Market News
Teachers Pay High Fees for Retirement Funds. Unions Are Partly to Blame.
Wall Street Journal - 18 Dec 2019 17:57
Groups representing municipal employees and teachers are often paid to endorse investment products for members' savings, which can carry high expenses that cut into the size of a retirement nest egg.
Renaissance Employees Could Face Clawbacks Over Hedge Fund's Tax Maneuver
Wall Street Journal - 18 Dec 2019 16:54
Jim Simons's Renaissance Technologies has produced the greatest investment returns of any hedge fund. Now, it also may be facing an unusually painful tax headache.
Options Traders Eye Insurance Even as Stocks Soar
Wall Street Journal - 18 Dec 2019 15:00
Options traders are paying up for bets that would profit if the S&P 500's record run came to a halt.
SEC Proposes Giving More Investors Access to Private Markets
Wall Street Journal - 18 Dec 2019 19:54
More Americans might be able to invest early in the next Uber or Facebook under a proposal approved Wednesday by the Securities and Exchange Commission.
Can Coca-Cola Bridge Its Revenue Gap With PepsiCo?
Forbes - 18 Dec 2019 17:30
PepsiCo (NASDAQ: PEP) and Coca-Cola (NYSE: KO) are the two largest non-alcoholic beverage manufacturers in the world with a range of sparkling soft drinks, juices, energy drinks, etc. Trefis details How Revenues For Coca...
New York Life to Buy Cigna's Life and Disability Insurance Unit for $6.3 Billion
Wall Street Journal - 18 Dec 2019 17:09
New York Life Insurance agreed to pay $6.3 billion in cash for a Cigna unit that sells nonmedical insurance products to employers, the two firms said.
Amazon And 4 Other Reasons To Avoid FedEx Stock
Forbes - 18 Dec 2019 17:00
FedEx will not be able to solve its problems fast. Expect future missed deliveries to Wall Street's earnings expectations.
Activist Urges Gaming and Leisure Properties to Seek Deal
Wall Street Journal - 18 Dec 2019 23:52
Activist investor Land & Buildings Investment Management has been buying shares in Gaming and Leisure Properties Inc. and is pushing the casino real estate owner to seek a merger.
Dollar Edges Higher as Investors Bet on Steady Rates
Wall Street Journal - 18 Dec 2019 22:58
The dollar moved up Wednesday, staying within its narrow range of the past few months as investors bet that U.S. rates will likely remain at their current levels well into next year.
Santa Claus Now, Insanity Later: Market Whipsaw Ahead
Forbes - 18 Dec 2019 22:39
A year after investors were duped by everyone's favorite stock market timing tool, the yuletide "Santa Claus Rally," it looks like the big man is ready to make it up.
Oil Prices Signal That Wall Street Is Dismissing Trump Impeachment
Forbes - 18 Dec 2019 20:51
Traders do not see the impeachment as an event that will impact the status quo, meaningfully disrupt the presidency or hurt the economy.
Fresh Credit Suisse Spying Report Puts Surveillance Tactics in Focus
Wall Street Journal - 18 Dec 2019 20:26
The bank is probing a third episode of alleged spying on a top executive, highlighting the pitfalls companies encounter when they physically monitor employees.
Crude Prices Edge Higher on Supply Data
Wall Street Journal - 18 Dec 2019 20:24
Oil prices swung between small gains and losses after government data showed that stockpiles last week fell less than some analysts had expected.
To Unlock the Potential of Cannabis, The Industry Needs More Research
Forbes - 18 Dec 2019 19:15
Researchers need more access to cannabis in order to learn more about its potential to treat illnesses.
Why Has Lululemon's Stock Jumped 3.4x in 3 Years?
Forbes - 18 Dec 2019 19:00
Lululemon Athletica Inc's. (NASDAQ: LULU) stock price rocketed from around $66 in January 2017 to roughly $225 now, led by strong revenue growth across all operating segments. Moreover, the strong growth of the athleisur...
Gambling Boss Wins Pay Jackpot
Wall Street Journal - 18 Dec 2019 18:57
The founder of online betting website Bet365 took home a paycheck of $362 million.
Footwear Stocks Extend Rally on Trade Relief
Wall Street Journal - 18 Dec 2019 18:46
The "phase one" U.S.-China trade deal is relieving some pressure on retailers, and UBS analysts think one group in particular stands to gain: Footwear stocks.
Is This Why China's Stock Market Is Up So Much In 2019?
Forbes - 18 Dec 2019 18:41
Here's how Chinese companies receiving subsidies this year have done in the stock market. Hint: pretty darn good!
Is Harley-Davidson Undervalued?
Forbes - 18 Dec 2019 18:30
No, as per Trefis Price estimate Harley-Davidson's (NYSE: HOG) stock has a fair value of $37, which is in line with the current market price. Harley-Davidson Motor Company was founded in 1903, and specializes in heavywei...
Learn These 2019 Market Lessons Or Doom Yourself To Repeating Avoidable Mistakes
Forbes - 18 Dec 2019 18:27
The (mostly) ups and downs of the 2019 market taught retirement savers invaluable lessons.
Fed Names Beth Anne Wilson to Head International Finance Division
Wall Street Journal - 18 Dec 2019 18:18
The Federal Reserve said a senior staff economist, Beth Anne Wilson, will lead its division of international finance beginning early next year.
Fiat Chrysler Is Still the Winner in Merger With Peugeot
Wall Street Journal - 18 Dec 2019 18:06
The merger of Fiat Chrysler and Peugeot has passed the first milestone on its long road to completion. Not much has changed, but the details that have are telling.