RDIV

Weekly Report: what happened at RDIV last week (0415-0419)?

What's Going On With PNC Financial Shares Today?

PNC Financial Services Group Inc reported a revenue decline of 8% Y/Y to $5.15 billion in the first quarter of FY24. The bank missed the consensus estimate for revenue. PNC also reported lower net interest income and noninterest income. The company returned $0.8 billion to shareholders.

Weekly Report: what happened at RDIV last week (0408-0412)?

RDIV: Contrarian Dividend Play Investors Have Reasons Not To Buy Into

Invesco S&P Ultra Dividend Revenue ETF (RDIV) is a large-cap, high-yield, grossly underpriced, top-quality company with unappealing growth characteristics. In August 2023, the author gave RDIV a Hold rating. RDIV's underlying index has been rebalanced three times since then. The portfolio comprises mostly large-caps and companies with low growth and value characteristics.

Why Ford Motor Shares Are Falling Today

The National Highway Traffic Safety Administration initiated an investigation into the recall of 42,652 Ford SUVs. The company recalled the Bronco Sport and Escape vehicles in the U.S. Due to fuel leak risks potentially causing fires. Ford plans to incorporate fuel injector leak detection into the engine control software.

What's Going On With Ford Shares After It Recalled 42,652 Bronco Sport & Escape vehicles?

Ford Motor Company will recall 42,652 Bronco Sport and Escape vehicles in the U.S. Due to broken fuel injectors that may leak and induce a fire. Earlier in January, the auto behemoth recalled 2.24 million older Explorer sport utility vehicles worldwide. F stock has gained over 3% in the past year.

Ally Financial Gets Boost: Analyst Upgrade Predicts Less Volatility, More Growth

BofA Securities analyst Brandon Berman upgraded Ally Financial Inc. To Buy from Neutral. The analyst raised the price target to $46 from $42. Berman expected the recent balance sheet initiatives to help reduce future earnings volatility. Investors can gain exposure to the stock via Invesco.

Weekly Report: what happened at RDIV last week (0401-0405)?