The Dow Jones is reporting the SEC is in early stages of investigating Valeant and Pershing Square's pursuit of Allergan. CNBC's Scott Wapner has the details.
There is an advertisement online that’s been stalking people as they surf around the internet. You’ve probably seen them, too: A man with wild hair and wire-rimmed glasses, staring out into the beyond, with bitcoin logos next to his face. The ad might say something like “Crypto-Genius Reveals the ‘Next Bitcoin’” or “California genius says, this is the next bitcoin.” Some even use a variation on the classic clickbait syntax: “bitcoin won’t want you knowing this cryptocurrency,” as if bitcoin were a corporation, trainer, or language professor.
It’s time to double down on General Electric Company (NYSE:GE), but it’s not what you think. With GE stock’s prospects going from bad to worse, capitalizing on General Electric remains the domain of bears and ripe for another bear put spread investment. Just when some investors may have felt conditions couldn’t possibly get any worse for GE stock, it has.
Lifeguards used a drone to rescue two teenagers from rough seas off the northern coast of New South Wales in Australia today (Jan. 18). The lifeguards happened to be piloting the new technology when they received a distress signal and deployed a drone to search for the struggling swimmers. Footage relayed from the drone camera (which can be viewed here) caught two people in distress near Lennox Head in the northern coastline of the state. The video shows the drone releasing a flotation device, which the two teenagers swam toward and clung onto as they are pounded by waves. Ben Franklin, parliamentary secretary for Northern New South Wales, said the whole process only took 70 seconds, compared
The mother of a healthy 10-year-old Connecticut boy who died suddenly of complications from the flu is warning other parents to watch their children closely during one of the most active flu seasons in years. “Ten years of health,” Nico’s mother, Mimma Mallozzi, tells TIME.
Apple Inc. announced a series of plans Wednesday that were celebrated as promises to hire thousands of workers and bring home billions of dollars in cash. Well, not necessarily. Apple AAPL, +0.22% said in its release that the company planned to “create over 20,000 new jobs through hiring at existing campuses and opening a new one.” The key word there is “create,” which Apple really likes to use when discussing jobs: The company even has a portion of its website dedicated to “job creation” that claims it is “responsible for 2 million jobs” in the United States, most of which are jobs “attributable to the App Store ecosystem.” Apple currently employs 84,000 people in the U.S., it said Wednesday,
On Sunday, the New England Patriots will make their 12th AFC Championship Game appearance under Bill Belichick and Tom Brady, and the legendary coach/QB combo w…
Barack and Michelle Obama‘s relationship has been a love story for the ages, something that was only confirmed further by the former president’s romantic surprise for his wife on her birthday. Michelle, who turned 54 on Wednesday, took to her Instagram to share that Barack had sent a beautiful bouquet of flowers to her office that morning. Thank you @BarackObama for the beautiful flowers waiting for me in the office this morning.
Amazon narrowed its search for a second headquarters city Thursday to 20 locations, concentrated mostly in the East and the Midwest. The online retailing giant said that after sorting through 238 proposals, the potential locations still include tech-strong places such as Boston and New York. "Getting from 238 to 20 was very tough," said Holly Sullivan, who oversees Amazon's public policy.
Whispers about breaking up General Electric Company (NYSE:GE) have been circulating for years, but thus far, owners of GE stock had little reason to actually expect one. Chief among them are (1) what exactly are all the pieces of this company, and (2) what has to happen before a breakup can transpire?
A former student at the University of Alabama has apologized after posting videos to social media in which she used the N-word repeatedly. Harley Barber, who identified herself as a member of the Alpha Phi sorority on Instagram, said Wednesday in an interview with the New York Post that she was expelled from the school following the incident. While university officials did not confirm whether Barber was expelled, a spokesperson told the Associated Press that she is no longer enrolled at the college.
Question: My wife died two years ago at age 53. I am currently 53. At the time, I was told that I would receive 80% of her Social Security when I reached retirement age in addition to my Social Security if I did not remarry. Is this true? We both worked long enough to qualify for Social Security at retirement age. Answer: Looks like you got some bad information, according to Joe Elsasser, president of Covisum and the developer of Social Security Timing. "The general rule of thumb for coordinating all benefits is that a beneficiary receives the higher of his or her own benefit or the benefit of the deceased," he said. That said, even after the law changes a few years ago, Elsasser said there are
Net-lease REIT Realty Income Corporation (NYSE: O) recently announced a 4% dividend increase, which represents the 95th time the payout has been raised since the company's 1994 NYSE listing. As I mentioned, Realty Income just announced its 95th dividend increase since listing on the NYSE in 1994. The monthly dividends, of which Realty Income will have paid 571 in a row, are going up by 4% from $0.2125 to $0.219 ($2.628 annualized).
Shares of Micron Technology Inc. (MU) have been on fire lately. Shares closed up 3.12%, at $44.26 Wednesday. Since the start of August, this $51 billion semiconductor stock has rallied more than 61%, leaving the rest of the broad market in its dust. And according to Wall Street analysts' price targets, we're only just getting started. Micron has one of the biggest upsides to analysts' average 12-month price targets in the S&P 500, according to data compiled by Bloomberg. The average $58.85 target for shares implies another 33% upside move in the year ahead. That rally leg could happen sooner than those analysts imagine, though. That's because Micron is currently teetering on the verge of a key
Tuesday’s cryptocurrency slump has yet to be forgotten and the cryptocurrencies have certainly not looked like clawing back the losses, with Bitcoin sitting down 4.05% at $10,924.94 at the time of writing. Alongside Bitcoin, Ethereum has fallen back to sub-$1,000 levels with an 8.34% decline through the early part of the day, with Ripple doing its best to stay above the psychological $1.00 level. While the majors are in a slump, with Cryptonites across the world licking their wounds pondering on what’s next for the markets, there’s a beacon of light in the markets in the form of Bitcoin Cash.
President Donald Trump announced the recipients of his so-called Fake News Awards, on Wednesday, his latest attack on the press that has drawn objections from within his own party. In a tweet, announcing “And the FAKE NEWS winners are . ” Trump directed readers to the GOP.com website, which is run by the Republican National Committee.
Judge Andrew Napolitano on the legal battle over DACA and Sen. Cory Booker's comments to Homeland Security Secretary Kirstjen Nielsen.
Warning: This post contains spoilers for Star Wars: The Last Jedi. The Last Jedi saw Rey finally learn the truth about her parents, but it certainly wasn’t the answer she — or some fans — wanted to hear. “They were filthy junk traders who sold you off for drinking money,” Kylo Ren told her after betraying and killing Supreme Leader Snoke.
Early retirement planning makes you rethink what brings you happiness and life satisfaction outside of your career and improves your financial footing. Many Americans are unprepared for retirement and may need to continue working during their 60s and beyond. The sooner you begin planning and making serious efforts to secure your retirement future, the greater your chances of achieving it.
While individual stocks can be an exciting way to invest, they aren't always the best choice for IRA investors. The fund is rather top-heavy, meaning that the largest stocks make up a substantial percentage of its assets, but the top holdings include rock-solid companies like Microsoft, Johnson & Johnson, and JPMorgan Chase, just to name a few.
While most investors tend to think of biotech stocks as pure lotto tickets, the reality is the sector is much more nuanced than that. Sure, there are bootstrapped, clinical-stage biotech stocks with only one potential drug in their arsenal.
Stocks suffered their worst one-day reversal since June 2016 on a points basis after the Dow Jones Industrial Average zoomed past the 26,000 threshold, bagging the quickest-ever 1,000 point gain from its last round number (hit just seven days ago). The
If you scoffed at Facebook Inc.'s (NASDAQ: FB) record-breaking initial public offering, you're probably kicking yourself now. Here's why they think Paycom Software Inc. (NYSE: PAYC), CalAmp Corp. (NASDAQ: CAMP), and Novavax, Inc. (NASDAQ: NVAX) have what it takes to produce Facebook-beating returns over the long run. Tim Green (Paycom Software): Shares of Paycom have trounced Facebook since the payroll-processing company went public in early 2014.
Earlier this month, GoPro showed just how much trouble it's in when it pre-announced earnings for the holiday quarter in which it cut prices on its products. The company also announced it was laying off more employees and is cutting out the Karma drone from its shop.
Fortunately, Simply Safe Dividends identified 10 super-safe dividend growth stocks that investors can rely on for secure, fast-growing income. Let’s take a look at 10 of the safest dividend growth stocks in the market.