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Home2018December

Month: December 2018

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Business News

Payments company Square to re-apply for a bank license

December 19, 2018 admin Comments Off on Payments company Square to re-apply for a bank license

Square Inc , the payments company led by Twitter Inc chief executive Jack Dorsey, is refiling its application with U.S. state and federal regulators for a bank license, the company said on Wednesday.

…read more […]

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Business News

U.S. to lift sanctions on Oleg Deripaska’s Rusal and En+ in 30 days

December 19, 2018 admin Comments Off on U.S. to lift sanctions on Oleg Deripaska’s Rusal and En+ in 30 days

The U.S. Treasury will lift sanctions on aluminum giant Rusal , its parent company En+ , and another firm tied to Russian businessman Oleg Deripaska, it said in a statement on Wednesday.

…read more […]

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Business News

Fed raises U.S. rates, signals tightening cycle nearing end

December 19, 2018 admin Comments Off on Fed raises U.S. rates, signals tightening cycle nearing end

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an end in the face of financial market volatility and slowing global growth.

…read more […]

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Business News

Libya’s government says El Sharara oilfield reopened after PM’s visit

December 19, 2018 admin Comments Off on Libya’s government says El Sharara oilfield reopened after PM’s visit

Libya’s government of national accord said on Wednesday El Sharara oilfield had reopened following the visit of Libya’s internationally recognized Prime Minister Fayez al-Sarraj to the field.

…read more […]

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Business News

Global stocks dip after Fed decision

December 19, 2018 admin Comments Off on Global stocks dip after Fed decision

Global equity markets gave up earlier gains on Wednesday after the U.S. Federal Reserve announced another interest rate hike and said “some” further rate hikes would be necessary in the year ahead.

…read more […]

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Business News

Shell forms joint venture to produce offshore wind energy in New Jersey

December 19, 2018 admin Comments Off on Shell forms joint venture to produce offshore wind energy in New Jersey

EDF Renewables North America said on Wednesday it had formed a joint venture with oil and gas firm Royal Dutch Shell plc’s new energies division to co-develop a lease area for offshore wind energy in New Jersey.

…read more […]

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Business News

S&P 500 pares gains, Nasdaq turns negative after Fed statement

December 19, 2018 admin Comments Off on S&P 500 pares gains, Nasdaq turns negative after Fed statement

U.S. stocks pared gains on Wednesday, with the Nasdaq index turning negative, after the Federal Reserve raised interest rates but forecast fewer rate hikes for 2019.

…read more […]

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Business News

Fed lifts rates, now sees ‘some further’ hikes ahead

December 19, 2018 admin Comments Off on Fed lifts rates, now sees ‘some further’ hikes ahead

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an end in the face of financial market volatility and slowing global growth.

…read more […]

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Business News

Another technical tweak as Fed wrestles to control policy rate

December 19, 2018 admin Comments Off on Another technical tweak as Fed wrestles to control policy rate

The U.S. Federal Reserve continued its quiet battle to keep a firm grip on its policy rate on Wednesday by again narrowing the gap between the effective ceiling and floor that keeps it contained.

…read more […]

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Instant View: Fed raises U.S. rates, sees ‘some further’ hikes ahead

December 19, 2018 admin Comments Off on Instant View: Fed raises U.S. rates, sees ‘some further’ hikes ahead

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an end in the face of financial market volatility and slowing global growth.

…read more […]

Smart Money

Jim Woods stock market outlook for 2019 (and 3 winning stocks)

December 19, 2018 admin Comments Off on Jim Woods stock market outlook for 2019 (and 3 winning stocks)

    Jim Woods, editor of the Successful Investing and Intelligence Report newsletters discusses his investing strategies and shares his stock market outlook, and prescription for how to profit in 2019. While his trend following system gave […]

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Business News

J&J loses bid to have $4.7 billion talc verdict set aside, vows to appeal

December 19, 2018 admin Comments Off on J&J loses bid to have $4.7 billion talc verdict set aside, vows to appeal

Johnson & Johnson failed to persuade a Missouri trial judge to set aside a verdict awarding a record $4.69 billion to 22 women who blamed their ovarian cancer on asbestos in the company’s Baby Powder and other talc products.

…read more […]

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Russian tycoon’s stake in En+ to fall to 44.95 percent: U.S. Treasury

December 19, 2018 admin Comments Off on Russian tycoon’s stake in En+ to fall to 44.95 percent: U.S. Treasury

Russian oligarch Oleg Deripaska’s stake in En+ will fall to 44.95 percent from about 70 percent as part of a restructuring that paved the way for a lifting of sanctions on three of his companies, the U.S. Treasury said in a statement.

…read more […]

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Wall Street gains ahead of Fed interest rate decision

December 19, 2018 admin Comments Off on Wall Street gains ahead of Fed interest rate decision

U.S. stocks rose more than 1 percent to session highs on Wednesday, ahead of a much-awaited Federal Reserve announcement that investors hope will point to a more moderate pace of future interest rate hikes and spark a year-end rally.

…read more […]

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Business News

Exclusive: Russia’s Deripaska prepares to cede control of Rusal, En+ – sources

December 19, 2018 admin Comments Off on Exclusive: Russia’s Deripaska prepares to cede control of Rusal, En+ – sources

Russian tycoon Oleg Deripaska is preparing to cede control of Rusal and its parent En+ , moving part of his En+ stake to a blind trust, as talks with the United States on lifting sanctions advance, three sources familiar with the talks said.

…read more […]

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Next Super Stock (NASDAQ: TOMZ) We Saw This Before: Axon Went From $1.50 to $800+

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Ebola Outbreak and HantaVirus Emergencies Can Send $TOMZ Stock ROCKETING!

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