Like a modern-day Helen of Troy, whose face famously launched a thousand ships, it looks like a tweet from Goldman Sachs CEO Lloyd Blankfein has launched a thousand Twitter takeover rumors.
Blankfein tweeted a picture of himself with Twitter (TWTR) CEO Jack Dorsey Wednesday along with the following joke: “And they say I don’t know jack!”
Blankfein was at Twitter....More>>>
Get ready for more “closing sale” signs in the windows of your local retailers.
Ascena Retail Group (ASNA) — which owns the Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Maurices and Catherines stores — plans to shutter between 250 and 650 locations over the next two years.
Chief executive David Jaffe made the announcement during a conference call....More>>>
Chicago, IL, based Investment company CMT Asset Management Ltd buys United States Steel Corp, United Continental Holdings Inc, Barrick Gold Corp, Town Sports International Holdings Inc, Oracle Corp, Newmont Mining Corp, Potbelly Corp, Sears Holdings Corp, AbbVie Inc, Gilead Sciences Inc, sells Twitter Inc, Nike Inc, Microsoft Corp, Wells Fargo, Vale SA during the 3-months ended 2017-09-30, according....More>>>
Stocks continued their 2018 rally on Wednesday, pushing to new highs despite the release of the latest Federal Reserve meeting minutes pointing to some policy confusion by officials. Some were worried about low inflation, while others worried about overly easy policy raising financial stability risks (that is, creating price bubbles).
Other news included reports of a processor design flaw....More>>>
Eight ways to hold precious metals: pick wisely.
Do you want a position in gold, either as an insurance policy against inflation or as a way to gamble? Pay attention to the tax angle. Tax rules vary according to how you hold the stake.
Bullion. Bars of gold, silver, palladium or the like are “collectibles,” with a maximum 28% federal tax on long-term gains. That compares....More>>>
Gold Mining Bull: Top News for February 2018
Here’s a monthly recap of the top news in the gold mining sector, including drill results, takeover announcements and other relevant updates; the purpose is to keep readers up-to-date on news in the sector. Here’s my update for January in case you missed it.
These updates also provide a quick glance at the performance of my....More>>>
Achiievers Equities’ commodity report on Gold
Gold trading range for the day is 28542-29040.
Gold edged lower pressured by a firmer dollar on the back of upbeat U.S. unemployment data and as some investors sold to redeem profits.
Investors digested minutes from Feds policy meeting released which showed that the central bank would start to unwind its $4.5 trillion balance....More>>>
The Dow industrials and S&P 500 eked out slight gains to close higher and halt a two-session decline on a light-volume Monday, while the Nasdaq finished in the red as investors remained cautious amid geopolitical tensions and ongoing domestic political turmoil.
The large-cap S&P 500 index
The U.S. dollar turned modestly lower late Wednesday, as foreign-exchange investors continued to track developments in trade, including White House remarks that Canada and Mexico could benefit from potential exemptions from tariffs on national security grounds.
News about top economic adviser Gary Cohn, a former Goldman Sachs executive widely regarded as a steady hand in the Trump administration,....More>>>
Nobel winners and business tycoons lined up this week to criticize bitcoin, the digital currency that has shattered records on its way past $11,000.
The harshest assessment came from Nobel laureate Joseph Stiglitz, who said that bitcoin “ought to be outlawed.”
“Bitcoin is successful only because of its potential for circumvention,” he told Bloomberg TV.....More>>>