Did you panic? Were you afraid? Last month, on Wednesday, May 17, stocks got beaten up. After starting the week at new highs (around 2,400 on the S&P 500 Index), stocks fell nearly 2% – their worst one-day fall this year. Anytime investors are reminded that stocks can go down as well as up in value, our mailbag "lights up." Subscribers suddenly want to have constant....More>>>
Top executives at United Parcel Service Inc. (NYSE: UPS) took home outrageously high compensation last year, even though the parcel carrier missed many of its performance targets, like revenue growth and total shareholder returns.
In fact, UPS said in its March filings with the U.S. Securities and Exchange Commission (SEC) its three-year performance missed targets for revenue growth,....More>>>
This article originally appeared on Finbox.io
Earnings Expected Thursday
Skechers USA Inc (NYSE: SKX) is expected to report earnings on Thursday after the market closes. The footwear company has generally traded lower over the last eight quarters....More>>>
American families can afford bigger helping of Thanksgiving dinner this year.
A classic Thanksgiving dinner will cost$49.87 for a gathering of 10, just under $5 per person, according to figures out this week from the American Farm Bureau Federation. The total is a step back from 2015s all-time high of $50.11.
If you adjust for inflation, the price is lower this year than when we first....More>>>
When will retailers learn thatAmazon.com(NASDAQ:AMZN)is not their friend? Over and over again, retailers think that by partnering with the e-commerce king they’ll benefit through some sort of halo effect that will allow the tremendous traffic Amazon drives to trickle down to them and boost their own sales. Rarely, though, does it seem to ever happen, and Amazon continues to undermine its competition....More>>>
Brazilian oil giant Petrobras (NYSE:PBR) remained focused on reducing its cost base when oil prices were going south. But, the good part is that the price of the commodity is now picking up pace, with Brent crude now consistently trading above $55 per barrel after the production curtailment decision by the OPEC and non-OPEC countries.
This is great news for Petrobras investors since the company’s....More>>>
Kraft Heinz has put its plans to buy British and Dutch food and personal care products conglomerate Unilever back on the shelf after Unilever turned down its $140 billion bid.
But the ketchup and macaroni and cheese king could still be interested in shopping for another big maker of supermarket staples.
Kraft Heinz (KHC) is backed by Warren Buffett. His Berkshire Hathaway (BRKB)....More>>>
Roth IRA conversions have the potential to create considerable value for people who have enough funds available outside of their retirement accounts to cover the taxes they generate. Roth conversions benefit from not being subject to the 2016 contribution limit of $5,500 per year (or $6,500, if you’re age 50 or older) or any income limitations.
See Also: How to Unwind a Roth Conversion....More>>>