5 Ideal Reasons for Investing in Utility Stocks
Utility stocks are stocks of companies that deliver essential services such as water, gas, and electricity among others. Utility stock is an ideal conservative option for investors looking for steady higher dividends. You can invest in utility stocks companies through a brokerage firm by buying individual utility stocks, mutual funds that are specialized in the utilities sector or as ETFs that include the select sector SPDR-utilities.
8 Best Stock Investment Apps for Beginners
Investing is a daunting task and sometimes could be confusing especially for a beginner. In the past, an investment process began by making a call to a brokerage firm to obtain an advisor who would advise the investor throughout the process. However, the technological advancement has made it easier for beginners who want to start trading. Now, they can just download an app on their PC or Smartphone and use it to trade securities. Different apps offer automation, low cost and high-security measures to make investing easy and exciting for all.
5 Common Types of Financial Swaps
A swap is an act of exchanging one thing for another. In finance, swaps are derivatives wherein two counterparties exchange financial instruments. The swaps can involve an exchange of a series of cash flows of one party’s financial instrument for those of the other party’s financial instrument over a specific period of time. Swaps are mutual agreements that are easy to design and customize over the counter. They offer great flexibility that leads to many swap variations with each serving a given purpose.
Top 5 Forex Risks Traders Should Consider Before they Invest
Forex exchange market is a global decentralized or over the counter market that facilitates the trading of currencies. Just like in a stock exchange, the traders’ goal is to make a profit by buying low and selling high. Forex markets are highly liquid assets due to the high trading volumes. Some of the most common forex exchange trades include spot transactions, currency swaps, and options, forwards, and foreign exchange swaps. Forex trades face plenty of risks that can result in substantial losses. Here are the top 5 forex risks that every trader should consider before they dive into forex trading: 1. Leverage Risks In forex trading, traders require a small initial investment called a margin which is used as leverage in forex trading to gain access to substantial trades. Price volatility can result in margin calls where the investor is required to commit an additional margin. In highly volatile market conditions, aggressive use of leverage by traders can result in massive losses over initial investments made. 2. Interest Rate Risks Interest rate affects countries exchange rates. If a country’s interest rates rise, the currency strengthens. Investors flood the country as they invest in the country’s assets. In essence, a stronger currency means better returns. On the other hand, if a country interest rates fall, the currency weakens as investors begin to withdraw their investments. Interest rate changes can thus have a dramatic effect on forex prices. 3. Transaction Risks The difference or gap between when a contract is initiated and when it settles poses a transaction risk which is an exchange rate risk. Forex trading usually takes 24 hours, and exchange rates can drastically change any time before a trade settle. Currencies also trade at different prices at different times during the trading process. The greater the gap, the higher the transaction risk. The exchange risk that traders face during the trading hours increase the transaction costs. 4. Counterparty Risk The company that provides the asset to an investor in a financial transaction is called the counterparty. There is a risk of default from the dealer or broker in any particular transaction which refers to the counterparty risk. Spot and forward contracts on currencies do not get a guarantee by an exchange or a clearing house and thus pose a counterparty risk to an investor. The counterparty risk can occur in spot currency trading in the event the market maker end up insolvency. The counterparty can refuse or can be unable to oblige to contracts in highly volatile market conditions. 5. Country Risk An investor must assess the structure and the stability of the issuing country before they invest in currencies. In a majority of developing countries, the exchange rates are pegged to a particular world leader currency such as the US dollar. Central Banks in those countries must sustain sufficient reserves to help maintain good exchange rates. A balance of payments deficit can lead to devaluation of the currency and result in a currency crisis. It can consequently have massive effects on forex prices and trading. Investors can also begin to withdraw their assets if they suspect the currency is likely to decrease in value. It results in further devaluing of the currency. Currency crisis aggravates liquidity and credit risks as the currency devalues the assets become illiquid. The Bottom Line An investor should consider the various risks and losses associated with foreign exchange trading before they invest. While forex assets have the highest trading volume, the risks can lead to massive losses.
Invesco announces cash distributions for Canadian-listed ETFs
TORONTO, Nov. 21, 2019 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today announced the November 2019 distributions for its Canadian-listed exchange-traded funds (ETFs). Unitholders of record on November 28, 2019 will receive cash distributions payable on December 6, 2019.
Invesco announces estimated 2019 annual distributions for Canadian-listed Invesco ETFs
TORONTO, Nov. 21, 2019 /PRNewswire/ -- Invesco today announced estimated 2019 annual distributions for its exchange-traded funds (ETFs). Unitholders of record on December 30, 2019 will receive these distributions, which will generally consist of capital gains only. The distributions will be reinvested and the resulting units immediately consolidated, so the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their investment.
Invesco announces cash distributions for Canadian-listed ETFs
TORONTO, Nov. 21, 2019 /CNW/ -- Invesco Ltd. (NYSE: IVZ) today announced the November 2019 distributions for its Canadian-listed exchange-traded funds (ETFs). Unitholders of record on November 28, 2019 will receive cash distributions payable on December 6, 2019.
Challenging 2019 growing conditions reveal top corn and soybean seed performers
DOWNERS GROVE, Ill., Nov. 21, 2019 /PRNewswire/ -- This year's weather across the Midwest threw farmers curveballs all growing season. From wet weather and late planting to droughty conditions and a delayed harvest, it's been a challenging year. Now it's time to look back on how input decisions, including corn and soybean seed choices, performed under this growing season's struggles to plan for the 2020 season. Golden Harvest delivers genetics, agronomy and service to farmers, and this powerful combination once again performed in the field. Results from 2019 trials showed Golden Harvest® corn and soybeans outperforming competitors in fields across the U.S.1 Top-performing corn and soybeans Golden Harvest corn beat key competitors in 2019 trials across the Midwest. For example: In the upper Midwest, Golden Harvest corn G02K39-5122 E-Z Refuge® brand outyielded Pioneer® products by 10.4 bu/A in 84 comparisons. In Nebraska, Golden Harvest corn G11B63-3010A brand outyielded Pioneer products by 9.9 bu/A in 70 comparisons. In central Illinois, Golden Harvest corn G13Z50-3220 E-Z Refuge brand outyielded Pioneer products by 3.5 bu/A in 87 comparisons."As farmers make their 2020 seed selections, we know 2019 performance is weighted heavily in their decision process," said Jon Barrett, Golden Harvest corn product manager. "This year's trials show Golden Harvest hybrids outperformed the competition once again. Our proprietary germplasm, with elite genetics bred and tested locally, is helping farmers to maximize their yield potential." Golden Harvest soybeans also outperformed key competitors in 2019 trials across the growing region. For example: In the Red River Valley, Golden Harvest soybean GH0543X brand outyielded Pioneer products by 5.1 bu/A in 80 comparisons. In eastern Iowa and northern Illinois, Golden Harvest soybean GH2818E3 brand outyielded Asgrow® products by 6.0 bu/A in 55 comparisons. In the eastern Great Lakes, Golden Harvest soybean GH3546X brand outyielded Asgrow products by 2.5 bu/A in 73 comparisons."Beyond looking at 2019 yield data, farmers should consider their weed management plan to maximize soybean profitability in 2020," said Travis Kriegshauser, strategic marketing manager, Golden Harvest soybeans. "For next planting season, Golden Harvest offers the broadest choice of herbicide trait platforms in the industry to give farmers more options to manage resistant weeds without sacrificing yield or key agronomic traits." 2020 Golden Harvest lineup Golden Harvest released 25 new corn hybrids for 2020 planting, ranging in relative maturity from 91 to 114 days. The recent European Commission import approval of the Agrisure Duracade® trait (event 5307) bolsters the 2020 lineup. The Golden Harvest portfolio equips farmers with 11 hybrids containing the Agrisure Duracade corn rootworm control trait, along with the Agrisure Viptera® and Agrisure Artesian® traits. In select geographies, Golden Harvest offers five new Enogen® corn hybrids for 2020. Additionally, Golden Harvest recently expanded its trait technology platform choices and now offers LibertyLink® GT27™, Enlist E3™ soybeans and Roundup Ready 2 Xtend® in the 2020 soybean lineup. The 66 new Golden Harvest varieties for 2020 range in relative maturity from 0.06 to 5.1 and provide advanced trait technology for maximum soybean yield potential. The Golden Harvest portfolio is available from Golden Harvest Seed Advisors, who combine high-yielding seed options with local agronomic knowledge. To find your local, independent Seed Advisor and gain more information on Golden Harvest corn and soybeans, visit GoldenHarvestSeeds.com. 1 Syngenta and independent trials, 2019 About Golden Harvest Golden Harvest Seeds has been rooted in genetics, agronomy and service since 1973, offering in-depth seeds expertise combined with the local agronomic know-how of an independent Seed Advisor to maximize yield on each field. Today, every Golden Harvest hybrid and variety is bred with the individual needs of hardworking farmers in mind. Find more information at GoldenHarvestSeeds.com. Follow us on Twitter at www.twitter.com/GldnHarvest and like us on Facebook at www.facebook.com/GldnHarvest. About Syngenta Syngenta is a leading agriculture company helping to improve global food security by enabling millions of farmers to make better use of available resources. Through world class science and innovative crop solutions, our 28,000 people in over 90 countries are working to transform how crops are grown. We are committed to rescuing land from degradation, enhancing biodiversity and revitalizing rural communities. To learn more visit www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter at www.twitter.com/Syngenta and www.twitter.com/SyngentaUS. Web Resources: Golden Harvest Media Room Thrive Cautionary Statement Regarding Forward-Looking Statements This document may contain forward-looking statements, which can be identified by terminology such as 'expect', 'would', 'will', 'potential', 'plans', 'prospects', 'estimated', 'aiming', 'on track' and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. All photos are either the property of Syngenta or are used with permission. ©2019 Syngenta, 2001 Butterfield Road; 16th Floor; Downers Grove, Ill. 60515. Important: Always read and follow label and bag tag instructions; only those labeled as tolerant to glufosinate may be sprayed with glufosinate ammonium based herbicides. LibertyLink®, Liberty® and the Water Droplet logo are registered trademarks of BASF. GT27™ is a trademark of M.S. Technologies and BASF. HERCULEX® and the HERCULEX Shield are trademarks of Dow AgroSciences, LLC. HERCULEX Insect Protection technology by Dow AgroSciences. ENLIST E3™ soybean technology is jointly developed with Dow AgroScience LLC and MS Technologies LLC. ENLIST E3 is a trademark of Dow AgroSciences LLC. Roundup Ready 2 Yield®, Roundup Ready 2 Xtend®, Genuity®, Genuity and Design, Genuity Icons, YieldGard VT Pro® and Design are registered trademarks used under license from Monsanto Technology LLC. Under federal and local laws, only dicamba-containing herbicides registered for use on dicamba-tolerant varieties may be applied. See product labels for details and tank mix partners. Golden Harvest® and NK® Soybean varieties are protected under granted or pending U.S. variety patents and other intellectual property rights, regardless of the trait(s) within the seed. The Genuity® Roundup Ready 2 Yield® and Roundup Ready 2 Xtend® traits may be protected under numerous United States patents. It is unlawful to save soybeans containing these traits for planting or transfer to others for use as a planting seed. Only dicamba formulations that employ VaporGrip® Technology are approved for use with Roundup Ready 2 Xtend® soybeans. Only 2,4-D choline formulations with Colex-D® Technology are approved for use with Enlist E3™ Soybeans. The trademarks or service marks displayed or otherwise used herein are the property of a Syngenta Group Company. All other trademarks are the property of their respective owners. More information about Agrisure Duracade is available at http://www.biotradestatus.com/. View original content to download multimedia:http://www.prnewswire.com/news-releases/challenging-2019-growing-conditions-reveal-top-corn-and-soybean-seed-performers-300963439.html SOURCE Golden Harvest
ADP Canada National Employment Report: Employment in Canada Decreased by 22,600 Jobs in October 2019