May 23, 2017: Markets opened higher again Tuesday but have not moved much higher as the session went on. The blue chips performed best with particular strength in financials. Tech stocks and consumer discretionaries are on track for a down finish. WTI crude oil for July delivery settled at $51.47 a barrel, up 0.7%. June gold dipped 0.5% for the day to settle at $1,255.60. Equities were headed for....More>>>
Spirit Airlines(NASDAQ:SAVE)has one of the lowest cost structures in the airline industry, but that doesn’t mean that the carrier is immune to the pressures its fellow airlines are facing. For example, over the last two years, Spirit’s labor costs have climbed 4 percentage points, to 20% of total revenue. This is partly due to expanded pilot and crew hiring to accommodate increased capacity,....More>>>
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Shares of Vonage Holdings (NYSE:VG) rose 21.3% in 2016, according to data from S&P Global Market Intelligence.
The year didn’t start out on a great note. By the middle of May, share prices had plunged 33% lower year to date due to two lackluster earnings reports and one dilutive acquisition.
U.S. stock futures appear to be taking a breather this morning, after the major market indexes banked their second consecutive session of record highs on Friday. It will be a busy week for traders, as former FBI Director James Comey will testify this week before the Senate Intelligence Committee, the European Central Bank will hold a monetary policy meeting and U.K. election on Thursday could bring....More>>>
Visa (NYSE:V) has declined by more than 5% since the company announced changes to its debit transaction routing rules for merchants and acquirers.
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On November 2, the Federal Reserve published a clarification of Regulation II. The regulator confirmed that the set of rules prohibits all payment networks from restricting the number of networks....More>>>
Indian Prime Minister Narendra Modi and Leader of the Bharatiya Janata Party (BJP) gestures as he addresses a state assembly election rally in the village of Andawa on the outskirts of Allahabad on February 20, 2017. (Photo by SANJAY KANOJIA/AFP/Getty Images)
Here is a list of all that is good and great about India from a Wall Street point of view. No trade drama. No political....More>>>
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits.
Today’s column examines how spousal benefits are calculated, the ability to switch to a spousal benefit after taking a retirement benefit, the effect of collecting a spousal benefit on the other spouse’s retirement benefit, submitting an application....More>>>
Momenta Pharmaceuticals (NASDAQ:MNTA) reported fourth-quarter earnings on Tuesday, but analysts weren’t discussing the numbers. Instead, most of their questions focused on the company’s disclosure on Friday that the three-times-weekly version of Glatopa wouldn’t likely be approved this quarter.
Momenta Pharmaceuticals results: The raw numbers
Howard Schultz’s departure as CEO does not affect Starbucks’s (NASDAQ:SBUX) outlook because he has put in place the right strategy for the long term. While sixteen years ago his standing down as CEO led to a disappointing period for the company, this time it is different. The company is focused on emerging market expansion, the delivery of premium products to create a new niche and in....More>>>
31% Cut in Social Security Benefits Needed by 2031: CBO
3 Wishes 401(k) Participants Want Advisors to Grant in 2017
Dissecting the Donald Trump Effect
Raymond James is ending its recruiting year with a flurry of announcements. On Wednesday, it says it attracted an employee-advisor team from Wells Fargo Advisors with about $230 million in client assets and an independent team....More>>>