A woman walks past the New York Stock Exchange (NYSE) on July 13, 2020 on Wall Street in New York City. Johannes Eisele | fake pictures These are the companies that appear in the headlines of the trade at noon: Morgan Stanley – The bank’s shares rose 4% after it …
Read More »
Warren Buffett. Gerald Miller | CNBC An off-brand move to build up in Apple stock could have been Warren Buffett’s biggest trade. Berkshire Hathaway’s stake in Apple, which has claimed 40% of its share portfolio, has increased a whopping $ 40 billion since the market bottom in March. The investment …
Read More »
CNBC’s Jim Cramer said there are investors who want to sell stocks, regardless of positive earnings or encouraging economic data. That is putting pressure on US stocks on Thursday, he added. “Someone is a seller … There is a lot of money that wants to go out now,” Cramer said …
Read More »
If you have dividends to generate retirement income, you may want to moderate your expectations. Wells Fargo joined this week’s list of 773 publicly traded companies, 63 of them on the S&P 500, whose dividends are being reduced or suspended. While you may not have seen many changes in income …
Read More »
The number of Americans applying for unemployment benefits increased more than expected last week, as the country continues to grapple with the economic impacts of the coronavirus pandemic. Weekly initial jobless claims reached 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists surveyed by Dow …
Read More »