After eight-straight losing sessions, the Dow Jones Industrial Average ($DJI) might draw support Friday from stronger overseas markets overnight. Without much data or earnings news on the calendar, the focus sits squarely on OPEC amid talk that a crude oil production increase might be in the card
Retirement is a milestone most of us will someday reach, because few people work until the end of their lives. But only around one-third of Americans are very confident they'll have enough money to live comfortably -- and some may actually be too confident, because we tend to overestimate how lo
Another fatal crash involving a Tesla Inc. electric car is under scrutiny following Chief Executive Officer Elon Musk’s latest lashing-out over media coverage of his electric-car maker.
Police in southern Switzerland are investigating the death of a German man whose Tesla crashed into a guardrail and burst into flames last week, the Associated Press reported Tuesday. Bloomberg News....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-941445696&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/941445696/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; The opening numbers are displayed on the floor during Spotify&s;s listing, technically said to be a &q;non-IPO&q; at the New York Stock Exchange on Tuesday, April 3, 2018 in New York.....More>>>
What’s Next: Bob Iger vs. Brian Roberts. Well-placed sources tell me Disney and 21st Century Fox are scheming a counter-counter offer for Sky now that Comcast has officially made its bid for the British broadcaster. What remains to be seen is whether Disney will cut out Fox as the middle man and lead the pitch itself.
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More than two years after a government crackdown on corruption sent Macau gaming stocks tumbling, The Chinese government has unveiled yet another new regulation on the Macau gaming industry that has hit gaming stocks hard. The latest new law cut the daily ATM withdrawal limit in Macau from 10,000 patacas to 5,000 patacas, or roughly $626.
Unfortunately, transparency and predictability has....More>>>
Investment company Westbourne Investment Advisors, Inc. buys Eaton Vance Durationome Fund, Pioneer Floating Rate Trust Shares of Beneficial I, Red Hat, Facebook, Western Asset Managed Municipals Fund, Dollar Tree, Whirlpool, Vanguard Short-Termorate Bond ETF, Western Asset Bond Fund Share of Beneficial Intere, Regions Financial, sells PulteGroup, Tiffany, Humana, Macy’s, Norfolk Southern during....More>>>
Shares of Innoviva (NASDAQ:INVA), a biotechnology royalty company that develops respiratory therapeutics and is perhaps best known as GlaxoSmithKline’s (NYSE:GSK) development partner for its multiple next-generation COPD and asthma products, fell as much as 11% on Thursday. The reason behind Innoviva’s bad day can be traced to a proxy battle with activist hedge....More>>>
Matchpool, the incentive-based community platform that is touted as allowing anyone to open their own “matchmaking pool”, is to launch a crowdfund campaign later this month in a move described by the blockchain start-up’s CEO and co-founder Yonatan Ben Shimon, a former hedge fund manager, to disrupt the dating scene on a “global scale.”
It may be high time for stock-market bears to throw in the towel. All the pundits and prognosticators side-eyeing (that means, a sidelong glance or gaze, especially when expressing scorn, suspicion, disapproval, or veiled curiosity, according to Merriam-Webster) record-breaking equity indexes must be feeling awfully close to the point of capitulation, right about now.
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
Havven (CURRENCY:HAV) traded 9.4% lower against the dollar during the one day period ending at 8:00 AM Eastern on June 11th. Havven has a market cap of $29.29 million and approximately $969,776.00 worth of Havven was traded on exchanges in the last 24 hours. In the last seven days, Havven has tr
About a month ago, Tesla(NASDAQ:TSLA) CEO Elon Musk did investors a disservice when he dismissed very legitimate questions from sell-side Street analysts. Musk incorrectly thought that the analysts were trying to justify their short theses, which wasn't the case and later conceded that it was "fo
Despite a growing economy and the lowest U.S. unemployment rate in 16 years, things arent looking up for many Americans financial fragility is especially an issue for people with low incomes and for minorities, according to the new 2017 Prosperity Now Scorecard.
Shares of Parker Drilling (NYSE:PKD) were down 2.3% on Thursday . The stock traded as low as $0.41 and last traded at $0.42. Approximately 26,000 shares were traded during trading, a decline of 99% from the average daily volume of 2,172,783 shares. The stock had previously closed at $0.43.