Digital Realty Trust's Series L Preferred Stock Shares Cross 5% Yield Mark

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Digital Realty Trust's Series L Preferred Stock Shares Cross 5% Yield Mark

In trading on Tuesday, shares of Digital Realty Trust Inc’s 5.200% Series L Cumulative Redeemable Preferred Stock (Symbol: DLR.PRL) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.30), with shares changing hands as …
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Lawsuit seeks to throw out California measure that protects 'gig economy' business model

Union and ride-hailing drivers seek to invalidate Proposition 22 after expensive campaign by Uber, Lyft and DoorDash resulted in passage on November ballot. A ride-hailing driver protests against Proposition 22 on Aug. 20, 2020 at Los Angeles International …
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Oil hits 11-month high near $57 on tight supply expectations

NEW YORK (Reuters) – Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand. FILE PHOTO: An oil worker walks toward …
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Dow Jones Little Changed as Walmart Launches Fintech Startup, Apple's iPhone 12 Sells Well in China

The board of directors for the start-up will include Walmart U.S. President and CEO John Furner, Walmart CFO Brett Biggs, and Ribbit Capital managing partner Meyer Malka. The plan is to add industry experts to the board and recruit a management team with …
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Dow edges higher in choppy trade as Wall Street looks to avoid back-to-back losses

Stocks pulled back Monday after ending last week at record levels. The tech-heavy Nasdaq Composite led the way lower, falling 1.3%, while the Dow fell 0.3% and the S&P 500 declined 0.3%.
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