Market News

You have to look beyond basic cost of living when vetting a retirement community. You also need to survey hidden, late-retirement expenses.

more...

As trading revenues plunge, wealth management is becoming an increasingly important business for Morgan Stanley.

more...

Baker Hughes (BHI) declared the regular quarterly cash dividend of $0.17 per share of common stock payable June 22, 2016 to holders of record on June 1, 2016.

more...

JPMorgan Chase kicked off the earnings season among banks with a strong performance for the first quarter of the year on Wednesday, April 13. Although profits for the country's largest bank fell year-on-year due to weak securities trading activity, the better-than-expected show helped the bank's shares rise more than 4% despite the Federal Reserve's rejection ...

more...

1. Yahoo’s biggest acquisition to date took place in 1999 with its purchase of internet video streaming service Broadcast.com for $5.7 billion. Yahoo promised to “integrate the company's audio and video programming, business services and advertising programs into Yahoo,” then Yahoo president Jeff Mallett told CNET at the time. Looks like that plan fell through, as Broadcast.com is no more. But it certainly made its founders rich, including Dallas Mavericks owner Mark Cuban.

more...

Where once there were reportedly dozens of firms interested in buying Yahoo, now there are but a handful.

So says a new report in The Wall Street Journal, which lists Verizon as the main suitor for Yahoo’s struggling core Internet business as many other suitors that initially expressed interested will pass on bidding. Another bidder: YP Holdings, also known as the private equity-owned parent company of Yellow Pages, according to Bloomberg.

more...

Gold prices are solidly higher in early U.S. trading Tuesday, while silver prices are sharply higher and have hit a 10.5-month high.

more...

Due to broader market challenges and across-the-board declines among its business segments, Goldman Sachs reported a 40% drop in its first quarter revenue Tuesday morning.

more...

Yahoo reports earnings today, but all anyone cares about is who may buy it.

more...

The Stock Market, as represented by the S&P 500, showed continued strength on Tuesday despite a lower close in the NASDAQ 100. Weakness on earnings and subscriptions caused Netflix (NFLX) to fall more than fourteen dollars to $94.34. Despite that, the broader S&P, as represented by the E-mini S&P 500 Futures, closed seven points higher to 2093.75 and is rapidly approaching the psychological 2100 level.

more...