FINANCE TECH Archive

U.S. stocks poised to pull back as caution sets in ahead of Fed speakers

U.S. stocks were poised for a cautious open on Thursday, ahead of a round of appearances by Federal Reserve officials and important energy-supply data that could set the direction for investors. Against a backdrop of mostly weaker global markets, Dow Jones Industrial Average futures YMZ5, -0.06% slipped 34 points to 17,621. Those for the S&P [&hellip

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Apple’s stock sinks on concern about slowing growth

Shares of Apple Inc. sank 3.2% on Tuesday after Credit Suisse lowered its earnings estimates on the iPhone maker. And Doug Kass, president of money manager Seabreeze Partners Management, reminded investors that Apple AAPL, -3.15% is facing slowing earnings and revenue growth in an article in which he said he’s maintaining his short position, wagering [&hellip

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Activist shareholders were busier and more aggressive than ever in 2015

Source photo Activist shareholders have been busier and more aggressive than ever in 2015, in a move that may cheer the shareholders of target companies but dismay the owners of their debt. There were 178 public campaigns in the year through Oct. 15, up from 165 in the same period a year ago, according to [&hellip

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China says no tough rules for foreign bank card firms

Source photo China will not impose tough licensing restrictions on overseas bank card providers seeking to enter the country’s $7 trillion card payment market, a senior central bank official said on Tuesday. Industry sources told Reuters in October that they were concerned the Chinese government would limit the number of licenses issued to foreign card [&hellip

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General Motors’ stock has 40 percent return potential: Barron’s

Source photo Shares in General Motors Co could return as much a 40 percent, including a 5 percent dividend yield, a year from now when investors start to focus on 2017 per share earnings of $6, according to financial weekly Barron’s on Sunday. Barron’s says GM’s stock should be up “far more” year-to-date than the [&hellip

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A letter gives a rare glimpse into one of the world’s most secretive — and most successful — hedge funds

There are two types of investing, according to the departing partner of hugely successful and secretive hedge fund Baupost Group: “needle in a haystack investing” and “tide comes in and tide goes out investing.” One type takes rigorous work as you search for a small number of opportunities. The other, “chutzpah.” The partner, Brian Spector, [&hellip

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What to watch for in Lumber Liquidators’ earnings

Source photo Lumber Liquidators Holdings Inc. is slated to reveal third-quarter results on Wednesday, before the stock market opens. Investors will be waiting to see whether the troubled hardwood-floor company LL, +1.43% can finally break its string of disappointing results, and support the recent stabilization in the stock. That would help deflect some of their [&hellip

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European shares sag as StanChart and Volkswagen drop

Source photo European stock markets fell on Tuesday, pegged back by a drop in the shares of British bank Standard Chartered and carmaker Volkswagen. The pan-European FTSEurofirst 300 index and the euro zone’s blue-chip Euro STOXX 50 index both declined by 0.2 percent. Volkswagen’s shares fell 4.2 percent after U.S. environmental regulators said late on [&hellip

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Optimal Payments says investigating data breach allegations

Mobile payments company Optimal Payments Plc said it was investigating allegations that personal data belonging to some of its customers had been compromised. The company said the allegations were about data breaches at two of its units in 2012 or earlier and the data which is available in the public domain emanated from those breaches. [&hellip

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Making 401(k) enrollment and escalation automatic

Given the large gap between retirement needs and retirement resources, our retirement programs need to work as well as possible. In the private sector, 401(k) plans, the main vehicle for retirement saving, are not working as well as they could. This problem could be remedied with more extensive use of automatic provisions – automatic enrollment [&hellip

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