While crude prices stumbled into 2016, they found their footing by mid-year and roared back to life, ending the year up about 42%. Those rising prices lifted most oil stocks.
Month: December 2016
We did a blind taste test of Bud, Coors, Miller, and Natty…
What’s the best light beer to drink at the ball game or at a party with friends? You may have a favorite, but what is the definitive choice? In a blind taste test, we had people try Bud Light, Coors Light, Miller Lite, and Natty Light to see which cheap, light beer reigns supreme. Click below for the top news from around the Bay Area and beyond.
Alec Baldwin’s advice to his 20-year-old self has nothing to…
Click below for the top news from around the Bay Area and beyond. Sign up for our newsletters to be the first to learn about breaking news and more. Go to ‘Sign In’ and ‘Manage Profile’ at the top of the page.
NerdWallet’s Best Credit Card Tips for January 2017
January is a time to reflect on the year just passed and to make resolutions to improve your life in the year to come. When it comes to credit cards , the Nerds have some tips on how can you make 2017 better than 2016.
RBI’s Warning as Indian Banks’ Bad Loans Hit 14-Year High
Bad debts at Indian lenders, especially those in the dominant state-run sector, have climbed to a 14-year high and could swell further, putting a strain on their capital buffers and profitability, a central bank study showed. The industry’s gross bad-loan ratio jumped to 9.1 percent in September, from 7.8 percent in March, according to the Reserve Bank of India’s Financial Stability Report released Thursday.
Twitter’s Dismal Year Will Likely Lead to Another
This followed Thursday’s “open forum,” during which the company’s CEO, Jack Dorsey, welcomed suggestions from users as to how to improve the micro-blogging site’s performance during the new year. Dorsey hopes that 2017 will be kinder than 2016.
3 Troubled Companies and How to Play Them in the New Year
The share prices of Mylan, Sears and Endo International fell dramatically in 2016, and the companies face significant challenges ahead. On a day of light economic news, the three major indices fell slightly Friday.
Restaurant Brands Switch to Healthier Poultry Is Not Reason Enough to Jump on the Stock
Restaurant Brands just became the latest fast-food company to announce it will make a switch toward higher-quality food. This trend, spurred by the American consumers’ increasing consciousness over what they eat, will have long-term effects for investors.
Will Las Vegas Sands Stock Pay a Bigger Dividend in 2017?
The casino giant’s CEO, Sheldon Adelson, has signaled that Sands intends to follow through on plans for a small dividend increase in 2017. Yet with a yield in excess of 5% and an annual dividend rate that exceeds its earnings over the past 12 months, some investors worry that Las Vegas Sands’ dividend might be at risk.
Medicare in 2017: 5 Numbers Everyone Should Know
When you decide to stop working, the odds are good that Medicare will be a critical part of your financial plan to cover your healthcare expenses. Medicare doesn’t cover all of your costs of staying healthy, but with most people becoming eligible for the program when they turn 65, joining the more than 56 million Americans who already get Medicare proves to be the best choice in most cases.
How Robo-Advice Has Upped Everyonea s Game
By Tony Vidler via Iris.xyz One of the major benefits of the intense interest and investment which has gone into creating Robo-Advice models is that institutions are investing a heck of a lot into researching why and how customers are buying financial products.
Fast Casual Stocks: What to Watch in 2017
People are eating out less and that has begun to impact fast casual restaurants that had previously bucked the trend. . That’s bad news for a market segment which has also become crowded due to venture capitalists seeking the next big trend.
Can You Pass This Quiz on Social Security Benefits?
For many Americans, Social Security will be a vital source of income during retirement. The most recently released data from the Social Security Administration found that 61% of current beneficiaries rely on Social Security to provide at least half of their monthly income.
The Big Strategic Shift Coming to the Solar Industry in 2017
The solar industry has been through a lot of strategic changes over the past decade as cell manufacturers moved to making panels, panel manufacturers started building power plants, and power plant companies began moving into financing. In many ways, vertical integration was the name of the game.
2016’s Best CEOs
The best chief executive officers are an often-underrated source of competitive advantage. A strong leader with the vision to steer a company safely through rapidly changing business conditions can many times be the difference between a business’ success and failure.
2 Healthcare Stocks With Better Dividends Than HCP, Inc.
The healthcare-focused real estate investment trust still offers a juicy yield, but the shares of certain companies poised to generate increasing profits could generate far more income over the long run. Here’s why Amgen At recent prices, HCP, Inc.’s $0.37 quarterly payment offers a 5% forward yield, which is higher than J&J and Amgen offer right now.
The 10 Things Top Performing Advisers Do Better
By Fred Dodds via Iris.xyz One of the key themes for the IFA for 2014 is Being Successful on Purpose and at the recent MDRT meeting one of the best sessions I went to was by a George Hartman who examined the 10 things that top-performing advisers seem to do better than most other advisers.
ThreeSixty to Acquire Sharper Image From Iconix
Private equity-backed consumer products company ThreeSixty Group will pay $100 million for the quirky gift retailer in its second sale outside of Chapter 11. ThreeSixty Group on Friday said it had agreed to purchase the Sharper Image brand from Iconix Brand Group in the hopes that it can revamp the struggling gadget maker. The Irvine, Calif., consumer products company will pay $100 million in cash for the rights to the brand and related intellectual property assets of the specialty gifts retailer.
Personalized Risk Management: Helping Clients Make Smarter Decisions
By Patty Quinn McAuley via Iris.xyz In a 2014 survey conducted by CEG Worldwide and the Money Management Institute, affluent clients ranked the top five services they want from a financial advisor. Topping the list at #1 was to help them “make smart decisions with their money.”
3 Changes to Obamacare in 2017
Healthcare reform in the form of the Affordable Care Act happened in 2010, but even now, Obamacare continues to evolve. With the election of Donald Trump in late 2016, many expect huge changes to the healthcare program in the coming years, although the extent of any modifications — or outright repeal — won’t be evident until well into 2017.
Brokerages Set DISH Network Corporation (DISH) Target Price at $68.41
Shares of DISH Network Corporation have been assigned an average recommendation of “Hold” from the twenty-two brokerages that are currently covering the firm. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company.
Apple Said to Seek Lower Taxes to Start Manufacturing in India
Apple Inc. wants India to offer tax concessions on iPhones that the company plans to manufacture in the country, a person with knowledge of the matter said. The company wrote to the industry ministry last month seeking lower import and manufacturing duties, the person said, asking not to be identified citing rules on speaking to the media.
How does something from Rancho Cucamonga make it to Mars and Pluto?
The small business, with about 40 employees, provides the aerospace and medical industries with ultra-precision components and assemblies in glass, ceramic and metal materials. The family-run Mindrum Precision is three generations deep and celebrated 60 years in 2016.
A 15-year study finds indoor smoking bans really do make kids…
Prohibiting people from smoking indoors does more than just keep bars from smelling like cigarettes, new research suggests. It’s actually doing kids a favor.
About 24,000 Maine homes, businesses powerless after storm
The number of Maine homes and businesses without power following the area’s strongest nor’easter in nearly two years is down to about 24,000. More than 100,000 Maine homes and businesses were without electricity at the storm’s peak.
Green Mountain Power says no hack report, its systems secure
Vermont electric company Green Mountain Power says it was not the utility that reported a possible Russian hack into its systems and its systems are secure. A Washington Post story based on anonymous U.S. officials says a code associated with a Russian hacking operation was detected within the system of a Vermont utility but wasn’t actively used to disrupt operations.
Raging blaze burns a dozen storefronts; 3 firefighters hurt
A fire has raged through more than a dozen storefronts on a block in New York City, injuring three firefighters. The Fire Department of New York says about 180 firefighters were called to the blaze Friday night in the Kew Gardens neighborhood in Queens.
The Latest: Vermont governor ‘outraged’ over utility malware
Vermont’s governor says he has been in touch with the federal government and the state’s utilities about the discovery on a utility laptop of a malware code used by Russian hackers. Democratic Gov. Peter Shumlin says people should be “alarmed and outraged” Russian President Vladimir Putin “has been attempting to hack our electric grid.”
Tesla’s New Autopilot Is “Days” From Release
But with only one more day left in the year, it’s not looking like Tesla will meet its target. However, the software is “almost there,” Musk said in a tweet on Thursday.
Twitter CEO Solicits Product Feedback as He Takes Larger Role
His tweet Thursday soliciting product feedback from users drew hundreds of responses, highlighting concerns with everything from abuse on the site to users’ inability to fix errors after they publish tweets. “We’ll consider everything we heard from you,” Dorsey said Friday on Twitter.
Actively Managed Funds Take a Beating: The Year in Four Charts
Two records will be made this year. Active managers will have the worst year ever for redemptions, while passive funds will have the best for inflows. Here are the top five funds investors put their money in this year through November and the ones investors left.
Here’s what it’s like to live with a supercar in San Francisco
Ask any car enthusiast which driver’s seat they prefer, and the answer, almost invariably, will be one that sits low, with a big, thunderous engine out back and a six-figure price tag. As true as that might be, it’s almost clich to say that supercars are the stuff of dreams.
2016: The Year Of Nostalgia
The more passion people have for the work that they do, the more likely they are to demonstrate positive energy and success in life.
Traders Are Cleaning Out Their Portfolios: Rev Shark’s Best Blog
Jim Cramer shares his views every day on RealMoney . Click here for a real-time look at his insights and musings.
Clean the Slate for the New Year: Best of Kass
In highlights from this week’s trading diary and posts, Kass tells us about how he’s cleaning the slate for the year’s end. Doug Kass fills his blog on RealMoney every day with his up-to-the-minute reactions to what’s happening in the market and his legendary ahead-of-the-crowd ideas.
Oil Makes Biggest Annual Gain Since 2009 Before OPEC Supply Cuts
Oil made the biggest annual gain since 2009 as OPEC and other producing nations plan to start supply cuts next month to reduce swelling global inventories. Futures rose 52 percent in London this year after closing little changed on Friday.
From the Archives
Although outside groups can exercise some oversight, the unsettling truth is that, to a considerable degree, the watchers must be able to watch themselves.” Nick Gillespie “Out of Sight, Out of Hand?” “Americans have always had mixed feelings about psychoactive substances.
The Dow’s Worst Day in 2016
Yet the year was also chock-full of major events, and many of them roiled the financial markets from time to time. In terms of the largest fall between market closes on consecutive days, the Dow’s worst day of the year came on June 24, when the Brexit decision for the U.K. to leave the European Union sent the average down 610 points.
Was 2016 a good year for investors?
Dec. 30, 2016 – 6:46 – UBS Managing Director Rob Sechan and SkyBridge Senior Portfolio Manager Troy Gayeski on the year in market activity.
Many will use Uber, Lyft on New Yeara s, but a regular taxi might end up being cheaper
Southern Californians will soon be ringing in the New Year at neighborhood sports bars, nightclubs, outdoor venues, and maybe even Disneyland. But when the party’s over and all of that drinking is done they’re going to need to get home safely.