Yahoo Finance
RBC Capital Markets Sees Path to Growth for Nike (NKE), Reiterates Outperform Rating
RBC Capital Markets is standing by its bullish stance on Nike, reiterating an Outperform rating as the bank identifies a credible road to recovery for the struggling sportswear giant. The endorsement signals institutional confidence that Nike's turnaround strategy — under relatively new CEO Elliott Hill — is gaining traction. For investors who have watched NKE shed significant value over the past two years, this vote of confidence from a major Wall Street firm is worth noting.
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Retirees Are Asking If PSEC’s Monthly Income Is Safe After That 25% Dividend Cut
Prospect Capital's recent 25% dividend cut has rattled income-focused retirees who relied on its monthly payouts as a core part of their cash flow strategy. The reduction raises legitimate questions about the BDC's portfolio health, earnings coverage, and whether further cuts could follow. For yield-hungry investors, this serves as a sharp reminder that high monthly income rarely comes without hidden risk.
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