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Utility Stocks Flash Crash At The Opening Bell (AEP, NEE)
New York City :: NY :: USA | 1 day ago
Credibility
This morning, when New York markets opened at 9:30 AM, shares of American Electric Power and Nextera Energy, two big electric utilities, briefly plunged 54% and 62% respectively. Both companies are in the S&P 500, and the flash crash brought the
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The Two Big Winners Today Are Gold And Apple
San Francisco :: CA :: USA | 1 day ago
Credibility
Markets are falling (although the US is not as bad as it was earlier)...We've explained a lot in the past about why gold and Apple move together , but the basic gist is that both represent asset classes in their own right that are uncorrelated with
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The Home Depot to Speak at Goldman Sachs Fourth Annual dotCommerce Day
Atlanta :: GA :: USA | 1 day ago
Credibility
The speech will be webcast live over the internet at http://ir.homedepot.com ...The webcast will be archived approximately four hours after the live event and will be available until September 6, 2013 . The Home Depot is the world's largest home
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Is a target-date fund for you?
Atlanta :: GA :: USA | 2 days ago
Credibility
prepackaged retirement funds with a mix of stocks and bonds that adjust to become more conservative as you age -- have begun reshaping the retirement landscape. Target-date funds are gobbling up money as increasing numbers of 401(k) plan
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Deutsche bosses seek to win over skeptical shareholders
Frankfurt :: Germany | 2 days ago
Credibility
Pedestrians are reflected in a window as they walk in front of the headquarters of Deutsche Bank AG in Frankfurt September 5, 2011. Deutsche Bank 's bosses tried to convince skeptical shareholders at a lively annual meeting on Thursday that the bank
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US equities sell-off goes on; futures slump
New York City :: NY :: USA | 2 days ago
Credibility
The momentum of a late sell-off on Wall Street is carrying through for a second day, with U.S. futures and global stock markets in retreat...U.S. stocks began selling off late Wednesday when minutes from the Federal Reserve left some doubts about the
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UK regulator fines JPMorgan 3 million pounds
London :: United Kingdom | 2 days ago
Credibility
News Analysis & Opinion Two men walk past the front desk inside of the headquarters of JPMorgan Chase & Co bank in New York, March 15, 2013. Britain's Financial Conduct Authority (FCA) said it has fined U.S. bank JPMorgan ( JPM.N ) 3.08 million
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RI paid millions to hedge-fund managers
Boston :: MA :: USA | 2 days ago
Credibility
R.I. (AP) Rhode Island paid hedge-fund managers almost $16 million in fees during 2012 to manage the state's $1 billion hedge-fund portfolio. The figures were released Wednesday by General Treasurer Gina Raimondo in response to requests from the
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Don't put all your money in the banana stand
Toronto :: Canada | 2 days ago
Credibility
EDT There's always money in the banana stand, George Bluth Sr. tells his son Michael in the sitcom Arrested Development. What sounds like an ode to a consistent revenue stream turns out to be false: the stand's walls were literally lined with $250,
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PHL needs sustained reforms to support growth, says Goldman Sachs
Manila :: Philippines | 2 days ago
Credibility
FDIs here are outrageously low an increase in this would affect the growth forecast, said Goldman Sachs's managing director for global investment research Christopher Eoyang. Investments that create jobs more than doubled to $436 million in
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