Retail Investor Hour
How the first female executive of Aflac Japan was promoted
- BusinessYahoo Finance Video
How the first female executive of Aflac Japan was promoted
Dan Amos, the long time CEO of healthcare insurance company Aflac (AFL) prides himself on equality and diversity in the workplace. In Japan, where Aflac conducts close to 70% of its business, Amos was confused as to why women were not being promoted to executive leadership positions. He asked the senior leadership team in Japan to give him the names of qualified female candidates to promote. After two years of back and forth, the Japanese leadership at Aflac came back empty-handed. Amos then turned the tables and rejected a list of male promotions he was asked to sign off on. Amos says, “God touched them that night,” and they came back to him with a candidate. In 1997 Mikie Yumoto, became the first female senior vice president of Aflac Japan. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday. This post was written by Brian Vitagliano.
- BusinessYahoo Finance Video
Meme stocks are 'speculation,' not investing. Here's why.
As meme stocks gain traction, Todd Walsh, Alpha Cubed Investments CEO and author of Exponential Gains: How to Find and Manage the Next Great Stocks and Transform Your Portfolio, joins Wealth! to shed light on why investors should avoid these speculative investments. Walsh points out that "a generation of investors" are currently drawn to meme stocks, mistakenly believing they are investing when, in reality, these stocks "are just speculation." He emphasizes the importance of investors establishing a "foundation" and an "investment process" that filters out speculative plays. Walsh advises investors to "get away from the idea of making a big score" and instead focus on factors such as a company's earnings and profitability. This approach promotes a more disciplined investment strategy, he adds. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
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Alphabet to pay first-ever quarterly dividend, $70B buyback
In a historic move, Alphabet Inc. (GOOG, GOOGL) has approved a $70 billion share repurchase program and it's first-ever quarterly dividend. The dividend, set at $0.20 per share, will be distributed to eligible shareholders on June 17, 2024. Yahoo Finance's Julie Hyman breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith