The company boasts a market cap of $2.2 billion, as well as over $30 billion in capital under management.In the months since the corona virus crisis hit the economy, Golub has seen a depressed share price and high volatility in its earnings. Dealers will replace the fuel pump with an improved version. Earnings, which collapsed in 4Q19, have been bouncing in 2020. But there was one bright spot last quarter: oil trading delivered an “exceptionally strong result,” BP said. Meanwhile, BP’s green energy plans could prove to be “expensive” and “a bit of a money pit” in the short term, according to analysts at the investment firm Hargreaves Lansdown. My question is: Can I retire before that and be able to live off of my rental income? Bids for the retail portion of Ant’s concurrent listing in Shanghai totaled a record 19.05 trillion yuan ($2.8 trillion) on Thursday, exceeding supply by more than 870 times.The stampede is fueling predictions of a first-day pop when Ant is due to start trading on Nov. 5, even though skeptics warn of risks including the U.S. election, tightening regulations in China and rising Covid-19 infections worldwide.Read more: A Pessimist’s Guide to the Ant IPOWhether Ant surges or not, its record-breaking $35 billion IPO represents a major vote of confidence in a company that could end up shaping the future of global finance. "The integrity of our network and the security of our customers' goods are of utmost importance. BP CEO Bernard Looney, who took the helm in February, avoided a dividend cut in the first quarter despite worsening market conditions and as rivals reduced their payouts. That trade involves putting cheap oil into storage and simultaneously selling it at higher prices on the forward market. This was the first dividend cut for BP since 2010, when it had a costly oil spill in the Gulf of Mexico. Millionaire Investor Alerts: “Get out of Cash Now”. BP said it aimed to "reset a resilient dividend" of 5.25 cents per share per quarter and to return at least 60% of future surplus cash as share buybacks. He called the dotcom crash, housing bust, and market’s surge since ‘09. Finally, with all of the early voting, mass absentee ballots, and possible extended counting deadlines, we might not know on Tuesday night who the winner is.It’s a situation made of uncertainty, and financial markets don’t like that. Available for everyone, funded by readers. He writes, “GBDC isn’t paying a hefty premium for unsecureds to begin with... We think the improved flexibility and longer tenor of unsecureds make them an attractive addition to the right side of the balance sheet, and see it as a vote of confidence in GBDC’s underlying portfolio.”O’Shea reiterates his Overweight (i.e. Big Oil’s generous dividends have long been its main attraction to shareholders, and the move -- hastened by the virus but made inevitable by the transition to cleaner energy -- redraws the company’s investment profile. Can I live off the rental income from my three properties? Start your online consultation today at RexMD.com. The iPad brought in $6.8 billion, beating estimates of $6.1 billion, while Mac sales totaled $9 billion, ahead of Wall Street forecasts of $8 billion.The pandemic has forced millions of people to work and study from home, spurring demand for Apple devices. Compare 2020 top lenders to get matched with lenders curated for your needs in 2 min. Italy's Eni, which has also outlined an ambitious energy transition plan, said earlier this year it will wind down its oil and gas production starting 2025.[. In Q2, BP lost over $16.8 billion, including a $10.9 billion non-cash writedown. Thank you for your feedback. “The change is rooted in strategy, deeply rooted in strategy, and amplified by Covid.”, See also: Oil Crisis Presents BP’s New CEO With a Chance to Change. BP shares surged as much as 8.3% on Tuesday, trading up 7.4% at 301.7 pence as of 10:14 a.m. London time. (See Golub’s stock analysis at TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. BP Plc slashed its dividend for the first time in a decade and set out new targets to accelerate its shift to greener energy after the coronavirus pandemic upended the oil business. But the company went into the crisis with high debt and hefty payouts -- it even increased the dividend for the fourth quarter -- meaning more pain now. But Tuesday's 50% cut by BP to 5.25 cents per share, which was larger than the 40% forecast by analysts, became inevitable given a large debt pile, the collapse in oil and gas demand and growing expectations for a sluggish global economic recovery.