Rick Snyder, Maxim Group analyst, explains his "hold" call on JC Penney, which he says is "a very risky stock."
Daniel S: Should Africa be responsible for reparations as well, as the slaves were almost always those sold into slavery by rival tribes/nations? What of all of Latin America as well, who absolutely brought in a higher number of slaves than did the US? And in the case of the US, who pays for it? Do Asian Americans get an exemption? What of Italian and Irish Americans, who almost all immigrated in after slavery had ended? It just plain does not make rational sense.
Anyone who missed last night’s presidential debate and turned to social media to try to determine how it went might have a difficult time figuring out whether Hillary Clinton or Donald Trump came away on top. Trump supporters and the candidate himself are busy declaring victory and promoting internet polls in which as many as 80 percent of respondents claimed that Trump won. Team Clinton, meanwhile, has also declared victory and is citing multiple analysts in the media who insist that Clinton won, either by virtue of Trump self-destructing or her superior preparation.
AT&T – which is expected to premier its streaming service DirecTV Now later this year – will work to make streaming its primary TV platform by 2020, according to a report from Bloomberg. Under the timeline, set-top boxes and satellite dishes could be obsolete in three to five years, according to the report, which cites people familiar with the plans. Dallas-based AT&T (NYSE: T) has claimed no allegiance to satellite TV technology from day one of its $48.5 billion acquisition of DirecTV, but it hasn’t publicly provided any definitive answers or a timeline on a migration of its 25 million video subscribers toward the software-centric future of TV. The company has, however, said it has much to gain
Technically Incorrect offers a slightly twisted take on the tech that's taken over our lives. Dear famous person, If we want to be seen with you, we'll turn our backs on you. Please don't be offended. It's just that your fame isn't enough for us anymore. We need to attach ourselves to your fame, so that we can post the resulting picture to Twitter, Facebook and Snapchat. That way, we achieve our own sort of mini-fame. Which could be the maximal fame we ever attain. Please forgive me for this missive to the stars. There's a reason: This astounding picture was posted Sunday on Twitter by Hillary For America design lead Victor Ng. He credited the shot to Clinton campaign photographer Barbara Kinney.
In a job interview, every little thing matters — from your ability to make eye contact to the color of your suit.So you’ll want to pay extra close attention to what you do with your hands while you’re sitting across from your interviewer.Below, we’ve
Cortec Group is poised to make a killing on its investment in a cooler maker if it successfully goes public. The small private-equity firm could make about $3.3 billion on the initial public offering of Yeti Holdings Inc., which could happen as soon as October, according to a story by The Wall Street Journal's Matt Jarzemsky. Cortec invested about $67 million in Yeti back in 2012, which means it could make 50 times its money in four years, The Journal reported.
Tyson said it got complaints from consumers saying they had found small pieces of hard, white plastic in the nuggets, prompting the recall. The plastic may have originated from a rod used to connect a plastic transfer belt, the U.S. Department of Agriculture's Food Safety and Inspection Service said, and classified it as a Class I recall. There have been no injuries associated with this recall, Tyson said.
Both of Jeep's midsize offerings, the Compass and Patriot, are getting hella old. They don't look like new Jeeps, and their features lack many modern creature comforts. Instead of flooding the market with two new offerings, Jeep is rolling out just one, and it's using the Compass name. The 2017 Jeep Compass will be an all-new affair, and it will be built in the company's newly established manufacturing facility in Goiana, Pernambuco, Brazil. It's a global SUV, so it'll be sold in more than just the United States. From the looks of it, its new visage absolutely falls in line with other new products, like Renegade or Cherokee. It's far curvier than before, ditching many of the hard angles present
Samsung Pay, the electronics giant's mobile-payments service, turns one year old in the US on Wednesday. Samsung said Tuesday it has added support for coupons, memberships and gift cards to the service. Accompanying the new features is a cloud storage feature that allows users to restore membership, gift, and Samsung Reward cards whenever they sign into a new device.
Just ask intrepid consumer reporter Bob Sullivan, who received his very own debt collection note after simply reaching out to a payday loan company (and alleged phantom debt collector) for a story. For starters, payday lenders don't typically report to major credit bureaus, like Experian, according to the bureau's Director of Public Education, Rod Griffin. "Any debt you enter into contractually you are obligated to repay, even if it doesn't appear in a credit report," Griffin said, and ignoring a legitimate debt could have serious consequences.
Sept. 27 -- Hans Sicat, president and chief executive officer at Philippine Stock Exchange, discusses foreign outflows from the country, Philippine stocks and his outlook for the economy. He speaks to Bloomberg's Angie Lau and David Ingles on "Asia Edge."
Chesapeake said the resignations of Icahn representative Vincent Intrieri, along with John Lipinski, board members since June 2012 and June 2014 respectively, were not due to any disagreements. Chesapeake, Icahn, Intrieri and Lipinski were not immediately available for comment.
No résumé is 100% flawless. Many include minor errors — a missing digit on your zip code, or a few too many buzzwords — and while these aren’t favorable in the eyes of the hiring manager, they can easily be forgiven if the candidate is otherwise impressive and qualified for the job.
Ahead of the first in-person clash between Republican presidential nominee Donald Trump and his Democratic rival Hillary Clinton, stocks around the world traded lower. “Investors are acting extremely nervous with regards to the debate … and it highlights the fact that the markets are not focusing on the health of the economy, interest rates and geopolitical events,” Robert Pavlik, chief market strategist at Boston Private Wealth, told Reuters Monday. In Asia, where many nations risk seeing the Trans Pacific Partnership with the United States disappear after the election, the Shanghai Composite Index in China was down 1.8 percent (China isn’t a signatory to the pact).
Both male and female managers say it's hard to give tough feedback to women. Perhaps they should learn from legendary coach Geno Auriemma, who in 30 years of leading UConn's women's basketball team has won a record 11 national titles. He speaks to WSJ's Shelby Holliday about how good leaders can find success by dishing tough-love feedback.
AT&T Inc. T is proceeding with its legal actions against the "One Touch Make Ready" ordinance imposed by the Nashville City Council. The council recently voted in favor of the ordinance, which allows competitors such as Alphabet Inc’s GOOG Google Fiber install wires on AT&T’s utility poles, without prior approval. Notably, this February, AT&T sued the Louisville Metro Government on the same grounds, backed by Frontier Communications Inc. FTR.
Back in 1994, William Bergman, a now-retired California financial planner, published a report in the Journal of Financial Planning that pegged 4 percent as the "safest" withdrawal number that would hike the odds of retirees not outliving their money. By and large, Bergman's 4 percent rule was meant to cover 30 years worth of retirement savings. Thus, if a newly-minted 65-year-old retiree could manage to limit annual withdrawals to 4 percent of savings, he or she would still have retirement fund cash available to them by his or her 95th birthday.
The pharmaceutical company Mylan, which makes the EpiPen, is now saying it understated the profits it derives from the life-saving allergy drug by 60% in a congressional hearing last week, according to The Wall Street Journal. Mylan paid a 7.4% tax rate last year after moving its business to The Netherlands for tax purposes. The company's CEO, Heather Bresch, was called to the House of Representatives to answer for why her company had raised the EpiPen's price by 500% since it purchased the drug in 2007.
Philippine President Rodrigo Duterte said Monday he would seek closer economic ties with China and Russia, as the local currency and stock market extended declines following Western criticism of his deadly war on crime. The peso hit a seven-year low to the dollar on Monday and foreign investors pulled out from local shares for a 23rd straight day, which analysts said was due to growing uncertainty over Duterte's handling of what has been one of Asia's best-performing economies in recent years. "I will open trade alliances with Russia and China so all you other investors, just go.
If you’ve just bought a new home, chances are you spent quite some time worrying about your credit score. After all, your credit score affects your ability to get a mortgage, and the interest rate you’ll pay on that mortgage. You’ll likely start seeing minor dings in your credit score as soon as you begin applying for mortgages.
Shares of Bank of America (NYSE:BAC) are off to a forgettable start this week, down more than 3% as the closing bell on Monday approaches. An SEC investigation found that Merrill Lynch caused market disruptions on at least 15 occasions from late 2012 to mid-2014 and violated the Market Access Rule because its internal controls in place to prevent erroneous trading orders were set at levels so high that it rendered them ineffective. For example, Merrill Lynch applied a limit of 5 million shares per order for one stock that only traded around 79,000 shares per day. Other trading strategies had limits set as high as 25 million shares, which Merrill Lynch reduced to 50,000 shares after the SEC's investigation began.
The gaming industry has been through a lot of turmoil in the past two years, mainly in the world's largest gaming market of Macau. Gaming revenue in Macau has dropped by half and as new resorts from Melco Crown (NASDAQ:MPEL), Las Vegas Sands (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN) have been completed, they have spread the revenue that's left among a growing number of resorts. And with MGM Resorts (NYSE:MGM) completing a project next year, the supply problem isn't over yet. But declines in gaming doesn't mean casinos aren't spitting out cash quarter after quarter. In fact, there's some decent value in gaming stocks if you know where to look. Here's how the big four stack up right now. Where
Shares of Oracle Corporation ORCL have witnessed a moderate rise over the last 12 months. The company’s stock provided a return of 8.8% compared to the S&P 500’s 12.0% over the period. While emerging opportunities in the Software as a Service (Saas) and
Baby boomers, born between 1946 and 1964, are heading into retirement in droves (about 10,000 a day, in fact). Along with the aging of this iconic cohort come lots of data about their poor preparation for their golden years. Insufficient preparedness and lack of financial resources for decades without steady employment paint a gloomy picture for many retirees. Are we facing a Baby Boomer retirement crisis? There may not be an easy answer, but read on for data that helps shed some light into this large generation's economic situation. (For related reading, see: How Baby Boomers Will Change the Way Others Retire.) Baby Boomer Retirement Research GoBankingRates recently published research conducted
Claiming Social Security is one of the most important financial decisions you'll ever make. Many Americans prefer to turn to the Social Security Administration for help in figuring out when to take their Social Security benefits, and the SSA provides a lot of valuable information both on its website and through its personnel. Yet a recent study from the General Accounting Office took a closer look at the way that the SSA interacts with people filing for Social Security benefits, and it found that in the process of handling in-person claims, the SSA's claims specialists didn't always provide all the key information that people need in order to make an informed choice. Below, we'll look at six
The market has spoken, and it’s declared Hillary Clinton the debate victor. Up 0.6 percent to 2,158.76 at 3:01 p.m. in New York, the S&P 500 Index is seeing a surge similar to one in the index’s futures last night, when election odds on betting markets spiked in Clinton’s favor as she debated Donald Trump. Skepticism toward energy stocks, which fell 0.5 percent Tuesday, has been building for days, with options traders paying the most in a year to protect against declines in an exchange-traded fund tracking the shares.