Your credit report can affect almost every financial decision you make.Read More »
Is there a delay in the offing in CenturyLink Inc.'s acquisition of Level 3 Communications Inc. of Broomfield? That's what some reports are indicating, and both CenturyLink and Level 3 shares are taking a beating on the news. On Wednesday, a telecommunications blogger indicated that the deal could be held up by California regulators. California consumer advocacy groups want California regulators to further scrutinize the deal and that could push final approval to later in the year. Tellus Ventures Associates blogger Steve Blum wrote on Wednesday that the deal"appears likelier than not to be delayed for months" and "that would mean the two companies will have to agree to extend their self-imposed
This fund tracks the CRSP U.S. Total Market Index, which holds nearly every investable U.S. stock. Its market-cap-weighting approach reduces turnover because changes in the market value of each holding in the portfolio mirror changes to their weightings in the market. Broad diversification is an intrinsic advantage of funds tracking market-capitalization-weighted total stock market indexes. However, market-cap weighting has its pluses and minuses. It can be a beneficial approach in momentum-driven bull markets, but it can also lead to significant sector and single-security concentration, as witnessed at the height of the technology bubble. So, market-cap-weighted indexes' greatest strength is
Stocks ended a crazy week with a slightly down day Friday as investors take in President Donald Trump’s firing of hard-right adviser Steve Bannon. The biggest stock loser was Foot Locker Inc. (FL) after a huge earnings miss. The shoe store, which has nine stores in the Phoenix area, posted earnings of 39 cents.