"Having the most money doesn't always make you the winner," Moneyball author Michael Lewis said to us on stage. For example, in 2002, the Oakland Athletics had the third-lowest payroll of any team in baseball. The New York Yankees paid their players nearly three times more – an extra $80 million. Yet the two teams made it the same distance in the playoffs. ....More>>>
Boston, MA, based Investment company Fmr Llc buys Bank of Americaoration, Goldman Sachs Group, Coty, LyondellBasell Industries NV, Centennial Resource Development, Flowserve, Morgan Stanley, Northrop Grumman, CBOE Holdings, Capital One Financial, sells Medtronic PLC, Roper Technologies, CVS Health, NXP Semiconductors NV, Alibaba Group Holding during the 3-months ended 2016-12-31, according to the....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>>>
Papa Murphy’s Holdings Inc. (NASDAQ:FRSH), the well-known operator of the take-and-bake pizza chain, posted fourth-quarter and full-year 2016 results, including a 5% increase in total revenues. During the quarter, this pizza player opened 28 new stores, of which 27 were in the U.S.
Papa Murphy’s currently operates more than 1,575 franchised and corporate-owned pizza stores in....More>>>
Stocks dipped today as oil fell and investors digested last night’s U.S. presidential debate.
The S&P 500 fell 0.1% to 2,141.34 today, while the Dow Jones Industrial Average dropped 40.27 points, or 0.2%, to 18,162.35. The Nasdaq Composite declined 0.1% to 5,241.83. Oil dropped 2.3% to $50.43.
With the final debate finished, the market is looking....More>>>
November is typically open enrollment time for millions who gethealth insurance, disability insurance and other benefits from an employer. If youre one of them, among your important choices is whether you want a flexible spending account and how much money to deposit.
FSAs are available through some employers as a part of benefits packages. You can spend FSA money only on qualified medical....More>>>
Today, investors have an incredible opportunity to earn double-digit percentage rates of income. You simply have to look past conventional investments like bonds and mutual funds… Instead, look at unusual income plans like "Digital Utilities." As I'll show you today, this plan is paying out safe income streams of 15% or more… Traditional utility stocks....More>>>
The dollar strengthened against major rivals on Thursday, sending the ICE U.S. dollar index to a two-month high, as yet another Federal Reserve official appeared to back a buck-boosting interest-rate hike sooner rather than later.
The ICE U.S. Dollar Index ....More>>>
Big banks have gotten a boost today from JPMorgan Chase’s (JPM) dividend increase, and the hawkish Fed minutes, because higher rates are still expected to help banks out despite what happened last time. In a note previewing Wells Fargo’s (WFC) investor day on May 24, Jefferies analyst Ken Usdin and team write that “higher rates help, but other items weigh on longer-term net-interest-margin....More>>>
History has been made.
After last week’s primary victories in California, New Jersey and New Mexico, Hillary Clinton has all but clinched a history-making presidential nomination from a major political party when Democrats convene next month.
On a smaller scale, Clinton’s journey from her first widely known role as First Lady 20 years ago to seeking the Oval Office....More>>>