If you’ve hated being forced to wait three days after selling a well-performing (or losing) investment to get your cash, you will likely get it a bit faster now. As of Tuesday, most broker-dealer securities transactions — i.e., stocks, corporate and municipal bonds, and exchange-traded funds — must settle within two business days instead of […]
Read moreDoubling your savings may not be as hard as it sounds. There are a handful of simple actions you can take today that could make all the difference with your money. But don’t take our word for it. We rounded up five tried-and-true strategies from early retirees and super-savers that don’t require much time or […]
Read moreThe “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Halliburton. Karen Finerman was a buyer of Bank of America. Dan Nathan was a seller of Boeing. Guy Adami was a buyer of Thermo Fisher Scientific. Trader disclosure: On September 5, 2017, the following stocks and commodities […]
Read moreShares of Newell Brands are down more than 6 percent in pre-market trading Wednesday after the company said Hurricane Harvey threw off its manufacturing supply chain in Louisiana and Texas. The maker of household goods such as Rubbermaid storage containers and Coleman grills released a statement saying continued shutdowns of “nearly all of Newell Brands’ […]
Read moreCheck out which companies are making headlines before the bell: Exxon Mobil – UBS upgraded the stock to “neutral” from “sell,” noting the underperformance of the stock this year and an improved macro outlook for the oil industry. Sarepta Therapeutics – The drugmaker announced positive study results for a new treatment for Duchenne Muscular Dystrophy. […]
Read moreSmall-cap stocks fell about 1 percent on Tuesday, and Todd Gordon says it’s just the first sign that the small-caps’ recent run is done. “It’s been a little too far in a little too short period of time,” the TradingAnalysis.com founder said Tuesday on CNBC’s “Trading Nation.” “We’ve moved up into technical resistance; I think […]
Read moreWealth manager gives 3 reasons why you should stick with stocks and forget about a market correction
Investors simply need to adjust to the current environment rather than ditch their equity portfolios amid geopolitical concerns and fears of a market correction, a U.S. asset manager told CNBC Wednesday. With the S&P 500 up nearly 10 percent year-to-date at a time when geopolitics is worrying investors, some money managers have begun considering a […]
Read moreSometimes, even the best stocks get hit hard by broader market sell-offs, and it’s natural to wonder why, CNBC’s Jim Cramer said. But most of the time, it’s not because of some underlying weakness in the stock that investors didn’t catch. Nowadays, market sell-offs can happen because of index futures rather than actual fundamentals, an […]
Read moreManagers of actively run funds can’t seem to get a break these days, and that includes closed ones. With the rise of passive investing, their business model and sales pitch for active management have come under seemingly constant attack. The latest domino: funds that had previously been closed to new investors. These funds — often […]
Read moreCheck out which companies are making headlines before the bell: Rockwell Collins — The defense contractor agreed to be acquired by United Technologies for $23 billion in the biggest-ever aerospace deal. Rockwell shareholders will receive $140 per share, consisting of $93.33 in cash and the rest in United Technologies stock. Walt Disney – Wells Fargo […]
Read more