U.S. Stocks Are Coping With Europe's Woes
Growth slows across the Atlantic, but ECB is supporting banks and multinationals are persevering.
Steve Schaefer and Matt SchifrinGrowth slows across the Atlantic, but ECB is supporting banks and multinationals are persevering.
Steve Schaefer and Matt SchifrinTraders saw an opportunity to get long Morgan Stanley calls at reduced premiums.
Caitlin Duffy, ContributorBy now many people have received a Form 1099-C, Cancellation of Debt, concerning discharge of indebtedness income allegedly realized by them in 2011. If you received a Form 1099-C, don’t assume that you are taxable on the income alleged in it. There is a good chance you aren’t. read »
We have been running a feature in The Canada Report newsletter titled The Super Stocks. These are the equities we consider to be the top guns in the Canadian market in terms of risk-adjusted returns and future potential. read »
On Friday the U.S. Bureau of Labor Statistics reported that the Consumer Price Index rose by a seasonally adjusted 0.2% in January. That was less than the 0.3% rise expected by economists. read »
Today’s tickers: PFCB, IMAX & VRA read »
Higher costs of grub pinch your wallet but fatten your portfolio.
The unpredictable economy of the last five years has sparked many discussions about what, if anything, can be done to ensure guaranteed payouts in retirement plans. Some of the big insurance companies have suggested that putting annuities in 401(k) plans could be the answer and Uncle Sam may be listening too. If so, it’s the wrong answer. read »
Apple (AAPL) has nearly $100 billion in cash just sitting on its balance sheet, earning nothing more than a market rate of return. As the cash hoard grows ever larger, shareholders have grown increasingly more vocal about getting hold of it. read »
New York Knick point guard Jeremy Lin is a one-man economic recovery that even Ben Bernanke couldn't dream up in his Federal Reserve meetings. Lin-sanity has taken the country by storm and as a result created a spending frenzy that's benefiting a broad range of companies, tax rolls and even the stock market. Lin's salary this season is a modest (by NBA standards) $800,000, but by some calculations, he's turned into the $170 million man. The most tangible impact has been on the market cap of Madison[...] read »
Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), Goldman Sachs (GS) and JPMorgan (JPM) have a debt downgrade problem that could put a quick end to their 2012 stock rally. read »