News Daily – United States
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Forbes – United States
Dancing with the European Stars: The end of summer heralds the real beginning of the post-Brexit dance between the U.K. and the E.U.
Posted on 28 August 2016 @ 6:24 pm
As the second largest bank in the United States, Bank of America plans to simplify their investment options as increased regulation looms on the horizon–– and other investment groups seem to be planning on doing the same. After the financial hardships of 2008, The Security Exchange Commission (SEC) passed new regulations aimed at reducing risks for money market funds. These new regulations are set to go into action in October of this year, and will dramatically change investing practices.
Posted on 28 August 2016 @ 2:30 pm
Today I want to tell you about a deadly retirement-planning mistake millions of Americans are making right now—and five stocks you need to weed out of your portfolio yesterday.
Posted on 28 August 2016 @ 11:14 am
Don’t mistake Apple dividends and buybacks for largesse
Posted on 27 August 2016 @ 4:11 pm
The stock market moved sideways for most of last week with the heaviest selling on Wednesday. Finally on Friday we got Janet Yellen’s long awaited comments from Jackson Hole where she said “the case for raising rates has strengthened in recent months.”
This did little to change the already low expectations for a rate hike in September but then Fed Vice Chairman Stanley Fischer hinted on CNBC that a rate hike was still possible next month. The S&P futures reversed course on his comments as the futures dropped 20 points.
This increases the focus on the September 20-21 FOMC meeting which makes it more likely that it will be tough three weeks for investors and traders. It does not help that we are entering a seasonally weak period where an increase in market noise can play a larger role. So what should an investor do?
Posted on 27 August 2016 @ 3:21 pm
In a world where you need to hold a U.S. Treasury for 10 years to get a measly 1.5%, real estate investment trusts (REITs) have become an incredibly attractive income-yielding alternative. So attractive, in fact, that the SPDR Dow Jones REIT ETF (RWR) has soared over 12% in the last year:
Posted on 27 August 2016 @ 11:17 am
Friday’s speech by Fed Chair Janet Yellen, awaited all last week, turned out somewhat anti-climactic, providing no real insight into timing of the next rate hike. With the speech out of the way, it’s on toward the next big thing: Friday’s jobs report.
Posted on 27 August 2016 @ 9:00 am
RTT News – United States
Shares of Herbalife Ltd. (HLF) are losing more than 5 percent on Friday after hedge fund manager William Ackman confirmed that he was indirectly approached by Herbalife’s biggest shareholder and billionaire investor Carl Icahn to buy Icahn’s 18 percent stake in the nutrition supplements company.
Posted on 26 August 2016 @ 2:35 pm
Ride-sharing service Uber Technologies Inc. has recorded a loss of more than $1 billion in the first half of 2016, Bloomberg reported Thursday, citing people familiar with the matter.
Posted on 26 August 2016 @ 4:05 am
GameStop Corp. (GME) on Thursday reported an increase in second-quarter profit, driven by strong margins. Earnings for the quarter came in line with Wall Street estimates, while revenues fell short of expectations, sending its shares down 8 percent in the extended session.
Posted on 25 August 2016 @ 8:24 pm
Furniture maker La-Z-Boy Inc. (LZB), Tuesday reported an increase in profit for the first quarter, however, its earnings fell short of Wall Street estimates by a penny. La-Z-Boy shares plummeted about 16 percent in after-hours trade.
Posted on 23 August 2016 @ 9:03 pm
The Consumer Financial Protection Bureau or CFPB said Monday that Wells Fargo & Co. (WFC) must pay a penalty of $3.6 million to the bureau for the bank’s illegal private student loan servicing practices that increased costs and unfairly penalized certain student loan borrowers. The lender is also required to provide $410,000 in relief to the borrowers.
Posted on 23 August 2016 @ 3:56 am
Zoe’s Kitchen, Inc. (ZOES) is gearing for yet another earnings beat. We believe that the company is likely to beat second-quarter earnings estimates by a double-digit percentage today after market close. The slideshow will provide more details.
Posted on 22 August 2016 @ 10:07 am
In a slide show titled ‘Companies Likely To Beat Earnings Estimates (Week Aug 15 – Aug 19)’, we projected that the following companies are likely to beat earnings estimates. We were right again.
Posted on 22 August 2016 @ 9:44 am
Deutsche Welle – Germany
The new season is coming up for German football’s national league. It remains to be seen if the league will find itself again at the top of the standings, though the league’s clubs have never been more profitable.
Posted on 26 August 2016 @ 12:23 pm
The legal saga of one of the world’s most recognizable internet entrepreneurs enters a new phase on Monday when Kim Dotcom is set to appear before a New Zealand court to appeal his extradition to the United States.
Posted on 26 August 2016 @ 11:30 am
An improved outlook for the US economy and solid job creation have bolstered the case for raising interest rates, the chair of the US central bank has said. But she did not indicate any specific timeframe for the move.
Posted on 26 August 2016 @ 8:30 am
US tech giant Apple has said it’s fixed a dangerous security flaw in up-to-date iPhones and iPads. Researchers had found that a prominent dissident had been targeted with a previously unknown method of hacking.
Posted on 26 August 2016 @ 8:24 am
The UK’s pro-Brexit vote and recent terror attacks in Bavaria, Germany, have not been able to dampen German consumers’ spirits, market research group GfK has said. Spending increases as wages and pensions rise.
Posted on 26 August 2016 @ 6:40 am
Youth unemployment remains stubbornly high around the world, the International Labor Organization said. There are around 71 million people between the ages of 15 and 29 without work, and many earn less than $3.10 a day.
Posted on 26 August 2016 @ 2:28 am
Germany is home to 83 million people. But that isn’t the country’s total population: It’s also home to about 27 million pigs, 12.6 million cattle, and nearly 40 million egg-producing hens. Their lives are very hard.
Posted on 25 August 2016 @ 5:00 pm
The Jerusalem Post – Israel
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Yahoo – United States
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