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Xoom upgraded to Positive from Neutral at Susquehanna

Susquehanna upgraded Xoom and raised estimate due to network effects on the model and underestimated margin expansion. Price target raised to $38 from $28.

  • U.S. Courts Jailing Thousands over Civil Debts 'Without Due Process,' ACLU Says
    News
    Newsweek

    U.S. Courts Jailing Thousands over Civil Debts 'Without Due Process,' ACLU Says

    Thousands of people are being arrested and jailed each year because of outstanding civil debts, despite the United States banning debtors' prisons nearly 200 years ago, according to a new report from the American Civil Liberties Union.

  • Can Alcohol Help You Live Longer? Here’s What the Research Really Says
    Health
    Time

    Can Alcohol Help You Live Longer? Here’s What the Research Really Says

    New research, which was presented at the American Association for the Advancement of Science’s annual conference, has found that moderate drinking is linked to a longer life. The results came from the 90+ Study, a research project out of the University of California Irvine’s Institute for Memory Impairments and Neurological Disorders that examines the habits of people who live to at least 90. Here’s what the research really says about alcohol and health.

  • This Is How Much Money You Should Have in Savings at Every Age
    Business
    Money

    This Is How Much Money You Should Have in Savings at Every Age

    Based on the priorities they shared, here are the steps you should target from your 20s to your 60s… and into retirement. What to do: Transfer any credit card balances to a 0% card and use the savings to pay down even more debt. Slay the work, learn negotiation skills, practice in advance, and ask for the raises and promotions you deserve.

  • FC Barcelona President Says Messi Won't Be Sold
    Sports
    Bloomberg Video

    FC Barcelona President Says Messi Won't Be Sold

    Feb.20 -- FC Barcelona President Josep Bartomeu discusses the value of star player Lionel Messi. He speaks exclusively to Bloomberg's Ed Ludlow in London.

  • An Unlikely Challenger In The Electric Car Race
    Finance
    Oilprice.com

    An Unlikely Challenger In The Electric Car Race

    Initially, electric and now the development of autonomous cars has been a major disrupter for the auto industry, the effects of which we have only just begun to see. Traditional auto manufacturers were initially written off as having too much legacy investments in the internal combustion engine and insufficient technology to keep up with the development of electric and self-driving cars. While starting from a low base growth has been solid, and although the electric vehicle (EV) challenge has driven much improved economy from the internal combustion engine, EVs are still carving out a place for themselves as battery performance steadily improves and charging infrastructure expands.

  • Business
    TheStreet.com

    3 Burning Issues Facing General Electric and Its New CFO This Week

    CFO Jamie Miller presented at two conferences Wednesday in the greater Miami area. At the corporate level GE has gone from a cash generator to a cash burner in the past two years, and that, more than any other factor, has destroyed value for GE shareholders.

  • 2 Bargain Stocks You Can Buy Right Now
    Business
    Motley Fool

    2 Bargain Stocks You Can Buy Right Now

    Take, for example, natural gas companies Kinder Morgan (NYSE: KMI) and Antero Resources (NYSE: AR), which currently sell at bargain-basement prices compared to peers. It's a mind-boggling discount since they should trade at a premium valuation given their best-in-class operations. Kinder Morgan's stock has plunged a jaw-dropping 60% over the past three years even though the natural gas pipeline company's distributable cash flow (DCF) has only dipped about 7% from the peak.

  • Ambulance abuse note woman pleads guilty
    News
    BBC News

    Ambulance abuse note woman pleads guilty

    A 26-year-old woman who verbally abused paramedics and left a foul-mouthed note on their ambulance in Stoke-on-Trent has admitted a public order offence. Kirsty Sharman, of Parsonage Street, also accepted writing the handwritten message, which said she did not care "if the whole street collasped [sic]" . Paramedics were dealing with a 999 call in her street in Tunstall on Sunday. At North Staffordshire Justice Centre, chairman of the magistrate said it was an "absolutely despicable incident". 'Abuse not acceptable' The ambulance had been responding to a next door neighbour's emergency call to help his wife, who was "experiencing breathing difficulties", prosecutor Liz Ryder told magistrates.

  • Boeing facing criticism for hard-nose supplier approach
    Business
    St. Louis Business Journal

    Boeing facing criticism for hard-nose supplier approach

    Airplane maker The Boeing Co. is facing heat these days for its determined stance in dealing with suppliers. Despite record orders, Boeing is getting some criticism for an initiative calling for some suppliers to cut costs, according to Bloomberg.  Boeing’s Partnering for Success initiative aims to streamline the manufacturer’s supplier chain. And based on financial returns — with its shares doubling since the start of 2017 — Boeing can argue its plan is working. However, Bloomberg cites suppliers who claim Boeing is seeking 10 percent price cuts for their products.  Boeing is coming off a bustling 2017. Boeing secured orders worth more than $90 billion in November alone.  Among the highlights

  • 55 percent of Americans can't define a key tax term
    Business
    CNBC

    55 percent of Americans can't define a key tax term

    If you feel confused or overwhelmed during tax season, you're not alone. According to a new report from NerdWallet , there's a lot of uncertainty when it comes to tax-saving strategies, income tax brackets and the new tax bill in general.

  • 2 Stocks That Turned $3,000 Into More Than $100,000
    Business
    Motley Fool

    2 Stocks That Turned $3,000 Into More Than $100,000

    Berkshire has big stakes in many of the market's blue chips, including Bank of America, American Express, Apple, and General Motors, to name only a few. Some of Berkshire's top picks haven't just been in the portfolio for years, they've occupied space for decades -- American Express is a banner example (Buffett first loaded up on the stock more than 50 years ago). With that kind of patience, Berkshire and its shareholders have been more than handsomely rewarded.

  • Trump signals he's open to mileage tax with praise of Oregon program
    Politics
    Reuters

    Trump signals he's open to mileage tax with praise of Oregon program

    The White House on Wednesday praised an experimental program in Oregon that charges a mileage tax to volunteer drivers, adding to signals that President Donald Trump is open to finding new revenue sources to pay for his proposed infrastructure program. Many of Trump's fellow Republicans, however, dislike the idea of a transportation tax as it would go against the grain of the party's push to lower taxes and could hit Republican-leaning rural areas harder than cities. In the annual Economic Report of the President, the White House described Oregon - a Democratic-leaning state where environmental issues are a priority for many voters - as a "pioneer" in transportation funding and highlighted its funding initiative, which began in 2015.

  • Judge orders special counsel to turn over Michael Flynn evidence
    Politics
    Fox Business Videos

    Judge orders special counsel to turn over Michael Flynn evidence

    Retired FBI special agent Jeff Lanza discusses the significance behind a U.S. District Court judge order to turn over any potential evidence regarding President Donald Trump’s former national security adviser Michael Flynn.

  • What the creator of the Chase Sapphire Reserve looks for when hiring talent at JPMorgan Chase (JPM)
    Finance
    Business Insider

    What the creator of the Chase Sapphire Reserve looks for when hiring talent at JPMorgan Chase (JPM)

    Pam Codispoti created the now-legendary Chase Sapphire Reserve credit card, and now she runs JPMorgan Chase's expanding retail branch network. Business Insider recently spoke with Pam Codispoti, the JPMorgan Chase exec responsible for creating the Chase Sapphire Reserve credit card that became a sensation, about millennials, myths, and the other challenges she'll confront in her next job.

  • This Olympic Halfpipe Skier Didn't Do a Single Trick. Here's How She Made It to the Games
    Sports
    Time

    This Olympic Halfpipe Skier Didn't Do a Single Trick. Here's How She Made It to the Games

    Hungarian freeskier Elizabeth Swaney may have made it to the 2018 Winter Olympics, but she took a bit of a different route than the rest of the athletes in PyeongChang. Swaney’s Olympic run began and ended during Monday’s ladies’ halfpipe qualification when she skied a run that featured absolutely zero tricks. There were only 24 quota spots available in women’s ski halfpipe at this year’s Olympics, but injuries combined with countries not using all their spots made it so that the No. 34-ranked Swaney was able to compete in the Games.

  • 7 Must-Own Momentum Stocks to Buy
    Business
    InvestorPlace

    7 Must-Own Momentum Stocks to Buy

    Here are seven of the largest momentum stocks to buy that any market bull has just got to own. Shares are up an incredible 50% from the lows seen in October and were trading for as little as $300 as recently as early 2015. The company will next report results on May 3, after the close.

  • Here's How Internet Darlings Tessa Virtue and Scott Moir Respond to Those Relationship Theories
    Celebrity
    Time

    Here's How Internet Darlings Tessa Virtue and Scott Moir Respond to Those Relationship Theories

    It’s the question on everyone’s lips: are Tessa Virtue and Scott Moir dating? Leave it to Today Show hosts Hoda Kotb and Savannah Guthrie to try to get to the bottom of the mystery. In an interview with the skaters following their win, Kotb and Guthrie came right out with the question, asking about their dating status and calling their chemistry “undeniable.” “Would you guys just give us a little 411 on that situation?” Kotb asked.

  • Business
    InvestorPlace

    Investors in Microsoft Corporation Stock Shouldn’t Forget About LinkedIn 

    There’s no doubt all eyes were focused on the cloud when Microsoft Corporation (NASDAQ:MSFT) announced its Q2 2018 results at the end of January. By most people’s estimation, they were pretty darn good, yet Microsoft stock barely moved. In the three weeks since, the MSFT stock price has lost about $3, tempting some experts to call it a buy including InvestorPlace contributor Vince Martin.

  • Finance
    Investopedia

    The Top 3 Boeing Shareholders

    Founded in 1916, just a few years after the Wright brothers' famous Kitty Hawk flight, The Boeing Company ( BA) has grown to become one of the largest aircraft manufacturers in the world and the most well-known name in the aerospace sector and defense industry in the United States. Boeing Capital Corporation supports all three divisions by providing financing for Boeing customers. Boeing's chief financial officer and executive vice president of Enterprise Performance & Strategy, Gregory Smith, is the largest insider shareholder of the company.

  • General Electric affirms commitment to Baker Hughes, shares rise
    Finance
    Reuters

    General Electric affirms commitment to Baker Hughes, shares rise

    Shares of General Electric Co's Baker Hughes rose on Wednesday after the parent company said it would not shed its holdings in the oilfield services business before the expiration of a two-year lockup period, reversing an earlier stance that had cast uncertainty around the stock. General Electric last November said it was considering shedding its Baker Hughes holdings to refocus its business and boost cash flows. The announcement came just months after the conglomerate had purchased a 63 percent stake in the firm under a deal that combined its oil and gas services and equipment business with Baker Hughes to create the second largest oilfield services firm by revenue.

  • Is It Too Late To Buy Hecla Mining Company (NYSE:HL)?
    Business
    Simply Wall St.

    Is It Too Late To Buy Hecla Mining Company (NYSE:HL)?

    Hecla Mining Company (NYSE:HL), a metals and mining company based in United States, received a lot of attention from a substantial price movement on the NYSE in the over the last few months, increasing to $4.49 at one point, and dropping to the lows of $3.46. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low price. A question to answer is whether Hecla Mining’s current trading price of $3.75 reflective of the actual value of the small-cap?

  • Better Stock: Walmart Inc. (WMT) vs. Costco Wholesale Corporation (COST)
    Business
    Motley Fool

    Better Stock: Walmart Inc. (WMT) vs. Costco Wholesale Corporation (COST)

    Over the last five years, the membership-based model of Costco has helped the company's stock double the returns of Walmart. Will Costco's outperformance continue? In the investing world, there's nothing more important to evaluate than the sustainable competitive advantages of companies that you want to own.

  • 3 Biotech Stocks To Avoid
    Business
    Forbes

    3 Biotech Stocks To Avoid

    Hope stocks. Fads. Castles in the sky. Those are the words I think of when I see a stock that sells for 100 times revenue or more. In my view, you almost have to be crazy to invest in them. Over the years, a typical stock has usually sold for about 1.4 times revenue. In today’s rich market the prevailing ratio is 2.25. So, we’re talking about stocks that sell for 44 times prevailing valuations, which are themselves rich. The vast majority of these stocks are biotech stocks, and proponents argue that they are worth the inflated multiples. These companies are searching for treatments for cancer, heart disease, multiple sclerosis or other diseases that terribly afflict humankind. Why shouldn’t they

  • Finance
    U.S.News & World Report

    It's Time to Reconsider Intel Corporation (INTC) Stock

    Semiconductor stocks have been on fire in recent years, but Intel Corporation (Nasdaq: INTC) has mostly lagged behind smaller, high-growth competitors. In Intel's most recent earnings report, the company reported earnings and revenue beats and reassured shareholders that the Meltdown and Spectre vulnerabilities identified in Intel chips in January would not be a long-term concern. In fact, Intel rewarded loyal shareholders with a 10 percent dividend hike.

  • World
    Oilprice.com

    OPEC Deal Closer Than Ever To Meeting Market Rebalancing Goals

    The OPEC deal is closer than ever to meeting its market rebalancing goals, with OECD inventories now just 74 million barrels above the five-year average recorded in January 2017, according to a report by Reuters. When the output reduction deal went into effect at the beginning of last year, inventories were 340 million barrels above the benchmark figure, according to Ayed Al Qahtani, who heads OPEC’s research group. “This conformity level has been very successful in withdrawing the overhang,” Al Qahtani told the audience.