Market News
Broad Rally Pushes Stock Indexes Higher
Wall Street Journal - 29 Aug 2023 23:23
U.S. stocks rose for a third consecutive session, cutting into August losses, as growth-oriented sectors led the way.
SEC Settles Cease-and-Desist Order Against Citigroup Global Markets
Wall Street Journal - 29 Aug 2023 23:47
The Securities and Exchange Commission settled proceedings against Citigroup's broker-dealer unit regarding its underwriting business.
What's Behind $1 Trillion in Credit-Card Balances?
Wall Street Journal - 29 Aug 2023 16:00
If your credit-card bill is growing every month, don't blame rising interest rates. Look in the mirror.
A Quality Executive Compensation Plan Lowers The Risk Of Investing In Humana
Forbes - 29 Aug 2023 23:26
Humana (HUM) is the featured stock in August's Exec Comp Aligned with ROIC Model Portfolio.
The Good And Bad: Paccar Inc. & Mueller Water Products
Forbes - 29 Aug 2023 23:16
See two of the featured stocks from this month's model portfolios.
Short-Sightedness And Failure Of Europe's Energy Risk Mitigation Strategies
Forbes - 29 Aug 2023 23:14
Elevated premiums in the European natural gas markets are a relatively new development. But anxieties over supply security and gas prices have been years in the making.
What's Happening With 3M Stock?
Forbes - 29 Aug 2023 19:45
3M stock (NYSE: MMM) has seen a 7% fall in a month, compared to a 3% fall for the broader S&P500 index.
How do nominees differ from legal heirs?
livemint.com - 29 Aug 2023 19:34
It is settled law that a nominee does not become the owner of the property. Nominee holds the property in trust for the legal heirs.
Laws hampering tax neutrality on restructuring
livemint.com - 29 Aug 2023 19:28
A large listed company recently announced that it would cancel the equity shares with DVRs that it had issued and instead allot a lesser number of ordinary equity shares to the DVR shareholders.
Why it is better to prepay part of your home loan EMIs regularly
livemint.com - 29 Aug 2023 19:21
Rising interest rates extend the tenure of home loans, so experts say it is wiser to opt for higher EMIs.
Job Market Cools but Is Far From Freezing
Wall Street Journal - 29 Aug 2023 18:27
The pace of hiring is slowing, but employers would rather hang onto their workers than lay them off.
Ex-Dividend Reminder: Kellogg, Kraft Heinz And Tyson Foods
Forbes - 29 Aug 2023 17:27
On 8/31/23, Kellogg, Kraft Heinz, and Tyson Foods will all trade ex-dividend
Grayscale Wins Lawsuit Against SEC Over Bitcoin ETF
Wall Street Journal - 29 Aug 2023 17:10
A federal judge ruled that the Securities and Exchange Commission must reconsider crypto asset manager Grayscale Investments' application to launch a bitcoin exchange-traded fund, dealing a loss to the regulator and poss...
Best Buy scales back sales outlook as results top expectations
CNBC - 29 Aug 2023 16:06
While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook.
Nio reports wider second-quarter loss amid China slowdown and product line revamp
CNBC - 29 Aug 2023 15:55
Nio's second-quarter loss widened from a year ago, as it overhauled key products amid an economic slowdown in China. But deliveries are already rebounding.
Will Edwards Lifesciences Stock Recover To Its Pre-Inflation Shock Highs Of $130?
Forbes - 29 Aug 2023 15:00
Investors still have concerns about a potential recession despite a steady decline in the inflation rate in response to the Fed's aggressive rate hike plan.
Investors Make These 2 'Dividend Blunders' WAY Too Often
Forbes - 29 Aug 2023 14:32
Over a decade ago, closed-end funds (CEFs) helped me achieve financial independence. Since then I've seen hundreds of other people use them to get there, too.
Will Cybertruck Launch Drive The Next Leg Of Tesla Stock's Rally?
Forbes - 29 Aug 2023 13:00
Tesla stock has done exceedingly well, rising by over 93% year-to-date .
Federated Hermes Can Fly as High Rates Linger
Wall Street Journal - 29 Aug 2023 13:00
The long adjustment to higher yields can still benefit one of the biggest managers of money-market funds.
U.S. Steel Can Ride the Coattails of a U.S. Manufacturing Boom
Wall Street Journal - 29 Aug 2023 12:00
Heavy investment pouring into the U.S. auto sector helps make the company an interesting play on an American manufacturing renaissance.
Which small savings scheme to prefer as PPF, bank fixed deposit fail to produce inflation-beating returns
livemint.com - 29 Aug 2023 11:42
Investors must ensure returns beat inflation; Indian retail inflation rate in July 2023 was 7.44%; bank FDs and PPF do not produce inflation-beating returns
Private Equity Sees Money In Bringing You a Faster Internet Connection
Wall Street Journal - 29 Aug 2023 11:30
Telecom companies are selling bonds at a rapid clip so that they can expand high-speed internet in small and midsize cities.