Month: January 2020

(Bloomberg) — Bombardier Inc. fell the most on record after warning of disappointing fourth-quarter sales and revealing that it may exit a joint venture with Airbus SE that makes the A220 jetliner, potentially triggering a major writedown.A ramp-up in A220 production will require additional cash investment, pushing back the break-even point and generating lower returns across the lifetime of the project, Bombardier said in a statement Thursday. The value of the A220 joint venture is likely to be diminished and the amount of any accounting charge will be disclosed with full 2019 results next month, the company said.The potential end …read more […]

Are you looking to find the best places to retire in Virginia in 2020? If so, you are not alone. The “Old Dominion” is a popular destination for many retirees across the country. From the Blue Ridge Mountains to the Chesapeake Bay, Virginia provides a unique lifestyle unlike anywhere else.
No matter where you settle in the state, you are only a few hours away from both the mountains and the ocean. Moreover, it’s one of the safest states in the nation. According to U.S. News & World Report, Virginia has the 6th lowest crime rates in the United States overall.
What …read more […]

The lawyer who helped former Fox News host Gretchen Carlson has taken a new case against PNC after a former employee said the company didn’t protect her from being assaulted by a customer. Nancy Erika Smith, Partner at Smith Mullin joins On The Move to discuss the allegations. …read more […]

The countdown to the 2020 U.S. presidential election has begun.
And the political drama is about to go into overdrive.
With that in mind, today, I’m sharing two of my favorite trends to profit from during election years.
These two opportunities are on opposite ends of the investment spectrum.
On one side, there are billions of dollars up for grabs. And shares of companies poised to benefit are just starting to take off.
On the other side, we have a major catalyst that’s historically triggered a huge price change of hundreds or thousands of percent.
I believe investors should have exposure to both in the year …read more […]

You haven’t joined the ETF revolution yet? ETFs have more than $6.3 trillion in assets under management and countless options available, so don’t get left behind.
Today, Nicholas Vardy explains why ETFs are the building blocks of your ideal investment portfolio.

It’s now been two years since I joined The Oxford Club as its first ETF strategist.
Interest in exchange-traded funds (ETFs) has continued to explode since then.
At the start of 2018, ETFs across the globe managed about $4.75 trillion. ETFs were already bigger than the entire hedge fund industry.
Today, global ETF assets have ballooned to $6.3 trillion.
U.S.-based ETFs alone manage $4 trillion …read more […]