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Tag Archive | "Money"

Cracks emerge in U.S. oil boom

Crude truth behind oil's global boom
The American energy boom is finally showing some cracks from the crash in oil prices.
U.S. oil production decreased by 120,000 barrels per day in September from August, according to a report released by the Energy Information Administration […]

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In wake of South Carolina, a boom for police cameras

Police body cams are a booming business
Calls are once again growing for more police to be outfitted with cameras after the tragic police shooting in South Carolina.
North Charleston officer Michael Slager had a video camera in his patrol car — a so-called dash cam […]

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5 stocks Wall Street is betting will tank

tanking stocks
Petrobras used to be the crown jewel of Brazil. Now it’s a symbol for the country’s rapid decline.
Not only is the oil giant the epicenter of a massive corruption scandal, it’s the focal point of short sellers on Wall Street who believe its shares will continue to crumble.
The scandal may […]

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Warren Buffett-themed Brooks running shoes: A sneak peek

The latest version of the Warren Buffett commemorative sneakers are about to be unveiled, and Brooks, the running shoe company that is owned by Berkshire Hathaway, has just given us a sneak peek.

The shoe will be introduced on May 2, in conjunction with the conglomerate’s annual investor meeting held in Omaha, Nebraska.
Read morefound for you by the BridgeWard News […]

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U.K. makes a big oil discovery

uk oil
An exploration firm in Britain says it has discovered a potential “world class” oil reserve.

It seems Britain could be sitting on a whole lot of oil.
Exploration firm U.K. Oil Gas Investments said Thursday there may be up to 100 billion barrels of oil at an onshore site in south […]

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Bond king: Stop buying energy stocks

oil barrels
Don’t bank on a dramatic comeback for energy stocks.
That’s the message from Jeffrey Gundlach, the so-called king of the bond markets.
A gigantic supply glut has caused oil prices to tumble to just $52 a barrel today. That’s down a whopping 51% from a June peak of $107.
The oil […]

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Shell inks $70B deal as Big Oil gets even bigger

oil mergers
Rock-bottom energy prices are triggering their usual response from oil companies: A wave of tie-ups that make the biggest producers even bigger.
The latest example is Royal Dutch Shell (RDSA)‘s bid for BG Group (BRGYY), a British firm with a stockpile of prized oil fields off the coast of Brazil, and lucrative natural […]

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China’s taxman is coming for Alibaba

alibaba tax authorities
China stands to collect billions of dollars in taxes as Alibaba insiders unload shares held under lock-and-key since the tech firm’s record-breaking market debut last year.
Two of the company’s “lock up” agreements have now expired, releasing an additional 437 million shares for trading. Another 1.6 billion shares — owned by co-founders […]

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This NFL player used connections as bait for Ponzi scheme

will allen dolphins
From 2001 to 2013, Will Allen played for the Miami Dolphins, the New York Giants and the New England Patriots.

As an NFL cornerback, Will Allen played alongside many of the nation’s top athletes.
Now, he stands accused of using his sports connections as bait to raise money for an alleged Ponzi […]

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Indian companies in mad rush to find women board members

Online retail lets women cash in on India's economy
More than a year ago, India’s financial regulator gave listed companies an ultimatum: Add at least one woman to your board.
Hundreds of Indian companies have failed to comply. At other firms, management have appointed daughters, wives […]

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Phone wars: Samsung earnings show signs of life

Galaxy S6  iPhone 6: Twinsies!
Good news for Samsung: The company’s sales and profits appear to be stabilizing, raising hopes that the South Korean electronics giant will emerge from its smartphone-induced funk.
Samsung said Tuesday that it anticipates an operating profit of 5.9 trillion won […]

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Tesla stock is Monday’s big winner

This Tesla just went 'insane'
It’s been a bumpy year for Tesla Motors shares, but they powered back on Monday.
Tesla (TSLA) has seen its high-priced stock fall this year after CEO Elon Musk said in January that sales in China have been weak. But Friday’s […]

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Tesla stock up sharply on strong sales report

This Tesla just went 'insane'
It’s been a bumpy year for Tesla Motors shares, but they powered back on Monday.
Tesla (TSLA) has seen its high-priced stock fall this year after CEO Elon Musk said in January that sales in China have been weak. But Friday’s […]

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Warning sign: U.S. economy only adds 126,000 jobs

march 2015 jobs report
Visitors in hard hats to the construction site of the MGM casino at the National Harbor, Maryland celebrate of the hiring of the 1,000th member of the construction workforce.

March was tough for the U.S. economy.
The U.S. only added 126,000 jobs in March, the lowest since December 2013 and well below […]

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World’s top oil producers

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. […]

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Looking for a job? Check the company’s stock price

Want a job? Try tech
Many well-known companies added workers last year. It shouldn’t be a big surprise that tech firms were among the biggest job creators.
Tech consulting and outsourcing firm Cognizant Technology Solutions (CTSH) increased its headcount by more than 40,000 people in 2014. […]

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Why Wall Street isn’t cheering wage hikes yet

A win for (some) McDonald's workers
Chalk one up for Main Street: Hundreds of thousands of American workers are finally getting a raise.
Pay hikes at McDonald’s (MCD), Target (TGT), TJX Cos (TJX) and Wal-Mart (WMT) are great news, especially given how anemic wage increases have […]

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Looking for a job? Follow the money

Want a job? Try tech
Many well-known companies added workers last year. It shouldn’t be a big surprise that tech firms were among the biggest job creators.
Tech consulting and outsourcing firm Cognizant Technology Solutions (CTSH) increased its headcount by more than 40,000 people in 2014. […]

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Chinese investors trade way more often than Americans

china vs world
One of the easiest ways to mess up your investment portfolio is by tinkering with it too much.
That’s when pesky fees and human error tend to drag down performance. Unless you get super lucky, this common mistake can turn into an expensive double-whammy.
Investors in China apparently didn’t get this […]

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Stock market warning: The risks are rising

Is it time for a correction?
Billionaire Sam Zell is known as the “grave dancer” for buying distressed properties on the cheap.
That’s how he made his billions. So when Zell is raising alarm bells about the stock market, it’s hard to ignore him.
“There’s […]

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GoDaddy races onto Wall Street. Stock soars 30% after IPO

GoDaddy's most infamous ads
GoDaddy has taken it first lap around Wall Street. It’s off to a fast start.
The stock popped 30% after it started trading Wednesday morning on the New York Stock Exchange under the ticker symbol “GDDY (GDDY).”
The website hosting service […]

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GoDaddy races onto Wall Street with $460 million IPO

GoDaddy's most infamous ads
GoDaddy is ready for its first lap around Wall Street.
The website hosting service known for its racy Super Bowl ads and sponsorship of NASCAR star Danica Patrick raised $460 million Tuesday night through an initial public offering.
GoDaddy priced its […]

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