RBC: 3 Outstanding Dividend Stocks Yielding at Least 9% [Yahoo! Finance News]
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Yahoo! Finance News
Canadian investment bank RBC has been taking the temperature of institutional investors, and the results are fascinating – and, perhaps, illuminating. The analysts start by pointing out the obvious, “We view capitulation as a necessary, though not sufficient, condition for stock market bottoms in major drawdowns,” but go on to note that a “surprisingly high level of bullishness supports our own view that we haven’t yet seen investor capitulation.”So, investors are looking to buy – and that sentiment has the potential to turn a mild stock rally into something larger. In a climate of heightened risk, investors should remember an old Wall Street saw: Bulls and bears make money, while the pigs get slaughtered. Money can be made whether markets rise or fall – the key is not to get greedy.Today’s market climate of heightened risk, should naturally draw investors toward dividend stocks. A modest rally in a bear market is a good time to buy in – the bear has pushed prices down, while the rall
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News
- Phillips 66 Faces $2.4M Fine for Alleged Oil Dumping in LA [Yahoo! Finance]Yahoo! Finance
- Wall Street Breakfast Podcast: DirecTV Drops Dish Deal Over Debt Dispute [Seeking Alpha]Seeking Alpha
- Don't listen to the haters. L.A. IS a walking town [Los Angeles Times (CA)]Los Angeles Times
- Phillips 66 Is Accused of Violating the Clean Water Act [The New York Times]The New York Times
- Phillips 66 faces federal charges, accused of polluting LA sewers with 790,000 gallons of wastewater [CBS News]CBS News
PSX
Earnings
- 10/29/24 - Miss
PSX
Sec Filings
- 11/4/24 - Form 4
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- PSX's page on the SEC website