Mercer Bullard: Think DOLs Fiduciary Rule Is Too Strict? Blame SEC
Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day
The U.S. Department of Education has two quite different roles in the lives of indebted former students. The same bureaucracy that must safeguard taxpayer dollars by collecting $1.1 trillion in loans....More>>>
JPMorgan Chase & Co. reduced its stake in shares of Tutor Perini Corp (NYSE:TPC) by 7.2% during the 1st quarter, Holdings Channel reports. The firm owned 258,952 shares of the construction company’s stock after selling 20,145 shares during the quarter. JPMorgan Chase & Co.’s holdings in Tutor Perini were worth $5,710,000 at the end of the most recent reporting period.
The Nifty struggled around 10,690-10,700 levels and despite an intraday breakout above 10,700, bulls failed to sustain above 10690 on a closing basis. But, the up move could well extend towards 10,777-10,800 and a stop loss below 10,628 can be kept for all the long positions, suggest experts.
India VIX moved up by 3.28 percent at 13.05 levels. On the options front, maximum Put OI is....More>>>
The Canadian dollar has soared 8% this year – which is a big move in the currency markets. But based on our research, those big gains are likely to end soon… You see, the Canadian dollar just hit its "most loved" level since 2013. It's now at a sentiment extreme. We love to see sentiment extremes like this… They're great opportunities for....More>>>
The U.S. dollar edged higher Tuesday, recovering from earlier weakness, but lost ground versus its partners in the North American Free Trade Agreement, following a report that President Donald Trump was looking for a renegotiated deal in principle in the next two weeks.
Check out: Mexican peso, Canadian dollar cut losses on report that Trump urges Nafta deal in 2 weeks
Zacks Investment Research upgraded shares of Southern First Bancshares (NASDAQ:SFST) from a hold rating to a buy rating in a report published on Friday morning. Zacks Investment Research currently has $52.00 target price on the bank’s stock.
According to Zacks, “Greenville First Bancshares, Inc. is the holding company for Greenville First Bank, N.A., a national banking association....More>>>
Monday June 19: Five things the markets are talking about
Last week saw a plethora of bad economic news stateside, starting with continued weakness in inflation, consumer confidence, housing and manufacturing. The Fed followed their script and removed the expected amount of stimulus on the assumption that inflation and the U.S economy will improve.
&l;p&g;&l;img class=&q;size-full wp-image-18407&q; src=&q;http://blogs-images.forbes.com/nathanvardi/files/2018/03/Brian-Sheth-vista2.jpg?width=960&q; alt=&q;brian sheth vista&q; data-height=&q;508&q; data-width=&q;690&q;&g; Brian N. Sheth, the co-founder and President of Vista Equity Partners.
One deal was for $4.3 billion to purchase Tibco Software. Another was a $6.5 billion acquisition....More>>>
U.S. banks reduced their holdings of state and local government bonds for the first time since 2009 after the federal government slashed corporate tax rates, making the securities less valuable to one of the market’s key buyers.
Figures released by the Federal Reserve Thursday show that the lenders’ holdings of municipal debt dropped by $15.8 billion during the first three months....More>>>
Canadian home sales fell to the lowest in more than five years in April, as tougher mortgage qualification rules deterred buyers.
The number of homes sold last month declined 2.9 percent from March, the Canadian Real Estate Association said Tuesday from Ottawa. Declines were recorded in about 60 percent of cities tracked including Vancouver, Calgary, Toronto and Montreal.
Commerce Bank grew its stake in Pfizer Inc. (NYSE:PFE) by 17.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,177,243 shares of the biopharmaceutical company’s stock after acquiring an additional 463,796 shares during the period. Pfizer comprises 1.5% of Commerce Bank’s investment portfolio, making the stock its 8th biggest holding.....More>>>
Norinchukin Bank The lifted its holdings in Roper Technologies Inc (NYSE:ROP) by 15.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,423 shares of the industrial products company’s stock after purchasing an additional 1,238 shares during the period. Norinchukin Bank The’s holdings in Roper Technologies....More>>>
Retirees interested in the security of guaranteed income often turn to immediate annuities, which provide regular payments that begin right away in exchange for a lump-sum investment. In recent years, that guarantee has come at a price: Low interest rates have depressed monthly payments. But rates have begun to move up and are expected to climb higher. Annuity payouts are rising, too.
Energen (NYSE:EGN) has been given a $79.00 price objective by research analysts at Williams Capital in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the oil and gas producer’s stock. Williams Capital’s target price points to a potential upside of 24.06% from the stock’s current price.
EGN has been the subject of several other....More>>>
Saudi Arabian Oil Co. and Total SA are weighing jointly buying businesses such as Tas’helat Marketing Co. to gain access to networks of retail fuel stations in the Gulf kingdom, according to people with knowledge of the matter.
The state-owned company, known as Aramco, and the French oil giant are also looking at a range of options from consolidating some service stations to potentially....More>>>
7 Reasons Teslas Stock Should Continue To Appreciate
Tesla (TSLA) reported a wider than expected loss Wednesday after the bell, the biggest in the companys history. Teslas net loss for the quarter amounted to roughly $718 million, a considerable $4.22 cents a share.
Penske Automotive Group (NYSE: PAG) is one of 20 publicly-traded companies in the “Automotive dealers & gasoline service stations” industry, but how does it compare to its peers? We will compare Penske Automotive Group to similar companies based on the strength of its earnings, v
Wall Street brokerages expect Illinois Tool Works (NYSE:ITW) to report $1.96 earnings per share for the current quarter, Zacks reports. Five analysts have issued estimates for Illinois Tool Works’ earnings, with estimates ranging from $1.95 to $1.99. Illinois Tool Works reported earnings pe
Red Rock Resorts Inc (NASDAQ:RRR) was the target of some unusual options trading activity on Thursday. Investors acquired 1,886 put options on the stock. This is an increase of approximately 1,036% compared to the average volume of 166 put options.