The U.S. Securities and Exchange Commission said on Thursday it had ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately supervise investment advisers who were recommending high-risk products.
Tellurian Inc stock dropped on Thursday after the company said it extended the amount of time India’s Petronet LNG Ltd had to finalize an agreement to buy liquefied natural gas (LNG) from Tellurian’s Driftwood plant in Louisiana.
The U.S. Federal Communications Commission is set to propose fining four major U.S. mobile phone companies at least $200 million in total for improperly disclosing some consumer real-time location data, two people briefed on the matter said on Thursday.
Home furnishing retailer Bed Bath & Beyond Inc said on Thursday it would cut about 500 jobs, including management positions, as part of a restructuring program.
Wall Street’s main indexes plunged on Thursday for the sixth straight session, with the S&P 500 confirming its fastest correction in history as the rapid global spread of coronavirus intensified worries about economic growth.
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.
The company has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its $38 billion acquisition of Anadarko Petroleum. Occidental had also previously lowered its spending plans for the year and trimmed production goals to safeguard its dividend at a time when investors have been pressuring oil and gas companies to boost shareholder returns. Occidental reported fourth quarter production of 1.42 million barrels of oil equivalent per day (boepd), in line with its preliminary expectations announced earlier this month. …read more […]
Now let’s talk about all the red we’ve been seeing this week.
What you’re witnessing in the market right now is a combination of three things…
The market was priced for perfection. That means there was no room for “error” or a virus.
The market fears a lack of continuity of government with the elections coming this fall. Like him or hate him, President Trump is a known quantity. His potential opponent is unknown at this point.
The machines that account for 80% of the trading on Wall Street and the fund managers who must sell to mimic the market cause the type of …read more […]
I get a lot of questions from investors about exchange-traded funds, or ETFs. Many investors are curious about whether exchange-traded funds should have a place in their portfolios.
Perhaps the best place to start in this discussion is to define what an ETF is.
An ETF is a set of securities put together to track a certain index. One of the more popular ETFs, for example, was constructed to track the performance of the S&P 500. This is the SPDR S&P 500 ETFTrust (NYSE: SPY).
Prior to the creation of ETFs, it was very difficult for an individual investor to actually invest in …read more […]
Investment-advisors are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets. …read more […]
Beyond Meat Inc said on Thursday it expects full-year sales to grow as much as 71%, after reporting that deals with retailers and restaurants helped to more than triple fourth-quarter sales and substantially narrowed its loss.
Yahoo Finance talks with Beyond Meat founder and CEO Ethan Brown fresh off its latest earnings report. …read more […]
Wall Street’s main indexes plunged on Thursday in their sixth straight day of declines with the S&P 500 confirming its fastest correction in history as the rapid global spread of coronavirus intensified investor worries about economic growth.
Investment-advisors are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets.
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