Australia Banks Tighten Mortgage Checks Amid Government Inquiry …
U.S. News & World Report–4 hours ago
The lenders have been under regulatory pressure to boost capital and rein in lending to speculative investors amid fears of a downturn in the property markets of the country’s biggest cities. Moreover, a government-backed inquiry into banks began earlier this week following years of scandals including …
Global Stocks Set for Best Week in Six Years, Dollar Sags
U.S. News & World Report–17 minutes ago
Some investors have been puzzled at the quick rebound, which has coincided with a rise in bond yields on signs that inflation is starting to creep up globally. The argument … Investors were also watching for a sovereign debt rating update on Greece from Fitch, set for release later in the day. European …
Campbell Soup Organic Sales Fall as Customer Dispute Continues
U.S. News & World Report–3 minutes ago
FILE PHOTO: FILE PHOTO: Cans of Campbell’s Soup are stocked on a shelf at a grocery store in Phoenix, Arizona, February 22, 2010. REUTERS/Joshua Lott/File Photo/File Photo Reuters. (Reuters) – Campbell Soup Co on Friday reported a 2 percent drop in organic net sales in its second quarter as a key …
US Stock Investors Shrug off Higher Yields, for Now
U.S. News & World Report–14 hours ago
Some stock investors are drawing optimism from the market’s ability to move upwards in the face of loftier yields – even though those higher yields … Those investors are optimistic about economic growth, and stocks that can benefit from that environment, although they concede the overhanging risk that a …
Futures Rise, Setting Stocks on Firm Ground for the Week
U.S News & World Report Money–17 minutes ago
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 15, 2018. REUTERS/Lucas Jackson Reuters. By Sruthi Shankar. (Reuters) – U.S. stock futures rose on Friday, set to build on a rally that has lasted five straight days as investors shrug off …
Investors Resist Golden Age of Active ETFs
Bloomberg–Feb. 15, 2018
More impressive is that ETFs now deliver active management for nearly the same price as passive investing. The asset-weighted average expense ratio for passive ETFs — those that track a market capitalization-weighted index — is 0.21 percent. By comparison, the average expense ratio of smart beta ETFs …
Oil Near One-Week High on Weak Dollar, Stocks Rally
U.S. News & World Report–5 hours ago
FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo Reuters. By Dmitry Zhdannikov and Osamu Tsukimori. LONDON/TOKYO (Reuters) – Oil prices gained on Friday as the dollar slipped to a three-year low and global stocks …
Exclusive: Unpublished Data Shows India’s Fraud Problems Extend …
U.S. News & World Report–3 hours ago
A pigeon flies past the logo of Punjab National Bank outside a branch of the bank in New Delhi, India February 15, 2018. REUTERS/Adnan Abidi Reuters. By Aditi Shah and Devidutta Tripathy. NEW DELHI/MUMBAI (Reuters) – Investors may have been shocked when one of India’s biggest banks disclosed …
Tractor Maker Deere Reports 23 Percent Jump in First-Quarter Revs
U.S. News & World Report–52 minutes ago
The leaping deer trademark logo is seen on a sign outside a John Deere dealership in Taylor, Texas, U.S., February 16, 2017. REUTERS/Mohammad Khursheed Reuters. (Reuters) – U.S. farm equipment maker Deere & Co on Friday reported a 23 percent jump in first-quarter revenues as its key markets …
Kraft Heinz Quarterly Profit, Sales Miss Estimates
U.S. News & World Report–13 minutes ago
FILE PHOTO: A Heinz Ketchup bottle and a bottle of Kraft parmesan cheese are displayed in a grocery store in New York March 25, 2015. REUTERS/Eduardo Munoz Reuters. (Reuters) – Kraft Heinz Co’s quarterly profit and sales missed analysts’ estimates on Friday, hurt by lower shipments for nuts, natural …
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