Tesla, PepsiCo, Verizon, Ford, Mylan and Teva Pharmaceutical are among the stocks to watch.
Tesla, PepsiCo, Verizon, Ford, Mylan and Teva Pharmaceutical are among the stocks to watch.
Former President George H.W. Bush paid a subtle tribute to his late wife, Barbara Bush, at her funeral on Saturday. The former president wore a pair of socks decorated with stacks of colorful books, in a nod to his partner’s longstanding commitment to advancing literacy. George H.W. Bush wore socks with books on them in dedication to Barbara at her funeral today.
In fact, a good 25% of employed baby boomers think they'll retire prior to age 65, according to new data from the Insured Retirement Institute. Your Social Security benefits are calculated based on what you earned during your top 35 working years, but once your full monthly benefit amount is established, you can only collect it in full upon reaching full retirement age. Now you are allowed to file for Social Security as early as age 62.
Mark Mobius, the 81-year-old investment guru, believes the U.S. stock market is set for a 30% correction that would essentially wipe out the gains of the last two years. The renowned fund manager, who left Franklin Templeton, the American investment house, after more than 30 years in January, said “all the indicators” point to a large fall in the S&P 500 SPX, -0.85% and the Dow Jones Industrial Average DJIA, -0.82% . “I can see a 30% drop,” said Mobius, who launched one of the world’s first emerging market funds. “When consumer confidence is at an all time high, as it is in the U.S., that is not a good sign. “The market looks to me to be waiting for a trigger that will cause it to tumble. You
Donald Trump has made America read again. Since the beginning of the year, every New York Times bestseller has been about the 45th president, according to CNN. To answer that question, we gathered data from the Times nonfiction list of bestsellers on every book explicitly about Trump since his election in 2016.
Gilead Sciences (NASDAQ: GILD) and Pfizer (NYSE: PFE) face different challenges -- but there is some similarity. Gilead is trying to prove that it can return to growth despite falling sales for its blockbuster hepatitis C virus (HCV) franchise. Pfizer is attempting to move past the weight on revenue resulting from older drugs that have lost patent exclusivity.
There are probably no better examples of this than CVS Health Corporation (NYSE: CVS) and Express Scripts (NASDAQ: ESRX). CVS Health ranks as the largest pharmacy chain and the second-largest PBM in the U.S. In December, the company announced plans to merge with Aetna (NYSE: AET), the No. 3 health insurer in the country. Express Scripts is the biggest PBM.
Companies with shares trading at a market price below what they are actually worth, such as Alacer Gold and King George Financial, are deemed undervalued. Smart investors can make money from this discrepancy by buying these shares, because they believe
Since hiring CEO John Legere in 2012 and debuting its new Uncarrier strategy, T-Mobile has turned into the kind of success story that gets MBA professors hot under the collar. T-Mobile turned its scrappy underdog status into a marketing plug, and by adding the iPhone to its lineup and investing heavily in network infrastructure, the company’s product is now on par with AT&T and Verizon. It’s not just the network, either — T-Mobile’s aggressive pricing and impressive customer loyalty has driven its new customer subscriptions to a point where it’s challenging AT&T and Verizon, and it’s leaving Sprint in the rear-view mirror.
Oil prices are on fire, recently hitting a three-and-a-half-year high. Oil giant ExxonMobil (NYSE: XOM) stumbled into 2018 after reporting lackluster results to end last year. As a matter of fact, Exxon is currently trading at a valuation not seen since the 1980s.
Boeing has converted its first 737-800 Next Generation passenger jet into a cargo aircraft and delivered it to Swedish air freight company West Atlantic Group. The conversion was done by Boeing Shanghai for the owner of the aircraft, GE Capital Aviation Services (GECAS), which is the airplane leasing and financing arm of the General Electric conglomerate. The converted freighter was flight tested and painted in Victorville, California. It will be used by West Atlantic to carry express cargo on domestic and short haul routes, Boeing said in a news release. The jet provides improved reliability, lower aircraft operating costs "and a better environmental footprint,” West Atlantic CEO Fredrik Groth
The materials industry is deeply cyclical with producers benefiting highly during an economic boom and many players going bankrupt in a bust. 531810 has a sizeable dividend yield of 3.51% and their current payout ratio is 42.86% . Dividends per share have increased during the past 10 years, but there have been a couple hiccups.
The Centers for Disease Control and Prevention (CDC) is warning customers to stay away from all forms of romaine lettuce, as the scope of its investigation into an E. coli outbreak grows. The CDC had originally traced the outbreak -- which has sickened at least 53 people across 16 states -- specifically to chopped romaine lettuce grown in the Yuma, Ariz., region. An update issued on Friday, however, says customers should also avoid whole heads and hearts of romaine, in addition to chopped lettuce, unless they can determine that it was not grown in Yuma.
This weekend's Barron's cover story examines the divide between business models in the big tech space. Other featured articles show why MLPs look attractive again and what to expect in the battle over AI chips. Also: the prospects for a branded
FBN's Charlie Gasparino on reports Deputy Attorney General Rod Rosenstein told President Trump he was not a target of the Mueller investigation and Rudy Giuliani's claims the probe will end in a matter of weeks.
Warren Buffett has a sterling reputation as a highly successful investor, and so it carries a lot of weight when the Oracle of Omaha gives praise to his peers in the industry. One person that Buffett has expressed respect and admiration for over his years heading Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) is Jack Bogle, the founder of mutual fund giant Vanguard Group. With more than 65 years of investing experience in his own right, Bogle certainly knows plenty about the topic.
Here are a few of the most common ways that other people can affect your credit score, along with some ways to protect yourself. You may think that being added as an authorized user places all the responsibility on the primary cardholder, but in fact, your authorized-user status will also be reported to credit bureaus. While you aren't primarily responsible for repaying the debt, all activity associated with the account will show up on your credit report.
Allison Mack was accused in an indictment unsealed Friday in federal court in Brooklyn. Mack, 35, starred in The CW network’s “Smallville,” ending in 2015, but has played only minor roles since then. Prosecutors said she helped recruit women for leader Keith Raniere and his cult-like organization called NXIVM.
A strong start to earnings season helped the S&P 500 Index inch higher over the last week. Several major businesses added to the positive sentiment with announcements of higher dividends. 6 notable dividend stocks increased their payouts over the last
Britain’s longest-ever ruling monarch, Queen Elizabeth II, turns 92 today (April 21). Living through the terms of 21 UK prime ministers and 16 US presidents, she has reigned for 65 years as one constant in a world that has enormous change. Through photos from the year she was born to present day, here’s a look at how key moments in her life helped shape modern history, as well as what these decades have looked like through the eyes of a monarch. When the queen was a child Princess Elizabeth Alexandra Mary was born in 1926. She was the first child of the Duke and Duchess of York and was not expected to ever become queen. However, in 1936, her father Albert shockingly acceded to the throne and
The top Senate Democrat is using marijuana's informal holiday to announce a change of heart about the drug, another sign of the growing political acceptance of pot. Senate Minority Leader Chuck Schumer of New York said Friday he'll introduce a bill taking marijuana off the federal list of controlled substances — in effect decriminalizing its use. Under the measure, the federal government would still enforce laws against moving pot into states where it's illegal and would still regulate advertising so it isn't aimed at children.
Netflix, Inc. (NASDAQ:NFLX) has been on a mission, both in reality and in the stock market. As you can see, Netflix stock has been a beast. Over its previous highs and above $330, Netflix stock is basing nicely.
WASHINGTON/JEDDAH, Saudi Arabia (Reuters) - U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters. "Looks like OPEC is at it again. Oil prices are artificially Very High! No good and will not be accepted!" Trump wrote on Twitter.
Countless people look forward to retirement for one key reason: not having to endure the grind of maintaining a full-time career. In a recent survey, among the 17% of adults who returned to work over the past three years after being out of the workforce for at least 12 months, 13% were retirees who resumed their careers because they needed the additional income. The average household nearing retirement has a median savings of just $17,000, according to data from the Economic Policy Institute, and in a more recent study by GOBankingRates, one-third of adults 55 and over were said to have less than $10,000 in a nest egg.
If you want to be financially secure in retirement, then making the most of Social Security can be critical in putting together a smart financial plan. The perfect retirement strategy involves a combination of Social Security benefits, private pension payments, and income from your own retirement nest egg. Social Security calculates how much money you get in monthly benefits based on your work history during your career.