Big savers are in trouble in Cyprus. It has been reported many times over the last week that individuals holding more than $100,000 in Cypriot banks, traditionally a tax haven for Russian money, could be losing up to 60% of their capital as part of the country’s bailout plan.
It’s a tough pill to stomach, seeing something like that take place, and it’s a stark reminder of....More>>>
The Consumer Electronics Show begins next week–and it could have a big impact on the shares of Harman International (HAR), as Google (GOOG) and Apple (AAPL) look to make inroads in the auto space.
Agence France-Presse/Getty Images
The Wall Street Journal reports on Google and Apple’s plans:
Technology giants Google Inc. and Apple Inc. are about to expand....More>>>
American Tower Corp. (NYSE: AMT) is seeing something rather strange in its trading activity on Friday. Its shares are rallying, despite the company spending some $3.3 billion to acquire more cell tower assets. What makes this so interesting is that the valuation actually may rekindle interest in the entire cell tower sector, and that would be welcoming for many investors who have held on as this....More>>>
My last post I talked about how “The Market You Trade Is Not Random“ which is what originally got me interested in trading. Let me continue with this series of how algo trading turned into my dream job and income stream.
In part one of “How Algo Trading became My Focus, Passion and Income” you saw how my 15+ years of trading evolved from trading only, to teaching and coaching....More>>>
Last week investors were hit with one economic data point after another, and the markets fared well. Those positive feelings have been carried through to this week as the markets continue to climb higher, though there’s no news of note so far today.
As of 12:55 p.m. EDT the Dow Jones Industrial Average (DJINDICES: ^DJI ) is up 60 points, or 0.4%, to 15,030. The S&P....More>>>
Among the companies with shares expected to actively trade in Wednesday’s session are Mondelez International Inc.(MDLZ), Whole Foods Market Inc.(WFM) and AOL Inc.(AOL)
Mondelez International Inc. on Wednesday said it plans to combine its coffee portfolio with D.E. Master Blenders 1753 B.V. to create a new coffee company, as part of a $3.5 billion restructuring program. The new company–called....More>>>
California has long been characterized as a trend-setter for the rest of the US, whether it’s fashion and music or lifestyle and culture.
The reputation extends to legislative matters, with the Golden State getting out in front in recent years on such issues as embryonic stem-cell research, prescription drug discounts, the minimum wage and transgender equality.
One of the state’s....More>>>
Concerns are growing about how the crisis in Ukraine could impact the trading relationship between Germany and Russia.
LONDON (CNNMoney) The outlook for Germany’s economy is looking dimmer as tension in Ukraine continues.
German economists and analysts are growing more cautious about the country’s near-term prospects, according to a widely respected survey from....More>>>
In Kiplinger’s Personal Finance Magazine, David Milstead looks at four stocks that have made it above the $1,000 per share mark.
Steve Halpern: Joining us today is David Milstead of Kiplinger’s Personal Finance Magazine. How are you doing today, David?
David Milstead: I’m good, how are you?
Steve Halpern: Very good, thanks for joining us. In the new issue....More>>>
Ford (NYSE: F ) has been on a roll in China, as has its old rival General Motors (NYSE: GM ) . Both have posted nice sales gains in 2013 — just as the big-name Japanese automakers have lost ground.
Will this trend continue? In this video, Fool.com contributor John Rosevear looks at what’s going on with the big names in China — and at whether Ford....More>>>
There’s a saying in the media business about how your assets go down in the elevator at night. Meaning that media isn’t a business that relies on a fixed infrastructure, but is instead all about dynamic and creative people.
This view exists in spite of a substantial body of literature, many situation comedies and innumerable late-night talk show routines about the empty suits,....More>>>
Applied Materials (Nasdaq: AMAT ) reported earnings on May 16. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 28 (Q2), Applied Materials beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted significantly. Non-GAAP earnings per share dropped significantly.....More>>>
Following the sale of several wireless markets to Verizon in which U.S. Cellular (NYSE: USM ) received $480 million, the cellular services provider announced yesterday that it will be paying investors a special dividend of $5.75 per share.
The board of directors said the special dividend is payable on June 25 to the holders of record at the close of business on June 11.
If the leveraged loan market used an avatar, Goldilocks would be an apt choice for the second quarter.
Technical conditions cooled slightly from the sauna-like levels of the first quarter, but remained just right for issuers to print new regular-way loans to support M&A trades and dividends. Retail flows, which turned negative for the first time since 2012, were largely responsible for....More>>>
The market is in rally mode today–but the same can’t be said for Gilead Sciences (GILD), which has dropped nearly 2% today. RBC Capital Markets’ Michael Yee and team explain why Gilead is having trouble today:
Gilead Sciences is down ~4% this morning and some investors believe it is due to commentary by Johnson & Johnson (JNJ) (we were on the EPS call and they did not....More>>>