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
Choice Hotels (NYSE:CHH) declared a quarterly dividend on Friday, April 20th, RTT News reports. Investors of record on Monday, July 2nd will be paid a dividend of 0.215 per share on Tuesday, July 17th. This represents a $0.86 dividend on an annualized basis and a yield of 1.06%.
Choice Hotels has raised its dividend by an average of 5.1% annually over the last three years and has increased....More>>>
Interest rates at FDIC-insured banks remain at an all-time low. I’ve tracked rates for more than a decade on sites such as Magnify Money and Consumerism Commentary. Back in the day rates of 5.00% or more were common. It may take us years to get back to those levels.
Automated teller machines (ATM) are seen inside a Citigroup Inc. bank branch in Chicago, Illinois, U.S., on Saturday,....More>>>
U.S. stock futures drifted lower on Tuesday, with investors still reluctant to make any big bets ahead of the start of the two-day Federal Open Market Committee meeting.
Meanwhile, a blizzard bearing down on New York City threatened to cut into trading volumes, with thousands of flights already canceled across parts of the East Coast and a state of emergency declared for the city itself.....More>>>
The major indexes rose to new highs this week as investorsignored the chaos in Washington and refused to let the market fall.
The S&P 500 rose 1.5% this week after advancing 0.2% to 2,351.16 today, while the Dow Jones Industrial Average gained 1.7% this week after ticking up 4.28 points to 20,624.05. The Nasdaq Composite climbed 1.8% this week after today.
No matter how busy she is, and even when she’s on vacation, Erin McLeod stops every night at 10 p.m. to make a phone call. On the other end is her 104-year-old friend, Henrietta Daytz, in her assisted-living facility in Sarasota, Fla. McLeod asks about Henriettas day and wishes her a good night. Shes like family now, says McLeod, president of the Senior Friendship Centers in Florida, which....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
Make way for some waves. CVS Health (CVS) and Express Scripts (ESRX) have released their formulary exclusion list for 2017, which details which prescription drugs will not be covered by health plans.
Why do we care? Commercial payors have been showing signs of pushing back against high drugs costs, which is a huge concern for drug companies and their investors. The coverage list determines....More>>>
Is it possible to begin with nothing and acquire wealth in America? Is it still possible today? I've been studying that question for almost 20 years. And the answer is unequivocal: It is. It is still possible for ordinary, wage-earning Americans to become wealthy. From my research, I have seen that there are basically three ways to get rich: 1. Slowly (in....More>>>
After U.S. markets closed Monday and were opening in the Far East, test data inadvertently went live causing some Nasdaq stock quotes to be reported incorrectly. No actual trades were affected, however, and the glitch did not affect quotes on any NYSE stock.
The faulty data reset the per share price for several stocks at exactly $123.47. That caused Apple Inc. (NASDAQ: AAPL) to drop 14%,....More>>>
Non farm payroll numbers certainly disappointed Friday with the USD selling off following the report. Nonetheless, it is important to note that after revisions, an average of 232,000 jobs have been created over the last three months which is a very healthy pace of hiring.
Whilst hiring has been healthy over the last three months, low wage growth and underemployment continues to suggest the....More>>>
Few stocks have been chosen as the cornerstone in retirement portfolios as often asCoke(NYSE:KO) andProcter & Gamble(NYSE:PG). These dividend-paying stalwarts are looked on to provide safety and stability for nest eggs -- and for good reason: between mid-2000 and the end of 2014, they retur
Wall Street brokerages expect CSX Co. (NASDAQ:CSX) to announce earnings per share (EPS) of $0.84 for the current quarter, Zacks reports. Seven analysts have issued estimates for CSX’s earnings, with the lowest EPS estimate coming in at $0.81 and the highest estimate coming in at $0.87. CS