Uniti Group Inc (NASDAQ:UNIT) is the worst stock on the Nasdaq this afternoon, as analysts slam the real estate investment trust (REIT) after a court ruling. Specifically, UNIT stock is down 40.4% at $11.90 -- and earlier touched a new record low of $10.71 -- following what the firm said is an "unfavorable court ruling" against Windstream (WIN), "Uniti's largest customer." Against this backdrop, UNIT options volume have hit a new annual high today. It's safe to say Uniti Group shares are pacing for their worst day ever.
The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government. Take Andy Kraft and Amy Elias of Portland, Oregon. The nonpartisan Tax Policy Center projected the tax law would reduce individual income taxes by about $1,260 on average, although it benefits higher earners more.
Germany's government is still in talks on whether China's Huawei will be allowed to participate in building the country's high-speed internet infrastructure, German Economy Minister Peter Altmaier said on Tuesday. Huawei is facing intense scrutiny in the West over its relationship with the Chinese government and allegations of enabling state espionage, which it denies. The Wall Street Journal report said that the decision to give Huawei's involvement in Germany's 5G network the go-ahead was due to be discussed by leading members of Chancellor Angela Merkel's conservatives later.
Less than two years after buying home security company LifeShield from DirecTV, a Center City private equity firm sold the company to industry giant ADT (NYSE: ADT) for about $25 million. ADT, based in Boca Raton, Fla., announced the deal last week. In a statement, it said the DIY offering will allow the company to tap into a market of consumers who may want a security system but don't want to deal with the hassle of a professional installation.
Parabolic move on big volume, extended, needs a rest and consolidation. One of my favorite stories with excellent results on dry eye drug and big potential for a Lupus drug later this year. Stock is building support and I'll be looking to watching for entries as it develops.
FOX Business' Jeff Flock on the impact of Illinois' proposal to tax private retirement funds to pay for public workers' pensions.
The most widely-followed barometer of the U.S. stock market, the S&P 500 Index (SPX), has staged a dramatic recovery from its December low, but a key technical indicator suggests that the S&P's rally -- and the broader market rebound -- may lose steam. "This area right here makes me very nervous because there's actually four significant technical levels here," says Todd Gordon, founder of TradingAnalysis.com. "The 200-day moving average right here--we have tried it once, twice, three, coming back on a fourth time," he told CNBC Adam Kobeissi, founder and editor-in-chief of The Kobeissi Letter, has a similar view.
Worries over the slowing global economy and dovish central bank monetary policy concerns are helping to drive gold prices sharply higher on Tuesday. Gold doesn't pay interest so when central banks talk dovish and suggest that interest rates will remain on hold, it tends to become a more attractive asset. At 14:18 GMT, April Comex gold is trading $1336.60, up $14.50 or +1.09%. The market is within striking distance of its June 14, 2018 main top at $1337.80.
With more than 90 percent of accidents caused by human error, taking the driver out of the equation is going to mean big changes for insurers. This comes up in every strategic conversation,” said Michelle Krause, senior managing director in Accenture's insurance client service group. The major carriers “are very focused on understanding the technology behind [automation] and what opportunities are available for them.
CompareCards.com says credit and debit card skimming is a growing threat to consumers at the gas pump. Skimming is type of fraud where criminals steal data through bogus card readers they attach to payment terminals at gas stations. Once you use your debit or credit card at the fake card reader, criminals can steal your personal information or use it to make purchases online.
Anonymous Johnny C. Taylor, Jr.: I can understand your surprise at finding a surveillance camera in your office breakroom, but employers are generally permitted to monitor most areas of the workplace. It is not uncommon for employers to use video surveillance to minimize theft, alcohol and drug use, and attendance problems and to also identify unsafe working conditions and provide data security. Video monitoring – more common in larger companies and industries such as banking, real estate and insurance – also can provide evidence of any crime that might occur at the worksite.
One of the biggest advantages of REITs is that they allow you real estate exposure without the need to manage that real estate yourself. On top of that, some of the other advantages include: -- Low correlation with stocks and bonds, so you can add a layer of diversity to your portfolio. They pay 90 percent of income back to investors in the form of dividends.
Billionaire investors Warren Buffett and his right-hand man, Charlie Munger, are both famously risk averse . Munger, who reportedly has a net worth of $1.7 billion , took a light-hearted shot at fellow billionaire Musk while answering questions last week at the annual meeting of the newspaper publishing company Daily Journal Corp, as the Observer pointed out . A shareholder of the company asked Munger, who serves as chairman, about his long-held maxim that he would rather work with someone who has a 130 IQ, but thinks it's 120, as opposed to someone with an IQ of 150 who thinks their IQ is 170.
Those numbers dwarf Amazon, which has been expanding similar services from Whole Foods Market through Prime Now to 60 U.S. metro areas with grocery delivery and over 20 metros with pickup service. Amazon said it plans to expand, but it's hard for them to catch up to Walmart, which revealed efforts to grow grocery deliveries to more than 300 metro areas by the end of this year. We will continue to play and innovate as we shape the future of our omni retail.
WeDoctor, one of China's biggest online health-care startups, is considering spinning off a major slice of its business and listing it on the country's soon-to-created technology board, according to people familiar with the matter. WeDoctor is weighing a listing of at least part of its cloud-services arm amid a broader restructuring, the people said, requesting not to be named because the matter is private. That division amasses sensitive personal data by serving local governments and hospitals, and Beijing prefers to keep information related to that business in-country, the people said.
Citizens Financial Group Inc. said Tuesday it agreed to purchase Bowstring Advisors, an Atlanta-based merger and acquisition advisory firm, as Citizens grows its presence in the Southeast. Citizens' subsidiary Citizens Capital Markets Inc. will purchase "certain assets" of Bowstring and upon closing and will operate as a division of CCMI, according to a news release. The transaction, which is expected to close in the first half of 2019, is subject to Bowstring receiving FINRA approval.
A record seven million Americans are more than 90 days late on their auto loan payments, and millennials are clearly leading delinquency rates, according to a report by the New York Fed. The NY Fed found that the number of new auto loans and leases appearing on credit reports in 2018 reached a new peak — the highest level in the 19 years they have monitored the data — at $584 billion. Looking at the number of auto loans in serious delinquency, the researchers noted that there was a “sharp worsening in the performance of the loans held by borrowers under 30 years old between 2014 and 2016.
Health Savings Account Rules: 6 Little-Known HSA Tips That Will Save You Money
McDonald's (NYSE: MCD) has paired with Uber Eats, Uber's food delivery app. According to the company, "McDonald's has partnered with Uber Eats to get food delivered to hungry customers, allowing you to track your order, customize your drop off location, and use the same account you use to take rides." McDonald's launched its food delivery partnership with Uber Eats in the spring of 2017 But that "McDelivery" system isn't applauded by all of the company's franchisees.
The former SoftBank Group Corp. employee was an early mover into what's called robotic process automation, the use of software bots to automate repetitive operations. The Japanese entrepreneur stumbled into the business by chance, turning to it as a last resort when his consulting firm was on the ropes during the financial crisis. Takahashi's company -- now called RPA Holdings Inc. -- listed last year on the Tokyo Stock Exchange.
Commerce Secretary Wilbur Ross has made his recommendations to President Donald Trump about whether foreign car imports constitute a “national security risk” to the U.S. It's not yet clear what's in the recommendations—submitted Sunday, hours before a 270-day deadline expired—as they have not been made public. However, many expect the Commerce Department to back up the assertion that car and car-part imports constitute a threat. This would allow the Trump administration to lash out with new tariffs.
You'd be forgiven for not knowing Amazon has operated in China for more than a decade, but perhaps not for much longer. The company is reportedly in talks to merge its China-based import business with local peer Kaola, the cross-border shopping platform run by Chinese internet behemoth NetEase, Caijing reported (link in Chinese) on Tuesday. The deal, which NetEase initiated and will occur through a stock swap, had been signed at the end of 2018 but negotiations had been difficult, sources told Caijing.
Income-based tax requirements will be dependent on how you plan on filing a tax return. Inevitably whether you'll need to file a tax return who have to do with whether you're income can even make it past the first tax bracket and how much more if so, but those tax brackets vary depending on how you file. Single: If you are single and under the age of 65, the minimum amount of annual gross income you can make that requires filing a tax return is $12,000.
FICO Score 5 FICO score 5 is one alternative to FICO score 8 that is prevalent in auto lending, credit cards, and mortgages. In particular, FICO score 5 is widely represented in the mortgage industry. The information inside a borrower's FICO 5 comes exclusively from the credit reporting agency Equifax.
Dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk. While there are several dividend stocks that could provide capital appreciation, zeroing in on stocks having a history of dividend growth year over year leads to a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend paying stocks or those with high yields. Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility.