Dow Jones Industrial Average

McDonald’s and Paramount Among Latest Top-Tier Organizations to Join the Financial Literacy for All Movement

Retrieved on: 
Friday, December 8, 2023

Financial Literacy for All (FL4A), a national initiative dedicated to embedding financial literacy into the nation’s schools, workplaces, communities, and culture, today announced that McDonald’s Corporation (NYSE: MCD ) and Paramount Global (Nasdaq: PARA, PARAA ) have joined a coalition of nearly 50 leading organizations that have committed to the movement.

Key Points: 
  • Financial Literacy for All (FL4A), a national initiative dedicated to embedding financial literacy into the nation’s schools, workplaces, communities, and culture, today announced that McDonald’s Corporation (NYSE: MCD ) and Paramount Global (Nasdaq: PARA, PARAA ) have joined a coalition of nearly 50 leading organizations that have committed to the movement.
  • “We are honored to announce that McDonald’s and Paramount have joined our growing FL4A coalition,” said Co-Chair Bryant.
  • “These leading organizations, alongside fellow FL4A Members, have demonstrated their commitment to making financial literacy a fundamental part of life, and a right, for everyone in the nation.
  • Financial literacy is the civil rights issue of this generation, and we’re excited to keep bringing our collective strength in pursuit of our must-do mission.”
    To follow the progress of Financial Literacy for All, please visit FL4A.org .

Hennessy Advisors, Inc. Reports Annual Earnings

Retrieved on: 
Wednesday, December 6, 2023

NOVATO, Calif., Dec. 6, 2023 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq: HNNA) today reported results for the fiscal year ended September 30, 2023.

Key Points: 
  • NOVATO, Calif., Dec. 6, 2023 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq: HNNA) today reported results for the fiscal year ended September 30, 2023.
  • "Below are a few highlights of the accolades our funds' stellar long-term performance garnered in recent months."
  • The Hennessy Cornerstone Mid Cap 30 Fund is named in the article.
  • Fully diluted earnings per share of $0.63, a decrease of 23%.

S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increase $8.8 Billion in Q3 2023, as the 12-month Gains $37.5 Billion

Retrieved on: 
Wednesday, October 4, 2023

Q3 2023 U.S. common dividend increases were $18.0 billion, up 84.0% from $9.8 billion in Q2 2023 and down 5.7% from $19.1 billion in Q3 2022.

Key Points: 
  • Q3 2023 U.S. common dividend increases were $18.0 billion, up 84.0% from $9.8 billion in Q2 2023 and down 5.7% from $19.1 billion in Q3 2022.
  • Q3 2023 U.S. common dividend decreases were $9.2 billion, up 66.5% from $5.5 billion in Q2 2023, and up 552% from $1.4 billion in Q3 2022.
  • Q3 2023 net indicated dividend rate change increased $8.8 billion, compared to $4.3 billion in Q2 2023, and $17.7 billion in Q3 2022.
  • NEW YORK, Oct. 4, 2023 /PRNewswire/ -- S&P Dow Jones Indices announced today that the indicated dividend net changes (increases less decreases) for U.S. domestic common stocks increased $8.8 billion during Q3 2023, compared to a $4.3 billion increase in Q2 2023 and $17.7 billion increase in Q3 2022.

Sensata Technologies to Join the S&P MidCap 400 Index

Retrieved on: 
Monday, September 11, 2023

Sensata Technologies (NYSE: ST), a global industrial technology company and leading provider of sensors, sensor-rich solutions and electrical protection devices, today announced that S&P Dow Jones Indices is adding Sensata to the S&P MidCap 400 Index effective with the start of trading on Monday, September 18, 2023.

Key Points: 
  • Sensata Technologies (NYSE: ST), a global industrial technology company and leading provider of sensors, sensor-rich solutions and electrical protection devices, today announced that S&P Dow Jones Indices is adding Sensata to the S&P MidCap 400 Index effective with the start of trading on Monday, September 18, 2023.
  • "Sensata has made excellent progress over the past few years on our way to achieving our goals of scaling our Electrification business to $2 billion in revenue by 2026.
  • We view our inclusion in this key investor index as a reflection of that progress, as well as our overall potential,” said Jeff Cote, CEO and President of Sensata.
  • More assets are invested in products based on these indices than products based on indices from any other provider in the world.

TD Ameritrade Investor Movement Index: IMX Score Ticks up in July

Retrieved on: 
Monday, August 7, 2023

The Investor Movement Index ® (IMXSM) increased to 5.53 in July, up slightly from its score of 5.46 in June.

Key Points: 
  • The Investor Movement Index ® (IMXSM) increased to 5.53 in July, up slightly from its score of 5.46 in June.
  • The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
  • View the full release here: https://www.businesswire.com/news/home/20230807406381/en/
    The reading for the four-week period ending July 28, 2023 ranks “moderate low” compared to historic averages.
  • TD Ameritrade clients were net buyers of equities overall during the period.

AWS Expands Amazon Bedrock With Additional Foundation Models, New Model Provider, and Advanced Capability to Help Customers Build Generative AI Applications

Retrieved on: 
Wednesday, July 26, 2023

Customers are already using Amazon Bedrock to transform their businesses with generative AI, including Coda, Lonely Planet, Ryanair, Showpad, and Travelers.

Key Points: 
  • Customers are already using Amazon Bedrock to transform their businesses with generative AI, including Coda, Lonely Planet, Ryanair, Showpad, and Travelers.
  • Amazon Bedrock will add Cohere as the newest FM provider to give customers an even greater choice of best-in-class FMs to build their generative AI applications.
  • Emad Mostaque, founder and CEO of Stability AI, said of their news, “Stability AI thrives on innovation, and our foundation model Stable Diffusion on Amazon Bedrock reflects the most pioneering developments across generative AI.
  • “With direct access to FMs from AWS and third parties, Amazon Bedrock provides the potential for quick and easy experimentation, development, and deployment.”

Global X Expands Covered Call Suite with Launch of Dow 30 Covered Call & Growth ETF (DYLG)

Retrieved on: 
Wednesday, July 26, 2023

NEW YORK, July 26, 2023 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X Dow 30 Covered Call & Growth ETF (DYLG).

Key Points: 
  • NEW YORK, July 26, 2023 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X Dow 30 Covered Call & Growth ETF (DYLG).
  • However, with rate hikes possibly nearing a plateau, investors looking ahead may want to balance their income and growth potential.
  • Historically, covered call strategies required investors to trade options themselves, a task requiring expertise and frequent hands-on trading.
  • But the availability of exchange-traded funds that incorporate covered call strategies can help investors efficiently add these strategies to their portfolios.

S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increases Slow to $4.3 Billion During Q2 2023; 12-month Gain was $46.3 Billion

Retrieved on: 
Wednesday, July 5, 2023

Q2 2023 U.S. common dividend decreases were $5.5 billion, down 44.9% from $10.0 billion in Q1 2023, and up 230% from $1.7 billion in Q2 2022.

Key Points: 
  • Q2 2023 U.S. common dividend decreases were $5.5 billion, down 44.9% from $10.0 billion in Q1 2023, and up 230% from $1.7 billion in Q2 2022.
  • Q2 2023 net indicated dividend rate change increased $4.3 billion, compared to $9.7 billion in Q1 2023, and $17.6 billion in Q2 2022.
  • NEW YORK, July 5, 2023 /PRNewswire/ -- S&P Dow Jones Indices announced today that the indicated dividend net changes (increases less decreases) for U.S. domestic common stocks increased $4.3 billion during Q2 2023, compared to $9.7 billion in Q1 2023 and $17.6 billion in Q2 2022.
  • Increases were $9.8 billion versus $19.7 billion for Q1 2023, and decreases were $5.5 billion compared to $10.0 billion.

Innovative Portfolios: Happy 10th Birthday, Bulls of the Dow!

Retrieved on: 
Thursday, June 15, 2023

INDIANAPOLIS, June 15, 2023 /PRNewswire/ -- Innovative Portfolios marks the 10th birthday of their portfolio strategy, Bulls of the Dow, designed to seek capital appreciation in a portfolio of 10 individual stocks selected from the Dow Jones Industrial Average.

Key Points: 
  • After 10 years, the Bulls of the Dow strategy is still doing exactly what Innovative Portfolios designed it to do.
  • Innovative Portfolios Managing Director and Chief Investment Officer Dave Gilreath came up with the Bulls of the Dow concept 10 years ago while reflecting on the Dogs of the Dow strategy during a shower.
  • Innovative Portfolio's Bulls of the Dow strategy takes the 30 companies that comprise the Dow Jones Industrial Average (DJIA) and assesses their fundamental strengths.
  • With results like these, Innovative Portfolios doesn't plan on changing their recipe for Bulls of the Dow anytime soon.

National Western Life introduces new 10-year Fixed Indexed Annuity with an optional Guaranteed Minimum Death Benefit Rider, NWL® Capital Solutions

Retrieved on: 
Monday, May 8, 2023

AUSTIN, Texas, May 8, 2023 /PRNewswire/ -- National Western Life Insurance Company (National Western Life) announced the launch of NWL® Capital Solutions, a 10-year FIA that includes an optional Guaranteed Minimum Death Benefit Rider (GMDB), exclusive access to the J.P. Morgan Factor FocusSM Index, and seven different index strategy options, including strategies linked to the Dow Jones Industrial Average.

Key Points: 
  • AUSTIN, Texas, May 8, 2023 /PRNewswire/ -- National Western Life Insurance Company (National Western Life) announced the launch of NWL® Capital Solutions, a 10-year FIA that includes an optional Guaranteed Minimum Death Benefit Rider (GMDB), exclusive access to the J.P. Morgan Factor FocusSM Index, and seven different index strategy options, including strategies linked to the Dow Jones Industrial Average.
  • As with other recently launched National Western Life products, NWL® Capital Solutions 10-year FIA has an all-electronic product design from sales to policy issue.
  • "With these changes and upcoming new enhancements to our product portfolio, National Western Life is well-positioned to remain competitive in the industry for years to come."
  • The entrance of NWL® Capital Solutions into the marketplace is one more example of how National Western Life continues to meet the unique accumulation, income, and legacy planning needs of clients.