An earnings season that delivers will play an integral role in whether the market can maintain all-time highs, according to Crossmark Global Investments’ Victoria Fernandez. The chief market strategist believes Wall Street is completely discounting second earnings expectations right now, and that leaves little room for disappointments when the season kicks off this Monday. “Earnings
An employee rings up a customer’s merchandise at The Container Store in Chicago, Illinois. Scott Olson | Getty Images There’s a group of stocks that tend to rise or fall dramatically following their earnings report. Bespoke Investment Group analyzed the most volatile names on earnings, looking at companies that have been publicly traded for at
For identity thieves, kids are the perfect mark. While adults make prime targets for their account balances, a child’s information, particularly their Social Security number, has even more value to scammers because it is a “clean slate” for opening new lines of credit before someone catches on, according to the Identity Theft Resource Center. More
Water Pepsi Getty PepsiCo, Inc. is beating the Coca-Cola Company on Wall Street. PepsiCo’s shares have gained 19.45% for the last twelve months and 49.20% for the last five years, compared to 15.75% and 22.13% for Coca-Cola. But both companies have underperformed the overall market—see table 1. Table 1 Pepsi’s Shares Outperform Coke’s On Wall
In the last article of this column, we discussed two big taxpayer wins delivered by the US Supreme Court. One of those wins struck down North Carolina’s statute that imposed income tax on out-of-state trusts with in-state beneficiaries. To quickly recap, under long-standing rules: The trustee’s state of residency could tax all trust income from
Share to facebook Share to twitter Share to linkedin SoulCycle’s new SoulBeat in-app experience for riders tracks progress and aims to inspire celebratory moments all day Source: SoulCycle Today, New York-based SoulCycle announces the brand’s first in-app experience, called SoulBeat, set to launch at the brand’s new Hudson Yards studio in New York City on
A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses what he has learnt from the history of financial markets and how this has aided his investment decision making. Howard also talks about how he views risk and the market cycles. ???? Books by Howard Marks
Tropical Storm Barry, which threatens to make landfall as a hurricane Saturday and flood parts of Louisiana, will pose a serious test of New Orleans’ post-Hurricane Katrina flood defenses. New Orleans’ situation is precarious. The Mississippi River is expected to rise to nearly 20 feet, the highest level since 1950; roughly 10 to 15 inches
Check out the companies making headlines in midday trading: Johnson & Johnson — Shares of the pharmaceutical and consumer goods company fell 4% after Bloomberg News reported that the U.S. Justice Department is launching a criminal investigation into whether or not the company lied to the public about potential cancer risks in its talcum baby
A man cleans a PW1000G geared turbofan engine developed by MTU Aero Engines AG and Pratt & Whitney, a unit of United Technologies Corp., at the Singapore Airshow held at the Changi Exhibition Centre in Singapore. Brent Lewin | Bloomberg | Getty Images The Dow Jones Industrial Average reached 27,000 for the first time ever