Minneapolis, MN, based Investment company Nepsis Capital Management, Inc. buys PetIQ Inc, Momo Inc, F5 Networks Inc, China Rapid Finance, Ventas Inc, Duke Energy Corp, sells Aetna Inc, Bank of America Corporation, The Kraft Heinz Co, Oracle Corp, Johnson & Johnson during the 3-months ended 2018-03-31, according to the most recent filings of the investment company, Nepsis Capital Management,....More>>>
In the past, workers often could rely on having two sources of retirement income: Social Security and the pension their employer paid them. Having two reliable monthly checks coming in made it possible to have a financially secure retirement without necessarily having a lot of outside savings.
Now, though, most companies don’t offer pensions, and it’s critical to save money....More>>>
On Friday, small cap The Stars Group (NASDAQ: TSG), a leading provider of technology-based products and services in the global gaming and interactive entertainment industries,rose 10.60%after updating itspreviously announced guidance ranges for the full year 2017 and announcing the prepayment of an additional $75 million of second lien debt. Through its Stars Interactive division, The Stars Group....More>>>
The shuttered Trump Taj Mahal casino in Atlantic City has found a buyer.
The new owner will be a group of investors led by Hard Rock International, the company behind Hard Rock Cafe.
President Trump once operated the hotel, but financed the project with junk bonds and could not cover their payments. He parted ways with the place in 2009.
Carl Icahn, who serves as an adviser....More>>>
Fasten your seat belts. Dramatic swings in the oil market may soon become the norm.
After a prolonged period of low prices and relative calm, oil watchers are predicting a surge of volatility following President Trump’s decision to reimpose sanctions on Iran. Crude has spiked 19% this year, to prices unseen since late 2014.
Taking away Iranian oil after production cuts by....More>>>
Across America, utility executives are getting grilled this earnings season about the consequences of tax reforms, slackening growth and possible mergers. In California, though, Wall Street just wants to know one thing: Are power companies going to take the heat for deadly wildfires?
California’s two largest utilities, PG&E Corp. and Edison International, have both seen billions....More>>>
International trading houses have stopped buying aluminum from United Co. Rusal as U.S. sanctions on the Russian company sent shock waves through the market for the metal used in everything from airplanes to beer cans.
Trading houses have been advised by their banks and lawyers that they can’t continue trading with the Russian company, according to executives at five companies that....More>>>
DOL Wont Delay June 9 Fiduciary Rule Compliance Date: Acosta
30 Best Paying College Majors: 2017
31 Worst Paying College Majors: 2017
Three-quarters of investors in a new survey by Fidelity Investments expressed confidence that professional management would help them meet their financial goals.
The survey found that the benefits of professional money management accrued....More>>>
&l;!–donotpaginate–&g;&l;p&g;A curveball on the regulatory front from South Korea has blown Bitcoin back down, with BTC – the Big Daddy of cryptocurrencies – slumping as much as 14% yesterday to around $13,500 before paring losses and rising back up to just shy of $15,000. Having raced towards $20,000 in recent weeks it is back below where it was trading in early December.
Source: ThinkstockDecember 18, 2017: The S&P 500 closed up 0.5% at 2,690.34. The DJIA closed up 0.6% at 24,792.96. Separately, the Nasdaq was up 0.8% at 6,994.76.
Monday was a great start to the week for the broad U.S. markets. Again all three of the major exchanges hit all-time highs. Notable highlights here were that the Nasdaq hit over the 7,000 mark for the first time ever and the....More>>>