The VanEck Fallen Angel High Yield Bond ETF (ANGL), which focuses on corporate bonds downgraded from investment grade to junk status, currently offers a 30-day SEC yield of 6.69%. This yield is attractive compared to broader high-yield bonds, and ANGL has outperformed the broader high-yield bond market in 15 of the past 22 years. Recently, fallen angel bond prices dipped, increasing yields above 7%, a level that historically signals potential for future gains. With a diversified portfolio mainly in consumer discretionary and materials sectors, and mostly U.S.-issued bonds, ANGL presents a compelling option for investors seeking income with manageable risk.
Lowey Dannenberg, P.C. is investigating Hims & Hers Health, Inc. for allegedly sharing sensitive user health data, including medical histories and mental health info, with third parties without proper consent. This raises concerns about violations of...
Digital agency 9thCO completed a major digital transformation for DNRS, moving from a fragmented WordPress setup to a unified composable architecture. This upgrade centralizes user management, integrates key business tools like CRM and scheduling, an...
Willis Towers Watson, a global advisory firm, is poised for growth with a 25.3% potential stock upside, driven by new initiatives like KwantSure, a digital insurance sales channel for subcontractors, and a Geospatial Mortality Model to improve pensio...
AngioDynamics reported an 8% revenue increase to $86.6 million in Q4, driven by a 16.7% sales rise in its Med Tech division, notably from NanoKnife and AlphaVac products. H.C. Wainwright raised the price target from $16 to $19 and maintained a Buy ra...
PNC Financial Services Group reported Q2 2026 adjusted EPS of $4.85 and record revenue of $6.88 billion, surpassing analyst expectations. The growth was driven by a 15.5% rise in net interest income and a 31.4% increase in fee income, reflecting stro...
