From Contrarian Outlook: In late 2007, Citigroup (C) insiders – who should have known better – comforted themselves with a security blanket that, in hindsight, was better fit for a Goodwill donation.
Semiconductor giant Texas Instruments Incorporated (NASDAQ:TXN) late today posted better-than-expected earnings and provided a large boost to its quarterly dividend payout.
From Bob Ciura: Investors looking for dividend stocks should take a closer look at the technology sector. This may come as a surprise recommendation, since the tech sector has not typically been a good source of dividend stocks. But a lot has changed in recent years.
There are three areas of the market bucking the early selling we have seen today. Particular investor interest thus far in the three areas of the market that continue to outperform: energy, semiconductors, and defense contractor-related companies.