There’s little doubt that investing in well-run companies and holding their stocks for the long-term is one of the surest paths to financial security. What you may not know is that technology stocks have outperformed the broader market going back more than 10 years. Over the past 12 months, while the S&P 500has gained 12%, and the Dow Jones Industrial Averageis up nearly 14%, the NASDAQ....More>>>
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Jeffrey Hurd will be taking over as the chief operating officer at AXA Equitable Life Insurance April 1, according to AXA Equitable.
Hurd has been working for American International Group Inc., in a series of positions, since 1998.
Today, Seadrill (NYSE:SDRL) announced that the restructuring of the company is on the way, but as communicated earlier it’s turned out to be more difficult than expected. They now hope to get all of the parties to come to an agreement by end of April 2017. That is when the $317M facility on the rig West Eminence matures. Lenders have already given them more time, as the deadline for payment....More>>>
Look ata One Belt, One Road map showing how much of the world China’s new Silk Road economic initiative will involve and you’ll see one thing right away: This is a massive global undertaking with incredible potential for China, and investors.
China could invest over $5 trillion into building its Belt and Road initiative over the next 10 years. That could mean a near 50%....More>>>
General Electric was blasted on Wednesday by workers, retirees and shareholders bemoaning the downfall of the company they love.
At its annual meeting, GE (GE) got an earful from employees and investors who pleaded with management to right the ship after a disastrous year.
“I believe it was arrogance and a series of bad business decisions,” former employee Bill Freeda....More>>>
An extended bout of low prices and tepid wage growth are showing signs of ending and that has government-bond investors bracing for a new inflation regime.
Rising inflation is anathema to bonds because it can erode the securitys fixed value, which is a notable headwind for longer-dated government paper.
Contributing to the anticipation of higher inflation are climbing commodity prices,....More>>>
The past twelve months was an eventful period of time for General Electric (NYSE:GE), as the company made (or announced) several transformative transactions in 2016, but unlike some investors, the market has not yet bought into the hype.
Click to enlarge
As shown, GE shares have underperformed the broader market, S&P 500 (NYSEARCA:SPY), by a wide margin....More>>>
LM Funding America, Inc. (NASDAQ: LMFA) shares gained 93.8 percent to $5.83 after surging 34.98 percent on Wednesday.
Marathon Patent Group Inc (NASDAQ: MARA) shares climbed 81.74 percent to $3.98 after jumping 54.23 percent on Wednesday.
Riot Blockchain Inc (NASDAQ: RIOT) shares surged 25.1 percent to $20.00 after climbing 42.01 percent on Wednesday.
Seven Stars Cloud Group....More>>>
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on August 16, 2017 in New York. Wall Street stocks rose early Wednesday ahead of the release of Federal Reserve meeting minutes expected to shed light on the prospects of another interest rate increase in 2017. (BRYAN R. SMITH/AFP/Getty Images)
The Dow Jones Industrial Average begins....More>>>
I had expected IAMGOLD (NYSE:IAG) to post an impressive turnaround in the second half of the year on the back of an improvement in gold prices and the company’s efforts of lowering its cost base. This is exactly what happened when the company released its third-quarter results a couple of weeks ago.
Pulling the right strings
In fact, IAMGOLD blew past Wall Street estimates for....More>>>