PayPal, the electronic payments firm, is entering the robo-advisory business. It has announced a new arrangement with Acorns, a robo-advisory firm focused on small investors, that essentially creates a two-way street for customers with accounts at....More>>>
What the Biggest BDs Are Saying About Trump’s Fiduciary Order
Sen. Warren: Fiduciary Rule Delay Would Hurt Financial Services Firms
The House Financial Services Committee will zero in this Congress on Dodd-Frank Act implementation, with a likely rollback of the law with the reintroduction this week of Rep. Jeb Hensarling’s Financial....More>>>
Galvin Slams SEC’s Piwowar Over Anti-Fiduciary Rule Comments
Wells Fargo & Co. customers accused the bank in a lawsuit of forcing them to pay for unnecessary auto insurance that drove some of them so far into a financial spiral that their vehicles were repossessed.
Money Morning Director of Technology & Venture Capital Research Michael A. Robinson already has a bullish Facebook stock price prediction, and we just received 1.3 billion more reasons to like Facebook Inc. (Nasdaq: FB) stock.
We’re going to get to his bold FB stock price prediction, which shows double-digit gains in the next three years, in just a bit.
Tata Motors (TTM) reported disappointing numbers in Q1FY18 with revenues down 10% YoY to Rs 586.5 bn as poor JLR performance, lower volume growth, higher commodities prices and higher incentives in the US market weighed down on its performance. However, net profit for the quarter was higher by 46% YoY to Rs 37.4 bn as it included a one-time pension benefit of ~Rs 36.1 bn.
Senate prepares to vote on skinny ACA change proposal
Vice President Breaks Health Bill Debate Tie
U.K. regulators set out plans for ensuring senior staff of financial-services firms can be held to account for misconduct on their watch, extending rules already in place for banks to almost all firms.
Shares of Fred’s (FRED) are up more than 3% today after activist investorAlden Global Capital announced a 25% stake in the retailer. But that’s pocket change compared to the 81% rise on Tuesday following the announcement that Fred’s would more than double in size by buying more than 800 stores from Rite Aid (RAD) and Walgreens Boots Alliance (WBA).
It's one of the few constants in the financial markets… Popular investment ideas are usually losers. As we often preach, it pays to be a contrarian. Or as billionaire investor Warren Buffett has famously said, "Be fearful when others are greedy, and greedy when others are fearful." Whatever phrase you choose… whenever the "crowd" is....More>>>
March has brought madness to airline stocks, including United Continental Holdings (UAL), Delta Air Lines (DAL), and American Airlines (AAL). But the recent pullbacks aren’t a buying opportunity, say Imperial Michael Derchin and Adam Hackel.
Agence France-Presse/Getty Images
I recommended United Continental on Nov. 19, the week that Warren Buffett’s Berkshire Hathaway....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.