May 1, 2017: Markets opened higher on Monday following an agreement that keeps the federal government solvent through the end of September. Blue chips have shown very little gain today, with telecom and utilities performing worst and tech and financials performing best. WTI crude oil for June delivery settled at $48.84 a barrel, down 1% on the day. June gold also dropped 1% for the day to settle....More>>>
INDIANAPOLIS Executives with electronics and appliance retailer HHGregg announced Tuesday that the struggling business has filed for Chapter 11 bankruptcy.
News of the filing comes just days after the company announced the shuttering of 88 stores in 15 states, a major move made to give the retailer a better chance at survival.
Indianapolis-based HHGregg has signed a term sheet with....More>>>
Friday was a mixed day for the stock market; the Dow Jones Industrials fell slightly even as the S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite finished higher. The S&P 500’s gains of about a fifth of a percent were propelled in part by favorable economic data showing that retail sales climbed by 0.6% in December, driven by strong performance in the automotive sector. Solid bank earnings....More>>>
Here’s what Jim Cramer had to say about some of the stocks during the Mad Money Lightning Round:
Visteon (VC) : “You need to let this one come down a little, then pull the trigger.”
American Tower (AMT) : “This is the best in the business and is worth owning, even if the chart looks terrible.”
Mattel (MAT) : “I think you’re OK but I....More>>>
We’re stressed out aboutourretirement prospects but doing little to get ready, a new report says.
Three in 10 U.S. workers say they feel mentally or emotionally stressed about preparing for what are supposed to be thegolden years, according to the Employee Benefit Research Institute’s 2017 Retirement Confidence Survey, the nation’s longest-running examination of its kind.
Related SPY Grasso: Don't Buy Right Now After-Hours Recap: The Markets' Big Week And Some After-Hours Movers Futures flat ahead of big week (Seeking Alpha) Related USO Japan Stocks Extend Winning Streak While Asia, Europe Mostly Lower Crude Makes New High For Move And Retreats ....More>>>
For many years, low-cost carriers have had trouble getting slots at Mexico City’s congested airport. Thus, when Delta Air Lines (NYSE:DAL) recently decided to pursue a joint venture with top Mexican airline Aeromexico, regulators at the Department of Transportation (DOT) demanded concessions that would improve competition in Mexico City.
To meet this condition, Delta and Aeromexico....More>>>