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Sen Blumenthal: 737 Max victims were in ‘flying coffins’

Boeing CEO Dennis Muilenburg testified before the Senate Commerce committee today. Muilenburg’s appearance before congress comes exactly a year after the first Boeing 737 Max crashed into the Java Sea. Yahoo Finance’s Jessica Smith joins YFi PM to discuss with Zack Guzman, Heidi Chung and Alexis Keenan the future of the commercial plane company. …read more […]

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New 'Star Wars' movie era in disarray after 'Game of Thrones' creators exit

The exit of the “Games of Thrones” creators from the next “Star Wars” film left future stories in the science fiction saga up in the air on Tuesday, although some fans welcomed their departure. David Benioff and D.B. Weiss had been hired in 2018 to write and produce a trilogy of new movies in the blockbuster Walt Disney Co franchise, with the first scheduled for release in December 2022. “We love Star Wars. …read more […]

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AIG Declines Amid Report of SEC Probe of Retirement Sales

(Bloomberg) — American International Group Inc. shares slumped Tuesday amid a report that the U.S. Securities and Exchange Commission is probing sales practices for retirement products at a unit that handles plans for school districts and universities.The stock fell as much as 2.6% after the Wall Street Journal said the SEC was inquiring about whether incentives at an AIG unit rewarded salespeople for pitching higher-cost products and whether the payments that AIG’s representatives received for selling certain products were properly disclosed. Judy Burns, an SEC spokeswoman, declined to comment.Regulators have sought to clarify conflict-of-interest rules for sales by brokers and …read more […]

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What is an IRA Rollover?

An IRA rollover is a transfer of funds from one retirement account to a traditional or Roth IRA. The rollover is used to move assets from a 401k or similar retirement accounts. The funds can then be used with a new employer’s retirement plan or another account provider.
One main benefit of an IRA rollover is keeping your money safe from taxes. There is no maximum amount you can rollover. They can also provide a larger selection of investments. Let’s look at the details…

Direct vs. Indirect Rollover
The first and preferred rollover method is a direct rollover. Your money goes straight from …read more […]

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Reata Pharmaceuticals, Inc. (RETA): These Hedge Funds Sold Prior To Large Gains

Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees during the first half of 2019 amid Powell’s pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a […] …read more […]