Latest news with #U.S.
CNA
2 hours ago
- Business
- CNA
Dollar gains on euro as traders bet on less dovish Fed
NEW YORK :The dollar gained against the euro on Wednesday as traders bet that the Federal Reserve may be less likely to cut rates two times this year following an uptick in consumer prices in June, even though producer price inflation data on Wednesday was steady. U.S. producer prices were unexpectedly unchanged in June as an increase in the cost of goods because of tariffs on imports was offset by weakness in services. Tuesday's release showed U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting U.S. President Donald Trump's tariffs were starting to have an impact on inflation. 'Yesterday's reaction to the inflation data was very positive for the U.S. dollar overall,' said Eric Theoret, FX strategist at Scotiabank in Toronto. 'We're seeing an extension of the month-to-date move.' Fed funds futures traders are now pricing in 44 basis points of cuts by year-end, little changed after Wednesday's data but down from around 48 basis points before Tuesday's consumer price data. The dollar is also likely benefiting from traders that have been short the currency having to exit or cover positions as it rebounds from its recent lows. 'This is a market where you've got sentiment and positioning leaning pretty hard the other way, so I think from that perspective, it's also a bit vulnerable,' said Theoret. The euro was last down 0.23 per cent on the day at $1.1572, the lowest since June 23. Against the Japanese yen, the dollar weakened 0.03 per cent to 148.81. It earlier reached 149.18 yen, the highest since April 3. Sterling fell 0.04 per cent to $1.3373 and reached $1.3361, the lowest since May 20. Investors continue to focus on tariffs ahead of an August 1 deadline when many trading partners face higher trade levies. Trump on Tuesday said the U.S. would impose a 19 per cent tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals. In Japan, investors are focused on a potential power shift in upper house elections this weekend that could strain already frail finances, with long-dated yields soaring to all-time highs as the vote nears. A longer-term negative for the U.S. dollar is also the likelihood that Fed Chair Jerome Powell's successor after his term ends in May could be more inclined to lower interest rates. Trump has railed against Powell for months for not easing rates and the Trump administration has also criticised cost overruns on a $2.5 billion renovation of the Fed's Washington headquarters.
Globe and Mail
3 hours ago
- Business
- Globe and Mail
Reynolds Consumer Products to Report Second Quarter Financial Results on July 30, 2025
Reynolds Consumer Products Inc. (Nasdaq: REYN) (the 'Company') announced it will report second quarter financial results on Wednesday, July 30, 2025. The Company's President and Chief Executive Officer, Scott Huckins, and Chief Financial Officer, Nathan Lowe, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) that same day. A link to the webcast and all related earnings materials will be available at About Reynolds Consumer Products Inc. Reynolds Consumer Products is a leading provider of household essentials designed to simplify daily life, so consumers can enjoy what matters most. Found in 95% of U.S. homes, the Company offers trusted solutions for cooking, cleanup, food storage, and more. Its portfolio features iconic brands like Reynolds Wrap® aluminum foil and Hefty® trash bags and disposable tableware, along with store brand products tailored to retail partners. Reynolds holds the No. 1 or No. 2 market share in most of the categories it serves. Learn more at:
Forbes
3 hours ago
- Business
- Forbes
Scaling A Niche Tech Business Without Venture Capital
Zeydulla Khudaverdiyev is the founder of PITS Global Data Recovery Services. In today's startup world, headlines are dominated by venture capital raises, unicorn valuations and pitch deck success stories. But outside of the spotlight, there's a different kind of business story. One that doesn't begin with a funding round but with a customer problem, a technical skill set and a deep commitment to solving something hard. That's the path we took when we founded PITS Global Data Recovery Services, a company that now operates advanced data recovery labs across the U.S., U.K. and Germany. We didn't raise capital. We didn't go viral. We built slowly, quietly and relentlessly by bootstrapping every step of the way. When we started, data recovery wasn't glamorous. It didn't attract big investors or make headlines. In fact, it was often viewed as too technical, too risky and too niche. That's exactly why we pursued it. We recognized early that data recovery isn't optional, but it's essential. Hospitals, law firms, media companies, universities and local governments all rely on data they can't afford to lose. We didn't invent a new market. We committed to mastering one that already existed and was underserved. What most missed was this: People will always value trust, expertise and real results, especially when they have a critical need. And that can apply to nearly any niche tech business. Growing Without Investors: The Discipline Advantage Without funding, we had to be creative. Every dollar we earned went back into the business. Our first cleanroom setup came from stretching our budget to the limit. Instead of hiring fast, we trained deeply. Every engineer had to go beyond certification. They had to solve real-world cases under pressure. That focus on technical excellence became our mantra. Marketing was lean. We didn't have the budget to run massive ad campaigns. So, we told stories. We shared real case studies with no exaggerations or gimmicks. People began to trust us because we showed them exactly how we worked and what they could expect. We also invested in content, SEO and building a strong local presence. Over time, our web traffic became one of our greatest assets. We weren't just getting clicks. We were earning trust from people who needed help right away. Scaling From A Single Lab To Global Reach Most people assume bootstrapped means small. But discipline creates growth. We scaled not by spending but by systematizing. We built our own tools to manage diagnostics, parts matching and customer communication. We streamlined logistics to handle device shipping across states and countries. We implemented strict standard operating procedures to ensure consistent outcomes in every location. This allowed us to grow sustainably, adding labs in New York, Los Angeles, London and Düsseldorf. Lessons From The Lab These lessons are forged from years in the trenches, solving high-stakes data loss cases without outside funding. Next, I outline the key takeaways that have helped us grow sustainably, build customer trust and operate with resilience. Whether you're bootstrapping your own venture or navigating a crowded niche, these insights will serve as a practical guide. 1. Niches are deeper than they look. Many entrepreneurs chase what's popular. But unsexy problems often hide massive opportunities. For example, data recovery is a niche, but every person and company depends on data. You don't need a billion users. You need deep problems that you could solve better than anyone else. 2. Bootstrapping creates clarity. When your cash is limited, you don't waste time. Every decision becomes sharper. You don't experiment wildly. You refine deliberately. This kind of discipline builds a culture of ownership in your team. Everyone knows their work matters. 3. Reputation is your best currency. Referral programs aren't necessary if your clients recommend you to their peers. One successful case can lead to five more. Reputation, when earned, becomes more powerful than any marketing budget. 4. Infrastructure scales more than people do. Invest early in building repeatable systems. Growth comes not from throwing people at problems but from designing resilient processes that can scale without lowering quality. Venture-Backed Isn't The Only Way There's nothing wrong with raising capital. But there's also no rule that says it's the only path to building a successful tech business. In fact, for niche, technical or operations-heavy companies, bootstrapping can be an advantage. You stay closer to your customers. You develop stronger internal processes. You learn to solve problems without just throwing money at them. And most importantly, you build something real—something that lasts. We didn't start with capital. We started with a broken hard drive, a clean desk and a belief that every bit matters. That belief still guides us today—and it can guide you, too. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Yahoo
4 hours ago
- Business
- Yahoo
3 Dividend Stocks Yielding Between 3% And 8.2%
The market in the United States has remained flat over the past week, though it has experienced a 10% increase over the last year, with earnings expected to grow by 15% annually. In this environment, dividend stocks yielding between 3% and 8.2% can offer investors a blend of income and potential growth, making them an attractive option for those seeking stability alongside capital appreciation. Name Dividend Yield Dividend Rating Universal (UVV) 5.98% ★★★★★★ Southside Bancshares (SBSI) 4.76% ★★★★★☆ Peoples Bancorp (PEBO) 5.28% ★★★★★☆ Huntington Bancshares (HBAN) 3.74% ★★★★★☆ First Interstate BancSystem (FIBK) 6.27% ★★★★★★ Ennis (EBF) 5.61% ★★★★★★ Dillard's (DDS) 6.11% ★★★★★★ CompX International (CIX) 4.64% ★★★★★★ Columbia Banking System (COLB) 6.04% ★★★★★★ Citizens & Northern (CZNC) 5.76% ★★★★★☆ Click here to see the full list of 143 stocks from our Top US Dividend Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: CNB Financial Corporation, with a market cap of $506.58 million, operates as the bank holding company for CNB Bank, offering a range of banking products and services to individual, business, governmental, and institutional customers. Operations: The primary revenue segment for CNB Financial Corporation is its Banking operations, generating $219.89 million. Dividend Yield: 3% CNB Financial's dividend payments have been stable and reliable over the past decade, with a reasonably low payout ratio of 30.5%, indicating they are well covered by earnings. Although its current yield of 3.02% is below the top quartile in the US market, it remains attractive due to its consistent growth and stability. Recent announcements include a share repurchase program worth US$15 million, potentially enhancing shareholder value alongside regular dividend affirmations. Click to explore a detailed breakdown of our findings in CNB Financial's dividend report. In light of our recent valuation report, it seems possible that CNB Financial is trading behind its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: The Buckle, Inc. is a U.S.-based retailer specializing in casual apparel, footwear, and accessories for men, women, and kids under the Buckle and Buckle Youth brands, with a market cap of approximately $2.42 billion. Operations: Buckle's revenue primarily comes from its sales of casual apparel, footwear, and accessories, totaling $1.23 billion. Dividend Yield: 8.3% Buckle's dividend yield of 8.25% ranks in the top quartile among US payers, yet its sustainability is questionable due to a high cash payout ratio of 97.8%, indicating dividends aren't covered by free cash flow. Despite volatility over the past decade, dividends have grown. Recent sales growth and inclusion in multiple Russell indices highlight market recognition, though earnings coverage remains stronger than cash flow support for dividends. Navigate through the intricacies of Buckle with our comprehensive dividend report here. Our comprehensive valuation report raises the possibility that Buckle is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: VICI Properties Inc. is an S&P 500 experiential real estate investment trust with a market cap of approximately $35.51 billion, owning a significant portfolio of gaming, hospitality, wellness, entertainment and leisure destinations including iconic venues like Caesars Palace Las Vegas and the Venetian Resort Las Vegas. Operations: VICI Properties Inc. generates revenue primarily from its Real Property and Real Estate Lending Activities, totaling approximately $3.88 billion. Dividend Yield: 5.2% VICI Properties offers a compelling dividend yield of 5.23%, placing it in the top quartile among US dividend payers, with dividends covered by earnings (67.5% payout ratio) and cash flows (75.2% cash payout ratio). While dividends have been stable and growing over its seven-year history, the company faces challenges with debt coverage by operating cash flow. Recent earnings show revenue growth to US$984.2 million, though net income declined compared to last year. Unlock comprehensive insights into our analysis of VICI Properties stock in this dividend report. According our valuation report, there's an indication that VICI Properties' share price might be on the cheaper side. Click through to start exploring the rest of the 140 Top US Dividend Stocks now. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CCNE BKE and VICI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
4 hours ago
- Business
- Yahoo
3 Dividend Stocks Yielding Between 3% And 8.2%
The market in the United States has remained flat over the past week, though it has experienced a 10% increase over the last year, with earnings expected to grow by 15% annually. In this environment, dividend stocks yielding between 3% and 8.2% can offer investors a blend of income and potential growth, making them an attractive option for those seeking stability alongside capital appreciation. Name Dividend Yield Dividend Rating Universal (UVV) 5.98% ★★★★★★ Southside Bancshares (SBSI) 4.76% ★★★★★☆ Peoples Bancorp (PEBO) 5.28% ★★★★★☆ Huntington Bancshares (HBAN) 3.74% ★★★★★☆ First Interstate BancSystem (FIBK) 6.27% ★★★★★★ Ennis (EBF) 5.61% ★★★★★★ Dillard's (DDS) 6.11% ★★★★★★ CompX International (CIX) 4.64% ★★★★★★ Columbia Banking System (COLB) 6.04% ★★★★★★ Citizens & Northern (CZNC) 5.76% ★★★★★☆ Click here to see the full list of 143 stocks from our Top US Dividend Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: CNB Financial Corporation, with a market cap of $506.58 million, operates as the bank holding company for CNB Bank, offering a range of banking products and services to individual, business, governmental, and institutional customers. Operations: The primary revenue segment for CNB Financial Corporation is its Banking operations, generating $219.89 million. Dividend Yield: 3% CNB Financial's dividend payments have been stable and reliable over the past decade, with a reasonably low payout ratio of 30.5%, indicating they are well covered by earnings. Although its current yield of 3.02% is below the top quartile in the US market, it remains attractive due to its consistent growth and stability. Recent announcements include a share repurchase program worth US$15 million, potentially enhancing shareholder value alongside regular dividend affirmations. Click to explore a detailed breakdown of our findings in CNB Financial's dividend report. In light of our recent valuation report, it seems possible that CNB Financial is trading behind its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: The Buckle, Inc. is a U.S.-based retailer specializing in casual apparel, footwear, and accessories for men, women, and kids under the Buckle and Buckle Youth brands, with a market cap of approximately $2.42 billion. Operations: Buckle's revenue primarily comes from its sales of casual apparel, footwear, and accessories, totaling $1.23 billion. Dividend Yield: 8.3% Buckle's dividend yield of 8.25% ranks in the top quartile among US payers, yet its sustainability is questionable due to a high cash payout ratio of 97.8%, indicating dividends aren't covered by free cash flow. Despite volatility over the past decade, dividends have grown. Recent sales growth and inclusion in multiple Russell indices highlight market recognition, though earnings coverage remains stronger than cash flow support for dividends. Navigate through the intricacies of Buckle with our comprehensive dividend report here. Our comprehensive valuation report raises the possibility that Buckle is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: VICI Properties Inc. is an S&P 500 experiential real estate investment trust with a market cap of approximately $35.51 billion, owning a significant portfolio of gaming, hospitality, wellness, entertainment and leisure destinations including iconic venues like Caesars Palace Las Vegas and the Venetian Resort Las Vegas. Operations: VICI Properties Inc. generates revenue primarily from its Real Property and Real Estate Lending Activities, totaling approximately $3.88 billion. Dividend Yield: 5.2% VICI Properties offers a compelling dividend yield of 5.23%, placing it in the top quartile among US dividend payers, with dividends covered by earnings (67.5% payout ratio) and cash flows (75.2% cash payout ratio). While dividends have been stable and growing over its seven-year history, the company faces challenges with debt coverage by operating cash flow. Recent earnings show revenue growth to US$984.2 million, though net income declined compared to last year. Unlock comprehensive insights into our analysis of VICI Properties stock in this dividend report. According our valuation report, there's an indication that VICI Properties' share price might be on the cheaper side. Click through to start exploring the rest of the 140 Top US Dividend Stocks now. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CCNE BKE and VICI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
