Rio Tinto plc ADR Common Stock (NYSE:RIO) traded down 5% during mid-day trading on Wednesday . The stock traded as low as $52.98 and last traded at $53.38. 6,098,501 shares were traded during trading, an increase of 99% from the average session volume of 3,070,225 shares. The stock had previousl
White Gold Corp. (CVE:WGO) Director David D’onofrio purchased 49,000 shares of the business’s stock in a transaction on Friday, April 20th. The shares were acquired at an average price of C$0.80 per share, with a total value of C$39,200.00.
Attempting to sustain a fixed living standard using distributions from a portfolio of volatile assets is an inefficient retirement income strategy. This is a unique source of sequence risk. Four general techniques for managing sequence risk in retirement are highlighted in Exhibit 1.
Approaches for Managing Sequence of Returns Risk in Retirement
Wynn Resorts (NASDAQ:WYNN) (+98%, +4.21%, +14%, +0.44%), the U.S. and Macau gaming company, was the largest contributor to the Fund’s 2017 performance with strong earnings growth in Macau and Las Vegas. Industry gross gaming revenues (GGR) in Macau accelerated in the second half of 2017 well beyond full year GGR growth expectations. With major infrastructure projects moving closer to completion,....More>>>
After positive mid-stage trial data suggested earlier this year that it might be able to reshape the treatment of kidney failure in lupus patients, Aurinia Pharmaceuticals (NASDAQ:AUPH)has announced plans for a late-stage study that could eventually allow it to win regulatory OKs in the U.S., Europe, and Japan.
What’s going on
Aurinia Pharmaceuticals is working on voclosporin,....More>>>
The stock market’s post-election euphoria has subsided a bit. But the Dow is still trading above 19,000 — which means it is less than 5% away from topping the much sexier psychological milestone of 20,000 for the first time ever.
Will the Dow get past 20K anytime soon? Or will the Trump bump on Wall Street be replaced by the Trump slump?
March 8, 2017: Markets opened slightly higher Wednesday following the ADP report of a rise of 298,000 jobs last month. If Friday’s federal report on jobs is near that level, an interest rate high becomes a near certainty next week. A massive increase in the U.S. inventory of crude oil sent prices plummeting and left the energy sector as the day’s big loser. WTI crude oil for April delivery....More>>>
On Wednesday, our Elite Opportunity Pronewsletter suggestedmid cap cyber security solutions stock Fortinet Inc (NASDAQ: FTNT) as a new long term idea because:
we believe to be undervalued around current levels. And, with Trump having made cyber security a major focal point of his recent press conference, we’re convinced this is one space that has yet to really heat up under the new....More>>>
The ECB just announced a further reduction in interest rates, extended its QE program by increasing the rate at which buys assets, beefed up the TLTRO program and extended its horizon. It all sounds like good news and many of these actions had been expected in the last meeting of 2015 and they did not happen. Markets reacted very positively on announcement but later, after the press conference,....More>>>
After successive waves of indiscriminate selling and buying, the easy money has been made in midstream master limited partnerships (MLP). Going forward, investors must have a firm grasp on underlying fundamentals to achieve differentiated returns.
Midstream operators continue to face operational headwinds, including volumetric declines in some basins, the general lull in demand for incremental....More>>>
Alaska Airlines (NYSE:ALK) on April 4, 2016, officially announced the acquisition of Virgin America (NASDAQ:VA) for $57.00/share in an all-cash offer. At that time, the companies reported that the deal was expected to close by January 1, 2017.
From April 4, 2016 until September 21, 2016, Virgin America’s stock traded in the $55-$56/share range, at a slight discount to the offer of $57/share.....More>>>
News headlines about Accenture (NYSE:ACN) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a sc
Shares of Zoe's Kitchen (NYSE:ZOES) plunged 40% to an all-time low on May 25 after the Mediterranean-inspired restaurant chain missed first quarter expectations and slashed its full-year guidance. Zoe's revenue rose13% annually to $102.1 million, but that missed estimates by $3.2 million.
Countless workers look forward to retirement and the opportunity to do what they want with their time. But if you're not careful, retirement could end up being nothing more than an extended period of financial stress. Here are a few moves that could leave you distraught and cash-strapped during
Star Bulk Carriers (SBLK) is a dry bulk shipping pureplay, with 99 directly-owned vessels and 9 long-term leased vessels. They have a diversified fleet mix, but their primary exposure is towards the larger Capesize and Panamax segments, which are utilized mostly for i
Germany’s biggest lenders will see efforts to build their financial strength set back by two years if the European Union adopts new international standards for measuring risk, according to a banking lobby.
The Basel III rules keep the pressure on lenders to fire staff and hold back