With Social Security funding issues around the corner, uncertain market conditions, long-term low interest rates and skyrocketing medical costs, American retirees are facing a laundry list of retirement challenges. The only certainty is that retirement is going to be dramatically different than the retirement previous generations encountered. In order to retire with financial security and dignity,....More>>>
Oil prices edged up on Wednesday as investors bet that major oil producers will stick to their deal to cut output next year and help rebalance the market.
While trading remained muted ahead of the holidays, crude prices have been bolstered in recent weeks by expectations that the Organization of the Petroleum Exporting Countries and some external producers will stick to a deal to reduce the....More>>>
Related Benzinga's Bulls And Bears For The Week: Starbucks, Tesla, United And More The Most Likely Targets For A Kraft Heinz Deal: Mondelez Or Pepsi Related VRX Bill Ackman Is Killin' It In Chipotle Citron Goes Short On FleetCor Valeant: It's Not a Game of Chess – The Lessons ....More>>>
Wells Fargo Credit Card Applications Plunge 55%
Wells Fargo is having a hard time getting Americans to sign up for credit cards these days. Credit card applications at Wells Fargo plunged by 55% in February, the sharpest decline since the bank’s fake account scandal erupted last September. In addition, consumers opened 43% fewer checking accounts than a year ago and interactions with....More>>>
Springtime — or the second calendar quarter of the year — generally isn’t a great one for the broad market. While the S&P 500 tends to do well during the first three months of the year, it hits a headwind in the second three. Not so for small-cap stocks.
The S&P 600 Small Cap Index, which measures the performance of companies with market capitalizations between....More>>>
Goldman Sachs analystWaqar Syed and team see “green shoots [appearing] in the distance” for oil-field-services sector…just not offshore drillers. They explain why they cut Atwood Oceanics (ATW) and Noble (NE) to sell, where they join Transocean (RIG):
Photo: George Osodi/Bloomberg
Avoid offshore drillers as high-priced backlog rolls over (Sell Transocean/Atwood....More>>>
Remember when Warren Buffett’s Berkshire Hathaway (BRK.B) bought shares of American Airlines (AAL), United Continental (UAL), Delta Air Lines (DAL), and Southwest Airlines (LUV). Short sellers sure do–and they’ve been running for cover ever since. S3 Partners’ Ihor Dusaniwsky explains:
Warren Buffett has not been a fan of the airline sector....More>>>