Author: Jordan

AbbVie (ABBV 0.22%), spun off from Abbott Laboratories in 2013, has raised its quarterly dividend each year since becoming an independent, publicly traded company. This comes even as the North Chicago, Illinois-based pharmaceutical company has contended with a major headwind : losing major patent exclusivity for its prior flagship drug, Humira. But AbbVie was able to solidify its position thanks to the launches of autoimmune treatment Skyrizi and inflammatory disease treatment Rinvoq. Both helped to counter declining Humira sales, enabling AbbVie to remain a dividend growth stock for over a dozen years. Thanks to anticipated continued growth in Skyrizi and…

Cheaper Buy To Let mortgage range for ‘straightforward’ deals Landlord Today Source link

Bill Ackman has a message for Universal Music Group’s lagging stock price: It’s me, hi, I’m the problem, it’s me. On Tuesday, the enigmatic hedge fund manager proposed a €55 billion (or roughly $63.5 billion) takeover of Universal Music Group, saying he could revive the Amsterdam-based company’s “languished” stock price in large part by moving to America and listing on the New York Stock Exchange. To pull it off, Ackman is proposing a sort of SPAC remix. SPARC Plug Ackman’s hedge fund, Pershing Square, took a 10% stake in the company, which owns the rights to major artists and bands…

Home loan borrowers with loans linked to the repo rate can get some respite as they can enjoy lower interest a little longer because the Reserve Bank of India (RBI) governor Sanjay Malhotra maintained the repo rate at 5.25% at the end of the three-day Monetary Policy Committee (MPC) meeting today (Wednesday, April 8, 2026). But this happiness may not last long as the Central Bank may increase the repo rate in upcoming MPCs. Here’s why. Repo rate- Brief history Date Repo rate (%) Change (%) 07-Feb-25 6.25% -0.25% 09-Apr-25 6.00% -0.25% 06-Jun-25 5.50% -0.50% 06-Aug-25 5.50% 0% 05-Dec-25 5.25%…

The Cayman Islands has amended its regulatory framework for both open and closed-ended investment funds to clarify the status of funds issuing digital representations of investment interests (“Fund Tokens”) to their investors (“Tokenised Funds”). The changes will apply to all Tokenised Funds regulated by the Cayman Islands Monetary Authority (“CIMA”) and have been implemented through amendments to the Mutual Funds Act (as revised) (“MF Act”), the Private Funds Act (as revised) (“PF Act”) and the Virtual Asset (Service Providers) Act (as revised) (“VASP Act”). The key effects of the amendments are: Clarification that issuances of Fund Tokens by Tokenised Funds…

Share current article via EmailShare current article via FacebookShare current article via TwitterShare current article via LinkedInEnter fullscreen mode displaying this image.ExpandPlatinum (Dorothy Kgosi) Platinum fell for a third straight day on Wednesday as a result of profit‑taking after recent gains, softer industrial demand — particularly from the automotive sector — and lingering weak sentiment across metal markets since the Iran war began. Source link

“You’d be forgiven for thinking you are “falling behind” when social media acts as a conveyor belt of Swiss watches, Italian cars and 5 star holidays, all from the proceeds of property and entrepreneurship,” Corbett said. “But buy-to-let is not simply a residential mortgage with tenants attached. It is a commercially assessed, tax-sensitive and increasingly scrutinised form of borrowing.” Corbett added that younger prospective clients often arrive with misconceptions about buy-to-let borrowing. “I thought I could get a mortgage with a 5% deposit,” he said, describing the most common misconception he hears. “Can’t I just use a mortgage from a comparison site?” The…

A new national survey suggests most Canadians, including those in Airdrie, are keeping up with mortgage payments. Still, many are feeling financial strain and cutting back on spending to manage costs. According to a 2026 Mortgage Sentiment Survey conducted by True North Mortgage in partnership with Angus Reid, 83 per cent of respondents reported they have never missed a mortgage payment, while 11 per cent said they have not missed a payment but have struggled at times. Three per cent said they have missed one payment, and another three per cent reported missing more than one, the report found. The…

Crude oil prices tank to under $95/bbl after Trump’s two-week ceasefire deal with Iran, COMEX gold up 3% Upstox Source link

TSB Mortgage Rates mpamag.com Source link