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Samsung Q9 Cyber Monday Deals 2018
News ImageLooking for 2018's hottest Cyber Monday items? Find Samsung Q9 Cyber Monday deals, and get info on the best selling Cyber Monday items here.
Sun, 30 Dec 2018 19:00:00 -0500
Stocks rise ahead of Fed decision
News ImageU.S. stocks jumped as investors await the latest monetary policy decision from Federal Reserve officials.
Wed, 19 Dec 2018 10:51:19 -0500
Buffett's stake in Home Capital to dip to less than 10 percent
News ImageShares of Home Capital tumbled 18 percent in early trading. Berkshire Hathaway Inc bought a 20 percent stake in Home Capital last year and extended a C$2 billion credit line after the company's investors withdrew more than 90 percent of funds from its high-interest savings accounts.
Wed, 19 Dec 2018 10:50:58 -0500
Uber loses latest UK legal bid to block worker rights for drivers
News ImageUber [UBER.UL] has lost its latest court bid to stop its British drivers being classified as workers, entitling them to rights such as the minimum wage, in a decision which jeopardizes the taxi app's business model. Two drivers successfully argued at a tribunal in 2016 that the Silicon Valley firm exerted significant control over them to provide an on-demand service and that they should cease to be considered self-employed, which gives few protections in law. An employment appeal tribunal upheld that decision last year prompting Uber to go to the Court of Appeal, which ruled against the firm in a decision handed down on Wednesday.
Wed, 19 Dec 2018 10:54:46 -0500
U.S. existing home sales rise; trend weak
News ImageU.S. home sales unexpectedly rose in November, but recorded their biggest annual decline in 7-1/2 years, adding to other data that have painted a grim picture of the housing market. There are concerns that the persistent housing market weakness could spill over to the broader economy, which continues to be bolstered by robust consumer spending. The softening housing market is not expected to discourage the Federal Reserve from raising interest rates when officials wrap up a two-day policy meeting on Wednesday.
Wed, 19 Dec 2018 10:45:51 -0500
Do Hedge Funds Love Ubiquiti Networks Inc (UBNT)?
News ImageBillionaire hedge fund managers such as Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the unlimited research abilities of the big players []
Wed, 19 Dec 2018 10:45:19 -0500
Senate to vote on funding bill, easing shutdown threat
News ImageWASHINGTON (AP) Senate Majority Leader Mitch McConnell said the Senate will take up a short-term measure Wednesday to fund the federal government through Feb. 8, a move that eases the risk of a shutdown and comes only after President Donald Trump backed off his demand for border wall funds.
Wed, 19 Dec 2018 10:43:39 -0500
Is U.S. Silica Holdings Inc (SLCA) A Good Stock To Buy?
News ImageWe at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds and investors portfolio positions as of September 30th. In this article we look at what those investors think of U.S. Silica Holdings Inc (NYSE:SLCA). U.S. Silica []
Wed, 19 Dec 2018 10:43:04 -0500
Stocks and oil edge higher as investors eye Fed meeting
News ImageGlobal equity markets edged higher on Wednesday after a three-day sell-off which had investors seeking safety in bonds due to mounting pessimism over world economic growth. Crude oil futures have plummeted almost 10 percent since last Thursday while world stock markets have tumbled to 19-month lows. Investors expected the U.S. Federal Reserve to announce one more interest rate hike at a policy meeting later in the day, but they speculated that the U.S. central bank might signal that it plans to stop tightening monetary policy.
Wed, 19 Dec 2018 10:40:46 -0500
EU investigates hacked diplomatic communications
News ImageThe European Union is investigating a cyber hack of its diplomatic communications, allegedly by Chinese hackers, that revealed EU concern about U.S. Donald Trump, Russia and Iran, the bloc said on Wednesday. "The Council Secretariat is aware of allegations regarding a potential leak of sensitive information and is actively investigating the issue," the body that represents EU governments in Brussels said in a statement. The Secretariat declined to comment further but said it "takes the security of its facilities, including its IT systems, extremely seriously", referring to concerns about vulnerabilities in its data systems across 28 EU states.
Wed, 19 Dec 2018 10:37:32 -0500
Stocks surge as investors await Fed decision
News ImageYahoo Finance's LIVE market coverage and analysis, beginning each day at 11:30 a.m. ET.
Wed, 19 Dec 2018 10:37:00 -0500
Fixing South Africa State Companies Comes Second to Politics
News ImageCompanies such as power utility Eskom Holdings SOC Ltd., South African Airways and the South African Broadcasting Corp. are reeling after repeated management and strategy bungles and have indicated they need state aid and staff cuts to survive. While President Cyril Ramaphosas administration has replaced boards and top executives, its opposed suggestions of mass firings across the board or privatization and more bailouts at the power utility.
Wed, 19 Dec 2018 10:35:30 -0500
Fixing South Africa State Companies Comes Second to Politics
News ImageCompanies such as power utility Eskom Holdings SOC Ltd., South African Airways and the South African Broadcasting Corp. are reeling after repeated management and strategy bungles and have indicated they need state aid and staff cuts to survive. While President Cyril Ramaphosas administration has replaced boards and top executives, its opposed suggestions of mass firings across the board or privatization and more bailouts at the power utility.
Wed, 19 Dec 2018 10:35:30 -0500
Italy and markets cheer budget deal with EU, but doubts persist
News ImageThe Commission in October rejected the budget which included a deficit of 2.4 percent of gross domestic product, up from 1.8 percent this year, saying it would not cut Italy's large debt and was an "unprecedented" breach of EU fiscal rules. The ensuing row worried investors, pushed up Italy's borrowing costs and depressed bank stocks. Under the compromise announced by Commission Vice President Valdis Dombrovskis in Brussels, Italy cut its deficit for next year to 2.04 percent of GDP.
Wed, 19 Dec 2018 10:32:19 -0500
Lebanon's finance minister to stay as cabinet edges closer: sources
News ImageLebanon's finance and foreign ministers will keep their posts in the new national unity government, sources said on Wednesday, with the country close to forming the cabinet after seven months of political wrangling. Efforts to form the government, led by Prime Minister-designate Saad al-Hariri, have been obstructed by conflicting demands for cabinet seats that must be parceled out in line with a finely balanced, sectarian political system. Heavily indebted and suffering from a stagnant economy, Lebanon is in dire need of an administration that can set about long-stalled reforms to put public debt on a sustainable footing.
Wed, 19 Dec 2018 10:32:10 -0500
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