Investment company Lodestar Investment Counsel Llc buys Illinois Tool Works Inc, SPDR S&P 500, Public Storage, iShares Russell 2000 Growth, DowDuPont Inc, Brighthouse Financial Inc, iShares Russell Midcap Growth, Omega Healthcare Investors Inc, Enbridge Inc, iShares Russell Mid-Cap, sells Omnicom Group Inc, E.I. du Pont de Nemours, Verizon Communications Inc, Dun & Bradstreet Corp during....More>>>
NEW YORK Stocks fellWednesday as the Dow dropped more than 100 points, putting more distance between the blue chipsand that elusive 20,000 mark.
Dow 20,000 has been in sight for several days now, with the index getting as close as a couple of dozen points from the milestone but never reaching it.
At the 4 p.m. ET close, the Dow stood0.6% lower for the day, off 111points and 166away....More>>>
The world’s largest automaker is putting big money into electric vehicles in China.
Volkswagen (VLKAF) and its local partners plan to invest more than 10 billion ($11.8 billion) to build electric and hybrid cars in the country — the world’s biggest auto market — over the next seven to eight years.
More electric vehicles are sold in China than anywhere else....More>>>
Photographer: Saul Martinez/Bloomberg
A strategic mistake made six years ago by celebrity CEO Ron Johnson continues to haunt popular retailer JC Penney, as evidenced by the ongoing sluggish sales growth and store closings that have made the company smaller—a fraction of what it once was.
Meanwhile, investors have been bailing out from the company’s stock,....More>>>
Analysts expect Student Transportation Inc. (NASDAQ:STB) (TSE:STB) to report $198.46 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Student Transportation’s earnings, with the lowest sales estimate coming in at $196.00 million and the highest estimate coming in at $202.78 million. Student Transportation reported sales of....More>>>
When the now eight-year-old bull market meets its demise, the most likely culprit will be higher interest rates, say a preponderance of global fund managers. And when it comes to long-term rates, they have a level in mind.
The Bank of America Merrill Lynch global fund manager survey for March, released Tuesday, showed that 36% of respondents expect higher rates to be the most likely catalyst....More>>>
MVC Capital, Inc. (NYSE:MVC) is a business development company specializing in equity, acquisition financing, and mezzanine financing, The company invests in the form of preferred and common equity, and warrants or rights to acquire equity interests; bridge loans; term loans; debt; cash flow loans; senior and subordinated loans; convertible securities;....More>>>
Seattle, WA, based Investment company Archon Capital Management LLC buys Chipotle Mexican Grill Inc, Vericel Corp, Vasco Data Security International Inc, ChannelAdvisor Corp, Fogo de Chao Inc, Zendesk Inc, I.D. Systems Inc, U.S. Auto Parts Network Inc, Zix Corp, NAPCO Security Technologies Inc, sells Akamai Technologies Inc, TripAdvisor Inc, Twilio Inc, Datawatch Corp, Mitek Systems Inc during the....More>>>
You don’t always get do-overs in life, but when it comes to mortgages, you can often refinance your current loan into another one. Doing so can shrink your interest rate, lower your monthly payments, or achieve other goals. Luckily, this is a promising time to refinance, as interest rates remain near historic lows.
Just be sure not to commit any big blunders when refinancing, lest you....More>>>
HP Inc. (NYSE: HPQ) released fiscal first-quarter financial results after the markets closed on Wednesday. The company said that it had $0.38 in earnings per share (EPS) and $12.68 billion in revenue. The consensus estimates from Thomson Reuters called for $0.37 in EPS and $11.85 billion in revenue. The same period from last year had $0.36 in EPS and $12.25 billion in revenue.
In terms of....More>>>