Business Insider•20 hours agoHousing affordability in America is its worst in nearly a decade, and there's one clear culprit
Housing affordability hit its worst level in nearly a decade during the first quarter, according to Attom Data Solutions. Attom measures affordability by comparing average wages to median home prices to determine the share of income people need to spend on housing. Prospective buyers needed to shell out more because mortgage rates rose.
- TheStreet.com•1 hour ago
How to Play Nvidia and Intel on a Trade War With China
Jensen Huang, the man who could seemingly do no wrong, and Brian Krzanich, the leader who would finally give Intel shareholders something beyond the dividend to cheer about. Intel for reasons other than trade, that I think we can all agree might have left fans of the stock in some state of shock. As for Intel, I sort of got smacked in the teeth.
- TheStreet.com•yesterday
Four Cheap 'Dividend Aristocrats' to Buy Now
"Dividend Aristocrats" are S&P 500 stocks that meet certain minimum size and liquidity requirements and have at least 25+years of consecutive dividend increases. Through its flagship Walgreens chain and certain joint ventures, the company has a presence in more than 25 countries and employs over 385,000 people. WBA's 42 years of consecutive dividend increases qualify it as a Dividend Aristocrat, and the company appears positioned to deliver $5.95 of adjusted earnings per share for fiscal 2018.
- TheStreet.com•4 hours ago
When Is It 'Worth It' to Work With a Financial Advisor?
Not everyone needs a financial advisor. As a financial advisor and certified financial planner, I know I can't help every prospective client who comes through the door. Sadly, the financial advice industry has become so confusing for investors to navigate, that many investors now need a college-level course on the subject just to figure out whether they should even consider working with an advisor.
- MarketWatch•2 days ago
My sister lent my father the down payment for his home and put her name on the mortgage — then he refinanced
She’s concerned her sister will end up carrying the can for the down paymentShe’s concerned her sister will end up carrying the can for the down paymentDear Moneyist,My sister lent our father the down payment to buy his home in Florida.Both their names
- MarketWatch•3 hours ago
Dow futures drop over 150 points as Trump makes more trade threats
The trading week was set to kick off on a downbeat note on Wall Street Monday, as Dow futures fell more than 150 points, dragged lower by a sharp drop in the price of Brent crude and by fresh threats from President Donald Trump against the U.S.’s trading partners. Dow Jones Industrial Average futures (YMU18.CBT) slid 165 points, or 0.7%, to 24,435, while S&P 500 futures (ESU18.CME) fell 13.25 points, or 0.5%, to 2,745.75.
- Bloomberg Video•13 hours ago
Xiaomi IPO Set to Be the World's Biggest in Nearly Two Years
Jun.24 -- Xiaomi's IPO is priced at up to 29.3 times forecast earnings and its CFO says the company deserves such a premium. Bloomberg Intelligence's Vey-Sern Ling discusses the IPO on "Bloomberg Markets: Asia."
Yahoo Finance•2 hours agoAmazon to offer Whole Foods discounts to Prime members nationwide
Amazon rolls out discounts for Prime members in Whole Foods stores nationwide. The Prime member discounts include an additional 10% off sale items, typically hundreds of products throughout the store, plus exclusive weekly deep discounts on select items. To enjoy the exclusive deals, customers need to download the Whole Foods app and login using their Amazon Prime account or phone number.
- Investopedia•5 hours ago
Cisco's Stock May Plunge by 10%
Cisco Systems, Inc. ( CSCO) stock has been steadily climbing over the past year, with shares of the networking company reaching prices not seen in nearly 20 years, rising by almost 36%, and easily beating the S&P 500’s return of 13%.
- Bloomberg•yesterday
Amazon-Berkshire-JPMorgan Health Venture Takes Aim at Middlemen
The health venture established by Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. will take aim at intermediaries in the health-care system as a part of a broad effort to reduce wasteful spending, the venture’s newly named chief executive officer said. The still-unnamed business will initially seek to develop ways to improve care for the more than 1 million individuals who get health insurance from the three firms. Over time, the venture will make those innovations available freely to other companies, meaning that if it’s successful, its effects could be felt more broadly among the more than 150 million people in the U.S. who get their health insurance through work.
- The Wall Street Journal•2 hours ago
Stocks to Watch: Nvidia, Harley-Davidson, GE, Apple, AT&T, Netflix, Kohl's, Education Realty Trust
Here are some of the companies with shares expected to trade actively in Monday's session. Stock movements reflect premarket trading. Nvidia —Down 1.8%: President Donald Trump plans to ratchet trade tensions
- Zacks•3 hours ago
The Zacks Analyst Blog Highlights: Procter & Gamble, AbbVie, IBM, McDonald's and General Electric
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Procter & Gamble PG, AbbVie ABBV, IBM IBM, McDonald's MCD and General Electric GE. Today, Zacks is promoting its ''Buy'' stock recommendations.
- Bloomberg Video•13 hours ago
Shanghai Composite on the Edge of a Bear Market
Jun.24 -- The Shanghai Composite is teetering on the edge of a bear market as investors face the possibility of a U.S.-China trade war. Bloomberg's Divya Balji reports on "Bloomberg Markets: Asia."
- TheStreet.com•3 hours ago
These 5 Tech Giants Still Aren't That Expensive
Several tech giants still carry reasonable valuations -- at least after accounting for the impact of heavy near-term spending and/or business model transitions. Apple's revenue growth profile isn't as strong as that of some of the companies mentioned below -- the consensus is for Apple to see 14% revenue growth in fiscal 2018, but just 4% growth in fiscal 2019.
- Investopedia•5 hours ago
6 Lagging Oil Stocks Ready to Rebound
The energy sector appears to have shaken off its dismal start to the year, rebounding nicely as oil prices continue their rise that began in the latter half of 2017. The fears are overdone, however, as some analysts see an opportunity for a rebound in names like Cimarex Energy Co. ( XEC), Matador Resources Co. ( MTDR), Parsley Energy Inc. ( PE), Diamondback Energy Inc. ( FANG), Concho Resources Inc. ( CXO) and Callon Petroleum Co. ( CPE), according to Barron’s.
- Engadget•15 hours ago
AT&T managers encouraged unethical DirecTV Now sales pitches
There's no question that AT&T really, really likes it when customers sign up for DirecTV Now. It regularly touts the subscriber numbers, and it has lately offset troubles with the telecom's conventional TV business. A Hawaii News Nowinvestigation asserts that AT&T retail managers pressured staff into using unethical sales tactics for DirecTV Now.
- CNBC•yesterday
For soon-to-be retirees, working a little while longer can pay off big time
Delaying retirement for just three to six months has the same impact as saving 1 percent more of your salary over 30 years. When it comes to retirement savings, many nest eggs fall short. The power of saving continues to decrease as workers approach retirement age, according to the working paper from the National Bureau of Economic Research .
- Zacks•3 hours ago
Implied Volatility Surging for MannKind Corporation (MNKD) Stock Options
Investors in MannKind Corporation MNKD need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
- CNBC•5 hours ago
Dow drops more than 200 points as Trump reportedly plans to curb Chinese investments in US tech
Stocks kicked off the week trading lower on Monday as the Trump administration is reportedly preparing to restrict investment in U.S. technology by Chinese companies. The Dow Jones Industrial Average dropped 235 points, with Boeing and Intel among the biggest decliners in the index. The Nasdaq composite pulled back 1.5 percent as Facebook, Amazon, Netflix and Google-parent Alphabet dropped.
- Zacks•2 hours ago
WDC or NTAP: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Computer- Storage Devices sector might want to consider either Western Digital (WDC) or NetApp (NTAP). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a
- CNBC•17 hours ago
GE is said to close in on a $3B-plus deal to sell industrial engine unit to a private equity firm
General Electric is poised to sell off its industrial engine unit for at least $3 billion, The Wall Street Journal reported on Sunday. General Electric GE may sell a unit that manufactures industrial engines to a private equity firm, The Wall Street Journal reported on Sunday , as part of a wide ranging effort to revitalize the moribund manufacturing giant. The Journal, citing unnamed sources familiar with the matter, said GE could complete a transaction as soon as Monday that would be worth $3 billion or more.
- TheStreet.com•3 hours ago
Trump, Trade Wars, General Electric, 'Jurassic World' - 5 Things You Must Know
Here are five things you must know for Monday, June 25: 1. -- Stocks Tumble as Trump Lobs More Trade Threats U.S. stock futures fell on Monday, June 25, and global stocks were tumbling as investors reacted to the latest threats on tariffs from Donald
Reuters•2 hours agoAT&T to buy online ad exchange firm AppNexus
(Reuters) - AT&T Inc (T.N) said on Monday it would buy online advertisement exchange company AppNexus Inc, less than a month after the No. 2 U.S. wireless carrier closed its $85 billion deal to acquire media company Time Warner Inc (TWX.N).
- Zacks•4 hours ago
Bull of the Day: HollyFrontier Corporation (HFC)
HollyFrontier Corporation (HFC), a Zacks Rank #1 (Strong Buy) is engaged in refining petroleum. It produces and markets gasoline, diesel, jet fuel, asphalt, heavy products and specialty lubricant products. HollyFrontier Corporation, formerly known as Holly Corporation, is headquartered in Dallas, Texas.
- MarketWatch•yesterday
To free Fannie and Freddie, their regulator may bypass do-nothing Congress
Is a Fannie Mae-Freddie Mac endgame finally in sight? For years, the two mortgage finance giants at the heart of the 2008 housing crisis have languished as wards of the state, stuck in federal “conservatorship” as Congress repeatedly failed to find a framework for a future housing finance system that would offer them a way out. First, a quick recap: Congress in 2012 specified that both companies would send their capital every quarter to Treasury, until they finally reached zero in 2017.
