Market News
Goldman Unit in Talks to Buy a Stake in Permira
Wall Street Journal - 5 Mar 2020 20:38
A unit of Goldman Sachs is in talks to buy a stake in Permira, in a deal that would value the private-equity firm at more than $5 billion.
SEC Plan Would Allow Startups to Raise More Money Under Light-Touch Rules
Wall Street Journal - 5 Mar 2020 03:54
The proposal seeks to further ease rules for measures such as crowdfunding, which was supposed to make it cheaper and easier for small companies to raise limited pools of capital online
Blackstone Overtakes Goldman Sachs And Morgan Stanley Amid The Coronavirus Chaos
Forbes - 5 Mar 2020 18:18
Blackstone Group, co-founded by billionaire Stephen Schwarzman, overtook Goldman Sachs in market value, capping an epic regime change on Wall Street.
Stocks to Watch: Zoom Video, United Airlines
Wall Street Journal - 5 Mar 2020 12:12
Zoom Video, Campbell Soup, United Airlines and Brown-Forman are among the companies with shares expected to trade actively in Thursday's session.
Defense On Field, Offense On Bench: Risk-Off Sentiment Rushes Back As Virus Cases Weigh
Forbes - 5 Mar 2020 23:56
It was another ugly, ugly day due to the coronavirus. Once again, the defense is on the field and the offense is on the bench as investors appear to be moving into a risk-off position for now.
Here's Why You Shouldn't Panic Over China's Factory Slowdown
Forbes - 5 Mar 2020 23:37
A huge factor in understanding why the coronavirus has been so impactful is China's size today relative to its size during the financial crisis. It only makes sense--the bigger the economy, the bigger the effect.
NU Skin Enterprises Breaks Above 6% Yield Territory
Forbes - 5 Mar 2020 22:28
In trading on Thursday, shares of NU Skin Enterprises, Inc. (NYSE:NUS) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5), with the stock changing hands as low as $24.34 on the day.
5 Ways To Adjust Your Retirement Planning Annually
Forbes - 5 Mar 2020 20:55
Markets go up and down, and if you're in your 50s or 60s, you still likely have years ahead of working and earning an income.
Europe Is Long on Worry but Short of the Safest Type of Bonds
Wall Street Journal - 5 Mar 2020 20:32
Demand for Germany's 'bunds' is soaring, sending the yield down faster than for other European governments' debt, amid worry about the coronavirus's effects.
Oil Prices Waver After OPEC Agrees to Cut Output
Wall Street Journal - 5 Mar 2020 19:52
The cartel opted to curb production among member nations by 1 million barrels a day in response to reduced demand owing to the coronavirus epidemic.
The Email Is the Message for Wall Street
Wall Street Journal - 5 Mar 2020 19:50
Monday's huge stock-price surge apparently produced an even bigger leap in email sent by Wall Street salespeople and traders to their clients.
OPEC Agrees to Drastic Oil Cuts Ahead of Russia Talks
Wall Street Journal - 5 Mar 2020 19:42
OPEC reached a preliminary agreement to cut crude output by 1 million barrels a day to support oil prices, as it seeks to persuade Russia to join its response to the coronavirus outbreak.
Daily Dividend Report: General Dynamics, Hess, Verizon Communications, Amgen, Philip Morris
Forbes - 5 Mar 2020 19:14
Daily Dividend Report: General Dynamics, Hess, Verizon Communications, Amgen, Philip Morris
OPEC: From Russia Without Love
Wall Street Journal - 5 Mar 2020 18:46
A cut from the cartel may be too little to stave off a further oil-price collapse, and Saudi Arabia will suffer more than most.
Hunger for Safe Assets Pulls Down Treasury Yields
Wall Street Journal - 5 Mar 2020 18:20
Treasury yields fell again Thursday, pulled down by investors' appetite for safe assets and wagers that the Federal Reserve will take further action to counter the economic impact of the novel coronavirus.
Why Does Everyone Suddenly Want A Free Trade Deal With Georgia?
Forbes - 5 Mar 2020 18:10
Foreign policy think tanks in DC think Trump should sign a free trade agreement with this small nation on the Black Sea. Why?
Media Companies Face New Hurdle as Coronavirus Weighs on Ad Spending
Wall Street Journal - 5 Mar 2020 18:08
The fallout from the coronavirus epidemic is threatening to weigh on advertising agencies and media companies' operations as the disruption to the global economy from travel bans and quarantines spreads further afield.
Demand at Fed's Repo Operations Still Strong, Especially for Longer Loans
Wall Street Journal - 5 Mar 2020 17:10
Major banks' demand for short-term cash from the Federal Reserve remained strong, although there was some softening in the appetite for overnight loans.
Earnings estimates are plummeting in Europe. Here's what that means for the US
CNBC - 5 Mar 2020 16:48
Should the virus spread in the U.S. as it is spreading in Italy, U.S. earnings could see similar declines.
Fidelity SAI U.S. Quality Index Fund's Methodology Finds Good Stocks
Forbes - 5 Mar 2020 16:19
This week I feature a fund that successfully executes a superior stock-picking methodology.
Coronavirus Piles More Pressure on the Struggling Car Industry
Wall Street Journal - 5 Mar 2020 15:43
This year is shaping up to be the toughest for manufacturers since 2009 as the epidemic hits auto sales while they're down.
Lessons from the Airline Industry's First Coronavirus Bankruptcy
Wall Street Journal - 5 Mar 2020 15:40
Regardless of how long the economic disruption caused by the Covid-19 outbreak turns out to last, with British regional airline Flybe it has already tipped at least one troubled company over the edge.