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>>>
Grupo Financiero Santander Mexico (NYSE:BSMX) is the third-largest financial group in Mexico based on total assets. As of September 30, 2016, the company had USD31.0bn in loans (14% market share) and USD30.5bn in deposits (14% market share). The group’s operations are divided through its two principal subsidiaries: Banco Santander Mexico, a commercial bank, and Casa....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
As Christmas day draws closer, signs of the holiday spirit are beginning to show. However, even as people plan their holidays, the financial markets remain alive and running, albeit at a slower rate. Understanding seasonality in the market can help you to identify the perfect timing to buy or sell a given financial instrument and make returns way above the market average. This is why, even during....More>>>
Between social media and all the talking heads on television, investors put up with a lot of useless noise when it comes to stock market.
The information flows thick and fast. Dramatic headlines that spew from financial websites (uh, even this one at times) make it tough for investors to keep their eyes on the prize. Unless youre a trader, youre better off tuning it all out, says Nick Maggiulli,....More>>>
Bank hacks on a Vietnamese and Bangladesh Central Bank through the financial messaging system Swift are a cause of concern for banks around the world.
New details emerged on last year's Tien Phong Commercial Joint Stock Bank hack, according to a Bloomberg report. Swift codes were identified to be embedded into the string used by the hacker and they identified "at least seven....More>>>
Bitcoin futures trading will play a key role in pushing the price of the cryptocurrency as high as $50,000 next year.
Bitcoin futures trading started at the CBOE Global Markets Inc. (Nasdaq: CBOE) on Dec. 10 and on the much larger CME Group Inc. (Nasdaq: CME) on Dec. 18. Nasdaq Inc. (Nasdaq: NDAQ) plans to begin trading Bitcoin futures in the first half of next year.
Some experts think it will be the trigger for the next financial collapse. Others call it a “national crisis” of unprecedented proportions.
But what all of them agree on is that there’s no way US pension funds can keep their promises to the next wave of retirees.
Right now, millions of Americans are hard at work believing their pensions will be....More>>>
Is an annuity is a good way for seniors to increase their income in retirement?–S.N.
The short answer is yes, an annuity can be a good way to safely get more income out of your retirement nest egg. But that doesn’t necessarily mean you should own one.
And even if you think you should, there are number of things you need to keep in mind before you consider buying an....More>>>
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