 August 2022 and 2 November 2022 for the year ended 31 October 2022 and based on the share price as at close of business on 31 October 2022. ² Excluding 20,132,261 ordinary shares held in treasury. ³ The Company’s ongoing charges calculated as a percentage of average daily net assets and using the management fee and all other operating expenses excluding finance costs, direct transaction costs, custody transaction charges, VAT recovered, taxation and certain non-recurring items for the year ended 31 October 2021.
Goldman Sachs says the S&P 500 will remain flat through 2023. Here’s their 5-step playbook for finding returns — and avoiding crippling losses — next year
Thursday, 24 November 2022, 17:25:00
Goldman Sachs forecasts the S&P 500 will stay at around 4,000 in 2023. But opportunities for returns still exist, said a team of strategists. They shared specific sectors and stocks they think will outperform next year. Strategists at Goldman Sachs don’t have much faith in the stock market for 2023. In a note to clients on Monday, the bank’s Chief US Equity Strategist David Kostin and a team of his colleagues put a price target of 4,000 on the S&P 500 for next year, which is right around the index’s current level. Their call assumes the Federal Reserve can achieve a soft landing, where they succeed in bringing down inflation without sending the US economy into a recession. If a recession does unfold, however, Kostin sees the S&P 500 falling to 3,150. Foto: Goldman Sachs Even though his base case is a soft landing, Kostin cited a likely decline in earnings due to rising interest rates as his reasoning for his neutral view for 2023. But while he thinks any return from the broader market is improbable, opportunities still remain, he said.
— Business Insider Nederlands
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