• Fox Business16 hours ago

    Average 401(k) balance by age group: See how your retirement savings compare

    This could, in part, be due to a noticeable bump in employer contributions — which are continuing to increase in 2019. "The average 401(k) employee contribution amount, in dollars, reached a record level of $2,370 in Q1, a 15% increase over one year earlier. In addition, the average 401(k) employer contribution, or company match, reached $1,780 in Q1, a record high and a 6% increase from one year earlier," Fidelity stated in a May report.

  • Russia’s Dirty Oil Crisis Is Worse Than Almost Anyone Predicted
    Bloomberg18 hours ago

    Russia’s Dirty Oil Crisis Is Worse Than Almost Anyone Predicted

    After any normal voyage the tanker would quickly deliver its 700,000 barrels of Russian crude into a refinery for processing into gasoline, diesel and other petroleum products. Back in April, unusually high levels of the chemicals known as organic chlorides were discovered in Russian crude flowing through the giant Druzhba pipeline, built in the 1960s to carry crude from the U.S.S.R. to allied countries in Eastern Europe. The chlorides can severely damage oil refineries and on April 24 Russia's state pipeline operator, Transneft PJSC, halted shipments.

  • American City Business Journals19 hours ago

    Roundup for this week's deals and dollars | May 24, 2019

    NexPoint Advisors, a retail arm of Dallas-based Highland Capital Management, has completed a rights offering for the NexPoint Strategic Opportunities Fund (NYSE: NHF), according to a news release. "We have several opportunities — particularly in real estate — that we believe will drive performance, and we look forward to pursuing those strategic investments," said James Dondero, co-founder and president of Highland Capital Management and NexPoint's president and portfolio manager for the Fund, in a prepared statement. A portfolio company of ORIX Capital Partners announced Thursday it would acquire Accumark Inc., Pipe Vision and Benchmark VA Subsurface Utility Services.

  • Fox Business2 days ago

    Huawei ban will devastate company: Cypress Semiconductors founder

    Cypress Semiconductors founder and former CEO T.J. Rodgers told FOX Business he believes the U.S. blacklist of Huawei products will devastate the company. "You got one of the most technically competent companies in the world, Huawei, building one of the most complex electronic machines that has ever been built by man, and we just yanked the critical components out of that machine," he said during an interview on “Cavuto: Coast-to-Coast” Thursday. Rodgers went on to say the blacklist is a "very dire threat" to Huawei, and it will have a negative impact on U.S. semiconductor companies.

  • The 5G rollout has cell tower stocks in 'raging bull market mode': Cramer
    CNBC Videosyesterday

    The 5G rollout has cell tower stocks in 'raging bull market mode': Cramer

    "Once you build a tower, you can just add another antenna to it when you pick up a new client, so the margins are terrific," he says.

  • Financial Times23 hours ago

    Deutsche Bank cannot afford further delay to overhaul

    Deutsche Bank's long-suffering shareholders have delivered a clear message to Germany's biggest lender. Barely three-quarters of shareholders who voted supported directors, with an unusually low tally of 34 per cent of investors bothering to cast a vote. Paul Achleitner, the supervisory board chairman who has overseen four chief executives and an aggregate 75 per cent drop in the share price since he arrived in the role in 2012, could soon be forced to find his own successor.

  • Canopy Growth Stock Could Regain Its 2019 Highs
    InvestorPlace19 hours ago

    Canopy Growth Stock Could Regain Its 2019 Highs

    Optimism towards CGC stock has grown over the past month, although CGC stock price has dropped recently.Is the recent decline of CGC stock price a great buying opportunity or is the market sending a warning sign to the owners of Canopy Growth stock? Safe Stocks to Buy This Summer Recent Catalysts In mid-April, CGC stock price rallied on several positive notes. First, Bank of America's analysts slapped a buy rating on Canopy Growth stock with a $52 price target.

  • Could Ford Buy Tesla? Here's How Likely A "Doomsday" Scenario Is
    Fortune15 hours ago

    Could Ford Buy Tesla? Here's How Likely A "Doomsday" Scenario Is

    The auto maker is burning through $1 billion in cash a quarter, the cash from the latest $2.7 billion funding round will be gone within ten months, and demand is falling off. One of the classic business solutions would be an acquisition. Maybe a white knight with the cash and managerial and operational wherewithal to come in, buy the company, fix the broken parts, and let Tesla become what it had the potential to be.

  • Huawei's 'fake demand' distorted global semiconductor growth
    Yahoo Finance10 hours ago

    Huawei's 'fake demand' distorted global semiconductor growth

    In the months leading up to Washington's decision to ban Huawei from doing business with US suppliers, the Chinese company stockpiled nearly a years worth of components in anticipation of coming headwinds. Now, the global semiconductor sector may have to pay for it. In all, analyst Sebastian Hou says the Chinese company's inventory buildup added 8% to the chip sector's global revenue growth in the 1st quarter, or $35 to $40 billion.

  • 25 Stocks to Avoid After Memorial Day
    Schaeffer's Investment Research15 hours ago

    25 Stocks to Avoid After Memorial Day

    Below, we take a look at the 25 worst stocks to own the week of Memorial Day. Looking at S&P 500 Index stocks over the past 10 years -- and considering only stocks with at least eight years' worth of returns -- a handful of bank names made the list. STI and FITB have ended the week lower 80% of the time, averaging losses of 2.49% and 2.07%, respectively, per data from Schaeffer's Senior Quantitative Analyst Rocky White.

  • 5 Cheap Stocks to Buy That Are $6 or Less
    InvestorPlace18 hours ago

    5 Cheap Stocks to Buy That Are $6 or Less

    Safe Stocks to Buy This Summer With that in mind, here is a list of five of the best penny stocks to buy that I think have more upside potential to ride the market's bullishness. Pier 1 (PIR) PIR stock price: 64 cents Year-to-date gain: 100% Furniture retailer Pier 1 Imports (NYSE:PIR) has had a tough time getting its act together for several years. PIR stock has collapsed over the past year.

  • TheStreet.com20 hours ago

    Water Company Dividend Kings That Quench the Thirst for Income

    When we talk of companies with an extensive track record of increasing their dividend payments to shareholders, something that tends to drive a step function higher in the share price over time, we tend to think of the Dividend Aristocrats. This is a set of companies that have boosted their quarterly dividends for more than 25 consecutive years. For those investors that focus on dividend income, these are great companies to own, but there is another group of stocks with an even longer track record of dividend hikes investors should consider.

  • Reuters11 hours ago

    Global stocks climb on muted trade hopes, dollar slips

    World equity markets rebounded on Friday from the previous day's sharp fall, after U.S. President Donald Trump said complaints against China's Huawei Technologies Co Ltd might be resolved within the framework of a Sino-U.S. trade deal. Tensions remained high, with China accusing U.S. Secretary of State Mike Pompeo of fabricating rumors after he said Huawei's chief executive was lying about the telecom network gear maker's ties to the Chinese government. On Thursday, Trump said a trade deal could resolve U.S. complaints against Huawei, but he also called the company "very dangerous."

  • InvestorPlace14 hours ago

    AT&T Stock Could Be a Great Bet

    The Vision To get on board with bulls' contentions on T stock, you have to understand Stephenson's vision for the future of AT&T. The telecom sector is slogging through uncertain times right now, and both AT&T and Verizon (NYSE:VZ) knew something would have to change. However the two took diverging paths, with VZ doubling down on its wireless business and T entering more sectors. Safe Stocks to Buy This Summer Verizon has certainly taken the safer option, but in the long-term will it be better?

  • CNBC16 hours ago

    Buy these 2 stocks that pay you more than the 10-year yield, says expert

    But while the sector plays might look tempting, one expert recommends being more selective. "Typically, if a company wants to pay a dividend, you need to have a solid balance sheet and strong cash flow, and those are the kinds of companies that do well when times get tough," Mark Tepper, president and CEO of wealth management firm Strategic Wealth Partners, said Thursday on CNBC's "Trading Nation." "So, of all the sectors, we like financials, but I still think you need to pick the winners, not the sector," he said.

  • Ollie's Shares Are Alerting Unusual Buy Demand
    Investopedia2 days ago

    Ollie's Shares Are Alerting Unusual Buy Demand

    After a year-to-date gain of over 50%, shares of the discount retailer appear to be poised for additional upside.

  • MoneyShow2 days ago

    Buffett's First Quarter Buys Sells

    Warren Buffett is arguably the best investor of all time. Self-directed investors can learn from his success by studying his stock market holdings, which are published in regulatory filings with the U.S. Securities & Exchange Commission, notes Ben Reynolds, editor of Sure Dividend.

  • Cramer: 5G rollout has tower stocks in 'raging bull market mode'
    CNBC Videosyesterday

    Cramer: 5G rollout has tower stocks in 'raging bull market mode'

    "Once you build a tower, you can just add another antenna to it when you pick up a new client, so the margins are terrific," he says.

  • China ramps up war of rhetoric in trade standoff with US
    Associated Press13 hours ago

    China ramps up war of rhetoric in trade standoff with US

    Stepping up Beijing's propaganda offensive in the tariffs standoff with Washington, Chinese state media on Friday accused the U.S. of seeking to "colonize global business" with moves against Huawei and other Chinese technology companies. There was no word from either side on progress toward resuming talks between the world's two largest economies, though President Donald Trump said he expected to meet with his Chinese counterpart, Xi Jinping, next month at a G-20 meeting in Japan. Negotiations over how to cut the huge, longstanding U.S. trade deficit with China and resolve complaints over Beijing's methods for acquiring advanced foreign technologies foundered earlier this month after Trump raised tariffs on billions of dollars of imports from China.

  • 3 Oil Stocks to Drop Now
    InvestorPlace17 hours ago

    3 Oil Stocks to Drop Now

    To keep production high, the Administration is giving the oil companies everything they always wanted. It's possible because oil and gas no longer represent cheap energy. The lifetime cost of solar and wind installations, $63.20 per Megawatt-hour, is now below that of coal, and approaching that of natural gas. The solar power expansion that began early this decade in the Far West, spurred by favorable tax laws, has now spread to the heart of the U.S. oilpatch.

  • Reuters11 hours ago

    Wall St. edges higher after Trump sparks U.S.-China trade hopes

    Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China "happening fast." He added that Chinese telecom equipment company Huawei Technologies Co Ltd, which the White House has blacklisted, could also be included in a trade deal. No high-level talks between the United States and China have been scheduled since the last round of negotiations in Washington two weeks ago.

  • Microsoft Stock Takes Aim at $150
    InvestorPlace15 hours ago

    Microsoft Stock Takes Aim at $150

    Then look no further than Nasdaq heavyweight Microsoft (NASDAQ:MSFT) and get ready to buy MSFT stock. For more than a few years, if investors wanted above-average market returns and growth leadership from one of the market's mega-capitalization stocks, there was no better bet than Apple (NASDAQ:AAPL). There was a time when Microsoft felt like the slow, out-of-shape kid waiting to get picked in a schoolyard game — the one that nobody really wanted on their team.

  • The Top 10 Technology Companies
    Investopedia4 hours ago

    The Top 10 Technology Companies

    If you keep track of these things, you'll note that the list of the world's top 10 technology companies continues to be dominated by American names. The names on this roundup of the top 10 technology companies were extracted from the Forbes Global 2000 List for 2018. The top of that list is dominated by the big banks, with the biggest technology company, Apple, coming in at a mere number 8 on the list.

  • Cisco Stock Investors Will Keep Winning As The Trade War Heats Up
    InvestorPlaceyesterday

    Cisco Stock Investors Will Keep Winning As The Trade War Heats Up

    Cisco (NASDAQ:CSCO) is becoming the latest to buck all expectations and turn once more into a star performer. Cisco stock peaked around $80 a share in 2000, a lofty level that most analysts assumed the shares would never reach again. What's led Cisco's revival, and will the good times continue?

  • Tesla's bad news accelerates as Wall Street loses faith
    Associated Press12 hours ago

    Tesla's bad news accelerates as Wall Street loses faith

    But around the middle of December, investors started having doubts about the former Wall Street darling's prospects for continued growth, and the stock started a gyrating fall that was among the worst in company history. For the year, the share price is down around 40%, largely on concerns Tesla is running out of buyers for its vehicles, which range in price from a base $35,400 Model 3 to a larger Model X SUV that can run well over $130,000. Morgan Stanley analyst Adam Jonas, on a private call with investors this week, raised the possibility that Tesla would have to be restructured due to rising debt and falling sales.