The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Two more big companies are passing savings from the tax bill along to employees.
Verizon (VZ) said in an internal memo Tuesday that it’s giving 50 shares of restricted stock to full-time employees who aren’t executives. The amount will be calculated based on Verizon’s stock value on February 1.
The company explained that the grant will vest over two years and....More>>>
The stock market lost ground on Thursday, but declines in the major benchmarks were relatively modest as low levels of volatility continued to prevail. The Dow had been down as much as 145 points earlier in the day as investors weighed the possibility that the controversial firing of FBI Director James Comey could set back the Trump administration’s domestic agenda for tax cuts, health reform,....More>>>
Chairman, CEO & President of American Assets Trust Inc (NYSE:AAT) Ernest S Rady bought 52,778 shares of AAT on 08/09/2017 at an average price of $40.17 a share. The total cost of this purchase was $2.1 million.
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company mainly invests in, operates, and develops retail, office,....More>>>
DOL Wont Delay June 9 Fiduciary Rule Compliance Date: Acosta
Distributions Out of a Cash Value Life Insurance Policy
A change added to the big health bill that the House passed May 4 could shut about one-sixth of U.S. sick people out of the individual major medical market, and push some of those sick people into employer-sponsored health....More>>>
Ionis Pharmaceuticals (NASDAQ:IONS) is a biotech company which develops RNA-targeted therapeutics and has been operating for over 26 years. The company has recently filed to spin-off its Akcea Therapeutic segment, focused on Volanesorsen and other drugs related to cardiometabolic diseases originated by lipid disorders.
Ionis Core, the company core segment, has developed a broad pipeline of....More>>>
DETROIT Volkswagen Group pleadedguilty Friday to three criminal chargesarising from its diesel emissions scandal, setting it up for a penalty that will probably propel its total costs fromthe debacle past the $20 billion mark.
U.S. District Court Judge Sean Coxin Detroitaccepted the plea but postponed agreeing to proposed fines and terms of a settlement. Another hearing was set for April....More>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....More>>>
For months, strategists warned that high valuations in the U.S. could leave stocks vulnerable to a correction. But valuations seemed to have had little hand in guiding investors during this year’s steep declines across global markets.
Equity markets that were relatively more “expensive”those with higher valuationsdidn’t suffer any more than their “cheaper”....More>>>
The Q4 2016 earnings report for small cap restaurant stock Potbelly Corp (NASDAQ: PBPB) is scheduled forafter the market closes on Tuesday (February 14). In mid December, our Under the Radar Moversnewsletter suggestedthe small cap as along/bullish trade for our long term portfolio:
Normally we’d hate restaurant stocks for the same reason we’d hate being in the restaurant business.....More>>>
SOFIA, Bulgaria The European Union has called on U.S. President Donald Trump's administration to stop threating it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss trade but not at gun-point.
In March, Trump slapped tariffs of 25% on steel imports and 10% on impo
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
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If you're not familiar with how Social Security works, you might assume that there's a single age at which eligible recipients have to file for benefits. Not so. You actually get an eight-year window to claim benefits that begins at age 62 and carries through until age 70. (Technically, you're no
The biopharma and drug supply chain sectors outperformed the market last week, even as Trump administration officials pressed the president's blueprint to lower drug prices, with tough rhetoric for drugmakers and public shaming of pharmaceutical firms for supposedly blocking competition.