Former NYC Mayor Rudy Giuliani on immigration, the fight against terrorism, his decision not to join President-elect Donald Trump's administration and cyber security. Former NYC Mayor Rudy Giuliani says he is not interested in being a part of President-elect Donald Trump’s Administration.
Day: December 23, 2016
Stocks Struggle for Momentum, But Weekly Gains in Sight
U.S. stocks were little-changed in their final trading day before the holidays on Friday, and while indexes remained on track for a positive week, the “Santa rally” that has taken indexes to repeated records appeared to stall with few catalysts to spur buying. While the Dow once again appeared unlikely to pierce through the closely watched milestone of 20,000, the blue-chip index is set to log its seventh weekly gain in a row.
ProShares to Split 13 ETFs
ProShares, the largest provider of inverse and leveraged exchange traded funds, will split 13 of its ETFs. Seven of the ETFs will go undergo traditional, forward splits while the other six will be reverse split.
“Maintain, Don’t Gain” Tip No. 5: Give Back
In this video from Motley Fool Answers , Alison Southwick and Robert Brokamp welcome Motley Fool Chief Wellness Officer Sam Whiteside to the show, as she offers her best advice on how to make it through the holiday season with a focus on your health. Her final piece of advice: Get out and give back.
Is Goldcorp Inc. Really a Better Buy Than Barrick Gold Corporation?
Driving that swap is a view that there’s nothing left to excite investors at Barrick Gold because it has mostly completed its turnaround. Meanwhile, Goldcorp has the potential draw attention should it release a compelling plan at its investor day in January.
FedEx Delivers a Rare Earnings Disappointment
This allowed the company to routinely beat analysts’ earnings estimates. As a result, FedEx stock has more than doubled since the beginning of 2013.
Exposing the Skew in GLD Exchange Traded Funds
Turn the frown upside down! Options on the SPDR Gold Trust ETF can exhibit a different type of skew structure than what other types of products display and this can lead to incremental returns to a portfolio incorporating “income” producing strategies.
Does China Offer Plug Power a Path to Profitability?
Operating primarily in material handling equipment, Plug Power’s interest in the EV market represents a change in direction; however, management recognizes a significant opportunity. According to Andy Marsh, Plug Power’s CEO,”China has made hydrogen and fuel cell vehicles a key component of the country’s Energy Revolution Program, which includes over $100 billion in investment and runs through 2030.”
Best Fashion Stocks of 2017
Clothing brands and the apparel industry can be a fickle place, with many of the most iconic apparel brands actually suffering among a changing consumer landscape. This list of clothing retail stocks breaks down the sector to try to find the best publicly traded fashion stocks.
Are There Special Tax Breaks if You Move?
Moving can be a hassle. It can be time-consuming, overwhelming, and agonizing. Then there’s the cost.
3 Reasons Why Somebody Will Buy Twitter in 2017
Shares of the social media standard have fallen for seven consecutive trading days, shedding 15% of their value in the process. The latest dagger at Twitter struck on Tuesday afternoon when CTOAdam Messinger announced that he was leaving the company.
The 10 Best Business Books Of 2016
Whether you wanted new ways to think about your business, insightful advice to manage your career, or analysis of the changing business landscape, 2016 offered up just the books you needed. Within that playing field, there were definitely some standouts.
NN Group to Buy Dutch Rival Delta Lloyd for $2.6 Billion
NN Group NV agreed to buy Delta Lloyd NV for about 2.5 billion euros after its earlier offer for the Dutch insurer was rejected. NN offered 5.40 euros a share in cash for Amsterdam-based Delta Lloyd, the companies said in a statement on Friday.
MegaFon to Buy Mail.ru Stake for $740 Million From Usmanov
Alisher Usmanov and his partners are set to pocket $740 million from moving a stake in internet company Mail.ru Group Ltd. to MegaFon PJSC, as the Russian billionaire consolidates his technology holdings into the wireless carrier. MegaFon plans to buy 33.4 million shares, equal to an almost 64 percent voting stake in the web company, from Usmanov’s USM Holdings, according to a statement Friday.
Tunisian Suspect In Berlin Market Attack Killed In Milan Shootout: Reports
Police in Milan, Italy, have shot and killed Anis Amri, the Tunisian man suspected of carrying out Monday’s terror attack at a Christmas market in Berlin, media reports said Friday. The 24-year-old suspect, identified via a fingerprint check, died in a shootout at Sesto San Giovanni on Friday, Italian news service ANSA reported .
“Maintain, Don’t Gain” Tip No. 1: Watch the Alcohol
In this video from Motley Fool Answers , Alison Southwick and Robert Brokamp welcome Motley Fool Chief Wellness Officer Sam Whiteside to the show, as she offers her best advice on how to make it through the holiday season without adding to your waistline. 10 stocks we like better thanWal-Mart When investing geniuses David and TomGardner have a stock tip, it can pay to listen.
Inherited IRA Rules: What Heirs Need to Know
Most retirement savers fully expect to spend all of their savings after they retire. Yet more often than you’d think, people die with money left over in their IRAs.
Better Buy: Ambarella Inc vs. Advanced Micro Devices, Inc.
Investors looking for a semiconductor play might look to Ambarella’s beat-down stock as a turnaround play, or they might be tempted into hitching a ride with AMD in hopes of more gains. But which is really the better buy? AMD’s stock price gains have come as the company made solid improvements to its revenue, expanded its position in the graphics processing unit market, and looks to opportunities in new markets like virtual reality .
UFC’s Dana White On Conor McGregor Equity Demand: ‘Anything Is Possible’
Conor McGregor’s recent call for an equity stake in UFC may have sounded outlandish, but it isn’t outside the realm of possibility, according to company president Dana White. McGregor made his demand just moments after his knockout victory over Eddie Alvarez at UFC 205 last November, the fight promotion’s first card in New York City in two decades.
Berlin Terror Suspect Reported Killed by Police in Milan
The prime suspect in the Berlin terrorist attack has reportedly been shot and killed in Milan, according to Italian police. A 24-year old Tunisian man, said by German police to be Anis Amri, was reportedly confronted by police in Sesto San Giovanni, a small suburb of the northern Italian city early Friday morning and killed after a brief exchange of gunfire, according to a Reuters report.
It’s Time to Sell Wipro, TripAdvisor, 3 More Toxic Stocks
It’s easy to get caught up with the Christmas spirit right now, especially as the Dow flirts with cracking the big, psychologically important 20,000 level. But not all of the stocks in your portfolio are set to leave gifts under your tree in the weeks ahead.
Jim Cramer’s Top Takeaways: Red Hat has a Good Long-Term Model
Red Hat : Cramer dug deeper into the drop in Red Hat shares, by checking in with Jim Whitehurst, the company’s president and CEO, to learn more. Whitehurst said that he’s not surprised by the market’s reaction to this quarter’s earnings.
Where Did the Stocks Making New Highs Go?
In yet another sign that we are late in the rally, we saw the number of stocks making new highs on the NYSE contract to levels not seen since before the election. Let me remind you that the S&P is a mere 10 points off the high.
10 Last-Minute Gift Ideas That Can Help Make The World A Better Place
How you can put your money toward more than just more stuff-and nudge your friends and family in the right direction, too. If ever there was a year to give back, this is it.
Porsche Holding Wins Hedge Fund Lawsuit at German Top Court
Porsche Automobil Holding SE won a key legal victory in its effort to end years of litigation stemming from a failed attempt to take full control of Volkswagen AG in 2008. Germany’s highest civil court dismissed an appeal by 19 hedge funds including Viking Global Equities LP, Glenhill Capital LP and David Einhorn’s Greenlight Capital Inc., Porsche Holding said Friday in a statement.
Monte Paschi’s Fatal Sin Brings Nationalization for Oldest Bank
On the afternoon of Dec. 9, Marco Morelli, chief executive officer of Banca Monte dei Paschi di Siena SpA, was preparing for a board meeting in the lender’s Belle Epoque-era offices in Milan when the news hit: the European Central Bank had rejected his bid for more time to raise the 5 billion euros needed to stay afloat. The gathered executives and their advisers from JPMorgan Chase & Co.
Tiny Stocks Find a Friend in Trump
U.S. equities have been hitting new record highs, with small-cap value stocks and related exchange traded funds leading the broad market rally, after Donald Trump won the presidential elections and bolstered the economic outlook. The benchmark Russell 2000 Index, a widely observed measure of U.S. small-cap stocks, gained about 14% and the Russell 2000 Value Index advanced over 17% since the U.S. presidential elections.
Fiat Chrysler to recall 50K SUVs; engines could stall
The recall covers the Dodge Journey and Jeep Compass and Patriot from the 2016 model year. All have 2-liter or 2.4-liter four-cylinder engines.
Berlin Market Attack Suspect Killed in Shootout in Italy
A man believed to be the suspect in the Berlin Christmas market truck attack was killed in a shoot-out in a suburb of the northern Italian city of Milan on Friday, a security source told Reuters. Italy’s interior minister was to hold a news conference at 10.45 a.m. the ministry said.
A Sudden Burst of Activity on Mortgage Litigation
In the span of just 12 hours, three U.S. enforcement matters left over from the financial crisis made significant progress: Deutsche Bank AG and Credit Suisse Group AG separately announced that they would pay a combined $12.5 billion to resolve U.S. investigations into their sales of toxic mortgage debt, whereas Barclays Plc chose to roll the dice and let the Justice Department file a fraud lawsuit over its debt sales. Before these latest two deals, the U.S. investigations had already yielded more than $46 billion from six U.S. financial institutions.
Just in time for the new year, some financial planners’ best retirement tips
Many Americans don’t use financial planners for all the wrong reasons. Some don’t think they have enough money tucked away.
Merck’s Ebola Vaccine Found to Protect Against Deadly Virus
An experimental Ebola vaccine manufactured by Merck & Co. was found to be highly protective against the deadly virus, showing promise in the fight against future outbreaks after an earlier epidemic killed thousands and highlighted a shortage of weapons to battle the disease.
Twitter Says It Inflated Video Ad Views, Refunded Clients
Twitter Inc. discovered a software bug that overstated how often video ads were viewed on Android phones, the latest snafu to shake faith in the measurement of digital advertising. The company issued refunds to some clients who ran video ads on the Twitter Android app from Nov. 7 to Dec. 12. The bug caused views to be overstated by as much as 35 percent, according to a person familiar with the matter.
Barclays to Face Off Against U.S. Over – Craptacular’ Loans
The U.S. Justice Department sued Barclays Plc for fraud over its sale of mortgage bonds after the bank balked at paying the amount the government sought in settlement negotiations. The lawsuit announced on Thursday is rare for big banks, which typically negotiate a settlement with the government rather than risk drawn-out litigation and a possible trial.
Deutsche Bank to Settle U.S. Mortgage Probe for $7.2 Billion
Deutsche Bank AG said it reached a $7.2 billion agreement to resolve a years-long U.S. investigation into its dealings in mortgage-backed securities, removing a legal hurdle that fueled investor angst. Deutsche Bank will pay a $3.1 billion civil penalty and provide $4.1 billion in relief to consumers under a settlement in principle with U.S. authorities, according to a statement early Friday.