Wall Street rose on Thursday, with the S&P 500 and Nasdaq indexes near one-month highs on upbeat earnings from Netflix and Morgan Stanley, while investors cheered Britain’s preliminary last-minute deal with the European Union.
Investment group PPF, owned by the Czech Republic’s richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T, Czech and Bulgarian media reported on Thursday. AT&T holds 64% of CME’s common stock but effectively controls 75% of the company through preferred shares. CME, which operates TV stations in the Czech Republic, Bulgaria, Romania, Slovakia and Slovenia, has a market capitalisation of $1.13 billion, according to Refinitiv data. …read more […]
The leadership of the United Auto Workers was meeting on Thursday to review terms of the union’s tentative deal with General Motors Co to end a crippling month-long strike at the No. 1 U.S. automaker.
Oil prices fell on Thursday after a larger-than-expected rise in U.S. crude stockpiles and a series of weak economic figures, although a drop in fuel inventories helped offset the decline.
The leadership of the United Auto Workers was meeting on Thursday to review terms of the union’s tentative deal with General Motors Co to end a crippling month-long strike at the No. 1 U.S. automaker. The national council, representing GM plants across the United States, was reviewing terms of the four-year deal. It was then expected to forward the agreement to GM’s 48,000 striking workers for final ratification. …read more […]
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is… …read more […]
Lawyers representing families of passengers killed in a Boeing 737 MAX crash in Ethiopia in March are set to issue subpoenas to Southwest Airlines and American Airlines , according to documents seen by Reuters.
The chief executives of the three largest U.S. drug distributors and a drugmaker have been summoned to appear before a federal judge to discuss a proposal to resolve thousands of lawsuits alleging they fueled the U.S. opioid crisis, a person familiar with the matter said on Thursday.
Many brokers are slashing commissions down to zero to remain competitive with one another, but the question remains: How will they make money?
Today, Alexander Green explains the upside – and downside – of commission-free trading for wealth builders.
The cost of trading stocks has been coming down for decades.
It started in 1975, when regulators abolished fixed trading commissions. (Until then, you had to pay a minimum commission of $49, equal to $176 today.)
Charles Schwab responded by immediately slashing trading costs for its clients, becoming the first true “discount broker.”
Merrill Lynch – surprise, surprise – used deregulation as an opportunity to raise …read more […]
A deal on Britain’s departure agreed with the European Union sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak before doubts about UK parliamentary support hauled them back.
Fitbit Inc is developing a method to detect irregular heart rhythm in time through a partnership with Bristol-Myers Squibb-Pfizer Alliance, as the wearable device maker looks to match a feature available on rival Apple Inc’s Watch.
Fitbit has been pushing deeper into the healthcare space and in August tied up with the Singapore government to provide fitness trackers and services in a health program that the company said could reach up to one million users. Under Thursday’s deal, the company’s devices will carry software that will help detect atrial fibrillation – the most common type of irregular heartbeat – after approval from the U.S. Food and Drug Administration. …read more […]
Could Pitney Bowes Inc. (NYSE:PBI) be an attractive dividend share to own for the long haul? Investors are often drawn… …read more […]
The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But if you pick the right… …read more […]
White House economic adviser Larry Kudlow said on Thursday there was momentum to finalize the initial phase of a U.S.-China trade deal that was outlined last week, and it may be signed at the APEC forum next month in Chile.
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